CEO of DoorDash. 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. Also, we have no information about his son and daughter. 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. BIOGRAPHY/Wiki. This company has already shown success in human trials And Our research shows that anyone who gets in today could see a 46,751% return. 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? Xu Shang-Chi - Son. It delivers meals and more from 390,000 restaurants and other merchants like CVS. Despite the pressure of running DoorDash, Xus priority is clearly his family. The IPO of DoorDash in 2020 increased Tonys net worth to this level. The company was formerly known as Palo Alto Delivery Inc. and changed its name to DoorDash, Inc. in 2015. View Tony Xu's profile on LinkedIn, the world's largest professional community. This article maps the current industry onto a traditional Monopoly board. This explains why I feel so lucky doing what I do every day.. What is Tony Xu's Past Insider Trading? From . It went public in December 2020 on NYSE and trades under the symbol DASH. L-R: Stanley Tang, Tony Xu, and Andy Fang; Missing: Evan Moore. Xu is the CEO. Starting with restaurants, DoorDash is building the infrastructure and logistics platform to allow any local merchant to deliver. 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. The food delivery platform's initial public offering pushed Xu's net worth to approximately $3.1 . He has an extremely effective life both in family and profession. 1. 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 . View the profiles of people named Tony Xu. Occupation Xu started his career as an understudy at Square, Inc., a banking and money and automated installment startup startup, and later worked on business improvements for the online business application RedLaser. When DoorDash went public in early 2021, its valuation soared to US$32 billion. Xu enjoys running and has previously competed in marathons. Xu met his co-founders at Stanford. 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? Truth be told, I find it hard to blame them. DoorDash's initial public offering in 2020, which Xu has been credited for leading,[12] made him a billionaire at the age of 36. Pronunciation of Tony Xu with 1 audio pronunciations. He joined Invisible to gain personal protection while continuing his research. [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. Hisreal name is Xu Xun. Later, he pursued an MBA from the Stanford Graduate School of Business. Chinese and pizza restaurants could build it into their business models, but that was about the extent of it. Tony Xu Biography. As a first-generation American who grew up working in his mom's restaurant, Xu started DoorDash to help small business owners succeed. Learn how your comment data is processed. [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]. He is also the CEO of a travel company called Hopper. Tony Xu, DoorDash. [17] By early 2019, DoorDash was the largest food delivery provider in the U.S., as measured by consumer spending. Tony Xu is a Managing Director at Goldman Sachs based in New York City, New York. Raza . [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. Now, his relationship is perfect. His family moved to USA in 1980s and his mother also started a Chinese Restaurant. 4. [83], In terms of delivery, DoorDash has an algorithm that plans routes automatically and can choose a faster route. DoorDash exists today to empower those like my Mom who came here with a dream to make it on their own. My motto when making any decisionin work or lifeis to have the most fun and least regrets, he shared. 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. 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. Xu Wenwu was the legendary leader of the Ten Rings, named after his ancient weapons. Tony Xu Biography Xu was born in the Chinese city of Nanjing on May 5, 1985. Tony Xu's Phone Number and Email Last Update. But we are trying hard to collect all the information about him and will update you soon. Tony Xus Net Worth in 2022 Tony Xus total net worth is estimated to be approximately $2 billion as of June 2022. He hails from Nanjing, China. "Full Q&A: DoorDash CEO Tony Xu and COO Christopher Payne on Recode Decode". $.post('https://www.wikifamouspeople.com/wp-admin/admin-ajax.php', {action: 'mts_view_count', id: '533655'}); Tony Xu Xu's own story, like that of many founders, begins an ocean away. They have two children together. DoorDash is America's largest food delivery service. Xu keeps his position as CEO and claims about 5% of the organization. I run in the mornings two or three times during the week, and both days on the weekend, he tells sequoiacap.com. 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. Meta Platforms, Inc. "As a recently IPOed company, DoorDash has failed to provide a governance . He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. Tony Xu is a Chinese-American billionaire businessman, and the co-founder and chief executive officer of DoorDash. Tony Xu, (born 1985 as Xu Xun) (Chinese: ), is a Chinese-American technology executive and the co-founder and CEO of DoorDash. His answer revealed the personal philosophy that drives his success. [3], With a 56% market share, DoorDash is the largest food delivery company in the United States. Mr. Xu received an undergraduate degree from the University of California, Berkeley and an MBA from Stanford Graduate School of Business. Johnson, Eric (January 9, 2019). Also, we have no idea about his brother and sister, and we dont know their names either. Unfortunately, her medical license wasnt recognized in the US and she was forced to give up her career to work in a restaurant instead. Tony Xus fortune is estimated to be in the $2 billion range. Find out more as we take you through ten things you didnt know about Tony Xu. Julie Cao, his mother's name, was a doctor in China before moving to the United States of America, where she worked at a restaurant and shuffled many jobs to pay for her medical . In February 2021, 55% of DoorDash's drivers were women. In 2021, Tony Xu earned a modest annual compensation of around 300,000 USD. The couple, who met in church, share a two-year-old daughter named Olivia. 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. Last week, Murdaugh took the witness stand to deny he was the one to pull the trigger. Hes been named to Fortunes 40 under 40, 7. (1 Vote) Very easy. Tony Leung Chiu Wai was born in Hong Kong on 27 June 1962. Back in 2013, Tony Xu was looking into ideas for a business school project when he hit on a problem affecting most restaurants: delivery. He holds a B.S. Being the CEO of a multi-billion dollar company is a huge achievement for any financial specialist. Earlier in his career, Xu interned at Square, Inc., and worked for McKinsey & Company, eBay, and PayPal. If customers tip over a set amount for the order total, Doordash hides a portion of the tip until the delivery is complete. 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. We have no information about his girlfriend/boyfriend. So, whats his favorite way to clear his mind? Rate the pronunciation difficulty of Tony Xu. Others named Tony Xu. Stern, Joanna (December 13, 2019). The estimated Net Worth of Tony Xu is at least $341 Thousand dollars as of 15 May 2022. He completed his BS at UC Berkeley in Industrial Engineering and Operations Research. But he hasnt done it with a traditional method. [5] As of December 31, 2020, the platform was used by 450,000 merchants, 20,000,000 consumers, and one million deliverers. [16][17][18], In January 2022, Tony Xu joined the board directors of Meta Platforms. Tony Xu Biography. [5][26], Xu enjoys running and used to participate in marathons. Tony Xu says AB5 would have disastrous results if implemented. Let's connect! Shark Biography. Former England defender Rio Ferdinand says not enough is being done to combat online abuse and hate speech. In the past Mr. Xu held the position of Principal at McKinsey & Co., Inc., Associate for Matrix Management Corp. and Principal at RedLaser. 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. Even more astonishingly, hes still only 35 years old. 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. [36], In May 2021, DoorDash was criticized for unauthorized listings of restaurants who had not given permission to appear on the app. [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. [9], In 2018, DoorDash launched Project DASH, a partnership with local food security organizations to deliver donations to those in need. Notify me of follow-up comments by email. 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. Additionally, Mr. Xu receives an annual salary of $300,300.00 as CEO at DoorDash. Written by hao. He and his co-founders started DoorDash to help local businesses like that restaurant succeed. Tony Xu Tony Xu is the co-founder and CEO of DoorDash. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. Tony Xu is focused on DoorDash's long-term vision. Save my name, email, and website in this browser for the next time I comment. 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 . Spoken Languages. Do Not Sell or Share My Personal Information. Xu has crammed a lot into an incredibly short space of time. Tony Xu CEO & Co-Founder. Mr. Xu is currently 38 years old. 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 2013, Xu helped found DoorDash with Stanford classmates Andy Fang, Evan Moore and Stanley Tang. 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. This page has information about Tony Xu, who He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. 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 . (Podcast). Since. What are the age, height, and weight of Tony Xu? Meta Platforms, Facebook's freshly-minted parent company, named DoorDash co-founder and Chief Executive Officer Tony Xu to its board of directors on Tuesday. 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. We have no more information about his spouse. Recode. Tony Xu (I) Tony Xu. Changs China Bistro and Dunkin Donuts, while also championing corner restaurants like the one Xu grew up in. [42][43] In 2021, the company expanded its service area to Sendai, Japan in June[44] and Stuttgart, Germany in November. PALO ALTO, U.S. -- Tony Xu, co-founder and CEO of U.S. food delivery giant DoorDash, has always had a need for speed. Tony Xu, MBA '13, is the cofounder and CEO of DoorDash. Learn More on DoorDash's active insiders. This net worth approximation does not reflect any other investments that Mr. Xu may own. The most recent insider tranaction occured on February, 23rd when Director Stanley J Meresman sold 15,000 shares worth more than $865,050.00. Actor: In the Mood for Love. They have two children together. DoorDash Inc. is an American on-demand prepared food delivery service. Ruthless doesnt mean demeaning people or disrespecting them, says Andrew Munday, one of DoorDashs first full-time employees. [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. Xu has stated that the eating activities of his foreign guardians, especially his mothers, influenced the making of DoorDash. [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. Participate in marathons have the most fun and least regrets, he tells sequoiacap.com, while also championing restaurants. [ 5 ] [ 17 ] By early 2019, DoorDash hides portion. On the weekend, he tells sequoiacap.com corner restaurants like the one to the... Any other investments that Mr. Xu received an undergraduate degree from the Stanford Graduate School of Business any decisionin or! 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