UK’s Richest Man Reworks $17 Billion Family Office Empire (1)

James Dyson is reshaping how he manages Britain’s biggest fortune, streamlining his sprawling business empire across three continents following new leaders taking the reins of his family holding company.

Weybourne, the Dyson family’s investment firm, has transferred funds totaling at least £624 million ($834 million) from a major UK entity this year to its Singapore holding company, reducing the British unit’s share capital to £1, according to an analysis of registry filings by Bloomberg.

It’s also finalized earlier plans to close two UK firms overseeing property investments and has transferred part of their share capital to another entity in Singapore, ...