Wang Tao, founder of the world’s biggest maker of civilian recreational drones, has become the youngest Asian technology billionaire on Forbes magazine’s 100 Richest in Tech list, at the age of 36. Wang, whose wealth is estimated at USD3.2 billion, is ranked 76 on the list. A graduate of the Hong Kong University of Science & Technology (HKUST), Wang founded his drone company DJI in Shenzhen in 2006, building it into a business with an estimated 70% share of the world’s market for recreational drones.

The wealthiest tech billionaire in Asia is Jack Ma, Founder and Chairman of Alibaba Group Holding, the world’s largest online shopping platform. His wealth is estimated at USD37.4 billion. Pony Ma, Founder of Tencent Holding, operator of China’s largest social network, is second at USD36.7 billion. Robin Li, Founder of internet search engine Baidu, is valued at USD15.8 billion, while online retailer JD.com’s Liu Qiangdong’s wealth is estimated at USD10.1 billion. Half of the top 100 tech tycoons are Americans, including eight of the 10 richest.