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 Leung Chiu Wai was born in Hong Kong on 27 June 1962. [25] He and his wife Patti met at church while they were undergraduates at Berkeley and married in 2013; the couple have two children. DoorDash co-founder and CEO Tony Xu has joined Meta's board of directors, the Facebook parent company announced on Tuesday. The experience proved invaluable, as he later discussed with davidsnotes.substack.com. DoorDash is focused on being the restaurant industrys last-mile solution and has grown into a $700 million leader in the on-demand space. All Rights Reserved. Changs China Bistro and Dunkin Donuts, while also championing corner restaurants like the one Xu grew up in. Tony Xu, CEO of DoorDash, is the Business Times' 2021 Executive of the Year. When a customer added a tip, instead of going directly to the driver, it first went to the company to cover the guaranteed minimum. She later opened acupuncture and medical clinics in Champaign and the San Francisco Bay Area. In a message released to the public, Xu offered 17 weeks severance and 2023 . Mr. Xu is currently 38 years old. 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. 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. [9], In 2018, DoorDash launched Project DASH, a partnership with local food security organizations to deliver donations to those in need. Now, his relationship is perfect. Current positions of Tony Xu. 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. 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. 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. More at IMDbPro Contact Info: View agent, publicist, legal on IMDbPro. Tony Xu's . 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? [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. Xu was born in China and moved to the U.S. at age five. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. While the company has . Tony Xu's Height, Weight & Body Measurement. He has an extremely effective life both in family and profession. 1. Xu was born in China but moved to the US with his family when he was 4. He is around 35 years old [Not Confirmed] as of 2020. She later opened needle therapy and wellness centers in Champaign and the San Francisco Bay Area. [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]. 9 months. DoorDash's initial public offering in 2020, which Xu has been credited for leading,[12] made him a billionaire at the age of 36. As the CEO of DoorDash, Inc., Mr. Xu earned a total compensation package of $300,297.00 in 2021. DoorDash is America's largest food delivery service. Actor. 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. [2] His answer revealed the personal philosophy that drives his success. ", "2021 Edison Trends U.S. "Our new Managing Directors represent the best of our firm's dedication to excellence, leadership and client service, and . With a 5.2 percent interest in DoorDash, CEO Tony Xu is the company's largest shareholder. Tony Xu, the creator of Doordash, is a multibillionaire Chinese-American businessman who was born in 1983. [4] He and his wife Patti are signatories to the Giving Pledge. But we are trying hard to collect all the information about him and will update you soon. According to a filing made public Monday, DoorDash plans to list 33 million shares, at a price range between $75 to $85 per share. Hisreal name is Xu Xun. After graduating, he spent several years working in tech with the likes of McKinsey and eBay. Tony Xu, who was born on May 5, 1985, is 37 years old as of today, August 9, 2022. Tony Xu: Daily Routine. Tony Xu cofounded restaurant delivery service DoorDash in 2013 and became a billionaire after its 2020 IPO. 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. 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. Aanika Biosciences has married the worlds of synbio and insurance to provide companies security to innovate freely. It just means a really, really high standard. He was caught after one too many 'exploratory' trips into K&O servers, and spent time in a detention center as a result. Xu owns 4.6% of the delivery giant while cofounders Andy Fang, 28 . He was interviewed by Joy Huang, MBA '21, on February 9, 2021 as part of the View From The Top speake. They have two children together. It also generated $1 billion in losses last year. BIOGRAPHY/Wiki. Tony Xu. Tony Xu Biography. View the profiles of people named Tony Xu. [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]. 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. January 11, 2022. Difficult. In 2013, he married his wife, Patti Xu, in church. Tony Xus Net Worth in 2022 Tony Xus total net worth is estimated to be approximately $2 billion as of June 2022. 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. Mr. Xu holds a B.S. So, we started the company wanting to help people like her., When the idea for Doordash was still in its infancy, Xu and his fellow founders were eager to learn as much about the food delivery business as possible. About Tony Xu. Growing up, his mom worked as a server at a Chinese restaurant. His date of birth is 1985. Written by hao. Xu has served as CEO of DoorDash since 2013 and was appointed the . Tony Xu is a Chinese-American billionaire businessman, and the co-founder and chief executive officer 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. Most recently, Tony Xu sold 80,000 shares of the business's stock in a transaction on Tuesday, January 11th. 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. 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. 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. The high share price, coupled with the recent valuation of $32 billion, has made three of DoorDash's founders Tony Xu, Andy Fang, and Stanley Tang overnight billionaires. BREAKING: Tiny biotech successfully treats blindness. 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? He was named to Fortunes 40 Under 40 rundown in 2020. 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. There are 6 older executives and no younger executives at DoorDash. 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. 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. Tony Xu at Bloomberg News "DoorDash: Tony Xu". See the complete profile on LinkedIn and discover Tony's connections and jobs at similar companies. It was founded in 2012. October 26th, 2022, 2:06 PM PDT. Fill out the form or send an email to tonyxujournalism@gmail.comtonyxujournalism@gmail.com Tony Xu is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. "Full Q&A: DoorDash CEO Tony Xu and COO Christopher Payne on Recode Decode". This page has information about Tony Xu, who [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. His mothers 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 doctorate degree. [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. [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. In the summer of 2013, it received $120,000 in seed money from Y . jQuery(document).ready(function($) { [13][15], In December 2018, DoorDash overtook Uber Eats to hold the second position in total US food delivery sales, behind GrubHub. He started DoorDash to help small . Mr. Xu received an undergraduate degree from the University of California, Berkeley and an MBA from Stanford Graduate School of Business. He most recently served as a task director for McKinsey and Company and as a systems execution expert for applications such as eBay and PayPal. We connect brands with social media talent to create quality sponsored content. Dr. Tony Xu was a brilliant researcher who rose to prominence at the University of Hong Kong. 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 Tony Xu is the co-founder and CEO of DoorDash. Born in Nanjing, China, Xu moved with his family to America at the age of five. Its less than 10 seconds watch it here. He was included in Fortune's "40 Under 40" list in 2020. Discover the habits and routines of 50 of the world's most successful people with our latest ebook, Daily Routines. Tony Xu, who was born on May 5, 1985, is 37 years old as of today, August 9, 2022. Moderate. Later, he pursued an MBA from the Stanford Graduate School of Business. My motto when making any decisionin work or lifeis to have the most fun and least regrets, he shared. Stern, Joanna (December 13, 2019). But in 2020, he was one of the highest paid CEOs in the Silicon Valley, making about 414 million USD in total compensation. [74], On May 4, 2019, DoorDash confirmed 4.9 million customers, delivery workers and merchants had sensitive information stolen via a data breach. The most recent insider tranaction occured on February, 23rd when Director Stanley J Meresman sold 15,000 shares worth more than $865,050.00. Meta today announced that Tony Xu, co-founder and CEO of DoorDash, Inc., has been elected to the company's board of directors, effective immediately. He was photographed at Monster Pho in Oakland. We have no information about his girlfriend/boyfriend. They sold a total of 800,309 shares worth more than $63,347,607.21. If you know some information, please comment below. The result was DoorDash, a company thats grown from tiny beginnings into the USs leading third-party food delivery provider. Truth be told, I find it hard to blame them. Back in 2018, Xu took part in a question/ answer session at Quora (https://www.quora.com/profile/Tony-Xu). The food delivery platform's initial public offering pushed Xu's net worth to approximately $3.1 . 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. [40], DoorDash began expanding into international markets in 2015, launching in Toronto, Canada. He was named in Fortunes 40 Under 40 list in 2020. [80] As of September 2021, Project DASH operated in more than 900 cities and had delivered more than 15 million meals. The guest shark Tony Xu is a Chinese-American billionaire and a businessman, who was born in 1983. Tony Xu is a Managing Director at Goldman Sachs based in New York City, New York. Xu has said his immigrant parents, and especially his mother's restaurant work, helped inspire DoorDash. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of five. 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. Fathers name is Not Available. 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. Xu was born in Nanjing, China. He is also referred to as a business investor and the director of food transportation administration DoorDash. His height is 1.69 m, and he weighs 72 kg. Xu has stated that the eating activities of his foreign guardians, especially his mothers, influenced the making of DoorDash. He is around35 years old [Not Confirmed] as of 2020. It is a Platform where Influencers can meet up, Collaborate, Get Collaboration opportunities from Brands, and discuss common interests. He holds a B.S. He is also the CEO of a travel company called Hopper. [1][7] Initially, he and other DoorDash employees completed food deliveries. The oldest executive at DoorDash is Mr. Christopher D. Payne, Pres & COO, who is 54 years old. Despite the pressure of running DoorDash, Xus priority is clearly his family. But later he immigrated to the United States with his parents when he was five years old. Read More . His mother, Julie Cao, was[6] previously a doctor in China. Not much is known about his family and his personal Life. The One Ticker Retirement Plan Over the Shoulder Demo Now Available, Market Wizard Larry Benedict crushed the market in 2022. It was really hard for a small business to know how many drivers they need. India FM Jaishankar says Soros dangerous, debate needed on democracy, Buffett's Berkshire profit falls on investments, currencies, Bill Gates buys Heineken stake, despite saying he's 'not a big beer drinker', Musk donated around $1.95 billion in Tesla shares last year, Hedge fund manager Chris Hohn demands Airbus drop Atos deal - letter, Elon Musk recruits team to develop OpenAI rival - The Information, Elon Musk's challenge: Stay ahead of the competition, ISS urges Apple shareholders to vote for CEO Tim Cook, other execs' pay packages, French tycoon Niel hikes stake in Millicom to 19.6%, Elon Musk accuses media of racism after newspapers drop 'Dilbert' cartoon, Transcript : DoorDash, Inc., Q4 2022 Earnings Call, Feb 16, 2023, DoorDash's Slowing Core Order Growth in US 'Too Important to Ignore' as RBC Downgrades, Cuts Price Target, DoorDash Downgraded by RBC to Sector Perform From Outperform, Price Target Cut to $60 From $70 Amid Order Growth Concerns, DoorDash cuts 1,250 jobs to control ballooning costs, DoorDash Remains Focused on Long-Term Opportunity, Goldman Says After Quarterly Revenue Beat. His Girlfriend/boyfriends name is Not Available. Experience. DoorDash exists today to empower those like my Mom who came here with a dream to make it on their own. [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. Actor: In the Mood for Love. [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. Others named Tony Xu. [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.
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