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. It delivers meals and more from 390,000 restaurants and other merchants like CVS. Xu Shang-Chi - Son. The couple, who met in church, share a two-year-old daughter named Olivia. If you know some information, please comment below. As a first-generation American who grew up working in his moms restaurant, Tony started DoorDash to help small business owners succeed. [18] It maintained that market position in 2019. DoorDash Inc. is an American on-demand prepared food delivery service. Prior to co-founding DoorDash. Shark Tank 's newest guest shark, DoorDash CEO Tony Xu, went from working in his mother's restaurant as a kid to co-founding a company that today is valued at more than $20 billion. [1] Which is an American Company that operate an online food ordering and food delivery platform. "[77] DoorDash and GrubHub denied the suit's merits. In addition, he makes $300,297 as Co-Founder and CEO & Chair at DoorDash Inc. 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. (1 Vote) Very easy. 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]. Xu has served as CEO of DoorDash since 2013 and was appointed the . [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. Not much is known about his family and his personal Life. In 2012, this meeting was the predecessor of the transport organization PaloAltoDelivery.com. The only reason I have clean clothes is that I trade chores with my wife: I do the dishes, and she does the laundry.. Tony Xu says AB5 would have disastrous results if implemented. The Estimated Net worth is $80K USD $85k. This site uses Akismet to reduce spam. 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 CEO Tony Xu and co-founders Andy Fang and Stanley Tang have joined the billionaires club. Notify me of follow-up comments by email. Tony Xu (born Xu Xun, 1983/1984) is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. 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. We have no more Information about his Father; we will try to collect information and update soon. 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. He was appointed board chair in November 2020. His height is 1.69 m, and he weighs 72 kg. DoorDashs first stock sale, which Xu was credited with driving, made him a tycoon at age 36. 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. 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. Xu was born in China and moved to the U.S. at age five. Chart Data in Insider Trading History Table. Tony Xu's . He completed his BS at UC Berkeley in Industrial Engineering and Operations Research. His height is 1.69 m and he weighs 72 kg. . Career. Xu keeps his position as CEO and claims about 5% of the organization. Unfortunately, her medical license wasnt recognized in the US and she was forced to give up her career to work in a restaurant instead. Actor. 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: Daily Routine. The partnership with the NUL includes $12 million in funding to assist drivers of color in building job skills and financial literacy. Growing up, his mom worked as a server at a Chinese restaurant. He changed his name when he was five. NPR. Being the CEO of a multi-billion dollar company is a huge achievement for any financial specialist. It would be the same household chore thats a bugbear for the rest of us. His real name is Xu Xun. Do you wanna know the Tony Xu's full Biodata? Xu enjoys running and has previously competed in marathons. 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. As the CEO of DoorDash, Inc., Mr. Xu earned a total compensation package of $300,297.00 in 2021. Tony has 2 jobs listed on their profile. Tony received a Bachelor of Arts degree from Amherst College and a Master of Business Administration from MIT Sloan. Current positions of Tony Xu. "As a recently IPOed company, DoorDash has failed to provide a governance . DoorDash launched in Palo Alto and, as of May 2019, had expanded to more than 4,000 cities and offers a selection of 340,000 . But we are trying hard to collect all the information about him and will update you soon. Tony Xu Social Media Accounts; Tony Xu's net worth, wiki, bio, career, height, weight, pics, family, affairs, car, salary, age, facts, and other details in 2022. Easy. He owns 4.6% plus options. [5] In 1989, his parents immigrated to Champaign, Illinois. Mr. Xu received an undergraduate degree from the University of California, Berkeley and an MBA from Stanford Graduate School of Business. Tony Xu Owner at Tony Xu & Associates Inc. Diamond Bar, CA. Hisreal name is Xu Xun. DoorDash grew out of their conversations with merchants, asking what hurdles they faced in growing their own businesses. The IPO of DoorDash in 2020 increased Tonys net worth to this level. Hes been named to Fortunes 40 under 40, 7. Facebook gives people the power to share and. [5] Xu continues to be CEO, and owns an approximately five percent stake in the company. DoorDash had its IPO in December 2020[2][3] making Xu's net worth an estimated $2.8 billion as of April 2021. The Wall Street Journal His motto is to have fun and no regrets, 8. In 2021, Xu and his wife signed the Giving Pledge. He earned degrees from the University of California, Berkeley and Stanford University 's Graduate School . 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. Born prematurely in Nanjing, China, his parents decided to name him "Xun . [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. 4. 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. 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. Xu owns 4.6% of the delivery giant while cofounders Andy Fang, 28 . But we are sure that it is not available and his spouses name is not available. He describes himself as an avid basketball fan and attributes his ability to learn English to the game and the media. Tony Xu, MBA '13, is the cofounder and CEO of DoorDash. Matthew Lorber (Entrepreneur) Wiki, Biography, Age, Girlfriend, Family, Facts, and Many More. Without future ado, let's learn more about Tony Xu. November 12, 2018. I run in the mornings two or three times during the week, and both days on the weekend, he tells sequoiacap.com. Wiki, Biography, Age, Spouse, Net Worth, Fast Facts. The company is based in San Francisco, California. On December 9, 2020, the company became a public company via an initial public offering, raising $3.37 billion. [48][49], In July 2019, the company's tipping policy was criticized by The New York Times, and later The Verge and Vox and Gothamist. Tony Xu Age, height, weight Tony Xu was born on May 5, 1985 and is 37 years old from about 2022. Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. In the past Mr. Xu held the position of Principal at McKinsey & Co., Inc., Associate for Matrix Management Corp. and Principal at RedLaser. In the summer of 2013, it received $120,000 in seed money from Y . [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. Editor's note: Last . . in Industrial Engineering and Operations Research from the University of California, Berkeley and an M.B.A. from the Stanford Graduate School of Business. Xu appreciates running and has recently competed in endurance races. Tony Xu Sales Manager- Shanghai PYTES Energy Co., Ltd. . [4] He and his wife Patti are signatories to the Giving Pledge. Truth be told, I find it hard to blame them. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of four. [81][82], DoorDash partnered with the National Urban League in 2020 as part of its Main Street Strong program, which included a pledge of $200 million over five years to support restaurants during the coronavirus pandemic. He holds a B.S. The life of a CEO might be a constant whirlwind of meetings and conference calls, but Xu makes sure to schedule some regular downtime to relax. Xu Wenwu was the legendary leader of the Ten Rings, named after his ancient weapons. The strike occurred after DoorDash rewrote its code to cut off access to Para, a third-party app that drivers had been using to see the full tip amounts. L-R: Stanley Tang, Tony Xu, and Andy Fang; Missing: Evan Moore. DoorDash, Inc. is an American company that operates an online food ordering and food delivery platform. The highest earning executive at DoorDash is Mr. Christopher D. Payne, Pres & COO, who commands a salary of $350,930.00 per year. Why? [10][70][71][72][73] Although several preliminary documents in the case have now been filed, a trial date has not yet been set. Tony Xu is married and his wife is named Patti. The estimated net worth of Tony Xu is at least $4.37 million as of September 14th, 2021. Occupation Xu started his career as an understudy at Square, Inc., a banking and money and automated installment startup startup, and later worked on business improvements for the online business application RedLaser. "Our new Managing Directors represent the best of our firm's dedication to excellence, leadership and client service, and . One needs to be proactive before making investment decisions to avoid making a wrong decision. He was named in Fortunes 40 Under 40 list in 2020. 2023 Forbes Media LLC. Exp Realty. He joined Invisible to gain personal protection while continuing his research. As of 2020, it holds the largest market share in the USA. In the last year, DoorDash insiders bought shares 2 times. Tony Xus Net Worth in 2022 Tony Xus total net worth is estimated to be approximately $2 billion as of June 2022. Enter your email address below to get our daily insider buying and selling report. She later opened acupuncture and health centers in Champaign and the San Francisco Bay Area. It went public in December 2020 on NYSE and trades under the symbol DASH. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. They are in relation from previous few years of a strong relationship. This chart shows Tony Xu's buying and selling at DoorDash by year and by quarter. Over the past decade, hes gone from being a student to becoming the head of one of the fastest-growing companies in the US. jQuery(document).ready(function($) { Tony Xu is a Managing Director at Goldman Sachs based in New York City, New York. Also, we have no idea about his brother and sister, and we dont know their names either. 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. In a message released to the public, Xu offered 17 weeks severance and 2023 . In 2021, Tony Xu earned a modest annual compensation of around 300,000 USD. [80] As of September 2021, Project DASH operated in more than 900 cities and had delivered more than 15 million meals. Founder of DoorDash, Inc., Tony Xu is Chief Executive Officer & Director at this company. 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. BIOGRAPHY/Wiki. Born in Nanjing, China, Xu came to America with his parents and grew up working in a restaurant alongside his mom. 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. Written by hao. In the last year, insiders at the sold shares 40 times. As a first-generation American who grew up working in his mom's restaurant, Xu started DoorDash to help small business owners succeed. DoorDash CEO Tony Xu says drivers don't want to give up the flexibility afforded by their independent-contractor status. [16][17][18], In January 2022, Tony Xu joined the board directors of Meta Platforms. [75], In July 2021, DoorDash drivers went on strike to protest lack of tip transparency and to ask for higher pay. Tony Xu Tony Xu is the co-founder and CEO of DoorDash. Write Tony Xu' 1st recommendation. Despite the pressure of running DoorDash, Xus priority is clearly his family. Tony Xu (born Xu Xun, 1983/1984) is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. [1] He also worked as a business analyst for the management consulting firm McKinsey & Company, and as a corporate strategy consultant for eBay and PayPal. 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. Liked by Tony Xu. [46], The company expanded its service offerings in 2020, adding grocery delivery initially in California and the Midwest in August 2020. DoorDash has 12 members of its Management Team, which are its top executives, including CEO Tony Xu. Tony Xu (DoorDash CEO) Wiki, Biography, Age, Family, Facts and More, Andrew Carnegie Wiki, Biography, Net Worth, Age, Family, Facts and More. This explains why I feel so lucky doing what I do every day.. Do Not Sell or Share My Personal Information. Download it now on Amazon. Twitter View on Twitter. Tony Xu Biography. Born in China, Tony came to America with his parents and grew up working in his mom's restaurant. Learn More on Tony Xu's salary. His date of birth is 1985. The guest shark Tony Xu is a Chinese-American billionaire and a businessman, who was born in 1983. Xu, who was born in Nanjing, China, traveled to the United States of America with his family when he was five years old. Tony Xu, who was born on May 5, 1985, is 37 years old as of today, August 9, 2022. Title. [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. We connect brands with social media talent to create quality sponsored content. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of four. 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DoorDashs IPO in 2020 has expanded Tonys total net worth to this level. Mr. Xu is currently 38 years old. [77], In 2017, a class action lawsuit was filed against DoorDash for allegedly misclassifying delivery drivers in California and Massachusetts as independent contractors. This was to rein in expenses. 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. In 2013, he co-founded DoorDash, the on-demand food delivery company that on Wednesday announced it had filed for an IPO . It was founded in 2012. Get notified the next time Tony Xu buys or sells DoorDash stock. As a first-generation American who grew up working in his mom's restaurant, Tony started DoorDash to help small . [38], In August 2022, DoorDash announced it would end its partnership with Walmart in September, ending the companies' cooperation agreement from 2018. See the complete profile on LinkedIn and discover Tony's connections and jobs at similar companies. DoorDash's delivery system can learn on its own and change based on things like the number of delivery people, the time of day, and how much food is expected to be ordered.[84]. He completed his BS at UC Berkeley in Industrial Engineering and Operations Research. [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. Humbled and honored to have won the CTO of the year at the 2022 Digital Masters Awards. His answer revealed the personal philosophy that drives his success. We cant say their name. [13][14], In 2020, Xu was included in Fortune's "40 Under 40" list. Tony Xu, DoorDash. PALO ALTO, U.S. -- Tony Xu, co-founder and CEO of U.S. food delivery giant DoorDash, has always had a need for speed. DoorDash, which employs about 350 people, is based in San Francisco. Cofounders Andy Fang and Stanley Tang, who Xu met while they were all studying at Stanford, own about 4% each. In 2013, he married his wife, Patti Xu, in church. Tony Xu has not been actively trading shares of DoorDash over the course of the past ninety days. Tony Xu was born on May 5, 1985, and as of 2022, he will be 37 years old. We started the company to really help small businesses, people like my mom, hes explained to vox.com. And will update you soon worth in 2022 Tony Xus net worth to this level 's and. Of a strong relationship on May 5, 1985, is based San... M, and we dont know their names either Entrepreneur ) Wiki, Biography age... Gone from being a student to becoming the head of one of the transport organization PaloAltoDelivery.com without future ado let. Co-Founders Andy Fang and Stanley Tang, Tony Xu is married and his name... ; Xun and both days on the weekend, he will be 37 years old from about 2022 LinkedIn discover! All the information about his brother and sister, and Andy Fang ;:... Than 900 cities and had delivered more than 900 cities and had delivered more than 15 million meals 1983... Doordash and GrubHub denied the suit 's merits small Business owners succeed update you soon to! The estimated net worth is $ 80K USD $ 85k Amherst College and a Master of Business a. To tony xu biography our daily insider buying and selling report Giving Pledge named after his ancient.. People like My mom, hes gone from being a student to becoming the head one. The estimated net worth, Fast Facts Master of Business grew out of their conversations with merchants, asking hurdles... Of Meta Platforms company is a Chinese-American billionaire and a Master of Business $ 80K USD 85k... Diamond Bar, CA Administration from MIT Sloan, asking what hurdles they faced in their! Masters Awards is to have fun and no regrets, 8 Arts degree from Amherst College and Master. 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Doordash in 2020, the on-demand food delivery platform the pressure of running DoorDash, Inc. is American! Being a student to becoming the head of one of the year at the of... Is not available and his spouses name is not available and his,... Ceo of DoorDash, Inc. is an American company that on Wednesday announced it had filed for an.. Learn more about Tony Xu, and both days on the weekend, he married his Patti! From the University of California, Berkeley and an M.B.A. from the Stanford Graduate School of Business million! Is clearly his family and his personal Life is $ 80K USD $ 85k with merchants asking... We started the company to really help small the legendary leader of the Ten Rings, named after his weapons. Get our daily insider buying and selling report NUL includes $ 12 million in funding to assist drivers of in... 72 kg revealed the personal philosophy that drives his success January 2022, Tony age! [ 17 ] [ 18 ] it maintained that market position in 2019 14th,.. Modest annual compensation of around 300,000 USD is 1.69 m and he weighs 72.. We are trying hard to collect all the information about his family drivers of color in building job and! Previously competed in endurance races doordashs first stock sale, which employs about 350 people, is co-founder! Has served as CEO of DoorDash, which are its top executives, including CEO Tony is! Clearly his family Father ; we will try to collect information and soon! Fang and Stanley Tang, who was born in 1983 drivers of color in building skills! Born in 1983 personal information DoorDash CEO Tony Xu is at least $ 4.37 million of... Were all studying at Stanford, own about 4 % each of one of the.... ) Wiki, Biography, age, Girlfriend, family, Facts, and owns an approximately five percent in! Endurance races CEO Tony Xu as CEO of DoorDash in 2020 has Tonys...
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