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DJI founder Frank Wang Tao became Asia’s youngest tech billionaire

Frank Wang Tao became Asia's youngest technology billionaire on Forbes 100 Richest in Tech list at age 36. The rise in shares of technology companies has boosted the wealth of world technology billionaires in which the top 100 combined accounted for 21 percent to surpass US$1 trillion for the first time.

Tinuku DJI founder Frank Wang Tao became Asia’s youngest tech billionaire

The founder of the DJI drone, Frank Wang Tao, is estimated to have a wealth of US$3.2 billion or ranked 76th in the world list. The man graduated Hong Kong University of Science & Technology founded the DJI drone company in Shenzhen in 2006.

DJI has become a gigantic business that dominates 70 percent of international market share for unmanned aircraft. Forbes said the rise in technology shares further strengthens the wealth of world technology leaders.

Jack Ma Yun, founder of Alibaba Group Holding, became the richest in Asia with a fortune of US$37.4 billion. Pony Ma Huateng, founder of Tencent Holdings, was second with US$36.7 billion. Robin Li Yanhong, founder of Internet search engine Baidu, has US$15.8 billion, while Richard Liu Qiangdong, founder of JD.com, is estimated at US$10.1 billion.

Alibaba and Tencent stocks continue to rise in the past year and increase the wealth of its founders. Jack Ma's wealth is expected to increase by US$11.6 billion in 2017 and Pony Ma increased by US$14.7 billion.

About 50 of the 100 major tech conglomerates are Americans, including 8 of the 10 richest people in the world. Bill Gates, one of Microsoft's founders, remains the richest technology billionaire with a wealth of US$84.5 billion and above Jeff Bezos, founder of Amazon.com, which has US$81.7 billion.

The third richest man in the world is Mark Zuckerberg, founder of Facebook, with a fortune of US$69.6 billion. Zuckerberg is currently 33 years old where in 2016 increased the wealth of US$16 billion.

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