Hair Curling Bar and Hair Dryer Become the Richest Man in Britain

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 Hair Curling Bar and Hair Dryer Become the Richest Man in Britain


Dysons earnings this year reached 1.1 billion pounds, which means its founder, James Dyson, has increased his wealth by about $3 billion to $13.8 billion, making him the richest man in Britain.

James Dyson became Britains richest man, and his company Dyson made record profits in 2018.

Dyson earned 1.1 billion pounds ($1.4 billion) this year, up from 801 million pounds in 2017, the company said on Tuesday. The increase of profits is mainly driven by the demand for new products. According to the Bloomberg Billionaires Index, that means James Dysons wealth has increased by about $3 billion to $13.8 billion, making him the richest person in Britain.

Dayson is one of the largest technology companies in Britain. The companys business in Asia is growing. Currently, Asia accounts for 50% of Dysons total profit.

Last November, Alibaba said that some of its best-selling products during Shuang11 came from Dyson. In fact, thanks to the strong business in Asia, Dyson has announced the move of its headquarters from London to Singapore.

Dyson announced that with the companys rapid growth in Asia, it will move its headquarters from London to Singapore and increase investment, expand the Asian market and invest in new product development, especially electric vehicles.

Jim Rowan, President of Dyson, said: Last year, Dyson launched its largest investment project in the UK and also promoted technology investment around the world, especially in Singapore, to meet the strong demand for Dyson products in the Asian region.

He also said that global customers demand higher performance products, so it is necessary for companies to strengthen their operations and technology investment to meet customer needs.

Dyson announced last October that it will set up its first electric vehicle manufacturing plant in Singapore and plans to start construction of a two-storey production facility in December. The plant is expected to be completed in 2020 and the electric vehicle will be on the market in 2021. Ramad Krueger, a former executive at Nissan Infiniti and other automotive companies, will be based in Singapore in April to take charge of the upcoming electric vehicle project, the company revealed today. Dyson, founded in 1991 by James Dyson, a British industrial designer, is famous for producing household appliances such as vaneless fans and vacuum cleaners. Last year, the company announced that it would invest 200 million to set up a research and development center in Hullavington, UK, and a 16-kilometer electric vehicle testing ground to enter the electric vehicle market. (Wang Chao) Source of this article: Editor-in-Charge of Wall Street: Wang Fengzhi_NT2541

Dyson announced last October that it will set up its first electric vehicle manufacturing plant in Singapore and plans to start construction of a two-storey production facility in December. The plant is expected to be completed in 2020 and the electric vehicle will be on the market in 2021.

Ramad Krueger, a former executive at Nissan Infiniti and other automotive companies, will be based in Singapore in April to take charge of the upcoming electric vehicle project, the company revealed today.

Dyson, founded in 1991 by James Dyson, a British industrial designer, is famous for producing household appliances such as vaneless fans and vacuum cleaners. Last year, the company announced that it would invest 200 million to set up a research and development center in Hullavington, UK, and a 16-kilometer electric vehicle testing ground to enter the electric vehicle market. (Wang Chao)