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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Confirmed User
Join Date: Dec 2003
Location: In Quarantine
Posts: 869
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Bill Gates is now Number 2
http://in.news.yahoo.com/040404/137/2cdva.html
IKEA founder overtakes Gates as world's richest STOCKHOLM (Reuters) - Ingvar Kamprad, the Swede who founded furniture retail chain IKEA, has overtaken Microsoft's Bill Gates as the world's richest man, Swedish TV news reported on Sunday. Citing next week's edition of the Swedish business weekly Veckans Affarer, public service SVT2 television said Kamprad, 77, has a personal fortune of 400 billion crowns ($53 billion). Gates's fortune is put at $47 billion, according to the latest list of the world's rich in U.S. Forbes magazine, SVT2 said. Kamprad, known for frugal habits such as flying economy class, lives in Switzerland and no longer takes part in the daily running of IKEA, but has kept ownership of the company with more than 180 stores in over 30 countries in the family. SVT2 said the dollar's slide against other currencies is the main reason why Kamprad has now overtaken Gates. |
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#2 |
Too lazy to set a custom title
Join Date: Nov 2002
Location: Earth
Posts: 14,622
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That is amazing. He sells furniture and has that dominent of a position. Sort of makes you think people who say it can't be done of full of it.
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#3 |
Confirmed User
Join Date: Mar 2004
Location: Canada T.O.
Posts: 851
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this is bs he wasn't even in the top 10 last year
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#4 |
Too lazy to set a custom title
Join Date: Dec 2001
Location: Charlotte, NC
Posts: 14,137
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I think it's BS as well.
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#5 |
Confirmed User
Join Date: Dec 2003
Location: Australia
Posts: 237
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I find it hard to believe that someone with only 180 stores worldwide selling shit furniture could possibly have more cash than Gates. Possible I guess but unlikely. Then again I guess IKEA's R&D costs would be so minimal to pump out that rubbish that the profits must be excellent.
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#6 |
Confirmed User
Join Date: Oct 2002
Location: Never visits the same thread twice
Posts: 4,099
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nope
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#7 |
Confirmed User
Join Date: Feb 2002
Location: Free Speech Land
Posts: 9,484
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The value of the U.S. dollar has fallen so much under Bush's shitty economy, that Gates is probably losing money even when he makes money in U.S. dollars.
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#8 |
Confirmed User
Join Date: Jul 2001
Posts: 7,020
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There's still good money to be made in furniture...some people redecorate every couple of years, plus with the global operations of IKEA, their supply chain must be really efficient.
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#9 |
Confirmed User
Join Date: Jan 2003
Location: West (by God) Virginia
Posts: 1,088
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If MicroSoft's stock went up a couple bucks a share that would probably be all it would take to put Gates back on top.
He's got a gazillion shares.
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#10 | |
Guest
Posts: n/a
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Quote:
Very hard to believe, especially since Forbes magazine rated Ingvar the 13th richest person with a net worth of 18.5 billion dollars just in february. ![]() |
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#11 |
vip member
Join Date: Jan 2003
Posts: 17,798
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Furniture is cheap to make, the reason it costs so much is because it takes up a lot of space to store it and usually doesnt sell fast. I imagine they sell their stuff pretty fast and dont have to keep it around long. If each store makes $1 mil a year profit, 180 stores, in 10 years thats $18 billion. I can see him being worth $50 billion
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#12 |
Guest
Posts: n/a
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wow
![]() a few cents difference in stock and Gates will be back on top again ![]() |
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#13 |
Confirmed User
Industry Role:
Join Date: Oct 2003
Posts: 5,193
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What happened to the Wal-Mart dude?
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#14 |
HAL 9000
Industry Role:
Join Date: May 2001
Posts: 34,515
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i dont believe it,no way
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#15 |
Confirmed User
Join Date: Dec 2002
Location: Sweden
Posts: 7,219
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HELL YEAH, ! !!!
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#16 | |
Confirmed User
Join Date: Dec 2003
Location: Australia
Posts: 237
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#17 |
AdultTubeSubmits.com
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Join Date: Dec 2003
Location: The Netherlands
Posts: 10,598
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I believe it. The dollar has sunk a lot against the euro...
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#18 | |
Guest
Posts: n/a
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Quote:
you mean the 5 Waltons @ 20 Bil each? ![]() |
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#19 | |
vip member
Join Date: Jan 2003
Posts: 17,798
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Quote:
but I imagine they sell more than $180 mil in profit per year anyway.. |
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#20 |
Confirmed User
Join Date: Dec 2002
Location: Sweden
Posts: 7,219
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#21 |
Confirmed User
Join Date: Apr 2004
Posts: 740
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<center>Bill Gates has <b>always</b> been Number 2...
<img src="http://www.smeg.co.uk/gfx/poo/klingon.jpg"></center>
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#22 | |
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Join Date: Oct 2003
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#23 |
Confirmed User
Join Date: Nov 2003
Location: Las Vegas
Posts: 2,985
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well, darnit
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#24 |
Too lazy to set a custom title
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Join Date: Jan 2004
Posts: 25,203
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Hmm i thought that Roman Abramovic was richest in Europe but i guess i was wrong but i realy want to see Billy face now
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#25 | |
Confirmed User
Join Date: Dec 2002
Location: Sweden
Posts: 7,219
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Quote:
$50 per sign up? ![]() |
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#26 | |
Confirmed User
Join Date: Aug 2001
Location: IN
Posts: 2,283
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Quote:
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#27 |
If u touch it, I will cum
Join Date: Sep 2003
Location: long island
Posts: 22,923
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ikea furniture sucks donkey dick.........and microsoft has yet to make anything truly stable.....hmmmmmmm i could care lesss who makes more money since i'm not seeing a penny
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#28 |
Confirmed User
Join Date: Sep 2003
Posts: 4,209
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micro$oft sucks
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#29 |
Confirmed User
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Join Date: Oct 2001
Location: Montreal
Posts: 3,989
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IKEA have HUGE stores honestly, theres one here and its fucking HUGE!!!!
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#30 |
GFY HALL OF FAME DAMMIT!!!
Join Date: Jan 2002
Location: that 504
Posts: 60,840
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IKEA = SCIENTOLOGY
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#31 | |
:glugglug
Join Date: Mar 2003
Location: Where the Wild Things Are
Posts: 26,118
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#32 | |
Confirmed User
Join Date: Aug 2003
Posts: 784
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Gates, what a poor bastard now...
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#33 | |
:glugglug
Join Date: Mar 2003
Location: Where the Wild Things Are
Posts: 26,118
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#34 | |
Confirmed User
Join Date: Dec 2003
Location: In Quarantine
Posts: 869
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#35 |
Confirmed User
Join Date: Dec 2003
Posts: 2,494
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he fly's economy? What a nutcase.
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#36 |
Confirmed User
Join Date: Jun 2001
Location: Closer than you think
Posts: 9,535
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I guess Bill Gates alreadu lose his crown....
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#37 |
Ryde or Die
Industry Role:
Join Date: Dec 2002
Location: California-Shanghai
Posts: 19,568
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I would be happy being #100
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#38 |
Entrepreneur
Join Date: Oct 2002
Location: USA
Posts: 31,429
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Baloney.
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#39 |
Too lazy to set a custom title
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Join Date: Oct 2002
Location: Montreal, Quebec
Posts: 29,677
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The charismatic founder of IKEA, the multinational furniture company that currently generates over 15 billion in sales, has always had a keen sense of business. At the age of five, he was already selling matches to his friends. In 1950, Ingvar Kamprad developed the concept of foldable furniture, the secret to IKEA's success. The Swedish businessman patiently built his empire of inexpensive contemporary furniture that now extends to the far corners of the world.
The Kamprad family has lived in Switzerland since 1976 at Epalinges, in Upper Lausanne. Kamprad's three sons learned French, a language already spoken by Ingvar's wife, Margaretha. In keeping with his style, the founder of IKEA lives in a discreet home and drives an old Volvo. His wife presides over the Lausanne parish of the Swedish Church, where they get together with the many other Swedes who have settled in Switzerland. When not on business trips or gazing over the shores of Lake Geneva, the Kamprad family lead a happy life in Upper Lausanne. Living in Switzerland allows this businessman to travel quickly throughout Europe and to enjoy an exceptional standard of living in the Lake Geneva Arc. And yet the head of IKEA still lives life at the same old pace. In reality, he is thrifty and waits until the end of the village market to take advantage of the best prices and travels by train in second class. The billionaire feels so safe in Switzerland that he rides public transportation to travel incognito throughout Switzerland.
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#40 | |
Confirmed User
Join Date: Oct 2003
Location: in the neck
Posts: 961
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Quote:
he's been busy with credit card scams
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#41 | |
Confirmed User
Join Date: Feb 2001
Location: USA
Posts: 6,894
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#42 |
Confirmed User
Join Date: Feb 2004
Posts: 1,889
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whoa
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#43 |
Too lazy to set a custom title
Join Date: Feb 2003
Posts: 12,240
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Considering that IKEA is a privately held company, nohahahaha can accurately say what the company is worth, so I don't see how they think they can accurately guess the guys wealth. Microsoft is a public company and at any time anyhahahaha can see how many shares Bill Gates owns so it's much easier to gauge his wealth.
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#44 |
Confirmed User
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Join Date: Feb 2003
Location: Porn Valley, California
Posts: 100
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I'm not sure if this is true or not..but the bottom line is that he got ALOT of money...much much more than me....so he get my props!!
But he better not sleep...cause I'm coming!! ![]() |
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#45 |
Confirmed User
Join Date: Sep 2003
Location: Say-Town
Posts: 1,413
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Flying economy class with 53 billion..... not me
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#46 |
Too lazy to set a custom title
Join Date: Nov 2002
Location: Virgin Mary's womb
Posts: 16,826
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fuck the walton family
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#47 |
Mining for Porn!
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Join Date: Aug 2002
Location: New Haven CT
Posts: 1,328
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lol.. poor old billy boy
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#48 |
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#49 |
Too lazy to set a custom title
Join Date: Oct 2002
Location: Global Traveler
Posts: 51,271
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Bill probably won't take the sitting down.
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#50 |
Confirmed User
Join Date: Jan 2004
Posts: 447
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There's two brothers who married into the Walton family.
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