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British billionaire Dyson snaps up Singapore's priciest penthouse

Credit: Reuters Studio
Published 1 week ago - Duration: 01:07s

British billionaire Dyson snaps up Singapore's priciest penthouse

British billionaire and inventor of the bagless vacuum cleaner James Dyson has bought the most expensive apartment in Singapore, where his company plans to build an electric car.

Francis Maguire reports.

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British billionaire Dyson snaps up Singapore's priciest penthouse

British billionaire James Dyson has bought Singapore's most expensive apartment.

It gives him a base in the country where he plans to build electric cars.

The three-storey so-called 'super penthouse' was sold for $54.2 million, according to media reports.

'The Wallich Residence penthouse' sits on top of Singapore's tallest building - the Tanjong Pagar Centre.

The apartment has five bedroms. And Dyson can enjoy its private garden, a pool and a 600-bottle wine cellar.

The 72 year-old is best known for inventing the bagless vacuum cleaner.

He also supports Brexit - but announced plans in January to move his company's head office from Britain to Singapore.

The Dyson company said the move was to be closer to the fastest-growing markets.

And his firm now plans to build its first electric car in the city-state.

Records seen by Reuters show Dyson and his wife became tenants of the apartment on June 20th.

Dyson is one of the UK's best known entrepreneurs.

He built a multibillion-dollar firm from an insight that a cyclone could collect household dust better than a clogged-up bag.

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British billionaire and inventor of the bagless vacuum cleaner James Dyson has bought the most expensive apartment in Singapore, where his company plans to build...
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British billionaire James Dyson, inventor of the bagless vacuum cleaner, has bought Singapore's most expensive penthouse, official records show.
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