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At 28, Singapore CEO Spends $38 Million in a Week on Posh Homes

Ian Ang
Ian AngSource: Singapore Press via AP Images

The 28-year-old co-founder of Secretlab, a Singapore-based maker of ergonomic chairs for gamers, shelled out S$51 million ($38 million) in just a week on two luxury properties in the city-state.

Ian Ang, who’s chief executive of the firm, exercised an option last week to purchase a S$36 million bungalow in the exclusive Caldecott Hill area from Dymon Asia Capital Pte. founding partner Danny Yong, according to the Straits Times newspaper. Both Ang and Yong declined to comment to the newspaper.