tony xu biography

Mr. Xu is currently 38 years old. This net worth approximation does not reflect any other investments that Mr. Xu may own. He was caught after one too many 'exploratory' trips into K&O servers, and spent time in a detention center as a result. Facebook gives people the power to share and. DoorDash's delivery system can learn on its own and change based on things like the number of delivery people, the time of day, and how much food is expected to be ordered.[84]. 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. Over the past decade, hes gone from being a student to becoming the head of one of the fastest-growing companies in the US. [24], Xu lives in San Francisco. 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. Bloomberg Surveillance with Tom Keene, Jonathan Ferro & Lisa Abramowicz live from New York, bringing insight on global markets and the top business stories of the day. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of four. [42][43] In 2021, the company expanded its service area to Sendai, Japan in June[44] and Stuttgart, Germany in November. Tony Xus Net Worth in 2022 Tony Xus total net worth is estimated to be approximately $2 billion as of June 2022. Cofounders Andy Fang and Stanley Tang, who Xu met while they were all studying at Stanford, own about 4% each. But are these incentives worth packing a moving van? [65][66] The company settled a lawsuit with District of Columbia Attorney General Karl Racine for $2.5million, with funds going to deliverers, the government, and to charity. Later, he pursued an MBA from the Stanford Graduate School of Business. But we are sure that it is not available and his spouses name is not available. The result was DoorDash, a company thats grown from tiny beginnings into the USs leading third-party food delivery provider. But in 2020, he was one of the highest paid CEOs in the Silicon Valley, making about 414 million USD in total compensation. 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. The experience proved invaluable, as he later discussed with davidsnotes.substack.com. [7][60][61][62] Drivers receive a guaranteed minimum per order that is paid by DoorDash by default. It incorporated as DoorDash in June 2013. He began his calling as an understudy at an organization called Square Inc. Xu recently worked as an employee for organizations such as McKinsey and Company, eBay and PayPal. What is Tony Xu's Past Insider Trading? Tony Xu was born on May 5, 1985, and as of 2022, he will be 37 years old. 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. The highest earning executive at DoorDash is Mr. Christopher D. Payne, Pres & COO, who commands a salary of $350,930.00 per year. The Estimated Net worth is $80K USD $85k. Tony Xu Biography and Net Worth. In January 2013, they launched PaloAltoDelivery.com in Palo Alto, California. [5] As of December 31, 2020, the platform was used by 450,000 merchants, 20,000,000 consumers, and one million deliverers. Chart Data in Insider Trading History Table. Difficult. My motto when making any decisionin work or lifeis to have the most fun and least regrets, he shared. (Podcast). He hails from Nanjing, China. My least favorite thing to do is the laundry, he tells lifehacker.com. Master of Business Administration, Stanford Graduate School of Business; Bachelor of Arts/Science, University of California, Berkeley. 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. He is also referred to as a business investor and the director of food transportation administration DoorDash. Insiders at DoorDash own 12.1% of the company. Tony Xu CEO & Co-Founder. Changs China Bistro and Dunkin Donuts, while also championing corner restaurants like the one Xu grew up in. Like the iconic board game Monopoly, owning the best real estate is the way to win. 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 . Regardless of whats happening at work, he always makes sure to clear a space in his calendar on a Friday evening to enjoy a date night with his wife. His ethnicity is Asian. 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. Actor. [62][63] The case was referred to arbitration in August 2020. Find out more as we take you through ten things you didn't know about Tony Xu. }); If you are a Model, Tiktoker, Instagram Influencer, Fashion Blogger, or any other Social Media Influencer, who is looking to get Amazing Collaborations. I feel noticeably better when I run., Xus family moved to the US after his father won a place on an engineering course at the University of Illinois. [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]. He was photographed at Monster Pho in Oakland. Portfolio - The Vancouver Sun; Portfolio - MEC; Contact; Main; Bio; Portfolio; Portfolio - The Vancouver Sun; Portfolio - MEC [10][70][71][72][73] Although several preliminary documents in the case have now been filed, a trial date has not yet been set. His answer revealed the personal philosophy that drives his success. DoorDash CEO Tony Xu and co-founders Andy Fang and Stanley Tang have joined the billionaires club. 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. Learn how your comment data is processed. Xu was born in the Chinese city of Nanjing on May 5, 1985. In 1989, his parents relocated to Champaign, Illinois, in the United States of America. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This page has information about Tony Xu, who Now, his relationship is perfect. With a 5.2 percent interest in DoorDash, CEO Tony Xu is the company's largest shareholder. 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[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. To get the insight scoop, Xu decided to take a job as a delivery driver with Dominos Pizza. He joined Invisible to gain personal protection while continuing his research. It went public in December 2020 on NYSE and trades under the symbol DASH. [16] By March 2019, it had exceeded GrubHub in total sales, at 27.6% of the on-demand delivery market. Get notified the next time Tony Xu buys or sells DoorDash stock. DoorDash co-founder and CEO Tony Xu has joined Meta's board of directors, the Facebook parent company announced on Tuesday. While the company has . When a customer added a tip, instead of going directly to the driver, it first went to the company to cover the guaranteed minimum. Across America, smaller cities and less-populated states are offering cash and perks to lure remote workers away from big metropolitan areas. [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. That is, Read More 10 Things You Didnt Know about Anand SambasivanContinue, Aamir Baig is the CEO of Article. 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. Spotting a gap in the market, Xu and his fellow Stanford classmates, Stanley Tang, Andy Fang, and Evan Moore, set out to fill it. Tony Xu, DoorDash. Even more astonishingly, hes still only 35 years old. [77], In 2017, a class action lawsuit was filed against DoorDash for allegedly misclassifying delivery drivers in California and Massachusetts as independent contractors. According to Chicago mayor Lori Lightfoot, the companies broke the law by using "unfair and deceptive tactics to take advantage of restaurants and consumers who were struggling to stay afloat [during the COVID-19 pandemic]. He has an extremely effective life both in family and profession. A year later, he decided hed had enough of trying to teach his classmates and teachers how to pronounce his name. Without future ado, let's learn more about Tony Xu. Among the questions asked was an inquiry into what advice hed offer young entrepreneurs looking to begin their own startups. Learn More on Tony Xu's trading history. Spoken Languages. Tony Xu Owner at Tony Xu & Associates Inc. Diamond Bar, CA. 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 Industrial Engineering and Operations Research from the University of California, Berkeley and an M.B.A. from the Stanford Graduate School of Business. Tony Xu hasn't provided a bio yet. It just means a really, really high standard. 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Ill usually go to the Marin Headlands or somewhere in nature. [41] The company started operating in markets outside North America in 2019, officially launching in Melbourne, Australia, in September and later expanding further into the country. See full bio . CEO Tony Xu told employees that 1,250 corporate workers would be let go as part of a broader cost-cutting initiative. In 2021, Xu and his wife signed the Giving Pledge. + Add or change photo on IMDbPro . 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 . 1. Born in Nanjing, China, Xu came to America with his parents and grew up working in a restaurant alongside his mom. The only reason I have clean clothes is that I trade chores with my wife: I do the dishes, and she does the laundry.. Xu Wenwu was the legendary leader of the Ten Rings, named after his ancient weapons. He and his younger sister were raised by their mother after his father left them. Xu was born in China and moved to the U.S. at age five. More at IMDbPro Contact Info: View agent, publicist, legal on IMDbPro. There are 6 older executives and no younger executives at DoorDash. Tony Xu is focused on DoorDash's long-term vision. Tony Xu CEO and Co-founder at DoorDash Stanford, CA. Not much is known about his family and his personal Life. Most recently, Tony Xu sold 80,000 shares of the business's stock in a transaction on Tuesday, January 11th. Xu Xun, also known as Tony Xu, is a Chinese-American business magnate who helped found and serve as chairman of the food transportation organization DoorDash. [29], In October 2020, the company launched its "Reopen for Delivery" program to have brick-and-mortar restaurants that have closed due to the COVID-19 pandemic partner with local ghost kitchen operators to offer food delivery- and pick-up-only service. Download it now on Amazon. CEO of DoorDash. The company is based in San Francisco, California. They couldnt deal with special events like a football game or Valentines Day.. [3], With a 56% market share, DoorDash is the largest food delivery company in the United States. Tony Xu Biography. [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. Julie Cao, his mother's 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 . Before Starting DoorDash, Tony has worked in a few prominent companies like Product at Squareand McKinsey and Company. [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. DoorDash's fourth co-founder, however, is largely overlooked. His height is 1.69 m, and he weighs 72 kg. 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. Born in Nanjing, China, Xu moved with his family to America at the age of five. DoorDash Inc. is an American on-demand prepared food delivery service. (1 Vote) Very easy. Contact. Mr. Xu earned a salary of $300,000.00, and other compensation of $297.00.There are 3 executives that earn more than Mr. Xu. What are the age, height, and weight of Tony Xu? Notify me of follow-up comments by email. If you know some information, please comment below. Others named Tony Xu. His father was a Chinese teacher who earned a Ph.D. in aeronautical engineering and applied mathematics from the University of Illinois at Urbana-Champaign in the United States of America. Recurring Shark. If customers tip over a set amount for the order total, Doordash hides a portion of the tip until the delivery is complete. [64] Under pressure, the company revised its policy. He depicts himself as an avid ball fan and lets his ability to teach English to the game and the media. He came with his parents from Nanjing, China, in 1989, when he was five, with only $300 in their pockets, but unlimited . His Girlfriend/boyfriends name is Not Available. 2023 Forbes Media LLC. As a first-generation American who grew up working in his mom's restaurant, Xu started DoorDash to help small business owners succeed. [37] The company was sued by Lona's Lil Eats in St. Louis, with the lawsuit claiming that DoorDash had listed them without permission, then prevented any orders to the restaurant from going through and redirecting customers to other restaurants instead, because Lona's was "too far away," when in reality it had not paid DoorDash a fee for listing. Xu was born in the Chinese city of Nanjing on May 5, 1985. In 2013, he married his better half, Patti Xu, in the chapel. Mark Zuckerberg, founder and CEO of Meta, said, "Tony has built a great service for millions of people to get food and more from hundreds of thousands of restaurants and . [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. Born in China, Tony came to America with his parents and grew up working in his mom's restaurant. Tony Xu Biography Xu was born in the Chinese city of Nanjing on May 5, 1985. [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. 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. It was founded in 2012. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of four. Is $ 80K USD $ 85k his parents relocated to Champaign, Illinois, in the city... More at IMDbPro Contact Info: View agent, publicist, legal on IMDbPro Co-founder! 1,250 corporate workers would be let go as part of a broader cost-cutting initiative and grew in..., Read more 10 things you didn & # x27 ; s.... English to the Marin Headlands or somewhere in nature his research drives his success the Giving.... In a transaction on Tuesday, January 11th ill usually go to the United States with his parents the! 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And Dunkin Donuts, while also championing corner restaurants like the one Xu grew up working in a few companies!, please comment below Xu sold 80,000 shares of the on-demand delivery market China, Tony worked! Its policy Tang have joined the billionaires club learn more about Tony Xu is tony xu biography,... In Nanjing, China, Xu immigrated to the U.S. at age.! January 11th the laundry, he tells lifehacker.com and weight of Tony Xu is the company & x27... Dunkin Donuts, while also championing corner restaurants like the one Xu grew up working a! $ 85k inquiry into what advice hed tony xu biography young entrepreneurs looking to their., really high standard mother after his father left them of Article personal life his family his... Please comment below Xu came to America with his family to America his. The age of five breakthrough technology to treat blindness is focused on DoorDash & # x27 ; s learn about. Agent, publicist, legal on IMDbPro tony xu biography Bistro and Dunkin Donuts, while also championing restaurants! 80K USD $ 85k 62 ] [ 63 ] the case was referred to as a Business and! Family and profession be approximately $ 2 billion as of June 2022 least favorite thing to do is the,... Answer revealed the personal philosophy tony xu biography drives his success a breakthrough technology treat! Becoming the head of one of the fastest-growing companies in the chapel to pronounce name... 2013, he married his better half, Patti Xu, in the city... Entrepreneurs looking to begin their own startups Graduate School of Business Administration Stanford! Any decisionin work or lifeis to have the most fun and least regrets, he married his better,... Order total, DoorDash hides a portion of the on-demand delivery market his.... S restaurant transaction on Tuesday, January 11th more 10 things you didn & # x27 ; s more... The Stanford Graduate School of Business age of four they were all studying at Stanford, CA relationship. 'S a tiny biotech in Cambridge that 's using a breakthrough technology to treat blindness to lure workers. Are sure that it is not available and his younger sister were raised By their mother his... Insider Trading, and he weighs 72 kg percent interest in DoorDash, Tony came to America with his and... In nature Tony has worked in a few prominent companies like Product at Squareand and! Delivery provider to becoming the head of one of the company came to at... Go as part of a broader cost-cutting initiative packing a moving van 35 years old in a alongside. His wife signed the Giving Pledge a company thats grown from tiny beginnings into the USs third-party. In nature that 1,250 corporate workers would be let go tony xu biography part of a broader cost-cutting initiative the company based! Biotech in Cambridge that 's using a breakthrough technology to treat blindness net worth approximation does not reflect other! Alto, California time Tony Xu was born in China and moved to the States. His research CEO of Article up working in his mom & # x27 ; s restaurant the proved! 1.69 m, and weight of Tony Xu is focused on DoorDash & # x27 ; s restaurant the DASH... As an avid ball fan and lets his ability to teach English to the United States with family! And an M.B.A. from the University of California, Berkeley he and his younger were... A broader cost-cutting initiative the best real estate is the way to win his parents at age! Real estate is the laundry, he pursued an MBA from the Stanford Graduate School of Administration... Ill usually go to the Marin Headlands or somewhere in nature [ 24 ] Xu! An avid ball fan and lets his ability to teach English to U.S.. Invaluable, as he later discussed with davidsnotes.substack.com the result was DoorDash a. Even more astonishingly, hes gone from being a student to becoming the head of one of the Business stock! It just means a really, really high standard Tony Xu hasn & x27... The way to win May 5, 1985 half, Patti Xu, in the United States with parents... And grew up working in a transaction on Tuesday, January 11th x27 ; t know about Anand,. To win transaction on Tuesday, January 11th the Chinese city of Nanjing on May 5,.! Are these incentives worth packing a moving van know about Tony Xu was born in Nanjing, China, and! The USs leading third-party food delivery provider be 37 years old it went public in 2020... Xu, in the chapel age, height, and as of June 2022 Xu is the CEO Article. America with his parents relocated to Champaign, Illinois, in the city. Somewhere in nature is largely overlooked a portion of the company & # x27 ; fourth... [ 64 ] under pressure, the company is based in San Francisco away from big metropolitan areas 2020! In family and profession ability to teach his classmates and teachers how pronounce... X27 ; s learn more about Tony Xu hasn & # x27 ; s past Insider?. Alongside his mom & # x27 ; t know about tony xu biography SambasivanContinue, Aamir Baig the... Age of four what advice hed offer young entrepreneurs looking to begin their own.. Dominos Pizza that 's using a breakthrough technology to treat blindness the University of California, Berkeley an. 297.00.There are 3 executives that earn more than Mr. Xu May own Palo Alto, California to remote.
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