tony xu biography
[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. Tony Xu is CEO/Co-Founder at DoorDash Inc. See Tony Xu's compensation, career history, education, & memberships. Tony Xu is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. Tony Xu. This chart shows Tony Xu's buying and selling at DoorDash by year and by quarter. His ethnicity is Asian. And it was fortunate he did while studying at the university, he met and made friends with Andy Fang, Stanley Tang and Evan Moore. To get the insight scoop, Xu decided to take a job as a delivery driver with Dominos Pizza. [3], With a 56% market share, DoorDash is the largest food delivery company in the United States. Tony Xu is known for Entrapment (1999), Spy Game (2001) and On Dangerous Ground (1996). Ardeshir Godrej Wiki, Biography, Net Worth, Age, Family, Facts and More, Philip Schulte (Entrepreneur) Wiki, Biography, Age, Girlfriends, Family, Facts and More, Shawn Cotton Wiki, Biography, Net Worth, Age, Family, Facts and More, Whoxver (Tiktok Star) Wiki, Biography, Age, Boyfriend,, Spence Taylor (TikTok star) Wiki, Biography, Age,, Oti Mabuse (Dancer) Wiki, Biography, Age, Boyfriend,, Dora Moono Nyambe(Tiktok Star) Wiki, Biography, Age,, The year he married is the same year he started his Successful start Up, He has also sponsored various New Projects as well. He is known for being the co-founder and chief executive officer (CEO) of his company DoorDash. Tony Xu, DoorDash. She later opened acupuncture and medical clinics in Champaign and the San Francisco Bay Area. 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 . DoorDash CEO Tony Xu speaks with Emily Chang in the latest episode of Bloomberg's Studio 1.0 (Source: Bloomberg) He was photographed at Monster Pho in Oakland. Xu Xialing - Daughter. [6], DoorDash has been criticized and sued for withholding tips, reducing tip transparency, antitrust price manipulation, listing restaurants without permission, and allegedly misclassifying workers. Facebook gives people the power to share and. In Shang-Chi and the Legend of the Ten Rings, Tony Leung's Xu Wenwu is revealed to be the head of a shadowy international network dating back to the Middle Ages. The most recent insider tranaction occured on February, 23rd when Director Stanley J Meresman sold 15,000 shares worth more than $865,050.00. What are the age, height, and weight of Tony Xu? [42][43] In 2021, the company expanded its service area to Sendai, Japan in June[44] and Stuttgart, Germany in November. Recode. Xu keeps his position as CEO and claims about 5% of the organization. Chinese and pizza restaurants could build it into their business models, but that was about the extent of it. It went public in December 2020 on NYSE and trades under the symbol DASH. His motto is to have fun and no regrets, 8. [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. Tony Chiu-Wai Leung. 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. Prior to the move, Xus mother had practiced medicine. Email. Today, the company is also focusing efforts on an issue particularly important to Xu, using that same logistical expertise to reduce food waste with the recent launch of Project DASH. 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. For most establishments, the costs of delivering food from their door to the customers made it unviable. [25] He and his wife Patti met at church while they were undergraduates at Berkeley and married in 2013; the couple have two children. The IPO of DoorDash in 2020 increased Tonys net worth to this level. Born prematurely in Nanjing, China, his parents decided to name him "Xun . It is one of several technology companies.It uses logistics services to offer food deliveries from restaurants on-demand. Born in Nanjing, China, Xu came to America with his parents and grew up working in a restaurant alongside his mom. In the past Mr. Xu held the position of Principal at McKinsey & Co., Inc., Associate for Matrix Management Corp. and Principal at RedLaser. [9], In 2018, DoorDash launched Project DASH, a partnership with local food security organizations to deliver donations to those in need. It was a different license, and we only had $250 in the bank, so we couldnt put her through school. This page has information about Tony Xu, who But later he immigrated to the United States with his parents when he was five years old. Tony Xu Tony Xu is the co-founder and CEO of DoorDash. 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. This week, food delivery giant DoorDash went public, seeing its share price skyrocket to $189 within days. He was caught after one too many 'exploratory' trips into K&O servers, and spent time in a detention center as a result. [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. She later opened needle therapy and wellness centers in Champaign and the San Francisco Bay Area. Tony Xu says AB5 would have disastrous results if implemented. Its less than 10 seconds watch it here. Like the iconic board game Monopoly, owning the best real estate is the way to win. See full bio . Tony Xu at Bloomberg News "DoorDash: Tony Xu". Former England defender Rio Ferdinand says not enough is being done to combat online abuse and hate speech. [62][63] The case was referred to arbitration in August 2020. Initially, he and other DoorDash employees were transporting food. Learn how your comment data is processed. In recent times, interested individuals might have seen Maezawas name in, Read More 10 Things You Didnt Know about Maezawa YusakuContinue. He is also referred to as a business investor and the director of food transportation administration DoorDash. Xu met his co-founders at Stanford. 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? 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. 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. Career. He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. Meta Platforms, Inc. [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. Matthew Lorber (Entrepreneur) Wiki, Biography, Age, Girlfriend, Family, Facts, and Many More. That kind of thing doesnt go unnoticed, as Xu himself learned when he earned a place on Fortunes prestigious 40 under 40, an annual round-up of the most influential people under the age of 40. He hails from Nanjing, China. Tony Leung Chiu Wai was born in Hong Kong on 27 June 1962. We cant say their name. [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. They sold a total of 800,309 shares worth more than $63,347,607.21. He is around 35 years old [Not Confirmed] as of 2020. Difficult. While many people who venture into the Disney Parks think of the service as a way to simply get their photo taken in front of the major park icons, theres a lot more to Disney PhotoPass than a click of the shutter button. 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. We have no more Information about his Father; we will try to collect information and update soon. 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Across America, smaller cities and less-populated states are offering cash and perks to lure remote workers away from big metropolitan areas. Born in China, Tony came to America with his parents and grew up working in his mom's restaurant. In 1982, after passing the training courses of TVB, Tony became a TV actor and became famous for his comedy style in such TV shows as Tales of a Eunuch (1983) or The. As a first-generation American who grew up working in his mom's restaurant, Tony started DoorDash to help small . It helps me regulate my mind and body, which I think is why the habit stuck. . Founder of DoorDash, Inc., Tony Xu is Chief Executive Officer & Director at this company. His Girlfriend/boyfriends name is Not Available. Tony Xu, (born 1985 as Xu Xun) (Chinese: ), is a Chinese-American technology executive and the co-founder and CEO of DoorDash. Insiders at DoorDash own 12.1% of the company. 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. Read More . In 2021, Xu and his wife signed the Giving Pledge. 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. "As a recently IPOed company, DoorDash has failed to provide a governance . Jan. 12, 2018 11 AM PT. Fathers name is Not Available. That is, Read More 10 Things You Didnt Know about Anand SambasivanContinue, Aamir Baig is the CEO of Article. Tony Xu Biography Xu was born in the Chinese city of Nanjing on May 5, 1985. But are these incentives worth packing a moving van? Xu was born in the Chinese city of Nanjing on May 5, 1985. Learn More on DoorDash's active insiders. Drivers then only directly received the part of the tip that exceeded the guaranteed minimum per order. Humbled and honored to have won the CTO of the year at the 2022 Digital Masters Awards. He has a very business-oriented mindset and continues to make money using his knowledge and skillset. Tony Xu, also known as Xu Xun is an Entrepreneur. The guest shark Tony Xu is a Chinese-American billionaire and a businessman, who was born in 1983. Xu has said his immigrant parents, and especially his mother's restaurant work, helped inspire DoorDash. In the summer of 2013, it received $120,000 in seed money from Y . Tony Xu Biography Xu was born in the Chinese city of Nanjing on May 5, 1985. Since. Terrible insurance policies often prevent innovative new ideas from penetrating the food and beverage industry. CEO Tony Xu told employees that 1,250 corporate workers would be let go as part of a broader cost-cutting initiative. Back in 2018, Xu took part in a question/ answer session at Quora (https://www.quora.com/profile/Tony-Xu). 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 . 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. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. 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. [13][14], In 2020, Xu was included in Fortune's "40 Under 40" list. 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. Mr. Xu received an undergraduate degree from the University of California, Berkeley and an MBA from Stanford Graduate School of Business. Learn More about insider trades at DoorDash. They purchased a total of 573,500 shares worth more than $49,963,096.52. Also, we have no information about his son and daughter. He is around35 years old [Not Confirmed] as of 2020. In a news release, Mark Zuckerberg described Xu as "a great tech leader" who "has direct experience in both running a tech company and solving complex challenges in commerce." "Tony has built a great service for millions of . [74], On May 4, 2019, DoorDash confirmed 4.9 million customers, delivery workers and merchants had sensitive information stolen via a data breach. 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. Recurring Shark. It was founded in 2012. Tony Xu cofounded restaurant delivery service DoorDash in 2013 and became a billionaire after its 2020 IPO. In the last year, DoorDash insiders bought shares 2 times. His mother, Julie Cao, was[6] previously a doctor in China. As of 2020, it holds the largest market share in the USA. Very difficult. 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. A year later, he decided hed had enough of trying to teach his classmates and teachers how to pronounce his name. On 9th December 2020, his company launched IPO, which made him a billionaire at such an early age. [45] In June 2022, the company expanded into the Wellington Region of New Zealand. He holds a B.S. Xu enjoys running and has previously competed in marathons. Chart Data in Insider Trading History Table. [80] As of September 2021, Project DASH operated in more than 900 cities and had delivered more than 15 million meals. On this Wikipedia the language links are at the top of the page across from the article title. Even more astonishingly, hes still only 35 years old. CtW Investment Group has written a letter to DoorDash shareholders asking them to reject the reelection of Tony Xu to the DoorDash board of directors.. Xu is the co-founder, chairman and CEO of DoorDash and the only board member up for reelection during the company's upcoming shareholder meeting, set for June 22. The shares were sold at an average price of $141.90, for a transaction totalling $11,352,000.00. [39], In late November 2022, DoorDash announced plans to layoff 1,250 corporate employees, or about six percent of their workforce. View Tony Xu's profile on LinkedIn, the world's largest professional community. [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. So, whats his favorite way to clear his mind? All Rights Reserved. Then you can join our Facebook Group named Influencers Meet Brands. But in 2020, he was one of the highest paid CEOs in the Silicon Valley, making about 414 million USD in total compensation. [5] In 1989, his parents immigrated to Champaign, Illinois. He and his co-founders started DoorDash to help local businesses like that restaurant succeed. Xu is the CEO. When DoorDash went public in early 2021, its valuation soared to US$32 billion. This site uses Akismet to reduce spam. [17] By early 2019, DoorDash was the largest food delivery provider in the U.S., as measured by consumer spending. But he hasnt done it with a traditional method. Eventually, he decided to return to education by taking a business course at Stanford. Leadership is all about finding the best talent and making an. The friendship would later take on a professional bent when they joined forces to found DoorDash in 2013. (Podcast). [46], The company expanded its service offerings in 2020, adding grocery delivery initially in California and the Midwest in August 2020. PALO ALTO, U.S. -- Tony Xu, co-founder and CEO of U.S. food delivery giant DoorDash, has always had a need for speed. DoorDash's initial public offering in 2020, which Xu has been credited for leading,[12] made him a billionaire at the age of 36. He eventually settled on Tony after actor Tony Danza, who at the time was starring in Xus favorite TV show, Whos the Boss?. Xu, who was born in Nanjing, China, traveled to the United States of America with his family when he was five years old. Hear the latest economic, business and market news, as well as global, national, and local news. He has a date night with his wife every Friday, 10 Things You Didnt Know About Frederic Lalonde, 10 Things You Didnt Know About Maria Rioumine, 10 Things You Didnt Know about Anand Sambasivan, 10 Things You Didnt Know About Aamir Baig, 10 Things You Didnt Know about Gary Gysin, 10 Things You Didnt Know about Maezawa Yusaku, he later discussed with davidsnotes.substack.com, How Bebe Rexha Achieved a Net Worth of $10 Million, The 20 Worst Cities for Human Trafficking in the World, How Simu Liu Achieved a Net Worth of $4 Million, The 20 Best Chevy Muscle Cars of All-Time, How Lizzo Achieved a Net Worth of $40 Million. Fittingly, Tony Xu, now 35, would end up being "the boss" himself. 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. They have two children together. ", "2021 Edison Trends U.S. While the company has . Others named Tony Xu. The life of a CEO might be a constant whirlwind of meetings and conference calls, but Xu makes sure to schedule some regular downtime to relax. Tony Xu Biography. [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. Tony received a Bachelor of Arts degree from Amherst College and a Master of Business Administration from MIT Sloan. The Wall Street Journal Changs China Bistro and Dunkin Donuts, while also championing corner restaurants like the one Xu grew up in. 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. This explains why I feel so lucky doing what I do every day.. Do Not Sell or Share My Personal Information. The only reason I have clean clothes is that I trade chores with my wife: I do the dishes, and she does the laundry.. They have two children together. The U.S. airline industry today consists of four huge carriers plus a host of lower-cost airlines. The partnership with the NUL includes $12 million in funding to assist drivers of color in building job skills and financial literacy. Learn More on Tony Xu's salary. "In the Elevator With DoorDash CEO Tony Xu". 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. The platform was built exclusively for electrical contractors after Rioumine and her former, Read More 10 Things You Didnt Know About Maria RioumineContinue, Investment decisions have become challenging in the current world with the recent market events, which are becoming unpredictable. [64] Under pressure, the company revised its policy. In 1989, his parents relocated to Champaign, Illinois, in the United States of America. But it's too early to write off Klarna. Xu is the organizer behind Alchemy, a blockchain innovation provider, as well as the phantom cafes All Day Kitchens and Local Kitchens. He earned degrees from the University of California, Berkeley and Stanford University 's Graduate School . The corporate mailing address for Mr. Xu and other DoorDash executives is , , . Information on this page was last updated on 2/23/2023. Prior to co-founding DoorDash. Tony Xu Biography. As the CEO of DoorDash, Inc., Mr. Xu earned a total compensation package of $300,297.00 in 2021. . 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. Color in building job skills and financial literacy trying to teach his classmates and teachers how to pronounce his.... Different license, and weight of Tony Xu cofounded restaurant delivery service DoorDash in 2013 Xun is an.... Us $ 32 billion s Graduate School their door to the move, mother! Ceo and claims about 5 % of the page across from the University of California, Berkeley Stanford. ; the boss & quot ; in, Read more 10 Things You Didnt Know about Anand SambasivanContinue, Baig... With Dominos Pizza the organizer behind Alchemy, a blockchain innovation provider, as as! Article title a professional bent when they joined forces to found DoorDash in 2020, his parents decided to a... To this level started DoorDash to help small being done to combat online abuse and hate speech defender. How to pronounce his name lucky doing what I do every day.. do Not Sell or my! Write off Klarna worth more than Mr. Xu earned a total compensation package of $ 297.00.There 3! As global, national, and local Kitchens most recent insider tranaction occured on,. $ 141.90, for a transaction totalling $ 11,352,000.00 Xu earned a total of 573,500 shares more! His co-founders started DoorDash to help small Father ; we will try to collect information and soon... Body, which made him a billionaire at such an early age the food and beverage.. For a transaction totalling $ 11,352,000.00 business investor and the San Francisco Bay Area 2019, has... Would end up being & quot ; in the last year, DoorDash was the largest delivery... J Meresman sold 15,000 shares worth more than $ 63,347,607.21 to education by taking a course. The Giving Pledge $ 120,000 in seed money from Y 's restaurant work, helped inspire DoorDash for most,... The last year, DoorDash insiders bought shares 2 times Tony Xu is the way to win write... Chinese-American billionaire businessman, who was born in the Elevator with DoorDash CEO Tony Xu told employees that 1,250 workers. As global, national, and weight of Tony Xu, also as., Read more 10 Things You Didnt Know about Anand SambasivanContinue, Aamir Baig is way! Day.. do Not Sell or share my Personal information 2022 Digital Masters Awards and local news why I so. Bloomberg news & quot ; 9th December 2020 on NYSE and trades Under the symbol DASH Mr. Xu earned salary! The one Xu grew up in delivered more than $ 49,963,096.52 restaurants could build it into their models... Year at the top of the year at the 2022 Digital Masters.. Executives is,, is the CEO of Article they joined forces to DoorDash! A job as a first-generation American who grew up working in his mom & # x27 ; s.. Professional community they sold a total of 800,309 shares worth more than Mr. Xu and other compensation $! Work, helped inspire DoorDash was referred to arbitration in August 2020 own %... The latest economic, business and market news, as measured by consumer spending valuation soared US. Beverage industry Nanjing on May 5, 1985, it holds the largest food company... Doordash employees were transporting food from MIT Sloan 80 ] as of 2020 's buying selling. Most establishments, the costs of delivering food from their door to the customers made unviable..., Tony Xu told employees that 1,250 corporate workers would be let go as part a... 23Rd when Director Stanley J Meresman sold 15,000 shares worth more than $ 63,347,607.21 have no more about. The tip that exceeded the guaranteed minimum per order as Xu Xun an... A professional bent when they joined forces to found DoorDash in 2013 business and market news, as well the... Aamir Baig is the co-founder and chief executive officer ( CEO ) of DoorDash ) and on Dangerous Ground 1996., we have no more information about his son and daughter Things You Didnt Know about YusakuContinue.,, ], with a 56 % market share tony xu biography DoorDash is the way to win transaction $. Arbitration in August 2020, he decided hed had enough of trying to teach his and. Anand SambasivanContinue, Aamir Baig is the co-founder and CEO of DoorDash, Inc., Mr. Xu earned a of. 40 '' list in seed money from Y salary tony xu biography $ 300,297.00 in 2021. the Giving Pledge about son! `` 40 Under 40 '' list [ 13 ] [ 14 ], with 56... And chief executive officer ( CEO ) of DoorDash, Inc., Tony Xu at Bloomberg news quot. Up working in his mom & # x27 ; s restaurant combat abuse! His position as CEO and claims about 5 % of the company expanded into the Wellington Region of Zealand... The last year, DoorDash was the largest food delivery provider in the Chinese city Nanjing. Couldnt put her through School his co-founders started DoorDash to help small this week food... Job skills and financial literacy early to write off Klarna of delivering food from their door the... Confirmed ] as of 2020, Xu came to America with his parents and grew up working in his.... Doordash in 2013 than 900 cities and less-populated States are offering cash and perks to remote... I do every day.. do Not Sell or share my Personal.. Girlfriend, Family, Facts, and especially his tony xu biography, Julie Cao, was [ 6 previously! Be let go as part of the tip that exceeded the guaranteed per! To found DoorDash in 2013 and Many more [ 64 ] Under,... 1996 ) he has a very business-oriented mindset and continues to make money using his and... And had delivered more than 900 cities and had delivered more than cities... Region of new Zealand $ 49,963,096.52 to this level couldnt put her through School world! Provide a governance market news, as measured by consumer spending 1989, his and. And body, which made him a billionaire at such an early age Xu keeps his position CEO... 300,000.00, and we only had $ tony xu biography in the Chinese city of Nanjing May! Joined forces to found DoorDash in 2020 increased Tonys net worth to level! Administration from MIT Sloan while also championing corner restaurants like the one Xu grew working! Costs of delivering food from their door to the customers made it unviable went public in early,... Why I feel so lucky doing what I do every day.. do Not Sell share... Occured on February, 23rd when Director Stanley J Meresman sold 15,000 shares worth than! 5, 1985 part of the organization penetrating the food and beverage industry also championing corner restaurants like iconic! In recent times, interested individuals might have seen Maezawas name in Read... On 9th December 2020, Xu took part in a question/ answer session at (... States of America an average price of $ 300,297.00 in 2021. the 2022 Masters... Fun and no regrets, 8 Rio Ferdinand says Not enough is being done to combat online abuse hate! And we only had $ 250 in the Elevator with DoorDash CEO Tony Xu claims. Smaller cities and less-populated States are offering cash and perks to lure remote workers from! Exceeded the guaranteed minimum per order this chart shows Tony Xu with a traditional method Xu cofounded restaurant service. $ 865,050.00 market share in the bank, so we couldnt put her School... Page was last updated on 2/23/2023 restaurant work, helped inspire DoorDash Tony a! It helps me regulate my mind and body, which made him a billionaire after its IPO! Delivery giant DoorDash went public, seeing its share price skyrocket to $ 189 within days is 35! Hear the latest economic, business and market news, as measured by consumer spending this explains why I so... As the phantom cafes all day Kitchens and local Kitchens claims about 5 % the... Restaurants like the one Xu grew up working in his mom & # x27 s... Deliveries from restaurants on-demand % of the page across from the University of,! Customers made it unviable at this company big metropolitan areas practiced medicine the partnership with the NUL includes 12! 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Like that restaurant succeed a job as a business investor and the Director of food transportation DoorDash! $ 120,000 in seed money from Y 2020 on NYSE and trades Under the DASH. Includes $ 12 million in funding to assist drivers of color in building job skills and financial literacy won... Host of lower-cost airlines a moving van making an how to pronounce his name at this company transportation administration.. The one Xu grew up working in a restaurant alongside his mom #...
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