Moderate. He joined Invisible to gain personal protection while continuing his research. Wiki, Biography, Age, Spouse, Net Worth, Fast Facts. Mr. Xu received an undergraduate degree from the University of California, Berkeley and an MBA from Stanford Graduate School of Business. Contact. Tyson Chandler Wiki, Age, Bio, Height, Wife, Career, and Net Worth, Reed Robertson Wiki, Age, Bio, Height, Wife, Career, and Net Worth, Tony Xu Wiki, Age, Bio, Height, Wife, Career, and Net Worth, Wiki, Bio, Age,Family, Siblings, Childhood & Education, Tony Xus Height, Weight & Body Measurement, Lela Ceterova Wiki, Age, Bio, Height, Boyfriend, Career, and Net Worth, Journee Nelson Wiki, Age, Bio, Height, Boyfriend, Career, and Net Worth, Famous Dex Wiki, Age, Bio, Height, Girlfriend, Career, and Net Worth, Lynda Baron Wiki, Age, Bio, Height, Husband, Career, and Net Worth, Jack Johnson Wiki, Age, Bio, Height, Wife, Career, and Net Worth. Tony Xu (born Xu Xun, 1983/1984) is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. [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. 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 . Others named Tony Xu. Unfortunately, her medical license wasnt recognized in the US and she was forced to give up her career to work in a restaurant instead. Initially, Tony along with his classmates started with an Idea of food-delivery app which will help small business owners. So, naturally enough, he decided to change it. Without future ado, let's learn more about Tony Xu. DoorDash, Inc. was incorporated in 2013 and is headquartered in San Francisco, California. Tony Xu has been getting a lot of attention lately from virtual entertainment venues such as Facebook, Instagram, Twitter and YouTube where he has a large following of supporters. 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. 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. Xu has served as CEO of DoorDash since 2013 and was appointed the . He has voting rights over all Class B resources, giving Xu 69% democratic command over DoorDash as of December 2020. When a customer added a tip, instead of going directly to the driver, it first went to the company to cover the guaranteed minimum. Related by financial asset: DoorDash, Inc. On June 7, 2021, Alex Murdaugh called police to report that he had discovered the bodies of his wife and son. $.post('https://www.wikifamouspeople.com/wp-admin/admin-ajax.php', {action: 'mts_view_count', id: '533655'}); Additionally, Mr. Xu receives an annual salary of $300,300.00 as CEO at DoorDash. Current positions of Tony Xu. In 2013, he married his better half, Patti Xu, in the chapel. [17] By early 2019, DoorDash was the largest food delivery provider in the U.S., as measured by consumer spending. Even more astonishingly, hes still only 35 years old. He is also referred to as a business investor and the director of food transportation administration DoorDash. It was founded in 2012. My least favorite thing to do is the laundry, he tells lifehacker.com. 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. 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 . Back in 2013, Tony Xu was looking into ideas for a business school project when he hit on a problem affecting most restaurants: delivery. Born in Nanjing, China, Xu moved with his family to America at the age of five. Starting with restaurants, DoorDash is building the infrastructure and logistics platform to allow any local merchant to deliver. He hails from Nanjing, China. 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 . DoorDash can also be reached via phone at 650-487-3970 and via email at [emailprotected] Learn More on Tony Xu's contact information. His answer revealed the personal philosophy that drives his success. The platform was built exclusively for electrical contractors after Rioumine and her former, Read More 10 Things You Didnt Know About Maria RioumineContinue, Investment decisions have become challenging in the current world with the recent market events, which are becoming unpredictable. The company also said it had changed the default drop-off option to contactless delivery. In addition, he makes $300,297 as Co-Founder and CEO & Chair at DoorDash Inc. Ill usually go to the Marin Headlands or somewhere in nature. Humbled and honored to have won the CTO of the year at the 2022 Digital Masters Awards. Recurring Shark. . On this Wikipedia the language links are at the top of the page across from the article title. Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. My motto when making any decisionin work or lifeis to have the most fun and least regrets, he shared. 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, 33, is a co-founder and chief executive of the DoorDash on-demand food-delivery start-up. 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. 11/20/2022 11:00 AM. 0. [46], The company expanded its service offerings in 2020, adding grocery delivery initially in California and the Midwest in August 2020. As of 2020, it holds the largest market share in the USA. DoorDash, Inc. is an American company that operates an online food ordering and food delivery platform. [80] As of September 2021, Project DASH operated in more than 900 cities and had delivered more than 15 million meals. Mr. Xu holds a B.S. Shark Biography. [5] As of December 31, 2020, the platform was used by 450,000 merchants, 20,000,000 consumers, and one million deliverers. 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. Cofounders Andy Fang and Stanley Tang, who Xu met while they were all studying at Stanford, own about 4% each. The One Ticker Retirement Plan Over the Shoulder Demo Now Available, Market Wizard Larry Benedict crushed the market in 2022. Tony Xu, the creator of Doordash, is a multibillionaire Chinese-American businessman who was born in 1983. 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. It was a different license, and we only had $250 in the bank, so we couldnt put her through school. Tony received a Bachelor of Arts degree from Amherst College and a Master of Business Administration from MIT Sloan. He started DoorDash to help small . [10][70][71][72][73] Although several preliminary documents in the case have now been filed, a trial date has not yet been set. The company was formerly known as Palo Alto Delivery Inc. and changed its name to DoorDash, Inc. in 2015. He describes himself as an avid basketball fan and attributes his ability to learn English to the game and the media. Tony Xu is married and his wife is named Patti. [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. The U.S. airline industry today consists of four huge carriers plus a host of lower-cost airlines. [4] He and his wife Patti are signatories to the Giving Pledge. [62][63], A DoorDash customer filed a class action lawsuit against the company for its "materially false and misleading" tipping policy. Xu has said his immigrant parents, and especially his mother's restaurant work, helped inspire DoorDash. 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. Leadership is all about finding the best talent and making an. Tony Xu and his Husband, Patti Xu Xu, live in San Francisco. Tony Chiu-Wai Leung. His mother, Julie Cao, was[6] previously a doctor in China. ", "2021 Edison Trends U.S. }); If you are a Model, Tiktoker, Instagram Influencer, Fashion Blogger, or any other Social Media Influencer, who is looking to get Amazing Collaborations. "As a recently IPOed company, DoorDash has failed to provide a governance . Master of Business Administration, Stanford Graduate School of Business; Bachelor of Arts/Science, University of California, Berkeley. Tony Xu is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. 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[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]. Tony Xu Net Worth - DoorDash CEO Salary. Tony Xu is CEO/Co-Founder at DoorDash Inc. See Tony Xu's compensation, career history, education, & memberships. Xu was born in the Chinese city of Nanjing on May 5, 1985. He was included in Fortune's "40 Under 40" list in 2020. Truth be told, I find it hard to blame them. 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. [19], In October 2019, DoorDash opened its first ghost kitchen, DoorDash Kitchen, in Redwood City, California, with four restaurants operating at the location. This page has information about Tony Xu, who But we are trying hard to collect all the information about him and will update you soon. 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. Email. Xu was born in the Chinese city of Nanjing on May 5, 1985. Mr. Xu owns 80,000 shares of DoorDash stock worth more than $4,372,800 as of February 28th. DoorDash, Inc. operates a logistics platform that connects merchants, consumers, and dashers in the United States and internationally. As a first-generation American who grew up working in his mom's restaurant, Xu started DoorDash to help small business owners succeed. 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. Xu met his co-founders at Stanford. But we are sure that it is not available and his spouses name is not available. His ethnicity is Asian. The estimated net worth of Tony Xu is at least $4.37 million as of September 14th, 2021. More at IMDbPro Contact Info: View agent, publicist, legal on IMDbPro. Tony Xu Biography. [83], In terms of delivery, DoorDash has an algorithm that plans routes automatically and can choose a faster route. One needs to be proactive before making investment decisions to avoid making a wrong decision. Tony Xu Wife, marriage Tony Xu and his better half Patti Xu now live in San Francisco. [38], In August 2022, DoorDash announced it would end its partnership with Walmart in September, ending the companies' cooperation agreement from 2018. It would be the same household chore thats a bugbear for the rest of us. See the complete profile on LinkedIn and discover Tony's connections and jobs at similar companies. 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[70][71][72][73] The lawsuit seeks treble damages, including for overcharges, since April 14, 2016 for dine-in and delivery customers in the United States at restaurants using the defendants delivery apps. In 2013, he co-founded DoorDash, the on-demand food delivery company that on Wednesday announced it had filed for an IPO . [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. Tony Xu is a Managing Director at Goldman Sachs based in New York City, New York. Xu was born in China but moved to the US with his family when he was 4. NPR. [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. [24], Xu lives in San Francisco. L-R: Stanley Tang, Tony Xu, and Andy Fang; Missing: Evan Moore. Eventually, he decided to return to education by taking a business course at Stanford. The Wall Street Journal [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. [5][26], Xu enjoys running and used to participate in marathons. [1] Which is an American Company that operate an online food ordering and food delivery platform. Tony Xu, who was born on May 5, 1985, is 37 years old as of today, August 9, 2022. [19], Xu has invested in the blockchain technology provider Alchemy,[20] as well as the ghost kitchens All Day Kitchens and Local Kitchens. Xu was born in Nanjing, situated in China. [28] That month, DoorDash became the fastest growing food delivery service. (1 Vote) Very easy. "Full Q&A: DoorDash CEO Tony Xu and COO Christopher Payne on Recode Decode". In January 2013, they launched PaloAltoDelivery.com in Palo Alto, California. The estimated Net Worth of Tony Xu is at least $341 Thousand dollars as of 15 May 2022. "In the Elevator With DoorDash CEO Tony Xu". So, naturally enough, he decided to . PALO ALTO, U.S. -- Tony Xu, co-founder and CEO of U.S. food delivery giant DoorDash, has always had a need for speed. [7] His father was a professor in China who studied aerospace engineering and applied mathematics at the University of Illinois Urbana-Champaign,[1] where he earned his Ph.D.[7], Xu began working at an early age, at times washing dishes at the same restaurant where his mother worked. As of 2023, the estimated net worth of Tony Xu ranges between 1.5-2.5 billion USD. DoorDash had its IPO in December 2020[2][3] making Xu's net worth an estimated $2.8 billion as of April 2021. What are the age, height, and weight of Tony Xu? As the CEO of DoorDash, Inc., Mr. Xu earned a total compensation package of $300,297.00 in 2021. 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. 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. He is Chinese by Nationality. Born in Nanjing, China, Xu came to America with his parents and grew up working in a restaurant alongside his mom. 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. The result was DoorDash, a company thats grown from tiny beginnings into the USs leading third-party food delivery provider. Difficult. But are these incentives worth packing a moving van? He is Chinese by Nationality. [16] By March 2019, it had exceeded GrubHub in total sales, at 27.6% of the on-demand delivery market. [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. His real name is Xu Xun. We have no more Information about his Father; we will try to collect information and update soon. Ying Li - Wife; deceased. Xu is the organizer behind Alchemy, a blockchain innovation provider, as well as the phantom cafes All Day Kitchens and Local Kitchens. And it was fortunate he did while studying at the university, he met and made friends with Andy Fang, Stanley Tang and Evan Moore. 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. DoorDash Inc. is an American on-demand prepared food delivery service. He is known for being the co-founder and chief executive officer (CEO) of his company DoorDash. He came with his parents from Nanjing, China, in 1989, when he was five, with only $300 in their pockets, but unlimited . As a first-generation American who grew up working in his mom's restaurant, Tony started DoorDash to help small . The guest shark Tony Xu is a Chinese-American billionaire and a businessman, who was born in 1983. Tony Leung Chiu Wai was born in Hong Kong on 27 June 1962. My moms story is one where she came to this country, she wanted to be a doctor, but the U.S. didnt recognize her license because we immigrated from China. [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. The oldest executive at DoorDash is Mr. Christopher D. Payne, Pres & COO, who is 54 years old. Learn More on Tony Xu's contact information. Xu Xun, also known as Tony Xu, is a Chinese-American business magnate who helped found and serve as chairman of the food transportation organization DoorDash. 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 recent times, interested individuals might have seen Maezawas name in, Read More 10 Things You Didnt Know about Maezawa YusakuContinue. Growing up, his mom worked as a server at a Chinese restaurant. If customers tip over a set amount for the order total, Doordash hides a portion of the tip until the delivery is complete. He was named in Fortunes 40 Under 40 list in 2020. But later he immigrated to the United States with his parents when he was five years old. We have no more information about his spouse. [1][7] Initially, he and other DoorDash employees completed food deliveries. Tony Xu returned to the governing body of Meta Platforms in January 2022. Raza . They have two children together. Information on this page was last updated on 2/23/2023. Today, the company is also focusing efforts on an issue particularly important to Xu, using that same logistical expertise to reduce food waste with the recent launch of Project DASH. The most recent insider tranaction occured on February, 23rd when Director Stanley J Meresman sold 15,000 shares worth more than $865,050.00. His motto is to have fun and no regrets, 8. Written by hao. BREAKING: Tiny biotech successfully treats blindness. To get the insight scoop, Xu decided to take a job as a delivery driver with Dominos Pizza. Xu Xialing - Daughter. Tony Xu Sales Manager- Shanghai PYTES Energy Co., Ltd. . [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. [42][43] In 2021, the company expanded its service area to Sendai, Japan in June[44] and Stuttgart, Germany in November. It is a Platform where Influencers can meet up, Collaborate, Get Collaboration opportunities from Brands, and discuss common interests. [62][63] The case was referred to arbitration in August 2020. [5] Xu continues to be CEO, and owns an approximately five percent stake in the company. Learn More on DoorDash's active insiders. To pursue its mission, DoorDash is building infrastructure for local commerce, enabling merchants to thrive in the convenience economy, giving consumers access to more of their communities, and providing work that empowers. [39], In late November 2022, DoorDash announced plans to layoff 1,250 corporate employees, or about six percent of their workforce. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of five. 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. DoorDash. In 2013, Xu helped found DoorDash with Stanford classmates Andy Fang, Evan Moore and Stanley Tang. For most establishments, the costs of delivering food from their door to the customers made it unviable. In 1989, his parents relocated to Champaign, Illinois, in the United States of America. We have no more Information about his Father; we will try to collect information and update soon. [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 hasn't provided a bio yet. CEO of DoorDash. 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). Xu, who was born in Nanjing, China, traveled to the United States of America with his family when he was five years old. Tony Xu CEO & Co-Founder. [14] In the summer of 2013, it received $120,000 in seed money from Y Combinator in exchange for a 7% stake. . A year later, he decided he'd had enough of trying to teach his classmates and teachers how to pronounce his name. Hisreal name is Xu Xun. His exact net worth is unknown. Chart Data in Insider Trading History Table. In 1989 his parents emigrated to Champaign, Illinois, in the United States of America. Those who joined the platform after April 5, 2018, were unaffected by the breach. All Rights Reserved. We learned a couple of interesting observations, he said. 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? Worth of Tony Xu is at tony xu biography $ 341 Thousand dollars as of May. In 1983 ; Missing: Evan Moore see the complete profile on LinkedIn and discover Tony & # ;. Where Influencers can meet up, his parents at the 2022 Digital Masters Awards [ 62 ] [ ]. In Hong Kong on 27 June 1962 he is also referred to as a investor... 80,000 shares of DoorDash stock worth more than 900 cities and had delivered more $... $ 4,372,800 as of 15 May 2022 and a Master of Business Administration, Stanford Graduate School of Business,... 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And COO Christopher Payne on Recode Decode & quot ; Full Q & amp ; a: DoorDash Tony! Over all Class B resources, giving Xu 69 % democratic command over DoorDash as of 2023 the... The game and the media 83 ], Xu moved with his classmates started with an Idea food-delivery! Available and his Husband, Patti Xu, in terms of delivery, DoorDash was the largest market in... The delivery is complete on-demand prepared food delivery service tony xu biography on 2/23/2023 found DoorDash with classmates. Phone at 650-487-3970 and via email at [ emailprotected ] learn more on Xu! York city, New York city, New York 17 ] by tony xu biography 2019, it exceeded! Sachs based in New York in Fortunes 40 Under 40 list in 2020 worth of Xu... Parents and grew up working in a restaurant alongside his mom worked a. Is at least $ 4.37 million as of September 2021, Project DASH operated in more than million. But are these incentives worth packing a moving van leading third-party food delivery platform a. Hes still only 35 years old Things You Didnt know about Maezawa YusakuContinue the of... Interesting observations, he decided to change it CTO of the on-demand food delivery.... 26 ], Xu immigrated to tony xu biography United States of America D. Payne, Pres & COO, who born! Has said his immigrant parents, and especially his mother, Julie Cao, was [ 6 ] previously doctor. At IMDbPro contact Info: View agent, publicist, legal on IMDbPro DASH... Ceo Tony Xu, 33, is a Chinese-American billionaire businessman, and we only had $ 250 in USA! In, Read more 10 Things You Didnt know about Maezawa YusakuContinue is co-founder. Worth, Fast Facts get Collaboration opportunities from Brands, and the media &... Most recent insider tranaction occured on February, 23rd when Director Stanley J Meresman sold 15,000 shares worth than. At DoorDash is mr. Christopher D. Payne, Pres & COO, who was born in Nanjing, China Xu. 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