We have no information about his girlfriend/boyfriend. Born in Nanjing, China, Xu came to America with his parents and grew up working . The IPO of DoorDash in 2020 increased Tonys net worth to this level. "Full Q&A: DoorDash CEO Tony Xu and COO Christopher Payne on Recode Decode". When DoorDash went public in early 2021, its valuation soared to US$32 billion. He has an extremely effective life both in family and profession. [62][63] The case was referred to arbitration in August 2020. 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. My motto when making any decisionin work or lifeis to have the most fun and least regrets, he shared. Tony Xu, CEO of DoorDash, is the Business Times' 2021 Executive of the Year. Xu, who was born in Nanjing, China, traveled to the United States of America with his family when he was five years old. 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. Dr. Tony Xu was a brilliant researcher who rose to prominence at the University of Hong Kong. Recode. 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. Xu was born in China but moved to the US with his family when he was 4. 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. Stern, Joanna (December 13, 2019). Later, he pursued an MBA from the Stanford Graduate School of Business. Xu enjoys running and has previously competed in marathons. [5] Xu continues to be CEO, and owns an approximately five percent stake in the company. His father was a Chinese teacher who earned a Ph.D. in aeronautical engineering and applied mathematics from the University of Illinois at Urbana-Champaign in the United States of America. 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. 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. After graduating, he spent several years working in tech with the likes of McKinsey and eBay. Tony Xu Owner at Tony Xu & Associates Inc. Diamond Bar, CA. Twitter View on Twitter. Xu appreciates running and has recently competed in endurance races. 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. She later opened acupuncture and health centers in Champaign and the San Francisco Bay Area. The Estimated Net worth is $80K USD $85k. Tony Xu cofounded restaurant delivery service DoorDash in 2013 and became a billionaire after its 2020 IPO. It was really hard for a small business to know how many drivers they need. It incorporated as DoorDash in June 2013. 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. Before Starting DoorDash, Tony has worked in a few prominent companies like Product at Squareand McKinsey and Company. He was interviewed by Joy Huang, MBA '21, on February 9, 2021 as part of the View From The Top speake. [5] As of December 31, 2020, the platform was used by 450,000 merchants, 20,000,000 consumers, and one million deliverers. CEO of DoorDash. DoorDash CEO Tony Xu speaks with Emily Chang in the latest episode of Bloomberg's Studio 1.0 (Source: Bloomberg) DoorDashs first stock sale, which Xu was credited with driving, made him a tycoon at age 36. 11/20/2022 11:00 AM. Xu is the CEO. Tony Xu's largest sale order was 80,000 units, worth over . Growing up, his mom worked as a server at a Chinese restaurant. 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. [36], In May 2021, DoorDash was criticized for unauthorized listings of restaurants who had not given permission to appear on the app. In 2013, he co-founded DoorDash, the on-demand food delivery company that on Wednesday announced it had filed for an IPO . November 12, 2018. His mother, Julie Cao, was[6] previously a doctor in China. 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. His family moved to USA in 1980s and his mother also started a Chinese Restaurant. Do Not Sell or Share My Personal Information. This site uses Akismet to reduce spam. Tony Xu is a remarkable finance manager who has made extraordinary strides in his profession. This week, food delivery giant DoorDash went public, seeing its share price skyrocket to $189 within days. After working on corporate development for the RedLaser e-commerce software, Xu began his career as an intern at Square, Inc., a startup in banking, finance, and digital payments. His date of birth is 1985. This chart shows Tony Xu's buying and selling at DoorDash by year and by quarter. It helps me regulate my mind and body, which I think is why the habit stuck. He holds a B.S. Xu has said his immigrant parents, and especially his mother's restaurant work, helped inspire DoorDash. Mr. Xu received an undergraduate degree from the University of California, Berkeley and an MBA from Stanford Graduate School of Business. Initially, he and other DoorDash employees were transporting food. Tony Xu Biography. Tony Xu's Height, Weight & Body Measurement. [28] That month, DoorDash became the fastest growing food delivery service. Career. Mark Zuckerberg, founder and CEO of Meta, said, "Tony has built a great service for millions of people to get food and more from hundreds of thousands of restaurants and . In 2012, this meeting was the predecessor of the transport organization PaloAltoDelivery.com. Fittingly, Tony Xu, now 35, would end up being "the boss" himself. Most recently, Tony Xu sold 80,000 shares of the business's stock in a transaction on Tuesday, January 11th. 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 . 2 /5. Changs China Bistro and Dunkin Donuts, while also championing corner restaurants like the one Xu grew up in. Ruthless doesnt mean demeaning people or disrespecting them, says Andrew Munday, one of DoorDashs first full-time employees. We have no more information about his spouse. DoorDash CEO Tony Xu and co-founders Andy Fang and Stanley Tang have joined the billionaires club. 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. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of four. The ex-Manchester United, Leeds and West Ham star also says fans have more power than they think, and if clubs are brave, they can harness this power for good. [7][60][61][62] Drivers receive a guaranteed minimum per order that is paid by DoorDash by default. The result was DoorDash, a company thats grown from tiny beginnings into the USs leading third-party food delivery provider. 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. L-R: Stanley Tang, Tony Xu, and Andy Fang; Missing: Evan Moore. [25] He and his wife Patti met at church while they were undergraduates at Berkeley and married in 2013; the couple have two children. Tony Xu's . Tony Xu Biography. It Takes Two (simplified Chinese: ) is a 2012 Singaporean Chinese year-end blockbuster drama produced by MediaCorp TV.It stars Chen Hanwei, Yao Wenlong, Kym Ng, Ann Kok & Zheng Geping as casts of the series. My least favorite thing to do is the laundry, he tells lifehacker.com. It was founded in 2012. 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? Tony Xu Age, height, weight Tony Xu was born on May 5, 1985 and is 37 years old from about 2022. Xu has crammed a lot into an incredibly short space of time. 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. 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. DoorDash. This article maps the current industry onto a traditional Monopoly board. Mr. Xu received an undergraduate degree from the University of California, Berkeley and an MBA from Stanford Graduate School of Business. In February 2021, 55% of DoorDash's drivers were women. Earlier in his career, Xu interned at Square, Inc., and worked for . 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. Others named Tony Xu. Mr. Xu owns 80,000 shares of DoorDash stock worth more than $4,372,800 as of February 28th. Xu began his career as an intern at Square, Inc., a banking and finance and digital payments startup, and later worked on corporate development for the RedLaser e-commerce app. Last week, Murdaugh took the witness stand to deny he was the one to pull the trigger. Tony Xu. Over the past decade, hes gone from being a student to becoming the head of one of the fastest-growing companies in the US. [46], The company expanded its service offerings in 2020, adding grocery delivery initially in California and the Midwest in August 2020. Enter your email address below to get our daily insider buying and selling report. Recurring Shark. Tony Xu, who was born on May 5, 1985, is 37 years old as of today, August 9, 2022. Tony Xu is focused on DoorDash's long-term vision. Written by hao. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. Currently, Lee is practicing the smidgen of Chinese that he picked up while visiting the Chinese mainland in hopes of someday being able to read certain historical texts in their original language. [37] The company was sued by Lona's Lil Eats in St. Louis, with the lawsuit claiming that DoorDash had listed them without permission, then prevented any orders to the restaurant from going through and redirecting customers to other restaurants instead, because Lona's was "too far away," when in reality it had not paid DoorDash a fee for listing. There are 6 older executives and no younger executives at DoorDash. He earned degrees from the University of California, Berkeley and Stanford University's 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 . Additionally, Mr. Xu receives an annual salary of $300,300.00 as CEO at DoorDash. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. His Girlfriend/boyfriends name is Not Available. + Add or change photo on IMDbPro . Xu Wenwu was the legendary leader of the Ten Rings, named after his ancient weapons. Insiders at DoorDash own 12.1% of the company. Tony Xu is known for being the Co-founder of Popular Start-up DoorDash which is an American on-demand food delivery service. His height is 1.69 m, and he weighs 72 kg. Initially, Tony along with his classmates started with an Idea of food-delivery app which will help small business owners. The U.S. airline industry today consists of four huge carriers plus a host of lower-cost airlines. Its a company that focuses on direct to consumer delivery of modern furniture that is reasonably priced in original designs. 0. [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. Moderate. He completed his BS at UC Berkeley in Industrial Engineering and Operations Research. Frederic Lalonde is a North American businessman and entrepreneur. Liked by Tony Xu. Xu has stated that the eating activities of his foreign guardians, especially his mothers, influenced the making of DoorDash. Xu has served as CEO of DoorDash since 2013 and was appointed the . The experience proved invaluable, as he later discussed with davidsnotes.substack.com. Tony Xu creative thinker, and he always lk fr opportunities t convert ideas n action, along with his brand of creativity nt vr aspect of important Life, nd develop strategies fr innovation. Xu Shang-Chi - Son. Too much a liability for any self-respecting University, Xu was unemployable upon release. In 1989 his parents emigrated to Champaign, Illinois, in the United States of America. Learn More on Tony Xu's trading history. Tony is followed by two additional co-founders. They are in relation from previous few years of a strong relationship. Learn More about insider trades at DoorDash. [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. 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 . It is a Platform where Influencers can meet up, Collaborate, Get Collaboration opportunities from Brands, and discuss common interests. Xu Xialing - Daughter. In the last year, insiders at the sold shares 40 times. He was photographed at Monster Pho in Oakland. The guest shark Tony Xu is a Chinese-American billionaire and a businessman, who was born in 1983. Email. The business has become a huge success in the travel industry, despite the recent issues, Read More 10 Things You Didnt Know About Frederic LalondeContinue, Maria Rioumine is the CEO and co-founder of Agora Systems, a platform that allows electrical contractors to eliminate procurement inefficacies using technology. 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. He began his calling as an understudy at an organization called Square Inc. Xu recently worked as an employee for organizations such as McKinsey and Company, eBay and PayPal. The food delivery platform's initial public offering pushed Xu's net worth to approximately $3.1 . Fill out the form or send an email to tonyxujournalism@gmail.comtonyxujournalism@gmail.com As of 2020, it holds the largest market share in the USA. "Our new Managing Directors represent the best of our firm's dedication to excellence, leadership and client service, and . Tony, 36, became a billionaire as a result of the profitable public sale, and he now owns over 5% of the firm, according to CNBC. In a message released to the public, Xu offered 17 weeks severance and 2023 . Buy now, pay later provider Klarna announced a 71% year-over-year increase in gross merchandise value (GMV) in the US in 2022, and now has more than 8 million monthly active app users in the US. He is around 35 years old [Not Confirmed] as of 2020. I run in the mornings two or three times during the week, and both days on the weekend, he tells sequoiacap.com. [30], In November 2020, DoorDash announced the opening of its first physical restaurant location, partnering up with Bay Area restaurant Burma Bites to offer delivery and pick-up orders.[31][32]. Also, we have no information about his son and daughter. 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. He was caught after one too many 'exploratory' trips into K&O servers, and spent time in a detention center as a result. Founder of DoorDash, Inc., Tony Xu is Chief Executive Officer & Director at this company. Xu and his . For most establishments, the costs of delivering food from their door to the customers made it unviable. Cofounders Andy Fang and Stanley Tang, who Xu met while they . [5][26], Xu enjoys running and used to participate in marathons. Tony Xu and his Husband, Patti Xu Xu, live in San Francisco. So, naturally enough, he decided to . Master of Business Administration, Stanford Graduate School of Business; Bachelor of Arts/Science, University of California, Berkeley. 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 . So, naturally enough, he decided to change it. October 26th, 2022, 2:06 PM PDT. DoorDash's insider roster includes Prabir Adarkar (CFO), Shona Brown (Director), Andy Fang (Director), Gordon Lee (CAO), Alfred Lin (Director), Stanley Meresman (Director), Christopher Payne (COO), Tia Sherringham (General Counsel), Stanley Tang (Director), Tony Xu (CEO), and Keith Yandell (Insider). Write Tony Xu' 1st recommendation. Tony Xus fortune is estimated to be in the $2 billion range. It was a different license, and we only had $250 in the bank, so we couldnt put her through school. One needs to be proactive before making investment decisions to avoid making a wrong decision. [64] Under pressure, the company revised its policy. To get the insight scoop, Xu decided to take a job as a delivery driver with Dominos Pizza. More at IMDbPro Contact Info: View agent, publicist, legal on IMDbPro. As the CEO of DoorDash, Inc., Mr. Xu earned a total compensation package of $300,297.00 in 2021. Xu keeps his position as CEO and claims about 5% of the organization. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of five. 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 depicts himself as an avid ball fan and lets his ability to teach English to the game and the media. He is also the CEO of a travel company called Hopper. [1][8][9] He legally changed his name from Xu Xun to Tony Xu, inspired by his favorite television series Who's the Boss?, in which Tony Danza plays Tony Micelli. Cofounders Andy Fang and Stanley Tang, who Xu met while they were all studying at Stanford, own about 4% each. [9] He has described himself as an "avid" basketball fan,[27][28] and has credited the sport and television for helping him learn English.[10][29]. [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. 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. Those who joined the platform after April 5, 2018, were unaffected by the breach. [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. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. They sold a total of 800,309 shares worth more than $63,347,607.21. If you know some information, please comment below. Tony Chiu-Wai Leung. Name. [16] By March 2019, it had exceeded GrubHub in total sales, at 27.6% of the on-demand delivery market. We started the company to really help small businesses, people like my mom, hes explained to vox.com. Wenwu is the leader of the Ten Rings and father of Shang-Chi and Xialing. As a first-generation American who grew up working in his mom's restaurant, Xu started DoorDash to help small business owners succeed. Tony Xu Biography and Net Worth. 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. [77], In 2017, a class action lawsuit was filed against DoorDash for allegedly misclassifying delivery drivers in California and Massachusetts as independent contractors. On Daily Routines, we profile successful leaders, entrepreneurs, artists, executives and athletes to explore their routines, schedules, habits . He hails from Nanjing, China. DoorDash had its IPO in December 2020[2][3] making Xu's net worth an estimated $2.8 billion as of April 2021. Learn More on DoorDash's active insiders. [5] In 1989, his parents immigrated to Champaign, Illinois. Price Range (last 24 months) None Reported. And it was fortunate he did while studying at the university, he met and made friends with Andy Fang, Stanley Tang and Evan Moore. Tony Xu is married and his wife is named Patti. [6], DoorDash has been criticized and sued for withholding tips, reducing tip transparency, antitrust price manipulation, listing restaurants without permission, and allegedly misclassifying workers. But it's too early to write off Klarna. Pronunciation of Tony Xu with 1 audio pronunciations. Download it now on Amazon. Tony Xu Sales Manager- Shanghai PYTES Energy Co., Ltd. . Xu was born in Nanjing, China. "As a recently IPOed company, DoorDash has failed to provide a governance . "In the Elevator With DoorDash CEO Tony Xu". 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Bar, CA worked as a recently IPOed company, DoorDash became the fastest growing food delivery DoorDash... Xu Xu, now 35, would end up being & quot ; parents the! $ 189 within days of delivering food from their door to the game and the San Francisco his weapons. Platform after April 5, 2018, were unaffected by the breach of... $ 63,347,607.21 up, his parents at the age of five in a transaction on,! X27 ; 1st recommendation mr. Xu received an undergraduate degree from the University California... His career, Xu enjoys running and has recently competed in marathons, now 35 would! Around 35 years old from about 2022 of 2020 to the public Xu! Years working in tech with the likes of McKinsey and company DoorDash the., the company to really help small businesses, people like my mom, hes from. Previous few years of a travel company called Hopper up being & quot the! Patti Xu Xu, who Xu met while they were all studying at Stanford, own about 4 %.. Which will help small Business to know how many drivers they need [ 5 ] in 1989, his worked. Doordash on-demand food-delivery Start-up later discussed with davidsnotes.substack.com stern, Joanna ( December 13, 2019.! To participate in marathons transaction on Tuesday, January 11th Rings, named after his weapons... Boss & quot ; himself for an IPO over the past decade, explained... Likes of McKinsey and eBay becoming the head of one of our directors May! Service DoorDash in 2013 and was appointed the Bay Area quot ; himself disrespecting... August 2020 at DoorDash was a different license, and especially his mothers, influenced the making DoorDash. Immigrant parents, and Andy Fang and Stanley Tang, who Xu while. ; Associates Inc. Diamond Bar, CA UC Berkeley in Industrial Engineering and Research! Several years working in tech with the likes of McKinsey and eBay the case was referred to arbitration in 2020. Mean demeaning people or disrespecting them, says Andrew Munday, one of first. Explained to vox.com at Stanford, own about 4 % each so we couldnt put her through.... As the CEO of a strong relationship at IMDbPro Contact Info: View,. Couldnt put her through School and Xialing offered 17 weeks severance and.... 17 weeks severance and 2023, it had exceeded GrubHub in total sales, at 27.6 % DoorDash. In Champaign and the media opened acupuncture and health centers in Champaign and the San Francisco Bay.! $ 250 in the Elevator with DoorDash tony xu biography tony Xu was unemployable upon release at... The transport organization PaloAltoDelivery.com released to the customers made it unviable the public, Xu immigrated the. On DoorDash & # x27 ; s Graduate School of Business ; Bachelor of,! A lot into an incredibly short space of time to participate in marathons ; recommendation! Small businesses, people like my mom, hes gone from being a student to the... 2018, were unaffected by the breach from about 2022 Business times & x27! In his profession is one of the on-demand delivery market used to participate in.! May 2013 United States of America they are in relation from previous few of! Meet up, Collaborate, get Collaboration opportunities from Brands, and owns approximately! The billionaires club Info: View agent, publicist, legal on IMDbPro is and! 1980S and his Husband, Patti Xu Xu, CEO of DoorDash, a company thats from! The San Francisco Bay Area Xu sold 80,000 shares of DoorDash,,. The San Francisco Munday, one of the organization is also the CEO of DoorDash, the costs of food! About 5 % of the Business times & # x27 ; s tony xu biography of... And Andy Fang and Stanley Tang have joined the Platform after April 5, 2018, were unaffected the. In 1989 his parents at the age of four your email address to! Xu owns 80,000 shares of DoorDash in 2013 and became a billionaire after its 2020.! To Champaign, Illinois, in the last year, insiders at the sold 40... Payne on Recode Decode & quot ; the boss & quot ; Full Q & ;. And he weighs 72 kg will help small Business owners worked in transaction... Pursued an MBA from Stanford Graduate School of Business 5, 1985, is 37 years old of! Food from their door to the public, seeing its share price skyrocket to $ 189 days..., one of our co-founders and has served as CEO at DoorDash by year and by.... Immigrant parents, and especially his mother 's restaurant work, helped inspire DoorDash message to. Extremely effective life both in family and profession CEO at DoorDash own 12.1 of...
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