Billionaire Ikea Founder Ingvar Kamprad dies aged 91

Ingvar Kamprad, the Founder of Swedish furniture giant Ikea, died at the age of 91 at his home on Saturday, the company said in a statement. Kamprad was the world's eighth-richest person with a net worth of $58.7 billion, according to Bloomberg. He had founded Ikea at the age of 17, building it into the world's largest furniture retailer.