tony xu biography
L-R: Stanley Tang, Tony Xu, and Andy Fang; Missing: Evan Moore. [76][8], In August 2021, the city of Chicago sued DoorDash and GrubHub. [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. Later, he pursued an MBA from the Stanford Graduate School of Business. According to a filing made public Monday, DoorDash plans to list 33 million shares, at a price range between $75 to $85 per share. Learn More on Tony Xu's salary. Buy now, pay later provider Klarna announced a 71% year-over-year increase in gross merchandise value (GMV) in the US in 2022, and now has more than 8 million monthly active app users in the US. It incorporated as DoorDash in June 2013. My moms story is one where she came to this country, she wanted to be a doctor, but the U.S. didnt recognize her license because we immigrated from China. He is also the CEO of a travel company called Hopper. DoorDashs first stock sale, which Xu was credited with driving, made him a tycoon at age 36. Tony Xu had a strong work ethic from an early age, but it wasn't until he met DoorDash's co-founders - and became a Domino's Pizza delivery driver to test out their theories - that it . jQuery(document).ready(function($) { Tony Xu Biography. Ill usually go to the Marin Headlands or somewhere in nature. What are the age, height, and weight of Tony Xu? 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. Back in 2018, Xu took part in a question/ answer session at Quora (https://www.quora.com/profile/Tony-Xu). Tony Xu returned to the governing body of Meta Platforms in January 2022. His family moved to USA in 1980s and his mother also started a Chinese Restaurant. Do you wanna know the Tony Xu's full Biodata? My motto when making any decisionin work or lifeis to have the most fun and least regrets, he shared. 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. 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. He completed his BS at UC Berkeley in Industrial Engineering and Operations Research. He describes himself as an avid basketball fan and attributes his ability to learn English to the game and the media. We started the company to really help small businesses, people like my mom, hes explained to vox.com. The Wall Street Journal [10][70][71][72][73] Although several preliminary documents in the case have now been filed, a trial date has not yet been set. DoorDash, Inc. was incorporated in 2013 and is headquartered in San Francisco, California. NPR. Across America, smaller cities and less-populated states are offering cash and perks to lure remote workers away from big metropolitan areas. 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 holds a B.S. Tony Xu is CEO/Co-Founder at DoorDash Inc. See Tony Xu's compensation, career history, education, & memberships. Its a company that focuses on direct to consumer delivery of modern furniture that is reasonably priced in original designs. Mr. Xu owns 80,000 shares of DoorDash stock worth more than $4,372,800 as of February 28th. Tony worked in Product at Square, led special projects for the CEO and CFO at eBay, and began his career at McKinsey and Company. Learn how your comment data is processed. That is, Read More 10 Things You Didnt Know about Anand SambasivanContinue, Aamir Baig is the CEO of Article. Tony Xu Biography. 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. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of five. The Estimated Net worth is $80K USD $85k. Tony Xu and his Husband, Patti Xu Xu, live in San Francisco. [13][14], In 2020, Xu was included in Fortune's "40 Under 40" list. Facebook gives people the power to share and. 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. Leadership is all about finding the best talent and making an. Liked by Tony Xu. It was founded in 2012. They are in relation from previous few years of a strong relationship. [5] Xu continues to be CEO, and owns an approximately five percent stake in the company. The IPO of DoorDash in 2020 increased Tonys net worth to this level. Very difficult. [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. 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. Xu has crammed a lot into an incredibly short space of time. 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. He has voting rights over all Class B resources, giving Xu 69% democratic command over DoorDash as of December 2020. 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. Chart Data in Insider Trading History Table. This site uses Akismet to reduce spam. He is also referred to as a business investor and the director of food transportation administration DoorDash. Twitter View on Twitter. He hails from Nanjing, China. He previously worked as a project manager for McKinsey & Company as well as a strategy implementation analyst for apps such as eBay and PayPal. In 2013, Xu co-founded DoorDash with Stanford classmates Andy Fang, Evan Moore, and Stanley Tang. Download it now on Amazon. Xu is the CEO. Portfolio - The Vancouver Sun; Portfolio - MEC; Contact; Main; Bio; Portfolio; Portfolio - The Vancouver Sun; Portfolio - MEC Tony Xu Biography Xu was born in the Chinese city of Nanjing on May 5, 1985. The food delivery platform's initial public offering pushed Xu's net worth to approximately $3.1 . Write Tony Xu' 1st recommendation. 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. [24], Xu lives in San Francisco. But in 2020, he was one of the highest paid CEOs in the Silicon Valley, making about 414 million USD in total compensation. [11][12][13], In January 2013, they launched PaloAltoDelivery.com in Palo Alto, California. [42][43] In 2021, the company expanded its service area to Sendai, Japan in June[44] and Stuttgart, Germany in November. He hails from Nanjing, China. 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. It was really hard for a small business to know how many drivers they need. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. It would be the same household chore thats a bugbear for the rest of us. He changed his name when he was five. In 1989, his parents relocated to Champaign, Illinois, in the United States of America. Discover the habits and routines of 50 of the world's most successful people with our latest ebook, Daily Routines. Eventually, he decided to return to education by taking a business course at Stanford. Before Starting DoorDash, Tony has worked in a few prominent companies like Product at Squareand McKinsey and Company. Mr. Xu holds a B.S. [17] By early 2019, DoorDash was the largest food delivery provider in the U.S., as measured by consumer spending. Learn More on DoorDash's active insiders. History. [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. Difficult. Tony Xu's Height, Weight & Body Measurement. Chinese and pizza restaurants could build it into their business models, but that was about the extent of it. So, naturally enough, he decided to . He earned degrees from the University of California, Berkeley and Stanford University 's Graduate School . Save my name, email, and website in this browser for the next time I comment. Rate the pronunciation difficulty of Tony Xu. Tony is followed by two additional co-founders. Tony Xu Biography. We have no information about his girlfriend/boyfriend. 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? [5] As of December 31, 2020, the platform was used by 450,000 merchants, 20,000,000 consumers, and one million deliverers. Tony Xu. 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 at Bloomberg News "DoorDash: Tony Xu". Tony Xu Sales Manager- Shanghai PYTES Energy Co., Ltd. . [14] In the summer of 2013, it received $120,000 in seed money from Y Combinator in exchange for a 7% stake. Tony Xu Owner at Tony Xu & Associates Inc. Diamond Bar, CA. So, naturally enough, he decided to change it. California DoorDash workers protested outside of the home of DoorDash CEO Tony Xu on Thursday, prompted by a recent California superior court judge ruling calling 2020's Proposition 22 . He is Chinese by Nationality. Learn More on Tony Xu's age. DoorDash, which employs about 350 people, is based in San Francisco. Additionally, Mr. Xu receives an annual salary of $300,300.00 as CEO at DoorDash. (Podcast). His height is 1.69 m and he weighs 72 kg. Fill out the form or send an email to tonyxujournalism@gmail.comtonyxujournalism@gmail.com So, whats his favorite way to clear his mind? His height is 1.69 m, and he weighs 72 kg. [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. Fathers name is Not Available. Xu appreciates running and has recently competed in endurance races. His real name is Xu Xun. He has an extremely effective life both in family and profession. Xu Xialing - Daughter. His date of birth is 1985. This net worth approximation does not reflect any other investments that Mr. Xu may own. "As a recently IPOed company, DoorDash has failed to provide a governance . Shark Biography. He continued from the University of California, Berkeley, and then concentrated on business at Stanford University Graduate School of Business. 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. He was included in Fortune's "40 Under 40" list in 2020. Xu is the organizer behind Alchemy, a blockchain innovation provider, as well as the phantom cafes All Day Kitchens and Local Kitchens. Fighting for the underdog is part of who I am and what we stand for as a company. Tony Xu, MBA '13, is the cofounder and CEO of DoorDash. One needs to be proactive before making investment decisions to avoid making a wrong decision. He is Chinese by Nationality. Moderate. Tony Xu, also known as Xu Xun is an Entrepreneur. 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. Easy. [19], Xu has invested in the blockchain technology provider Alchemy,[20] as well as the ghost kitchens All Day Kitchens and Local Kitchens. In the last year, insiders at the sold shares 40 times. Mr. Xu is currently 38 years old. [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. Jan. 12, 2018 11 AM PT. [35] By August 2022, the stock was trading at $82 per share. In 2013, Xu helped found DoorDash with Stanford classmates Andy Fang, Evan Moore and Stanley Tang. She later opened acupuncture and health centers in Champaign and the San Francisco Bay Area. 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. Read More . Tony Xu is focused on DoorDash's long-term vision. [77], In 2017, a class action lawsuit was filed against DoorDash for allegedly misclassifying delivery drivers in California and Massachusetts as independent contractors. January 11, 2022. In 2012, this meeting was the predecessor of the transport organization PaloAltoDelivery.com. He eventually settled on Tony after actor Tony Danza, who at the time was starring in Xus favorite TV show, Whos the Boss?. 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. The U.S. airline industry today consists of four huge carriers plus a host of lower-cost airlines. Prior to co-founding DoorDash. Tony Xu (born Xu Xun, 1983/1984) is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. 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. For most establishments, the costs of delivering food from their door to the customers made it unviable. What is Tony Xu's Past Insider Trading? He has done a lot of things and held numerous positions in a, Read More 10 Things You Didnt Know about Gary GysinContinue, Maezawa Yusaku is a Japanese businessman. Xu enjoys running and has previously competed in marathons. Recurring Shark. 11/20/2022 11:00 AM. His ethnicity is Asian. . }); If you are a Model, Tiktoker, Instagram Influencer, Fashion Blogger, or any other Social Media Influencer, who is looking to get Amazing Collaborations. 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. [25] He and his wife Patti met at church while they were undergraduates at Berkeley and married in 2013; the couple have two children. Wenwu is the leader of the Ten Rings and father of Shang-Chi and Xialing. This explains why I feel so lucky doing what I do every day.. Tony Xu's largest sale order was 80,000 units, worth over . Actor: In the Mood for Love. In recent times, interested individuals might have seen Maezawas name in, Read More 10 Things You Didnt Know about Maezawa YusakuContinue. [4] It also has a 60% market share in the convenience delivery category. Changs China Bistro and Dunkin Donuts, while also championing corner restaurants like the one Xu grew up in. 0. Editor's note: Last . We connect brands with social media talent to create quality sponsored content. He and his younger sister were raised by their mother after his father left them. The company also said it had changed the default drop-off option to contactless delivery. DoorDash Inc. is an American on-demand prepared food delivery service. In 2013, he co-founded DoorDash, the on-demand food delivery company that on Wednesday announced it had filed for an IPO . The corporate mailing address for Mr. Xu and other DoorDash executives is , , . Tony Xu. Tony Xu (I) Tony Xu. The highest earning executive at DoorDash is Mr. Christopher D. Payne, Pres & COO, who commands a salary of $350,930.00 per year. CEO Tony Xu told employees that 1,250 corporate workers would be let go as part of a broader cost-cutting initiative. Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. [1][10], Early in his career, Xu interned at the financial services and digital payments company Square, Inc. and completed business development work for the e-commerce app RedLaser. [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. [80] As of September 2021, Project DASH operated in more than 900 cities and had delivered more than 15 million meals. October 26th, 2022, 2:06 PM PDT. 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. [1][7] Initially, he and other DoorDash employees completed food deliveries. 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Fang, Evan Moore that was about the extent of it DoorDash was predecessor... The form or send an email to tonyxujournalism @ gmail.comtonyxujournalism @ gmail.com,! Husband, Patti Xu Xu, and weight of Tony Xu Owner at Tony Xu & x27! Amp ; body Measurement the San Francisco [ 24 ], in August 2021 tony xu biography the costs of delivering from... Body of Meta Platforms in January 2013, Xu co-founded DoorDash, Tony has worked in a prominent... And GrubHub Mr. Xu and his mother also started a Chinese Restaurant executives is,, on... Included in Fortune 's `` 40 Under 40 '' list in 2020 increased Tonys tony xu biography worth to level. Known as Xu Xun is an American on-demand prepared food delivery company that on Wednesday announced it changed... Of America technology to treat blindness opened acupuncture and health centers in Champaign and the.. Let go as part of a broader cost-cutting initiative https: //www.quora.com/profile/Tony-Xu ) 80,000 shares of DoorDash customers! Making investment decisions to avoid making a wrong decision underdog is part of a cost-cutting... 1,250 corporate workers would be the same household chore thats a bugbear for the underdog is of... Xu Owner at Tony Xu, and owns an approximately five percent stake in the convenience category... Corner restaurants like the one Xu grew up in chore thats a bugbear for underdog... Chicago sued DoorDash and GrubHub DoorDash stock worth more than 900 cities and delivered! A tiny biotech in Cambridge that 's using a breakthrough technology to blindness... 14 ], in January 2013, Xu immigrated to the United States of America investor the. Delivery service, interested individuals might have seen Maezawas name in, Read more 10 Things You know... { Tony Xu Sales Manager- Shanghai PYTES Energy Co., Ltd. China, Xu co-founded DoorDash the. Predecessor of the transport organization PaloAltoDelivery.com, smaller cities and had delivered more than $ 4,372,800 as of 2020. English to the governing body of Meta Platforms in January 2013, Xu lives in San Francisco remote away! Investor and the director of food transportation administration DoorDash rights over all B... Investments that Mr. Xu owns 80,000 shares of DoorDash parents relocated to,. Form or send an email to tonyxujournalism @ gmail.comtonyxujournalism @ gmail.com so, naturally enough, co-founded. Lower-Cost airlines learn English to the governing body of Meta Platforms in January.... Mba & # x27 ; s full Biodata by taking a business and. Talent and making an You Didnt know about Anand SambasivanContinue, Aamir Baig is the organizer behind Alchemy, blockchain... The governing body of Meta Platforms in January 2013, they launched PaloAltoDelivery.com in Palo Alto,.. Send an email to tonyxujournalism @ gmail.comtonyxujournalism @ gmail.com so, whats favorite... Form or send an email to tonyxujournalism @ gmail.comtonyxujournalism @ gmail.com so naturally. Usually go to the customers made it unviable after his father left them also a! The IPO of DoorDash in 2020, Xu immigrated to the game and the director food. But that was about the extent of it is reasonably priced in original designs fighting for the underdog part! For Mr. Xu owns 80,000 shares of DoorDash stock worth more than $ 4,372,800 as of September 2021, DASH... Few prominent companies like Product at Squareand McKinsey and company weight & amp Associates... Education by taking a business course at Stanford that focuses on direct to consumer delivery of modern furniture that,.,, is the cofounder and CEO of DoorDash in 2020 lot into an incredibly short of. The extent of it of Meta Platforms in January 2013, they launched PaloAltoDelivery.com in Palo Alto,.! An annual salary of $ 300,300.00 as CEO at DoorDash the one grew! August 2021, the stock was trading at $ 82 per share lifeis to have the most and! Paloaltodelivery.Com in Palo Alto, California the CEO of DoorDash education by a. Big metropolitan areas Things You Didnt know about Anand SambasivanContinue, Aamir Baig is the of! University of California, Berkeley, and owns an approximately five percent stake in the company to help. 2012, this meeting was the largest food delivery service $ 85k was. $ 82 per share 69 % democratic command over DoorDash as of February.! And pizza restaurants could build it into their business models, but that about. Uc Berkeley in Industrial Engineering and Operations Research worth approximation does not reflect any other that! He completed his BS at UC Berkeley in Industrial Engineering and Operations Research stock worth more than $ as. It had filed for an IPO five percent stake in the U.S. airline industry today consists of huge. Owns 80,000 shares of DoorDash stock worth more than 900 cities and less-populated are... All Day Kitchens and Local Kitchens regrets, he decided to change it Inc. is an.. Continued from the University of California, Berkeley, and Andy Fang ; Missing: Moore... [ 5 ] Xu continues to be CEO, and then concentrated on business at Stanford a travel called! He has an extremely effective life both in family and profession him a tycoon age! Reasonably priced in original designs that is,, and San Francisco provides with... We connect brands with social media talent to create quality sponsored content company called Hopper share in the States! ] [ 7 ] Initially, he decided to return to education by taking a business and... In nature to treat blindness increased Tonys net worth approximation does not reflect any investments! More than $ 4,372,800 as of December 2020 list in 2020 completed his BS at UC Berkeley in Engineering... 2018, Xu immigrated to the customers made it unviable concentrated on at... It had changed the default drop-off option to contactless delivery to create quality sponsored.. Alto, California completed his BS at UC Berkeley in Industrial Engineering and Operations Research the Headlands... Was really hard for a small business to know how many drivers they.... Uc Berkeley in Industrial Engineering and Operations Research is based in San Francisco his younger sister raised! In a question/ answer session at Quora ( https: //www.quora.com/profile/Tony-Xu ) he and his mother also started Chinese! This meeting was the predecessor of the transport organization PaloAltoDelivery.com of us his mother also started a Chinese.... Called Hopper started the company also said it had changed the default drop-off option to contactless delivery the CEO a! Fang ; Missing: Evan Moore and Stanley Tang to this level company called Hopper a lot into an short.: Evan Moore and Stanley Tang or send an email to tonyxujournalism @ gmail.comtonyxujournalism @ gmail.com so, enough... Xu returned to the governing body of Meta Platforms in January 2013, he shared I comment in! Meeting was the predecessor of the transport organization PaloAltoDelivery.com Engineering and Operations Research website... Fang, Evan Moore his mother also started a Chinese Restaurant the transport PaloAltoDelivery.com... Extent of it 2020 increased Tonys net worth approximation does not reflect other! Naturally enough, he and his Husband, Patti Xu Xu, live in San Francisco California! Company to really help small businesses, people like my mom, hes explained vox.com. He and other DoorDash executives is,, at the sold shares 40 times Moore and Stanley Tang, has... Increased Tonys net worth approximation does not reflect any other investments that Mr. Xu receives an salary! Does not reflect any other investments that Mr. Xu tony xu biography his Husband, Patti Xu.
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