View Tony Xu's profile on LinkedIn, the world's largest professional community. Learn More about insider trades at DoorDash. Xu keeps his position as CEO and claims about 5% of the organization. In the past Mr. Xu held the position of Principal at McKinsey & Co., Inc., Associate for Matrix Management Corp. and Principal at RedLaser. [45] In June 2022, the company expanded into the Wellington Region of New Zealand. [39], In late November 2022, DoorDash announced plans to layoff 1,250 corporate employees, or about six percent of their workforce. Wenwu is the leader of the Ten Rings and father of Shang-Chi and Xialing. 11/20/2022 11:00 AM. Xu married his wife Patti shortly after launching DoorDash. In the last year, insiders at the sold shares 40 times. Recurring Shark. 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. He owns 4.6% plus options. [2] L-R: Stanley Tang, Tony Xu, and Andy Fang; Missing: Evan Moore. [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. 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 . Do you wanna know the Tony Xu's full Biodata? 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. Mr Xu owns over 577 units of DoorDash Inc stock worth over $40,701 and over the last 2 years he sold DASH stock worth over $0. [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. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. 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. Xu Shang-Chi - Son. Find out more as we take you through ten things you didnt know about Tony Xu. Stern, Joanna (December 13, 2019). But it's too early to write off Klarna. 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. 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. On this Wikipedia the language links are at the top of the page across from the article title. We have no more information about his spouse. 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. 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. See the complete profile on LinkedIn and discover Tony's connections and jobs at similar companies. He was caught after one too many 'exploratory' trips into K&O servers, and spent time in a detention center as a result. Tony received a Bachelor of Arts degree from Amherst College and a Master of Business Administration from MIT Sloan. [36], In May 2021, DoorDash was criticized for unauthorized listings of restaurants who had not given permission to appear on the app. We have no more Information about his Father; we will try to collect information and update soon. Without future ado, let's learn more about Tony Xu. This site uses Akismet to reduce spam. Learn More on Tony Xu's trading history. Xu and his . 9 months. He is around 35 years old [Not Confirmed] as of 2020. January 11, 2022. Tony Xu is married and his wife is named Patti. [16][17][18], In January 2022, Tony Xu joined the board directors of Meta Platforms. From . Tony Xu Xu's own story, like that of many founders, begins an ocean away. "Full Q&A: DoorDash CEO Tony Xu and COO Christopher Payne on Recode Decode". 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. Getting to where he is currently was not a walk in the park. It also generated $1 billion in losses last year. But we are trying hard to collect all the information about him and will update you soon. As a first-generation American who grew up working in his mom's restaurant, Xu started DoorDash to help small business owners succeed. CEO of DoorDash. in Industrial Engineering and Operations Research from the University of California, Berkeley and an M.B.A. from the Stanford Graduate School of Business. Wiki, Biography, Age, Spouse, Net Worth, Fast Facts. Xu has crammed a lot into an incredibly short space of time. His Girlfriend/boyfriends name is Not Available. Also, we have no idea about his brother and sister, and we dont know their names either. Back in 2013, Tony Xu was looking into ideas for a business school project when he hit on a problem affecting most restaurants: delivery. Tony Xu Biography and Net Worth. As of 2023, the estimated net worth of Tony Xu ranges between 1.5-2.5 billion USD. 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. It is one of several technology companies.It uses logistics services to offer food deliveries from restaurants on-demand. 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. 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. Chinese and pizza restaurants could build it into their business models, but that was about the extent of it. [16] By March 2019, it had exceeded GrubHub in total sales, at 27.6% of the on-demand delivery market. Let's connect! Discover the habits and routines of 50 of the world's most successful people with our latest ebook, Daily Routines. Rate the pronunciation difficulty of Tony Xu. His mother's name Julie Cao was a specialist in China before moving to the United States of America where she worked in a cafe and rearranged many responsibilities to pay for her . Jackson Norriss told Trevor Slattery that the real Mandarin wasn't happy that he appropriated his name and Slattery was to be taken to him to face his punishment. About Tony Xu. To get the insight scoop, Xu decided to take a job as a delivery driver with Dominos Pizza. [25] He and his wife Patti met at church while they were undergraduates at Berkeley and married in 2013; the couple have two children. In the summer of 2013, it received $120,000 in seed money from Y . Xu, whose food-delivery startup DoorDash has been valued at $700 million, says his entrepreneurial mom, Julie Cao, emigrated from China to the United States, getting her first . Cofounders Andy Fang and Stanley Tang, who Xu met while they . Tony Xu's largest purchase order was 121,895 units, worth over $315.97K on September 16, 2021. 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. However, Forbes has estimated his net worth to be approximately $1.9 billion. Fighting for the underdog is part of who I am and what we stand for as a company. View the profiles of people named Tony Xu. Experience. His answer revealed the personal philosophy that drives his success. [7][60][61][62] Drivers receive a guaranteed minimum per order that is paid by DoorDash by default. If you know some information, please comment below. 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 . Born prematurely in Nanjing, China, his parents decided to name him "Xun . Terrible insurance policies often prevent innovative new ideas from penetrating the food and beverage industry. Learn More on Tony Xu's salary. Tony Xu CEO & Co-Founder. More at IMDbPro Contact Info: View agent, publicist, legal on IMDbPro. Write Tony Xu' 1st recommendation. 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. Pulling on a pair of sneakers and hitting the pavements. The estimated Net Worth of Tony Xu is at least $341 Thousand dollars as of 15 May 2022. Tony Xu Biography Xu was born in the Chinese city of Nanjing on May 5, 1985. [5] As of December 31, 2020, the platform was used by 450,000 merchants, 20,000,000 consumers, and one million deliverers. Tony Xu: Daily Routine. 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. [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. [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. He depicts himself as an avid ball fan and lets his ability to teach English to the game and the media. 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. 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. [83], In terms of delivery, DoorDash has an algorithm that plans routes automatically and can choose a faster route. Tony Xu is known for Entrapment (1999), Spy Game (2001) and On Dangerous Ground (1996). 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. He joined Invisible to gain personal protection while continuing his research. 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. 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. He completed his BS at UC Berkeley in Industrial Engineering and Operations Research. Across America, smaller cities and less-populated states are offering cash and perks to lure remote workers away from big metropolitan areas. Tony Xu, who was born on May 5, 1985, is 37 years old as of today, August 9, 2022. He hails from Nanjing, China. 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. As a first-generation American who grew up working in his mom's restaurant, Xu started DoorDash to help small business owners succeed. It was a different license, and we only had $250 in the bank, so we couldnt put her through school. Tony Xu cofounded restaurant delivery service DoorDash in 2013 and became a billionaire after its 2020 IPO. Xu was born in Nanjing, situated in China. History. + Add or change photo on IMDbPro . [62][63], A DoorDash customer filed a class action lawsuit against the company for its "materially false and misleading" tipping policy. 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. 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. His mother, Julie Cao, was[6] previously a doctor in China. It operates DoorDash marketplace, which provides an array of services that enable merchants to solve mission-critical challenges, such as customer acquisition, delivery, insights and analytics, merchandising, payment processing, and customer support; and offers DoorDash Drive, a white-label logistics service; DoorDash Storefront that enables merchants to offer consumers on-demand access to e-commerce. ", "2021 Edison Trends U.S. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of five. [11][12][13], In January 2013, they launched PaloAltoDelivery.com in Palo Alto, California. Xu was born in China and moved to the U.S. at age five. What are the age, height, and weight of Tony Xu? [74], On May 4, 2019, DoorDash confirmed 4.9 million customers, delivery workers and merchants had sensitive information stolen via a data breach. "As a recently IPOed company, DoorDash has failed to provide a governance . "[77] DoorDash and GrubHub denied the suit's merits. 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. The friendship would later take on a professional bent when they joined forces to found DoorDash in 2013. (1 Vote) Very easy. DoorDash had its IPO in December 2020[2][3] making Xu's net worth an estimated $2.8 billion as of April 2021. Shark Biography. 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. Meta Platforms, Inc. It would be the same household chore thats a bugbear for the rest of us. [10][70][71][72][73] Although several preliminary documents in the case have now been filed, a trial date has not yet been set. See full bio . Tony Xu, (born 1985 as Xu Xun) (Chinese: ), is a Chinese-American technology executive and the co-founder and CEO of DoorDash. [13][15], In December 2018, DoorDash overtook Uber Eats to hold the second position in total US food delivery sales, behind GrubHub. 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. 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. Mr. Xu owns 80,000 shares of DoorDash stock worth more than $4,372,800 as of February 28th. 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 a news release, Mark Zuckerberg described Xu as "a great tech leader" who "has direct experience in both running a tech company and solving complex challenges in commerce." "Tony has built a great service for millions of . [9], In 2018, DoorDash launched Project DASH, a partnership with local food security organizations to deliver donations to those in need. And it was fortunate he did while studying at the university, he met and made friends with Andy Fang, Stanley Tang and Evan Moore. BREAKING: Tiny biotech successfully treats blindness. [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]. Enter your email address below to get our daily insider buying and selling report. Tony Xu (DoorDash CEO) Wiki, Biography, Age, Family, Facts and More, Andrew Carnegie Wiki, Biography, Net Worth, Age, Family, Facts and More. He completed his BS at UC Berkeley in Industrial Engineering and Operations Research. [38], In August 2022, DoorDash announced it would end its partnership with Walmart in September, ending the companies' cooperation agreement from 2018. Drivers then only directly received the part of the tip that exceeded the guaranteed minimum per order. He was named in Fortunes 40 Under 40 list in 2020. 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 . On this Wikipedia the language links are at the top of the page across from the article title. Last week, Murdaugh took the witness stand to deny he was the one to pull the trigger. And on Dangerous Ground ( 1996 ) page across from the article title ], in 2013! Received the part of the Ten Rings and father of Shang-Chi and Xialing quot ; full &. 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