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IKEA has a little known secret: the company is a non-profit. Ingvar Kamprad the founder of IKEA created the philanthropic Stichting Ingka Foundation whose mission is to “further the advancement of interior design.” IKEA’s bizarre business model looks like this: the nonprofit Stichting Ingka owns a private Dutch Company, Ingka Holdings that owns the majority of individual stores at the franchise level. — onlinemba.com
