Mathias Kamprad was born in London, United Kingdom, Sweden. Mathias Kamprad is #1920 in List Billionaires People In The World. Mathias Kamprad, together with brothers Peter and Jonas, have inherited the fortune and responsibility held by their father, Ikea founder Ingvar Kamprad until 2013. Ingvar Kamprad was in the top-10 of the world's richest for five years thanks to Forbes' estimate of the global furniture giant, but his net worth took a drastic slide in 2011 after his lawyers produced documents proving that he had irrevocably transferred the majority of his stake in Ikea to entities beyond his economic control decades earlier. The three brothers still own Ikano Group, which originally was created to manage Ikea's real estate, insurance and financial service businesses , but was spun off as a separate company in 1988. Today Ikano Group is a $7.3 billion (annual sales) company that operates across Europe and Asia with interests in banking, real estate and shopping centers. Mathias, the youngest brother, is a board member of Inter Ikea Holding, the owner of the intellectual property assets. He also sits on the board of Ikano Group.