Ikea’s founder, the late billionare Ingvar Kamprad, was incredibly frugal: He disciplines his employees for not using both sides of the paper. He was once turned away from Businessman Of The Year Award for arriving by bus, and assembled all his furniture himself.
IKEA is legally a “nonprofit” organization — a designation which dramatically reduces its tax burden — despite reported global sales of €26bn (≈$28B) annually.
The IKEA HQ in Delft, Netherlands had to stop offering their €1,- breakfast during the weekends because the highways couldn’t handle the traffic it attracted.
There is a cognitive bias called the IKEA effect, in which people “place a disproportionally high value on products they partially created.”