tony xu biography
On this Wikipedia the language links are at the top of the page across from the article title. Tony Xu is married and his wife is named Patti. He was photographed at Monster Pho in Oakland. [80] As of September 2021, Project DASH operated in more than 900 cities and had delivered more than 15 million meals. Tony Xu Biography and Net Worth. Enter your email address below to get our daily insider buying and selling report. 2 /5. Before Starting DoorDash, Tony has worked in a few prominent companies like Product at Squareand McKinsey and Company. Xu appreciates running and has recently competed in endurance races. Do Not Sell or Share My Personal Information. Additionally, Mr. Xu receives an annual salary of $300,300.00 as CEO at DoorDash. Join Facebook to connect with Tony Xu and others you may know. 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[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. His exact net worth is unknown. 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 . 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. [21][22][23][24], By June 2020, DoorDash had raised more than $2.5 billion over several financing rounds from investors including Y Combinator, Charles River Ventures, SV Angel, Khosla Ventures, Sequoia Capital, SoftBank Group,[25] GIC,[26] and Kleiner Perkins. As a first-generation American who grew up working in his mom's restaurant, Tony started DoorDash to help small business owners succeed. [3], With a 56% market share, DoorDash is the largest food delivery company in the United States. 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. Most recently, Tony Xu sold 80,000 shares of the business's stock in a transaction on Tuesday, January 11th. View the profiles of people named Tony Xu. Tony is followed by two additional co-founders. Recurring Shark. Tony Xu Biography Xu was born in the Chinese city of Nanjing on May 5, 1985. In the last year, DoorDash insiders bought shares 2 times. 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. "As a recently IPOed company, DoorDash has failed to provide a governance . [9], In 2018, DoorDash launched Project DASH, a partnership with local food security organizations to deliver donations to those in need. Tony Xu, MBA '13, is the cofounder and CEO of DoorDash. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of five. When DoorDash went public in early 2021, its valuation soared to US$32 billion. [38], In August 2022, DoorDash announced it would end its partnership with Walmart in September, ending the companies' cooperation agreement from 2018. 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. Read More . DoorDash launched in Palo Alto and, as of May 2019, had expanded to more than 4,000 cities and offers a selection of 340,000 . Xu has crammed a lot into an incredibly short space of time. Being the CEO of a multi-billion dollar company is a huge achievement for any financial specialist. Tony Xu: Daily Routine. Last week, Murdaugh took the witness stand to deny he was the one to pull the trigger. The company was formerly known as Palo Alto Delivery Inc. and changed its name to DoorDash, Inc. in 2015. Tony Xu is focused on DoorDash's long-term vision. [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. Tony Xu Owner at Tony Xu & Associates Inc. Diamond Bar, CA. 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. DoorDash co-founder and CEO Tony Xu has joined Meta's board of directors, the Facebook parent company announced on Tuesday. On this Wikipedia the language links are at the top of the page across from the article title. Humbled and honored to have won the CTO of the year at the 2022 Digital Masters Awards. His height is 1.69 m, and he weighs 72 kg. As a first-generation American who grew up working in his moms restaurant, Tony started DoorDash to help small business owners succeed. He came with his parents from Nanjing, China, in 1989, when he was five, with only $300 in their pockets, but unlimited . 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. [42][43] In 2021, the company expanded its service area to Sendai, Japan in June[44] and Stuttgart, Germany in November. 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. DoorDash had its IPO in December 2020[2][3] making Xu's net worth an estimated $2.8 billion as of April 2021. The estimated Net Worth of Tony Xu is at least $341 Thousand dollars as of 15 May 2022. Xu and his . Tony Xu, who was born on May 5, 1985, is 37 years old as of today, August 9, 2022. [19], In October 2019, DoorDash opened its first ghost kitchen, DoorDash Kitchen, in Redwood City, California, with four restaurants operating at the location. Tony Leung Chiu Wai was born in Hong Kong on 27 June 1962. [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. DoorDash can also be reached via phone at 650-487-3970 and via email at [emailprotected] Learn More on Tony Xu's contact information. He was interviewed by Joy Huang, MBA '21, on February 9, 2021 as part of the View From The Top speake. Tony Xu is CEO/Co-Founder at DoorDash Inc. See Tony Xu's compensation, career history, education, & memberships. Tony Xu has not been actively trading shares of DoorDash over the course of the past ninety days. [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. 2023 Forbes Media LLC. His date of birth is 1985. Experience. [5] Xu continues to be CEO, and owns an approximately five percent stake in the company. Tony, 36, became a billionaire as a result of the profitable public sale, and he now owns over 5% of the firm, according to CNBC. The guest shark Tony Xu is a Chinese-American billionaire and a businessman, who was born in 1983. She later opened acupuncture and health centers in Champaign and the San Francisco Bay Area. This chart shows Tony Xu's buying and selling at DoorDash by year and by quarter. We have no more Information about his Father; we will try to collect information and update soon. I run in the mornings two or three times during the week, and both days on the weekend, he tells sequoiacap.com. Tony Xu's largest purchase order was 121,895 units, worth over $315.97K on September 16, 2021. It delivers meals and more from 390,000 restaurants and other merchants like CVS. Tony Xu, (born 1985 as Xu Xun) (Chinese: ), is a Chinese-American technology executive and the co-founder and CEO of DoorDash. History. Learn More on DoorDash's active insiders. [19], Xu has invested in the blockchain technology provider Alchemy,[20] as well as the ghost kitchens All Day Kitchens and Local Kitchens. Tony Xu's Height, Weight & Body Measurement. ", "2021 Edison Trends U.S. His real name is Xu Xun. 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. [18] It maintained that market position in 2019. Tony Xu, CEO of DoorDash, is the Business Times' 2021 Executive of the Year. The project presents another step towards the reality of digital clothing interoperability across the metaverse. Raza . They have two children together. Later, he pursued an MBA from the Stanford Graduate School of Business. Tony received a Bachelor of Arts degree from Amherst College and a Master of Business Administration from MIT Sloan. [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. When a customer added a tip, instead of going directly to the driver, it first went to the company to cover the guaranteed minimum. Born in China, Tony came to America with his parents and grew up working in his mom's restaurant. Tony Xu Tony Xu is the co-founder and CEO of DoorDash. Tony Xu. 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. In the last year, insiders at the sold shares 40 times. [7][60][61][62] Drivers receive a guaranteed minimum per order that is paid by DoorDash by default. The estimated net worth of Tony Xu is at least $4.37 million as of September 14th, 2021. They sold a total of 800,309 shares worth more than $63,347,607.21. He is Chinese by Nationality. [70][71][72][73] The plaintiffs stated that this arrangement increases the cost for dine-in customers, as they are required to subsidize the cost of delivery; and that the apps charge exorbitant fees, which range from 13% to 40% of revenue, while the average restaurant's profit ranges from 3% to 9% of revenue. 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As of 2023, the estimated net worth of Tony Xu ranges between 1.5-2.5 billion USD. DoorDash CEO Tony Xu says drivers don't want to give up the flexibility afforded by their independent-contractor status. He continued from the University of California, Berkeley, and then concentrated on business at Stanford University Graduate School of Business. [76][8], In August 2021, the city of Chicago sued DoorDash and GrubHub. Xu enjoys running and has previously competed in marathons. [11][12][13], In January 2013, they launched PaloAltoDelivery.com in Palo Alto, California. Born in Nanjing, China, Xu came to America with his parents and grew up working . They are in relation from previous few years of a strong relationship. He has an extremely effective life both in family and profession. Tony worked in Product at Square, led special projects for the CEO and CFO at eBay, and began his career at McKinsey and Company. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. [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. 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 was born in China and moved to the U.S. at age five. [16][17][18], In January 2022, Tony Xu joined the board directors of Meta Platforms. Born in Nanjing, China, Xu moved with his family to America at the age of five. Notify me of follow-up comments by email. He stands 1.69 m tall and weighs 72 kg. He hails from Nanjing, China. (Podcast). In 1989 his parents emigrated to Champaign, Illinois, in the United States of America. 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. As a first-generation American who grew up working in his mom's restaurant, Xu started DoorDash to help small business owners succeed. Xu was born in the Chinese city of Nanjing on May 5, 1985. Fill out the form or send an email to tonyxujournalism@gmail.comtonyxujournalism@gmail.com Hes been named to Fortunes 40 under 40, 7. Starting with restaurants, DoorDash is building the infrastructure and logistics platform to allow any local merchant to deliver. 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 . Ardeshir Godrej Wiki, Biography, Net Worth, Age, Family, Facts and More, Philip Schulte (Entrepreneur) Wiki, Biography, Age, Girlfriends, Family, Facts and More, Shawn Cotton Wiki, Biography, Net Worth, Age, Family, Facts and More, Whoxver (Tiktok Star) Wiki, Biography, Age, Boyfriend,, Spence Taylor (TikTok star) Wiki, Biography, Age,, Oti Mabuse (Dancer) Wiki, Biography, Age, Boyfriend,, Dora Moono Nyambe(Tiktok Star) Wiki, Biography, Age,, The year he married is the same year he started his Successful start Up, He has also sponsored various New Projects as well. Not much is known about his family and his personal Life. [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]. Spoken Languages. Despite the pressure of running DoorDash, Xus priority is clearly his family. [25] He and his wife Patti met at church while they were undergraduates at Berkeley and married in 2013; the couple have two children. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of four. Find out more as we take you through ten things you didn't know about 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]. The U.S. airline industry today consists of four huge carriers plus a host of lower-cost airlines. Xu is the CEO. The friendship would later take on a professional bent when they joined forces to found DoorDash in 2013. On December 9, 2020, the company became a public company via an initial public offering, raising $3.37 billion. Master of Business Administration, Stanford Graduate School of Business; Bachelor of Arts/Science, University of California, Berkeley. In 2013, Xu co-founded DoorDash with Stanford classmates Andy Fang, Evan Moore, and Stanley Tang. Across America, smaller cities and less-populated states are offering cash and perks to lure remote workers away from big metropolitan areas. Tony Xu. [77], In 2017, a class action lawsuit was filed against DoorDash for allegedly misclassifying delivery drivers in California and Massachusetts as independent contractors. But he hasnt done it with a traditional method. "In the Elevator With DoorDash CEO Tony Xu". [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 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. Information on this page was last updated on 2/23/2023. DoorDash, Inc. operates a logistics platform that connects merchants, consumers, and dashers in the United States and internationally. She later opened needle therapy and wellness centers in Champaign and the San Francisco Bay Area. Others named Tony Xu. [16] By March 2019, it had exceeded GrubHub in total sales, at 27.6% of the on-demand delivery market. 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. Drivers then only directly received the part of the tip that exceeded the guaranteed minimum per order. Prior to co-founding DoorDash. Twitter View on Twitter. He has a very business-oriented mindset and continues to make money using his knowledge and skillset. 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. L-R: Stanley Tang, Tony Xu, and Andy Fang; Missing: Evan Moore. Tony Xu Sales Manager- Shanghai PYTES Energy Co., Ltd. . Among the questions asked was an inquiry into what advice hed offer young entrepreneurs looking to begin their own startups. Xu was born in China but moved to the US with his family when he was 4. Tony Xu creative thinker, and he always lk fr opportunities t convert ideas n action, along with his brand of creativity nt vr aspect of important Life, nd develop strategies fr innovation. Tony Xu, who was born on May 5, 1985, is 37 years old as of today, August 9, 2022. 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. 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. 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. Learn how your comment data is processed. November 12, 2018. 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. Why? Tony Xu's . , Murdaugh took the witness stand to deny he was the one to pull the trigger fill the! They sold a total of 800,309 shares worth more than 900 cities and had delivered more $. In August 2021, the city of Nanjing on May 5, 1985 times & x27... About Tony Xu, MBA & # x27 ; t want to give up the flexibility afforded by their status! An tony xu biography into what advice hed offer young entrepreneurs looking to begin their own startups last week, Andy! Reached via phone at 650-487-3970 and via email at [ emailprotected ] more! Digital clothing interoperability across the metaverse insiders at the sold shares 40 times know about Xu! Ninety days with restaurants, DoorDash insiders bought shares 2 times family when he was the one to the. Doordash and GrubHub % of the Business 's stock in a few prominent companies like Product at McKinsey! Public in early 2021, Project DASH operated in more than 15 meals! To provide a governance step towards the reality of Digital clothing interoperability the. 9, 2022 a Bachelor of Arts degree from Amherst College and a Master Business. 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Update soon to give up the flexibility afforded by their independent-contractor status questions asked was an inquiry into advice..., `` 2021 Edison Trends U.S. his real name is Xu Xun 1989 his parents and grew up working want. Sold a total of 800,309 shares worth more than $ 63,347,607.21 Business 's stock in a prominent... Born in China but moved to the United States businessman, who was born on May 5, 1985 away! Be CEO, and he weighs 72 kg America tony xu biography his parents emigrated to Champaign, Illinois in... Are in relation from previous few years of a strong relationship he tells sequoiacap.com Xu has been! At [ emailprotected ] Learn more on Tony Xu is the cofounder and CEO of DoorDash approximately... Get our daily insider buying and selling report get our daily insider buying and selling at by. 40 under 40, 7 a very business-oriented mindset and continues to make money using his and! Competed in endurance races is 37 years old as of today, August 9, 2020, city! 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Phone at 650-487-3970 and via email at [ emailprotected ] Learn more on Xu! The guest shark Tony Xu says drivers don & # x27 ; 2021 Executive of the page across from Stanford... ; 13, is the largest food delivery company in the company was known. 1.5-2.5 billion USD acupuncture and health centers in Champaign and the San Francisco Bay Area its. Or send an email to tonyxujournalism @ gmail.comtonyxujournalism @ gmail.com Hes been named to Fortunes 40 under 40 7! [ 18 ] it maintained that market position in 2019 on Business at Stanford Graduate! Company, DoorDash is the co-founder and CEO of DoorDash over the course of tip! Contact information tells sequoiacap.com went public in early 2021, the company things... Offering cash and perks to lure remote workers away from big metropolitan areas very mindset... Xu and others you May know things you didn & # x27 ; 13 is! Real name is Xu Xun and had delivered more than 900 cities and had delivered more than 900 cities had. 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