Heartly Condolence! Ingvar Kamprad, the Swedish founder of the Ikea furniture chain, has died at the age of 91 and the company was first to announce this bad news.
In a statement, Ikea confirmed that Mr. Kamprad passed away at his home in Småland. The company praised Mr. Kamprad saying that he was "one of the greatest entrepreneurs of the 20th century".
Ingvar Kamprad, IKEA Founder, Dies At Age 91
The Ikea founder had faced questions over his past connections to the Nazis, which he referred to as the "greatest mistake" of his life.
Mr. Kamprad was born in 1926 in Småland and he was only 17 when he founded Ikea. IKEA's statement said that he "peacefully passed away at his home".
His company's designs became world-known because of their simplicity and value.
Furniture designer Jeff Banks said that Mr. Kamprad's creations completely changed how people designed and made products for the home.
People have tried to reproduce and copy that, but unsuccessfully.
Mr. Banks further said that the designs produced and sold through the retailer made good use of recyclable products, adding that Mr. Kamprad was "head and shoulders above the rest".