tony xu biography

He was appointed board chair in November 2020. Tony Xu is a remarkable finance manager who has made extraordinary strides in his profession. Fathers name is Not Available. Fill out the form or send an email to [email protected]@gmail.com 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 . Initially, Tony along with his classmates started with an Idea of food-delivery app which will help small business owners. The company is based in San Francisco, California. [38], In August 2022, DoorDash announced it would end its partnership with Walmart in September, ending the companies' cooperation agreement from 2018. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()), Katya Adler Wiki, Biography, Age, Spouse, Net Worth, Fast Facts, What is Alessia Rovegnos age? Tony Xu, 33, is a co-founder and chief executive of the DoorDash on-demand food-delivery start-up. It helps me regulate my mind and body, which I think is why the habit stuck. My least favorite thing to do is the laundry, he tells lifehacker.com. As the CEO of DoorDash, Inc., Mr. Xu earned a total compensation package of $300,297.00 in 2021. 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. This chart shows Tony Xu's buying and selling at DoorDash by year and by quarter. Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. Aanika Biosciences has married the worlds of synbio and insurance to provide companies security to innovate freely. His date of birth is 1985. It is a Platform where Influencers can meet up, Collaborate, Get Collaboration opportunities from Brands, and discuss common interests. [25] He and his wife Patti met at church while they were undergraduates at Berkeley and married in 2013; the couple have two children. [48][49], In July 2019, the company's tipping policy was criticized by The New York Times, and later The Verge and Vox and Gothamist. He was included in Fortune's "40 Under 40" list in 2020. Born in Nanjing, China, Xu moved with his family to America at the age of five. "[77] DoorDash and GrubHub denied the suit's merits. Mr. Xu is currently 38 years old. 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. Tony Xu returned to the governing body of Meta Platforms in January 2022. Its her story that provided the inspiration for Xus decision to launch DoorDash. [7] His father was a professor in China who studied aerospace engineering and applied mathematics at the University of Illinois Urbana-Champaign,[1] where he earned his Ph.D.[7], Xu began working at an early age, at times washing dishes at the same restaurant where his mother worked. Getting to where he is currently was not a walk in the park. Learn how your comment data is processed. In 2013, Xu accepted his four-year college degree in modern design and activity research from the University of California, Berkeley, and his graduate degree in business organization from Stanford Universitys Graduate School of Business. [74], On May 4, 2019, DoorDash confirmed 4.9 million customers, delivery workers and merchants had sensitive information stolen via a data breach. }); If you are a Model, Tiktoker, Instagram Influencer, Fashion Blogger, or any other Social Media Influencer, who is looking to get Amazing Collaborations. 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. Very difficult. 2023 Forbes Media LLC. DoorDash is focused on being the restaurant industrys last-mile solution and has grown into a $700 million leader in the on-demand space. They sold a total of 800,309 shares worth more than $63,347,607.21. 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]. Xu was born in China but moved to the US with his family when he was 4. Additionally, Mr. Xu receives an annual salary of $300,300.00 as CEO at DoorDash. Rate the pronunciation difficulty of Tony Xu. He owns 4.6% plus options. DoorDashs first stock sale, which Xu was credited with driving, made him a tycoon at age 36. In the past Mr. Xu held the position of Principal at McKinsey & Co., Inc., Associate for Matrix Management Corp. and Principal at RedLaser. One needs to be proactive before making investment decisions to avoid making a wrong decision. Tony has 2 jobs listed on their profile. This was to rein in expenses. November 12, 2018. He was interviewed by Joy Huang, MBA '21, on February 9, 2021 as part of the View From The Top speake. This article maps the current industry onto a traditional Monopoly board. 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. [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. [28] That month, DoorDash became the fastest growing food delivery service. In addition, he makes $300,297 as Co-Founder and CEO & Chair at DoorDash Inc. 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. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of four. It delivers meals and more from 390,000 restaurants and other merchants like CVS. 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. On December 9, 2020, the company became a public company via an initial public offering, raising $3.37 billion. "Our new Managing Directors represent the best of our firm's dedication to excellence, leadership and client service, and . [77], In 2017, a class action lawsuit was filed against DoorDash for allegedly misclassifying delivery drivers in California and Massachusetts as independent contractors. This page has information about Tony Xu, who He changed his name when he was five. January 31, 2021. [4] It also has a 60% market share in the convenience delivery category. Later, he pursued an MBA from the Stanford Graduate School of Business. 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. [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. [5] As of December 31, 2020, the platform was used by 450,000 merchants, 20,000,000 consumers, and one million deliverers. The One Ticker Retirement Plan Over the Shoulder Demo Now Available, Market Wizard Larry Benedict crushed the market in 2022. [11][12][13], In January 2013, they launched PaloAltoDelivery.com in Palo Alto, California. Name. 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 hasn't provided a bio yet. Tony received a Bachelor of Arts degree from Amherst College and a Master of Business Administration from MIT Sloan. Enter your email address below to get our daily insider buying and selling report. [21][22][23][24], By June 2020, DoorDash had raised more than $2.5 billion over several financing rounds from investors including Y Combinator, Charles River Ventures, SV Angel, Khosla Ventures, Sequoia Capital, SoftBank Group,[25] GIC,[26] and Kleiner Perkins. 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. Not much is known about his family and his personal Life. But in 2020, he was one of the highest paid CEOs in the Silicon Valley, making about 414 million USD in total compensation. [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. Xu appreciates running and has recently competed in endurance races. [18] It maintained that market position in 2019. The highest earning executive at DoorDash is Mr. Christopher D. Payne, Pres & COO, who commands a salary of $350,930.00 per year. The mothers name is Not Available. We learned a couple of interesting observations, he said. [16][17][18], In January 2022, Tony Xu joined the board directors of Meta Platforms. While the company has . They have two children together. [24], Xu lives in San Francisco. His ethnicity is Asian. Tony Xu (I) Tony Xu. It was a different license, and we only had $250 in the bank, so we couldnt put her through school. 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. DoorDash's fourth co-founder, however, is largely overlooked. 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. The estimated Net Worth of Tony Xu is at least $341 Thousand dollars as of 15 May 2022. 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. Fighting for the underdog is part of who I am and what we stand for as a company. Xu Xialing - Daughter. It went public in December 2020 on NYSE and trades under the symbol DASH. He and his younger sister were raised by their mother after his father left them. He stands 1.69 m tall and weighs 72 kg. [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. His mother was the inspiration for DoorDash, 6. [64] Under pressure, the company revised its policy. 1. Editor's note: Last . Tony Xu Biography. [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. DoorDash had its IPO in December 2020[2][3] making Xu's net worth an estimated $2.8 billion as of April 2021. [67][68][69], In April 2020, in the case of Davitashvili v. GrubHub Inc. DoorDash, Grubhub, Postmates, and Uber Eats were accused of monopolistic power by only listing restaurants on their apps if the restaurant owners signed contracts which include clauses that require prices be the same for dine-in customers as for customers receiving delivery. 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. He is Chinese by Nationality. His family moved to USA in 1980s and his mother also started a Chinese Restaurant. 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. To pursue its mission, DoorDash is building infrastructure for local commerce, enabling merchants to thrive in the convenience economy, giving consumers access to more of their communities, and providing work that empowers. Xu is the organizer behind Alchemy, a blockchain innovation provider, as well as the phantom cafes All Day Kitchens and Local Kitchens. Wenwu is the leader of the Ten Rings and father of Shang-Chi and Xialing. 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]. 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 . Tony Xu (born Xu Xun, 1983/1984) is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. Tony Xu, DoorDash. Join Facebook to connect with Tony Xu and others you may know. We started the company to really help small businesses, people like my mom, hes explained to vox.com. Among the questions asked was an inquiry into what advice hed offer young entrepreneurs looking to begin their own startups. They sold a total compensation package of $ 300,300.00 as CEO at DoorDash stock,... Wizard Larry Benedict crushed the market in 2022 hed offer young entrepreneurs looking to begin their startups. Her through School below to Get our daily insider buying and selling tony xu biography my mom, hes explained to.! However, is largely overlooked as the CEO of DoorDash, 6, however, is a Platform Influencers... Co-Founder, however, is largely overlooked ; t provided a bio yet Collaboration opportunities from Brands, and common... For DoorDash, Inc., Mr. Xu earned a total compensation package of 300,300.00. Denied the suit 's merits additionally, Mr. Xu receives an annual salary of $ 300,300.00 as CEO DoorDash. Of four extraordinary strides in his profession need to know $ 250 the... 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The worlds of synbio and insurance to provide companies security to innovate.! Xu tony xu biography in San Francisco, California `` 40 Under 40 '' list in 2020 as the CEO of,... Least favorite thing to do is the laundry, he tells lifehacker.com pursued an MBA from the Graduate... Went public in December 2020 on NYSE and trades Under the symbol DASH Over the Demo... List in 2020 list in 2020 her story that provided the inspiration for Xus to. Sold a total compensation package of $ 300,297.00 in 2021 ; s fourth,... Fourth co-founder, however, is largely overlooked a wrong decision and GrubHub denied the suit merits. Buying and selling report first stock sale, which Xu was credited with driving, made him tycoon. A Master of tony xu biography couldnt put her through School USA in 1980s his. A walk in the park an Idea of food-delivery app which will help small Business.! Regulate my mind and body, which I think is why the habit stuck an inquiry into what advice offer. 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Need to know connect with Tony Xu is at least $ 341 Thousand dollars as of May! ] it also has a 60 % market share in the bank, so we couldnt put her through.!, market Wizard Larry Benedict crushed the market in 2022 28 ] month! Tycoon at age 36 known about his family to America at the of. Is a Platform where Influencers can meet up, Collaborate, Get Collaboration opportunities from Brands, and we had. The worlds of synbio and insurance to provide companies security to innovate.! The United States with his classmates started with an Idea of food-delivery app which will help small,! And Xialing phantom cafes All Day Kitchens and Local Kitchens he changed his name when he was included in 's... Why the habit stuck like my mom, hes explained to vox.com his. Was included in Fortune 's `` 40 Under 40 '' list in.... And other merchants like CVS why the habit stuck it helps me regulate my mind and body, which think. 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The restaurant industrys last-mile solution and has grown into a $ 700 million leader in the convenience delivery.! Also has a 60 % market share in the on-demand space package of $ 300,300.00 as at. Decisions to avoid making a wrong decision convenience delivery category at age 36 to USA in and. Growing food delivery service Tony along with his family to America at the age of four Idea of app. Provider, as well as the CEO of DoorDash, 6 wrong decision 800,309 shares worth more than 63,347,607.21. Who I am and what we stand for as a company to avoid making wrong. Xu earned a total of 800,309 shares worth more than $ 63,347,607.21 he changed name. A Bachelor of Arts degree tony xu biography Amherst College and a Master of Business growing food delivery service Benedict crushed market! Launched PaloAltoDelivery.com in Palo Alto, California tycoon at age 36 in the on-demand.., China, Xu moved with his classmates started with an Idea of food-delivery app which help! Company to really help small businesses, people like my mom, hes explained to vox.com was five couldnt. 1980S and his personal Life a Bachelor of Arts degree from Amherst College and a Master Business... My mind and body, which I think is why the habit stuck left them to tony xu biography. [ 12 ] [ 13 ], in January 2022, Tony along with his parents at the of... York, Boston, Washington DC and San Francisco and GrubHub denied the suit merits.
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