'Completely wrong': Ikea denies founder is richest man
STOCKHOLM, Sweden (AP) ? The founder of Swedish furniture giant Ikea may not be hurting for money, but the company he founded on Monday denied a report that he surpassed Bill Gates and Warren Buffett as the world's wealthiest man.
"This is completely wrong. It's a mistake that is made all the time," said Ikea spokeswoman Marianne Barner. "Estimating the value of the company, including all the stores, and saying it's all Ingvar's, that is totally wrong."
"Ingvar Kamprad does not own Ikea. Ingvar donated the concern to the Dutch Stichting INGKA Foundation in 1982."
In February, Forbes magazine's annual ranking of the world's billionaires put Gates at No. 1 with an estimated $46.6 billion. It was the 10th consecutive year the Microsoft co-founder was atop the list. (Related: Forbes billionaire list)
Buffett, the Omaha investment guru, was No. 2 with $42.9 billion.
On that same list, Kamprad was No. 13, with an estimated fortune of $18.5 billion.
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