He was caught after one too many 'exploratory' trips into K&O servers, and spent time in a detention center as a result. Tony Xu is focused on DoorDash's long-term vision. Tony has 2 jobs listed on their profile. [11], In addition to DoorDash's board of directors,[15] Xu is a board member of the Silicon Valley Chinese Association Foundation and an executive council member of TechNet. A year later, he decided he'd had enough of trying to teach his classmates and teachers how to pronounce his name. "Full Q&A: DoorDash CEO Tony Xu and COO Christopher Payne on Recode Decode". He hails from Nanjing, China. DoorDash, Inc. operates a logistics platform that connects merchants, consumers, and dashers in the United States and internationally. 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Tony Xu: Daily Routine. 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. 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. NEW YORK, November 12, 2015 -- The Goldman Sachs Group, Inc. (NYSE: GS) today announced that it has selected a new class of Managing Directors, effective from January 1, 2016, the start of the firm's next fiscal year. He and his co-founders started DoorDash to help local businesses like that restaurant succeed. His height is 1.69 m and he weighs 72 kg. Mr. Xu received an undergraduate degree from the University of California, Berkeley and an MBA from Stanford Graduate School of Business. 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. Tony is followed by two additional co-founders. His motto is to have fun and no regrets, 8. [70][71][72][73] The plaintiffs stated that this arrangement increases the cost for dine-in customers, as they are required to subsidize the cost of delivery; and that the apps charge exorbitant fees, which range from 13% to 40% of revenue, while the average restaurant's profit ranges from 3% to 9% of revenue. The company is based in San Francisco, California. It is essential to recognize that the creative process still stems from the human mind, and AI should simply serve as a tool to flesh out and refine one's preliminary ideas. Rate the pronunciation difficulty of Tony Xu. [83], In terms of delivery, DoorDash has an algorithm that plans routes automatically and can choose a faster route. Then you can join our Facebook Group named Influencers Meet Brands. Learn More about Tony Xu's net worth. [16][17][18], In January 2022, Tony Xu joined the board directors of Meta Platforms. 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. 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. [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. There are 6 older executives and no younger executives at DoorDash. Fighting for the underdog is part of who I am and what we stand for as a company. Tony Xu. DoorDash's insider roster includes Prabir Adarkar (CFO), Shona Brown (Director), Andy Fang (Director), Gordon Lee (CAO), Alfred Lin (Director), Stanley Meresman (Director), Christopher Payne (COO), Tia Sherringham (General Counsel), Stanley Tang (Director), Tony Xu (CEO), and Keith Yandell (Insider). Ruthless doesnt mean demeaning people or disrespecting them, says Andrew Munday, one of DoorDashs first full-time employees. 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 . It just means a really, really high standard. Xu keeps his position as CEO and claims about 5% of the organization. The food delivery platform's initial public offering pushed Xu's net worth to approximately $3.1 . In 1989, his parents relocated to Champaign, Illinois, in the United States of America. [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. In the last year, insiders at the sold shares 40 times. It delivers meals and more from 390,000 restaurants and other merchants like CVS. As a first-generation American who grew up working in his moms restaurant, Tony started DoorDash to help small business owners succeed. [45] In June 2022, the company expanded into the Wellington Region of New Zealand. DoorDash's initial public offering in 2020, which Xu has been credited for leading,[12] made him a billionaire at the age of 36. Enter your email address below to get our daily insider buying and selling report. DoorDash, Inc. was incorporated in 2013 and is headquartered in San Francisco, California. 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. [4] He and his wife Patti are signatories to the Giving Pledge. In January 2013, they launched PaloAltoDelivery.com in Palo Alto, California. Fathers name is Not Available. We connect brands with social media talent to create quality sponsored content. Tony Xu's Height, Weight & Body Measurement. Growing up, his mom worked as a server at a Chinese restaurant. Tony Xu (born Xu Xun, 1983/1984) is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. [5][26], Xu enjoys running and used to participate in marathons. [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. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. Tony Xu Biography Xu was born in the Chinese city of Nanjing on May 5, 1985. 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. In 2013, Xu helped found DoorDash with Stanford classmates Andy Fang, Evan Moore and Stanley Tang. This page has information about Tony Xu, who [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. As of 2020, it holds the largest market share in the USA. Tony worked in Product at Square, led special projects for the CEO and CFO at eBay, and began his career at McKinsey and Company. The guest shark Tony Xu is a Chinese-American billionaire and a businessman, who was born in 1983. Xu Xialing - Daughter. In 1989, his parents relocated to Champaign, Illinois, in the United States of America. She later opened acupuncture and health centers in Champaign and the San Francisco Bay Area. Wiki, Biography, Age, Spouse, Net Worth, Fast Facts. From . Get notified the next time Tony Xu buys or sells DoorDash stock. View Tony Xu's profile on LinkedIn, the world's largest professional community. This week, food delivery giant DoorDash went public, seeing its share price skyrocket to $189 within days. [10][70][71][72][73] Although several preliminary documents in the case have now been filed, a trial date has not yet been set. Fill out the form or send an email to tonyxujournalism@gmail.comtonyxujournalism@gmail.com 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. Mr. Xu owns 80,000 shares of DoorDash stock worth more than $4,372,800 as of February 28th. [7] His father was a professor in China who studied aerospace engineering and applied mathematics at the University of Illinois Urbana-Champaign,[1] where he earned his Ph.D.[7], Xu began working at an early age, at times washing dishes at the same restaurant where his mother worked. Tony Xu cofounded restaurant delivery service DoorDash in 2013 and became a billionaire after its 2020 IPO. Written by hao. Tony Xu. Save my name, email, and website in this browser for the next time I comment. Among the questions asked was an inquiry into what advice hed offer young entrepreneurs looking to begin their own startups. He is Chinese by Nationality. It would be the same household chore thats a bugbear for the rest of us. Tony Xu Tony Xu is the co-founder and CEO of DoorDash. 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 . [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. 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. He depicts himself as an avid ball fan and lets his ability to teach English to the game and the media. What is Tony Xu's Past Insider Trading? He and his younger sister were raised by their mother after his father left them. Title. It also generated $1 billion in losses last year. Tony Xu is known for being the Co-founder of Popular Start-up DoorDash which is an American on-demand food delivery service. Born prematurely in Nanjing, China, his parents decided to name him "Xun . There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. Learn More on DoorDash's active insiders. Pronunciation of Tony Xu with 1 audio pronunciations. 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. (Podcast). This site uses Akismet to reduce spam. [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. Tony Xu, the creator of Doordash, is a multibillionaire Chinese-American businessman who was born in 1983. Difficult. Despite the pressure of running DoorDash, Xus priority is clearly his family. Xu, who was born in Nanjing, China, traveled to the United States of America with his family when he was five years old. Tony Xu has not been actively trading shares of DoorDash over the course of the past ninety days. 9 months. 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. His date of birth is 1985. 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. All Rights Reserved. Stern, Joanna (December 13, 2019). 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]. "[77] DoorDash and GrubHub denied the suit's merits. The corporate mailing address for Mr. Xu and other DoorDash executives is , , . The IPO of DoorDash in 2020 increased Tonys net worth to this level. [77], In 2017, a class action lawsuit was filed against DoorDash for allegedly misclassifying delivery drivers in California and Massachusetts as independent contractors. 2 /5. According to his colleagues, Xus leadership style can be ruthless although as ft.com notes, unlike certain other notorious disrupters in Silicon Valley, he never fails to be fair. [80] As of September 2021, Project DASH operated in more than 900 cities and had delivered more than 15 million meals. He holds a B.S. Its a company that focuses on direct to consumer delivery of modern furniture that is reasonably priced in original designs. Pulling on a pair of sneakers and hitting the pavements. His answer revealed the personal philosophy that drives his success. DoorDash's fourth co-founder, however, is largely overlooked. [13][14], In 2020, Xu was included in Fortune's "40 Under 40" list. Xu Shang-Chi - Son. Xu owns 4.6% of the delivery giant while cofounders Andy Fang, 28 . DoorDashs IPO in 2020 has expanded Tonys total net worth to this level. The Estimated Net worth is $80K USD $85k. Xu met his co-founders at Stanford. Born in China, Tony came to America with his parents and grew up working in his mom's restaurant. The partnership with the NUL includes $12 million in funding to assist drivers of color in building job skills and financial literacy. We have no more information about his spouse. Back in 2018, Xu took part in a question/ answer session at Quora (https://www.quora.com/profile/Tony-Xu). [35] By August 2022, the stock was trading at $82 per share. "Our new Managing Directors represent the best of our firm's dedication to excellence, leadership and client service, and . Ill usually go to the Marin Headlands or somewhere in nature. Cofounders Andy Fang and Stanley Tang, who Xu met while they were all studying at Stanford, own about 4% each. The accident took place near the city of Larissa as a passenger train collided head-on with a cargo train at high speed late on Tuesday night. His exact net worth is unknown. Xu appreciates running and has recently competed in endurance races. Humbled and honored to have won the CTO of the year at the 2022 Digital Masters Awards. Easy. [81][82], DoorDash partnered with the National Urban League in 2020 as part of its Main Street Strong program, which included a pledge of $200 million over five years to support restaurants during the coronavirus pandemic. Xu was born in Nanjing, China. 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. It was a different license, and we only had $250 in the bank, so we couldnt put her through school. That is, Read More 10 Things You Didnt Know about Anand SambasivanContinue, Aamir Baig is the CEO of Article. In the last year, DoorDash insiders bought shares 2 times. He was photographed at Monster Pho in Oakland. Changs China Bistro and Dunkin Donuts, while also championing corner restaurants like the one Xu grew up in. Earlier in his career, Xu interned at Square, Inc., and worked for . 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. He completed his BS at UC Berkeley in Industrial Engineering and Operations Research. We have no more Information about his Father; we will try to collect information and update soon. Tony Xu #0781298. Very difficult. As a first-generation American who grew up working in his mom's restaurant, Tony started DoorDash to help small business owners succeed. In 2021, Tony Xu earned a modest annual compensation of around 300,000 USD. . It is one of several technology companies.It uses logistics services to offer food deliveries from restaurants on-demand. }); If you are a Model, Tiktoker, Instagram Influencer, Fashion Blogger, or any other Social Media Influencer, who is looking to get Amazing Collaborations. [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. We started the company to really help small businesses, people like my mom, hes explained to vox.com. CEO of DoorDash. Moderate. [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. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. 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. History. He was interviewed by Joy Huang, MBA '21, on February 9, 2021 as part of the View From The Top speake. [4] It also has a 60% market share in the convenience delivery category. [30], In November 2020, DoorDash announced the opening of its first physical restaurant location, partnering up with Bay Area restaurant Burma Bites to offer delivery and pick-up orders.[31][32]. The company was formerly known as Palo Alto Delivery Inc. and changed its name to DoorDash, Inc. in 2015. 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 . Hes been named to Fortunes 40 under 40, 7. [18] It maintained that market position in 2019. In 2013, he married his better half, Patti Xu, in the chapel. Hear the latest economic, business and market news, as well as global, national, and local news. Tony Xu Biography. Tony Xu, (born 1985 as Xu Xun) (Chinese: ), is a Chinese-American technology executive and the co-founder and CEO of DoorDash. [36], In May 2021, DoorDash was criticized for unauthorized listings of restaurants who had not given permission to appear on the app. Tony Xu is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. Truth be told, I find it hard to blame them. He is around35 years old [Not Confirmed] as of 2020. January 31, 2021. Tyson Chandler Wiki, Age, Bio, Height, Wife, Career, and Net Worth, Reed Robertson Wiki, Age, Bio, Height, Wife, Career, and Net Worth, Tony Xu Wiki, Age, Bio, Height, Wife, Career, and Net Worth, Wiki, Bio, Age,Family, Siblings, Childhood & Education, Tony Xus Height, Weight & Body Measurement, Lela Ceterova Wiki, Age, Bio, Height, Boyfriend, Career, and Net Worth, Journee Nelson Wiki, Age, Bio, Height, Boyfriend, Career, and Net Worth, Famous Dex Wiki, Age, Bio, Height, Girlfriend, Career, and Net Worth, Lynda Baron Wiki, Age, Bio, Height, Husband, Career, and Net Worth, Jack Johnson Wiki, Age, Bio, Height, Wife, Career, and Net Worth. Matthew Lorber (Entrepreneur) Wiki, Biography, Age, Girlfriend, Family, Facts, and Many More. Over the past decade, hes gone from being a student to becoming the head of one of the fastest-growing companies in the US. He owns 4.6% plus options. Tony Xu was born on May 5, 1985, and as of 2022, he will be 37 years old. They have two children together. But he hasnt done it with a traditional method. 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. DoorDash co-founder and CEO Tony Xu has joined Meta's board of directors, the Facebook parent company announced on Tuesday. 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? He describes himself as an avid basketball fan and attributes his ability to learn English to the game and the media. In 2012, this meeting was the predecessor of the transport organization PaloAltoDelivery.com. The couple, who met in church, share a two-year-old daughter named Olivia. Career. Liked by Tony Xu. About Tony Xu. 2023 Forbes Media LLC. 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 is the CEO and co-founder of DoorDash, a technology company passionate about transforming local businesses and dedicated to enabling new ways of working, earning, and living. The One Ticker Retirement Plan Over the Shoulder Demo Now Available, Market Wizard Larry Benedict crushed the market in 2022. [76][8], In August 2021, the city of Chicago sued DoorDash and GrubHub. Later, he pursued an MBA from the Stanford Graduate School of Business. 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. Prior to co-founding DoorDash. Xu was born in China but moved to the US with his family when he was 4. Tony, 36, became a billionaire as a result of the profitable public sale, and he now owns over 5% of the firm, according to CNBC. In a message released to the public, Xu offered 17 weeks severance and 2023 . 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. Too much a liability for any self-respecting University, Xu was unemployable upon release. Tony Xu returned to the governing body of Meta Platforms in January 2022. Born in Nanjing, China, Xu came to America with his parents and grew up working . Shark Tank 's newest guest shark, DoorDash CEO Tony Xu, went from working in his mother's restaurant as a kid to co-founding a company that today is valued at more than $20 billion. [38], In August 2022, DoorDash announced it would end its partnership with Walmart in September, ending the companies' cooperation agreement from 2018. We have no information about his girlfriend/boyfriend. My least favorite thing to do is the laundry, he tells lifehacker.com. DoorDash has 12 members of its Management Team, which are its top executives, including CEO Tony Xu. 0. Tony Xu (born Xu Xun, 1983/1984) is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. 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