#824
Frank Wang
Overview
- Source of Wealth
- Drones
- Industry
- Technology
- Residence
- Shenzhen
- Education
- Hong Kong University of Science and Technology (Bachelor of Arts/Science)Hong Kong University of Science and Technology (Master of Science)
- Marital Status
- Married
Biography
The world's first drone billionaire, Frank Wang is the founder and chairman of DJI, China's biggest seller of civil drones with over two-thirds market share.
Wang founded DJI in 2006 and ran it out of his dorm room at Hong Kong University of Science & Technology.
DJI is best known for its Phantom Drones, which retail for around $1,000.
DJI made a list of "Chinese military companies operating in the United States" published by the U.S. Department of Defense in 2022.
About
The son of a teacher turned small-business owner, Wang spent most of his childhood reading about model airplanes.
When he was 16, Wang got a remote-controlled helicopter after getting high marks on an exam. He promptly crashed it and had to wait months for replacement parts.