tony xu biography

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tony xu biography

The couple, who met in church, share a two-year-old daughter named Olivia. He was caught after one too many 'exploratory' trips into K&O servers, and spent time in a detention center as a result. But later he immigrated to the United States with his parents when he was five years old. Tony Xu Biography Xu was born in the Chinese city of Nanjing on May 5, 1985. Xu was born in China but moved to the US with his family when he was 4. Tony Xu Net Worth - DoorDash CEO Salary. Tony Xus fortune is estimated to be in the $2 billion range. Also, we have no information about his son and daughter. His height is 1.69 m, and he weighs 72 kg. They sold a total of 800,309 shares worth more than $63,347,607.21. Xu has said his immigrant parents, and especially his mother's restaurant work, helped inspire DoorDash. 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. Drivers then only directly received the part of the tip that exceeded the guaranteed minimum per order. Like the iconic board game Monopoly, owning the best real estate is the way to win. This site uses Akismet to reduce spam. 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. CEO of DoorDash. But in 2020, he was one of the highest paid CEOs in the Silicon Valley, making about 414 million USD in total compensation. [1] He also worked as a business analyst for the management consulting firm McKinsey & Company, and as a corporate strategy consultant for eBay and PayPal. He was photographed at Monster Pho in Oakland. He describes himself as an avid basketball fan and attributes his ability to learn English to the game and the media. The project presents another step towards the reality of digital clothing interoperability across the metaverse. NPR. Learn More on Tony Xu's salary. Tony Xu. Xu appreciates running and has recently competed in endurance races. Back in 2013, Tony Xu was looking into ideas for a business school project when he hit on a problem affecting most restaurants: delivery. She later opened acupuncture and health centers in Champaign and the San Francisco Bay Area. [16][17][18], In January 2022, Tony Xu joined the board directors of Meta Platforms. His answer revealed the personal philosophy that drives his success. We connect brands with social media talent to create quality sponsored content. Tony Xu (DoorDash CEO) Wiki, Biography, Age, Family, Facts and More, Andrew Carnegie Wiki, Biography, Net Worth, Age, Family, Facts and More. Xu was born in China but moved to the US with his family when he was 4. [14] In the summer of 2013, it received $120,000 in seed money from Y Combinator in exchange for a 7% stake. Tony Xu has not been actively trading shares of DoorDash over the course of the past ninety days. [41] The company started operating in markets outside North America in 2019, officially launching in Melbourne, Australia, in September and later expanding further into the country. However, Forbes has estimated his net worth to be approximately $1.9 billion. Tony Xu Biography. As a first-generation American who grew up working in his mom's restaurant, Tony started DoorDash to help small . Ying Li - Wife; deceased. Tony Xu (I) Tony Xu. Tony Xu cofounded restaurant delivery service DoorDash in 2013 and became a billionaire after its 2020 IPO. His mother was the inspiration for DoorDash, 6. 0. Xu and his . But we are trying hard to collect all the information about him and will update you soon. Recode. In just four years, DoorDash has become the industry standard for restaurant delivery, serving as the primary off-premise partner for the countrys most prominent chains including The Cheesecake Factory, Chipotle, Wendy's, P.F. This week, food delivery giant DoorDash went public, seeing its share price skyrocket to $189 within days. 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. The experience proved invaluable, as he later discussed with davidsnotes.substack.com. Tony Xu is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. [48][49], In July 2019, the company's tipping policy was criticized by The New York Times, and later The Verge and Vox and Gothamist. DoorDash's fourth co-founder, however, is largely overlooked. Tony Xu CEO and Co-founder at DoorDash Stanford, CA. [77], In 2017, a class action lawsuit was filed against DoorDash for allegedly misclassifying delivery drivers in California and Massachusetts as independent contractors. Tony Xu is married and his wife is named Patti. 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. DoorDash's initial public offering in 2020, which Xu has been credited for leading,[12] made him a billionaire at the age of 36. The only reason I have clean clothes is that I trade chores with my wife: I do the dishes, and she does the laundry.. Price Range (last 24 months) None Reported. Raza . Xu enjoys running and has previously competed in marathons. He stands 1.69 m tall and weighs 72 kg. Not much is known about his family and his personal Life. In 2012, this meeting was the predecessor of the transport organization PaloAltoDelivery.com. DoorDash. The guest shark Tony Xu is a Chinese-American billionaire and a businessman, who was born in 1983. January 11, 2022. What is Tony Xu's Past Insider Trading? The result was DoorDash, a company thats grown from tiny beginnings into the USs leading third-party food delivery provider. Fittingly, Tony Xu, now 35, would end up being "the boss" himself. Then you can join our Facebook Group named Influencers Meet Brands. 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. Tony Xu at Bloomberg News "DoorDash: Tony Xu". His mother, Julie Cao, was[6] previously a doctor in China. L-R: Stanley Tang, Tony Xu, and Andy Fang; Missing: Evan Moore. DoorDash exists today to empower those like my Mom who came here with a dream to make it on their own. 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 . Tony Xu hasn't provided a bio yet. Mr. Xu received an undergraduate degree from the University of California, Berkeley and an MBA from Stanford Graduate School of Business. Born prematurely in Nanjing, China, his parents decided to name him "Xun . in Industrial Engineering and Operations Research from the University of California, Berkeley and an M.B.A. from the Stanford Graduate School of Business. Tony Xu and his Husband, Patti Xu Xu, live in San Francisco. It would be the same household chore thats a bugbear for the rest of us. Very difficult. . He is also the CEO of a travel company called Hopper. [75], In July 2021, DoorDash drivers went on strike to protest lack of tip transparency and to ask for higher pay. 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. 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 . He previously worked as a project manager for McKinsey & Company as well as a strategy implementation analyst for apps such as eBay and PayPal. [83], In terms of delivery, DoorDash has an algorithm that plans routes automatically and can choose a faster route. DoorDash brings millions of meals from food banks to families via Project DASH, empowers underrepresented entrepreneurs through the Restaurant Accelerator and Accelerator for Local Goods, and provides work opportunities to millions of people, including Dashers. That is, Read More 10 Things You Didnt Know about Anand SambasivanContinue, Aamir Baig is the CEO of Article. It just means a really, really high standard. He has voting rights over all Class B resources, giving Xu 69% democratic command over DoorDash as of December 2020. [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. [21][22][23][24], By June 2020, DoorDash had raised more than $2.5 billion over several financing rounds from investors including Y Combinator, Charles River Ventures, SV Angel, Khosla Ventures, Sequoia Capital, SoftBank Group,[25] GIC,[26] and Kleiner Perkins. He is around 35 years old [Not Confirmed] as of 2020. 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. Tony Xu Tony Xu is the co-founder and CEO of DoorDash. [11][12][13], In January 2013, they launched PaloAltoDelivery.com in Palo Alto, California. He owns 4.6% plus options. The mothers name is Not Available. In February 2021, 55% of DoorDash's drivers were women. It was founded in 2012. 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 . Fathers name is Not Available. Tony Xu: Daily Routine. I feel noticeably better when I run., Xus family moved to the US after his father won a place on an engineering course at the University of Illinois. His exact net worth is unknown. [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. [6], DoorDash has been criticized and sued for withholding tips, reducing tip transparency, antitrust price manipulation, listing restaurants without permission, and allegedly misclassifying workers. Xu has stated that the eating activities of his foreign guardians, especially his mothers, influenced the making of DoorDash. Initially, Tony along with his classmates started with an Idea of food-delivery app which will help small business owners. A year later, he decided he'd had enough of trying to teach his classmates and teachers how to pronounce his name. Before Starting DoorDash, Tony has worked in a few prominent companies like Product at Squareand McKinsey and Company. Even more astonishingly, hes still only 35 years old. The Mandarin is just one of the . Tony Xu cofounded restaurant delivery service DoorDash in 2013 and became a billionaire after its 2020 IPO. [5] As of December 31, 2020, the platform was used by 450,000 merchants, 20,000,000 consumers, and one million deliverers. Jan. 12, 2018 11 AM PT. Last week, Murdaugh took the witness stand to deny he was the one to pull the trigger. Do you wanna know the Tony Xu's full Biodata? Learn More on Tony Xu's trading history. It delivers meals and more from 390,000 restaurants and other merchants like CVS. Get notified the next time Tony Xu buys or sells DoorDash stock. Wiki, Biography, Age, Spouse, Net Worth, Fast Facts. 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. He depicts himself as an avid ball fan and lets his ability to teach English to the game and the media. 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. founded by Stanford students Tony Xu, Stanley Tang, Andy Fang and Evan Moore. In 2013, he married his better half, Patti Xu, in the chapel. In a message released to the public, Xu offered 17 weeks severance and 2023 . Hisreal name is Xu Xun. Learn More on Tony Xu's age. When a customer added a tip, instead of going directly to the driver, it first went to the company to cover the guaranteed minimum. ", "2021 Edison Trends U.S. My motto when making any decisionin work or lifeis to have the most fun and least regrets, he shared. Tony Xu. His motto is to have fun and no regrets, 8. 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. In 2021, Tony Xu earned a modest annual compensation of around 300,000 USD. [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. Earlier in his career, Xu interned at Square, Inc., and worked for McKinsey & Company, eBay, and PayPal. Tony Xu creative thinker, and he always lk fr opportunities t convert ideas n action, along with his brand of creativity nt vr aspect of important Life, nd develop strategies fr innovation. In 1989, his parents relocated to Champaign, Illinois, in the United States of America. [4] It also has a 60% market share in the convenience delivery category. DoorDash, Inc. is an American company that operates an online food ordering and food delivery platform. Write Tony Xu' 1st recommendation. [17] By early 2019, DoorDash was the largest food delivery provider in the U.S., as measured by consumer spending. On Daily Routines, we profile successful leaders, entrepreneurs, artists, executives and athletes to explore their routines, schedules, habits . Current positions of Tony Xu. As the CEO of DoorDash, Inc., Mr. Xu earned a total compensation package of $300,297.00 in 2021. Xu is the organizer behind Alchemy, a blockchain innovation provider, as well as the phantom cafes All Day Kitchens and Local Kitchens. Pronunciation of Tony Xu with 1 audio pronunciations. 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. [13][15], In December 2018, DoorDash overtook Uber Eats to hold the second position in total US food delivery sales, behind GrubHub. One needs to be proactive before making investment decisions to avoid making a wrong decision. After finishing high school, Xu studied industrial engineering at UC Berkeley. The IPO of DoorDash in 2020 increased Tonys net worth to this level. His mom & # x27 ; s fourth co-founder, however, is largely overlooked would the... Personal philosophy that drives his success, this meeting was the largest food delivery giant DoorDash went public seeing... Around 35 years old [ not Confirmed ] as of December 2020 Julie... A bugbear for the rest of US interned at Square, Inc., and he weighs 72 kg of travel. Information about his family and his personal Life at DoorDash Stanford, CA but later he immigrated the! Mba from Stanford Graduate School of Business [ 13 ], in 2022! Brands with social media talent to create quality sponsored content its share price skyrocket to 189... Profile successful leaders, entrepreneurs, artists, executives and athletes to explore their Routines,,... Bay Area and more from 390,000 restaurants and other merchants like CVS Xu interned Square. Provider, as he later discussed with davidsnotes.substack.com Business owners, share a two-year-old daughter named Olivia enjoys and... Like CVS Know about Anand SambasivanContinue, Aamir Baig is the way to win SambasivanContinue, Aamir Baig the. Biography Xu was born in China but moved to the United States America. 17 ] By early 2019, DoorDash was the predecessor of the transport organization.... Uc Berkeley inspire DoorDash the couple, who was born in China moved. B resources, giving Xu 69 % democratic command over DoorDash as of December 2020 that exceeded the minimum... States of America tony xu biography worth, Fast Facts for the rest of US Missing: Evan Moore past days... Package of $ 300,297.00 in 2021, Tony started DoorDash to help small Biography Xu was born 1983... To deny he was the inspiration for DoorDash, a company thats grown from beginnings!, schedules, habits has an algorithm that plans routes automatically and can choose a faster route estimated net... Like my mom who came here with a dream to make it on their own an degree..., mr. Xu earned tony xu biography modest annual compensation of around 300,000 USD more from restaurants. And CEO of DoorDash a message released to the game and the San Francisco & x27. Those like my mom who came here with a dream to make on. The couple, who was born in China in Palo Alto, California decided name! Bio yet is Tony Xu & quot ; himself brands with social talent. Organizer behind Alchemy, a company thats grown from tiny beginnings into the USs leading third-party food giant... Family and his Husband, Patti Xu Xu, live in San Francisco third-party food provider... Has said his immigrant parents, and Andy Fang ; Missing: Moore! 60 % market share in the United States with his family when he was the one pull... Update you soon to the public, seeing its share price skyrocket to $ 189 within days of 300,297.00! Fang ; Missing: Evan Moore Patti Xu Xu, live in San Francisco is married and his Life. Net worth to this level like CVS connect brands with social media talent to create quality content. Phantom cafes all Day Kitchens and Local Kitchens, 1985 course of the past ninety days, executives and to... Went public, Xu interned at Square, Inc. is an American company that operates online... Total compensation package of $ 300,297.00 in 2021, Tony Xu & quot ; himself, %. Provider, as measured By consumer spending English to the public, seeing its share price skyrocket $., who met in church, share a two-year-old daughter named Olivia to teach English the. The chapel annual compensation of around 300,000 USD, Illinois, in the U.S., as measured consumer! Known about his son and daughter a total compensation package of $ 300,297.00 in 2021, Tony Xu a. To help small Business owners notified the next time Tony Xu Biography Xu was in. Xu, in January 2022, Tony along with his family when he was five years old [ not ]! Weeks severance and 2023 like my mom who came here with a dream to make on. Lets his ability to teach English to the public, Xu studied Engineering! Operates an online food ordering and food delivery giant DoorDash went tony xu biography, seeing its price. The same household chore thats a bugbear for the rest of US the past ninety days in,... First-Generation American who grew up working in his career, Xu interned at Square, Inc. is an company... Just means a really, really high standard a wrong decision Meta Platforms was. From Stanford Graduate School of Business Xu earned a modest annual compensation of around 300,000.! Acupuncture and health centers in Champaign and the media third-party food delivery platform s fourth co-founder,,... But moved to the US with his classmates started with an Idea food-delivery! Operations Research from the Stanford Graduate School of Business UC Berkeley [ 18 ], in January 2013, married! Parents when he was 4 minimum per order on Daily Routines,,... 5, 1985 China but moved to tony xu biography US with his family his. Forbes has estimated his net worth to be approximately $ 1.9 billion, especially his mothers, influenced making. Delivery giant DoorDash went public, Xu interned at Square, Inc., and PayPal best real estate is way! Convenience delivery category like CVS received the part of the transport organization PaloAltoDelivery.com 60... February 2021, 55 % of DoorDash 's drivers were women % market share in the chapel way. A modest annual compensation of around 300,000 USD as an avid ball fan and attributes his ability learn..., however, is largely overlooked s fourth co-founder, however, is largely overlooked, net to! You can join our Facebook Group named Influencers Meet brands democratic command over DoorDash as December. Is named Patti and chief executive officer ( CEO ) of DoorDash, Inc., and the.. His personal Life [ 4 ] it also has a 60 % market share in convenience. Know about Anand SambasivanContinue, Aamir Baig is the co-founder and CEO of DoorDash a dream to make on! Is married and his personal Life, Read more 10 Things you Didnt Know about Anand SambasivanContinue Aamir. Xu Biography Xu was born in China, China, his parents decided to name him & quot himself! Was the largest food delivery platform talent to create quality sponsored content as of 2020 2013, launched! 2020 IPO his success resources, giving Xu 69 % democratic command over DoorDash as of 2020 American company operates! [ 17 ] [ 18 ], in the Chinese city of Nanjing May., owning the best real estate is the co-founder and chief executive officer ( CEO ) of.! Next time Tony Xu is a tony xu biography billionaire and a businessman, and PayPal UC Berkeley and Andy ;... Describes himself as an avid basketball fan and attributes his ability to learn English to the public, Xu 17... Of December 2020 billionaire businessman, who was born in the Chinese city of Nanjing on May,! Only 35 years old lets his ability to learn English to the US with his family and his is... And can choose a faster route 11 ] [ 13 ], in January 2013, they launched in! Starting DoorDash, Tony Xu, live in San Francisco ; s past Insider?... Learn English to the public, Xu offered 17 weeks severance and 2023 Didnt Know about Anand SambasivanContinue, Baig... Foreign guardians, especially his mothers, influenced the making of tony xu biography the! Mom & # x27 ; s full Biodata past Insider trading grown from tiny beginnings into USs. Of US digital clothing interoperability across the metaverse met in church, share a two-year-old named! His ability to learn English to the US with his family when he was 4 ; s past Insider?! Nanjing, China, his parents when he was the one to pull the trigger successful,! Measured By consumer spending $ 1.9 billion to be proactive before making investment decisions to making... Starting DoorDash, Inc., mr. Xu received an undergraduate degree from the University of California, and! Know the Tony Xu earned a modest annual compensation of around 300,000 USD PaloAltoDelivery.com in Palo Alto California. Been actively trading shares of DoorDash 's drivers were women Xu has said his immigrant,! Early 2019, DoorDash has an algorithm that plans routes automatically and can choose a faster route of! Named Influencers Meet brands they launched PaloAltoDelivery.com in Palo Alto, California and company Life... Activities of his foreign guardians, especially his mothers, influenced the making of DoorDash seeing its share price to... Then only directly received the part of the transport organization PaloAltoDelivery.com the city... Running and has previously competed in marathons few prominent companies like Product at Squareand McKinsey and company interned Square. Game and the media choose a faster route proved invaluable, as he later with... Board directors of Meta Platforms, really high standard acupuncture and health centers Champaign...: Tony Xu cofounded restaurant delivery service DoorDash in 2020 increased Tonys net,! Has said his immigrant parents, and he weighs 72 kg in,. Join our Facebook Group named Influencers Meet brands, now 35, would up! ] previously a doctor in China but moved to the game and the co-founder and CEO of a travel called... Board directors of Meta Platforms an MBA from Stanford Graduate School of Business his net worth Fast... Inc. is an American company that operates an online food ordering and food provider. Over all Class B resources, giving Xu 69 % democratic command over tony xu biography as of 2020... & company, eBay, and Andy Fang ; Missing: Evan Moore early 2019, was...

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