He stands 1.69 m tall and weighs 72 kg. 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. Despite the pressure of running DoorDash, Xus priority is clearly his family. [3], With a 56% market share, DoorDash is the largest food delivery company in the United States. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. She later opened acupuncture and medical clinics in Champaign and the San Francisco Bay Area. 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. Founder of DoorDash, Inc., Tony Xu is Chief Executive Officer & Director at this company. [36], In May 2021, DoorDash was criticized for unauthorized listings of restaurants who had not given permission to appear on the app. 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 . [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. Learn More about Tony Xu's net worth. Information on this page was last updated on 2/23/2023. See the complete profile on LinkedIn and discover Tony's connections and jobs at similar companies. Xu has served as CEO of DoorDash since 2013 and was appointed the . This page has information about Tony Xu, who We have no information about his girlfriend/boyfriend. The Estimated Net worth is $80K USD $85k. [28] That month, DoorDash became the fastest growing food delivery service. I run in the mornings two or three times during the week, and both days on the weekend, he tells sequoiacap.com. This week, food delivery giant DoorDash went public, seeing its share price skyrocket to $189 within days. Do Not Sell or Share My Personal Information. Initially, Tony along with his classmates started with an Idea of food-delivery app which will help small business owners. Master of Business Administration, Stanford Graduate School of Business; Bachelor of Arts/Science, University of California, Berkeley. 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 . His height is 1.69 m and he weighs 72 kg. [1][7] Initially, he and other DoorDash employees completed food deliveries. Drivers then only directly received the part of the tip that exceeded the guaranteed minimum per order. Tony Xu Biography. 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. He owns 4.6% plus options. Xu was born in China but moved to the US with his family when he was 4. 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 hasn't provided a bio yet. Most recently, Tony Xu sold 80,000 shares of the business's stock in a transaction on Tuesday, January 11th. His family moved to USA in 1980s and his mother also started a Chinese 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. Tony Xu CEO & Co-Founder. DoorDash has 12 members of its Management Team, which are its top executives, including CEO Tony Xu. Tony Xu, DoorDash. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. The company was formerly known as Palo Alto Delivery Inc. and changed its name to DoorDash, Inc. in 2015. Tony Xu Biography. Pulling on a pair of sneakers and hitting the pavements. DoorDash, Inc. was incorporated in 2013 and is headquartered in San Francisco, California. 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. If customers tip over a set amount for the order total, Doordash hides a portion of the tip until the delivery is complete. Learn More on DoorDash's active insiders. Spotting a gap in the market, Xu and his fellow Stanford classmates, Stanley Tang, Andy Fang, and Evan Moore, set out to fill it. 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. They have two children together. But in 2020, he was one of the highest paid CEOs in the Silicon Valley, making about 414 million USD in total compensation. Tony Xus Net Worth in 2022 Tony Xus total net worth is estimated to be approximately $2 billion as of June 2022. [45] In June 2022, the company expanded into the Wellington Region of New Zealand. In the last year, insiders at the sold shares 40 times. 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. [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. A year later, he decided hed had enough of trying to teach his classmates and teachers how to pronounce his name. 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. He has an extremely effective life both in family and profession. Actor. He changed his name when he was five. Leadership is all about finding the best talent and making an. Even more astonishingly, hes still only 35 years old. 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, (born 1985 as Xu Xun) (Chinese: ), is a Chinese-American technology executive and the co-founder and CEO of DoorDash. He and his younger sister were raised by their mother after his father left them. Tony Xu was born on May 5, 1985, and as of 2022, he will be 37 years old. Xu keeps his position as CEO and claims about 5% of the organization. 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. He holds a B.S. 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. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of four. Recurring Shark. Changs China Bistro and Dunkin Donuts, while also championing corner restaurants like the one Xu grew up in. The corporate mailing address for Mr. Xu and other DoorDash executives is , , . In 1989, his parents relocated to Champaign, Illinois, in the United States of America. Tony Xu Social Media Accounts; Tony Xu's net worth, wiki, bio, career, height, weight, pics, family, affairs, car, salary, age, facts, and other details in 2022. 1. And it was fortunate he did while studying at the university, he met and made friends with Andy Fang, Stanley Tang and Evan Moore. Tony Xu is known for being the Co-founder of Popular Start-up DoorDash which is an American on-demand food delivery service. Among the questions asked was an inquiry into what advice hed offer young entrepreneurs looking to begin their own startups. Tony Xu is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. He was photographed at Monster Pho in Oakland. . Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. 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. Additionally, Mr. Xu receives an annual salary of $300,300.00 as CEO at DoorDash. More at IMDbPro Contact Info: View agent, publicist, legal on IMDbPro. In the summer of 2013, it received $120,000 in seed money from Y . The friendship would later take on a professional bent when they joined forces to found DoorDash in 2013. 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 exact net worth is unknown. Tony Xu. [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. He was named to Fortunes 40 Under 40 rundown in 2020. Before Starting DoorDash, Tony has worked in a few prominent companies like Product at Squareand McKinsey and Company. They couldnt deal with special events like a football game or Valentines Day.. The company is based in San Francisco, California. [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]. Over the past decade, hes gone from being a student to becoming the head of one of the fastest-growing companies in the US. The oldest executive at DoorDash is Mr. Christopher D. Payne, Pres & COO, who is 54 years old. As a first-generation American who grew up working in his mom's restaurant, Xu started DoorDash to help small business owners succeed. 2 /5. In 1982, after passing the training courses of TVB, Tony became a TV actor and became famous for his comedy style in such TV shows as Tales of a Eunuch (1983) or The. 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. In 2013, Xu helped found DoorDash with Stanford classmates Andy Fang, Evan Moore and Stanley Tang. [5] Xu continues to be CEO, and owns an approximately five percent stake in the company. Find out more as we take you through ten things you didn't know about Tony Xu. Without future ado, let's learn more about Tony Xu. 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. January 11, 2022. DoorDash's delivery system can learn on its own and change based on things like the number of delivery people, the time of day, and how much food is expected to be ordered.[84]. 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. Xu met his co-founders at Stanford. 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. In 2012, this meeting was the predecessor of the transport organization PaloAltoDelivery.com. In 2013, he married his wife, Patti Xu, in church. On 9th December 2020, his company launched IPO, which made him a billionaire at such an early age. 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. Chart Data in Insider Trading History Table. [83], In terms of delivery, DoorDash has an algorithm that plans routes automatically and can choose a faster route. PALO ALTO, U.S. -- Tony Xu, co-founder and CEO of U.S. food delivery giant DoorDash, has always had a need for speed. Last week, Murdaugh took the witness stand to deny he was the one to pull the trigger. [5] In 1989, his parents immigrated to Champaign, Illinois. 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. Born prematurely in Nanjing, China, his parents decided to name him "Xun . He is around35 years old [Not Confirmed] as of 2020. Wenwu is the leader of the Ten Rings and father of Shang-Chi and Xialing. Those who joined the platform after April 5, 2018, were unaffected by the breach. Tony Xu Achievements and Awards Tony Xu is certainly not a remarkable or notable TV character, so he has no honor or achievements in his day to day existence or profession. The Mandarin is just one of the . Earlier in his career, Xu interned at Square, Inc., and worked for . Tony Xu is CEO/Co-Founder at DoorDash Inc. See Tony Xu's compensation, career history, education, & memberships. Xu was born in China but moved to the US with his family when he was 4. Recode. On December 9, 2020, the company became a public company via an initial public offering, raising $3.37 billion. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. }); If you are a Model, Tiktoker, Instagram Influencer, Fashion Blogger, or any other Social Media Influencer, who is looking to get Amazing Collaborations. The U.S. airline industry today consists of four huge carriers plus a host of lower-cost airlines. DoorDash is America's largest food delivery service. In Shang-Chi and the Legend of the Ten Rings, Tony Leung's Xu Wenwu is revealed to be the head of a shadowy international network dating back to the Middle Ages. According to a filing made public Monday, DoorDash plans to list 33 million shares, at a price range between $75 to $85 per share. [13][14], In 2020, Xu was included in Fortune's "40 Under 40" list. "[77] DoorDash and GrubHub denied the suit's merits. 11/20/2022 11:00 AM. He is Chinese by Nationality. 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. [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. Chinese and pizza restaurants could build it into their business models, but that was about the extent of it. Stern, Joanna (December 13, 2019). Being the CEO of a multi-billion dollar company is a huge achievement for any financial specialist. [75], In July 2021, DoorDash drivers went on strike to protest lack of tip transparency and to ask for higher pay. Starting with restaurants, DoorDash is building the infrastructure and logistics platform to allow any local merchant to deliver. 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. As a first-generation American who grew up working in his moms restaurant, Tony started DoorDash to help small business owners succeed. Tony Xu's Phone Number and Email Last Update. His height is 1.69 m, and he weighs 72 kg. Getting to where he is currently was not a walk in the park. 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. He started DoorDash to help small . November 12, 2018. Very difficult. 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. 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