Save my name, email, and website in this browser for the next time I comment. What are the age, height, and weight of Tony Xu? Find out more as we take you through ten things you didnt know about Tony Xu. [10][70][71][72][73] Although several preliminary documents in the case have now been filed, a trial date has not yet been set. He is also referred to as a business investor and the director of food transportation administration DoorDash. Tony Xu, CEO of DoorDash, is the Business Times' 2021 Executive of the Year. They purchased a total of 573,500 shares worth more than $49,963,096.52. Learn More on Tony Xu's contact information. Tony is followed by two additional co-founders. He is also the CEO of a travel company called Hopper. DoorDash. Tony Chiu-Wai Leung. Others named Tony Xu. 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. Do you wanna know the Tony Xu's full Biodata? 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. 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. Dr. Tony Xu was a brilliant researcher who rose to prominence at the University of Hong Kong. DoorDash co-founder and CEO Tony Xu has joined Meta's board of directors, the Facebook parent company announced on Tuesday. [4] He and his wife Patti are signatories to the Giving Pledge. 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. 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. The company began addressing the challenges of delivery from restaurants and has since expanded focus to include grocery, retail, beauty, alcohol, pet food, flowers and convenience. The ex-Manchester United, Leeds and West Ham star also says fans have more power than they think, and if clubs are brave, they can harness this power for good. Eventually, he decided to return to education by taking a business course at Stanford. [83], In terms of delivery, DoorDash has an algorithm that plans routes automatically and can choose a faster route. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. Xu enjoys running and has previously competed in marathons. He stands 1.69 m tall and weighs 72 kg. For most establishments, the costs of delivering food from their door to the customers made it unviable. Mr. Xu holds a B.S. Read More . I run in the mornings two or three times during the week, and both days on the weekend, he tells sequoiacap.com. In addition, he makes $300,297 as Co-Founder and CEO & Chair at DoorDash Inc. Master of Business Administration, Stanford Graduate School of Business; Bachelor of Arts/Science, University of California, Berkeley. [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. 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. In recent times, interested individuals might have seen Maezawas name in, Read More 10 Things You Didnt Know about Maezawa YusakuContinue. DoorDash can also be reached via phone at 650-487-3970 and via email at [emailprotected] Learn More on Tony Xu's contact information. He earned degrees from the University of California, Berkeley and Stanford University 's Graduate School . Tony Xu's Phone Number and Email Last Update. Tony Xu Sales Manager- Shanghai PYTES Energy Co., Ltd. . He has an extremely effective life both in family and profession. Xu has stated that the eating activities of his foreign guardians, especially his mothers, influenced the making of DoorDash. Tony Xu is a Chinese-American billionaire businessman, and the co-founder and chief executive officer of DoorDash. "Full Q&A: DoorDash CEO Tony Xu and COO Christopher Payne on Recode Decode". 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. His real name is Xu Xun. His date of birth is 1985. My motto when making any decisionin work or lifeis to have the most fun and least regrets, he shared. [14] In the summer of 2013, it received $120,000 in seed money from Y Combinator in exchange for a 7% stake. While the company has . Spoken Languages. Tony Xu Social Media Accounts; Tony Xu's net worth, wiki, bio, career, height, weight, pics, family, affairs, car, salary, age, facts, and other details in 2022. Unfortunately, her medical license wasnt recognized in the US and she was forced to give up her career to work in a restaurant instead. That kind of thing doesnt go unnoticed, as Xu himself learned when he earned a place on Fortunes prestigious 40 under 40, an annual round-up of the most influential people under the age of 40. Earlier in his career, Xu interned at Square, Inc., and worked for McKinsey & Company, eBay, and PayPal. Written by hao. He and his co-founders started DoorDash to help local businesses like that restaurant succeed. Xu owns 4.6% of the delivery giant while cofounders Andy Fang, 28 . It incorporated as DoorDash in June 2013. It would be the same household chore thats a bugbear for the rest of us. Meta Platforms, Inc. He is Chinese by Nationality. "[77] DoorDash and GrubHub denied the suit's merits. Actor: In the Mood for Love. Born in Nanjing, China, Xu came to America with his parents and grew up working in a restaurant alongside his mom. His date of birth is 1985. jQuery(document).ready(function($) { 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. There are 6 older executives and no younger executives at DoorDash. They are in relation from previous few years of a strong relationship. This site uses Akismet to reduce spam. 4. This explains why I feel so lucky doing what I do every day.. [6], DoorDash has been criticized and sued for withholding tips, reducing tip transparency, antitrust price manipulation, listing restaurants without permission, and allegedly misclassifying workers. In a message released to the public, Xu offered 17 weeks severance and 2023 . founded by Stanford students Tony Xu, Stanley Tang, Andy Fang and Evan Moore. DoorDash's initial public offering in 2020, which Xu has been credited for leading,[12] made him a billionaire at the age of 36. [33][3][34] The price has seesawed from initial opening of $182[33] to a low of $112 in May 2021, a high of $257 in November 2021, to a new low of $58 in June 2022. [80] As of September 2021, Project DASH operated in more than 900 cities and had delivered more than 15 million meals. The company also said it had changed the default drop-off option to contactless delivery. [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. Born in Nanjing, China, Xu moved with his family to America at the age of five. 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. Price Range (last 24 months) None Reported. He was interviewed by Joy Huang, MBA '21, on February 9, 2021 as part of the View From The Top speake. $.post('https://www.wikifamouspeople.com/wp-admin/admin-ajax.php', {action: 'mts_view_count', id: '533655'}); 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 . Fathers name is Not Available. It was a different license, and we only had $250 in the bank, so we couldnt put her through school. Learn More on DoorDash's active insiders. [7][60][61][62] Drivers receive a guaranteed minimum per order that is paid by DoorDash by default. Tony Xu: Daily Routine. 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. 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. Tony Xu cofounded restaurant delivery service DoorDash in 2013 and became a billionaire after its 2020 IPO. The One Ticker Retirement Plan Over the Shoulder Demo Now Available, Market Wizard Larry Benedict crushed the market in 2022. 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. [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. + Add or change photo on IMDbPro . He earned degrees from the University of California, Berkeley and Stanford University's 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. Discover the habits and routines of 50 of the world's most successful people with our latest ebook, Daily Routines. [19], Xu has invested in the blockchain technology provider Alchemy,[20] as well as the ghost kitchens All Day Kitchens and Local Kitchens. Tony Xus fortune is estimated to be in the $2 billion range. As of 2023, the estimated net worth of Tony Xu ranges between 1.5-2.5 billion USD. Tony Xu says AB5 would have disastrous results if implemented. Xu was born in the Chinese city of Nanjing on May 5, 1985. All Rights Reserved. It delivers meals and more from 390,000 restaurants and other merchants like CVS. He is Chinese by Nationality. If customers tip over a set amount for the order total, Doordash hides a portion of the tip until the delivery is complete. He was named in Fortunes 40 Under 40 list in 2020. 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 . Across America, smaller cities and less-populated states are offering cash and perks to lure remote workers away from big metropolitan areas. In the last year, DoorDash insiders bought shares 2 times. 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. In 2021, Tony Xu earned a modest annual compensation of around 300,000 USD. Tony has 2 jobs listed on their profile. [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. 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. BIOGRAPHY/Wiki. On December 9, 2020, the company became a public company via an initial public offering, raising $3.37 billion. Tony worked in Product at Square, led special projects for the CEO and CFO at eBay, and began his career at McKinsey and Company. January 11, 2022. Ruthless doesnt mean demeaning people or disrespecting them, says Andrew Munday, one of DoorDashs first full-time employees. Before Starting DoorDash, Tony has worked in a few prominent companies like Product at Squareand McKinsey and Company. Born in Nanjing, China, Xu came to America with his parents and grew up working . Tony Xu and his Husband, Patti Xu Xu, live in San Francisco. Tony Xu's largest sale order was 80,000 units, worth over . Tony Leung Chiu Wai was born in Hong Kong on 27 June 1962. November 12, 2018. Born in China, Tony came to America with his parents and grew up working in his mom's restaurant. Xu keeps his position as CEO and claims about 5% of the organization. The Estimated Net worth is $80K USD $85k. Tony Xu Net Worth - DoorDash CEO Salary. She later opened needle therapy and wellness centers in Champaign and the San Francisco Bay Area. His family moved to USA in 1980s and his mother also started a Chinese Restaurant. The project presents another step towards the reality of digital clothing interoperability across the metaverse. Xu was born in the Chinese city of Nanjing on May 5, 1985. He eventually settled on Tony after actor Tony Danza, who at the time was starring in Xus favorite TV show, Whos the Boss?. As the CEO of DoorDash, Inc., Mr. Xu earned a total compensation package of $300,297.00 in 2021. 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. 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. Write Tony Xu' 1st recommendation. 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, 36, became a billionaire as a result of the profitable public sale, and he now owns over 5% of the firm, according to CNBC. Facebook gives people the power to share and. More at IMDbPro Contact Info: View agent, publicist, legal on IMDbPro. He was photographed at Monster Pho in Oakland. Twitter View on Twitter. [36], In May 2021, DoorDash was criticized for unauthorized listings of restaurants who had not given permission to appear on the app. ", "2021 Edison Trends U.S. Why? 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. 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. 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