Bill Gates No Longer World’s Richest Man

CNN reports that “Ingvar Kamprad, the Swedish businessman who founded furniture retailer IKEA, has overtaken Microsoft’s Bill Gates as the world’s richest man,” amassing a personal fortune of “400 billion crowns ($53 billion).” Wow…

Update: Kamprad disputes this claim through 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.” Either way, he’s still pretty damn rich…

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