He has an extremely effective life both in family and profession. 11/20/2022 11:00 AM. Born in Nanjing, China, Xu moved with his family to America at the age of five. Tony Xu, who was born on May 5, 1985, is 37 years old as of today, August 9, 2022. He has a very business-oriented mindset and continues to make money using his knowledge and skillset. Learn More on DoorDash's active insiders. 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. Editor's note: Last . Tony Xu Age, height, weight Tony Xu was born on May 5, 1985 and is 37 years old from about 2022. Rate the pronunciation difficulty of Tony Xu. Now, his relationship is perfect. It was a different license, and we only had $250 in the bank, so we couldnt put her through school. 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. He stands 1.69 m tall and weighs 72 kg. 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. The company is based in San Francisco, California. Tony Xu (DoorDash CEO) Wiki, Biography, Age, Family, Facts and More, Andrew Carnegie Wiki, Biography, Net Worth, Age, Family, Facts and More. They have two children together. 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. The guest shark Tony Xu is a Chinese-American billionaire and a businessman, who was born in 1983. DoorDash's initial public offering in 2020, which Xu has been credited for leading,[12] made him a billionaire at the age of 36. But in 2020, he was one of the highest paid CEOs in the Silicon Valley, making about 414 million USD in total compensation. The One Ticker Retirement Plan Over the Shoulder Demo Now Available, Market Wizard Larry Benedict crushed the market in 2022. Founder of DoorDash, Inc., Tony Xu is Chief Executive Officer & Director at this company. He is also referred to as a business investor and the director of food transportation administration DoorDash. On this Wikipedia the language links are at the top of the page across from the article title. Recode. 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]. DoorDash Inc. is an American on-demand prepared food delivery service. As of 2023, the estimated net worth of Tony Xu ranges between 1.5-2.5 billion USD. 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. Tony Xu says AB5 would have disastrous results if implemented. In 1982, after passing the training courses of TVB, Tony became a TV actor and became famous for his comedy style in such TV shows as Tales of a Eunuch (1983) or The. All Rights Reserved. We have no information about his girlfriend/boyfriend. It was founded in 2012. Moderate. Tony Xu, 33, is a co-founder and chief executive of the DoorDash on-demand food-delivery start-up. }); If you are a Model, Tiktoker, Instagram Influencer, Fashion Blogger, or any other Social Media Influencer, who is looking to get Amazing Collaborations. While the company has . L-R: Stanley Tang, Tony Xu, and Andy Fang; Missing: Evan Moore. After working on corporate development for the RedLaser e-commerce software, Xu began his career as an intern at Square, Inc., a startup in banking, finance, and digital payments. [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 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. Difficult. The project presents another step towards the reality of digital clothing interoperability across the metaverse. He changed his name when he was five. The Estimated Net worth is $80K USD $85k. Xu met his co-founders at Stanford. His date of birth is 1985. But are these incentives worth packing a moving van? Additionally, Mr. Xu receives an annual salary of $300,300.00 as CEO at DoorDash. He has voting rights over all Class B resources, giving Xu 69% democratic command over DoorDash as of December 2020. [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. Prior to the move, Xus mother had practiced medicine. Ill usually go to the Marin Headlands or somewhere in nature. Its a company that focuses on direct to consumer delivery of modern furniture that is reasonably priced in original designs. Tony Xu CEO & Co-Founder. Tony Xu Net Worth - DoorDash CEO Salary. Experience. [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. 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. It helps me regulate my mind and body, which I think is why the habit stuck. CEO of 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. At the time of the strike, and as of June 2022, DoorDash did not allow drivers to see the full tip amounts prior to accepting a delivery in the app. [11][12][13], In January 2013, they launched PaloAltoDelivery.com in Palo Alto, California. One needs to be proactive before making investment decisions to avoid making a wrong decision. What is Tony Xu's Past Insider Trading? On this Wikipedia the language links are at the top of the page across from the article title. Tony Xu Biography. Very difficult. [4] It also has a 60% market share in the convenience delivery category. The couple, who met in church, share a two-year-old daughter named Olivia. Tony Xu, who was born on May 5, 1985, is 37 years old as of today, August 9, 2022. If you know some information, please comment below. [21][22][23], Signatories to the Giving Pledge, he and his wife Patti have made significant donations in support of Berkeley, Northwestern, and the Asian American and Pacific Islander (AAPI) community. But later he immigrated to the United States with his parents when he was five years old. 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. Born in China, Tony came to America with his parents and grew up working in his mom's restaurant. Later, he pursued an MBA from the Stanford Graduate School of Business. 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 . He is also the CEO of a travel company called Hopper. Learn More about insider trades at DoorDash. We started the company to really help small businesses, people like my mom, hes explained to vox.com. Too much a liability for any self-respecting University, Xu was unemployable upon release. [19], In October 2019, DoorDash opened its first ghost kitchen, DoorDash Kitchen, in Redwood City, California, with four restaurants operating at the location. Its less than 10 seconds watch it here. The platform was built exclusively for electrical contractors after Rioumine and her former, Read More 10 Things You Didnt Know About Maria RioumineContinue, Investment decisions have become challenging in the current world with the recent market events, which are becoming unpredictable. The company also said it had changed the default drop-off option to contactless delivery. In the past Mr. Xu held the position of Principal at McKinsey & Co., Inc., Associate for Matrix Management Corp. and Principal at RedLaser. in Industrial Engineering and Operations Research from the University of California, Berkeley and an M.B.A. from the Stanford Graduate School of Business. [75], In July 2021, DoorDash drivers went on strike to protest lack of tip transparency and to ask for higher pay. For most establishments, the costs of delivering food from their door to the customers made it unviable. 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 . As of 2020, it holds the largest market share in the USA. 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 is known for being the Co-founder of Popular Start-up DoorDash which is an American on-demand food delivery service. After finishing high school, Xu studied industrial engineering at UC Berkeley. [9] He has described himself as an "avid" basketball fan,[27][28] and has credited the sport and television for helping him learn English.[10][29]. 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. He hails from Nanjing, China. View Tony Xu's profile on LinkedIn, the world's largest professional community. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. 9 months. His height is 1.69 m, and he weighs 72 kg. Ying Li - Wife; deceased. Tony Xu. [62][63] The case was referred to arbitration in August 2020. When a customer added a tip, instead of going directly to the driver, it first went to the company to cover the guaranteed minimum. Tony Xu is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. He earned degrees from the University of California, Berkeley and Stanford University 's Graduate School . She later opened needle therapy and wellness centers in Champaign and the San Francisco Bay Area. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. Pulling on a pair of sneakers and hitting the pavements. Last week, Murdaugh took the witness stand to deny he was the one to pull the trigger. He was named to Fortunes 40 Under 40 rundown in 2020. Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. DoorDash is focused on being the restaurant industrys last-mile solution and has grown into a $700 million leader in the on-demand space. 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 . Tony Xu, the creator of Doordash, is a multibillionaire Chinese-American businessman who was born in 1983. But it's too early to write off Klarna. 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. Xu Xialing - Daughter. 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. Tony Xu is a remarkable finance manager who has made extraordinary strides in his profession. Spoken Languages. Get notified the next time Tony Xu buys or sells DoorDash stock. Spotting a gap in the market, Xu and his fellow Stanford classmates, Stanley Tang, Andy Fang, and Evan Moore, set out to fill it. I run in the mornings two or three times during the week, and both days on the weekend, he tells sequoiacap.com. January 11, 2022. It incorporated as DoorDash in June 2013. As a first-generation American who grew up working in his mom's restaurant, Xu started DoorDash to help small business owners succeed. DoorDash, Inc. operates a logistics platform that connects merchants, consumers, and dashers in the United States and internationally. 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. Changs China Bistro and Dunkin Donuts, while also championing corner restaurants like the one Xu grew up in. October 26th, 2022, 2:06 PM PDT. Written by hao. Exp Realty. [77], In 2017, a class action lawsuit was filed against DoorDash for allegedly misclassifying delivery drivers in California and Massachusetts as independent contractors. Frederic Lalonde is a North American businessman and entrepreneur. [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. 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. 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Xu was born in the Chinese city of Nanjing on May 5, 1985. 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. Portfolio - The Vancouver Sun; Portfolio - MEC; Contact; Main; Bio; Portfolio; Portfolio - The Vancouver Sun; Portfolio - MEC 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. Email. Xu has crammed a lot into an incredibly short space of time. 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. Tony Xu was born on May 5, 1985, and as of 2022, he will be 37 years old. Tony Xu is known for Entrapment (1999), Spy Game (2001) and On Dangerous Ground (1996). It was really hard for a small business to know how many drivers they need. He was caught after one too many 'exploratory' trips into K&O servers, and spent time in a detention center as a result. The experience proved invaluable, as he later discussed with davidsnotes.substack.com. Most recently, Tony Xu sold 80,000 shares of the business's stock in a transaction on Tuesday, January 11th. So, whats his favorite way to clear his mind? Tony worked in Product at Square, led special projects for the CEO and CFO at eBay, and began his career at McKinsey and Company. It Takes Two (simplified Chinese: ) is a 2012 Singaporean Chinese year-end blockbuster drama produced by MediaCorp TV.It stars Chen Hanwei, Yao Wenlong, Kym Ng, Ann Kok & Zheng Geping as casts of the series. He was included in Fortune's "40 Under 40" list in 2020. Fill out the form or send an email to tonyxujournalism@gmail.comtonyxujournalism@gmail.com 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. Do Not Sell or Share My Personal Information. [13][15], In December 2018, DoorDash overtook Uber Eats to hold the second position in total US food delivery sales, behind GrubHub. It would be the same household chore thats a bugbear for the rest of us. His height is 1.69 m, and he weighs 72 kg. It also generated $1 billion in losses last year. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. Tony Xu Biography Xu was born in the Chinese city of Nanjing on May 5, 1985. Find out more as we take you through ten things you didnt know about Tony Xu. His mother, Julie Cao, was[6] previously a doctor in China. [7][60][61][62] Drivers receive a guaranteed minimum per order that is paid by DoorDash by default. Despite the pressure of running DoorDash, Xus priority is clearly his family. His motto is to have fun and no regrets, 8. Xu keeps his position as CEO and claims about 5% of the organization. That kind of thing doesnt go unnoticed, as Xu himself learned when he earned a place on Fortunes prestigious 40 under 40, an annual round-up of the most influential people under the age of 40. His Girlfriend/boyfriends name is Not Available. Learn how your comment data is processed. [9][11], Xu co-founded the delivery platform DoorDash in 2013 with Stanford classmates Andy Fang, Evan Moore, and Stanley Tang; the group had previously worked together to launch the predecessor delivery service PaloAltoDelivery.com in 2012. He and his younger sister were raised by their mother after his father left them. Meta Platforms, Inc. He was named in Fortunes 40 Under 40 list in 2020. The oldest executive at DoorDash is Mr. Christopher D. Payne, Pres & COO, who is 54 years old. Tony Xu Tony Xu is the co-founder and CEO of DoorDash. DoorDash, Inc. was incorporated in 2013 and is headquartered in San Francisco, California. Tony Xu, (born 1985 as Xu Xun) (Chinese: ), is a Chinese-American technology executive and the co-founder and CEO of DoorDash. Born in Nanjing, China, Xu came to America with his parents and grew up working in a restaurant alongside his mom. 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. Tony Xu is CEO/Co-Founder at DoorDash Inc. See Tony Xu's compensation, career history, education, & memberships. Xu has stated that the eating activities of his foreign guardians, especially his mothers, influenced the making of DoorDash. 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. 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 . [4] He and his wife Patti are signatories to the Giving Pledge. He is known for being the co-founder and chief executive officer (CEO) of his company DoorDash. 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. He depicts himself as an avid ball fan and lets his ability to teach English to the game and the media. She later opened acupuncture and health centers in Champaign and the San Francisco Bay Area. To pursue its mission, DoorDash is building infrastructure for local commerce, enabling merchants to thrive in the convenience economy, giving consumers access to more of their communities, and providing work that empowers. DoorDash, which employs about 350 people, is based in San Francisco. Learn More on Tony Xu's contact information. 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