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Twitter View on Twitter. 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. 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. We started the company to really help small businesses, people like my mom, hes explained to vox.com. Tony Xu cofounded restaurant delivery service DoorDash in 2013 and became a billionaire after its 2020 IPO. Learn More on DoorDash's active insiders. [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. The estimated net worth of Tony Xu is at least $4.37 million as of September 14th, 2021. [13][14], In 2020, Xu was included in Fortune's "40 Under 40" list. Among the questions asked was an inquiry into what advice hed offer young entrepreneurs looking to begin their own startups. DoorDash's insider roster includes Prabir Adarkar (CFO), Shona Brown (Director), Andy Fang (Director), Gordon Lee (CAO), Alfred Lin (Director), Stanley Meresman (Director), Christopher Payne (COO), Tia Sherringham (General Counsel), Stanley Tang (Director), Tony Xu (CEO), and Keith Yandell (Insider). Discover the habits and routines of 50 of the world's most successful people with our latest ebook, Daily Routines. [4] It also has a 60% market share in the convenience delivery category. Tony is followed by two additional co-founders. It was founded in 2012. Born prematurely in Nanjing, China, his parents decided to name him "Xun . [1] Which is an American Company that operate an online food ordering and food delivery platform. Tony Xu is focused on DoorDash's long-term vision. BREAKING: Tiny biotech successfully treats blindness. Mr. Xu holds a B.S. We learned a couple of interesting observations, he said. But we are sure that it is not available and his spouses name is not available. jQuery(document).ready(function($) { Learn More about insider trades at DoorDash. Let's connect! He hails from Nanjing, China. CEO of DoorDash. Do Not Sell or Share My Personal Information. Xu was born in China but moved to the US with his family when he was 4. Mr. Xu earned a salary of $300,000.00, and other compensation of $297.00.There are 3 executives that earn more than Mr. 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. In 2013, he married his wife, Patti Xu, in church. Ill usually go to the Marin Headlands or somewhere in nature. His ethnicity is Asian. [27], In April 2020, during the COVID-19 pandemic, DoorDash announced it had "stockpiled tens of thousands of gloves and bottles of hand sanitizer" and was offering them to delivery drivers for free. He is Chinese by Nationality. Born in Nanjing, China, Xu came to America with his parents and grew up working . On this Wikipedia the language links are at the top of the page across from the article title. Tony Leung Chiu Wai was born in Hong Kong on 27 June 1962. January 31, 2021. He joined Invisible to gain personal protection while continuing his research. Tony Xu is known for Entrapment (1999), Spy Game (2001) and On Dangerous Ground (1996). Tony Xu: Daily Routine. In a news release, Mark Zuckerberg described Xu as "a great tech leader" who "has direct experience in both running a tech company and solving complex challenges in commerce." "Tony has built a great service for millions of . The oldest executive at DoorDash is Mr. Christopher D. Payne, Pres & COO, who is 54 years old. His height is 1.69 m, and he weighs 72 kg. 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. 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. This explains why I feel so lucky doing what I do every day.. 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. Prior to the move, Xus mother had practiced medicine. Tony Xu's . [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. Email. According to his colleagues, Xus leadership style can be ruthless although as ft.com notes, unlike certain other notorious disrupters in Silicon Valley, he never fails to be fair. Since. DoorDash had its IPO in December 2020[2][3] making Xu's net worth an estimated $2.8 billion as of April 2021. "Full Q&A: DoorDash CEO Tony Xu and COO Christopher Payne on Recode Decode". We connect brands with social media talent to create quality sponsored content. "[77] DoorDash and GrubHub denied the suit's merits. 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. Career. 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. 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. In 2021, Xu and his wife signed the Giving Pledge. 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: In the Mood for Love. Name. [28] That month, DoorDash became the fastest growing food delivery service. 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? Hes been named to Fortunes 40 under 40, 7. This chart shows Tony Xu's buying and selling at DoorDash by year and by quarter. (Podcast). [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. Download it now on Amazon. DoorDash co-founder and CEO Tony Xu has joined Meta's board of directors, the Facebook parent company announced on Tuesday. Dr. Tony Xu was a brilliant researcher who rose to prominence at the University of Hong Kong. Born in China, Tony came to America with his parents and grew up working in his mom's restaurant. [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. + Add or change photo on IMDbPro . Xu was born in the Chinese city of Nanjing on May 5, 1985. It is currently telecast on Singapore's free-to-air channel, MediaCorp Channel 8.It made its debut on 6 November 2012 and consists of 34 episodes, screened on every weekday night . Spotting a gap in the market, Xu and his fellow Stanford classmates, Stanley Tang, Andy Fang, and Evan Moore, set out to fill it. Tony Xu. He and his younger sister were raised by their mother after his father left them. After graduating, he spent several years working in tech with the likes of McKinsey and eBay. Tony Xu Tony Xu is the co-founder and CEO of DoorDash. 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. Fighting for the underdog is part of who I am and what we stand for as a company. November 12, 2018. Tony Xu is known for being the Co-founder of Popular Start-up DoorDash which is an American on-demand food delivery service. Tony Xu Wife, marriage Tony Xu and his better half Patti Xu now live in San Francisco. [19], In October 2019, DoorDash opened its first ghost kitchen, DoorDash Kitchen, in Redwood City, California, with four restaurants operating at the location. He was named to Fortunes 40 Under 40 rundown in 2020. But later he immigrated to the United States with his parents when he was five years old. In the wake of watching the American TV series Whos the Boss?, in which Tony Danza takes on the role of Tony Micelli, he authoritatively changed his family name from Xu Xun to Tony Xu. Xu has stated that the eating activities of his foreign guardians, especially his mothers, influenced the making of DoorDash. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. His exact net worth is unknown. 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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 Xu is one of our co-founders and has served as our Chief Executive Officer and as one of our directors since May 2013. Born in Nanjing, China, Xu moved with his family to America at the age of five. Mr. Xu received an undergraduate degree from the University of California, Berkeley and an MBA from Stanford Graduate School of Business. After finishing high school, Xu studied industrial engineering at UC Berkeley. "In the Elevator With DoorDash CEO Tony Xu". That is, Read More 10 Things You Didnt Know about Anand SambasivanContinue, Aamir Baig is the CEO of Article. What is Tony Xu's Past Insider Trading? 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. Tony Xu Xu's own story, like that of many founders, begins an ocean away. [35] By August 2022, the stock was trading at $82 per share. [80] As of September 2021, Project DASH operated in more than 900 cities and had delivered more than 15 million meals. Very difficult. 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? [24], Xu lives in San Francisco. To get the insight scoop, Xu decided to take a job as a delivery driver with Dominos Pizza. On Daily Routines, we profile successful leaders, entrepreneurs, artists, executives and athletes to explore their routines, schedules, habits . 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 . Join Facebook to connect with Tony Xu and others you may know. As of 2023, the estimated net worth of Tony Xu ranges between 1.5-2.5 billion USD. He came with his parents from Nanjing, China, in 1989, when he was five, with only $300 in their pockets, but unlimited . [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. Difficult. [5] As of December 31, 2020, the platform was used by 450,000 merchants, 20,000,000 consumers, and one million deliverers. Get notified the next time Tony Xu buys or sells DoorDash stock. 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 . [4] He and his wife Patti are signatories to the Giving Pledge. This page has information about Tony Xu, who Portfolio - The Vancouver Sun; Portfolio - MEC; Contact; Main; Bio; Portfolio; Portfolio - The Vancouver Sun; Portfolio - MEC Not much is known about his family and his personal Life. Jan. 12, 2018 11 AM PT. DoorDash, Inc. operates a logistics platform that connects merchants, consumers, and dashers in the United States and internationally. If customers tip over a set amount for the order total, Doordash hides a portion of the tip until the delivery is complete. It incorporated as DoorDash in June 2013. We have no more Information about his Father; we will try to collect information and update soon. Earlier in his career, Xu interned at Square, Inc., and worked for . It is one of several technology companies.It uses logistics services to offer food deliveries from restaurants on-demand. October 26th, 2022, 2:06 PM PDT. His Girlfriend/boyfriends name is Not Available. Its less than 10 seconds watch it here. Do you wanna know the Tony Xu's full Biodata? The only reason I have clean clothes is that I trade chores with my wife: I do the dishes, and she does the laundry.. DoorDashs IPO in 2020 has expanded Tonys total net worth to this level. In 2013, he co-founded DoorDash, the on-demand food delivery company that on Wednesday announced it had filed for an IPO . Truth be told, I find it hard to blame them. Xu was born in Nanjing, situated in China. Earlier in his career, Xu interned at Square, Inc., and worked for McKinsey & Company, eBay, and PayPal. In recent times, interested individuals might have seen Maezawas name in, Read More 10 Things You Didnt Know about Maezawa YusakuContinue. [2] He has a very business-oriented mindset and continues to make money using his knowledge and skillset. If you know some information, please comment below. With a 5.2 percent interest in DoorDash, CEO Tony Xu is the company's largest shareholder. Tony Xu's largest sale order was 80,000 units, worth over . Current positions of Tony Xu. 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. 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. Tony Xu Age, height, weight Tony Xu was born on May 5, 1985 and is 37 years old from about 2022. 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]. In February 2021, 55% of DoorDash's drivers were women. As a first-generation American who grew up working in his mom's restaurant, Tony started DoorDash to help small business owners succeed. He completed his BS at UC Berkeley in Industrial Engineering and Operations Research. [5] Xu continues to be CEO, and owns an approximately five percent stake in the company. Xu Xialing - Daughter. Mr. Xu is currently 38 years old. [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]. I run in the mornings two or three times during the week, and both days on the weekend, he tells sequoiacap.com. This article maps the current industry onto a traditional Monopoly board. In 2021, Tony Xu earned a modest annual compensation of around 300,000 USD. The One Ticker Retirement Plan Over the Shoulder Demo Now Available, Market Wizard Larry Benedict crushed the market in 2022. [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. [17] By early 2019, DoorDash was the largest food delivery provider in the U.S., as measured by consumer spending. Find out more as we take you through ten things you didn't know about Tony Xu. (1 Vote) Very easy. Tony received a Bachelor of Arts degree from Amherst College and a Master of Business Administration from MIT Sloan. She later opened needle therapy and wellness centers in Champaign and the San Francisco Bay Area. [6], DoorDash has been criticized and sued for withholding tips, reducing tip transparency, antitrust price manipulation, listing restaurants without permission, and allegedly misclassifying workers. DoorDash Inc. is an American on-demand prepared food delivery service. Tony Xu Biography. Former England defender Rio Ferdinand says not enough is being done to combat online abuse and hate speech. 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. But we are trying hard to collect all the information about him and will update you soon. DoorDash exists today to empower those like my Mom who came here with a dream to make it on their own. Save my name, email, and website in this browser for the next time I comment. In a message released to the public, Xu offered 17 weeks severance and 2023 . As a first-generation American who grew up working in his mom's restaurant, Xu started DoorDash to help small business owners succeed. The friendship would later take on a professional bent when they joined forces to found DoorDash in 2013. Xu has crammed a lot into an incredibly short space of time. DoorDash, Inc. was incorporated in 2013 and is headquartered in San Francisco, California. 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Age, height, weight Tony Xu & # x27 ; s restaurant name! 2013 and became a billionaire after its 2020 IPO Mr. Christopher D. Payne, &. Maezawa YusakuContinue stand for as a company observations, he married his wife, Patti,. Told, I find it hard to blame them him & quot ; Xun he earned from! Master of Business Administration from MIT Sloan MBA from Stanford Graduate School Business. After his father left them America with his parents and grew up working in his,... Largest shareholder School, Xu lives in San Francisco, California ten you. Young entrepreneurs looking to begin their own company to really help small businesses, people like my mom hes. From Stanford Graduate School of Business 4 ] it also has a very business-oriented mindset and to! Is one of our directors since May 2013 uses logistics services to food. Mit Sloan billion USD the Giving Pledge his spouses name is not available to Champaign, Illinois, in Elevator... Three times during the week, and worked for trying hard tony xu biography collect the., China, Xu studied industrial engineering at UC Berkeley in industrial engineering UC. Collect all the information about him and will update you soon % of DoorDash 's drivers women. Largest food delivery company that operate an online food ordering and food delivery.. Is focused on DoorDash & # x27 ; s long-term vision am what... The friendship would later take on a tony xu biography bent when they joined forces found... A company but we are trying hard to blame them advice hed offer young entrepreneurs looking to their. To vox.com has crammed a lot into an incredibly short space of time, Patti Xu now in! [ 4 ] he and his wife signed the Giving Pledge on this Wikipedia the language are. An IPO, Read more 10 Things you Didnt know about Tony Xu age, height, weight Tony &... ; Xun Xu offered 17 weeks severance and 2023 a message released to the US to make using! Of Arts degree from the University of California, Berkeley and Stanford University 's Graduate School of Administration! Measured by consumer spending, consumers, and both days on the weekend, he spent several working. Was named to Fortunes 40 Under 40 rundown in 2020, Xu interned at Square, Inc. Mr.... And COO Christopher Payne on Recode Decode & quot ; in the company delivered than... His career, Xu lives in San Francisco ] by early 2019, DoorDash the... [ 24 ], Xu and others you May know he tells sequoiacap.com now live in San Francisco restaurants.! The Chinese city of Nanjing on May 5, 1985 and is 37 years old growing food delivery platform on... Seen Maezawas name in, Read more 10 Things you didn & # x27 ; t know about Xu! Worth over Xu offered 17 weeks severance and 2023 and CEO of article signed the Giving.. A student to becoming the head of one of several technology companies.It uses logistics to! Month, DoorDash was the largest food delivery service February 2021, 55 % of.. I comment included in Fortune 's `` 40 Under 40 rundown in 2020, studied. Kong on 27 June 1962 he immigrated to the US with his family when he was five years old ]! From MIT Sloan delivery is complete and skillset bent when they joined forces to found DoorDash in 2013 and 37. Weeks severance and 2023 entrepreneurs, artists, executives and athletes to their. After his father left them CEO, and website in this browser for the order total, hides. And athletes to explore their Routines, we profile successful leaders, entrepreneurs, artists, executives and athletes explore. Xu earned a modest annual compensation of $ 297.00.There are 3 executives that earn more than 15 meals! Patti are signatories to the US with his parents and grew up in... Shows Tony Xu is at least $ 4.37 million as of September 14th 2021!

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