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Born in China, Tony came to America with his parents and grew up working in his mom's restaurant. Changs China Bistro and Dunkin Donuts, while also championing corner restaurants like the one Xu grew up in. DoorDash. Before Starting DoorDash, Tony has worked in a few prominent companies like Product at Squareand McKinsey and Company. Bloomberg Surveillance with Tom Keene, Jonathan Ferro & Lisa Abramowicz live from New York, bringing insight on global markets and the top business stories of the day. Xu was born in the Chinese city of Nanjing on May 5, 1985. View the profiles of people named Tony Xu. [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]. 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. 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. [5] In 1989, his parents immigrated to Champaign, Illinois. Xu was born in the Chinese city of Nanjing on May 5, 1985. DoorDash's initial public offering in 2020, which Xu has been credited for leading,[12] made him a billionaire at the age of 36. He completed his BS at UC Berkeley in Industrial Engineering and Operations Research. [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. My least favorite thing to do is the laundry, he tells lifehacker.com. 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. His height is 1.69 m, and he weighs 72 kg. Born in Nanjing, China, Xu moved with his family to America at the age of five. View Tony Xu's profile on LinkedIn, the world's largest professional community. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of five. He is Chinese by Nationality. DoorDash launched in Palo Alto and, as of May 2019, had expanded to more than 4,000 cities and offered a 340,000 selection of stores across the US and Canada. Portfolio - The Vancouver Sun; Portfolio - MEC; Contact; Main; Bio; Portfolio; Portfolio - The Vancouver Sun; Portfolio - MEC 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. Learn More on DoorDash's active insiders. Tony Xu had a strong work ethic from an early age, but it wasn't until he met DoorDash's co-founders - and became a Domino's Pizza delivery driver to test out their theories - that it . [83], In terms of delivery, DoorDash has an algorithm that plans routes automatically and can choose a faster route. Tony Xu Tony Xu is the co-founder and CEO of DoorDash. Hisreal name is Xu Xun. 11/20/2022 11:00 AM. History. [5] Xu earned his Bachelor of Science degree in industrial engineering and operations research from Berkeley's College of Engineering[9] and his Master of Business Administration degree from Stanford's Graduate School of Business in 2013. Tony Xus fortune is estimated to be in the $2 billion range. DoorDash exists today to empower those like my Mom who came here with a dream to make it on their own. Exp Realty. Easy. The guest shark Tony Xu is a Chinese-American billionaire and a businessman, who was born in 1983. As a first-generation American who grew up working in his mom's restaurant, Tony started DoorDash to help small . November 12, 2018. Among the questions asked was an inquiry into what advice hed offer young entrepreneurs looking to begin their own startups. He was included in Fortune's "40 Under 40" list in 2020. He and his younger sister were raised by their mother after his father left them. As of 2023, the estimated net worth of Tony Xu ranges between 1.5-2.5 billion USD. In 1989, his parents relocated to Champaign, Illinois, in the United States of America. [48][49], In July 2019, the company's tipping policy was criticized by The New York Times, and later The Verge and Vox and Gothamist. Learn More on Tony Xu's salary. [64] Under pressure, the company revised its policy. This explains why I feel so lucky doing what I do every day.. Leadership is all about finding the best talent and making an. As a first-generation American who grew up working in his mom's restaurant, Tony started DoorDash to help small business owners succeed. 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. Mr. Xu is currently 38 years old. To get the insight scoop, Xu decided to take a job as a delivery driver with Dominos Pizza. [11][12][13], In January 2013, they launched PaloAltoDelivery.com in Palo Alto, California. Tony Leung Chiu Wai was born in Hong Kong on 27 June 1962. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. Tony Xu. "As a recently IPOed company, DoorDash has failed to provide a governance . [13][15], In December 2018, DoorDash overtook Uber Eats to hold the second position in total US food delivery sales, behind GrubHub. Xu was born in Nanjing, China. 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. Tony Xu #0781298. We have no more Information about his Father; we will try to collect information and update soon. It operates DoorDash marketplace, which provides an array of services that enable merchants to solve mission-critical challenges, such as customer acquisition, delivery, insights and analytics, merchandising, payment processing, and customer support; and offers DoorDash Drive, a white-label logistics service; DoorDash Storefront that enables merchants to offer consumers on-demand access to e-commerce. He has a date night with his wife every Friday, 10 Things You Didnt Know About Frederic Lalonde, 10 Things You Didnt Know About Maria Rioumine, 10 Things You Didnt Know about Anand Sambasivan, 10 Things You Didnt Know About Aamir Baig, 10 Things You Didnt Know about Gary Gysin, 10 Things You Didnt Know about Maezawa Yusaku, he later discussed with davidsnotes.substack.com, How Bebe Rexha Achieved a Net Worth of $10 Million, The 20 Worst Cities for Human Trafficking in the World, How Simu Liu Achieved a Net Worth of $4 Million, The 20 Best Chevy Muscle Cars of All-Time, How Lizzo Achieved a Net Worth of $40 Million. The corporate mailing address for Mr. Xu and other DoorDash executives is , , . [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. Last week, Murdaugh took the witness stand to deny he was the one to pull the trigger. But are these incentives worth packing a moving van? Join Facebook to connect with Tony Xu and others you may know. 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. Aanika Biosciences has married the worlds of synbio and insurance to provide companies security to innovate freely. 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 IPO of DoorDash in 2020 increased Tonys net worth to this level. [25] He and his wife Patti met at church while they were undergraduates at Berkeley and married in 2013; the couple have two children. His mother's 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 . It incorporated as DoorDash in June 2013. [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. January 11, 2022. In the past Mr. Xu held the position of Principal at McKinsey & Co., Inc., Associate for Matrix Management Corp. and Principal at RedLaser. Tony Xu Biography Xu was born in the Chinese city of Nanjing on May 5, 1985. Recode. Tony Xu is the CEO and co-founder of DoorDash, a technology company passionate about transforming local businesses and dedicated to enabling new ways of working, earning, and living. In 2012, this meeting was the predecessor of the transport organization PaloAltoDelivery.com. Tony Xu Biography Xu was born in the Chinese city of Nanjing on May 5, 1985. Read More . Too much a liability for any self-respecting University, Xu was unemployable upon release. Xu Shang-Chi - Son. Chart Data in Insider Trading History Table. That is, Read More 10 Things You Didnt Know about Anand SambasivanContinue, Aamir Baig is the CEO of Article. DoorDash co-founder and CEO Tony Xu has joined Meta's board of directors, the Facebook parent company announced on Tuesday. Tony Xu Age, height, weight Tony Xu was born on May 5, 1985 and is 37 years old from about 2022. 1. In a message released to the public, Xu offered 17 weeks severance and 2023 . 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. His real name is Xu Xun. They have two children together. Its less than 10 seconds watch it here. Xu appreciates running and has recently competed in endurance races. If you know some information, please comment below. Xu owns 4.6% of the delivery giant while cofounders Andy Fang, 28 . In 1989, his parents relocated to Champaign, Illinois, in the United States of America. The oldest executive at DoorDash is Mr. Christopher D. Payne, Pres & COO, who is 54 years old. His date of birth is 1985. [79] By August 2019, the program had expanded to 25 cities in the United States and Canada and had delivered more than one million pounds of food. Shark Biography. DoorDash, Inc. is an American company that operates an online food ordering and food delivery platform. Tony Xu is known for being the Co-founder of Popular Start-up DoorDash which is an American on-demand food delivery service. Mr. Xu holds a B.S. [42][43] In 2021, the company expanded its service area to Sendai, Japan in June[44] and Stuttgart, Germany in November. L-R: Stanley Tang, Tony Xu, and Andy Fang; Missing: Evan Moore. 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. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. Xu Xialing - Daughter. In 2013, Xu co-founded DoorDash with Stanford classmates Andy Fang, Evan Moore, and Stanley Tang. So, whats his favorite way to clear his mind? The strike occurred after DoorDash rewrote its code to cut off access to Para, a third-party app that drivers had been using to see the full tip amounts. Tony Xu, 33, is a co-founder and chief executive of the DoorDash on-demand food-delivery start-up. (Podcast). Tony worked in Product at Square, led special projects for the CEO and CFO at eBay, and began his career at McKinsey and Company. Xu has crammed a lot into an incredibly short space of time. He came with his parents from Nanjing, China, in 1989, when he was five, with only $300 in their pockets, but unlimited . Xu met his co-founders at Stanford. Ying Li - Wife; deceased. He is also referred to as a business investor and the director of food transportation administration DoorDash. What is Tony Xu's Past Insider Trading? Tony Xu's largest purchase order was 121,895 units, worth over $315.97K on September 16, 2021. The food delivery platform's initial public offering pushed Xu's net worth to approximately $3.1 . Tony Xu is focused on DoorDash's long-term vision. Fittingly, Tony Xu, now 35, would end up being "the boss" himself. [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. In January 2013, they launched PaloAltoDelivery.com in Palo Alto, California. Tony Xu is CEO/Co-Founder at DoorDash Inc. See Tony Xu's compensation, career history, education, & memberships. On Daily Routines, we profile successful leaders, entrepreneurs, artists, executives and athletes to explore their routines, schedules, habits . However, Forbes has estimated his net worth to be approximately $1.9 billion. His father was a Chinese educator who received a Ph.D. in aeronautical design and applied science from the University of Illinois at Urbana-Champaign in the United States of America. [21][22][23], Signatories to the Giving Pledge, he and his wife Patti have made significant donations in support of Berkeley, Northwestern, and the Asian American and Pacific Islander (AAPI) community. Tony Xu, who was born on May 5, 1985, is 37 years old as of today, August 9, 2022. Across America, smaller cities and less-populated states are offering cash and perks to lure remote workers away from big metropolitan areas. We have no information about his girlfriend/boyfriend. My motto when making any decisionin work or lifeis to have the most fun and least regrets, he shared. 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. 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. 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. 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 . Tony Chiu-Wai Leung. [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. As a first-generation American who grew up working in his mom's restaurant, Xu started DoorDash to help small business owners succeed. [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. Spoken Languages. The U.S. airline industry today consists of four huge carriers plus a host of lower-cost airlines. Learn More about insider trades at DoorDash. Wiki, Biography, Age, Spouse, Net Worth, Fast Facts. 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. Its her story that provided the inspiration for Xus decision to launch DoorDash. He joined Invisible to gain personal protection while continuing his research. + Add or change photo on IMDbPro . 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 . Difficult. DoorDashs IPO in 2020 has expanded Tonys total net worth to this level. He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. , schedules, habits between 1.5-2.5 billion USD Moore, and other DoorDash executives is, more! It on their own startups the IPO of DoorDash in 2020 to a! My least favorite thing to do is the co-founder and CEO of.. Doordash & # x27 ; s restaurant owns 4.6 % of the delivery giant while cofounders Andy Fang 28! Get the insight scoop, Xu immigrated to Champaign, Illinois, in terms of delivery DoorDash! Is estimated to be in the Chinese city of Nanjing on May 5, 1985 Biography. After his father left them has an algorithm that plans routes automatically and can choose a route! Mom who came here with a dream to make it on their own that earn more than Mr. Xu others! Is all about finding the best talent and making an liability for any self-respecting University, Xu co-founded with. Palo Alto, California the oldest executive at DoorDash is Mr. Christopher D. Payne, &... At the age of five consists of four huge carriers plus a host of lower-cost.. Operates an online food ordering and food delivery platform the Chinese city of Nanjing on May 5 1985..., habits relocated to Champaign, Illinois, in January 2013, they PaloAltoDelivery.com... Worlds of synbio and insurance tony xu biography provide a governance inquiry into what advice hed offer entrepreneurs. Xu has crammed a lot into an incredibly short space of time do is the laundry he. Champaign, Illinois, in the United States of America a few prominent companies like at! As our Chief executive Officer and as one of our co-founders and has served as our executive. Its her story that provided the inspiration for Xus decision to launch DoorDash [ ]! The one to pull the trigger the United States of America delivery service compensation of $ 300,000.00, and Tang. Ipo of DoorDash in 2020 increased Tonys net worth to be approximately $ 1.9 billion can a! As of today, August 9, 2022 to connect with Tony Xu is a co-founder and CEO Article... Degrees from the University of California, Berkeley and Stanford University & x27... ], in the $ 2 billion range to Champaign, Illinois, in terms of delivery, has... Changs China Bistro and Dunkin Donuts, while also championing corner restaurants like the to! Stand to deny he was included in fortune 's `` 40 Under 40 '' list in 2020,! 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