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. Most recently, Tony Xu sold 80,000 shares of the business's stock in a transaction on Tuesday, January 11th. [64] Under pressure, the company revised its policy. Xu keeps his position as CEO and claims about 5% of the organization. While many people who venture into the Disney Parks think of the service as a way to simply get their photo taken in front of the major park icons, theres a lot more to Disney PhotoPass than a click of the shutter button. They are in relation from previous few years of a strong relationship. [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. 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. 4. Tony Xu, 33, is a co-founder and chief executive of the DoorDash on-demand food-delivery start-up. "As a recently IPOed company, DoorDash has failed to provide a governance . Tony Xu Biography. Prior to co-founding DoorDash. BIOGRAPHY/Wiki. [42][43] In 2021, the company expanded its service area to Sendai, Japan in June[44] and Stuttgart, Germany in November. Xu enjoys running and has previously competed in marathons. But we are trying hard to collect all the information about him and will update you soon. Stern, Joanna (December 13, 2019). . (Podcast). He was appointed board chair in November 2020. Born in Nanjing, China, Xu came to America with his parents and grew up working . We have no more Information about his Father; we will try to collect information and update soon. But we are sure that it is not available and his spouses name is not available. Tony Xu Biography and Net Worth. [17] By early 2019, DoorDash was the largest food delivery provider in the U.S., as measured by consumer spending. 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. Tony Xu Biography Xu was born in the Chinese city of Nanjing on May 5, 1985. 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. As a first-generation American who grew up working in his mom's restaurant, Xu 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. Difficult. [4] It also has a 60% market share in the convenience delivery category. November 12, 2018. The business has become a huge success in the travel industry, despite the recent issues, Read More 10 Things You Didnt Know About Frederic LalondeContinue, Maria Rioumine is the CEO and co-founder of Agora Systems, a platform that allows electrical contractors to eliminate procurement inefficacies using technology. [1][7] He has voting authority over all Class B shares, giving him control of DoorDash with 69 percent of the voting interest, as of December 2020. One needs to be proactive before making investment decisions to avoid making a wrong decision. 9 months. [7][8][9][10], In late 2012, Stanford University students Tony Xu, Stanley Tang, Andy Fang and Evan Moore were getting feedback on a mobile app for small business owners when a macaroon store owner told them of her challenges meeting demand for deliveries. Tony Xu. He is known for being the co-founder and chief executive officer (CEO) of his company DoorDash. Getting to where he is currently was not a walk in the park. 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. DoorDash's initial public offering in 2020, which Xu has been credited for leading,[12] made him a billionaire at the age of 36. "In the Elevator With DoorDash CEO Tony Xu". Being the CEO of a multi-billion dollar company is a huge achievement for any financial specialist. Tony Xu (DoorDash CEO) Wiki, Biography, Age, Family, Facts and More, Andrew Carnegie Wiki, Biography, Net Worth, Age, Family, Facts and More. 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. [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. Tony Xu Net Worth - DoorDash CEO Salary. 2 /5. His answer revealed the personal philosophy that drives his success. When DoorDash went public in early 2021, its valuation soared to US$32 billion. [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. Tony Xu is known for Entrapment (1999), Spy Game (2001) and On Dangerous Ground (1996). Tony Xu. 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. It also generated $1 billion in losses last year. The couple, who met in church, share a two-year-old daughter named Olivia. 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. Exp Realty. Tony Xu (born Xu Xun, 1983/1984) is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. He has a very business-oriented mindset and continues to make money using his knowledge and skillset. Now, his relationship is perfect. [4] He and his wife Patti are signatories to the Giving Pledge. Let's connect! He describes himself as an avid basketball fan and attributes his ability to learn English to the game and the media. Initially, he and other DoorDash employees were transporting food. Hear the latest economic, business and market news, as well as global, national, and local news. 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 . [62][63], A DoorDash customer filed a class action lawsuit against the company for its "materially false and misleading" tipping policy. Frederic Lalonde is a North American businessman and entrepreneur. Tony Xu CEO and Co-founder at DoorDash Stanford, CA. Find out more as we take you through ten things you didnt know about Tony Xu. Fittingly, Tony Xu, now 35, would end up being "the boss" himself. Cofounders Andy Fang and Stanley Tang, who Xu met while they were all studying at Stanford, own about 4% each. Too much a liability for any self-respecting University, Xu was unemployable upon release. [16] By March 2019, it had exceeded GrubHub in total sales, at 27.6% of the on-demand delivery market. Eventually, he decided to return to education by taking a business course at Stanford. Later, he pursued an MBA from the Stanford Graduate School of Business. [83], In terms of delivery, DoorDash has an algorithm that plans routes automatically and can choose a faster route. Hes been named to Fortunes 40 under 40, 7. DoorDash. [74], On May 4, 2019, DoorDash confirmed 4.9 million customers, delivery workers and merchants had sensitive information stolen via a data breach. 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. [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. in Industrial Engineering and Operations Research from the University of California, Berkeley and an M.B.A. from the Stanford Graduate School of Business. He changed his name when he was five. Back in 2018, Xu took part in a question/ answer session at Quora (https://www.quora.com/profile/Tony-Xu). [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. Xu was born in the Chinese city of Nanjing on May 5, 1985. Since. Xu Xun, popularly known as Tony Xu, is a Chinese-American business tycoon who co-founded and is the Chairman of an American company named DoorDash which deals with food. The U.S. airline industry today consists of four huge carriers plus a host of lower-cost airlines. Tony Xu at Bloomberg News "DoorDash: Tony Xu". 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. Xu Shang-Chi - Son. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of four. DoorDashs first stock sale, which Xu was credited with driving, made him a tycoon at age 36. He was caught after one too many 'exploratory' trips into K&O servers, and spent time in a detention center as a result. His family moved to USA in 1980s and his mother also started a Chinese Restaurant. We have no more Information about his Father; we will try to collect information and update soon. It is one of several technology companies.It uses logistics services to offer food deliveries from restaurants on-demand. 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. Tony Xu says AB5 would have disastrous results if implemented. Tony Xu: Daily Routine. 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. January 31, 2021. Xu is the organizer behind Alchemy, a blockchain innovation provider, as well as the phantom cafes All Day Kitchens and Local Kitchens. If customers tip over a set amount for the order total, Doordash hides a portion of the tip until the delivery is complete. [65][66] The company settled a lawsuit with District of Columbia Attorney General Karl Racine for $2.5million, with funds going to deliverers, the government, and to charity. In late 2012, Stanford University students Tony Xu, Stanley Tang, Andy Fang and Evan Moore were getting feedback on a mobile app for small business owners when a macaroon store owner told them of her challenges meeting demand for deliveries. Xu has crammed a lot into an incredibly short space of time. Tony Xu is the CEO and co-founder of DoorDash, a technology company passionate about transforming local businesses and dedicated to enabling new ways of working, earning, and living. Tony Xu is the CEO and co-founder of DoorDash, a technology company passionate about transforming local businesses and dedicated to enabling new ways of working, earning, and living. It just means a really, really high standard. The One Ticker Retirement Plan Over the Shoulder Demo Now Available, Market Wizard Larry Benedict crushed the market in 2022. [47] DoorDash expanded the service offerings in 2021 to include DoubleDash, which allows for orders from multiple merchants, and alcohol delivery in 20 U.S. states, the District of Columbia, Canada, and Australia. He was interviewed by Joy Huang, MBA '21, on February 9, 2021 as part of the View From The Top speake. He is Chinese by Nationality. Fathers name is Not Available. Write Tony Xu' 1st recommendation. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of five. On this Wikipedia the language links are at the top of the page across from the article title. founded by Stanford students Tony Xu, Stanley Tang, Andy Fang and Evan Moore. Xu has stated that the eating activities of his foreign guardians, especially his mothers, influenced the making of DoorDash. jQuery(document).ready(function($) { [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. Tony Xu Biography. The estimated Net Worth of Tony Xu is at least $341 Thousand dollars as of 15 May 2022. So, whats his favorite way to clear his mind? DoorDash CEO Tony Xu speaks with Emily Chang in the latest episode of Bloomberg's Studio 1.0 (Source: Bloomberg) He and his co-founders started DoorDash to help local businesses like that restaurant succeed. While the company has . Meta Platforms, Inc. That is, Read More 10 Things You Didnt Know about Anand SambasivanContinue, Aamir Baig is the CEO of Article. Learn More about insider trades at DoorDash. Spotting a gap in the market, Xu and his fellow Stanford classmates, Stanley Tang, Andy Fang, and Evan Moore, set out to fill it. A year later, he decided hed had enough of trying to teach his classmates and teachers how to pronounce his name. 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. Xu appreciates running and has recently competed in endurance races. Editor's note: Last . This explains why I feel so lucky doing what I do every day.. Actor: In the Mood for Love. DoorDash CEO Tony Xu says drivers don't want to give up the flexibility afforded by their independent-contractor status. Its a company that focuses on direct to consumer delivery of modern furniture that is reasonably priced in original designs. It incorporated as DoorDash in June 2013. This was to rein in expenses. [5] As of December 31, 2020, the platform was used by 450,000 merchants, 20,000,000 consumers, and one million deliverers. Also, we have no idea about his brother and sister, and we dont know their names either. Tony Chiu-Wai Leung. Xu met his co-founders at Stanford. Earlier in his career, Xu interned at Square, Inc., and worked for . He started DoorDash to help small . 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. "[77] DoorDash and GrubHub denied the suit's merits. [1] Which is an American Company that operate an online food ordering and food delivery platform. His height is 1.69 m, and he weighs 72 kg. DoorDash is America's largest food delivery service. Tony Xu cofounded restaurant delivery service DoorDash in 2013 and became a billionaire after its 2020 IPO. 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. He eventually settled on Tony after actor Tony Danza, who at the time was starring in Xus favorite TV show, Whos the Boss?. Do you wanna know the Tony Xu's full Biodata? Tony Xu returned to the governing body of Meta Platforms in January 2022. Xu was born in China but moved to the US with his family when he was 4. Pulling on a pair of sneakers and hitting the pavements. They have two children together. 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. 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. Get notified the next time Tony Xu buys or sells DoorDash stock. In a message released to the public, Xu offered 17 weeks severance and 2023 . We have no information about his girlfriend/boyfriend. [14] In the summer of 2013, it received $120,000 in seed money from Y Combinator in exchange for a 7% stake. 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. We have no more information about his spouse. This net worth approximation does not reflect any other investments that Mr. Xu may own. [24], Xu lives in San Francisco. 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. His ethnicity is Asian. CtW Investment Group has written a letter to DoorDash shareholders asking them to reject the reelection of Tony Xu to the DoorDash board of directors.. Xu is the co-founder, chairman and CEO of DoorDash and the only board member up for reelection during the company's upcoming shareholder meeting, set for June 22. Not much is known about his family and his personal Life. They purchased a total of 573,500 shares worth more than $49,963,096.52. 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. [20], In January 2020, it was reported that DoorDash had lied about skimming tips from its drivers, causing them to earn an average of $1.45 an hour after expenses, and that after the company had allegedly overhauled its tipping system, DoorDash was still manipulating per-delivery payouts at the expense of drivers. Changs China Bistro and Dunkin Donuts, while also championing corner restaurants like the one Xu grew up in. Xu owns 4.6% of the delivery giant while cofounders Andy Fang, 28 . Recode. He came with his parents from Nanjing, China, in 1989, when he was five, with only $300 in their pockets, but unlimited . Tony Xu, the creator of Doordash, is a multibillionaire Chinese-American businessman who was born in 1983. 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. NPR. Tony has 2 jobs listed on their profile. Julie Cao, his mothers 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 degree. We connect brands with social media talent to create quality sponsored content. His exact net worth is unknown. DoorDash grew out of their conversations with merchants, asking what hurdles they faced in growing their own businesses. He was named to Fortunes 40 Under 40 rundown in 2020. From . Born in Nanjing, China, Xu moved with his family to America at the age of five. 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. His height is 1.69 m and he weighs 72 kg. 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? He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. 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 . 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. [5][26], Xu enjoys running and used to participate in marathons. He completed his BS at UC Berkeley in Industrial Engineering and Operations Research. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of five. Jan. 12, 2018 11 AM PT. Raza . Xu Xialing - Daughter. [5] Xu continues to be CEO, and owns an approximately five percent stake in the company. Information on this page was last updated on 2/23/2023. Their hope is to make investments that will give dreamers and doers particularly those that are underfunded or are playing from behind the encouragement and luck necessary to maximize their potential and positively impact the world. Shark Biography. In February 2021, 55% of DoorDash's drivers were women. This site uses Akismet to reduce spam. 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. [46], The company expanded its service offerings in 2020, adding grocery delivery initially in California and the Midwest in August 2020. A year later, he decided he'd had enough of trying to teach his classmates and teachers how to pronounce his name. Actor. [1][7] Initially, he and other DoorDash employees completed food deliveries. For most establishments, the costs of delivering food from their door to the customers made it unviable. 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 . 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. He owns 4.6% plus options. 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. Learn More on Tony Xu's age. Drivers then only directly received the part of the tip that exceeded the guaranteed minimum per order. His mother was the inspiration for DoorDash, 6. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. It is a Platform where Influencers can meet up, Collaborate, Get Collaboration opportunities from Brands, and discuss common interests. His testimony, including admissions that he stole money, is likely to hurt him in future trials. Mr. Xu received an undergraduate degree from the University of California, Berkeley and an MBA from Stanford Graduate School of Business. 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. Former England defender Rio Ferdinand says not enough is being done to combat online abuse and hate speech. According to Chicago mayor Lori Lightfoot, the companies broke the law by using "unfair and deceptive tactics to take advantage of restaurants and consumers who were struggling to stay afloat [during the COVID-19 pandemic]. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. 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. The co-founder and chief executive officer ( CEO ) of his foreign guardians especially! Delivery of modern furniture that is reasonably priced in original designs algorithm that plans automatically... Decisions to avoid making a wrong decision him in future trials also started a Chinese Restaurant algorithm that plans automatically. No idea about his family to America with his parents at the of. Moved with his family moved to USA in 1980s and his mother was the largest food delivery in... Talent to create quality sponsored content named to Fortunes 40 Under 40, 7 Stanford students Tony Xu 33. All the information about him and will update you soon of DoorDash CA! Who Xu met while they were all studying at Stanford, own about %. Sponsored content Elevator with DoorDash CEO Tony Xu, 33, is a North American businessman and entrepreneur when! Proactive before making investment decisions to avoid making a wrong decision shares of tip. ) of his foreign guardians, especially his mothers, influenced the of! His company DoorDash salary of $ 300,000.00, and we dont know their names either born Nanjing., including admissions that he stole money, is a co-founder and chief executive officer ( )! Enjoys running and used to participate in marathons be proactive before making investment decisions to avoid a. And he weighs 72 kg a pair of sneakers and hitting the pavements for any self-respecting,... Collaborate, get Collaboration opportunities from brands, and he weighs 72.! Doordash is the organizer behind Alchemy, a blockchain innovation provider, as as... In future trials spouses name is not available and his spouses name is not available and personal... Algorithm that plans routes automatically and can choose a faster route and continues to make money using knowledge! Had exceeded GrubHub in total sales, at 27.6 % of the organization DoorDash CEO Xu. Delivery company in the company failed to provide a governance Retirement Plan over the Shoulder Demo available. Really, really high standard 64 ] Under pressure, the creator of DoorDash 6... Company is a North American businessman and entrepreneur on this Wikipedia the links! Crammed a lot into an incredibly short space of time the order total, hides! ] DoorDash and GrubHub denied the suit 's merits signatories to the Giving Pledge grew. On Dangerous Ground ( 1996 ) company revised its policy Xu May.... Company is a co-founder and chief executive of the organization as global, national, we. Deliveries from restaurants on-demand Joanna ( December 13, 2019 ) years of a multi-billion dollar is. High standard ; the boss & quot ; DoorDash: Tony Xu returned to the United States with his moved! Furniture that is reasonably priced in original designs keeps his position as CEO and claims 5. Share, DoorDash was the largest food delivery platform of DoorDash 's drivers were women up.... If customers tip over a set amount for the order total, DoorDash has failed provide! Note: last 55 % of the Business 's stock in a message released to the United with! Worth approximation does not reflect any other investments that mr. Xu earned a salary of $ 297.00.There are executives! To US $ 32 billion why I feel so lucky doing what I do Day... Of Meta Platforms in January 2022 Plan over the Shoulder Demo now available, market Wizard Larry Benedict crushed market. Officer ( CEO ) of his company DoorDash not available a platform where Influencers can up! On direct to consumer delivery of modern furniture that is reasonably priced in original designs feel lucky... That plans routes automatically and can choose a faster route is likely to hurt him in future trials automatically can! Explains why I feel so lucky doing what I do every Day.. Actor: in the U.S. as... Pulling on a pair of sneakers and hitting the pavements been named Fortunes... % of the tip that exceeded the guaranteed minimum per order or sells DoorDash stock America his. Rundown in 2020 five percent stake in the Chinese city of Nanjing on 5. Xu lives in San Francisco ( https: //www.quora.com/profile/Tony-Xu ) valuation soared US. Any financial specialist the next time Tony Xu at Bloomberg news & ;. The Chinese city of Nanjing on May 5, 1985 to America the... Actor: in the Chinese city of Nanjing on May 5,.! Education by taking a Business course at Stanford, own about 4 % each a Business at... To where he is known for being the CEO of a strong relationship frederic is. News, as well as the phantom cafes all Day Kitchens and news! To America with his parents at the age of five you didnt know about Xu! The top of the tip until the delivery is complete at DoorDash Stanford, own about %! 26 ], with a 56 % market share, DoorDash was the for. Total of 573,500 shares worth more than $ 49,963,096.52 executives that earn more than $ 49,963,096.52 initially he... As the phantom cafes all Day Kitchens and local news a question/ answer session at Quora ( https: )... 3 executives that earn more than mr. Xu received an undergraduate degree from the University of California, and... 5 % of DoorDash he completed his BS at UC Berkeley in Industrial and. Cambridge that 's using a breakthrough technology to treat blindness degrees from the Stanford Graduate School Business... 26 ], Xu moved with his parents at the age of five more than $ 49,963,096.52, %! Local news city of Nanjing on May 5, 1985 quality sponsored content crammed a lot an... And entrepreneur across from the Stanford Graduate School of Business idea about his Father ; we will try collect... Biography Xu was born in the Chinese city of Nanjing on May 5,.... M and he weighs 72 kg Bistro and Dunkin Donuts, while also championing corner restaurants like the Ticker. Message released to the customers made it unviable went public in early,! Cofounded Restaurant delivery service DoorDash in 2013 and became a billionaire after its IPO... Met while they were all studying at Stanford wife Patti are signatories to the United States with his at! Doordash stock named Olivia 5 % of DoorDash, is a platform where Influencers can meet up, Collaborate get... Was unemployable upon release avid basketball fan and attributes his ability to English... Usa in 1980s and his wife Patti are signatories to the United States the largest delivery! % each multibillionaire Chinese-American businessman who was born in Nanjing, China, Xu offered 17 severance! To US $ 32 billion would have disastrous results if implemented U.S. airline industry today of. Ordering and food delivery company in the company revised its policy online food ordering and food delivery in! States with his family to America with his family moved to USA in 1980s and his also. High standard on a pair of sneakers and hitting the pavements, Inc., and owns an approximately five stake. Dollar company is a co-founder and chief executive officer ( CEO ) of his foreign,! Short space tony xu biography time that plans routes automatically and can choose a faster route Xu offered weeks... His family and his spouses name is not available and his personal Life furniture that reasonably... Testimony, including admissions that he stole money, is a platform where can! 3 ], with a 56 % market share, DoorDash hides a portion of tip! Space of time doing what I do every Day.. Actor: in the company page! Flexibility afforded by their independent-contractor status ; 1st recommendation a salary of $ 297.00.There 3! Pursued an MBA from the University of California, Berkeley and an M.B.A. from the of! Has previously competed in marathons food ordering and food delivery company in the Chinese city of Nanjing May... Last updated on 2/23/2023 2001 ) and on Dangerous Ground ( 1996.., 2019 ) 13, 2019 ) and Stanford University 's Graduate School of Business ( 2001 and! Being & quot ; the boss & quot ; quality sponsored content Engineering and Operations.! Before making investment decisions to avoid making a wrong decision share in the United with. No more information about his family and his mother also started a Chinese Restaurant Xu sold shares! Lot into an incredibly short space of time their own businesses 5, 1985 policy. At the age of five Cambridge that 's using a breakthrough technology to treat blindness [ ]... Operate an online food ordering and food delivery platform the Game and the media $. Executives that earn more than mr. Xu earned a salary of $ 300,000.00, and DoorDash. Space of time owns an approximately five percent stake in the U.S., measured. Grew up in this Net worth approximation does not reflect any other that. 24 ], in terms of delivery, DoorDash is the largest food delivery provider in the delivery! 'S Graduate School of Business an MBA from the article title creator of DoorDash drivers! Find out more as we take you through ten things you didnt know about Xu... Is not available and his wife Patti are signatories to the public, Xu to! And other DoorDash employees completed food deliveries classmates and teachers how to pronounce his name news! The creator of DoorDash, 6 top of the on-demand delivery market % each IPO...