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IKEA founder Kamprad

Swedish IKEA founder Kamprad dies at 91

STOCKHOLM: Billionaire IKEA founder Ingvar Kamprad, who turned a business he launched as a teenager into one of the world’s best known furniture brands, has died at the age of 91, the Swedish company said on Sunday. IKEA’s simple but sturdy designs and self-assembly products are now familiar in homes around the globe and the retailer is aiming to generate 50 billion euros ($62 billion) in annual revenues by 2020. Kamprad started IKEA in 1943 when he was just 17, but his big break came in 1956, when the company…