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How IKEA founder Ingvar Kamprad became one of the richest self-made billionaires

Tanza LoudenbackAug 16, 2015, 22:56 IST

Twitter/Ingvar Kamprad

Swedish business magnate Ingvar Kamprad has been at the helm of IKEA, one of the world's largest furniture stores and most beloved brands, for more than 70 years.

With a net worth of $48.1 billion, he's now .

Kamprad remains boldly innovative, inherently simplistic, and incredibly wealthy.

From humble beginnings selling holiday tchotchkes to his neighbors as a child, here's how Kamprad started a privately held $11.8 billion furniture revolution and became a billionaire.