[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. Chart Data in Insider Trading History Table. 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 was appointed board chair in November 2020. Its less than 10 seconds watch it here. + Add or change photo on IMDbPro . It would be the same household chore thats a bugbear for the rest of us. We have no information about his girlfriend/boyfriend. In addition, he makes $300,297 as Co-Founder and CEO & Chair at DoorDash Inc. Contact. [14] In the summer of 2013, it received $120,000 in seed money from Y Combinator in exchange for a 7% stake. 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. He changed his name when he was five. [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. Without future ado, let's learn more about Tony Xu. He and his younger sister were raised by their mother after his father left them. "Full Q&A: DoorDash CEO Tony Xu and COO Christopher Payne on Recode Decode". 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 . His ethnicity is Asian. They purchased a total of 573,500 shares worth more than $49,963,096.52. Others named Tony Xu. The Mandarin is just one of the . It was a different license, and we only had $250 in the bank, so we couldnt put her through school. Information on this page was last updated on 2/23/2023. Join Facebook to connect with Tony Xu and others you may know. Pulling on a pair of sneakers and hitting the pavements. Download it now on Amazon. Recurring Shark. Tony Xu Age, height, weight Tony Xu was born on May 5, 1985 and is 37 years old from about 2022. The shares were sold at an average price of $141.90, for a transaction totalling $11,352,000.00. Discover the habits and routines of 50 of the world's most successful people with our latest ebook, Daily Routines. 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 . Its her story that provided the inspiration for Xus decision to launch DoorDash. Tony Xu Biography. 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. It just means a really, really high standard. [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. Terrible insurance policies often prevent innovative new ideas from penetrating the food and beverage industry. Tony Xu Biography Xu was born in the Chinese city of Nanjing on May 5, 1985. [74], On May 4, 2019, DoorDash confirmed 4.9 million customers, delivery workers and merchants had sensitive information stolen via a data breach. Related by financial asset: DoorDash, Inc. On June 7, 2021, Alex Murdaugh called police to report that he had discovered the bodies of his wife and son. In the past Mr. Xu held the position of Principal at McKinsey & Co., Inc., Associate for Matrix Management Corp. and Principal at RedLaser. Enter your email address below to get our daily insider buying and selling report. [28] That month, DoorDash became the fastest growing food delivery service. 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. Dr. Tony Xu was a brilliant researcher who rose to prominence at the University of Hong Kong. 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. He was included in Fortune's "40 Under 40" list in 2020. He describes himself as an avid basketball fan and attributes his ability to learn English to the game and the media. Very difficult. If you know some information, please comment below. His mother was the inspiration for DoorDash, 6. 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]. Later, he pursued an MBA from the Stanford Graduate School of Business. He is known for being the co-founder and chief executive officer (CEO) of his company DoorDash. His Girlfriend/boyfriends name is Not Available. She later opened acupuncture and medical clinics in Champaign and the San Francisco Bay Area. He completed his BS at UC Berkeley in Industrial Engineering and Operations Research. His mother, Julie Cao, was[6] previously a doctor in China. It is essential to recognize that the creative process still stems from the human mind, and AI should simply serve as a tool to flesh out and refine one's preliminary ideas. Tony Xu #0781298. Learn More about insider trades at DoorDash. Let's connect! As a first-generation American who grew up working in his mom's restaurant, Xu started DoorDash to help small business owners succeed. According to a filing made public Monday, DoorDash plans to list 33 million shares, at a price range between $75 to $85 per share. 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. Jan. 12, 2018 11 AM PT. Tony Xu, DoorDash. [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. [19], In October 2019, DoorDash opened its first ghost kitchen, DoorDash Kitchen, in Redwood City, California, with four restaurants operating at the location. In a message released to the public, Xu offered 17 weeks severance and 2023 . It is one of several technology companies.It uses logistics services to offer food deliveries from restaurants on-demand. Tony Xu CEO and Co-founder at DoorDash Stanford, CA. Additionally, Mr. Xu receives an annual salary of $300,300.00 as CEO at DoorDash. [4] He and his wife Patti are signatories to the Giving Pledge. Do you wanna know the Tony Xu's full Biodata? But in 2020, he was one of the highest paid CEOs in the Silicon Valley, making about 414 million USD in total compensation. Humbled and honored to have won the CTO of the year at the 2022 Digital Masters Awards. 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Tony Xu is a Chinese-American billionaire businessman, and the co-founder and chief executive officer of DoorDash. Former England defender Rio Ferdinand says not enough is being done to combat online abuse and hate speech. He is Chinese by Nationality. His exact net worth is unknown. Born in Nanjing, China, Xu came to America with his parents and grew up working . He is around35 years old [Not Confirmed] as of 2020. [1][10], Early in his career, Xu interned at the financial services and digital payments company Square, Inc. and completed business development work for the e-commerce app RedLaser. One needs to be proactive before making investment decisions to avoid making a wrong decision. After working on corporate development for the RedLaser e-commerce software, Xu began his career as an intern at Square, Inc., a startup in banking, finance, and digital payments. DoorDash is America's largest food delivery service. Tony Xu and his Husband, Patti Xu Xu, live in San Francisco. We have no more Information about his Father; we will try to collect information and update soon. Fathers name is Not Available. So, whats his favorite way to clear his mind? He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. Hes been named to Fortunes 40 under 40, 7. Tony Xu, who was born on May 5, 1985, is 37 years old as of today, August 9, 2022. 4. They have two children together. Xu, who was born in Nanjing, China, traveled to the United States of America with his family when he was five years old. [64] Under pressure, the company revised its policy. 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 $20 billion. Born in China, Tony came to America with his parents and grew up working in his mom's restaurant. jQuery(document).ready(function($) { Xu met his co-founders at Stanford. Xu was born in the Chinese city of Nanjing on May 5, 1985. The Estimated Net worth is $80K USD $85k. History. Too much a liability for any self-respecting University, Xu was unemployable upon release. He hails from Nanjing, China. Tony Xu is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. It helps me regulate my mind and body, which I think is why the habit stuck. 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 . Tony Xu cofounded restaurant delivery service DoorDash in 2013 and became a billionaire after its 2020 IPO. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. The most recent insider tranaction occured on February, 23rd when Director Stanley J Meresman sold 15,000 shares worth more than $865,050.00. It delivers meals and more from 390,000 restaurants and other merchants like CVS. Xu is the organizer behind Alchemy, a blockchain innovation provider, as well as the phantom cafes All Day Kitchens and Local Kitchens. DoorDash Inc. is an American on-demand prepared food delivery service. In 2013, he married his wife, Patti Xu, in church. DoorDash co-founder and CEO Tony Xu has joined Meta's board of directors, the Facebook parent company announced on Tuesday. Matthew Lorber (Entrepreneur) Wiki, Biography, Age, Girlfriend, Family, Facts, and Many More. 1. [4] It also has a 60% market share in the convenience delivery category. Tony Leung Chiu Wai was born in Hong Kong on 27 June 1962. [62][63], A DoorDash customer filed a class action lawsuit against the company for its "materially false and misleading" tipping policy. Born in Nanjing, China, Xu came to America with his parents and grew up working in a restaurant alongside his mom. DoorDash CEO Tony Xu says drivers don't want to give up the flexibility afforded by their independent-contractor status. Tony Xu Biography. [3], With a 56% market share, DoorDash is the largest food delivery company in the United States. Now, his relationship is perfect. Xu has said his immigrant parents, and especially his mother's restaurant work, helped inspire DoorDash. PALO ALTO, U.S. -- Tony Xu, co-founder and CEO of U.S. food delivery giant DoorDash, has always had a need for speed. Cofounders Andy Fang and Stanley Tang, who Xu met while they were all studying at Stanford, own about 4% each. Tony Xu is a Managing Director at Goldman Sachs based in New York City, New York. Tony Xu Social Media Accounts; Tony Xu's net worth, wiki, bio, career, height, weight, pics, family, affairs, car, salary, age, facts, and other details in 2022. [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. Tony Xu's largest purchase order was 121,895 units, worth over $315.97K on September 16, 2021. What is Tony Xu's Past Insider Trading? [13][15], In December 2018, DoorDash overtook Uber Eats to hold the second position in total US food delivery sales, behind GrubHub. Initially, he and other DoorDash employees were transporting food. He came with his parents from Nanjing, China, in 1989, when he was five, with only $300 in their pockets, but unlimited . Xu and his . There are 6 older executives and no younger executives at DoorDash. November 12, 2018. She later opened needle therapy and wellness centers in Champaign and the San Francisco Bay Area. Read More . Write Tony Xu' 1st recommendation. 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. On this Wikipedia the language links are at the top of the page across from the article title. The company also said it had changed the default drop-off option to contactless delivery. }); 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 CEO & Co-Founder. [5] Xu continues to be CEO, and owns an approximately five percent stake in the company. Tony Xu Biography Xu was born in the Chinese city of Nanjing on May 5, 1985. [36], In May 2021, DoorDash was criticized for unauthorized listings of restaurants who had not given permission to appear on the app. Tony Xu has not been actively trading shares of DoorDash over the course of the past ninety days. Tony Xu Owner at Tony Xu & Associates Inc. Diamond Bar, CA. 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]. Save my name, email, and website in this browser for the next time I comment. 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. 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). Tony Xu. Learn More on DoorDash's active insiders. Currently, Lee is practicing the smidgen of Chinese that he picked up while visiting the Chinese mainland in hopes of someday being able to read certain historical texts in their original language. Tony Xu's Phone Number and Email Last Update. 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 Xu (born Xu Xun, 1983/1984) is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. Xu was born in Nanjing, China. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. Tony Xu Biography and Net Worth. Tony has 2 jobs listed on their profile. In 2013, he married his better half, Patti Xu, in the chapel. DoorDash can also be reached via phone at 650-487-3970 and via email at [emailprotected] Learn More on Tony Xu's contact information. The partnership with the NUL includes $12 million in funding to assist drivers of color in building job skills and financial literacy. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of four. Despite the pressure of running DoorDash, Xus priority is clearly his family. In 1989 his parents emigrated to Champaign, Illinois, in the United States of America. He previously worked as a project manager for McKinsey & Company as well as a strategy implementation analyst for apps such as eBay and PayPal. His date of birth is 1985. Since. His height is 1.69 m, and he weighs 72 kg. 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. Experience. The company was formerly known as Palo Alto Delivery Inc. and changed its name to DoorDash, Inc. in 2015. It is a Platform where Influencers can meet up, Collaborate, Get Collaboration opportunities from Brands, and discuss common interests. Johnson, Eric (January 9, 2019). 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. He earned degrees from the University of California, Berkeley and Stanford University 's Graduate School . While the company has . In the summer of 2013, it received $120,000 in seed money from Y . Tony Xu's largest sale order was 80,000 units, worth over . We cant say their name. Buy now, pay later provider Klarna announced a 71% year-over-year increase in gross merchandise value (GMV) in the US in 2022, and now has more than 8 million monthly active app users in the US. [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. The experience proved invaluable, as he later discussed with davidsnotes.substack.com. Xu is the CEO. Find out more as we take you through ten things you didn't know about Tony Xu. But we are trying hard to collect all the information about him and will update you soon. 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Tony Xu (born Xu Xun, 1983/1984) is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of four. Exp Realty. Liked by Tony Xu. Master of Business Administration, Stanford Graduate School of Business; Bachelor of Arts/Science, University of California, Berkeley. In 1989, his parents relocated to Champaign, Illinois, in the United States of America. [25] He and his wife Patti met at church while they were undergraduates at Berkeley and married in 2013; the couple have two children. [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. As a first-generation American who grew up working in his mom's restaurant, Tony started DoorDash to help small . Mr. Xu is currently 38 years old. They are in relation from previous few years of a strong relationship. This chart shows Tony Xu's buying and selling at DoorDash by year and by quarter. The highest earning executive at DoorDash is Mr. Christopher D. Payne, Pres & COO, who commands a salary of $350,930.00 per year. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of five. 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. $.post('https://www.wikifamouspeople.com/wp-admin/admin-ajax.php', {action: 'mts_view_count', id: '533655'}); Hear the latest economic, business and market news, as well as global, national, and local news. After graduating, he spent several years working in tech with the likes of McKinsey and eBay. 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. This page has information about Tony Xu, who He is around 35 years old [Not Confirmed] as of 2020. This article maps the current industry onto a traditional Monopoly board. 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. The friendship would later take on a professional bent when they joined forces to found DoorDash in 2013. Why? DoorDash. Like the iconic board game Monopoly, owning the best real estate is the way to win. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. 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. Among the questions asked was an inquiry into what advice hed offer young entrepreneurs looking to begin their own startups. Tony Xu, 33, is a co-founder and chief executive of the DoorDash on-demand food-delivery start-up. Wiki, Biography, Age, Spouse, Net Worth, Fast Facts. DoorDash had its IPO in December 2020[2][3] making Xu's net worth an estimated $2.8 billion as of April 2021. On Daily Routines, we profile successful leaders, entrepreneurs, artists, executives and athletes to explore their routines, schedules, habits . L-R: Stanley Tang, Tony Xu, and Andy Fang; Missing: Evan Moore. 0. [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. 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 . When a customer added a tip, instead of going directly to the driver, it first went to the company to cover the guaranteed minimum. Tony Xu says AB5 would have disastrous results if implemented. Learn how your comment data is processed. The corporate mailing address for Mr. Xu and other DoorDash executives is , , . He is also the CEO of a travel company called Hopper. 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. This was to rein in expenses. In January 2013, they launched PaloAltoDelivery.com in Palo Alto, California. To get the insight scoop, Xu decided to take a job as a delivery driver with Dominos Pizza. January 11, 2022. That provided the inspiration for Xus decision to launch DoorDash largest purchase order was 121,895 units worth! 1985 and is 37 years old [ not Confirmed ] as of 2023, the Net... Initially, he married his better half, Patti Xu Xu, who met. 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