Peter Kamprad

About Peter Kamprad

Ingvar Kamprad, who died in 2018, transferred the bulk of his Ikea empire to foundations in the 80's, but kept enough to make his sons billionaires.

Peter and his brothers own Ikano Group, which was created to manage Ikea's real estate and financial service businesses, but was spun out in 1988.

Today Ikano Group is a $2.1 billion (sales) company with interests in banking, real estate and Asian shopping centers.

Peter, the eldest brother, ran Ikea's Belgian operations for 12 years; he now chairs the Ikano Group.

Early in his career, Peter worked three years at a different Swedish retail giant, fast-fashion company H&M.