IKEA's founder Ingvar Kamprad's frugal ways also applied to the company's finances.To minimize tax liabilities,he split the company into two parts: Inter Ikea owns the brand and the concept,while Ikea Group runs the retailing operations.

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Ingvar Kamprad did indeed structure IKEA to minimize tax liabilities by splitting it into two parts: Inter IKEA, which owns the brand and concept, and IKEA Group, which handles the retail operations. This structure also reflects Kamprad's frugal approach to both personal and business finances.

IKEA's Founder Ingvar Kamprad's Frugal Ways Also Applied to the Company's