Google Co-founder sets up family office in Singapore to manage wealth

Google Co-founder and world's ninth richest person Sergey Brin has opened a family office in Singapore called Bayshore Global Management to help manage his wealth. The 47-year-old has a net worth of $86.5 billion, as per Bloomberg. Billionaires, such as vacuum cleaner maker James Dyson and hedge fund manager Ray Dalio, have also set up their family offices in Singapore.