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World's Billionaires - #7

Wednesday, March 5, 2008provided by

© JEAN-BERNARD SEIBER/Reuters/Landov

Ingvar Kamprad & Family
Sweden
$31.0 bil

• Peddled matches, fish, pens, Christmas cards and other items by bicycle as a teenager.
• Started selling furniture in 1947.
• Now, his company Ikea, which sells hip designs for the cost-conscious, is one of the most beloved retailers in the world, with an almost cultlike following.
• Ikea now has stores in 40 countries, from Sunrise, Fla., to Guangzhou in China.
• As egalitarian as his brand, Kamprad avoids wearing suits, flies economy class and frequents cheap restaurants.
• Has been quoted as saying that his luxuries are the occasional nice cravat and Swedish fish roe.
• Says his home is furnished mostly with his own Ikea products.
• Last May was awarded the Global Economy Prize by the University of Kiel for his contributions to society.

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• Mortgage

  Loan Type	Today	Last Week
  30 Year Fixed	6.14%	6.26%
  15 Year Fixed	5.67%	5.77%
  1 Year ARM	6.02%	5.92%
  30 Year Fixed Jumbo	7.26%	7.36%
  5/1 ARM	5.81%	5.91%
  3/1 ARM	5.72%	5.70%

  Source: Bankrate
• Home Equity

  Loan Type	Today	Last Week
  $30K Home Equity Loan	7.59%	7.63%
  $50K Home Equity Loan	7.19%	7.25%
  $75K Home Equity Loan	7.20%	7.26%
  $30K HELOC	5.15%	5.17%
  $50K HELOC	4.77%	4.80%
  $75K HELOC	4.77%	4.81%

  Source: Bankrate
• Savings

  Savings Type	Today	Last Week
  6 month CD	3.17%	3.16%
  1 year CD	3.69%	3.65%
  3 year CD	3.86%	3.85%
  MMA	2.43%	2.45%
  $10K MMA	2.70%	2.72%
  $25K MMA	3.03%	3.07%

  Source: Bankrate
• Auto

  Loan Type	Today	Last Week
  36 Month New Car Loan	6.72%	6.72%
  48 Month New Car Loan	6.51%	6.50%
  60 Month New Car Loan	6.52%	6.51%
  72 Month New Car Loan	6.44%	6.44%
  36 Month Used Car Loan	7.08%	7.08%
  48 Month Used Car Loan	6.81%	6.80%

  Source: Bankrate
• Credit Cards

  Card Type	Today	Last Week
  Balance Transfer	10.31%	10.03%
  Low Interest	11.01%	10.97%
  For Bad Credit	13.02%	13.12%
  Cash Back	11.47%	11.46%
  Business	11.10%	10.91%
  Airline	12.75%	12.69%

  Source: CreditCards.com

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