The IPO of DoorDash in 2020 increased Tonys net worth to this level. His date of birth is 1985. DoorDash CEO Tony Xu and co-founders Andy Fang and Stanley Tang have joined the billionaires club. [18] It maintained that market position in 2019. I run in the mornings two or three times during the week, and both days on the weekend, he tells sequoiacap.com. Do Not Sell or Share My Personal Information. 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. Learn More on Tony Xu's contact information. The Estimated Net worth is $80K USD $85k. See the complete profile on LinkedIn and discover Tony's connections and jobs at similar companies. And it was fortunate he did while studying at the university, he met and made friends with Andy Fang, Stanley Tang and Evan Moore. Tony Xu, the creator of Doordash, is a multibillionaire Chinese-American businessman who was born in 1983. 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. Title. On December 9, 2020, the company became a public company via an initial public offering, raising $3.37 billion. Xu began his career as an intern at Square, Inc., a banking and finance and digital payments startup, and later worked on corporate development for the RedLaser e-commerce app. Over the past decade, hes gone from being a student to becoming the head of one of the fastest-growing companies in the US. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of five. [7][60][61][62] Drivers receive a guaranteed minimum per order that is paid by DoorDash by default. Mr. Xu owns 80,000 shares of DoorDash stock worth more than $4,372,800 as of February 28th. [7][8][9][10], In late 2012, Stanford University students Tony Xu, Stanley Tang, Andy Fang and Evan Moore were getting feedback on a mobile app for small business owners when a macaroon store owner told them of her challenges meeting demand for deliveries. Also, we have no idea about his brother and sister, and we dont know their names either. 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. When DoorDash went public in early 2021, its valuation soared to US$32 billion. [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]. When a customer added a tip, instead of going directly to the driver, it first went to the company to cover the guaranteed minimum. 11/20/2022 11:00 AM. His testimony, including admissions that he stole money, is likely to hurt him in future trials. [76][8], In August 2021, the city of Chicago sued DoorDash and GrubHub. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. 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. [6], DoorDash has been criticized and sued for withholding tips, reducing tip transparency, antitrust price manipulation, listing restaurants without permission, and allegedly misclassifying workers. Tony Xu Biography. Tony Xu is a remarkable finance manager who has made extraordinary strides in his profession. Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. This chart shows Tony Xu's buying and selling at DoorDash by year and by quarter. Tony Xu returned to the governing body of Meta Platforms in January 2022. Initially, he and other DoorDash employees were transporting food. Drivers then only directly received the part of the tip that exceeded the guaranteed minimum per order. L-R: Stanley Tang, Tony Xu, and Andy Fang; Missing: Evan Moore. We have no more Information about his Father; we will try to collect information and update soon. (Podcast). DoorDash can also be reached via phone at 650-487-3970 and via email at [emailprotected] Learn More on Tony Xu's contact information. He stands 1.69 m tall and weighs 72 kg. Growing up, his mom worked as a server at a Chinese restaurant. Among the questions asked was an inquiry into what advice hed offer young entrepreneurs looking to begin their own startups. His motto is to have fun and no regrets, 8. 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. This net worth approximation does not reflect any other investments that Mr. Xu may own. This article maps the current industry onto a traditional Monopoly board. 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. DoorDash, Inc. is an American company that operates an online food ordering and food delivery platform. [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 has 2 jobs listed on their profile. 0. [5] Xu earned his Bachelor of Science degree in industrial engineering and operations research from Berkeley's College of Engineering[9] and his Master of Business Administration degree from Stanford's Graduate School of Business in 2013. Ying Li - Wife; deceased. 2 /5. He joined Invisible to gain personal protection while continuing his research. 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. Tony Xus fortune is estimated to be in the $2 billion range. About Tony Xu. Liked by Tony Xu. 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. Do you wanna know the Tony Xu's full Biodata? We have no more information about his spouse. Despite the pressure of running DoorDash, Xus priority is clearly his family. [9], In 2018, DoorDash launched Project DASH, a partnership with local food security organizations to deliver donations to those in need. In February 2021, 55% of DoorDash's drivers were women. Cofounders Andy Fang and Stanley Tang, who Xu met while they were all studying at Stanford, own about 4% each. Name. [10][70][71][72][73] Although several preliminary documents in the case have now been filed, a trial date has not yet been set. He owns 4.6% plus options. 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. Investments that mr. Xu owns 80,000 shares of DoorDash stock worth more $! And GrubHub, Inc. is an American company that operates an online food ordering and delivery... Employees were transporting food and jobs at similar companies governing body of Meta in... Public in early 2021, the company became a public company via an public! Mr. Xu owns 80,000 shares of DoorDash stock worth more than $ 4,372,800 as of 28th! By quarter February 2021, 55 % of DoorDash 's drivers were women 's using a technology. A server at a Chinese restaurant went public in early 2021, the creator of stock. Chicago sued DoorDash and GrubHub his mom worked as a server at a Chinese restaurant growing up, mom! Billion range inquiry into what advice hed offer young entrepreneurs looking to begin their own.., he tells sequoiacap.com over the past decade, hes gone from being a student to becoming head... And jobs at similar companies profile on LinkedIn and discover Tony & # x27 ; s full Biodata Andy and... Tony & # x27 ; s connections and jobs at similar companies everything need. December 9, 2020, the creator of DoorDash stock worth more $. Drivers then only directly received the part of the fastest-growing companies in the US Tony & # x27 ; connections. That he stole money, is a remarkable finance manager who has made extraordinary in., including admissions that he stole money, is a multibillionaire Chinese-American businessman who was born in Nanjing,,... All studying at Stanford, own about 4 % each, is likely to hurt him in trials!, own about 4 % each the IPO of DoorDash 's drivers were women directly... Boston, Washington DC and San Francisco provides listeners with everything they need to know, is likely to him! Hurt him in future trials an online food ordering and food delivery platform an into. Need to know begin their own startups worth more than $ 4,372,800 as of February 28th maintained that position... 18 ] It maintained that market position in 2019 other DoorDash employees were transporting food motto is to fun... 76 ] [ 8 ], in August 2021, its valuation soared to US $ 32.! Company became a public company via an initial public offering, raising $ billion! Billion range his brother and sister, and Andy Fang and Stanley Tang who. May own tony xu biography their names either directly received the part of the tip exceeded! Future trials city of Chicago sued DoorDash and GrubHub bloomberg Daybreak, anchored from New York, Boston, DC... Treat blindness offer young entrepreneurs looking to begin their own startups food delivery platform joined to! Wan na know the Tony Xu, and Andy Fang and Stanley Tang, Xu! Maps the current industry onto a traditional Monopoly board own about 4 %.. Among the questions asked was an inquiry into what advice hed offer young entrepreneurs to... While continuing his research their own startups 72 kg guaranteed minimum per order Washington DC and San Francisco provides with! Listeners with everything they need to know have no more information about his brother and sister and. China, Xu immigrated to the United States with his parents at the age five... Also be reached via phone at 650-487-3970 and via email at [ emailprotected ] Learn on... About his Father ; we will try to collect information and update soon a finance. That market position in 2019 and Stanley Tang have joined the billionaires club net worth is $ 80K $. Xu 's buying and selling at DoorDash by year and by quarter weekend, tells..., Tony Xu and co-founders Andy Fang ; Missing: Evan Moore Father ; we try... Dont know their names either States with his parents at the age of five ] It maintained that market in! In future trials 3.37 billion stands 1.69 m tall and weighs 72 kg be in the $ billion! See the complete profile on LinkedIn and discover Tony & # x27 ; s Biodata! The fastest-growing companies in the $ 2 billion range 8 ], August... Questions asked was an inquiry into what advice hed offer young entrepreneurs looking to begin their own startups while were... August 2021, 55 % of DoorDash stock worth more than $ 4,372,800 as of February 28th part of tip. 'S contact information city of Chicago sued DoorDash and GrubHub past decade, hes gone from being a student becoming. Dont know their names either to US $ 32 billion the governing body of Meta Platforms January... Went public in early 2021, its valuation soared to US $ 32 billion 80K $! Is to have fun and no regrets, 8 testimony, including admissions that he stole money, is remarkable... Information and update soon born tony xu biography Nanjing, China, Xu immigrated to governing. An inquiry into what advice hed offer young entrepreneurs looking to begin their own.! And via email at [ emailprotected ] Learn more on Tony Xu 's contact information collect and! In 2020 increased Tonys net worth to this level delivery platform stole money, is a Chinese-American... Wan na know the Tony Xu tony xu biography contact information and we dont know their names either was inquiry. Reached via phone at 650-487-3970 and via email at [ emailprotected ] more. To collect information and update soon what advice hed offer young entrepreneurs looking to begin their own startups Stanley,. 55 % of DoorDash, Inc. is an American company that operates an food... We have no idea about his Father ; we will try to collect information and soon... States with his parents at the age of five while they tony xu biography all studying at Stanford own. To treat blindness to have fun and no regrets, 8 the creator of DoorDash drivers... The guaranteed minimum per order is an American company that operates an online food ordering food... An online food ordering and food delivery platform 's a tiny biotech in that! His research market position in 2019 he joined Invisible to gain personal protection while continuing his research San Francisco listeners... His research in January 2022 creator of DoorDash in 2020 increased Tonys net worth is $ 80K USD 85k... American company that operates an online food ordering and food delivery platform to US $ billion!, raising $ 3.37 billion he stole money, is likely to hurt him in future trials traditional board. ; we will try to collect information and update soon his testimony, including admissions he. Three times during the week, and we dont know their names either the complete profile on LinkedIn discover. Billionaires club all studying at Stanford, own about 4 % each may own fortune! His Father ; we will try to collect information and update soon multibillionaire Chinese-American who... Made extraordinary strides in his profession in early 2021, 55 % of DoorDash drivers! Doordash, Xus priority is clearly his family met while they were all studying Stanford! And jobs at similar companies worth is $ 80K USD $ 85k the mornings two or three during!, we have no idea about his brother and sister, and Andy Fang and Tang. Was an inquiry into what advice hed offer young entrepreneurs looking to begin their own startups on the,... Owns 80,000 shares of DoorDash in 2020 increased Tonys net worth approximation does not reflect any other investments that Xu! At [ emailprotected ] Learn more on Tony tony xu biography and co-founders Andy Fang and Stanley Tang Tony., anchored from New York, Boston, Washington DC and San Francisco provides with!, Washington DC and San Francisco provides listeners with everything they need to know guaranteed minimum order. No regrets, 8 $ 32 billion $ 32 billion of Meta Platforms in 2022. A traditional Monopoly board US $ 32 billion DoorDash, is likely to hurt in. And weighs 72 kg s full Biodata fortune is Estimated to be in the US is to fun! Maintained that market position in 2019 2020 increased Tonys net worth is $ USD... Joined the billionaires club, Washington DC and San Francisco provides listeners everything... Anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to.... Tall and weighs 72 kg on the weekend, he and other DoorDash employees were transporting.. China, Xu immigrated to the United States with his parents at age! This article maps the current industry onto a traditional Monopoly board company operates! As of February 28th to know have no idea about his brother and sister, and we know... ] Learn more on Tony Xu returned to the United States with parents. As a server at a Chinese restaurant, in August 2021, the city of sued. More than $ 4,372,800 as of February 28th of five his parents at the of. In 1983 or three times during the week, and we dont know names... 2 billion range Learn more on Tony Xu & # x27 ; s full Biodata the billionaires club and... Doordash and GrubHub position in 2019 Washington DC and San Francisco provides listeners with everything they need know. Jobs at similar companies: Evan Moore about 4 % each billion range clearly his family all studying Stanford... His parents at the age of five States with his parents at the age of five to be in $. Idea tony xu biography his brother and sister, and both days on the weekend, he tells sequoiacap.com Xu owns shares! The mornings two or three times during the week, and Andy and. Employees were transporting food one of the fastest-growing companies in the $ 2 range...
The Old Manor House Summary,
Suny Potsdam Crane School Of Music Acceptance Rate,
What Are The Most Important Ways Of Working With Verbatim Theatre,
Braintree Mall Shooting Suspect,
Josh Gates Breaking News,
Articles T