From Småland to a lasting legacy
The history of INGKA Foundation is closely connected to the life and values of its founder, Ingvar Kamprad. Raised in rural Småland in southern Sweden, he was shaped by a culture of hard work, resourcefulness and responsibility.
In 1943, at the age of 17, Ingvar Kamprad registered IKEA as a small mail-order business. The name combines his initials – Ingvar Kamprad – with Elmtaryd, the family farm where he grew up, and Agunnaryd, the nearby village. What began as a modest enterprise grew into a global home furnishing business guided by the belief that good design should be accessible to the many people.
As the business expanded, Kamprad became increasingly focused on its long-term future. He wanted to ensure that IKEA would remain independent long after his lifetime and that its success would help create a better life for the many people.
INGKA Foundation was established to realise this long-term vision. Today, the Foundation continues to be guided by the values that shaped those early beginnings, safeguarding the independence of Ingka Group and ensuring that its resources contribute to positive, lasting change for people and communities around the world.
Timeline
1926
Ingvar Kamprad is born in Småland, Sweden, a region known for its practical mindset and strong work ethic – values that will shape Kamprad’s lifetime approach to business and responsibility.
1943
At 17, Kamprad registers IKEA as a mail-order company, selling everyday goods to customers across Sweden.
1948–1951
The business begins focusing on furniture and home furnishings, laying the foundations for future growth.
1958
The first IKEA store opens in Älmhult, Sweden, marking a new chapter in expansion and innovation.
1982
INGKA Foundation is established to safeguard the long-term independence and continuity of Ingka Group, which brings the IKEA brand to millions of homes around the world.
Today
INGKA Foundation continues to ensure that the IKEA vision – to create a better everyday life for the many people – thrives for generations to come.
