Xu married his wife Patti shortly after launching DoorDash. Former England defender Rio Ferdinand says not enough is being done to combat online abuse and hate speech. Why? [5] As of December 31, 2020, the platform was used by 450,000 merchants, 20,000,000 consumers, and one million deliverers. They have two children together. In 2021, Xu and his wife signed the Giving Pledge. Mr. Xu holds a B.S. Tony Xu: Daily Routine. Mr. Xu owns 80,000 shares of DoorDash stock worth more than $4,372,800 as of February 28th. }); If you are a Model, Tiktoker, Instagram Influencer, Fashion Blogger, or any other Social Media Influencer, who is looking to get Amazing Collaborations. 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. In a message released to the public, Xu offered 17 weeks severance and 2023 . Despite the pressure of running DoorDash, Xus priority is clearly his family. Then you can join our Facebook Group named Influencers Meet Brands. He completed his BS at UC Berkeley in Industrial Engineering and Operations Research. His date of birth is 1985. Xu has crammed a lot into an incredibly short space of time. Tony Xu hasn't provided a bio yet. "In the Elevator With DoorDash CEO Tony Xu". His mother, Julie Cao, was[6] previously a doctor in China. [64] Under pressure, the company revised its policy. 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 at Bloomberg News "DoorDash: Tony Xu". [2] More at IMDbPro Contact Info: View agent, publicist, legal on IMDbPro. Wenwu is the leader of the Ten Rings and father of Shang-Chi and Xialing. Tony worked in Product at Square, led special projects for the CEO and CFO at eBay, and began his career at McKinsey and Company. 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. [62][63], A DoorDash customer filed a class action lawsuit against the company for its "materially false and misleading" tipping policy. Find out more as we take you through ten things you didnt know about Tony Xu. [75], In July 2021, DoorDash drivers went on strike to protest lack of tip transparency and to ask for higher pay. CEO of DoorDash. In 2021, Tony Xu earned a modest annual compensation of around 300,000 USD. That is, Read More 10 Things You Didnt Know about Anand SambasivanContinue, Aamir Baig is the CEO of Article. Xu was born in the Chinese city of Nanjing on May 5, 1985. In 1989 his parents emigrated to Champaign, Illinois, in the United States of America. "Our new Managing Directors represent the best of our firm's dedication to excellence, leadership and client service, and . Xu owns 4.6% of the delivery giant while cofounders Andy Fang, 28 . Later, he pursued an MBA from the Stanford Graduate School of Business. [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. But he hasnt done it with a traditional method. DoorDash, Inc. is an American company that operates an online food ordering and food delivery platform. The shares were sold at an average price of $141.90, for a transaction totalling $11,352,000.00. Even more astonishingly, hes still only 35 years old. This site uses Akismet to reduce spam. In the last year, insiders at the sold shares 40 times. He hails from Nanjing, China. My moms story is one where she came to this country, she wanted to be a doctor, but the U.S. didnt recognize her license because we immigrated from China. Portfolio - The Vancouver Sun; Portfolio - MEC; Contact; Main; Bio; Portfolio; Portfolio - The Vancouver Sun; Portfolio - MEC 2023 Forbes Media LLC. Tony Xu Biography. History. Rate the pronunciation difficulty of Tony Xu. [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. He is Chinese by Nationality. Mr. Xu received an undergraduate degree from the University of California, Berkeley and an MBA from Stanford Graduate School of Business. Learn More about insider trades at DoorDash. Spoken Languages. Email. Tony Xu's largest sale order was 80,000 units, worth over . Tony Xu (DoorDash CEO) Wiki, Biography, Age, Family, Facts and More, Andrew Carnegie Wiki, Biography, Net Worth, Age, Family, Facts and More. In 2013, Xu helped found DoorDash with Stanford classmates Andy Fang, Evan Moore and Stanley Tang. "[77] DoorDash and GrubHub denied the suit's merits. (Podcast). Xu keeps his position as CEO and claims about 5% of the organization. Thanks, Mom", "DoorDash IPO Delivers Three Billionaires as Wall Street Ignores a Menu of Losses", "Meet DoorDash CEO Tony Xu, the 36-year-old food delivery app entrepreneur whose net worth soared to more than US$3 billion amid Covid-19", "How I Made It: DoorDash's Tony Xu finds uncertainty delivers growth", "DoorDash CEO Tony Xu on Why Obsession With Detail Matters", "DoorDash IPO Could Make CEO Tony Xu And Cofounders Billionaires", "DoorDash IPO turns CEO Tony Xu, co-founders Andy Fang, Stanley Tang into billionaires", "DoorDash Trio worth up to $2.7 billion each as IPO soars", "Asian-Americans aiming to make impact on Election Day", "Silicon Valley Chinese Association Foundation Board Directors", "Alchemy Adds Vikram Pandit, Jeffrey Katzenberg as New Investors", "S.F. About Tony Xu. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. However, Forbes has estimated his net worth to be approximately $1.9 billion. Before Starting DoorDash, Tony has worked in a few prominent companies like Product at Squareand McKinsey and Company. He is Chinese by Nationality. Learn More on DoorDash's active insiders. He earned degrees from the University of California, Berkeley and Stanford University 's Graduate School . 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 . On 9th December 2020, his company launched IPO, which made him a billionaire at such an early age. It was really hard for a small business to know how many drivers they need. Download it now on Amazon. L-R: Stanley Tang, Tony Xu, and Andy Fang; Missing: Evan Moore. Cofounders Andy Fang and Stanley Tang, who Xu met while they . Tony Xu is a Managing Director at Goldman Sachs based in New York City, New York. Xu Xialing - Daughter. [16][17][18], In January 2022, Tony Xu joined the board directors of Meta Platforms. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. Tony Xu cofounded restaurant delivery service DoorDash in 2013 and became a billionaire after its 2020 IPO. ", "2021 Edison Trends U.S. He is known for being the co-founder and chief executive officer (CEO) of his company DoorDash. 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. Xu has said his immigrant parents, and especially his mother's restaurant work, helped inspire DoorDash. Tony Xu's largest purchase order was 121,895 units, worth over $315.97K on September 16, 2021. He is also referred to as a business investor and the director of food transportation administration DoorDash. My least favorite thing to do is the laundry, he tells lifehacker.com. The One Ticker Retirement Plan Over the Shoulder Demo Now Available, Market Wizard Larry Benedict crushed the market in 2022. October 26th, 2022, 2:06 PM PDT. Chart Data in Insider Trading History Table. Tony Xu, MBA '13, is the cofounder and CEO of DoorDash. Tony Xu CEO and Co-founder at DoorDash Stanford, CA. 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. Learn More on Tony Xu's contact information. His mother was the inspiration for DoorDash, 6. Most recently, Tony Xu sold 80,000 shares of the business's stock in a transaction on Tuesday, January 11th. Xu and his . His motto is to have fun and no regrets, 8. 4. All Rights Reserved. [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. Mr Xu owns over 577 units of DoorDash Inc stock worth over $40,701 and over the last 2 years he sold DASH stock worth over $0. 2 /5. Tony Xu was born on May 5, 1985, and as of 2022, he will be 37 years old. As a first-generation American who grew up working in his mom's restaurant, Xu started DoorDash to help small business owners succeed. The result was DoorDash, a company thats grown from tiny beginnings into the USs leading third-party food delivery provider. [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. 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 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. + Add or change photo on IMDbPro . Hisreal name is Xu Xun. 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. Born prematurely in Nanjing, China, his parents decided to name him "Xun . Drivers then only directly received the part of the tip that exceeded the guaranteed minimum per order. Tony has 2 jobs listed on their profile. Humbled and honored to have won the CTO of the year at the 2022 Digital Masters Awards. Frederic Lalonde is a North American businessman and entrepreneur. Tony Leung Chiu Wai was born in Hong Kong on 27 June 1962. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of four. Ruthless doesnt mean demeaning people or disrespecting them, says Andrew Munday, one of DoorDashs first full-time employees. 1. BREAKING: Tiny biotech successfully treats blindness. Get notified the next time Tony Xu buys or sells DoorDash stock. 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. Tony is followed by two additional co-founders. Tony Xu Xu's own story, like that of many founders, begins an ocean away. The Mandarin is just one of the . After graduating, he spent several years working in tech with the likes of McKinsey and eBay. When DoorDash went public in early 2021, its valuation soared to US$32 billion. Cofounders Andy Fang and Stanley Tang, who Xu met while they were all studying at Stanford, own about 4% each. His family moved to USA in 1980s and his mother also started a Chinese Restaurant. In the wake of watching the American TV series Whos the Boss?, in which Tony Danza takes on the role of Tony Micelli, he authoritatively changed his family name from Xu Xun to Tony Xu. Tony Xu had a strong work ethic from an early age, but it wasn't until he met DoorDash's co-founders - and became a Domino's Pizza delivery driver to test out their theories - that it . [1][7] He has voting authority over all Class B shares, giving him control of DoorDash with 69 percent of the voting interest, as of December 2020. The Estimated Net worth is $80K USD $85k. DoorDash brings millions of meals from food banks to families via Project DASH, empowers underrepresented entrepreneurs through the Restaurant Accelerator and Accelerator for Local Goods, and provides work opportunities to millions of people, including Dashers. [36], In May 2021, DoorDash was criticized for unauthorized listings of restaurants who had not given permission to appear on the app. jQuery(document).ready(function($) { 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 came to America with his parents and grew up working in a restaurant alongside his mom. The only reason I have clean clothes is that I trade chores with my wife: I do the dishes, and she does the laundry.. Tony Xu Biography. Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. 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. The couple, who met in church, share a two-year-old daughter named Olivia. As a first-generation American who grew up working in his moms restaurant, Tony started DoorDash to help small business owners succeed. Tony received a Bachelor of Arts degree from Amherst College and a Master of Business Administration from MIT Sloan. Hes been named to Fortunes 40 under 40, 7. Getting to where he is currently was not a walk in the park. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. Hear the latest economic, business and market news, as well as global, national, and local news. Pronunciation of Tony Xu with 1 audio pronunciations. She later opened acupuncture and health centers in Champaign and the San Francisco Bay Area. Insiders at DoorDash own 12.1% of the company. Xu has served as CEO of DoorDash since 2013 and was appointed the . 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]. The experience proved invaluable, as he later discussed with davidsnotes.substack.com. The corporate mailing address for Mr. Xu and other DoorDash executives is , , . [83], In terms of delivery, DoorDash has an algorithm that plans routes automatically and can choose a faster route. The Wall Street Journal [45] In June 2022, the company expanded into the Wellington Region of New Zealand. He started DoorDash to help small . Tony Xu returned to the governing body of Meta Platforms in January 2022. In 1989, his parents relocated to Champaign, Illinois, in the United States of America. 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. 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. 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. This was to rein in expenses. Tony Xu is a Chinese-American billionaire businessman, and the co-founder and chief executive officer of DoorDash. 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. This net worth approximation does not reflect any other investments that Mr. Xu may own. The project presents another step towards the reality of digital clothing interoperability across the metaverse. Pulling on a pair of sneakers and hitting the pavements. But it's too early to write off Klarna. She later opened acupuncture and medical clinics in Champaign and the San Francisco Bay Area. It delivers meals and more from 390,000 restaurants and other merchants like CVS. DoorDash CEO Tony Xu speaks with Emily Chang in the latest episode of Bloomberg's Studio 1.0 (Source: Bloomberg) 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. His date of birth is 1985. It also generated $1 billion in losses last year. Its a company that focuses on direct to consumer delivery of modern furniture that is reasonably priced in original designs. Truth be told, I find it hard to blame them. His exact net worth is unknown. We started the company to really help small businesses, people like my mom, hes explained to vox.com. 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. Master of Business Administration, Stanford Graduate School of Business; Bachelor of Arts/Science, University of California, Berkeley. Tony Xu, also known as Xu Xun is an Entrepreneur. 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. Learn More on Tony Xu's trading history. Xu was born in the Chinese city of Nanjing on May 5, 1985. [38] This aspect of DoorDash's business practice is illegal in California. But later he immigrated to the United States with his parents when he was five years old. Back in 2013, Tony Xu was looking into ideas for a business school project when he hit on a problem affecting most restaurants: delivery. 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 focused on DoorDash's long-term vision. Tony Xu (I) Tony Xu. What is Tony Xu's Past Insider Trading? My motto when making any decisionin work or lifeis to have the most fun and least regrets, he shared. The most recent insider tranaction occured on February, 23rd when Director Stanley J Meresman sold 15,000 shares worth more than $865,050.00. [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. 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Laundry, he tells lifehacker.com York, Boston, Washington DC and San Francisco provides with... More 10 things you didnt know about Anand SambasivanContinue, Aamir Baig is the of! Cto of the year at the sold shares 40 times GrubHub denied the suit 's merits was. Delivery platform Insider Trading the organization my motto when making any decisionin work or to... Co-Founder and chief executive officer and as of 2022, the company in early 2021, its valuation to! City, New York and local news 315.97K on September 16, 2021 is a Chinese-American billionaire businessman and. 'S stock in a message released to the governing body of Meta Platforms in 2022. And hate speech was not a walk in the park Xu Xun an... On February, 23rd when Director Stanley J Meresman sold 15,000 shares worth than... Pressure, the company expanded into the Wellington Region of New Zealand [ ]...

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