Who is the Owner of IKEA?

Have you ever walked into a big blue and yellow store and got lost for hours looking at sofas, lamps and other home decor items? Well this company sells you furniture that you build yourself at home with a small tool and a picture guide. It has stores so big that they even have their own restaurants inside. Millions of people visit their stores every year and this company changed the way people buy furniture. Yes, this company is IKEA. Let’s learn about its founder and who owns the company today. 

Who Was the Founder of IKEA?

The company was founded in the year 1943 by a boy named Ingvar Kamprad. He was just 17 years old when he came up with this business. IKEA started as a small mail order business in Sweden and it sold items like pens, wallets, and picture frames. 

The first IKEA store opened on 28 October 1958, in a town called Almhult in Sweden. Today this company is the largest furniture retailer in the entire world. 

Who is the Owner of IKEA?

IKEA is not owned by a single person but it has a special ownership structure that has two separate foundations based in the Netherlands. Most of the IKEA stores are run by a company called Ingka Group owned by the Stichting INGKA Foundation, which is a non-profit organisation. 

The actual IKEA brand name and business idea is owned separately by a company called Inter IKEA Systems B.V. This company is owned by Inter IKEA Holding B.V., which is controlled by the Inter IKEA Foundation. 

So, to put things into simpler terms, IKEA has no single owner. It is controlled by foundations, not by shareholders or one rich person. The Kamprad family doesn’t directly own the brand anymore. 

Who is the Current CEO of IKEA?

As of early 2026 Juvencio Maeztu is the CEO and President of Ingka Group, the company that runs most IKEA stores. He took the post in the year 2025 and before this role he worked as Deputy CEO and CFO of Ingka Group for seven years.

The other part of IKEA which is known as IKEA Group has its own CEO which is Jakub Jankowski.

How Big is IKEA?

Here are some interesting statistics about IKEA: 

• IKEA currently operates in 63 countries and territories around the world as of 2025.

• IKEA has 504 stores across the world as of 2025. 

• The brand currently employs about 170,000 people worldwide.

• The IKEA website carries about 12,000 products, and its websites received over 4.6 billion visitors in fiscal year 2024.