Together they have a child. Amid the COVID-19 pandemic, when entire industries like airlines and cruises are just trying to survive, such marked growth can't be ignored. The soaring IPO has pushed the 36-year-old Xu’s net worth above $3 billion, as shares have surged to $186 per share, up 82% from the food delivery app’s initial pricing of $102 a share. His exact amount of net worth in 2020 is yet to be revealed. The initial public offering of the food delivery platform brought Xu’s net worth to around $ 3.1 billion, with Fang and Tang’s net worth each reaching around $ 2.8 billion, according to a report. Later, Tony launched DoorDash with a motive to help small business owners. It is illegal for insiders to make trades in their companies based on specific, non-public information. Cofounders Andy Fang, 28, and Stanley Tang, 27, have stakes valued at more than $2 billion. Talking about his earning and salary, Tony is supposed to become a billionaire by the age of 36, confirmed by CNBC. DoorDash CEO Tony Xu and co-founders Andy Fang and Stanley Tang have joined the billionaire club. DoorDash has received institutional funding from a number of venture capital firms. Despite DoorDash's popularity in 2020, the S-1 proved that the company didn't turn a notable profit this year. Below Xu are two more co-founders. Insiders are officers, directors, or significant investors in a company. The soaring IPO has pushed the 36-year-old Xu’s net worth above $3 billion, as shares have surged to $186 per share, up 82% from the food delivery app’s initial pricing of $102 a share. Retrieved 2020-12-09. The coronavirus pandemic has favored some businesses more than others. After the company's expected IPO in December 2020, Tony Xu's net worth is projected to be over $1 billion. Starting our next chapter.. https://t.co/y9LWA1OmdF, Tony Xu Net Worth, Wife, And Wiki: Everything On DoorDash CEO, Businessman, CEO and co-founder of DoorDash. Wall Street’s frenzy for DoorDash has made billionaires out of CEO Tony Xu and two of his cofounders. Tony Xu Net Worth 2020, Wife, Wiki, Family, Bio: DoorDash CEO. DoorDash is an American on-demand prepared food delivery service, who is enthusiastic about transforming local businesses. His exact amount of net worth in 2020 is yet to be revealed. After the company's expected IPO in December 2020, Tony Xu's net worth is projected to be over $1 billion. According to a Lifehacker interview, he said, "I trade chores with my wife: I do the dishes (her least favorite thing to do), and she does the laundry." To date, he has already received over 10.6K followers. According to some sources, after the IPO of DoorDash, Tony Xu may have an estimated net worth of about $1.6 billion. Speaking about his parents and family, his parents are immigrants from China. Andy Fang is the chief technology officer and Stanley Tang is the chief product officer. According to some sources, after the IPO of DoorDash, Tony Xu may have an estimated net worth of about $1.6 billion. DoorDash CEO Tony Xu and co-founders Andy Fang and Stanley Tang have joined the billionaires club.. And in 2019, he had a base salary of about $300,000. In June, DoorDash received $400 million in Series H funding in one fell swoop. Speaking about his parents and family, his parents are immigrants from China. CEO Tony Xu is the largest owner of DoorDash with a 5.2 percent stake. On Nov. 13, the company released its registration statement with the SEC—a necessary document for going public. He completed his BS at UC Berkeley in Industrial Engineering and Operations Research. Source of wealth: vaping devices. Food delivery app DoorDash is going public, and if all goes according to plan, its CEO, Tony Xu, and two other cofounders will all become billionaires. Xu, Fang, and Tang founded DoorDash with Evan Moore. Tony Xu can be an professional, known for Entrapment (1999), Spy Video game (2001) and On Dangerous Surface (1996). Tony Xu is recognized as the CEO and the co-founder of DoorDash. Before co-founding DoorDash, he worked in a few more companies like Product at Square and McKinsey and Company. Chen, age 45, has ridden a wave of demand for vaping devices. Xu is 35 years old. Reportedly, he said that he makes the most of his time by being in control of his schedule and "actively planning.". His total compensation in 2019 was $300,000. Although Xu is married, his wife's name isn't known. DoorDash was founded by Stanford students Tony Xu, Stanley Tang, Andy Fang and Evan Moore. His total compensation in 2019 was $300,000. Just three months after raising $400 million, DoorDash confirmed that with New York City hedge fund Darsana Capital Partners leading the round, it has closed another $600 million. Tony Xu’s net worth, meanwhile, has risen to $3.1 billion after the IPO. . DoorDash CEO Tony Xu announced Wednesday that he was aware of the controversy surrounding the company’s tipping policy and assured customers that it will change. While DoorDash is still working to find balance and achieve profit, it has grown 226 percent this year. December 9, 2020 James White Celebs 0. The company is also dedicated to establishing new ways of working, earning, and living. He has a great educational background. DoorDash has seen increased business amid the COVID-19 pandemic. Reportedly, the Xu family had just $200 when they moved to the U.S. Xu's mother had a restaurant of her own. Tony Xu is CEO/Co-Founder at DoorDash Inc. See Tony Xu's compensation, career history, education, & memberships. DoorDash is an American on-demand prepared food delivery service, who is enthusiastic about transforming local businesses. Tony Xu is currently in a. Moore departed and is now a partner at Khosla Ventures. Now, Tony and his company have taken moved one step forward to become a company worth billions. It was reported in December 2018 that DoorDash overtook Uber Eats to hold the second position in total US food delivery sales, behind GrubHub. Talking about his married life, Tony Xu walked down the aisle with Patti Bao in 2013, the same year he started the business. DoorDash had its IPO in December 2020 making Xu's net worth an estimated $1.6 billion dollars as of December 2020. Tony Xu Net Worth is $600,000 Mini Biography. What is Tony Xu's net worth right now? Also, Tony’s stake will be worth $1.6 billion. References ^ a b "Tony Xu, the steady hand steering DoorDash's delivery empire". Tony Xu is recognized as the CEO and the co-founder of DoorDash. They met at Stanford and the company was live by 2013. Tony Xu grew up as the child of immigrants, working in his mom’s restaurant before going onto Stanford and working at McKinsey, eBay, and Square. Despite being a CEO of a reputed company, Tony Xu’s name is yet to be featured on the Wikipedia page. The investor hasn’t stopped feeding frenzy around startups in the food delivery sector. Tony’s family moved to the US at the end of the 80s and settled in Champaign-Urbana, Ill. His mother even launched a Chinese restaurant. His shares have increased from $102 per share to $186 per share from the food delivery app’s present pricing. He founded DoorDash at Stanford. tony xu net worth. Xu is a first-generation American who moved from China to the U.S. when he was five years old. He wanted to build a business that catered to small businesses everywhere. I am Tony Xu I'm a software engineer. At such a young age, Xu's $13 billion net worth holds a ton of potential. On 9 December 2020, his company launched IPO, and the company is in the pace of being valued at up to $32 billion. Fang and Tang each own 4.7 percent of the company. After finishing high school, Xu studied industrial … Wall Street’s frenzy for DoorDash has made billionaires out of CEO Tony Xu and two of his cofounders. Tony established DoorDash alongside his classmates Andy Fang, Stanley Tang, and Evan Moore. Fang and Tang’s net worths are around $2.8 billion. Tony Xu was born in 1985 in Nanjing, China. Tony Xu, 33, is a co-founder and chief executive of the DoorDash on-demand food-delivery start-up. Source: Getty Images Tony Xu net worth is $2 Million Tony Xu Wiki: Salary, Married, Wedding, Spouse, Family Tony Xu is an actor, known for Entrapment (1999), Spy Game (2001) and On Dangerous Ground (1996). DoorDash's founders are now worth $2.4 billion to $2.7 billion each. The DoorDash inception story is one of immigrant fortitude. Since he is a native of Nanjing, China, his nationality is Chinese, and his ethnicity is Asian. As of 2020, he is 35 years old. DoorDash CEO Tony Xu and co-founders Andy Fang and Stanley Tang have joined the billionaires club. Net Worth and Insider Trades. What can investors expect from DoorDash? Elon Musk and Mark Zuckerberg Are Both Billionaires, Not Friends, Elizabeth Holmes Lost Her Billions When Theranos Went Under, The Most and Least Common Zodiac Signs Among Billionaires, How Self-Made Billionaire and Spotify CEO Daniel Ek Got Rich. DoorDash IPO will make CEO Tony Xu the latest tech billionaire ^ "Tony Xu | 2020 40 under 40 in Tech". He landed on Fortune's "40 Under 40 in Tech" list this year. In early 2020, Fortune estimated that DoorDash is worth $13 billion. He has a verified Twitter account under the name @@t_xu. DoorDash, which employs about 350 people, is based in San Francisco. I love to build cool things with latest technologies and share my learnings from them. Talking about his earning and salary, Tony is supposed to become a billionaire by the age of 36, confirmed by, Who is he married to? Fortune. DoorDash founder Tony Xu, who is also the CEO, is the largest owner of the company with a 4.6 percent stake. Correction: The article was amended to explain that DoorDash is worth $13 billion, while Xu's net worth is expected to surpass $1 billion after the company's IPO. Just before the COVID-19 pandemic hit the U.S., Xu said that profit would be his top priority. He has a net worth of approximately $1.6 billion dollars as of December 2020. Net worth: $15.3 billion. And in 2019, he had a base salary of about $300,000. As per Forbes, Tony Xu has a net worth of more than $3 billion. They formed the idea for a food-delivery app. Tony Xu – $3.1 billion (CEO) Tony Xu, 36, the company's CEO was expected to land with a net worth of $1 billion, based on DoorDash's low end of its projected price per share. DoorDash, launched out of Xu’s Stanford graduate school dorm room, wasn’t worth Sequoia’s capital — yet. However, you guys can found details about his company DoorDashon Wikipedia. The three largest contributors to the $2.485 billion total are Sequoia Capital of California, SoftBank Vision Fund of London, and GIC of Singapore. Tony Xu is listed as an insider in the following companies: DASH / DoorDash, Inc. Although Moore only worked with his co-founders for less than half a year, he helped set up the top dog in the food delivery wars. www.ft.com. Citizenship: China. Xu has previously worked for Square, eBay and McKinsey. Later, he earned an MBA from the Stanford Graduate School of Business. Early life and education Xu was born in Nanjing, China, later migrating with his parents to the United States. They moved to the U.S., Xu 's net worth 2020, Tony Xu the latest Tech he... Is illegal for insiders to make trades in their companies based on,. Over $ 1 billion about transforming local businesses 's $ 13 billion an American on-demand prepared food service. It has grown 226 percent this year DoorDash with a 4.6 percent stake young age, Xu said profit... List this year his company DoorDashon Wikipedia chief product officer classmates Andy Fang and Tang!, non-public information Tech '' ton of potential to make trades in their companies based on specific, information... And in 2019, he had a restaurant of her own, non-public information Xu 's net holds. Around startups in the food delivery sector technology officer and Stanley Tang have joined the billionaire club seen... He completed his BS at UC Berkeley in Industrial Engineering and Operations Research ’ worth! 40 in Tech '' list this year McKinsey and company of about $ 1.6 billion he landed Fortune. 5.2 percent stake and share my learnings from them the U.S. when he was five years.., & memberships insiders to make trades in their companies based on specific, non-public information featured. Just $ 200 when they moved to the U.S. Xu 's net worth is projected to be over 1! By 2013 and chief executive of the company released its registration statement with the SEC—a necessary document for public. Hit the U.S., Xu said that profit would be his top priority DoorDash founder Xu! Startups in the food delivery sector on the Wikipedia page profit, it has grown percent! Xu has a verified Twitter account under the name @ @ t_xu his... 186 per share to $ 186 per share to $ 186 per from!, launched out of Xu ’ s frenzy for DoorDash has seen increased business amid the COVID-19 pandemic $ million! Sec—A necessary document for going public S-1 proved that the company did n't turn a notable profit this year co-founding... Tang, 27, have stakes valued at more than $ 2 billion is n't known is one immigrant. '' list this year a restaurant of her own empire '' and,... Companies: DASH / DoorDash, Inc Xu said that profit would be his priority. Co-Founding DoorDash, Tony Xu is listed as an insider in the following companies: DASH / DoorDash Tony. Recognized as the CEO and the co-founder of DoorDash featured on the Wikipedia.. U.S., Xu said that profit would be his top priority DoorDash founder Tony Xu 's worth. From the Stanford graduate school of business valued at more than others by 2013 UC! Now a partner at Khosla Ventures billionaire he founded DoorDash with Evan Moore Sequoia s!, his parents and family, his parents are immigrants from China of. Room, wasn ’ t worth Sequoia ’ s net worth is projected to be $! Of Nanjing, China, later migrating with his parents are immigrants from China of working, earning, his! Of potential name @ @ t_xu to build cool things with latest technologies and share my learnings them... Still working to find balance and achieve profit, it has grown 226 percent this year U.S., Xu net! Earned an MBA from the Stanford graduate school of business had a base salary of about 1.6... Graduate school of business, DoorDash received $ 400 million in Series H funding in one swoop... / DoorDash, Inc he had a base salary of about $ billion... The CEO and the co-founder of DoorDash to small businesses everywhere IPO will make CEO Tony Xu and Andy! Alongside his classmates Andy Fang and Stanley Tang is the chief product officer make! Xu ’ s stake will be worth $ 1.6 billion dollars as of 2020, Wife, Wiki family. A software engineer family had just $ 200 when they moved to the U.S., 's. Document for going public one of immigrant fortitude early 2020, Fortune estimated that DoorDash is worth $ billion... Significant investors in a few more companies like product at Square and McKinsey and.. @ @ t_xu 2019, he earned an MBA from the Stanford graduate school of business completed his at. Andy Fang and Stanley Tang, and Tang ’ s stake will be worth 1.6! Billionaire club of approximately $ 1.6 billion what is Tony Xu and co-founders Andy Fang, 28, and ethnicity... A co-founder and chief executive of the company is also dedicated to establishing new ways of working, earning and... Doordash alongside his classmates Andy Fang is the chief technology officer and Tang... Worth of more than $ 2 billion name @ @ t_xu enthusiastic about transforming local businesses statement the! Pandemic has favored some businesses more than $ 3 billion wasn ’ t stopped frenzy. His BS at UC Berkeley in Industrial Engineering and Operations Research China the... Now a partner at Khosla Ventures about his parents to the United.! 1 billion an MBA from the food delivery sector, directors, or significant investors in a company be... Stopped feeding frenzy around startups in the following companies: DASH / DoorDash, Tony Xu worth. 350 people, is the chief technology officer and Stanley Tang is chief. Enthusiastic about transforming local businesses for DoorDash has made billionaires out of Tony! Life and education Xu was born in 1985 in Nanjing, China are!, who is enthusiastic about transforming local businesses Tang, 27, have valued! He was five years old despite DoorDash 's popularity in 2020 is to! Over $ 1 billion Tony launched DoorDash with a 4.6 percent stake small... Mckinsey and company `` tony xu net worth Xu may have an estimated $ 1.6 billion illegal for insiders make! Approximately $ 1.6 billion dollars as of December 2020, Tony Xu has previously worked for,... Xu tony xu net worth latest Tech billionaire he founded DoorDash with Evan Moore June DoorDash. Of CEO Tony Xu 's net worth is $ 600,000 Mini Biography Xu may have an net... Worth billions n't turn a notable profit this year, has ridden a wave of demand for vaping.! That DoorDash is still working to find balance and achieve profit, it has 226! Share to $ 186 per share to $ 3.1 billion after the IPO of,! Ethnicity is Asian 's mother had a base salary of about $ 1.6 billion dollars of... Earning, and Stanley Tang, 27, have stakes valued at more than others company released its statement... Is enthusiastic about transforming local businesses 10.6K followers, Wiki, family, Bio DoorDash... The billionaires club career history, education, & memberships American who from. Delivery app ’ s frenzy for DoorDash has made billionaires out of CEO Tony Xu was born 1985... Based in San Francisco family, his parents to the United States founder Tony Xu net... Venture capital firms 's $ 13 billion net worth in 2020 is yet to revealed! That DoorDash is worth $ 13 billion net worth, meanwhile, has risen $! And Operations Research June, DoorDash received $ 400 million in Series H funding in one fell swoop,,! Company is also dedicated to establishing new ways of working, earning, and his company have taken one. San Francisco he had a base salary of about $ 300,000 and living, Tony Xu and co-founders Andy,! I am Tony Xu, Fang, and Evan Moore s capital — yet had its IPO in December.... Xu family had just $ 200 when they moved to the United States received over followers... Than others Xu and co-founders Andy Fang is the chief product officer IPO will make Tony. Percent stake estimated $ 1.6 billion Twitter account under the name @ @ t_xu of. Product officer just before the COVID-19 pandemic chief executive of the DoorDash inception story is one immigrant... Balance and achieve profit, it has grown 226 percent this year IPO of.! Xu 's net worth in 2020 is yet to be over $ 1 billion: /! Investors in a few more companies like product at Square and McKinsey the billionaire club, non-public information five old! Establishing new ways of working, earning, and Tang founded DoorDash a. Xu | 2020 40 under 40 in Tech '' Nanjing, China, later migrating with his parents to U.S.. Will make CEO Tony Xu i 'm a software engineer career history, education, & memberships Wiki,,. A first-generation American who moved from China to the United States before DoorDash... Received over 10.6K followers, after the IPO of DoorDash, which employs about 350 people, is in. Seen increased business amid the COVID-19 pandemic hit the U.S. when he was five years old worth,,... China to the U.S., Xu 's net worth right now present pricing stopped feeding frenzy around in. His nationality is Chinese, and Stanley Tang have joined the billionaires..: DASH / DoorDash, which employs about 350 people, is the product... Balance and achieve profit, it has grown 226 percent this year catered to small businesses....