[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. Born in Nanjing, China, Xu came to America with his parents and grew up working . [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, (born 1985 as Xu Xun) (Chinese: ), is a Chinese-American technology executive and the co-founder and CEO of DoorDash. Xu owns 4.6% of the delivery giant while cofounders Andy Fang, 28 . Learn More on Tony Xu's trading history. In 2022, a tentative settlement was reached in which DoorDash would pay $100 million total, with $61 million going to over 900,000 drivers, paying out just over $130 per driver, and $28 million for the lawyers. Xu is the CEO. Xu was born in the Chinese city of Nanjing on May 5, 1985. 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. 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. He completed his BS at UC Berkeley in Industrial Engineering and Operations Research. Tony Xu CEO and Co-founder at DoorDash Stanford, CA. Frederic Lalonde is a North American businessman and entrepreneur. He was photographed at Monster Pho in Oakland. DoorDash launched in Palo Alto and, as of May 2019, had expanded to more than 4,000 cities and offers a selection of 340,000 . [38], In August 2022, DoorDash announced it would end its partnership with Walmart in September, ending the companies' cooperation agreement from 2018. The mothers name is Not Available. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. Tony Xu, MBA '13, is the cofounder and CEO of DoorDash. It is a Platform where Influencers can meet up, Collaborate, Get Collaboration opportunities from Brands, and discuss common interests. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. Very difficult. But in 2020, he was one of the highest paid CEOs in the Silicon Valley, making about 414 million USD in total compensation. . 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. It was really hard for a small business to know how many drivers they need. Tony Xu is focused on DoorDash's long-term vision. Facebook gives people the power to share and. Tony Xu Biography. Xu Xun, popularly known as Tony Xu, is a Chinese-American business tycoon who co-founded and is the Chairman of an American company named DoorDash which deals with food. NPR. The result was DoorDash, a company thats grown from tiny beginnings into the USs leading third-party food delivery provider. [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 cant say their name. Master of Business Administration, Stanford Graduate School of Business; Bachelor of Arts/Science, University of California, Berkeley. The guest shark Tony Xu is a Chinese-American billionaire and a businessman, who was born in 1983. 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. Thanks, Mom", "DoorDash IPO Delivers Three Billionaires as Wall Street Ignores a Menu of Losses", "Meet DoorDash CEO Tony Xu, the 36-year-old food delivery app entrepreneur whose net worth soared to more than US$3 billion amid Covid-19", "How I Made It: DoorDash's Tony Xu finds uncertainty delivers growth", "DoorDash CEO Tony Xu on Why Obsession With Detail Matters", "DoorDash IPO Could Make CEO Tony Xu And Cofounders Billionaires", "DoorDash IPO turns CEO Tony Xu, co-founders Andy Fang, Stanley Tang into billionaires", "DoorDash Trio worth up to $2.7 billion each as IPO soars", "Asian-Americans aiming to make impact on Election Day", "Silicon Valley Chinese Association Foundation Board Directors", "Alchemy Adds Vikram Pandit, Jeffrey Katzenberg as New Investors", "S.F. Drivers then only directly received the part of the tip that exceeded the guaranteed minimum per order. Among the questions asked was an inquiry into what advice hed offer young entrepreneurs looking to begin their own startups. 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. Join Facebook to connect with Tony Xu and others you may know. In the past Mr. Xu held the position of Principal at McKinsey & Co., Inc., Associate for Matrix Management Corp. and Principal at RedLaser. Tony Xu's Phone Number and Email Last Update. Former England defender Rio Ferdinand says not enough is being done to combat online abuse and hate speech. In 1989 his parents emigrated to Champaign, Illinois, in the United States of America. Notify me of follow-up comments by email. 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. His ethnicity is Asian. [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]. Information on this page was last updated on 2/23/2023. [7][60][61][62] Drivers receive a guaranteed minimum per order that is paid by DoorDash by default. On Daily Routines, we profile successful leaders, entrepreneurs, artists, executives and athletes to explore their routines, schedules, habits . DoorDash launched in Palo Alto and, as of May 2019, had expanded to more than 4,000 cities and offered a 340,000 selection of stores across the US and Canada. This site uses Akismet to reduce spam. DoorDash can also be reached via phone at 650-487-3970 and via email at [emailprotected] Learn More on Tony Xu's contact information. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of five. His date of birth is 1985. [46], The company expanded its service offerings in 2020, adding grocery delivery initially in California and the Midwest in August 2020. What is Tony Xu's Past Insider Trading? [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. Over the past decade, hes gone from being a student to becoming the head of one of the fastest-growing companies in the US. Tony Xu. Tony Xu (DoorDash CEO) Wiki, Biography, Age, Family, Facts and More, Andrew Carnegie Wiki, Biography, Net Worth, Age, Family, Facts and More. DoorDash is focused on being the restaurant industrys last-mile solution and has grown into a $700 million leader in the on-demand space. From . DoorDash CEO Tony Xu and co-founders Andy Fang and Stanley Tang have joined the billionaires club. Its a company that focuses on direct to consumer delivery of modern furniture that is reasonably priced in original designs. Mr. Xu received an undergraduate degree from the University of California, Berkeley and an MBA from Stanford Graduate School of Business. 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. [25] He and his wife Patti met at church while they were undergraduates at Berkeley and married in 2013; the couple have two children. Learn More on Tony Xu's salary. 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. [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. Born in China, Tony came to America with his parents and grew up working in his mom's restaurant. That is, Read More 10 Things You Didnt Know about Anand SambasivanContinue, Aamir Baig is the CEO of Article. Its less than 10 seconds watch it here. Current positions of Tony Xu. But we are sure that it is not available and his spouses name is not available. Wenwu is the leader of the Ten Rings and father of Shang-Chi and Xialing. They sold a total of 800,309 shares worth more than $63,347,607.21. He hails from Nanjing, China. Tony Xu Wife, marriage Tony Xu and his better half Patti Xu now live in San Francisco. Xu was born in China but moved to the US with his family when he was 4. Their hope is to make investments that will give dreamers and doers particularly those that are underfunded or are playing from behind the encouragement and luck necessary to maximize their potential and positively impact the world. In 2013, Xu co-founded DoorDash with Stanford classmates Andy Fang, Evan Moore, and Stanley Tang. DoorDash is America's largest food delivery service. Xu enjoys running and has previously competed in marathons. Tony Xu says AB5 would have disastrous results if implemented. It also generated $1 billion in losses last year. Mr. Xu is currently 38 years old. Tony Xus fortune is estimated to be in the $2 billion range. Enter your email address below to get our daily insider buying and selling report. Tony Xu, 33, is a co-founder and chief executive of the DoorDash on-demand food-delivery start-up. The corporate mailing address for Mr. Xu and other DoorDash executives is , , . Twitter View on Twitter. Learn More on Tony Xu's contact information. She later opened acupuncture and medical clinics in Champaign and the San Francisco Bay Area. In the last year, insiders at the sold shares 40 times. A year later, he decided hed had enough of trying to teach his classmates and teachers how to pronounce his name. [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. The Mandarin is just one of the . His mother's name Julie Cao was a specialist in China before moving to the United States of America where she worked in a cafe and rearranged many responsibilities to pay for her . Learn More on DoorDash's active insiders. The U.S. airline industry today consists of four huge carriers plus a host of lower-cost airlines. [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. He has done a lot of things and held numerous positions in a, Read More 10 Things You Didnt Know about Gary GysinContinue, Maezawa Yusaku is a Japanese businessman. His height is 1.69 m and he weighs 72 kg. Across America, smaller cities and less-populated states are offering cash and perks to lure remote workers away from big metropolitan areas. [10][70][71][72][73] Although several preliminary documents in the case have now been filed, a trial date has not yet been set. Prior to the move, Xus mother had practiced medicine. [40], DoorDash began expanding into international markets in 2015, launching in Toronto, Canada. His height is 1.69 m, and he weighs 72 kg. In 2021, Tony Xu earned a modest annual compensation of around 300,000 USD. He stands 1.69 m tall and weighs 72 kg. This company has already shown success in human trials And Our research shows that anyone who gets in today could see a 46,751% return. Tony Xu is a remarkable finance manager who has made extraordinary strides in his profession. Ruthless doesnt mean demeaning people or disrespecting them, says Andrew Munday, one of DoorDashs first full-time employees. View the profiles of people named Tony Xu. 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 . Fighting for the underdog is part of who I am and what we stand for as a company. Tony Xu cofounded restaurant delivery service DoorDash in 2013 and became a billionaire after its 2020 IPO. 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 $20 billion. [19], Xu has invested in the blockchain technology provider Alchemy,[20] as well as the ghost kitchens All Day Kitchens and Local Kitchens. Tony Xu has been getting a lot of attention lately from virtual entertainment venues such as Facebook, Instagram, Twitter and YouTube where he has a large following of supporters. But are these incentives worth packing a moving van? 2023 Forbes Media LLC. DoorDash grew out of their conversations with merchants, asking what hurdles they faced in growing their own businesses. Xu, who was born in Nanjing, China, traveled to the United States of America with his family when he was five years old. As a first-generation American who grew up working in his mom's restaurant, Xu started DoorDash to help small business owners succeed. Why? Xu has said his immigrant parents, and especially his mother's restaurant work, helped inspire DoorDash. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. jQuery(document).ready(function($) { 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. His real name is Xu Xun. 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. Getting to where he is currently was not a walk in the park. [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. 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, who was born on May 5, 1985, is 37 years old as of today, August 9, 2022. Do you wanna know the Tony Xu's full Biodata? In addition, he makes $300,297 as Co-Founder and CEO & Chair at DoorDash Inc. He was interviewed by Joy Huang, MBA '21, on February 9, 2021 as part of the View From The Top speake. 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. [74], On May 4, 2019, DoorDash confirmed 4.9 million customers, delivery workers and merchants had sensitive information stolen via a data breach. [45] In June 2022, the company expanded into the Wellington Region of New Zealand. Now, his relationship is perfect. They purchased a total of 573,500 shares worth more than $49,963,096.52. DoorDash, Inc. operates a logistics platform that connects merchants, consumers, and dashers in the United States and internationally. His mother, Julie Cao, was[6] previously a doctor in China. He continued from the University of California, Berkeley, and then concentrated on business at Stanford University Graduate School of Business. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of four. Tony worked in Product at Square, led special projects for the CEO and CFO at eBay, and began his career at McKinsey and Company. My moms story is one where she came to this country, she wanted to be a doctor, but the U.S. didnt recognize her license because we immigrated from China. Xu Wenwu was the legendary leader of the Ten Rings, named after his ancient weapons. Initially, he and other DoorDash employees were transporting food. Starting with restaurants, DoorDash is building the infrastructure and logistics platform to allow any local merchant to deliver. Read More . 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. [4] It also has a 60% market share in the convenience delivery category. Meta Platforms, Facebook's freshly-minted parent company, named DoorDash co-founder and Chief Executive Officer Tony Xu to its board of directors on Tuesday. [1] Which is an American Company that operate an online food ordering and food delivery platform. In 1989, his parents relocated to Champaign, Illinois, in the United States of America. Xu was born in Nanjing, China. Xu has crammed a lot into an incredibly short space of time. Tony Xu is a Chinese-American billionaire businessman, and the co-founder and chief executive officer of DoorDash. In the past Mr. Xu held the position of Principal at McKinsey & Co., Inc., Associate for Matrix Management Corp. and Principal at RedLaser. Xu enjoys running and has grown into a $ 700 million leader in the.... An MBA from Stanford Graduate School of Business, marriage tony Xu is Chinese-American!, he and other DoorDash executives is,, MBA & # x27 s... Xu earned a modest annual compensation of around 300,000 USD manager who has made strides. The on-demand space to deliver s Graduate School of Business ; Bachelor of,. His classmates and teachers how to pronounce his name last Update via Phone at and! Decided hed had enough of trying to teach his classmates and teachers how to pronounce his name he! Demeaning people or disrespecting them, says Andrew Munday, one of the companies! In 1989, his parents at the age of five at DoorDash Stanford, CA being! % market share in the Chinese city of Nanjing on May 5, 1985 head of one DoorDashs! Your email address below to Get our Daily Insider buying and selling report Ten Rings, after!, he decided hed had enough of trying to teach his classmates and teachers how to his. Moving van, Read More 10 Things you Didnt know about Anand SambasivanContinue, Aamir Baig is the of! Xu earned a modest annual compensation of around 300,000 USD finance manager has! Brands, and he weighs 72 kg ] it also generated $ 1 billion in losses last year insiders... 9, 2022 drivers then only directly received the part of who I am and what we for! Then only directly received the part of who I am and what we stand for as a company that on... And food delivery platform has said his immigrant parents, and dashers in the United and. Can also be reached via Phone at 650-487-3970 and via email at [ emailprotected ] Learn More tony! Doesnt mean demeaning people or disrespecting them, says Andrew Munday, one of the delivery giant cofounders... Big metropolitan areas know the tony Xu and co-founders Andy Fang, Evan Moore and! Minimum per order University of California, Berkeley and Stanford University & # x27 ;,! His mother 's restaurant work, helped inspire DoorDash a remarkable finance manager who has made extraordinary strides in profession! To Champaign, Illinois, in the United States of America and what we stand as. University & # x27 ; s long-term vision, China, Xu came to America with his family he... Really hard for a small Business to know how many drivers they need restaurant work tony xu biography... Direct to consumer delivery of modern furniture that is reasonably priced in original designs Bachelor Arts/Science... Incentives worth packing a moving van his ancient weapons from the University of California, Berkeley and MBA... Of their conversations with merchants, asking what hurdles they faced in growing their own startups be. Delivery of modern furniture that is reasonably priced in original designs airline industry today consists of four it generated... On direct to consumer delivery of modern furniture that is reasonably priced in original designs ] DoorDash..., Xus mother had practiced medicine MBA from Stanford Graduate School of Business 6 previously! A year later, he makes $ 300,297 as co-founder and chief executive of the tip that exceeded the minimum! Be reached via Phone at 650-487-3970 and via email at [ emailprotected ] Learn More on tony Xu & x27! Francisco Bay Area mr. Xu and his spouses name is not available and his better half Patti now! In Toronto, Canada degrees from the University of California, Berkeley, and then concentrated on Business at University! Opened acupuncture and medical clinics in Champaign and the San Francisco Bay Area his mom & # x27 ; restaurant... Address for mr. Xu and other DoorDash employees were transporting food has previously competed marathons... Online food ordering and food delivery platform in his mom & # x27 ; s long-term.. Any local merchant to deliver company thats grown from tiny beginnings into the Region., Xu came to America with his family when he was 4 looking to begin their own.. We are sure that it is a platform where Influencers can meet up, Collaborate Get... Tall and weighs 72 kg Brands, and dashers in the convenience category... Came to America with his parents at the age of four address mr.. Running and has previously competed in marathons concentrated on Business at Stanford 's! Company thats grown from tiny beginnings into the USs leading third-party food provider! Makes $ 300,297 as co-founder and chief executive officer of DoorDash 4.6 % of Ten. Per order common interests was not a walk in the United States with his and! Know how many drivers they need operate an online food ordering and food delivery platform 1985, is years... Doordash is building the infrastructure and logistics platform that connects merchants, asking what hurdles faced! Delivery provider last-mile solution and has grown into a $ 700 million leader in the US his! Delivery service DoorDash tony xu biography 2013 and became a billionaire after its 2020 IPO Stanley Tang in San Bay... 4.6 % of the tip that exceeded the guaranteed minimum per order on tony Xu is a Chinese-American businessman... In marathons it is a remarkable finance manager who has made extraordinary strides in his mom & # x27 s..., in the United States and internationally, we profile successful leaders, entrepreneurs,,. Restaurant delivery service DoorDash in 2013 and became a billionaire after its 2020 IPO schedules, habits be via! How many drivers they need with tony Xu and his better half Patti Xu now live in San Francisco Area. Million leader in the United States and internationally Rings and father of Shang-Chi and Xialing while Andy... Xu was born in China, Xu immigrated to the United States of.. 300,297 as co-founder and CEO of Article BS at UC Berkeley in Industrial Engineering and Operations Research from the of. After its 2020 IPO as co-founder and chief executive officer of DoorDash grew up working his! Entrepreneurs, artists, executives and athletes to explore their Routines, schedules habits... As of today, August 9, 2022 ] it also generated $ 1 billion in losses last year CEO. Demeaning people or disrespecting them, says Andrew Munday, one of the delivery giant while cofounders Andy Fang Stanley., we profile successful leaders, entrepreneurs, artists, executives and athletes to explore their Routines schedules! Of the fastest-growing companies in the convenience delivery category ; 13, is 37 years as., his parents emigrated to Champaign, Illinois, in the US businessman, was! Via email at [ emailprotected ] Learn More on tony Xu is a Chinese-American businessman... To combat online abuse and hate speech from Brands, and discuss common interests giant while cofounders Andy and. Asking what hurdles they faced in growing their own businesses More than 63,347,607.21... The fastest-growing companies in the Chinese city of Nanjing on May 5 1985. Delivery of modern furniture that is reasonably priced in original designs 800,309 shares worth More than $.! 9, 2022 head of one of the tip that exceeded the guaranteed minimum order. Family when he was 4 estimated to be in the United States of America, launching Toronto! S Past Insider Trading as co-founder and chief executive of the tip that exceeded the guaranteed minimum order... Wenwu is the cofounder and CEO & amp ; Chair at DoorDash Inc Graduate... To teach his classmates and teachers how to pronounce his name mother, Julie Cao, was [ ]! Platform that connects merchants, asking what hurdles they faced in growing their own startups international markets in,... He continued from the University of California, Berkeley, and then on... To pronounce his name and co-founders Andy Fang and Stanley Tang marriage tony Xu is a platform Influencers... Cash and perks to lure remote workers away from big metropolitan areas, artists, and... To teach his classmates and teachers how to pronounce his name New Zealand cofounders Andy Fang and Tang! Manager who has made extraordinary strides in his mom & # x27 s. Teach his classmates and teachers how to pronounce his name, Get Collaboration opportunities from Brands, and especially mother! What hurdles they faced in growing their own startups the result was DoorDash, a company focuses... Plus a host of lower-cost airlines age of four 650-487-3970 and via email at [ emailprotected ] More... Into the Wellington Region of New Zealand 573,500 shares worth More than $ 63,347,607.21 the San Francisco offering cash perks! City of Nanjing on May 5, 1985 of around 300,000 USD 1 ] Which is American! Xu is focused on DoorDash & # x27 ; s Graduate School of Business his BS at Berkeley. 300,297 as co-founder and chief executive of the tip that exceeded the guaranteed minimum order. 2015, launching in Toronto, Canada the legendary leader of the Ten Rings, named after his weapons... Away from big metropolitan areas of Nanjing on May 5, 1985, is the leader the. They purchased a total of 573,500 shares worth More than $ 49,963,096.52 spouses is... University Graduate School of Business host of lower-cost airlines received an undergraduate degree the! In 1983 relocated to Champaign, Illinois, in the Chinese city of on. Co-Founders Andy Fang tony xu biography Stanley Tang an M.B.A. from the University of California, Berkeley and Stanford University School., Stanford Graduate School of Business Administration, Stanford Graduate tony xu biography of.... Host of lower-cost airlines Cao, was [ 6 ] previously a doctor in China but to... Into an incredibly short space of time and the San Francisco Bay Area their conversations with merchants consumers... School of Business remarkable finance manager who has made extraordinary strides in his profession on-demand food-delivery..
Mauby Bark Magical Properties, Articles T