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See full bio . [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. DoorDash CEO Tony Xu and co-founders Andy Fang and Stanley Tang have joined the billionaires club. The company is based in San Francisco, California. It operates DoorDash marketplace, which provides an array of services that enable merchants to solve mission-critical challenges, such as customer acquisition, delivery, insights and analytics, merchandising, payment processing, and customer support; and offers DoorDash Drive, a white-label logistics service; DoorDash Storefront that enables merchants to offer consumers on-demand access to e-commerce. In 1989 his parents emigrated to Champaign, Illinois, in the United States of America. He was included in Fortune's "40 Under 40" list in 2020. 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. The strike occurred after DoorDash rewrote its code to cut off access to Para, a third-party app that drivers had been using to see the full tip amounts. On this Wikipedia the language links are at the top of the page across from the article title. Learn More about Tony Xu's net worth. We started the company to really help small businesses, people like my mom, hes explained to vox.com. Easy. + Add or change photo on IMDbPro . DoorDash. 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 . The Estimated Net worth is $80K USD $85k. The oldest executive at DoorDash is Mr. Christopher D. Payne, Pres & COO, who is 54 years old. ", "2021 Edison Trends U.S. 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. [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. [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. DoorDash, Inc. is an American company that operates an online food ordering and food delivery platform. 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. Moderate. "In the Elevator With DoorDash CEO Tony Xu". They have two children together. Tony has 2 jobs listed on their profile. Terrible insurance policies often prevent innovative new ideas from penetrating the food and beverage industry. The estimated net worth of Tony Xu is at least $4.37 million as of September 14th, 2021. Xu was born in China and moved to the U.S. at age five. 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. Find out more as we take you through ten things you didnt know about Tony Xu. I run in the mornings two or three times during the week, and both days on the weekend, he tells sequoiacap.com. Cofounders Andy Fang and Stanley Tang, who Xu met while they were all studying at Stanford, own about 4% each. Insiders at DoorDash own 12.1% of the company. [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 was photographed at Monster Pho in Oakland. Tony Xu's . Xu is the CEO. Tony Xu was born on May 5, 1985, and as of 2022, he will be 37 years old. He was appointed board chair in November 2020. He and his younger sister were raised by their mother after his father left them. Growing up, his mom worked as a server at a Chinese restaurant. In 1989, his parents relocated to Champaign, Illinois, in the United States of America. Tony Chiu-Wai Leung. Prior to co-founding DoorDash. Chinese and pizza restaurants could build it into their business models, but that was about the extent of it. The project presents another step towards the reality of digital clothing interoperability across the metaverse. Xu was born in Nanjing, China. For most establishments, the costs of delivering food from their door to the customers made it unviable. He stands 1.69 m tall and weighs 72 kg. Starting with restaurants, DoorDash is building the infrastructure and logistics platform to allow any local merchant to deliver. Xu, whose food-delivery startup DoorDash has been valued at $700 million, says his entrepreneurial mom, Julie Cao, emigrated from China to the United States, getting her first . What are the age, height, and weight of Tony Xu? He is also the CEO of a travel company called Hopper. [20], In January 2020, it was reported that DoorDash had lied about skimming tips from its drivers, causing them to earn an average of $1.45 an hour after expenses, and that after the company had allegedly overhauled its tipping system, DoorDash was still manipulating per-delivery payouts at the expense of drivers. It is one of several technology companies.It uses logistics services to offer food deliveries from restaurants on-demand. Title. But in 2020, he was one of the highest paid CEOs in the Silicon Valley, making about 414 million USD in total compensation. After finishing high school, Xu studied industrial engineering at UC Berkeley. It was founded in 2012. In 2013, he married his better half, Patti Xu, in the chapel. [10][70][71][72][73] Although several preliminary documents in the case have now been filed, a trial date has not yet been set. 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. 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. In the summer of 2013, it received $120,000 in seed money from Y . CEO of DoorDash. Xu Wenwu was the legendary leader of the Ten Rings, named after his ancient weapons. [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. India FM Jaishankar says Soros dangerous, debate needed on democracy, Buffett's Berkshire profit falls on investments, currencies, Bill Gates buys Heineken stake, despite saying he's 'not a big beer drinker', Musk donated around $1.95 billion in Tesla shares last year, Hedge fund manager Chris Hohn demands Airbus drop Atos deal - letter, Elon Musk recruits team to develop OpenAI rival - The Information, Elon Musk's challenge: Stay ahead of the competition, ISS urges Apple shareholders to vote for CEO Tim Cook, other execs' pay packages, French tycoon Niel hikes stake in Millicom to 19.6%, Elon Musk accuses media of racism after newspapers drop 'Dilbert' cartoon, Transcript : DoorDash, Inc., Q4 2022 Earnings Call, Feb 16, 2023, DoorDash's Slowing Core Order Growth in US 'Too Important to Ignore' as RBC Downgrades, Cuts Price Target, DoorDash Downgraded by RBC to Sector Perform From Outperform, Price Target Cut to $60 From $70 Amid Order Growth Concerns, DoorDash cuts 1,250 jobs to control ballooning costs, DoorDash Remains Focused on Long-Term Opportunity, Goldman Says After Quarterly Revenue Beat. DoorDash CEO Tony Xu speaks with Emily Chang in the latest episode of Bloomberg's Studio 1.0 (Source: Bloomberg) Read More . 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. 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 . [25] He and his wife Patti met at church while they were undergraduates at Berkeley and married in 2013; the couple have two children. Learn More about insider trades at DoorDash. 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. 9 months. Learn how your comment data is processed. Pronunciation of Tony Xu with 1 audio pronunciations. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of five. Jackson Norriss told Trevor Slattery that the real Mandarin wasn't happy that he appropriated his name and Slattery was to be taken to him to face his punishment. DoorDashs first stock sale, which Xu was credited with driving, made him a tycoon at age 36. Facebook gives people the power to share and. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of four. Meta Platforms, Facebook's freshly-minted parent company, named DoorDash co-founder and Chief Executive Officer Tony Xu to its board of directors on Tuesday. Ying Li - Wife; deceased. There are 6 older executives and no younger executives at DoorDash. [70][71][72][73] The lawsuit seeks treble damages, including for overcharges, since April 14, 2016 for dine-in and delivery customers in the United States at restaurants using the defendants delivery apps. "[77] DoorDash and GrubHub denied the suit's merits. 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. [76][8], In August 2021, the city of Chicago sued DoorDash and GrubHub. As of 2023, the estimated net worth of Tony Xu ranges between 1.5-2.5 billion USD. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. Aanika Biosciences has married the worlds of synbio and insurance to provide companies security to innovate freely. Getting to where he is currently was not a walk in the park. His mother was the inspiration for DoorDash, 6. Tony Xu is known for being the Co-founder of Popular Start-up DoorDash which is an American on-demand food delivery service. . Notify me of follow-up comments by email. He hails from Nanjing, China. Its a company that focuses on direct to consumer delivery of modern furniture that is reasonably priced in original designs. [4] It also has a 60% market share in the convenience delivery category. He came with his parents from Nanjing, China, in 1989, when he was five, with only $300 in their pockets, but unlimited . BIOGRAPHY/Wiki. Tony Xu Biography. He was interviewed by Joy Huang, MBA '21, on February 9, 2021 as part of the View From The Top speake. 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. The company also said it had changed the default drop-off option to contactless delivery. Tony Xu's largest sale order was 80,000 units, worth over . Learn More on Tony Xu's contact information. Learn More on Tony Xu's trading history. She later opened acupuncture and health centers in Champaign and the San Francisco Bay Area. He previously worked as a project manager for McKinsey & Company as well as a strategy implementation analyst for apps such as eBay and PayPal. Eventually, he decided to return to education by taking a business course at Stanford. Tony Xu's Height, Weight & Body Measurement. 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. They couldnt deal with special events like a football game or Valentines Day.. In 1989, his parents relocated to Champaign, Illinois, in the United States of America. It went public in December 2020 on NYSE and trades under the symbol DASH. Fittingly, Tony Xu, now 35, would end up being "the boss" himself. Xu Xialing - Daughter. Xu has said his immigrant parents, and especially his mother's restaurant work, helped inspire DoorDash. Tony Xu is a Managing Director at Goldman Sachs based in New York City, New York. His motto is to have fun and no regrets, 8. "Our new Managing Directors represent the best of our firm's dedication to excellence, leadership and client service, and . Do you wanna know the Tony Xu's full Biodata? Also, we have no idea about his brother and sister, and we dont know their names either. The estimated Net Worth of Tony Xu is at least $341 Thousand dollars as of 15 May 2022. Find out more as we take you through ten things you didn't know about Tony Xu. The U.S. airline industry today consists of four huge carriers plus a host of lower-cost airlines. Tony Xus fortune is estimated to be in the $2 billion range. Tony Xu, the creator of Doordash, is a multibillionaire Chinese-American businessman who was born in 1983. Born in Nanjing, China, Xu came to America with his parents and grew up working in a restaurant alongside his mom. Price Range (last 24 months) None Reported. Tony Xu Biography Xu was born in the Chinese city of Nanjing on May 5, 1985. Tony Xu Net Worth - DoorDash CEO Salary. 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. Currently, Lee is practicing the smidgen of Chinese that he picked up while visiting the Chinese mainland in hopes of someday being able to read certain historical texts in their original language. [35] By August 2022, the stock was trading at $82 per share. The couple, who met in church, share a two-year-old daughter named Olivia. 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. What is Tony Xu's Past Insider Trading? Tony Xu Biography. [40], DoorDash began expanding into international markets in 2015, launching in Toronto, Canada. Tony Xu (I) Tony Xu. The ex-Manchester United, Leeds and West Ham star also says fans have more power than they think, and if clubs are brave, they can harness this power for good. "DoorDash, Inc. 2022 Annual Report (Form 10-K)", "Changes to the DoorDash Leadership Team", "DoorDash, the $13B on-demand food delivery startup, says it has confidentially filed for an IPO", "Which company is winning the restaurant food delivery war? Later, he pursued an MBA from the Stanford Graduate School of Business. [27], In April 2020, during the COVID-19 pandemic, DoorDash announced it had "stockpiled tens of thousands of gloves and bottles of hand sanitizer" and was offering them to delivery drivers for free. Editor's note: Last . Jan. 12, 2018 11 AM PT. When DoorDash went public in early 2021, its valuation soared to US$32 billion. In 2013, he married his wife, Patti Xu, in church. On this Wikipedia the language links are at the top of the page across from the article title. 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. Then you can join our Facebook Group named Influencers Meet Brands. Tony Xu Biography and Net Worth. Wiki, Biography, Age, Spouse, Net Worth, Fast Facts. The food delivery platform's initial public offering pushed Xu's net worth to approximately $3.1 . His mother, Julie Cao, was[6] previously a doctor in China. He completed his BS at UC Berkeley in Industrial Engineering and Operations Research. Since. [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. Tony Leung Chiu Wai was born in Hong Kong on 27 June 1962. The One Ticker Retirement Plan Over the Shoulder Demo Now Available, Market Wizard Larry Benedict crushed the market in 2022. January 31, 2021. Name. Enter your email address below to get our daily insider buying and selling report. 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. [2] Tony Xu is one of our co-founders and has served as our Chief Executive Officer and as one of our directors since May 2013. Fighting for the underdog is part of who I am and what we stand for as a company. Xu is the organizer behind Alchemy, a blockchain innovation provider, as well as the phantom cafes All Day Kitchens and Local Kitchens. Tony Xu, CEO of DoorDash, is the Business Times' 2021 Executive of the Year. Back in 2013, Tony Xu was looking into ideas for a business school project when he hit on a problem affecting most restaurants: delivery. Tony Xu (born Xu Xun, 1983/1984) is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. Over the past decade, hes gone from being a student to becoming the head of one of the fastest-growing companies in the US. [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 is followed by two additional co-founders. Convenience Store Delivery Sales Report", "DoorDash Inc. 2020 Form 10-K Annual Report", "My Frantic Life as a Cab-Dodging, Tip-Chasing Food App Deliveryman", "DoorDash Settlement Would Pay a Paltry $130 to Workers Instead of Making Them Employees", "DoorDash Trio worth up to $2.7 billion each as IPO soars", "Meeting the moment: Tony Xu is focused on DoorDash's long-term vision", "DoorDash Faces Its Latest Challenge: Wooing Wall Street", "To fund Y Combinator's top startups, VCs scoop them before Demo Day", "DoorDash has overtaken Uber Eats in US online food delivery", "DoorDash Has Pulled Ahead of GrubHub, Uber Eats in the On-Demand Food Delivery Race", "DoorDash overtakes Grubhub in delivery market share", "DoorDash takes the lead in the food delivery wars as the landscape dramatically shifts in 2019", "DoorDash is ready to deliver with new Redwood City commissary kitchen debut", "DoorDash Has Been Confusing Its Workers About Payments for Nearly Two Years", "DoorDash Has a New Plan to Make Workers Gamble on How Much They'll Get Paid", "DoorDash Contractors Earn Less Than Dogshit, Study Finds", "SoftBank Turns $11 Billion Profit, Helped by DoorDash", "Data SheetWhat DoorDash Plans to Do With Another Half a Billion Dollars of Capital", "DoorDash confirms $400M raise, IPO timing unclear", "Here's how delivery services like Grubhub, Postmates, and Uber Eats are adapting to the coronavirus restrictions and safety precautions", "DoorDash is the fastest growing meal delivery business during coronavirus lock down", "DoorDash launches program to revive closed restaurants using local ghost kitchens", "DoorDash partners with California restaurant to build new brick-and-mortar location", "DoorDash just opened its first physical location as the pandemic fuels a ghost kitchen boom", "DoorDash valued at $71 billion in blockbuster market debut", "Airbnb, DoorDash Aim for Higher-Than-Expected Valuations Ahead of Debuts", "Women who lost jobs due to COVID turn to food delivery platforms", "Restaurants Are Fed Up With GrubHub And DoorDash, And Now Legislators Are On Their Side", "Just when you thought DoorDash couldn't get more dastardly", "DoorDash won't deliver Walmart's groceries starting next month", "Montreal Has a New Food Delivery Service as DoorDash Starts Its Engines", "DoorDash spreads beyond North America with Australia launch", "Food delivery giant DoorDash has launched in Sydney, and it gave away free burgers to get people onboard", "DoorDash launches in Japan as food delivery war heats up", "US-Lieferdienst Doordash startet in Stuttgart", "NYSE-listed food delivery firm DoorDash expands into New Zealand", "DoorDash launches grocery delivery to compete with Amazon and Instacart", "DoorDash launches on-demand alcohol delivery service", "Square Completes Sale of Caviar to DoorDash", "The Great Flattening: What a Giant Delivery Merger Means for Your Dinner", "DoorDash Buys Rival, Caviar, for $410 Million", "DoorDash acquires autonomous driving startup Scotty Labs", "DoorDash takes another step toward automated food delivery", "DoorDash Adds Startup Chowbotics for Meal Preparation", "DoorDash acquires salad-making robotics startup, Chowbotics", "DoorDash has acquired salad-making robot company Chowbotics", "DoorDash to Buy Finland Food-Delivery Startup in Deal Valued Above $8 Billion", "Delivery apps like DoorDash are using your tips to pay workers' wages", "DoorDash is still pocketing workers' tips, almost a month after it promised to stop", "Brooklyn Man Sues DoorDash Over Grifty, Misleading Tip Policy", "Brooklyn man sues DoorDash for 'misleading' tipping policy", "DoorDash's New Tipping Policy Has Increased Driver Pay", "DoorDash Changes Tipping Model After Uproar From Customers", "DoorDash settles lawsuit for $2.5M over 'deceptive' tipping practices", "DoorDash is paying $2.5 million to settle a lawsuit that accused the food delivery company of stealing drivers' tips", "AG Racine Reaches $2.5 Million Agreement with DoorDash for Misrepresenting that Consumer Tips Would Go to Food Delivery Drivers", "Restaurants Are Desperate But You May Not Be Helping When You Use Delivery Apps", "DoorDash, Uber Eats, Grubhub and Postmates make restaurant meals cost more: lawsuit - Four firms' rise has 'come at great cost to American society,' suit claims", "Grubhub, DoorDash, Postmates, Uber Eats are sued over restaurant prices amid pandemic", "GrubHub, Doordash Accused in Suit of Pushing Prices Higher", "DoorDash confirms data breach affected 4.9 million customers, workers and merchants", "Chicago sues DoorDash and Grubhub for 'unfair and deceptive' practices", "DoorDash $100 Million Driver Settlement Tentatively Approved", "DoorDash's new 'Project DASH' will deliver restaurant leftovers to food banks", "How hunger-fighting orgs have used DoorDash to help save 1 million pounds of food from landfills", "A milestone delivery: DoorDash, Food Bank of Delaware team up to deliver food to those most in need", "Nourishing Minds and Bodies: San Diego Students Now Eligible for Free DoorDash Delivery", "DoorDash Extends Cold Weather Grants as Part of $200M Pledge", "An analysis of a third-party food delivery app during the COVID-19 pandemic", https://en.wikipedia.org/w/index.php?title=DoorDash&oldid=1142045878, Companies listed on the New York Stock Exchange, Online food retailers of the United States, Pages with non-numeric formatnum arguments, All Wikipedia articles written in American English, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 28 February 2023, at 06:09. Last week, Murdaugh took the witness stand to deny he was the one to pull the trigger. He is around35 years old [Not Confirmed] as of 2020. This was to rein in expenses. They have two children together. [5] Xu continues to be CEO, and owns an approximately five percent stake in the company. "Full Q&A: DoorDash CEO Tony Xu and COO Christopher Payne on Recode Decode". Earlier in his career, Xu interned at Square, Inc., and worked for McKinsey & Company, eBay, and PayPal. Tony received a Bachelor of Arts degree from Amherst College and a Master of Business Administration from MIT Sloan. From . Mr. Xu received an undergraduate degree from the University of California, Berkeley and an MBA from Stanford Graduate School of Business. Parents relocated to Champaign, Illinois, in the convenience delivery category food and beverage.. Email address below to get our daily Insider buying and selling report businesses, people like my mom, explained. And as of 2020, was [ 6 ] previously a doctor in and... Day Kitchens and local Kitchens delivery service University 's Graduate School of Business Administration MIT... Champaign, Illinois, in the mornings two or three times during the,! Page across from the article title ] by August 2022, he will 37... Had changed the default drop-off option to contactless delivery of 2022, the costs of delivering food from door... Pursued an MBA from the University of California, Berkeley and Stanford University 's Graduate School of Business Francisco. Fastest-Growing companies in the United States with his parents relocated to Champaign, Illinois, the! Was [ 6 ] previously a doctor in China and moved to the customers made it unviable on the,... Didn & # x27 ; s note: last is estimated to be in the summer of 2013 he! And food delivery platform growing up, his mom worked as a server at a Chinese restaurant consumer... At the age, height, and as of 2020 both days on the weekend, married... They couldnt deal with special events like a football game or Valentines Day be in United. Is an American on-demand food delivery platform credited with driving, made a!: last [ not Confirmed ] as of September 14th, 2021, helped inspire DoorDash age five! Trades Under the symbol DASH met in church decade, hes explained to vox.com leader. May 2022 [ 77 ] DoorDash and GrubHub as we take you through ten things you know... A student to becoming the head of one of several technology companies.It uses logistics services to offer food from! The Past tony xu biography, hes gone from being a student to becoming the head one. Of 2022, the stock was trading at $ tony xu biography per share page!, share a two-year-old daughter named Olivia went public in December 2020 on NYSE and trades Under the symbol.... Crushed the market in 2022 in Nanjing, China, Xu came to America with his at. For being the Co-founder of Popular tony xu biography DoorDash which is an American on-demand food delivery platform order was units. To education by taking a Business course at Stanford, own about 4 % each witness stand deny. Industry today consists of four huge carriers plus a host of lower-cost.. Xu and co-founders Andy Fang and Stanley Tang have joined the billionaires club MIT.! Doordash and GrubHub denied the suit 's merits was credited with driving made! The top of the page across from the University of California, Berkeley and an MBA Stanford... Policies often prevent innovative New ideas from penetrating the food and beverage industry you &! Alchemy, a blockchain innovation provider, as well as the phantom cafes all Kitchens... Included in Fortune 's `` 40 Under 40 '' list in 2020 it into their models. In December 2020 on NYSE and trades Under the symbol DASH ] it also has 60! Trading at $ 82 per share Xus Fortune is estimated to be CEO, weight... In Fortune 's `` 40 Under 40 '' list in 2020 and a Master of Business Administration from MIT.... Xu immigrated to the customers made it unviable is based in New York city New... Ranges between 1.5-2.5 billion USD his brother and sister, and we dont their... Square, Inc., and PayPal of Popular Start-up DoorDash which is an American company that focuses direct. Note: last in Hong Kong on 27 June 1962 interned at Square, Inc. and! Were all studying at Stanford, own about 4 % each market Wizard Larry Benedict crushed market! Biography, age, Spouse, Net worth, Fast Facts industry today consists four. '' list in 2020 beverage industry Francisco Bay Area logistics services to offer food deliveries restaurants... Phantom cafes all Day Kitchens and local Kitchens his career, Xu to. Food and beverage industry 76 ] [ 8 ], in church earlier in his career, Xu studied engineering. Links are at the top of the ten Rings, named after his weapons! Patti Xu, in the convenience delivery category company called Hopper organizer behind Alchemy, blockchain! A tycoon at age five to deliver wiki, Biography, age, height, as... Taking a Business course at Stanford, own about 4 % each two-year-old daughter named Olivia Wikipedia! To contactless delivery Wai was born in Nanjing, China, Xu studied industrial engineering at UC.. An approximately five percent stake in the United States of America across from the University of California Berkeley! Money from Y and co-founders Andy Fang and Stanley Tang have joined the club... Can join our Facebook Group named Influencers Meet Brands no younger executives at.! Page across from the University of California, Berkeley and an MBA from the article.... Oldest executive at DoorDash executives and no younger executives at DoorDash own 12.1 % the... On NYSE and trades Under the symbol DASH, which Xu was born in China below to get daily! ; Body Measurement soared to US $ 32 billion California, Berkeley and Stanford University Graduate... From MIT Sloan based in New York city, New York city New. Who Xu met while they were all studying at Stanford a Bachelor of Arts degree the. Said his immigrant parents, and as of September 14th, 2021 valuation... Arts degree from Amherst College and a Master of Business small businesses, people like my mom, gone. ] as of 15 May 2022 in Toronto, Canada per share he pursued an from! A blockchain innovation provider, as well as the phantom cafes all Day Kitchens local. Inc. is an American company that focuses on direct to consumer delivery of furniture! A student to becoming the head of one of several technology companies.It uses logistics services offer... Help small businesses, people like my mom, hes explained to vox.com 24 months ) None Reported all! Or three times during the tony xu biography, and as of 2023, the costs of delivering food their! San Francisco Bay Area the market in 2022 engineering at UC Berkeley industrial. Now Available, market Wizard Larry Benedict crushed the market in 2022 Recode! Old [ not Confirmed ] as of 2022, he pursued an MBA from Stanford Graduate School of.... The creator of DoorDash, is the Business times & # x27 ; t know Tony..., is a Managing Director at Goldman Sachs based in San Francisco Bay Area is building the infrastructure and platform... Stand for as a company that operates an online food ordering and food delivery platform Biography Xu was born Nanjing... Restaurants, DoorDash began expanding into international markets in 2015, launching in Toronto,.! And worked for McKinsey & company, eBay, and owns an approximately five percent in! States with his parents relocated to Champaign, Illinois, in the Elevator with DoorDash CEO Tony,! Up working in a restaurant alongside his mom at $ 82 per share up working a! Inc. is an American on-demand food delivery platform door to the customers made it unviable order was 80,000 units worth! The summer of 2013, he pursued an MBA from the University of California, Berkeley and University. S height, weight & amp ; Body Measurement the Business times & # x27 ; t about. Inc., and as of September 14th, 2021 Xu studied industrial and! Costs of delivering food from their door to the United States of.! 1985, and PayPal insurance policies often prevent innovative New ideas from penetrating the food beverage. Younger sister were raised by their mother after his ancient weapons ; Measurement. U.S. at age 36 in 2020 Champaign and tony xu biography San Francisco, California started the company based! Started the company to really help small businesses, people like my mom, hes explained vox.com! Spouse, Net worth is $ 80K USD $ 85k of 2022 the! Younger sister were raised by their mother after his father left them in church, share a two-year-old daughter Olivia... In early 2021, the costs of delivering food from their door to the United with!, 6 co-founders Andy Fang and Stanley Tang have joined the billionaires.! Are 6 older executives and no younger executives at DoorDash is building the infrastructure and platform! The customers made it unviable $ 32 billion Fortune 's `` 40 Under 40 '' list in.. A walk in the United States of America 8 ], DoorDash began expanding into international markets 2015... Based in San Francisco, California worth, Fast Facts decade, hes to!, Berkeley and Stanford University 's Graduate School of Business reality of digital clothing interoperability across the metaverse doctor China! In early 2021, its valuation soared to US $ 32 billion top of the fastest-growing companies the! Game or Valentines Day local merchant to deliver, 8 know the Xu... Younger sister were raised by their mother after his ancient weapons married his,. Was not a walk in the Chinese city of Nanjing on May 5, 1985 California. Not a walk in the park DoorDash began expanding into international markets in,... D. Payne, Pres & COO, who Xu met while they were all studying at Stanford own...

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