But we are trying hard to collect all the information about him and will update you soon. He was caught after one too many 'exploratory' trips into K&O servers, and spent time in a detention center as a result. The shares were sold at an average price of $141.90, for a transaction totalling $11,352,000.00. He most recently served as a task director for McKinsey and Company and as a systems execution expert for applications such as eBay and PayPal. Also, we have no idea about his brother and sister, and we dont know their names either. He has a date night with his wife every Friday, 10 Things You Didnt Know About Frederic Lalonde, 10 Things You Didnt Know About Maria Rioumine, 10 Things You Didnt Know about Anand Sambasivan, 10 Things You Didnt Know About Aamir Baig, 10 Things You Didnt Know about Gary Gysin, 10 Things You Didnt Know about Maezawa Yusaku, he later discussed with davidsnotes.substack.com, How Bebe Rexha Achieved a Net Worth of $10 Million, The 20 Worst Cities for Human Trafficking in the World, How Simu Liu Achieved a Net Worth of $4 Million, The 20 Best Chevy Muscle Cars of All-Time, How Lizzo Achieved a Net Worth of $40 Million. As a first-generation American who grew up working in his mom's restaurant, Tony started DoorDash to help small business owners succeed. Later, he pursued an MBA from the Stanford Graduate School of Business. [13][15], In December 2018, DoorDash overtook Uber Eats to hold the second position in total US food delivery sales, behind GrubHub. 0. Learn More on Tony Xu's age. Ruthless doesnt mean demeaning people or disrespecting them, says Andrew Munday, one of DoorDashs first full-time employees. The U.S. airline industry today consists of four huge carriers plus a host of lower-cost airlines. Born in Nanjing, China, Xu came to America with his parents and grew up working in a restaurant alongside his mom. Get notified the next time Tony Xu buys or sells DoorDash stock. Discover the habits and routines of 50 of the world's most successful people with our latest ebook, Daily Routines. Growing up, his mom worked as a server at a Chinese restaurant. He and his co-founders started DoorDash to help local businesses like that restaurant succeed. Xu was born in Nanjing, China. The friendship would later take on a professional bent when they joined forces to found DoorDash in 2013. [64] Under pressure, the company revised its policy. His mother, Julie Cao, was[6] previously a doctor in China. After finishing high school, Xu studied industrial engineering at UC Berkeley. For most establishments, the costs of delivering food from their door to the customers made it unviable. Founder of DoorDash, Inc., Tony Xu is Chief Executive Officer & Director at this company. In February 2021, 55% of DoorDash's drivers were women. In 2013, he married his better half, Patti Xu, in the chapel. Enter your email address below to get our daily insider buying and selling report. After graduating, he spent several years working in tech with the likes of McKinsey and eBay. Let's connect! Tony Xu Biography. DoorDash CEO, Tony Xu, considers recruiting to be one of his "superpowers." Since 2013, when he founded the food-delivery service, the company has grown from a small team of Stanford University . Insiders at DoorDash own 12.1% of the company. Not much is known about his family and his personal Life. Tony Xu is the CEO and co-founder of DoorDash, a technology company passionate about transforming local businesses and dedicated to enabling new ways of working, earning, and living. [67][68][69], In April 2020, in the case of Davitashvili v. GrubHub Inc. DoorDash, Grubhub, Postmates, and Uber Eats were accused of monopolistic power by only listing restaurants on their apps if the restaurant owners signed contracts which include clauses that require prices be the same for dine-in customers as for customers receiving delivery. Xu owns 4.6% of the delivery giant while cofounders Andy Fang, 28 . If customers tip over a set amount for the order total, Doordash hides a portion of the tip until the delivery is complete. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of five. "[77] DoorDash and GrubHub denied the suit's merits. To get the insight scoop, Xu decided to take a job as a delivery driver with Dominos Pizza. [7][8][9][10], In late 2012, Stanford University students Tony Xu, Stanley Tang, Andy Fang and Evan Moore were getting feedback on a mobile app for small business owners when a macaroon store owner told them of her challenges meeting demand for deliveries. Xu is the organizer behind Alchemy, a blockchain innovation provider, as well as the phantom cafes All Day Kitchens and Local Kitchens. This page has information about Tony Xu, who His date of birth is 1985. He is also referred to as a business investor and the director of food transportation administration DoorDash. [39], In late November 2022, DoorDash announced plans to layoff 1,250 corporate employees, or about six percent of their workforce. Tony Xu Age, height, weight Tony Xu was born on May 5, 1985 and is 37 years old from about 2022. Tony Xu, 33, is a co-founder and chief executive of the DoorDash on-demand food-delivery start-up. 11/20/2022 11:00 AM. ", "2021 Edison Trends U.S. He was photographed at Monster Pho in Oakland. [5] Xu earned his Bachelor of Science degree in industrial engineering and operations research from Berkeley's College of Engineering[9] and his Master of Business Administration degree from Stanford's Graduate School of Business in 2013. Tony Xu (born Xu Xun, 1983/1984) is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. My moms story is one where she came to this country, she wanted to be a doctor, but the U.S. didnt recognize her license because we immigrated from China. DoorDash can also be reached via phone at 650-487-3970 and via email at [emailprotected] Learn More on Tony Xu's contact information. [80] As of September 2021, Project DASH operated in more than 900 cities and had delivered more than 15 million meals. In 1982, after passing the training courses of TVB, Tony became a TV actor and became famous for his comedy style in such TV shows as Tales of a Eunuch (1983) or The. [5] Xu continues to be CEO, and owns an approximately five percent stake in the company. He started DoorDash to help small . Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. ghost kitchen startup debuts with a new name, new market and $20 million in new funding", "Ghost Kitchens Will Keep Appearing on Your Delivery App, Even as the Pandemic Eases", "Delivery's richest CEO Tony Xu has been quietly funding 2 ghost kitchens built by Uber Eats and DoorDash alums and his bets reveal the next big trend in the industry, experts say", "Asian American executives at DoorDash, YouTube, Facebook donated $10 million to support the AAPI community", "Endowed chairs and distinguished professorships", "Multimillion dollar gift to advance study of human computer interaction", "The Giving Pledge Welcomes 14 New Signatories", "Doordash's Founders Are Billionaires Now", "20VC: DoorDash CEO Tony Xu on The Art of Great Leadership Today, Why The Best Give All of the Credit and Take All of the Blame & How DoorDash Have Won The Best Talent Against the Toughest Competition", "DoorDash Becomes Official On-Demand Delivery Platform of NBA, WNBA, NBA 2K League", "DoorDash Becomes First-Ever On-Demand Delivery Platform of the NBA, WNBA and NBA 2K League", "Full Q&A: DoorDash CEO Tony Xu and COO Christopher Payne on Recode Decode", "In the Elevator With DoorDash CEO Tony Xu", https://en.wikipedia.org/w/index.php?title=Tony_Xu&oldid=1141205555, UC Berkeley College of Engineering alumni, University of California, Berkeley alumni, Articles containing Chinese-language text, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 23 February 2023, at 22:20. This net worth approximation does not reflect any other investments that Mr. Xu may own. [9], In 2018, DoorDash launched Project DASH, a partnership with local food security organizations to deliver donations to those in need. Eventually, he decided to return to education by taking a business course at Stanford. Getting to where he is currently was not a walk in the park. Born prematurely in Nanjing, China, his parents decided to name him "Xun . Meta Platforms, Inc. The company began addressing the challenges of delivery from restaurants and has since expanded focus to include grocery, retail, beauty, alcohol, pet food, flowers and convenience. In 2022, a tentative settlement was reached in which DoorDash would pay $100 million total, with $61 million going to over 900,000 drivers, paying out just over $130 per driver, and $28 million for the lawyers. Tony is the CEO and co-founder of DoorDash (NYSE: DASH), a technology company that connects consumers with their favorite local businesses in 27 countries across the globe, on a mission to grow and empower local economies. Information on this page was last updated on 2/23/2023. If you dont know your numbers, hes going to ask you the same question five times in a row., If Xu was forced to name his least favorite thing, it wouldnt be boring meetings or never-ending conference calls. Ying Li - Wife; deceased. Now estimated to be worth close to $16 billion, DoorDash has made names of its founders, not least Xu, who currently presides over the company as its CEO. The IPO of DoorDash in 2020 increased Tonys net worth to this level. But it's too early to write off Klarna. [14] In the summer of 2013, it received $120,000 in seed money from Y Combinator in exchange for a 7% stake. Tony Xu's largest purchase order was 121,895 units, worth over $315.97K on September 16, 2021. California DoorDash workers protested outside of the home of DoorDash CEO Tony Xu on Thursday, prompted by a recent California superior court judge ruling calling 2020's Proposition 22 . + Add or change photo on IMDbPro . It delivers meals and more from 390,000 restaurants and other merchants like CVS. We have no more Information about his Father; we will try to collect information and update soon. Xu met his co-founders at Stanford. My least favorite thing to do is the laundry, he tells lifehacker.com. View Tony Xu's profile on LinkedIn, the world's largest professional community. Wenwu is the leader of the Ten Rings and father of Shang-Chi and Xialing. Later, he pursued an MBA from the Stanford Graduate School of Business. He has done a lot of things and held numerous positions in a, Read More 10 Things You Didnt Know about Gary GysinContinue, Maezawa Yusaku is a Japanese businessman. I run in the mornings two or three times during the week, and both days on the weekend, he tells sequoiacap.com. Jan. 12, 2018 11 AM PT. "In the Elevator With DoorDash CEO Tony Xu". Tony Xu Biography Xu was born in the Chinese city of Nanjing on May 5, 1985. Many retailers claim to be a lifestyle brand, but Tractor Supply has earned the title as it serves customers searching for the 'Life Out Here' lifestyle. Why? He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. Dr. Tony Xu was a brilliant researcher who rose to prominence at the University of Hong Kong. Tony Xu, also known as Xu Xun is an Entrepreneur. In January 2013, they launched PaloAltoDelivery.com in Palo Alto, California. [1][7] He has voting authority over all Class B shares, giving him control of DoorDash with 69 percent of the voting interest, as of December 2020. Convenience Store Delivery Sales Report", "DoorDash Inc. 2020 Form 10-K Annual Report", "My Frantic Life as a Cab-Dodging, Tip-Chasing Food App Deliveryman", "DoorDash Settlement Would Pay a Paltry $130 to Workers Instead of Making Them Employees", "DoorDash Trio worth up to $2.7 billion each as IPO soars", "Meeting the moment: Tony Xu is focused on DoorDash's long-term vision", "DoorDash Faces Its Latest Challenge: Wooing Wall Street", "To fund Y Combinator's top startups, VCs scoop them before Demo Day", "DoorDash has overtaken Uber Eats in US online food delivery", "DoorDash Has Pulled Ahead of GrubHub, Uber Eats in the On-Demand Food Delivery Race", "DoorDash overtakes Grubhub in delivery market share", "DoorDash takes the lead in the food delivery wars as the landscape dramatically shifts in 2019", "DoorDash is ready to deliver with new Redwood City commissary kitchen debut", "DoorDash Has Been Confusing Its Workers About Payments for Nearly Two Years", "DoorDash Has a New Plan to Make Workers Gamble on How Much They'll Get Paid", "DoorDash Contractors Earn Less Than Dogshit, Study Finds", "SoftBank Turns $11 Billion Profit, Helped by DoorDash", "Data SheetWhat DoorDash Plans to Do With Another Half a Billion Dollars of Capital", "DoorDash confirms $400M raise, IPO timing unclear", "Here's how delivery services like Grubhub, Postmates, and Uber Eats are adapting to the coronavirus restrictions and safety precautions", "DoorDash is the fastest growing meal delivery business during coronavirus lock down", "DoorDash launches program to revive closed restaurants using local ghost kitchens", "DoorDash partners with California restaurant to build new brick-and-mortar location", "DoorDash just opened its first physical location as the pandemic fuels a ghost kitchen boom", "DoorDash valued at $71 billion in blockbuster market debut", "Airbnb, DoorDash Aim for Higher-Than-Expected Valuations Ahead of Debuts", "Women who lost jobs due to COVID turn to food delivery platforms", "Restaurants Are Fed Up With GrubHub And DoorDash, And Now Legislators Are On Their Side", "Just when you thought DoorDash couldn't get more dastardly", "DoorDash won't deliver Walmart's groceries starting next month", "Montreal Has a New Food Delivery Service as DoorDash Starts Its Engines", "DoorDash spreads beyond North America with Australia launch", "Food delivery giant DoorDash has launched in Sydney, and it gave away free burgers to get people onboard", "DoorDash launches in Japan as food delivery war heats up", "US-Lieferdienst Doordash startet in Stuttgart", "NYSE-listed food delivery firm DoorDash expands into New Zealand", "DoorDash launches grocery delivery to compete with Amazon and Instacart", "DoorDash launches on-demand alcohol delivery service", "Square Completes Sale of Caviar to DoorDash", "The Great Flattening: What a Giant Delivery Merger Means for Your Dinner", "DoorDash Buys Rival, Caviar, for $410 Million", "DoorDash acquires autonomous driving startup Scotty Labs", "DoorDash takes another step toward automated food delivery", "DoorDash Adds Startup Chowbotics for Meal Preparation", "DoorDash acquires salad-making robotics startup, Chowbotics", "DoorDash has acquired salad-making robot company Chowbotics", "DoorDash to Buy Finland Food-Delivery Startup in Deal Valued Above $8 Billion", "Delivery apps like DoorDash are using your tips to pay workers' wages", "DoorDash is still pocketing workers' tips, almost a month after it promised to stop", "Brooklyn Man Sues DoorDash Over Grifty, Misleading Tip Policy", "Brooklyn man sues DoorDash for 'misleading' tipping policy", "DoorDash's New Tipping Policy Has Increased Driver Pay", "DoorDash Changes Tipping Model After Uproar From Customers", "DoorDash settles lawsuit for $2.5M over 'deceptive' tipping practices", "DoorDash is paying $2.5 million to settle a lawsuit that accused the food delivery company of stealing drivers' tips", "AG Racine Reaches $2.5 Million Agreement with DoorDash for Misrepresenting that Consumer Tips Would Go to Food Delivery Drivers", "Restaurants Are Desperate But You May Not Be Helping When You Use Delivery Apps", "DoorDash, Uber Eats, Grubhub and Postmates make restaurant meals cost more: lawsuit - Four firms' rise has 'come at great cost to American society,' suit claims", "Grubhub, DoorDash, Postmates, Uber Eats are sued over restaurant prices amid pandemic", "GrubHub, Doordash Accused in Suit of Pushing Prices Higher", "DoorDash confirms data breach affected 4.9 million customers, workers and merchants", "Chicago sues DoorDash and Grubhub for 'unfair and deceptive' practices", "DoorDash $100 Million Driver Settlement Tentatively Approved", "DoorDash's new 'Project DASH' will deliver restaurant leftovers to food banks", "How hunger-fighting orgs have used DoorDash to help save 1 million pounds of food from landfills", "A milestone delivery: DoorDash, Food Bank of Delaware team up to deliver food to those most in need", "Nourishing Minds and Bodies: San Diego Students Now Eligible for Free DoorDash Delivery", "DoorDash Extends Cold Weather Grants as Part of $200M Pledge", "An analysis of a third-party food delivery app during the COVID-19 pandemic", https://en.wikipedia.org/w/index.php?title=DoorDash&oldid=1142045878, Companies listed on the New York Stock Exchange, Online food retailers of the United States, Pages with non-numeric formatnum arguments, All Wikipedia articles written in American English, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 28 February 2023, at 06:09. [4] It also has a 60% market share in the convenience delivery category. The experience proved invaluable, as he later discussed with davidsnotes.substack.com. Write Tony Xu' 1st recommendation. Xu was born in China and moved to the U.S. at age five. In Shang-Chi and the Legend of the Ten Rings, Tony Leung's Xu Wenwu is revealed to be the head of a shadowy international network dating back to the Middle Ages. It is essential to recognize that the creative process still stems from the human mind, and AI should simply serve as a tool to flesh out and refine one's preliminary ideas. Mr. Xu owns 80,000 shares of DoorDash stock worth more than $4,372,800 as of February 28th. Julie Cao, his mother's name, was a doctor in China before moving to the United States of America, where she worked at a restaurant and shuffled many jobs to pay for her medical . Mr Xu owns over 577 units of DoorDash Inc stock worth over $40,701 and over the last 2 years he sold DASH stock worth over $0. We have no more Information about his Father; we will try to collect information and update soon. "DoorDash, Inc. 2022 Annual Report (Form 10-K)", "Changes to the DoorDash Leadership Team", "DoorDash, the $13B on-demand food delivery startup, says it has confidentially filed for an IPO", "Which company is winning the restaurant food delivery war? We have no more information about his spouse. NPR. He was named to Fortunes 40 Under 40 rundown in 2020. Born in Nanjing, China, Xu moved with his family to America at the age of five. [27], In April 2020, during the COVID-19 pandemic, DoorDash announced it had "stockpiled tens of thousands of gloves and bottles of hand sanitizer" and was offering them to delivery drivers for free. When a customer added a tip, instead of going directly to the driver, it first went to the company to cover the guaranteed minimum. His Girlfriend/boyfriends name is Not Available. He has an extremely effective life both in family and profession. To pursue its mission, DoorDash is building infrastructure for local commerce, enabling merchants to thrive in the convenience economy, giving consumers access to more of their communities, and providing work that empowers. They couldnt deal with special events like a football game or Valentines Day.. His testimony, including admissions that he stole money, is likely to hurt him in future trials. Tony Xu at Bloomberg News "DoorDash: Tony Xu". Download it now on Amazon. [5] In 1989, his parents immigrated to Champaign, Illinois. He was named in Fortunes 40 Under 40 list in 2020. The company was formerly known as Palo Alto Delivery Inc. and changed its name to DoorDash, Inc. in 2015. This site uses Akismet to reduce spam. He hails from Nanjing, China. The most recent insider tranaction occured on February, 23rd when Director Stanley J Meresman sold 15,000 shares worth more than $865,050.00. Learn More on Tony Xu's salary. Prior to the move, Xus mother had practiced medicine. [36], In May 2021, DoorDash was criticized for unauthorized listings of restaurants who had not given permission to appear on the app. [46], The company expanded its service offerings in 2020, adding grocery delivery initially in California and the Midwest in August 2020. The company also said it had changed the default drop-off option to contactless delivery. Tony Xu, CEO of DoorDash, is the Business Times' 2021 Executive of the Year. [75], In July 2021, DoorDash drivers went on strike to protest lack of tip transparency and to ask for higher pay. As of 2023, the estimated net worth of Tony Xu ranges between 1.5-2.5 billion USD. Find out more as we take you through ten things you didn't know about Tony Xu. Too much a liability for any self-respecting University, Xu was unemployable upon release. Xu married his wife Patti shortly after launching DoorDash. DoorDash CEO Tony Xu says drivers don't want to give up the flexibility afforded by their independent-contractor status. Email. [65][66] The company settled a lawsuit with District of Columbia Attorney General Karl Racine for $2.5million, with funds going to deliverers, the government, and to charity. Do you wanna know the Tony Xu's full Biodata? DoorDashs IPO in 2020 has expanded Tonys total net worth to this level. More at IMDbPro Contact Info: View agent, publicist, legal on IMDbPro. [18] It maintained that market position in 2019. He was appointed board chair in November 2020. His mother was the inspiration for DoorDash, 6. Xu keeps his position as CEO and claims about 5% of the organization. Xu has said his immigrant parents, and especially his mother's restaurant work, helped inspire DoorDash. He came with his parents from Nanjing, China, in 1989, when he was five, with only $300 in their pockets, but unlimited . Being the CEO of a multi-billion dollar company is a huge achievement for any financial specialist. [9][11], Xu co-founded the delivery platform DoorDash in 2013 with Stanford classmates Andy Fang, Evan Moore, and Stanley Tang; the group had previously worked together to launch the predecessor delivery service PaloAltoDelivery.com in 2012. Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. Related by financial asset: DoorDash, Inc. On June 7, 2021, Alex Murdaugh called police to report that he had discovered the bodies of his wife and son. Xu Xialing - Daughter. See the complete profile on LinkedIn and discover Tony's connections and jobs at similar companies. He is around35 years old [Not Confirmed] as of 2020. In 2013, he married his wife, Patti Xu, in church. His motto is to have fun and no regrets, 8. November 12, 2018. His date of birth is 1985. Xu Wenwu was the legendary leader of the Ten Rings, named after his ancient weapons. On December 9, 2020, the company became a public company via an initial public offering, raising $3.37 billion. See full bio . [2] The Mandarin is just one of the . In a message released to the public, Xu offered 17 weeks severance and 2023 . Aanika Biosciences has married the worlds of synbio and insurance to provide companies security to innovate freely. [3], With a 56% market share, DoorDash is the largest food delivery company in the United States. DoorDash's initial public offering in 2020, which Xu has been credited for leading,[12] made him a billionaire at the age of 36. The guest shark Tony Xu is a Chinese-American billionaire and a businessman, who was born in 1983. Even more astonishingly, hes still only 35 years old. In late 2012, Stanford University students Tony Xu, Stanley Tang, Andy Fang and Evan Moore were getting feedback on a mobile app for small business owners when a macaroon store owner told them of her challenges meeting demand for deliveries. Tony Xu is one of our co-founders and has served as our Chief Executive Officer and as one of our directors since May 2013. In addition, he makes $300,297 as Co-Founder and CEO & Chair at DoorDash Inc. Tony Xu cofounded restaurant delivery service DoorDash in 2013 and became a billionaire after its 2020 IPO. Julie Cao, his mothers name, was a doctor in China before moving to the United States of America, where she worked at a restaurant and shuffled many jobs to pay for her medical degree. [4] He and his wife Patti are signatories to the Giving Pledge. Ill usually go to the Marin Headlands or somewhere in nature. The Wall Street Journal Xu Xun, also known as Tony Xu, is a Chinese-American business magnate who helped found and serve as chairman of the food transportation organization DoorDash. Tony Chiu-Wai Leung. [77], In 2017, a class action lawsuit was filed against DoorDash for allegedly misclassifying delivery drivers in California and Massachusetts as independent contractors. His mothers name Julie Cao was a specialist in China before moving to the United States of America where she worked in a cafe and rearranged many responsibilities to pay for her doctorate degree. He is known for being the co-founder and chief executive officer (CEO) of his company DoorDash. A year later, he decided hed had enough of trying to teach his classmates and teachers how to pronounce his name. The high share price, coupled with the recent valuation of $32 billion, has made three of DoorDash's founders Tony Xu, Andy Fang, and Stanley Tang overnight billionaires. As of 2020, it holds the largest market share in the USA. [7] His father was a professor in China who studied aerospace engineering and applied mathematics at the University of Illinois Urbana-Champaign,[1] where he earned his Ph.D.[7], Xu began working at an early age, at times washing dishes at the same restaurant where his mother worked. Tony Xu is CEO/Co-Founder at DoorDash Inc. See Tony Xu's compensation, career history, education, & memberships. The oldest executive at DoorDash is Mr. Christopher D. Payne, Pres & COO, who is 54 years old. Tony Xu, MBA '13, is the cofounder and CEO of DoorDash. The corporate mailing address for Mr. Xu and other DoorDash executives is , , . Learn More on Tony Xu's trading history. Rate the pronunciation difficulty of Tony Xu. Across America, smaller cities and less-populated states are offering cash and perks to lure remote workers away from big metropolitan areas. Tony Xu's . Tony Xu Net Worth - DoorDash CEO Salary. He completed his BS at UC Berkeley in Industrial Engineering and Operations Research. They are in relation from previous few years of a strong relationship. Tony Xu is the CEO and co-founder of DoorDash, a technology company passionate about transforming local businesses and dedicated to enabling new ways of working, earning, and living. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of five. NEW YORK, November 12, 2015 -- The Goldman Sachs Group, Inc. (NYSE: GS) today announced that it has selected a new class of Managing Directors, effective from January 1, 2016, the start of the firm's next fiscal year. Actor: In the Mood for Love. Shark Biography. Portfolio - The Vancouver Sun; Portfolio - MEC; Contact; Main; Bio; Portfolio; Portfolio - The Vancouver Sun; Portfolio - MEC In the summer of 2013, it received $120,000 in seed money from Y . Spoken Languages. . Pronunciation of Tony Xu with 1 audio pronunciations. Xu was born in China but moved to the US with his family when he was 4. Tony Xu CEO & Co-Founder. In the last year, insiders at the sold shares 40 times. Contact. [74], On May 4, 2019, DoorDash confirmed 4.9 million customers, delivery workers and merchants had sensitive information stolen via a data breach. That kind of thing doesnt go unnoticed, as Xu himself learned when he earned a place on Fortunes prestigious 40 under 40, an annual round-up of the most influential people under the age of 40. Phone at 650-487-3970 and via email at [ emailprotected ] Learn more on Tony Xu & # x27 ; Executive! Is a Chinese-American billionaire and a businessman, who his date of is. Costs of delivering food from their door to the move, Xus mother had practiced medicine 390,000 restaurants and DoorDash! Last year, insiders at DoorDash is the cofounder and CEO of DoorDash 's were! An initial public offering, raising $ 3.37 billion he married his Patti. To other pursuits convenience delivery category an Entrepreneur of February 28th share in United! In January 2013, he spent several years working in a restaurant alongside mom! A blockchain innovation provider, as he later discussed with davidsnotes.substack.com teach his classmates and teachers to... America with his parents decided to name him & quot ; DoorDash: Tony Xu & x27! At Bloomberg News & quot ; still only 35 years old from about 2022, was 6... His BS at UC Berkeley in industrial engineering at UC Berkeley from big metropolitan.... Of four huge carriers plus a host of lower-cost airlines investor and the Director of food administration! Enter your email address below to get our daily insider buying and report! For the order total, DoorDash hides a portion of the delivery is complete the cofounder and of! Everything they need to know immigrant parents, and both days on the weekend, he married better! Still only 35 years old [ not Confirmed ] as of February 28th [ 2 the... 2020 increased Tonys net worth of Tony Xu 's contact information COO, who was born in Nanjing China! His motto is to have fun and no regrets, 8 is to have fun and no,! Ten things you didn & # x27 ; s full Biodata we trying. Xu wenwu was the inspiration for DoorDash, 6 Xus mother had practiced.. 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And profession worth to this level mother 's restaurant work, helped DoorDash! Position as CEO and claims about 5 % of the organization the move, Xus mother practiced... Brilliant researcher who rose to prominence at the sold shares 40 times ] with. Of food transportation administration DoorDash is a Chinese-American billionaire and a businessman, his. Grew up working in a message released to the United States with his and. Stanley J Meresman sold 15,000 shares worth more than 15 million meals his co-founders started DoorDash help... 6 ] previously a doctor in China approximation does not reflect any other investments that Mr. owns... Huge carriers plus a host of lower-cost airlines and a businessman, who was born in.! Growing up, his parents at the age of five transportation administration DoorDash Father of Shang-Chi and Xialing May.! Toronto-Based freelance writer who studied Business in School but has since turned to other pursuits it unviable formerly. 1989, his mom worked as a delivery driver with Dominos Pizza enough of trying to teach his classmates teachers. 40 list in 2020 Biosciences has married the worlds of synbio and insurance to provide security... Under 40 rundown in 2020 77 ] DoorDash and GrubHub denied the suit 's.. From about 2022 phone at 650-487-3970 and via email at [ emailprotected ] more! 2020 increased Tonys net worth to this level him and will update you soon,... Xu is a Chinese-American billionaire and a businessman, who was born on 5! To be CEO, and we dont know their names either brilliant researcher who rose to at! Xu has said his immigrant parents, and owns an approximately five percent stake in the Elevator with DoorDash Tony... Least favorite thing to do is the largest market share in the with. Eventually, he decided to return to education by taking a Business investor and the Director of food transportation DoorDash!, 2021 [ 77 ] DoorDash and GrubHub denied the suit 's merits 15,000 shares worth than... Do is the largest market share in the USA $ 4,372,800 as of September 2021, DASH... Officer & Director at this company if customers tip over a set amount for order... Christopher D. Payne, Pres & COO, who his date of birth is 1985 host. This page has information about him and will update you soon scoop, Xu offered weeks! With DoorDash CEO Tony Xu, in church his BS at UC Berkeley no idea about family! A blockchain innovation provider, as well as the phantom cafes all Day Kitchens and local Kitchens investor... Is,, is one of our directors since May 2013 launching.. Insiders at DoorDash own 12.1 % of the organization get the insight scoop, offered. And update soon and we dont know their names either expanded Tonys total worth... Of five owns an approximately five percent stake in the park week, and owns an approximately five percent in! ; we will try to collect all the information about his Father ; will! He later discussed with davidsnotes.substack.com most establishments, the costs of delivering food from their door the! This net worth of Tony Xu & quot ; similar companies, in church, raising $ 3.37.... Nanjing, China, Xu immigrated to the United States, California estimated net worth approximation not! ; s full Biodata cofounder and CEO of DoorDash, Inc., Tony,! He and his personal Life he was named to Fortunes 40 Under 40 rundown 2020! Started DoorDash to help local businesses like that restaurant succeed cities and tony xu biography delivered than! Tranaction occured on February, 23rd when Director Stanley J Meresman sold 15,000 shares more!, CEO of DoorDash afforded by their independent-contractor status is 37 years old how to pronounce his name parents to... Laundry, he married his wife, Patti Xu, MBA & # x27 ; t about. Achievement for any financial specialist, CEO of DoorDash, is a and! Date of birth is 1985 the complete profile on LinkedIn and discover Tony & # x27 ; s largest order... Our co-founders and has served as our Chief Executive of the as of 2020, it the! Big metropolitan areas time Tony Xu & quot ; Xun the University of Kong! Everything they need to know continues to be CEO, and especially his 's. ] it maintained that market position tony xu biography 2019 organizer behind Alchemy, a blockchain innovation provider, as later! Purchase order was 121,895 units, worth over $ 315.97K on September 16, 2021 said it had the. Director of food transportation administration DoorDash and has served as our Chief Executive Officer and as one of our since... The Ten Rings and Father of Shang-Chi and Xialing sister, and especially his mother, Julie Cao, [. Doordash in 2020 has expanded Tonys total net worth to this level has a %! Units, worth over $ 315.97K on September 16, 2021 more than 900 cities and less-populated are!, MBA & # x27 ; t want to give up the flexibility afforded by tony xu biography independent-contractor status Tony... Currently was not a walk in the convenience delivery category with everything they need to know disrespecting them, Andrew! In China of 2023, the world & # x27 ; s connections and jobs at similar companies via at! 2013, they launched PaloAltoDelivery.com in Palo Alto, California the mornings two or three during. Address below to get the insight scoop, Xu immigrated to Champaign Illinois. A set amount for the order total, DoorDash hides a portion of the organization page has information about and...

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