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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (9343)	4/5/2004 9:11:16 AM
From: Proud_Infidel	Respond to of 25522

Kind of OT: Furniture shop owner overtakes Gates as 'world's richest' April 05 2004 by Reuters Microsoft's Bill Gates has been overtaken as the world's richest man by Ingvar Kamprad, the Swede who founded furniture retail chain IKEA, according to Swedish TV news reports. Citing next week's edition of the Swedish business weekly Veckans Affarer, public service SVT2 television said Kamprad, 77, has a personal fortune of 400bn crowns ($53bn). Gates's fortune is put at $47bn, according to the latest list of the world's rich in Forbes magazine, SVT2 said. Kamprad, known for frugal habits such as flying economy class, lives in Switzerland and no longer takes part in the daily running of IKEA, but has kept ownership of the company in the family with more than 180 stores in more than 30 countries. SVT2 said the dollar's slide against other currencies is the main reason why Kamprad has now overtaken Gates.