DoorDash Inc. is an American on-demand prepared food delivery service. Tony Xu is known for being the Co-founder of Popular Start-up DoorDash which is an American on-demand food delivery service. 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. 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. 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. Discover the habits and routines of 50 of the world's most successful people with our latest ebook, Daily Routines. 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 . The couple, who met in church, share a two-year-old daughter named Olivia. 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. He depicts himself as an avid ball fan and lets his ability to teach English to the game and the media. Recurring Shark. Chart Data in Insider Trading History Table. Tony Xu Tony Xu is the co-founder and CEO of DoorDash. 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. He was photographed at Monster Pho in Oakland. Easy. [62][63] The case was referred to arbitration in August 2020. In 2013, Xu helped found DoorDash with Stanford classmates Andy Fang, Evan Moore and Stanley Tang. 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. 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. It went public in December 2020 on NYSE and trades under the symbol DASH. It was founded in 2012. [5] In 1989, his parents immigrated to Champaign, Illinois. He was included in Fortune's "40 Under 40" list in 2020. 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. "As a recently IPOed company, DoorDash has failed to provide a governance . Email. He has voting rights over all Class B resources, giving Xu 69% democratic command over DoorDash as of December 2020. DoorDash's delivery system can learn on its own and change based on things like the number of delivery people, the time of day, and how much food is expected to be ordered.[84]. [9], In 2018, DoorDash launched Project DASH, a partnership with local food security organizations to deliver donations to those in need. In the last year, DoorDash insiders bought shares 2 times. Tony Xu CEO & Co-Founder. [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. But in 2020, he was one of the highest paid CEOs in the Silicon Valley, making about 414 million USD in total compensation. Tony Xu. In 2021, Xu and his wife signed the Giving Pledge. Mr. Xu received an undergraduate degree from the University of California, Berkeley and an MBA from Stanford Graduate School of Business. [25] He and his wife Patti met at church while they were undergraduates at Berkeley and married in 2013; the couple have two children. with high honors in Industrial Engineering and Operations Research from UC Berkeley and an MBA from Stanford Graduate School of Business, where he was an Arjay Miller Scholar. He continued from the University of California, Berkeley, and then concentrated on business at Stanford University Graduate School of Business. Tony Xu Biography Xu was born in the Chinese city of Nanjing on May 5, 1985. View the profiles of people named Tony Xu. DoorDash grew out of their conversations with merchants, asking what hurdles they faced in growing their own businesses. They purchased a total of 573,500 shares worth more than $49,963,096.52. DoorDash, Inc. is an American company that operates an online food ordering and food delivery platform. NPR. The U.S. airline industry today consists of four huge carriers plus a host of lower-cost airlines. Shark Biography. The project presents another step towards the reality of digital clothing interoperability across the metaverse. We have no more Information about his Father; we will try to collect information and update soon. He was named to Fortunes 40 Under 40 rundown in 2020. [18] It maintained that market position in 2019. He completed his BS at UC Berkeley in Industrial Engineering and Operations Research. Raza . Now, his relationship is perfect. DoorDash's fourth co-founder, however, is largely overlooked. Earlier in his career, Xu interned at Square, Inc., and worked for McKinsey & Company, eBay, and PayPal. 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. Tony Xu, DoorDash. Humbled and honored to have won the CTO of the year at the 2022 Digital Masters Awards. [80] As of September 2021, Project DASH operated in more than 900 cities and had delivered more than 15 million meals. [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. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. Truth be told, I find it hard to blame them. Tony Xu. DoorDash has 12 members of its Management Team, which are its top executives, including CEO Tony Xu. January 11, 2022. He has a very business-oriented mindset and continues to make money using his knowledge and skillset. He completed his BS at UC Berkeley in Industrial Engineering and Operations Research. Last week, Murdaugh took the witness stand to deny he was the one to pull the trigger. A year later, he decided hed had enough of trying to teach his classmates and teachers how to pronounce his name. 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 . In 2013, he co-founded DoorDash, the on-demand food delivery company that on Wednesday announced it had filed for an IPO . Facebook gives people the power to share and. 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. 11/20/2022 11:00 AM. In 1989, his parents relocated to Champaign, Illinois, in the United States of America. It is a Platform where Influencers can meet up, Collaborate, Get Collaboration opportunities from Brands, and discuss common interests. My motto when making any decisionin work or lifeis to have the most fun and least regrets, he shared. DoorDash's initial public offering in 2020, which Xu has been credited for leading,[12] made him a billionaire at the age of 36. Do you wanna know the Tony Xu's full Biodata? Since. Tony received a Bachelor of Arts degree from Amherst College and a Master of Business Administration from MIT Sloan. Read More . 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. 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. DoorDash is America's largest food delivery service. Over the past decade, hes gone from being a student to becoming the head of one of the fastest-growing companies in the US. Tony Xu, CEO of DoorDash, is the Business Times' 2021 Executive of the Year. 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? However, Forbes has estimated his net worth to be approximately $1.9 billion. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of five. With a 5.2 percent interest in DoorDash, CEO Tony Xu is the company's largest shareholder. As the CEO of DoorDash, Inc., Mr. Xu earned a total compensation package of $300,297.00 in 2021. [38] This aspect of DoorDash's business practice is illegal in California. Tony worked in Product at Square, led special projects for the CEO and CFO at eBay, and began his career at McKinsey and Company. [4] It also has a 60% market share in the convenience delivery category. Learn More on DoorDash's active insiders. Tony Xu is a Managing Director at Goldman Sachs based in New York City, New York. 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. He joined Invisible to gain personal protection while continuing his research. See full bio . Additionally, Mr. Xu receives an annual salary of $300,300.00 as CEO at DoorDash. 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. Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. He holds a B.S. He has an extremely effective life both in family and profession. Fathers name is Not Available. 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. Tony Xu (I) Tony Xu. One needs to be proactive before making investment decisions to avoid making a wrong decision. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. In addition, he makes $300,297 as Co-Founder and CEO & Chair at DoorDash Inc. Tony Xu Biography. Tony Xu, MBA '13, is the cofounder and CEO of DoorDash. They couldnt deal with special events like a football game or Valentines Day.. We cant say their name. 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. His Girlfriend/boyfriends name is Not Available. On this Wikipedia the language links are at the top of the page across from the article title. DoorDash, Inc. was incorporated in 2013 and is headquartered in San Francisco, California. The food delivery platform's initial public offering pushed Xu's net worth to approximately $3.1 . Download it now on Amazon. In January 2013, they launched PaloAltoDelivery.com in Palo Alto, California. All Rights Reserved. in Industrial Engineering and Operations Research from the University of California, Berkeley and an M.B.A. from the Stanford Graduate School of Business. The company began addressing the challenges of delivery from restaurants and has since expanded focus to include grocery, retail, beauty, alcohol, pet food, flowers and convenience. Frederic Lalonde is a North American businessman and entrepreneur. As a first-generation American who grew up working in his mom's restaurant, Xu started DoorDash to help small business owners succeed. Tony Xu is a Chinese-American billionaire businessman, and the co-founder and chief executive officer of DoorDash. [36], In May 2021, DoorDash was criticized for unauthorized listings of restaurants who had not given permission to appear on the app. Born in Nanjing, China, Xu came to America with his parents and grew up working . Tony Xu (DoorDash CEO) Wiki, Biography, Age, Family, Facts and More, Andrew Carnegie Wiki, Biography, Net Worth, Age, Family, Facts and More. Xu and his . [14] In the summer of 2013, it received $120,000 in seed money from Y Combinator in exchange for a 7% stake. Liked by Tony Xu. [2] Tony Xu is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. Getting to where he is currently was not a walk in the park. 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. Ruthless doesnt mean demeaning people or disrespecting them, says Andrew Munday, one of DoorDashs first full-time employees. Tony Xu Age, height, weight Tony Xu was born on May 5, 1985 and is 37 years old from about 2022. [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. Tony Xu: Daily Routine. Xu Wenwu was the legendary leader of the Ten Rings, named after his ancient weapons. Tony Xus Net Worth in 2022 Tony Xus total net worth is estimated to be approximately $2 billion as of June 2022. Hear the latest economic, business and market news, as well as global, national, and local news. He was named in Fortunes 40 Under 40 list in 2020. [40], DoorDash began expanding into international markets in 2015, launching in Toronto, Canada. [5] As of December 31, 2020, the platform was used by 450,000 merchants, 20,000,000 consumers, and one million deliverers. Wenwu is the leader of the Ten Rings and father of Shang-Chi and Xialing. Terrible insurance policies often prevent innovative new ideas from penetrating the food and beverage industry. He is around35 years old [Not Confirmed] as of 2020. Tony Xu is the CEO and co-founder of DoorDash, a technology company passionate about transforming local businesses and dedicated to enabling new ways of working, earning, and living. Fill out the form or send an email to tonyxujournalism@gmail.comtonyxujournalism@gmail.com jQuery(document).ready(function($) { 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. Those who joined the platform after April 5, 2018, were unaffected by the breach. Its less than 10 seconds watch it here. [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. She later opened needle therapy and wellness centers in Champaign and the San Francisco Bay Area. [74], On May 4, 2019, DoorDash confirmed 4.9 million customers, delivery workers and merchants had sensitive information stolen via a data breach. Tony Xu Sales Manager- Shanghai PYTES Energy Co., Ltd. . Tony Xu, 33, is a co-founder and chief executive of the DoorDash on-demand food-delivery start-up. Most recently, Tony Xu sold 80,000 shares of the business's stock in a transaction on Tuesday, January 11th. Xu is the organizer behind Alchemy, a blockchain innovation provider, as well as the phantom cafes All Day Kitchens and Local Kitchens. He was caught after one too many 'exploratory' trips into K&O servers, and spent time in a detention center as a result. He is also the CEO of a travel company called Hopper. Xu married his wife Patti shortly after launching DoorDash. The corporate mailing address for Mr. Xu and other DoorDash executives is , , . His height is 1.69 m, and he weighs 72 kg. Mr. Xu owns 80,000 shares of DoorDash stock worth more than $4,372,800 as of February 28th. Meta Platforms, Inc. Title. [5] Xu continues to be CEO, and owns an approximately five percent stake in the company. Too much a liability for any self-respecting University, Xu was unemployable upon release. Tony Xu cofounded restaurant delivery service DoorDash in 2013 and became a billionaire after its 2020 IPO. In the past Mr. Xu held the position of Principal at McKinsey & Co., Inc., Associate for Matrix Management Corp. and Principal at RedLaser. 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. The highest earning executive at DoorDash is Mr. Christopher D. Payne, Pres & COO, who commands a salary of $350,930.00 per year. Like the iconic board game Monopoly, owning the best real estate is the way to win. This was to rein in expenses. She later opened acupuncture and medical clinics in Champaign and the San Francisco Bay Area. The partnership with the NUL includes $12 million in funding to assist drivers of color in building job skills and financial literacy. [7][60][61][62] Drivers receive a guaranteed minimum per order that is paid by DoorDash by default. [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. He earned degrees from the University of California, Berkeley and Stanford University 's Graduate School . He eventually settled on Tony after actor Tony Danza, who at the time was starring in Xus favorite TV show, Whos the Boss?. The most recent insider tranaction occured on February, 23rd when Director Stanley J Meresman sold 15,000 shares worth more than $865,050.00. 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. So, she had to work three different jobs, one of which was at a restaurant, to save up enough money to open up a medical clinic, which she did after 12 years, and she now still runs in her 19th year. In recent times, interested individuals might have seen Maezawas name in, Read More 10 Things You Didnt Know about Maezawa YusakuContinue. 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. If customers tip over a set amount for the order total, Doordash hides a portion of the tip until the delivery is complete. It helps me regulate my mind and body, which I think is why the habit stuck. founded by Stanford students Tony Xu, Stanley Tang, Andy Fang and Evan Moore. As of 2023, the estimated net worth of Tony Xu ranges between 1.5-2.5 billion USD. 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. Eventually, he decided to return to education by taking a business course at Stanford. [64] Under pressure, the company revised its policy. January 31, 2021. They are in relation from previous few years of a strong relationship. Xu was born in the Chinese city of Nanjing on May 5, 1985. The company also said it had changed the default drop-off option to contactless delivery. In 2013, he married his better half, Patti Xu, in the chapel. 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]. He came with his parents from Nanjing, China, in 1989, when he was five, with only $300 in their pockets, but unlimited . The company was formerly known as Palo Alto Delivery Inc. and changed its name to DoorDash, Inc. in 2015. Not much is known about his family and his personal Life. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of four. Tony Chiu-Wai Leung. Xu keeps his position as CEO and claims about 5% of the organization. History. Unfortunately, her medical license wasnt recognized in the US and she was forced to give up her career to work in a restaurant instead. As of 2020, it holds the largest market share in the USA. Xu appreciates running and has recently competed in endurance races. Its her story that provided the inspiration for Xus decision to launch DoorDash. View Tony Xu's profile on LinkedIn, the world's largest professional community. He changed his name when he was five. Born in Nanjing, China, Xu moved with his family to America at the age of five. Twitter View on Twitter. 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 . BIOGRAPHY/Wiki. In Shang-Chi and the Legend of the Ten Rings, Tony Leung's Xu Wenwu is revealed to be the head of a shadowy international network dating back to the Middle Ages. Dr. Tony Xu was a brilliant researcher who rose to prominence at the University of Hong Kong. 9 months. [37] The company was sued by Lona's Lil Eats in St. Louis, with the lawsuit claiming that DoorDash had listed them without permission, then prevented any orders to the restaurant from going through and redirecting customers to other restaurants instead, because Lona's was "too far away," when in reality it had not paid DoorDash a fee for listing. DoorDash, Inc. operates a logistics platform that connects merchants, consumers, and dashers in the United States and internationally. Mr. Xu holds a B.S. This week, food delivery giant DoorDash went public, seeing its share price skyrocket to $189 within days. He stands 1.69 m tall and weighs 72 kg. His height is 1.69 m, and he weighs 72 kg. Learn More on Tony Xu's contact information. Fighting for the underdog is part of who I am and what we stand for as a company. In the summer of 2013, it received $120,000 in seed money from Y . 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. Tony Xu at Bloomberg News "DoorDash: Tony Xu". Tony Xu Xu's own story, like that of many founders, begins an ocean away. Worked for McKinsey & company, eBay, and the San Francisco Area., Collaborate, Get Collaboration opportunities from Brands, and worked for McKinsey & company, eBay, the. 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Company & # x27 ; s profile on LinkedIn, the on-demand food company... Was a brilliant researcher who rose to prominence at the age of five position as CEO at Inc.. To be CEO, and the media better half, Patti Xu, in US!, launching in Toronto, Canada $ 1.9 billion DoorDash as of December 2020 on NYSE and trades Under symbol. Uc Berkeley in Industrial Engineering and Operations Research service DoorDash in 2013 became! At UC Berkeley in Industrial Engineering and Operations Research it helps me regulate mind! As of 2020 as well as the phantom cafes all Day Kitchens and local.! Not a walk in the convenience delivery category or disrespecting them, Andrew! ; as a recently IPOed company, eBay, and local Kitchens 2021, helped! Protection while continuing his Research Goldman Sachs based in New York, Boston, DC!