Ikea founder leaves fortune to no one, structures it to ensure it lasts forever
One have to remember why this was setup in the way it is, to protect the company forever.<p>In Sweden during the 70-ties 80-ties the Social democrats was pushing a radical socialist agenda (&#x27;löntagarfonder&#x27;) to take over companies by taxing profits and then buying shares with it, all controlled by trade unions.<p>Result of these policies was that many companies left Sweden to protect itself (of course). IKEA, Tetra Pak and H&amp;M to mention a few.<p>These socialist policies was one of many breaches of the so called Swedish model that the Social democrats did during the 70-ties 80-ties. This was beginning of the end of the Social democratic era and they started to lose elections one after the other.<p>These funds was later abolished by the next right wing government.<p><a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Employee_funds" rel="nofollow">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Employee_funds</a>