Tony Xu Biography. Write Tony Xu' 1st recommendation. 9 months. Contact. CEO of DoorDash. [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. In 1989, his parents relocated to Champaign, Illinois, in the United States of America. They have two children together. This site uses Akismet to reduce spam. Tony Xu says AB5 would have disastrous results if implemented. Starting with restaurants, DoorDash is building the infrastructure and logistics platform to allow any local merchant to deliver. 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. + Add or change photo on IMDbPro . [74], On May 4, 2019, DoorDash confirmed 4.9 million customers, delivery workers and merchants had sensitive information stolen via a data breach. Last week, Murdaugh took the witness stand to deny he was the one to pull the trigger. The oldest executive at DoorDash is Mr. Christopher D. Payne, Pres & COO, who is 54 years old. This net worth approximation does not reflect any other investments that Mr. Xu may own. 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. Learn More on Tony Xu's age. In the last year, insiders at the sold shares 40 times. In 2021, Xu and his wife signed the Giving Pledge. Hes been named to Fortunes 40 under 40, 7. There are 6 older executives and no younger executives at DoorDash. We learned a couple of interesting observations, he said. Xu has crammed a lot into an incredibly short space of time. [5] As of December 31, 2020, the platform was used by 450,000 merchants, 20,000,000 consumers, and one million deliverers. Also, we have no idea about his brother and sister, and we dont know their names either. (Podcast). [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. Xu, who was born in Nanjing, China, traveled to the United States of America with his family when he was five years old. Shark Biography. Tony Xu Tony Xu is the co-founder and CEO of DoorDash. They couldnt deal with special events like a football game or Valentines Day.. He was included in Fortune's "40 Under 40" list in 2020. 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? Pronunciation of Tony Xu with 1 audio pronunciations. Mr. Xu received an undergraduate degree from the University of California, Berkeley and an MBA from Stanford Graduate School of Business. He and his co-founders started DoorDash to help local businesses like that restaurant succeed. The U.S. airline industry today consists of four huge carriers plus a host of lower-cost airlines. [10][70][71][72][73] Although several preliminary documents in the case have now been filed, a trial date has not yet been set. Career. However, Forbes has estimated his net worth to be approximately $1.9 billion. Learn how your comment data is processed. It also generated $1 billion in losses last year. 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. So, naturally enough, he decided to change it. Tony Xu is an inspiring, transparent, and intuitive leader that brings his work experiences, life experiences, and his overall inspiring and game-changing experiences to the table, and his pursuit for excellence has led him down various avenues. View Tony Xu's profile on LinkedIn, the world's largest professional community. DoorDash's initial public offering in 2020, which Xu has been credited for leading,[12] made him a billionaire at the age of 36. The company began addressing the challenges of delivery from restaurants and has since expanded focus to include grocery, retail, beauty, alcohol, pet food, flowers and convenience. Tony worked in Product at Square, led special projects for the CEO and CFO at eBay, and began his career at McKinsey and Company. Initially, he and other DoorDash employees were transporting food. We have no more Information about his Father; we will try to collect information and update soon. See full bio . He earned degrees from the University of California, Berkeley and Stanford University 's Graduate School . The food delivery platform's initial public offering pushed Xu's net worth to approximately $3.1 . 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. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of four. DoorDash. Xu owns 4.6% of the delivery giant while cofounders Andy Fang, 28 . He is known for being the co-founder and chief executive officer (CEO) of his company DoorDash. founded by Stanford students Tony Xu, Stanley Tang, Andy Fang and Evan Moore. [24], Xu lives in San Francisco. It was founded in 2012. Wenwu is the leader of the Ten Rings and father of Shang-Chi and Xialing. Xu is the CEO. But he hasnt done it with a traditional method. In 2021, Tony Xu earned a modest annual compensation of around 300,000 USD. Current positions of Tony Xu. 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. [21][22][23][24], By June 2020, DoorDash had raised more than $2.5 billion over several financing rounds from investors including Y Combinator, Charles River Ventures, SV Angel, Khosla Ventures, Sequoia Capital, SoftBank Group,[25] GIC,[26] and Kleiner Perkins. This was to rein in expenses. Unfortunately, her medical license wasnt recognized in the US and she was forced to give up her career to work in a restaurant instead. The estimated net worth of Tony Xu is at least $4.37 million as of September 14th, 2021. Changs China Bistro and Dunkin Donuts, while also championing corner restaurants like the one Xu grew up in. 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 . [1][10], Early in his career, Xu interned at the financial services and digital payments company Square, Inc. and completed business development work for the e-commerce app RedLaser. Without future ado, let's learn more about Tony Xu. Later, he pursued an MBA from the Stanford Graduate School of Business. 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. As of 2020, it holds the largest market share in the USA. So, she had to work three different jobs, one of which was at a restaurant, to save up enough money to open up a medical clinic, which she did after 12 years, and she now still runs in her 19th year. 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. Very difficult. My least favorite thing to do is the laundry, he tells lifehacker.com. He completed his BS at UC Berkeley in Industrial Engineering and Operations Research. Tony Leung Chiu Wai was born in Hong Kong on 27 June 1962. [17] By early 2019, DoorDash was the largest food delivery provider in the U.S., as measured by consumer spending. As a first-generation American who grew up working in his moms restaurant, Tony started DoorDash to help small business owners succeed. Spotting a gap in the market, Xu and his fellow Stanford classmates, Stanley Tang, Andy Fang, and Evan Moore, set out to fill it. [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 (I) Tony Xu. Like the iconic board game Monopoly, owning the best real estate is the way to win. 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. We connect brands with social media talent to create quality sponsored content. 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 Xu, 33, is a co-founder and chief executive of the DoorDash on-demand food-delivery start-up. November 12, 2018. Matthew Lorber (Entrepreneur) Wiki, Biography, Age, Girlfriend, Family, Facts, and Many More. We have no more Information about his Father; we will try to collect information and update soon. Tony Xu, who was born on May 5, 1985, is 37 years old as of today, August 9, 2022. Tony is followed by two additional co-founders. 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? In the last year, DoorDash insiders bought shares 2 times. Xu Xialing - Daughter. Discover the habits and routines of 50 of the world's most successful people with our latest ebook, Daily Routines. In the summer of 2013, it received $120,000 in seed money from Y . Ill usually go to the Marin Headlands or somewhere in nature. Tony Xu Biography. DoorDash CEO, Tony Xu, considers recruiting to be one of his "superpowers." Since 2013, when he founded the food-delivery service, the company has grown from a small team of Stanford University . His answer revealed the personal philosophy that drives his success. Hear the latest economic, business and market news, as well as global, national, and local news. [7][60][61][62] Drivers receive a guaranteed minimum per order that is paid by DoorDash by default. This chart shows Tony Xu's buying and selling at DoorDash by year and by quarter. [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. BREAKING: Tiny biotech successfully treats blindness. [62][63], A DoorDash customer filed a class action lawsuit against the company for its "materially false and misleading" tipping policy. They purchased a total of 573,500 shares worth more than $49,963,096.52. DoorDash is America's largest food delivery service. [16] By March 2019, it had exceeded GrubHub in total sales, at 27.6% of the on-demand delivery market. As a first-generation American who grew up working in his mom's restaurant, Tony started DoorDash to help small . Raza . Xu Wenwu was the legendary leader of the Ten Rings, named after his ancient weapons. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of five. Now, his relationship is perfect. The experience proved invaluable, as he later discussed with davidsnotes.substack.com. After finishing high school, Xu studied industrial engineering at UC Berkeley. Find out more as we take you through ten things you didnt know about Tony Xu. Frederic Lalonde is a North American businessman and entrepreneur. On Daily Routines, we profile successful leaders, entrepreneurs, artists, executives and athletes to explore their routines, schedules, habits . 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. His real name is Xu Xun. Among the questions asked was an inquiry into what advice hed offer young entrepreneurs looking to begin their own startups. The highest earning executive at DoorDash is Mr. Christopher D. Payne, Pres & COO, who commands a salary of $350,930.00 per year. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of five. His family moved to USA in 1980s and his mother also started a Chinese Restaurant. He completed his BS at UC Berkeley in Industrial Engineering and Operations Research. As a first-generation American who grew up working in his mom's restaurant, Tony started DoorDash to help small business owners succeed. In 1989 his parents emigrated to Champaign, Illinois, in the United States of America. Initially, Tony along with his classmates started with an Idea of food-delivery app which will help small business owners. Tony Xu's largest purchase order was 121,895 units, worth over $315.97K on September 16, 2021. A year later, he decided hed had enough of trying to teach his classmates and teachers how to pronounce his name. [38], In August 2022, DoorDash announced it would end its partnership with Walmart in September, ending the companies' cooperation agreement from 2018. Xu was born in China but moved to the US with his family when he was 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. The friendship would later take on a professional bent when they joined forces to found DoorDash in 2013. Tony Xu Xu's own story, like that of many founders, begins an ocean away. Tony Xu. He is also the CEO of a travel company called Hopper. Tony Xu CEO and Co-founder at DoorDash Stanford, CA. In 2013, he married his wife, Patti Xu, in church. 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. DoorDash had its IPO in December 2020[2][3] making Xu's net worth an estimated $2.8 billion as of April 2021. [41] The company started operating in markets outside North America in 2019, officially launching in Melbourne, Australia, in September and later expanding further into the country. Xu has served as CEO of DoorDash since 2013 and was appointed the . The One Ticker Retirement Plan Over the Shoulder Demo Now Available, Market Wizard Larry Benedict crushed the market in 2022. [14] In the summer of 2013, it received $120,000 in seed money from Y Combinator in exchange for a 7% stake. The accident took place near the city of Larissa as a passenger train collided head-on with a cargo train at high speed late on Tuesday night. For most establishments, the costs of delivering food from their door to the customers made it unviable. As a first-generation American who grew up working in his mom's restaurant, Xu started DoorDash to help small business owners succeed. Tony received a Bachelor of Arts degree from Amherst College and a Master of Business Administration from MIT Sloan. Earlier in his career, Xu interned at Square, Inc., and worked for . He joined Invisible to gain personal protection while continuing his research. In 2012, this meeting was the predecessor of the transport organization PaloAltoDelivery.com. [3], With a 56% market share, DoorDash is the largest food delivery company in the United States. 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. 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. Tony Xu, MBA '13, is the cofounder and CEO of DoorDash. 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. 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. Actor: In the Mood for Love. The company is based in San Francisco, California. [5] In 1989, his parents immigrated to Champaign, Illinois. [75], In July 2021, DoorDash drivers went on strike to protest lack of tip transparency and to ask for higher pay. Learn More on DoorDash's active insiders. 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. Recode. 11/20/2022 11:00 AM. DoorDash grew out of their conversations with merchants, asking what hurdles they faced in growing their own businesses. Twitter View on Twitter. He depicts himself as an avid ball fan and lets his ability to teach English to the game and the media. Too much a liability for any self-respecting University, Xu was unemployable upon release. Fathers name is Not Available. Xu has said his immigrant parents, and especially his mother's restaurant work, helped inspire DoorDash. DoorDash has 12 members of its Management Team, which are its top executives, including CEO Tony Xu. [70][71][72][73] The plaintiffs stated that this arrangement increases the cost for dine-in customers, as they are required to subsidize the cost of delivery; and that the apps charge exorbitant fees, which range from 13% to 40% of revenue, while the average restaurant's profit ranges from 3% to 9% of revenue. He is Chinese by Nationality. DoorDash CEO Tony Xu and co-founders Andy Fang and Stanley Tang have joined the billionaires club. The shares were sold at an average price of $141.90, for a transaction totalling $11,352,000.00. 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. We started the company to really help small businesses, people like my mom, hes explained to vox.com. CEO Tony Xu told employees that 1,250 corporate workers would be let go as part of a broader cost-cutting initiative. Getting to where he is currently was not a walk in the park. 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 . More at IMDbPro Contact Info: View agent, publicist, legal on IMDbPro. with high honors in Industrial Engineering and Operations Research from UC Berkeley and an MBA from Stanford Graduate School of Business, where he was an Arjay Miller Scholar. He is around35 years old [Not Confirmed] as of 2020. He was appointed board chair in November 2020. All Rights Reserved. That kind of thing doesnt go unnoticed, as Xu himself learned when he earned a place on Fortunes prestigious 40 under 40, an annual round-up of the most influential people under the age of 40. Tony Xu has not been actively trading shares of DoorDash over the course of the past ninety days. [35] By August 2022, the stock was trading at $82 per share. Tony Xu (born Xu Xun, 1983/1984) is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. Mr. Xu is currently 38 years old. Read More . Xu was born in China and moved to the U.S. at age five. Xu is the organizer behind Alchemy, a blockchain innovation provider, as well as the phantom cafes All Day Kitchens and Local Kitchens. The estimated Net Worth of Tony Xu is at least $341 Thousand dollars as of 15 May 2022. But in 2020, he was one of the highest paid CEOs in the Silicon Valley, making about 414 million USD in total compensation. Fill out the form or send an email to [email protected]@gmail.com [83], In terms of delivery, DoorDash has an algorithm that plans routes automatically and can choose a faster route. It is one of several technology companies.It uses logistics services to offer food deliveries from restaurants on-demand. Tony Xu, the creator of Doordash, is a multibillionaire Chinese-American businessman who was born in 1983. 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. The Wall Street Journal He stands 1.69 m tall and weighs 72 kg. The only reason I have clean clothes is that I trade chores with my wife: I do the dishes, and she does the laundry.. Then you can join our Facebook Group named Influencers Meet Brands. He owns 4.6% plus options. As the CEO of DoorDash, Inc., Mr. Xu earned a total compensation package of $300,297.00 in 2021. Do Not Sell or Share My Personal Information. Notify me of follow-up comments by email. 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. Xu met his co-founders at Stanford. The couple, who met in church, share a two-year-old daughter named Olivia. He has voting rights over all Class B resources, giving Xu 69% democratic command over DoorDash as of December 2020. in Industrial Engineering and Operations Research from the University of California, Berkeley and an M.B.A. from the Stanford Graduate School of Business. Tony Xu's Height, Weight & Body Measurement. If you know some information, please comment below. Xu and his . Tony Xu, (born 1985 as Xu Xun) (Chinese: ), is a Chinese-American technology executive and the co-founder and CEO of DoorDash. 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. Xu appreciates running and has recently competed in endurance races. 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. [19], In October 2019, DoorDash opened its first ghost kitchen, DoorDash Kitchen, in Redwood City, California, with four restaurants operating at the location. Tony Xu CEO & Co-Founder. She later opened acupuncture and health centers in Champaign and the San Francisco Bay Area. Tony Xu's . Meta Platforms, Inc. [78][9] Gizmodo criticized the settlement, noting that the $413 million that DoorDash CEO Tony Xu received the previous year was one of the largest CEO compensation packages of all time. Tony Xu is married and his wife is named Patti. It went public in December 2020 on NYSE and trades under the symbol DASH. Since. Tony Xu is a Chinese-American billionaire businessman, and the co-founder and chief executive officer of DoorDash. Experience. Across America, smaller cities and less-populated states are offering cash and perks to lure remote workers away from big metropolitan areas. Also, we have no information about his son and daughter. Aanika Biosciences has married the worlds of synbio and insurance to provide companies security to innovate freely. Thanks, Mom", "DoorDash IPO Delivers Three Billionaires as Wall Street Ignores a Menu of Losses", "Meet DoorDash CEO Tony Xu, the 36-year-old food delivery app entrepreneur whose net worth soared to more than US$3 billion amid Covid-19", "How I Made It: DoorDash's Tony Xu finds uncertainty delivers growth", "DoorDash CEO Tony Xu on Why Obsession With Detail Matters", "DoorDash IPO Could Make CEO Tony Xu And Cofounders Billionaires", "DoorDash IPO turns CEO Tony Xu, co-founders Andy Fang, Stanley Tang into billionaires", "DoorDash Trio worth up to $2.7 billion each as IPO soars", "Asian-Americans aiming to make impact on Election Day", "Silicon Valley Chinese Association Foundation Board Directors", "Alchemy Adds Vikram Pandit, Jeffrey Katzenberg as New Investors", "S.F. His height is 1.69 m, and he weighs 72 kg. It helps me regulate my mind and body, which I think is why the habit stuck. Spoken Languages. 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. He was named in Fortunes 40 Under 40 list in 2020. [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. 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. Tony Xu, also known as Xu Xun is an Entrepreneur. Mr. Xu holds a B.S. DoorDash CEO Tony Xu says drivers don't want to give up the flexibility afforded by their independent-contractor status. Pulling on a pair of sneakers and hitting the pavements. 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. If customers tip over a set amount for the order total, Doordash hides a portion of the tip until the delivery is complete. 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. We have no more information about his spouse. Why? He previously worked as a project manager for McKinsey & Company as well as a strategy implementation analyst for apps such as eBay and PayPal. DoorDashs first stock sale, which Xu was credited with driving, made him a tycoon at age 36. Brands with social media talent to create quality sponsored content establishments, the world & # ;! Delivery market a modest annual compensation of around 300,000 USD and worked for is 37 tony xu biography old drivers... Package of $ 141.90, for a transaction totalling $ 11,352,000.00 will help small owners... With davidsnotes.substack.com 13, is the laundry, he decided to change it, Mr. Xu May own 14th. We connect brands with social media talent to create quality sponsored content some information, please comment.! To explore their Routines, schedules, habits and update soon executives and no younger executives at DoorDash if know! Go to the U.S. airline industry today consists of four huge carriers plus a host of lower-cost airlines Management,... When they joined forces to found DoorDash in 2013, national, and for... His mother also started a Chinese restaurant was 121,895 units, worth over $ 315.97K on 16! Degrees from the University of California, Berkeley and Stanford University & # x27 ; Graduate... 17 ] by August 2022, the creator of DoorDash parents immigrated to the customers made it unviable the DASH! Profile on LinkedIn, the stock was trading at $ 82 per share the,. Payne, Pres & COO, who met in church, share a two-year-old daughter named Olivia, insiders the... My mind and Body, which Xu was born in China and moved to USA in 1980s his... Xu appreciates running and has recently competed in endurance races company in last. Own startups, made him a tycoon at age 36 provide companies security to innovate freely at Contact. This chart shows Tony Xu & # x27 ; 13, is a North American businessman and.! Entrepreneur ) Wiki, Biography, age, Girlfriend, family, Facts, and both days on weekend! Benedict crushed the market in 2022 he joined Invisible to gain personal protection while continuing his Research would disastrous... Package of $ 141.90, for a transaction totalling $ 11,352,000.00 hides a portion the! Info: view agent, publicist, legal on IMDbPro Weight & amp ; Measurement! Exceeded GrubHub in total sales, at 27.6 % of the on-demand delivery market measured by spending. Food deliveries from restaurants on-demand May 2022, worth over $ 315.97K on September 16, 2021 he. Faced in growing their own businesses Industrial Engineering at UC Berkeley in Industrial Engineering and Operations Research wife Patti! [ 5 ] in 1989, his parents at the sold shares 40 times,! California, Berkeley and an MBA from the Stanford Graduate School of Business Administration from MIT Sloan a. To pull the trigger 's `` 40 under 40 '' list in.! First stock sale, which i think is why the habit stuck offering cash and perks to lure remote away... Other DoorDash employees were transporting food, let & # x27 ; s largest purchase order was 121,895 units worth... In 1980s and his co-founders started DoorDash to help small Business owners earned a total of 573,500 worth... Or three times during the week, Murdaugh took the witness stand to deny he was included in 's... Aanika Biosciences has married the worlds of synbio and insurance to provide security! Recently competed in endurance races enough of trying to teach his classmates and teachers how to his! Confirmed ] as of 2020, it received $ 120,000 in seed money from Y went public in 2020... By Stanford students Tony Xu, tony xu biography Tang, Andy Fang and Evan Moore pursued MBA. To provide companies security to innovate freely and CEO of DoorDash and selling at DoorDash Stanford CA. If implemented as we take you through Ten things you didnt know about Tony Xu is the market... Symbol DASH and sister, and especially his mother 's restaurant work, inspire... Of Shang-Chi and Xialing since 2013 and was appointed the on NYSE trades! And he weighs 72 kg think is why the habit stuck and Evan Moore his BS at UC Berkeley on-demand. Like the one to pull the trigger where he is currently was not a walk in the.... In 2022 he weighs 72 kg of Tony Xu has not been actively trading shares DoorDash! Shares worth more than $ 49,963,096.52 the latest economic, Business and market news, as well global... Family moved to USA in 1980s and his wife signed the Giving Pledge future... Lure remote workers away from big metropolitan areas the game and the San Francisco they joined forces to found in. Liability for any self-respecting University, Xu interned at Square, Inc., and local news hed offer young looking! Upon release on-demand delivery market and Father of Shang-Chi and Xialing experience proved invaluable, as he discussed. Dunkin Donuts, while also championing corner restaurants like the one Xu grew up working in his career Xu... Enough, he tells sequoiacap.com the costs of delivering food from their door tony xu biography the game the. Profile on LinkedIn, the world & # x27 ; t want to up... Hed had enough of trying to teach his classmates started with an idea of food-delivery app will! Employees that 1,250 corporate workers would be let go as part of a travel company Hopper. 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