Pulling on a pair of sneakers and hitting the pavements. Tony Xu, MBA '13, Cofounder and CEO, DoorDash, Asian American and Pacific Islander (AAPI), "DoorDash IPO will make its CEO a billionaire here's how his immigrant parents inspired his success", "Shares Of DoorDash IPO Jump By Double Digits As Trading Begins", "Tony Xu, the steady hand steering DoorDash's delivery empire", "The Secret Behind These Tech Founders' Success? [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. CEO of DoorDash. DoorDash is focused on being the restaurant industrys last-mile solution and has grown into a $700 million leader in the on-demand space. Being the CEO of a multi-billion dollar company is a huge achievement for any financial specialist. 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 . 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. Tony Xu returned to the governing body of Meta Platforms in January 2022. Wenwu is the leader of the Ten Rings and father of Shang-Chi and Xialing. Join Facebook to connect with Tony Xu and others you may know. [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. In 1989 his parents emigrated to Champaign, Illinois, in the United States of America. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. 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. "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? See full bio . [38], In August 2022, DoorDash announced it would end its partnership with Walmart in September, ending the companies' cooperation agreement from 2018. Tony Chiu-Wai Leung. His date of birth is 1985. This page has information about Tony Xu, who Growing up, his mom worked as a server at a Chinese restaurant. So, whats his favorite way to clear his mind? [28] That month, DoorDash became the fastest growing food delivery service. He was caught after one too many 'exploratory' trips into K&O servers, and spent time in a detention center as a result. He eventually settled on Tony after actor Tony Danza, who at the time was starring in Xus favorite TV show, Whos the Boss?. Prior to the move, Xus mother had practiced medicine. DoorDashs first stock sale, which Xu was credited with driving, made him a tycoon at age 36. Xu is the CEO. The life of a CEO might be a constant whirlwind of meetings and conference calls, but Xu makes sure to schedule some regular downtime to relax. Fathers name is Not Available. He was photographed at Monster Pho in Oakland. In 2013, he married his better half, Patti Xu, in the chapel. The guest shark Tony Xu is a Chinese-American billionaire and a businessman, who was born in 1983. In February 2021, 55% of DoorDash's drivers were women. This site uses Akismet to reduce spam. From . [20], In January 2020, it was reported that DoorDash had lied about skimming tips from its drivers, causing them to earn an average of $1.45 an hour after expenses, and that after the company had allegedly overhauled its tipping system, DoorDash was still manipulating per-delivery payouts at the expense of drivers. Write Tony Xu' 1st recommendation. Frederic Lalonde is a North American businessman and entrepreneur. Tony Xu is married and his wife is named Patti. It just means a really, really high standard. History. 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. Tony Xu. Prior to co-founding DoorDash. [78][9] Gizmodo criticized the settlement, noting that the $413 million that DoorDash CEO Tony Xu received the previous year was one of the largest CEO compensation packages of all time. Tony Xu Net Worth - DoorDash CEO Salary. Tony Xu's . He holds a B.S. It went public in December 2020 on NYSE and trades under the symbol DASH. Born in Nanjing, China, Xu came to America with his parents and grew up working . Cofounders Andy Fang and Stanley Tang, who Xu met while they . [40], DoorDash began expanding into international markets in 2015, launching in Toronto, Canada. It operates DoorDash marketplace, which provides an array of services that enable merchants to solve mission-critical challenges, such as customer acquisition, delivery, insights and analytics, merchandising, payment processing, and customer support; and offers DoorDash Drive, a white-label logistics service; DoorDash Storefront that enables merchants to offer consumers on-demand access to e-commerce. Leadership is all about finding the best talent and making an. She later opened acupuncture and medical clinics in Champaign and the San Francisco Bay Area. [38] This aspect of DoorDash's business practice is illegal in California. He is known for being the co-founder and chief executive officer (CEO) of his company DoorDash. He is around 35 years old [Not Confirmed] as of 2020. Tony Xu, (born 1985 as Xu Xun) (Chinese: ), is a Chinese-American technology executive and the co-founder and CEO of DoorDash. 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. But in 2020, he was one of the highest paid CEOs in the Silicon Valley, making about 414 million USD in total compensation. 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. Tony Xu cofounded restaurant delivery service DoorDash in 2013 and became a billionaire after its 2020 IPO. It was founded in 2012. [24], Xu lives in San Francisco. My least favorite thing to do is the laundry, he tells lifehacker.com. "Full Q&A: DoorDash CEO Tony Xu and COO Christopher Payne on Recode Decode". In addition, he makes $300,297 as Co-Founder and CEO & Chair at DoorDash Inc. 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. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of four. Over the past decade, hes gone from being a student to becoming the head of one of the fastest-growing companies in the US. Occupation Xu started his career as an understudy at Square, Inc., a banking and money and automated installment startup startup, and later worked on business improvements for the online business application RedLaser. Initially, he and other DoorDash employees were transporting food. [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. She later opened needle therapy and wellness centers in Champaign and the San Francisco Bay Area. + Add or change photo on IMDbPro . 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 . 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 . His height is 1.69 m and he weighs 72 kg. [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. On 9th December 2020, his company launched IPO, which made him a billionaire at such an early age. Raza . Its less than 10 seconds watch it here. As a first-generation American who grew up working in his mom's restaurant, Xu started DoorDash to help small business owners succeed. [2] 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. Also, we have no information about his son and daughter. Tony Xu, MBA '13, is the cofounder and CEO of DoorDash. [7][60][61][62] Drivers receive a guaranteed minimum per order that is paid by DoorDash by default. In 1989, his parents relocated to Champaign, Illinois, in the United States of America. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. 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. Discover the habits and routines of 50 of the world's most successful people with our latest ebook, Daily Routines. Twitter View on Twitter. 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. 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