IKEA: the world’s biggest charity

The Economist recently ran a story on how the world’s biggest charity runs IKEA:

What emerges is an outfit that ingeniously exploits the quirks of different jurisdictions to create a charity, dedicated to a somewhat banal cause, that is not only the world’s richest foundation, but is at the moment also one of its least generous.


The Economist recently ran a story on how the world’s biggest charity runs IKEA:

What emerges is an outfit that ingeniously exploits the quirks of different jurisdictions to create a charity, dedicated to a somewhat banal cause, that is not only the world’s richest foundation, but is at the moment also one of its least generous.