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1. adastr+(OP)[view] [source] 2023-11-18 00:44:56
ikea is a non-profit?!?
replies(5): >>betaby+x >>unders+11 >>adw+91 >>herval+Pd >>u320+Ke
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2. betaby+x[view] [source] 2023-11-18 00:47:53
>>adastr+(OP)
Yes. https://www.fastcompany.com/3035734/ikea-is-a-nonprofit-and-...
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3. unders+11[view] [source] 2023-11-18 00:49:48
>>adastr+(OP)
IKEA is the world's largest nonprofit.

https://www.economist.com/business/2006/05/11/flat-pack-acco...

replies(1): >>erk__+NJ
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4. adw+91[view] [source] 2023-11-18 00:50:45
>>adastr+(OP)
Ikea has the wildest legal structure, but yes, a lot of IKEA is technically owned by a couple of "nonprofits" which happen to pay out a lot of money to the Kamprad family.
replies(1): >>ipqk+F6
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5. ipqk+F6[view] [source] [discussion] 2023-11-18 01:21:46
>>adw+91
The same way that Rolex is technically a non-profit. Complete bullshit legal wrangling.
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6. herval+Pd[view] [source] 2023-11-18 02:04:53
>>adastr+(OP)
So is Rolex!
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7. u320+Ke[view] [source] 2023-11-18 02:10:13
>>adastr+(OP)
It's a foundation in Luxembourg, with a Dutch subsidiary that owns some offices in Sweden.
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8. erk__+NJ[view] [source] [discussion] 2023-11-18 06:07:48
>>unders+11
I think the Novo Nordisk foundation is the largest now. It owns a majority of both Novo nordisk and Novozymes.

https://en.wikipedia.org/wiki/Novo_Nordisk_Foundation

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