Early Life
Kreuger was born in Kalmar, the eldest son of an industrialist in the match industry in Kalmar, Ernst August Kreuger (1852–1946) and his wife Jenny Emelie Kreuger (1856–1949) (nee Forssman). He had five siblings: Ingrid (born 1877), Helga (born 1878), Torsten (born 1884), Greta (born 1889) and Britta (born 1891). The Kreuger family owned several match factories in the Kalmar area. At school, Ivar skipped ahead two classes by taking private lessons, graduating at age 16. He continued his studies at the Royal Institute of Technology in Stockholm, where he graduated with a combined master's degrees covering both the faculties of mechanical and civil engineering, at the age of 20.
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“Our bad neighbor makes us early stirrers,
Which is both healthful and good husbandry.”
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—Bible: New Testament, Matthew 6:25.26.
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