Entrepreneurs
Ingvar Kamprad Net Worth
| Net Worth: | $42.5 Billion |
|---|---|
| Born: | March 30, 1926 |
| Died: | January 27, 2018 |
| Country of Origin: | Sweden |
| Source of Wealth: | Entrepreneur |
| Last Updated: | May 15, 2026 |
Introduction
Ingvar Kamprad was a Swedish businessman with an estimated net worth of $42.5 Billion.
Net Worth History
| Year | Net Worth |
|---|---|
| 2006 | $28 Billion |
| 2007 | $33 Billion |
| 2008 | $31 Billion |
| 2009 | $22 Billion |
| 2010 | $23 Billion |
| 2011 | $6 Billion |
| 2012 | $3 Billion |
| 2013 | $3.3 Billion |
| 2014 | $4.1 Billion |
| 2015 | $3.5 Billion |
Legal Issues & Lawsuits
In 1982, Kamprad established a new ownership structure for his IKEA business. He transferred control of IKEA’s retail group, Ingka Group, to the Dutch-based Stichting INGKA Foundation. He then made the move to minimize tax liabilities and to keep the company out of the hands of potential buyers. However, despite his intention to create stability for IKEA’s future, it instead became the foundation of a major family dispute.
In 2011, Kamprad’s three sons challenged their father’s ongoing right to receive a share of IKEA’s profits. They specifically targeted royalties tied to the intellectual property rights he retained after the 1982 transfer to the INGKA Foundation. The sons then hired an American lawyer to contest the payments. They disputed whether Kamprad should continue to benefit personally from IKEA’s success or if the income should be redirected to the family or the foundation.
The conflict lasted until 2012, and although it never reached the courts, it caused significant strain among family members, especially between Kamprad and his eldest son. During that same year, Kamprad agreed to transfer between €2.3 billion ($2.7 billion) and €3.5 billion ($4.12 billion) to his sons as part of the settlement. In 2013, Kamprad formally retired from all of IKEA’s company boards, marking the end of his direct involvement in IKEA’s leadership.
IKEA Tax Planning
IKEA has long used an elaborate tax structure to reduce its global tax liabilities, reportedly saving the company an estimated €1 billion ($1.2 billion) between 2009 and 2014. IKEA employs a franchise model, whereby different companies own individual stores, but all follow IKEA’s guidelines and pay a fee to utilize the brand.
Each store gives 3% of its sales to Inter IKEA, the leading company that owns the IKEA brand. In return for this fee, stores get the right to use the IKEA name and logo, access to IKEA’s furniture designs and product ideas, and help with store operations. This system enables each store to operate independently, backed by the support and reputation of IKEA. This way, Inter IKEA remains in charge of the brand and generates revenue from all IKEA stores worldwide.
Over the years, hundreds of millions of euros in profits have been transferred from the Netherlands to IKEA-related companies in Luxembourg. It’s in this country that specific corporate organizations can pay an annual subscription tax as low as 0.06%. Dividends from the companies were then transferred to the Interogo Foundation in Liechtenstein. They were exempt from tax because Liechtenstein law states that dividends received by foundations from foreign-owned companies are tax-free.
Although legal on paper, it raised red flags in Brussels, the European Union’s headquarters. Therefore, in December 2017, the European Commission launched an investigation into the tax arrangements between the Netherlands and Inter IKEA. They looked into whether IKEA had avoided paying taxes through a special deal with the Dutch government. The investigation continues to this day and remains unresolved, although the European Union is expected to demand repayment of millions in back taxes.
Personal Tax Planning
Kamprad was known as the frugal billionaire, and he was as strategic with his tax as he was with his furniture empire. He carefully planned his finances to avoid Sweden’s famously high taxes. In 1973, he relocated to Switzerland to legally avoid Sweden’s high tax rates. He chose Switzerland because it had a lump-sum taxation system. The tax system was not based on income or wealth but rather on a negotiated amount or a minimal taxable base. Due to this system, Switzerland became a popular place for the ultra-wealthy to reside, with Kempard living there for almost 40 years.
In 2014, following his wife’s death, he finally returned to Sweden after it abolished the wealth tax. That same year, he declared an income of approximately €1.9 million ($2.2 million) and paid roughly €640,000 ($753,000) in Swedish taxes, which was his first Swedish tax payment in over four decades.
Real Estate
Switzerland Home
Kamprad’s personal real estate choices demonstrated his modesty, practicality, and strong connection to his Swedish roots. From 1976 to 2014, Kamprad lived in Épalinges, near Lausanne, Switzerland. His home was a single-story ranch-style villa with views over Lake Geneva.
Although it was in a prime location, the house itself was simple and understated. After returning to Sweden in 2014, the property was listed for sale for around $4.6 million but didn’t sell due to its outdated condition and was therefore marked for demolition.
French Vineyard
In 1992, Kamprad made his most significant real estate investment outside Sweden and Switzerland by purchasing the Domaine de la Navicelle vineyard in Pradet, Provence, France. Although there is no publicly available information about the exact price Kamprad paid for the vineyard in 1992, similar properties in the region are often valued in the low millions of euros, depending on their size, production capabilities, and facilities.
The estate spans approximately 21 hectares, and the wine produced was originally a private family product, not available for sale to the public. However, after Kamprad’s death, ownership passed to his three sons, and the vineyard now sells bottles of wine online, with prices ranging from €12 to €20 per bottle.
Swedish Farm
Upon his return to Sweden, Kamprad settled once again in Småland, the rural region where he was born and raised. He moved back to Elmtaryd, the family farm near Agunnaryd, which covers approximately 449 hectares (1,110 acres). The estate holds deep historical significance for the Kamprad family and was the original inspiration for IKEA’s name. There are no public records that specify the current value of the Elmtaryd estate.
However, Swedish agricultural land in Southern Sweden, where the land is more valuable than in other regions, typically sells for between €8,000 ($9,400) and €20,000 ($26,200) per hectare. That would suggest a rough land value of €3.6 million ($4.2 million) to €9 million ($10.6 million) before accounting for buildings, farm infrastructure, or heritage value. Kamprad’s real estate investments were straightforward and maintained his connection to his roots, reflecting his values as one of the world’s most influential entrepreneurs.
Philanthropy
Despite being frugal with his money, Kamprad did donate some of his wealth to charities he liked. The majority of Kamprad’s philanthropy was carried out through the Kamprad Family Foundation, which was established in 2011. Kamprad wanted to support projects that made a real difference in people’s lives. The foundation focused on education, scientific research, entrepreneurship, environmental sustainability, and social well-being.
The majority of its work is dedicated to projects that benefit the people and communities of Småland, Sweden, Kamprad’s home region. The foundation also supports national and international initiatives, helping to finance various projects. Some causes include care for older people in rural areas and funding sustainable farming initiatives. Since its launch, the foundation has received over €100 million ($117 million) in donations and currently manages assets of around SEK 6.5 billion (about $681 million). It has supported over 200 projects, with annual grants totaling up to SEK 135 million ($14.4 million).
Entrepreneurs
Denise Coates Net Worth
| Net Worth: | $7.7 Billion |
|---|---|
| Age: | 58 |
| Born: | September 26, 1967 |
| Gender: | Female |
| Height: | 1.67 m (5 ft 6 in) |
| Country of Origin: | United Kingdom |
| Source of Wealth: | Entrepreneur |
| Last Updated: | May 15, 2026 |
Introduction
Denis Coates is a British entrepreneur with an estimated net worth of $7.7 Billion.
With her father, Peter Coates, passing down his knowledge of gambling and working in his betting shops, Denise Coates purchased a gambling website from eBay. This site is now known as bet365, making her the wealthiest woman in the United Kingdom.
Quick Facts
- Holds a 50.3% stake in the British sports betting company bet365
- Received a total compensation of £2.65 billion from 2016 to 2025
- Peak annual compensation of £469 million in 2020
- The highest-paid CEO in the United Kingdom
- Acquired 100% of Stoke City F.C. for £1.7 million in 2006
- Invested more than £330 million in the club
Net Worth History
| Year | Net Worth |
|---|---|
| 2016 | $3.8 Billion |
| 2017 | $3.6 Billion |
| 2018 | $5 Billion |
| 2019 | $6.5 Billion |
| 2020 | $4.5 Billion |
| 2021 | $6.5 Billion |
| 2022 | $5.3 Billion |
| 2023 | $6.8 Billion |
| 2024 | $9.5 Billion |
| 2025 | $7.3 Billion |
| 2026 | $8 Billion |
Forbes first listed Denise Coates as a billionaire sometime in 2013 or 2014, thanks to the rapid growth of bet365. The company is the original source of almost all of Denise’s fortune, with her net worth being derived from her 50.3% stake and annual compensation. Now, in most cases, the CEO or co-CEO would earn substantial sums each year in salary and bonuses. However, assuming that they’re also the majority shareholder of the company, this compensation would often pale in comparison to the value of their shares.
What’s interesting about Coates is that she’s been the highest-paid CEO in the United Kingdom for over a decade. We’ll discuss her pay packet in more detail shortly, but for now, let’s focus on how her net worth has evolved over time. The point is that any increases in her fortune come from her salary, dividends, and the market value of her bet365 shares.
By 2017, Denise Coates’ net worth had reached an estimated $3.6 billion. According to Forbes, she then realized a drastic appreciation to $5 billion and $6.5 billion over the next two years. There was a brief setback to $4.5 billion in 2020, as expected, and since then, her wealth has been on an upward-trending rollercoaster.
Coates reached a peak net worth of $9.5 billion in 2024, and at the time of writing, she’s worth an estimated $7.7 Billion.
Before Wealth & Fame
While Coates was still at school, she assisted in her father’s betting business, working in the cashiers’ department of Provincial Racing. The family-owned bookmaking firm required an accountant, so she, as the eldest daughter, took over the bookkeeping. As Provincial Racing’s accountant, she acquired intimate knowledge of how the business operated, and in 1995, she became the managing director.
bet365
In 1999, Coates purchased the online betting domain name bet365.com from eBay for $25,000 and set about creating an online gambling portal. The company launched the online betting platform in 2001, borrowing $22.5 million (£15 million) from RBS against its betting shops as collateral. Four years later, in 2005, the shops were sold to Coral for a cool $69.2 million (£40 million), allowing Coates to repay the loan.
In 2015, bet365 moved its headquarters from Stoke, UK, to Gibraltar due to favorable regulations, including a low corporate tax rate. Establishing the online business in Gibraltar also benefited Coates from the UK-influenced regulatory environment and from Gibraltar’s status as a leading international blockchain and virtual assets hub.
bet365 Compensation
| Year | Salary | Dividends | Totals |
|---|---|---|---|
| 2016 | £92,000,000 | - | £92,000,000 |
| 2017 | £217,000,000 | - | £217,000,000 |
| 2018 | £220,000,000 | £45,000,000 | £265,000,000 |
| 2019 | £277,000,000 | £58,000,000 | £335,000,000 |
| 2020 | £421,000,000 | £48,000,000 | £469,000,000 |
| 2021 | £250,000,000 | £50,000,000 | £300,000,000 |
| 2022 | £213,000,000 | £50,000,000 | £263,000,000 |
| 2023 | £221,000,000 | £50,000,000 | £271,000,000 |
| 2024 | £94,700,000 | £63,000,000 | £158,000,000 |
| 2025 | £104,000,000 | £177,000,000 | £281,000,000 |
| Total | £2,109,700,000 | £541,000,000 | £2,651,000,000 |
The table above shows Denise Coates’ annual compensation at bet365 from 2016 to 2025. As you can see, she received £2.65 billion during the period, which equates to roughly $3.55 billion in USD. This is the largest amount of money that a CEO of a British company received during the same timeframe, and works out to an average of £265 million ($355 million) per year.
According to the data, £541 million of Coates’ compensation came from dividends, typically in the ballpark of £50 million per year, give or take £10 million, except in 2025, when she received £177 million.
As for her annual salary, for most of the years provided, she earned at least £200 million. The standout year was 2020, when she earned £421 million in salary, plus £48 million in dividends, bringing her total compensation to £469 million ($610 million).
Stoke City Football Club Acquisition
In 2006, Denise Coates and her family acquired 100% of the EPL soccer club, Stoke City F.C., for a reported £1.7 million through bet365. At the time of the acquisition, the club was roughly £9 million in debt, and that debt was growing. Since buying the team, the Coates family has invested at least £330 million into Stoke City. They’ve essentially lost money nearly every year since 2006, except for the 2024/25 calendar year just gone, in which they recorded profits of £60 million.
In the late 2010s, these losses were substantial, including an £88 million loss in the 2019/20 season. The reason this is important is that the club’s valuation, according to recent estimates, is only about £300 million, which is less than Coates and bet365 have invested. Instead, the family’s acquisition of Stoke City F.C. appears to have been more of a promotional play. The team plays at the bet365 Stadium and sports the bet365 logo on their kit, generating significant advertising for the business.
Entrepreneurs
Master P Net Worth
| Net Worth: | $200 Million |
|---|---|
| Age: | 56 |
| Born: | April 29, 1970 |
| Gender: | Male |
| Height: | 1.91 m (6 ft 3 in) |
| Country of Origin: | United States of America |
| Source of Wealth: | Entrepreneur |
| Last Updated: | May 15, 2026 |
Introduction
Master P is an American entrepreneur, record producer, actor, and philanthropist with an estimated net worth of $200 Million.
Quick Facts
- Earned an estimated $181.5 million between 1998 and 2001
- Ex-wife initially sought a $67 million divorce settlement
- Ordered to pay $27,000 per month in child support and alimony
- Estimates suggest he was previously worth as much as $350 million
Earnings History
| Year | Earnings |
|---|---|
| 1998 | $56,500,000 |
| 1999 | $57,000,000 |
| 2000 | $36,000,000 |
| 2001 | $32,000,000 |
| Total | $181,500,000 |
In 1998, Master P was the world’s highest-paid solo musician, earning an estimated $56.5 million. There were a couple of reasons as to why he earned such a substantial sum. Bear in mind that $56.5 million in 1998 would equate to approximately $114.5 million in today’s dollars.
Firstly, Master P released the majority of his music through his own label, No Limit Records, with several reports suggesting that he retained roughly 85% of the profits. Secondly, in late 1997, he released the most successful album of his career, Ghetto D. The album reached platinum certification in the United States, and multi-platinum by January of the following year.
According to our research, Master P also made the Forbes list in 1999, earning an estimated $57 million. He reappeared in 2000 and 2001, though his income had declined significantly, to $36 million and $32 million, respectively. This brought his total earnings over the four-year period to an estimated $181.5 million.
Divorce Settlement
Master P was married to Sonya Miller for roughly twenty-five years, from 1989 to 2014, and the couple had seven children together. In October 2013, Sonya filed for divorce, and reports suggest that she initially sought a $67 million settlement. While an odd number, she claimed she was entitled to 40% of Master P’s empire, thereby valuing it at approximately $167.5 million. She also requested substantial spousal and child support (as expected, given that they had seven children).
In response, Master P argued that Sonya’s valuation was inaccurate and exaggerated. By 2013, the company’s annual revenues had declined significantly, and his net worth was allegedly lower than it had been at the peak of his career. Most people believe that the musician was once worth as much as $350 million.
The divorce was finalized in 2014, and the lump settlement figure was kept confidential. However, Master P was ordered to pay a combined sum of $27,000 per month in child and spousal support.
Real Estate
In February 2003, Master P paid $4 million for an 8,907-square-foot, six-bedroom, eight-bathroom home in Los Angeles, California. The property sits at the end of a cul-de-sac and features a full-size tennis court and outdoor pool. He owned the property for roughly four years before selling it for $4.15 million in November 2007. All things considered, he would have incurred a loss on the investment.
Entrepreneurs
Steve Ballmer Net Worth
| Net Worth: | $120.1 Billion |
|---|---|
| Age: | 67 |
| Born: | March 24, 1956 |
| Gender: | Male |
| Height: | 1.96 m (6 ft 5 in) |
| Country of Origin: | United States of America |
| Source of Wealth: | Businessman |
| Last Updated: | February 15, 2024 |
Introduction
Steve Ballmer is an American investor, businessman, and philanthropist with an estimated net worth of $120.1 Billion.
Ballmer built his net worth during his thirty-four-year career at Microsoft, having joined the company when it was worth just a few million dollars. He served as the chief executive officer for fourteen years, earning an average of $1.2 million/year in compensation. His initial 8% stake in the company has since been reduced to less than 4%, with shares worth well over $3.2 billion sold during his tenure.
Since retiring, Ballmer has acquired the Los Angeles Clippers NBA team and begun focusing more heavily on philanthropic efforts with his wife, Connie Snyder. In this profile, we’ll discuss our research on Steve Ballmer’s net worth history, his career at Microsoft, his salary and earnings, and other factors that have shaped his wealth over time.
Quick Facts
- Previously held an 8% stake in Microsoft
- Earned $17.1 million in salary as CEO of the company
- Paid $2 billion to acquire the Los Angeles Lakers NBA team
Net Worth History
| Net Worth: | $120.1 Billion |
|---|---|
| Age: | 67 |
| Born: | March 24, 1956 |
| Gender: | Male |
| Height: | 1.96 m (6 ft 5 in) |
| Country of Origin: | United States of America |
| Source of Wealth: | Businessman |
| Last Updated: | February 15, 2024 |
Since nearly all of Steve Ballmer’s wealth was generated through his 8% stake in Microsoft, his net worth history can be tracked relatively easily. In 1986, Microsoft launched its IPO, which skyrocketed Microsoft’s valuation, giving it a market capitalization of $777 million. This gave Ballmer a net worth of roughly $62 million at the time.
By the end of 1990, the company’s market cap had grown to $4.8 billion, increasing the value of his stake to $384 million. In 2000, his stake had grown to an enormous $46.9 billion, but the dot-com bust wiped out over 60% of the company’s valuation in a matter of months. Ballmer often sold shares of Microsoft regularly. The most notable of which was in 2003, when he sold 39.3 million shares for $955 million. This reportedly reduced his ownership stake to 4%.
In 2009, Ballmer’s net worth was estimated at approximately $11 billion. A year later, he reportedly sold more than 83.1 million Microsoft shares across five transactions, totaling more than $2.2 billion. However, it appears he’s been quiet on the trading front since then, with his net worth continuing to increase as Microsoft’s market cap grows.
In 2015, he was worth approximately $21.5 billion; by 2019, he was worth $41.2 billion, and by 2022, $91.4 billion. As of 2025, Steve Ballmer is estimated to be worth approximately $120.1 Billion.
Microsoft
In 1980, Steve Ballmer became Microsoft’s 30th employee, taking on the role of business manager. Upon joining, he received an 8% stake in the company and an initial reported base salary of $50,000/year. He helped oversee the Windows and Office franchises during the late 1980s and 1990s and helped launch Windows 95.
When Bill Gates stepped down as CEO of Microsoft in 2000, Ballmer took his place and led the company until 2014. During this time, Microsoft had some of its most successful years, launching Windows XP, Windows 7, and, most notably, its Xbox gaming console. In 2000, Microsoft reported annual revenues of $25 billion; by the time Ballmer stepped down, this figure had tripled to $78 billion.
Acquisitions
As CEO, Ballmer also led some of the company’s most notorious acquisitions, both good and bad. In 2007, they acquired aQuantive for $6.3 billion to compete with Google in digital advertising. Just five years later, Microsoft effectively wrote off $6.2 billion and admitted its failure.
In 2011, Microsoft acquired Skype for $8.5 billion, perhaps one of the more successful acquisitions during Ballmer’s reign as CEO. In 2013, they also acquired Nokia for $7.2 billion, hoping to compete in the smartphone market, but it again had to be marked down as a multi-billion-dollar write-off.
Microsoft Salary
| Year | Base Salary | Bonus | Total |
|---|---|---|---|
| 2000 | $600,000 | $200,000 | $800,000 |
| 2001 | $656,000 | $374,500 | $1,030,000 |
| 2002 | $656,000 | $324,500 | $980,500 |
| 2003 | $700,000 | $400,000 | $1,100,000 |
| 2004 | $901,000 | $175,000 | $1,080,000 |
| 2005 | $605,000 | $620,000 | $1,230,000 |
| 2006 | $616,667 | $350,000 | $966,667 |
| 2007 | $620,000 | $700,000 | $1,320,000 |
| 2008 | $640,833 | $700,000 | $1,340,000 |
| 2009 | $665,833 | $700,000 | $1,370,000 |
| 2010 | $682,500 | $670,000 | $1,350,000 |
| 2011 | $682,500 | $682,500 | $1,370,000 |
| 2012 | $685,000 | $620,000 | $1,300,000 |
| 2013 | $700,000 | $550,000 | $1,260,000 |
| 2014 | $500,000 | $375,000 | $875,000 |
| Totals: | $9,950,000 | $7,140,000 | $17,090,000 |
Ballmer never had a particularly high salary during his time at Microsoft, at least compared to his overall net worth today. We already mentioned his starting salary of $50,000/year, but how about as CEO?
From 2000 to 2014, as Microsoft’s CEO, Steve Ballmer received an annual base salary ranging from $600,000 to $700,000. The only two outliers from this range were in 2004, when he received $901,000, and 2014, which wasn’t a full calendar year. Ballmer also earned an annual bonus, ranging from $175,000 in 2004 to $700,000 (in multiple years). His average annual bonus as CEO was roughly $510,000.
Overall, this meant he earned between $800,000 and $1.2 million annually for the first seven years. This was followed by earnings of between $1.26 million and $1.37 million annually from 2007 to 2013. He’s estimated to have earned $17.1 million in compensation as the CEO.
Los Angeles Clippers Acquisition
Upon leaving Microsoft in 2014, Ballmer acquired the NBA’s Los Angeles Clippers for $2 billion. Several bids were placed to purchase the team after Donald Sterling, the previous owner, was caught on tape making racist comments and was banned for life by the NBA. Ballmer’s bid was the highest, closing his acquisition of the team. At the time, the purchase was considered an incredibly high-risk move, with professional valuations of the Clippers coming in at under $1 billion.
However, in recent years, his investment has paid off significantly, with the team’s value more than doubling in the last five years. Recent estimates place the club’s value at $5.5 billion, generating $353 million in revenue over the past twelve months.
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