Just in:  

You are here: Home»World»Europe»Ikea's Ingvar Kamprad still richest man in Switzerland

Ikea's Ingvar Kamprad still richest man in Switzerland

ikea23GENEVA: Ingvar Kamprad, founder of Swedish furniture giant Ikea, has retained his place atop Switzerland's rich list, with his net worth estimated at up to 39 billion Swiss francs (32 billion euros, $42 billion), Swiss magazine Bilan said Friday.


In its annual review of the country's 300 wealthiest residents, Bilan estimated that Kamprad's fortune rose by around 1.0 billion Swiss francs in 2012.


The 86-year-old Swede, who was also listed as the fifth wealthiest person on the planet, did not however keep pace with the 9.0-percent average boost seen by Switzerland's 137 billionaires, the magazine said, estimating their total worth at more than 438 billion Swiss francs.


Number two on the list is Jorge Lemann, a Brazilian national born to Swiss emigrants, whose assets were estimated at between 17 and 18 billion Swiss francs.


Lemann, who lives in Brazil and Zurich, saw his fortune shoot up by 9.0 billion Swiss francs in a year, Bilan said, thanks to the increasing value of his 15-percent holding in InBev, the world's biggest brewer.


There were 21 newcomers on this year's list of families and individuals with fortunes of 100 million Swiss francs or more, with three billionaires among them, Bilan said.


Topping the newcomer list is Mohammed Elkhereiji, who recently returned to Geneva after spending three years in Saudi Arabia and who is estimated to be worth around 2.6 billion Swiss francs.


Fourteen nationalities were represented on Switzerland's rich list, with Swiss citizens filling 168 of the 300 spots, Bilan said.


French citizens came in second with 43 names on the list, followed by Germans with 37 and Britons with 16.


Copyright AFP (Agence France-Presse), 2012


Index Closing Chg%
Arrow DJIA 17,813.39 0.01
Arrow Nasdaq 5,116.15 0.26
Arrow S&P 2,088.87 0.01
Arrow FTSE 6,393.13 0.88
Arrow DAX 11,320.77 1.35
Arrow CAC-40 4,946.02 1.08
Arrow Nikkei 19,944.41 0.49
Arrow H.Seng 22,488.94 0.04
Arrow Sensex 25,958.63 0.71

Wholesale Camping Equipment from China at 

New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk

Ad Asia 2015

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln