Tony Leung Chiu Wai was born in Hong Kong on 27 June 1962. [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. Exp Realty. The couple, who met in church, share a two-year-old daughter named Olivia. [4] It also has a 60% market share in the convenience delivery category. 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 the last year, insiders at the sold shares 40 times. Tony Xu's . But we are sure that it is not available and his spouses name is not available. DoorDash brings millions of meals from food banks to families via Project DASH, empowers underrepresented entrepreneurs through the Restaurant Accelerator and Accelerator for Local Goods, and provides work opportunities to millions of people, including Dashers. 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. Tony Xu, the creator of Doordash, is a multibillionaire Chinese-American businessman who was born in 1983. Notify me of follow-up comments by email. 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. Xu was born in the Chinese city of Nanjing on May 5, 1985. Tony Xu's largest sale order was 80,000 units, worth over . 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 $40 Million. DoorDashs IPO in 2020 has expanded Tonys total net worth to this level. Actor. Later, he pursued an MBA from the Stanford Graduate School of Business. He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. jQuery(document).ready(function($) { Wenwu is the leader of the Ten Rings and father of Shang-Chi and Xialing. [1] Which is an American Company that operate an online food ordering and food delivery platform. Tony received a Bachelor of Arts degree from Amherst College and a Master of Business Administration from MIT Sloan. [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. The Wall Street Journal [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. L-R: Stanley Tang, Tony Xu, and Andy Fang; Missing: Evan Moore. His mother, Julie Cao, was[6] previously a doctor in China. The highest earning executive at DoorDash is Mr. Christopher D. Payne, Pres & COO, who commands a salary of $350,930.00 per year. DoorDash's insider roster includes Prabir Adarkar (CFO), Shona Brown (Director), Andy Fang (Director), Gordon Lee (CAO), Alfred Lin (Director), Stanley Meresman (Director), Christopher Payne (COO), Tia Sherringham (General Counsel), Stanley Tang (Director), Tony Xu (CEO), and Keith Yandell (Insider). 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. This net worth approximation does not reflect any other investments that Mr. Xu may own. 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. [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. He has a very business-oriented mindset and continues to make money using his knowledge and skillset. As a first-generation American who grew up working in his mom's restaurant, Xu started DoorDash to help small business owners succeed. We connect brands with social media talent to create quality sponsored content. 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, MBA '13, is the cofounder and CEO of DoorDash. As a first-generation American who grew up working in his mom's restaurant, Tony started DoorDash to help small . [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. [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 Nanjing, China, Xu immigrated to the United States with his parents at the age of four. [35] By August 2022, the stock was trading at $82 per share. Mr. Xu is currently 38 years old. Very difficult. Tony Xu is one of our co-founders and has served as our Chief Executive Officer and as one of our directors since May 2013. In 2021, Xu and his wife signed the Giving Pledge. Xu Wenwu was the legendary leader of the Ten Rings, named after his ancient weapons. He was caught after one too many 'exploratory' trips into K&O servers, and spent time in a detention center as a result. 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. 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. Fittingly, Tony Xu, now 35, would end up being "the boss" himself. 9 months. The company is based in San Francisco, California. It delivers meals and more from 390,000 restaurants and other merchants like CVS. DoorDash CEO Tony Xu says drivers don't want to give up the flexibility afforded by their independent-contractor status. Tony Xu's largest purchase order was 121,895 units, worth over $315.97K on September 16, 2021. Learn More on DoorDash's active insiders. [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. 1. Tony is followed by two additional co-founders. 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. Fighting for the underdog is part of who I am and what we stand for as a company. Tony Xu, who was born on May 5, 1985, is 37 years old as of today, August 9, 2022. Xu married his wife Patti shortly after launching DoorDash. Tony Xu Tony Xu is the co-founder and CEO of DoorDash. BREAKING: Tiny biotech successfully treats blindness. Rate the pronunciation difficulty of Tony Xu. 2023 Forbes Media LLC. He completed his BS at UC Berkeley in Industrial Engineering and Operations Research. Even more astonishingly, hes still only 35 years old. Xu and his . Later, he pursued an MBA from the Stanford Graduate School of Business. + Add or change photo on IMDbPro . "DoorDash, Inc. 2022 Annual Report (Form 10-K)", "Changes to the DoorDash Leadership Team", "DoorDash, the $13B on-demand food delivery startup, says it has confidentially filed for an IPO", "Which company is winning the restaurant food delivery war? However, Forbes has estimated his net worth to be approximately $1.9 billion. Xu enjoys running and has previously competed in marathons. The experience proved invaluable, as he later discussed with davidsnotes.substack.com. DoorDashs first stock sale, which Xu was credited with driving, made him a tycoon at age 36. She later opened acupuncture and health centers in Champaign and the San Francisco Bay Area. He came with his parents from Nanjing, China, in 1989, when he was five, with only $300 in their pockets, but unlimited . Born in Nanjing, China, Xu came to America with his parents and grew up working . He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. View Tony Xu's profile on LinkedIn, the world's largest professional community. Written by hao. More at IMDbPro Contact Info: View agent, publicist, legal on IMDbPro. He joined Invisible to gain personal protection while continuing his research. Xu was born in China and moved to the U.S. at age five. As a first-generation American who grew up working in his mom's restaurant, Tony started DoorDash to help small business owners succeed. We learned a couple of interesting observations, he said. Learn More on Tony Xu's age. He is around35 years old [Not Confirmed] as of 2020. 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. Now estimated to be worth close to $16 billion, DoorDash has made names of its founders, not least Xu, who currently presides over the company as its CEO. What is Tony Xu's Past Insider Trading? His real name is Xu Xun. DoorDash, Inc. is an American company that operates an online food ordering and food delivery platform. 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. Hisreal name is Xu Xun. [14] In the summer of 2013, it received $120,000 in seed money from Y Combinator in exchange for a 7% stake. The company also said it had changed the default drop-off option to contactless delivery. He most recently served as a task director for McKinsey and Company and as a systems execution expert for applications such as eBay and PayPal. [40], DoorDash began expanding into international markets in 2015, launching in Toronto, Canada. He and his younger sister were raised by their mother after his father left them. He describes himself as an avid basketball fan and attributes his ability to learn English to the game and the media. Career. NPR. Fathers name is Not Available. }); If you are a Model, Tiktoker, Instagram Influencer, Fashion Blogger, or any other Social Media Influencer, who is looking to get Amazing Collaborations. 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. It was founded in 2012. He holds a B.S. [39], In late November 2022, DoorDash announced plans to layoff 1,250 corporate employees, or about six percent of their workforce. DoorDash. 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. Tony Xu is known for Entrapment (1999), Spy Game (2001) and On Dangerous Ground (1996). Recode. 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. As of 2020, it holds the largest market share in the USA. For most establishments, the costs of delivering food from their door to the customers made it unviable. . 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. Tony Xu, 33, is a co-founder and chief executive of the DoorDash on-demand food-delivery start-up. [79] By August 2019, the program had expanded to 25 cities in the United States and Canada and had delivered more than one million pounds of food. Xu, who was born in Nanjing, China, traveled to the United States of America with his family when he was five years old. [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. The only reason I have clean clothes is that I trade chores with my wife: I do the dishes, and she does the laundry.. 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. It Takes Two (simplified Chinese: ) is a 2012 Singaporean Chinese year-end blockbuster drama produced by MediaCorp TV.It stars Chen Hanwei, Yao Wenlong, Kym Ng, Ann Kok & Zheng Geping as casts of the series. Unfortunately, her medical license wasnt recognized in the US and she was forced to give up her career to work in a restaurant instead. In 2012, this meeting was the predecessor of the transport organization PaloAltoDelivery.com. Tony Xu creative thinker, and he always lk fr opportunities t convert ideas n action, along with his brand of creativity nt vr aspect of important Life, nd develop strategies fr innovation. Xu was born in China but moved to the US with his family when he was 4. In 2013, he married his better half, Patti Xu, in the chapel. 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. Without future ado, let's learn more about Tony Xu. We have no more information about his spouse. Why? Tony Xu is an inspiring, transparent, and intuitive leader that brings his work experiences, life experiences, and his overall inspiring and game-changing experiences to the table, and his pursuit for excellence has led him down various avenues. 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. His Girlfriend/boyfriends name is Not Available. Xu Shang-Chi - Son. [24], Xu lives in San Francisco. Chart Data in Insider Trading History Table. He and his co-founders started DoorDash to help local businesses like that restaurant succeed. 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. 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. He has an extremely effective life both in family and profession. Born in Nanjing, China, Xu moved with his family to America at the age of five. 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. Dr. Tony Xu was a brilliant researcher who rose to prominence at the University of Hong Kong. Jackson Norriss told Trevor Slattery that the real Mandarin wasn't happy that he appropriated his name and Slattery was to be taken to him to face his punishment. 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