What exactly is this "latest version of ESXi" you are referring to? On ESXi 5.5 and later, VMFS5 supports a maximum files size of 62TB
As per the VMware KB:
Support for virtual machine disks larger than 2 TB in VMware ESXi 5.5 (2058287) | VMware KB
Block size limitations of a VMFS datastore (1003565) | VMware KB
The limits that apply to VMFS-5 datastores are:
The maximum virtual disk (VMDK) size is 2 TB minus 512 B for ESXi 5.0 and 5.1. In ESXi 5.5, the size is increased to 62TB.
If you're on 5.5 or 6.0, then I suspect this is merely a cosmetic display bug in the C# Client. Among other newer features, the deprecated C# client limits you to creating VMDKs up to 2TB. You must use the Web Client to create and manage VMDKs larger than 2TB, so this might just be an indication that has remained from earlier Client versions.