Frank Wang, also known locally in China as Wang Tao, is Asia’s youngest tech billionaire. According to Forbes he is worth $5.4 Billion. He gained this wealth by becoming the largest producer and seller of consumer drones through his company DJI Technology. He originally founded the company in 2006 out of his dorm room after pursuing an interest in flying he had fostered since he was a child. From his youth he had been fascinated by flying and he would read all he could about model airplanes. He was turned more toward the machine aspect of handheld flying when he received a remote controlled helicopter at age 16. When he promptly crashed the helicopter and was forced to wait an absurdly long time for replacement parts he started to think about revolutionizing the user experience in human controlled smaller scale flight. Today his company is best known for its drones that primarily focus on photography and videography. Their latest released drone, the Mavic 2 Enterprise, which is marketed as a way to get closer to potentially dangerous situations without physically getting closer:
The success in creating stunning visual images has naturally led to the addition of high performance drone goggles that immerse the user into what their drone is capturing and, even more recently has led to the creation of powerful handheld and professional quality cameras. These cameras take the high quality drone imaging technology that has become DJI’s forte and take it even closer to the user. Wang was able to fully capture an emerging market by creating the highest quality drones and selling them to consumers to use as the newest innovation in the recreation and commercial spheres.
Drones have become very popular nowadays while technology has allowed for this innovative product. I personally know many people that either have a drone or would like to purchase a drone for either photography and videography. This market is growing and most likely continue to grow in the coming years.
I think the drone has been such an impactful technology development for so many people in the world and I for one have really appreciated just alone the pictures and videos that can be taken from this tiny machine.
The drone is honestly the new and improved selfie stick. I’ve seen a ton of people who just want a group photo with everyone so they have the drone take it. It’s great for capturing pictures and videos from places we could never reach. It gives you a new perspective of where you’re standing. They’re pretty expensive compared to a selfie stick, but very convenient.