IKEA's billionaire founder was famously frugal — here's what you can learn from him

Group 1: IKEA's Financial Performance - IKEA reported total revenue of over $51.213 billion in fiscal year 2025, showcasing its remarkable growth while maintaining low prices relative to inflation [1] - Despite inflationary pressures, IKEA's leadership team effectively navigates economic challenges, reflecting the company's resilience [2] Group 2: Leadership and Legacy - Ingvar Kamprad, IKEA's founder, was known for his extreme frugality, which included practices like buying clothes from flea markets and recycling tea bags [2] - Kamprad's legacy of cost-saving strategies continues to influence IKEA's operations even after his passing in 2018 [3] Group 3: Investment Strategies - Diversification of assets is crucial for long-term wealth, as exemplified by Kamprad's complex tax structure to minimize tax burdens on his corporate stake [4] - Real estate is highlighted as a reliable hedge against inflation, with platforms like Mogul offering fractional ownership in rental properties, providing monthly income and tax benefits [5] Group 4: Real Estate Investment Platform - Mogul, founded by former Goldman Sachs investors, selects the top 1% of single-family rental homes, allowing investors to access institutional-quality offerings at lower costs [6] - The platform ensures a minimum 12% return in downside scenarios, with an average annual IRR of 18.8% and cash-on-cash yields averaging between 10% and 12% annually [7]