NEW YORK — Recent financial disclosures by the franchisor of home furnishings giant Ikea has led business news service Bloomberg to up its valuation of Ikea founder Ingvar Kamprad's fortune.
The Bloomberg Billionaires Index estimate for Kamprad's empire jumped by more than $1.4 billion to nearly $39 billion, Bloomberg said.
In the disclosure, Ikea also estimated the value of its brand at 9 billion euros, or about $11 billion, according to news reports.
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