Wang was born in
Hangzhou, Zhejiang province. He showed an interest in flight and airborne devices from a young age, but received mediocre grades as a schoolchild. He attended the
Hong Kong University of Science & Technology (HKUST) for college, and drew the attention of math professor
Li Zexiang () following an impressive performance on a class project to build a helicopter flight control system. Li subsequently brought Wang into the school's graduate program. In 2005, Wang participated in
ABU Robocon and his HKUST team won third prize among teams competing from across Asia. HKUST granted him
HK$18,000 (US$2,300) to conduct research and develop a drone. Wang built the first prototypes of DJI's projects in his dorm room, selling the flight control components to universities and Chinese electric companies. He used the proceeds to move to the industrial hub of
Shenzhen and hired a small staff in 2006. The company struggled at first, with a high degree of
churn among employees that has been attributed to Wang's abrasive personality and perfectionist expectations of his employees. The company sold a modest amount of components during this period, relying as well on financial support from Wang's family friend, Lu Di, who provided US$90,000 and managed the company's finances. In 2013, DJI released the first model of the
Phantom drone, an entry-level drone which was significantly more user-friendly than any other drone on the market at the time. The Phantom was a worldwide commercial success, but this success led to conflict between Guinn and Wang. Midway through the year, Wang made an offer to buy Guinn out, which Guinn refused. By the end of the year, DJI had locked all employees of the North American subsidiary out of their email accounts and was well on its way to shutting down the subsidiary's operations. Guinn sued DJI, and the case was settled out of court. DJI became the largest consumer drone company in the world, driving many of its competitors out of the market over the following years. He was named the first "drone billionaire" by
Forbes. In 2020, Wang became a laureate of the
Asian Scientist 100 by the
Asian Scientist. == Early life and education ==