Lars Magnus Ericsson (Swedish pronunciation: [lɑːʂ ˈmǎŋːnɵs ˈêːrɪkˌsɔn] ; 5 May 1846 – 17 December 1926) was a Swedish inventor, entrepreneur and founder of telephone equipment manufacturer Ericsson (incorporated as Telefonaktiebolaget LM Ericsson). In the year 1900 Lars Magnus retired from Ericsson at the age of 54. He kept his shares in the company until 1905 and then sold them all. After his death in 1926, he was buried at in Botkyrka. At his explicit request, there is no headstone marking his grave.