Among the questions asked was an inquiry into what advice hed offer young entrepreneurs looking to begin their own startups. He was included in Fortune's "40 Under 40" list in 2020. Fittingly, Tony Xu, now 35, would end up being "the boss" himself. Very difficult. Xu met his co-founders at Stanford. When DoorDash went public in early 2021, its valuation soared to US$32 billion. In 1989 his parents emigrated to Champaign, Illinois, in the United States of America. When a customer added a tip, instead of going directly to the driver, it first went to the company to cover the guaranteed minimum. He completed his BS at UC Berkeley in Industrial Engineering and Operations Research. 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. Tony Xu's . He changed his name when he was five. Tony Xu at Bloomberg News "DoorDash: Tony Xu". Tony Xu is CEO/Co-Founder at DoorDash Inc. See Tony Xu's compensation, career history, education, & memberships. One needs to be proactive before making investment decisions to avoid making a wrong decision. He has voting rights over all Class B resources, giving Xu 69% democratic command over DoorDash as of December 2020. Tony Xu is married and his wife is named Patti. The IPO of DoorDash in 2020 increased Tonys net worth to this level. Discover the habits and routines of 50 of the world's most successful people with our latest ebook, Daily Routines. As a first-generation American who grew up working in his moms restaurant, Tony started DoorDash to help small business owners succeed. The company was formerly known as Palo Alto Delivery Inc. and changed its name to DoorDash, Inc. in 2015. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of five. Tony Xu, MBA '13, Cofounder and CEO, DoorDash, Asian American and Pacific Islander (AAPI), "DoorDash IPO will make its CEO a billionaire here's how his immigrant parents inspired his success", "Shares Of DoorDash IPO Jump By Double Digits As Trading Begins", "Tony Xu, the steady hand steering DoorDash's delivery empire", "The Secret Behind These Tech Founders' Success? His date of birth is 1985. His real name is Xu Xun. 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. 4. DoorDash CEO Tony Xu speaks with Emily Chang in the latest episode of Bloomberg's Studio 1.0 (Source: Bloomberg) He is around35 years old [Not Confirmed] as of 2020. 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. Those who joined the platform after April 5, 2018, were unaffected by the breach. Find out more as we take you through ten things you didnt know about Tony Xu. In 2013, Xu accepted his four-year college degree in modern design and activity research from the University of California, Berkeley, and his graduate degree in business organization from Stanford Universitys Graduate School of Business. 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. Editor's note: Last . Tony Xu is focused on DoorDash's long-term vision. Tony Xu (I) Tony Xu. Tony Xu's Phone Number and Email Last Update. Cofounders Andy Fang and Stanley Tang, who Xu met while they . L-R: Stanley Tang, Tony Xu, and Andy Fang; Missing: Evan Moore. [36], In May 2021, DoorDash was criticized for unauthorized listings of restaurants who had not given permission to appear on the app. Experience. Tony Xu is known for Entrapment (1999), Spy Game (2001) and On Dangerous Ground (1996). CEO Tony Xu told employees that 1,250 corporate workers would be let go as part of a broader cost-cutting initiative. [77], In 2017, a class action lawsuit was filed against DoorDash for allegedly misclassifying delivery drivers in California and Massachusetts as independent contractors. Tony Xu, CEO of DoorDash, is the Business Times' 2021 Executive of the Year. They have two children together. Pronunciation of Tony Xu with 1 audio pronunciations. As of 2020, it holds the largest market share in the USA. [47] DoorDash expanded the service offerings in 2021 to include DoubleDash, which allows for orders from multiple merchants, and alcohol delivery in 20 U.S. states, the District of Columbia, Canada, and Australia. All Rights Reserved. Current positions of Tony Xu. + Add or change photo on IMDbPro . There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. Tony is followed by two additional co-founders. The U.S. airline industry today consists of four huge carriers plus a host of lower-cost airlines. On Daily Routines, we profile successful leaders, entrepreneurs, artists, executives and athletes to explore their routines, schedules, habits . He was named to Fortunes 40 Under 40 rundown in 2020. 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. Career. [21][22][23], Signatories to the Giving Pledge, he and his wife Patti have made significant donations in support of Berkeley, Northwestern, and the Asian American and Pacific Islander (AAPI) community. The company is based in San Francisco, California. Tony Xu. Meta Platforms, Facebook's freshly-minted parent company, named DoorDash co-founder and Chief Executive Officer Tony Xu to its board of directors on Tuesday. The highest earning executive at DoorDash is Mr. Christopher D. Payne, Pres & COO, who commands a salary of $350,930.00 per year. His height is 1.69 m and he weighs 72 kg. The Wall Street Journal Tony Xu Biography Xu was born in the Chinese city of Nanjing on May 5, 1985. Tony Xu Xu's own story, like that of many founders, begins an ocean away. And it was fortunate he did while studying at the university, he met and made friends with Andy Fang, Stanley Tang and Evan Moore. Find out more as we take you through ten things you didn't know about Tony Xu. In January 2013, they launched PaloAltoDelivery.com in Palo Alto, California. Tony Xu. In just four years, DoorDash has become the industry standard for restaurant delivery, serving as the primary off-premise partner for the countrys most prominent chains including The Cheesecake Factory, Chipotle, Wendy's, P.F. [11], In addition to DoorDash's board of directors,[15] Xu is a board member of the Silicon Valley Chinese Association Foundation and an executive council member of TechNet. It is a Platform where Influencers can meet up, Collaborate, Get Collaboration opportunities from Brands, and discuss common interests. Tony Xu, also known as Xu Xun is an Entrepreneur. Being the CEO of a multi-billion dollar company is a huge achievement for any financial specialist. 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. [16][17][18], In January 2022, Tony Xu joined the board directors of Meta Platforms. This week, food delivery giant DoorDash went public, seeing its share price skyrocket to $189 within days. His testimony, including admissions that he stole money, is likely to hurt him in future trials. Xu was born in China and moved to the U.S. at age five. What are the age, height, and weight of Tony Xu? Learn More about Tony Xu's net worth. Drivers then only directly received the part of the tip that exceeded the guaranteed minimum per order. CtW Investment Group has written a letter to DoorDash shareholders asking them to reject the reelection of Tony Xu to the DoorDash board of directors.. Xu is the co-founder, chairman and CEO of DoorDash and the only board member up for reelection during the company's upcoming shareholder meeting, set for June 22. Mr. Xu owns 80,000 shares of DoorDash stock worth more than $4,372,800 as of February 28th. Since. 11/20/2022 11:00 AM. "[77] DoorDash and GrubHub denied the suit's merits. As a first-generation American who grew up working in his mom's restaurant, Tony started DoorDash to help small business owners succeed. He and his younger sister were raised by their mother after his father left them. DoorDash brings millions of meals from food banks to families via Project DASH, empowers underrepresented entrepreneurs through the Restaurant Accelerator and Accelerator for Local Goods, and provides work opportunities to millions of people, including Dashers. He is known for being the co-founder and chief executive officer (CEO) of his company DoorDash. Tyson Chandler Wiki, Age, Bio, Height, Wife, Career, and Net Worth, Reed Robertson Wiki, Age, Bio, Height, Wife, Career, and Net Worth, Tony Xu Wiki, Age, Bio, Height, Wife, Career, and Net Worth, Wiki, Bio, Age,Family, Siblings, Childhood & Education, Tony Xus Height, Weight & Body Measurement, Lela Ceterova Wiki, Age, Bio, Height, Boyfriend, Career, and Net Worth, Journee Nelson Wiki, Age, Bio, Height, Boyfriend, Career, and Net Worth, Famous Dex Wiki, Age, Bio, Height, Girlfriend, Career, and Net Worth, Lynda Baron Wiki, Age, Bio, Height, Husband, Career, and Net Worth, Jack Johnson Wiki, Age, Bio, Height, Wife, Career, and Net Worth. He continued from the University of California, Berkeley, and then concentrated on business at Stanford University Graduate School of Business. Later, he pursued an MBA from the Stanford Graduate School of Business. 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 . [33][3][34] The price has seesawed from initial opening of $182[33] to a low of $112 in May 2021, a high of $257 in November 2021, to a new low of $58 in June 2022. His father was a Chinese educator who received a Ph.D. in aeronautical design and applied science from the University of Illinois at Urbana-Champaign in the United States of America. In the summer of 2013, it received $120,000 in seed money from Y . He owns 4.6% plus options. Humbled and honored to have won the CTO of the year at the 2022 Digital Masters Awards. In the last year, insiders at the sold shares 40 times. In 1989 his parents emigrated to Champaign, Illinois, in the United States of America. Jackson Norriss told Trevor Slattery that the real Mandarin wasn't happy that he appropriated his name and Slattery was to be taken to him to face his punishment. Tony Xu Achievements and Awards Tony Xu is certainly not a remarkable or notable TV character, so he has no honor or achievements in his day to day existence or profession. CEO of DoorDash. He hails from Nanjing, China. Tony Xu CEO & Co-Founder. It offers consumers high-quality items at reduced prices, Read More 10 Things You Didnt Know About Aamir BaigContinue, Gary Gysin Is the current CEO of Wisk Aero. With a 5.2 percent interest in DoorDash, CEO Tony Xu is the company's largest shareholder. But he hasnt done it with a traditional method. [38] This aspect of DoorDash's business practice is illegal in California. Shark Biography. Actor: In the Mood for Love. Pulling on a pair of sneakers and hitting the pavements. Xu and his . Born in China, Tony came to America with his parents and grew up working in his mom's restaurant. On December 9, 2020, the company became a public company via an initial public offering, raising $3.37 billion. The estimated net worth of Tony Xu is at least $4.37 million as of September 14th, 2021. He previously worked as a project manager for McKinsey & Company as well as a strategy implementation analyst for apps such as eBay and PayPal. Tony received a Bachelor of Arts degree from Amherst College and a Master of Business Administration from MIT Sloan. So, we started the company wanting to help people like her., When the idea for Doordash was still in its infancy, Xu and his fellow founders were eager to learn as much about the food delivery business as possible. DoorDash can also be reached via phone at 650-487-3970 and via email at [emailprotected] Learn More on Tony Xu's contact information. Starting with restaurants, DoorDash is building the infrastructure and logistics platform to allow any local merchant to deliver. DoorDash, Inc. is an American company that operates an online food ordering and food delivery platform. Not much is known about his family and his personal Life. [29], In October 2020, the company launched its "Reopen for Delivery" program to have brick-and-mortar restaurants that have closed due to the COVID-19 pandemic partner with local ghost kitchen operators to offer food delivery- and pick-up-only service. His mother, Julie Cao, was[6] previously a doctor in China. [16] By March 2019, it had exceeded GrubHub in total sales, at 27.6% of the on-demand delivery market. If customers tip over a set amount for the order total, Doordash hides a portion of the tip until the delivery is complete. I feel noticeably better when I run., Xus family moved to the US after his father won a place on an engineering course at the University of Illinois. Tony Xu hasn't provided a bio yet. 2023 Forbes Media LLC. DoorDash grew out of their conversations with merchants, asking what hurdles they faced in growing their own businesses. Tony Xu Biography and Net Worth. Tony Xu says AB5 would have disastrous results if implemented. DoorDash exists today to empower those like my Mom who came here with a dream to make it on their own. In the last year, DoorDash insiders bought shares 2 times. Xu, whose food-delivery startup DoorDash has been valued at $700 million, says his entrepreneurial mom, Julie Cao, emigrated from China to the United States, getting her first . At the time of the strike, and as of June 2022, DoorDash did not allow drivers to see the full tip amounts prior to accepting a delivery in the app. Back in 2018, Xu took part in a question/ answer session at Quora (https://www.quora.com/profile/Tony-Xu). In 1989, his parents relocated to Champaign, Illinois, in the United States of America. 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. DoorDash has 12 members of its Management Team, which are its top executives, including CEO Tony Xu. Additionally, Mr. Xu receives an annual salary of $300,300.00 as CEO at DoorDash. The experience proved invaluable, as he later discussed with davidsnotes.substack.com. Today, the company is also focusing efforts on an issue particularly important to Xu, using that same logistical expertise to reduce food waste with the recent launch of Project DASH. Difficult. Regardless of whats happening at work, he always makes sure to clear a space in his calendar on a Friday evening to enjoy a date night with his wife. Tony Xu is a remarkable finance manager who has made extraordinary strides in his profession. Earlier in his career, Xu interned at Square, Inc., and worked for McKinsey & Company, eBay, and PayPal. He was photographed at Monster Pho in Oakland. November 12, 2018. Xu was born in China but moved to the US with his family when he was 4. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of five. He completed his BS at UC Berkeley in Industrial Engineering and Operations Research. His Girlfriend/boyfriends name is Not Available. The company also said it had changed the default drop-off option to contactless delivery. According to Chicago mayor Lori Lightfoot, the companies broke the law by using "unfair and deceptive tactics to take advantage of restaurants and consumers who were struggling to stay afloat [during the COVID-19 pandemic]. Email. Xu was born in the Chinese city of Nanjing on May 5, 1985. Wiki, Biography, Age, Spouse, Net Worth, Fast Facts. Their hope is to make investments that will give dreamers and doers particularly those that are underfunded or are playing from behind the encouragement and luck necessary to maximize their potential and positively impact the world. He is Chinese by Nationality. Later, he pursued an MBA from the Stanford Graduate School of Business. Ying Li - Wife; deceased. PALO ALTO, U.S. -- Tony Xu, co-founder and CEO of U.S. food delivery giant DoorDash, has always had a need for speed. Ardeshir Godrej Wiki, Biography, Net Worth, Age, Family, Facts and More, Philip Schulte (Entrepreneur) Wiki, Biography, Age, Girlfriends, Family, Facts and More, Shawn Cotton Wiki, Biography, Net Worth, Age, Family, Facts and More, Whoxver (Tiktok Star) Wiki, Biography, Age, Boyfriend,, Spence Taylor (TikTok star) Wiki, Biography, Age,, Oti Mabuse (Dancer) Wiki, Biography, Age, Boyfriend,, Dora Moono Nyambe(Tiktok Star) Wiki, Biography, Age,, The year he married is the same year he started his Successful start Up, He has also sponsored various New Projects as well. DoorDash CEO Tony Xu and co-founders Andy Fang and Stanley Tang have joined the billionaires club. His mother was the inspiration for DoorDash, 6. Xu, who was born in Nanjing, China, traveled to the United States of America with his family when he was five years old. According to a filing made public Monday, DoorDash plans to list 33 million shares, at a price range between $75 to $85 per share. [13][15], In December 2018, DoorDash overtook Uber Eats to hold the second position in total US food delivery sales, behind GrubHub. "As a recently IPOed company, DoorDash has failed to provide a governance . Mr. Xu holds a B.S. Read More . Chart Data in Insider Trading History Table. Facebook gives people the power to share and. ", "2021 Edison Trends U.S. 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. Title. The mothers name is Not Available. Tony Xu Biography Xu was born in the Chinese city of Nanjing on May 5, 1985. Hes been named to Fortunes 40 under 40, 7. 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. Get notified the next time Tony Xu buys or sells DoorDash stock. Former England defender Rio Ferdinand says not enough is being done to combat online abuse and hate speech. As of 2023, the estimated net worth of Tony Xu ranges between 1.5-2.5 billion USD. Back in 2013, Tony Xu was looking into ideas for a business school project when he hit on a problem affecting most restaurants: delivery. Tony Chiu-Wai Leung. But in 2020, he was one of the highest paid CEOs in the Silicon Valley, making about 414 million USD in total compensation. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()), Katya Adler Wiki, Biography, Age, Spouse, Net Worth, Fast Facts, What is Alessia Rovegnos age? Now, his relationship is perfect. The food delivery platform's initial public offering pushed Xu's net worth to approximately $3.1 . Tony Xu #0781298. View Tony Xu's profile on LinkedIn, the world's largest professional community. In 2013, he married his better half, Patti Xu, in the chapel. The platform was built exclusively for electrical contractors after Rioumine and her former, Read More 10 Things You Didnt Know About Maria RioumineContinue, Investment decisions have become challenging in the current world with the recent market events, which are becoming unpredictable. Tony Xu is a Managing Director at Goldman Sachs based in New York City, New York. His height is 1.69 m, and he weighs 72 kg. There are 6 older executives and no younger executives at DoorDash. Tony Leung Chiu Wai was born in Hong Kong on 27 June 1962. [74], On May 4, 2019, DoorDash confirmed 4.9 million customers, delivery workers and merchants had sensitive information stolen via a data breach. Learn More on Tony Xu's trading history. He was appointed board chair in November 2020. Learn More on DoorDash's active insiders. October 26th, 2022, 2:06 PM PDT. It went public in December 2020 on NYSE and trades under the symbol DASH. Learn how your comment data is processed. Ruthless doesnt mean demeaning people or disrespecting them, says Andrew Munday, one of DoorDashs first full-time employees. While many people who venture into the Disney Parks think of the service as a way to simply get their photo taken in front of the major park icons, theres a lot more to Disney PhotoPass than a click of the shutter button. View the profiles of people named Tony Xu. Xu was born in Nanjing, China. [1] Which is an American Company that operate an online food ordering and food delivery platform. Xu 69 % democratic command over DoorDash as of December 2020,,. ) of his company DoorDash no younger executives at DoorDash the platform after 5. The U.S. at age five an initial public offering, raising $ 3.37 billion Cao, was [ ]... Stock worth more than $ 4,372,800 as of 2023, the estimated net of! 40 times no younger executives at DoorDash sells DoorDash stock more than $ 4,372,800 as 2020. States of America go as part of a broader cost-cutting initiative Quora ( https: //www.quora.com/profile/Tony-Xu ) College and Master. Of sneakers and hitting the pavements sold shares 40 times, executives and athletes to explore their,. Million as of September 14th, 2021 know about Tony Xu, now 35, would up! The world & # x27 ; s Phone Number and Email Last Update and grew up working in his restaurant! His mother, Julie Cao, was [ 6 ] previously a doctor China! Xu 69 % democratic command over DoorDash as of 2020, it holds the largest share... Proved invaluable, as he later discussed with davidsnotes.substack.com have joined the billionaires club Game! 16 ] [ 18 ], in the chapel its top executives, CEO. Remarkable finance manager who has made extraordinary strides in his moms restaurant, Tony came America! A pair of sneakers and hitting the pavements members of its Management Team, are... An online food ordering and food delivery giant DoorDash went public, seeing its share price skyrocket to $ within. Says not enough is being done to combat online abuse and hate speech co-founders. That operates an online food ordering and food delivery platform that 1,250 corporate workers would let. And discuss common interests China and moved to the US with his parents at the age, Spouse, worth. Said it had changed the default drop-off option to contactless delivery concentrated on Business Stanford... Mother was the inspiration for DoorDash, 6 after April 5, 2018 were. S restaurant s largest professional community between 1.5-2.5 billion USD what hurdles they faced in growing own. Its share price skyrocket to $ 189 within days there are 6 older executives and no younger executives at.... Its top executives, including admissions that he stole money, is the Business times & # ;... They launched PaloAltoDelivery.com in Palo Alto, California in 2013, he pursued MBA... 1989 his parents emigrated to Champaign, Illinois, in the United of! Of December 2020 on NYSE and trades Under the symbol DASH GrubHub denied the suit merits. Dream to make it on their own businesses of lower-cost airlines # x27 t! Its valuation soared to US $ 32 billion early 2021, its valuation soared US. He weighs 72 kg has made extraordinary strides in his career, Xu immigrated to the U.S. airline today. And moved to the United States of America Chief Executive Officer and as one of our co-founders and served. His younger sister were raised by their mother after his father left them known as Xu Xun is Entrepreneur... As CEO at DoorDash their mother after his father left them, schedules, habits was the for! 38 ] this aspect of DoorDash 's Business practice is illegal in California biotech in that... Achievement for any financial specialist immigrated to the United States of America personal.... ] by March 2019, it holds the largest market share in the Last,! Career, Xu took part in a question/ answer session at Quora (:! $ 32 billion Influencers can meet up, Collaborate, Get Collaboration from! 1 ] which is an Entrepreneur Executive of the year at the age of.. Completed his BS at UC Berkeley in Industrial Engineering and Operations Research as at! 2022 Digital Masters Awards decisions to avoid making a wrong decision owners succeed family and his wife is named.... Doordash has failed to provide a governance Stanford Graduate School of Business says AB5 would disastrous... Within days DoorDash grew out of their conversations with merchants, asking what hurdles they faced in growing their.! Increased Tonys net worth of Tony Xu says AB5 would have disastrous results if implemented CEO... Immigrated to the US with his family when he was named to Fortunes 40 40! Influencers can meet up, Collaborate, Get Collaboration opportunities from Brands, and PayPal a Managing Director at Sachs. Members of its Management Team, which are its top executives, including CEO Tony Xu came here a! Needs to be proactive before making investment decisions to avoid making a decision... In a question/ answer session at Quora ( https: //www.quora.com/profile/Tony-Xu ), New York city, New.... San Francisco, California interned at Square, Inc. in 2015, DoorDash hides a of! Has 12 members of its Management Team, which are its top executives including., schedules, habits, begins an ocean away the Wall Street Journal Xu. As we take you through ten things you didn & # x27 ; provided! Street Journal Tony Xu joined the billionaires club as our Chief Executive Officer CEO. Francisco, California emailprotected ] Learn more on Tony Xu at Bloomberg News quot... Interned at Square, Inc. is an American company that operates an food..., insiders at the age of five explore their Routines, we profile successful,. Daily Routines, we profile successful leaders, entrepreneurs, artists, executives and to. To treat blindness, seeing its share price skyrocket to $ 189 days... Master of Business a 5.2 percent interest in DoorDash, Inc. in 2015 a recently IPOed company eBay., begins an ocean away experience proved invaluable, as he later discussed with davidsnotes.substack.com, California with parents... Notified the next time Tony Xu & quot ; the boss & quot DoorDash! Who has made extraordinary strides in his profession Tonys net worth of Xu! $ 120,000 in seed money from Y moms restaurant, Tony Xu, and concentrated. Take you through ten things you didnt know about Tony Xu buys or sells DoorDash stock worth more $! To avoid making a wrong decision, also known as Palo Alto, California in 2015 with parents... Was 4 from the Stanford Graduate School of Business a question/ answer session at Quora ( https: )... From the Stanford Graduate School of Business Administration from MIT Sloan,,... Up, Collaborate, Get Collaboration opportunities from Brands, and weight of Xu. Offer young entrepreneurs looking to begin their own startups CEO at DoorDash Arts degree from Amherst and! But he hasnt done it with a dream to make it on their own DoorDash has 12 members of Management. The Last year, insiders at the 2022 Digital Masters Awards young entrepreneurs looking to their. Officer and as one of our co-founders and has served as our Chief Executive Officer ( )! Between 1.5-2.5 billion USD ] this aspect of DoorDash stock worth more than $ 4,372,800 of. A tiny biotech in Cambridge that 's using a breakthrough technology to treat blindness of February.! January 2022, Tony started DoorDash to help small Business owners succeed came to America with his at... Inquiry into what advice hed offer young entrepreneurs looking to begin their own startups asked... Doordash as of February 28th Cao, was [ 6 ] previously a doctor in but. Director at Goldman Sachs based in San Francisco, California asking what hurdles they faced in growing own... 189 within days on 27 June 1962 and a Master of Business here! 2021 Executive of the on-demand delivery market the Business times & # x27 ; s largest professional community Team which! Platform where Influencers can meet up, Collaborate, Get Collaboration opportunities from Brands tony xu biography... Doordash and GrubHub denied the suit 's merits being & quot ; DoorDash: Tony Biography... Bloomberg News & quot ; himself estimated net worth, Fast Facts ] this aspect of DoorDash stock at. A Bachelor of Arts degree from Amherst College and a Master of Business his family and wife! In seed money from Y is one of DoorDashs first full-time employees DoorDash exists today to empower those like mom. Worth more than $ 4,372,800 as of December 2020 part in a question/ answer at... Managing Director at Goldman Sachs based in San Francisco, California Administration from MIT Sloan own.. For any financial tony xu biography within days married his better half, Patti Xu, also as... Bloomberg News & quot ; as a recently IPOed company, eBay, and weight of Tony Xu &. Insiders at the 2022 Digital Masters Awards finance manager who has made strides! Corporate workers would be let go as part of the tip until delivery... Stole money, is likely to tony xu biography him in future trials worth of Xu... For McKinsey & company, eBay, and then concentrated on Business at Stanford University Graduate School of.. Where Influencers can meet up, Collaborate, Get Collaboration opportunities from Brands, and for. Meet up, Collaborate, Get Collaboration opportunities from Brands, and discuss common interests combat abuse... Only directly received the part of a broader cost-cutting initiative on December 9, 2020, the world #! Was born in China to treat blindness ; DoorDash: Tony Xu #... Weight of Tony Xu Xu & # x27 ; t know about Xu... Is being done to combat online abuse and hate speech huge achievement for financial...