Tony Xu

Xu was born in Nanjing, China.{{cite news |last1=Lee |first1=Dave |title=Tony Xu, the steady hand steering DoorDash's delivery empire |url=https://www.ft.com/content/53e32708-59ea-11ea-a528-dd0f971febbc |access-date=August 5, 2021 |work=Financial Times |date=February 28, 2020 |issn=0307-1766 |archive-date=January 15, 2022 |archive-url=https://web.archive.org/web/20220115063849/https://www.ft.com/content/53e32708-59ea-11ea-a528-dd0f971febbc |url-status=live }} In 1989, his parents immigrated to Champaign, Illinois. His mother, Julie Cao, was{{cite journal |last1=Mann |first1=Sonya |title=The Secret Behind These Tech Founders' Success? Thanks, Mom |journal=Inc. |url=https://www.inc.com/sonya-mann/mothers-day-business-inspo.html |access-date=August 5, 2021 |issn=0162-8968 |archive-date=January 14, 2022 |archive-url=https://web.archive.org/web/20220114041456/https://www.inc.com/sonya-mann/mothers-day-business-inspo.html |url-status=live }} a doctor in China who later opened acupuncture and medical clinics in Champaign and the San Francisco Bay Area.{{cite journal |last1=Sorvino |first1=Chloe |title=DoorDash IPO Delivers Three Billionaires as Wall Street Ignores a Menu of Losses |journal=Forbes |date=December 9, 2020 |url=https://www.forbes.com/sites/chloesorvino/2020/12/09/doordash-ipo-delivers-three-billionaires-as-wall-street-ignores-a-menu-of-losses/?sh=3ce1d94717b5 |access-date=August 4, 2021 |issn=0015-6914 |archive-date=January 14, 2022 |archive-url=https://web.archive.org/web/20220114041347/https://www.forbes.com/sites/chloesorvino/2020/12/09/doordash-ipo-delivers-three-billionaires-as-wall-street-ignores-a-menu-of-losses/?sh=3ce1d94717b5 |url-status=live }} His father was a professor in China who studied aerospace engineering and applied mathematics at the University of Illinois Urbana-Champaign,{{cite news |last1=Huddleston Jr. |first1=Tom |title=DoorDash IPO will make its CEO a billionaire — here's how his immigrant parents inspired his success |url=https://www.cnbc.com/2020/12/09/doordash-ipo-will-make-ceo-tony-xu-the-latest-tech-billionaire.html |access-date=August 4, 2021 |publisher=CNBC |date=December 9, 2020 |archive-date=January 14, 2022 |archive-url=https://web.archive.org/web/20220114041413/https://www.cnbc.com/2020/12/09/doordash-ipo-will-make-ceo-tony-xu-the-latest-tech-billionaire.html |url-status=live }} where he earned his Ph.D.

Xu began working at an early age, at times washing dishes at the same restaurant where his mother worked.{{cite news |last1=Mendoza |first1=Kenn Anthony |title=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 |url=https://www.scmp.com/magazines/style/celebrity/article/3124524/meet-doordash-ceo-tony-xu-36-year-old-food-delivery-app |access-date=August 5, 2021 |work=South China Morning Post |date=March 8, 2021 |oclc=648902513 |archive-date=January 30, 2022 |archive-url=https://web.archive.org/web/20220130221247/https://www.scmp.com/magazines/style/celebrity/article/3124524/meet-doordash-ceo-tony-xu-36-year-old-food-delivery-app |url-status=live }}{{cite news |last1=White |first1=Ronald D. |title=How I Made It: DoorDash's Tony Xu finds uncertainty delivers growth |url=https://www.latimes.com/business/la-fi-himi-xu-door-dash-20180112-htmlstory.html |access-date=August 5, 2021 |work=Los Angeles Times |date=January 12, 2018 |oclc=3638237 |archive-date=January 14, 2022 |archive-url=https://web.archive.org/web/20220114041347/https://www.latimes.com/business/la-fi-himi-xu-door-dash-20180112-htmlstory.html |url-status=live }} 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. Xu earned his Bachelor of Science degree in industrial engineering and operations research from the UC Berkeley College of Engineering and his Master of Business Administration degree from the Stanford Graduate School of Business in 2013.{{cite web |last1=Doyle |first1=Kelsey |title=DoorDash CEO Tony Xu on Why Obsession With Detail Matters |url=https://www.gsb.stanford.edu/insights/doordash-ceo-tony-xu-why-obsession-detail-matters |publisher=Stanford Graduate School of Business (Stanford University) |access-date=August 4, 2021 |date=June 16, 2021 |archive-date=January 17, 2022 |archive-url=https://web.archive.org/web/20220117085439/https://www.gsb.stanford.edu/insights/doordash-ceo-tony-xu-why-obsession-detail-matters |url-status=live }}

File:TechCrunch Disrupt NY 2016 - Day 3 (26348657713).jpg

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. He also worked as a business analyst for the management consulting firm McKinsey & Company, and as a corporate strategy consultant for eBay and PayPal.{{cite journal |title=40 Under 40: Tony Xu |journal=Fortune |date=2020 |url=https://fortune.com/40-under-40/2020/tony-xu/ |access-date=August 4, 2021 |issn=0015-8259 |archive-date=December 20, 2021 |archive-url=https://web.archive.org/web/20211220171354/https://fortune.com/40-under-40/2020/tony-xu/ |url-status=live }}

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. Xu has said his immigrant parents, and especially his mother's restaurant work, helped inspire DoorDash. Initially, he and other DoorDash employees completed food deliveries. Xu continues to be CEO, and owns an approximately five percent stake in the company. DoorDash's initial public offering in 2020, which Xu has been credited for leading,{{cite journal |last1=Sorvino |first1=Chloe |title=DoorDash IPO Could Make CEO Tony Xu And Cofounders Billionaires |journal=Forbes |date=November 30, 2020 |url=https://www.forbes.com/sites/chloesorvino/2020/11/30/doordash-ipo-will-mint-ceo-tony-xu-and-cofounders-as-billionaires/?sh=20ef93ad6aed |access-date=August 4, 2021 |archive-date=January 14, 2022 |archive-url=https://web.archive.org/web/20220114041345/https://www.forbes.com/sites/chloesorvino/2020/11/30/doordash-ipo-will-mint-ceo-tony-xu-and-cofounders-as-billionaires/?sh=20ef93ad6aed |url-status=live }} made him a billionaire at the age of 36. 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.{{cite news |last1=Manfredi |first1=Lucas |title=DoorDash IPO turns CEO Tony Xu, co-founders Andy Fang, Stanley Tang into billionaires |url=https://www.foxbusiness.com/money/doordash-ipo-turns-ceo-tony-xu-into-billionaire |access-date=August 4, 2021 |publisher=Fox Business |archive-date=January 14, 2022 |archive-url=https://web.archive.org/web/20220114044355/https://www.foxbusiness.com/money/doordash-ipo-turns-ceo-tony-xu-into-billionaire |url-status=live }}{{cite news |last1=Maloney |first1=Tom |title=DoorDash Trio worth up to $2.7 billion each as IPO soars |url=https://www.seattletimes.com/business/doordash-trio-built-company-from-super-simple-ugly-web-page/ |access-date=August 5, 2021 |work=The Seattle Times |date=December 9, 2020 |via=Bloomberg News |issn=0745-9696 |oclc=9198928 |archive-date=December 20, 2021 |archive-url=https://web.archive.org/web/20211220171353/https://www.seattletimes.com/business/doordash-trio-built-company-from-super-simple-ugly-web-page/ |url-status=live }}

In 2020, Xu was included in Fortune{{'s}} "40 Under 40" list. In 2022, he became an angel investor in the Gigs startup.{{Cite web |date=2022-09-21 |title=Gigs rings up $20 million with Google’s early-stage venture fund Gradient, YC Continuity, Speedinvest, and a who’s who of angel investors dialling in |url=https://tech.eu/2022/09/21/gigs-rings-up-20-million-with-google-s-early-stage-venture-fund-gradient-yc-continuity-speedinvest-and-a-who-s-who-of-angel-investors-dialling-in/ |access-date=2024-05-06 |website=Tech.eu |language=en-GB}}

In addition to DoorDash's board of directors,{{cite web |title=Tony Xu |url=https://ir.doordash.com/governance/board-of-directors/person-details/default.aspx?ItemId=77536bfc-95d0-4cbf-b8d6-2c754b9613f8 |publisher=DoorDash |access-date=August 5, 2021 |archive-date=January 14, 2022 |archive-url=https://web.archive.org/web/20220114041606/https://ir.doordash.com/governance/board-of-directors/person-details/default.aspx?ItemId=77536bfc-95d0-4cbf-b8d6-2c754b9613f8 |url-status=live }} Xu is a board member of the Silicon Valley Chinese Association Foundation and an executive council member of TechNet.{{cite news |last1=Jun |first1=Chang |title=Asian-Americans aiming to make impact on Election Day |url=http://usa.chinadaily.com.cn/us/2014-10/20/content_18770653.htm |access-date=August 5, 2021 |work=China Daily |date=October 20, 2014 |archive-date=July 28, 2021 |archive-url=https://web.archive.org/web/20210728153648/http://usa.chinadaily.com.cn/us/2014-10/20/content_18770653.htm |url-status=live }}{{cite web |title=Silicon Valley Chinese Association Foundation Board Directors |url=https://www.svcaf.org/board-of-directors/ |publisher=Silicon Valley Chinese Association Foundation |access-date=August 5, 2021 |archive-date=January 14, 2022 |archive-url=https://web.archive.org/web/20220114051401/https://www.svcaf.org/board-of-directors/ |url-status=live }}{{cite web |title=Executive Council: Tony Xu |url=http://technet.org/executive-council/tony-xu |publisher=TechNet |access-date=August 5, 2021 |archive-date=January 14, 2022 |archive-url=https://web.archive.org/web/20220114041402/http://technet.org/executive-council/tony-xu |url-status=live }}

In January 2022, Tony Xu joined the board directors of Meta Platforms.{{cite web|url=https://www.prnewswire.com/news-releases/tony-xu-joins-meta-board-of-directors-301458782.html|title=Tony Xu Joins Meta Board of Directors|website=PR Newswire|date=January 11, 2022|access-date=August 16, 2022}}

Xu has invested in the blockchain technology provider Alchemy,{{cite news |last1=Leising |first1=Matthew |title=Alchemy Adds Vikram Pandit, Jeffrey Katzenberg as New Investors |url=https://www.bloomberg.com/news/articles/2021-08-04/alchemy-adds-vikram-pandit-jeffrey-katzenberg-as-new-investors |access-date=August 5, 2021 |publisher=Bloomberg News |date=August 4, 2021 |archive-date=January 14, 2022 |archive-url=https://web.archive.org/web/20220114041459/https://www.bloomberg.com/news/articles/2021-08-04/alchemy-adds-vikram-pandit-jeffrey-katzenberg-as-new-investors |url-status=live }} as well as the ghost kitchens All Day Kitchens and Local Kitchens.{{cite journal |last1=Barreira |first1=Alex |title=S.F. ghost kitchen startup debuts with a new name, new market and $20 million in new funding |journal=San Francisco Business Times |date=May 14, 2021 |url=https://www.bizjournals.com/sanfrancisco/news/2021/05/14/ghost-kitchen-all-day-vc-funding-expand-delivery.html |access-date=August 5, 2021 |archive-date=May 14, 2021 |archive-url=https://web.archive.org/web/20210514220328/https://www.bizjournals.com/sanfrancisco/news/2021/05/14/ghost-kitchen-all-day-vc-funding-expand-delivery.html |url-status=live }}{{cite news |last1=Forman |first1=Laura |title=Ghost Kitchens Will Keep Appearing on Your Delivery App, Even as the Pandemic Eases |url=https://www.wsj.com/articles/ghost-kitchens-will-keep-appearing-on-your-delivery-app-even-as-the-pandemic-eases-11617355814 |access-date=August 5, 2021 |work=The Wall Street Journal |date=April 2, 2021 |publisher=News Corp |issn=0099-9660 |oclc=781541372 |archive-date=January 14, 2022 |archive-url=https://web.archive.org/web/20220114041350/https://www.wsj.com/articles/ghost-kitchens-will-keep-appearing-on-your-delivery-app-even-as-the-pandemic-eases-11617355814 |url-status=live }}{{cite news |last1=Luna |first1=Nancy |title=Delivery's richest CEO Tony Xu has been quietly funding 2 ghost kitchens built by Uber Eats and DoorDash alums — and his bets reveal the next big trend in the industry, experts say |url=https://www.businessinsider.com/doordash-ceo-tony-xu-is-using-his-personal-wealth-to-back-ghost-kitchens-2021-7 |access-date=August 5, 2021 |work=Business Insider |date=July 9, 2021 |url-access=subscription |archive-date=January 14, 2022 |archive-url=https://web.archive.org/web/20220114041351/https://www.businessinsider.com/doordash-ceo-tony-xu-is-using-his-personal-wealth-to-back-ghost-kitchens-2021-7 |url-status=live }}

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.

• {{cite web|author=Allana Akhtar|url= https://www.businessinsider.com/doordash-youtube-facebook-execs-donate-10-million-to-aapi-2021-3|title=Asian American executives at DoorDash, YouTube, Facebook donated $10 million to support the AAPI community|website=Business Insider|date=March 31, 2021|access-date=August 16, 2022}}
• {{cite web|url=https://engineering.berkeley.edu/research-and-faculty/faculty/endowed-chairs-and-distinguished-professorships/|title=Endowed chairs and distinguished professorships|website=Berkeley Engineering|access-date=August 16, 2022}}
• {{cite web|url=https://news.northwestern.edu/stories/2022/06/multimillion-dollar-gift-to-advance-study-of-human-computer-interaction/|title=Multimillion dollar gift to advance study of human computer interaction|website=Northwestern Now|date=June 7, 2022}}
• {{cite web|url=https://givingpledge.org/pledger?pledgerId=432|title= Patti Bao and Tony Xu|website=The Giving Pledge}}
• {{cite web|url=https://givingpledge.org/pressrelease?date=12.14.2021|title= The Giving Pledge Welcomes 14 New Signatories|website=Giving Pledge|date=December 14, 2021}}

Xu lives in San Francisco.{{cite web |last1=Batey |first1=Eve |title=Doordash's Founders Are Billionaires Now |url=https://sf.eater.com/2020/12/10/22168300/doordash-original-joes |website=Eater San Francisco |access-date=August 5, 2021 |date=December 10, 2020 |archive-date=January 15, 2022 |archive-url=https://web.archive.org/web/20220115063156/https://sf.eater.com/2020/12/10/22168300/doordash-original-joes |url-status=live }} He and his wife Patti met at church while they were undergraduates at Berkeley and married in 2013; the couple have two children.{{cite podcast

| url=https://www.thetwentyminutevc.com/tony-xu/

| title=20VC: DoorDash CEO Tony Xu on The Art of Great Leadership Today, Why The Best Give All of the Credit and Take All of the Blame & How DoorDash Have Won The Best Talent Against the Toughest Competition

| website=The Twenty Minute VC

| publisher=

| host=Harry Stebbings

| date=June 7, 2021

| time=7:40

| access-date=August 6, 2021

| archive-date=January 15, 2022

| archive-url=https://web.archive.org/web/20220115062730/https://www.thetwentyminutevc.com/tony-xu/

| url-status=live

}}

Xu enjoys running and used to participate in marathons. He has described himself as an "avid" Golden State Warriors and basketball fan,{{cite journal |last1=Cohen |first1=David |title=DoorDash Becomes Official On-Demand Delivery Platform of NBA, WNBA, NBA 2K League |journal=Adweek |date=August 17, 2020 |publisher=Shamrock Holdings |url=https://www.adweek.com/brand-marketing/doordash-becomes-official-on-demand-delivery-platform-of-nba-wnba-nba-2k-league/ |access-date=August 6, 2021 |issn=0199-2864 |archive-date=January 14, 2022 |archive-url=https://web.archive.org/web/20220114044353/https://www.adweek.com/brand-marketing/doordash-becomes-official-on-demand-delivery-platform-of-nba-wnba-nba-2k-league/ |url-status=live }}{{cite journal |last1=Givens |first1=Dana |title=DoorDash Becomes First-Ever On-Demand Delivery Platform of the NBA, WNBA and NBA 2K League |journal=Black Enterprise |date=August 17, 2020 |url=https://www.blackenterprise.com/doordash-becomes-first-ever-on-demand-delivery-platform-of-the-nba-wnba-and-nba-2k-league/ |access-date=August 6, 2021 |issn=0006-4165 |archive-date=January 22, 2022 |archive-url=https://web.archive.org/web/20220122002400/https://www.blackenterprise.com/doordash-becomes-first-ever-on-demand-delivery-platform-of-the-nba-wnba-and-nba-2k-league/ |url-status=live }} and has credited the sport and television for helping him learn English. {{cite podcast

| url=https://series-a-with-keith-rabois.simplecast.com/episodes/doordash-ceo-tony-xu-p5PbXOtc

| title=Doordash CEO Tony Xu

| website=Series A with Keith Rabois

| publisher=

| host=Keith Rabois

| date=May 25, 2021

| time=13:51

| access-date=August 6, 2021

| archive-date=January 14, 2022

| archive-url=https://web.archive.org/web/20220114041500/https://series-a-with-keith-rabois.simplecast.com/episodes/doordash-ceo-tony-xu-p5PbXOtc

| url-status=live

}}

• {{Cite news|url=https://www.businessinsider.com/prop-22-freelance-uber-door-dash-economy-gig-workers-2020-11|title=Building the future of work, right now|first=Tony|last=Xu|work=Business Insider|date=November 29, 2020}}

{{Reflist}}

• [https://www.bloomberg.com/profile/person/20536033 Tony Xu] at Bloomberg News
• {{Cite news|url=https://www.npr.org/2018/11/09/666295686/doordash-tony-xu|title=DoorDash: Tony Xu|date=November 12, 2018|publisher=NPR}}
• {{Cite web|url=https://www.vox.com/2019/1/9/18174556/doordash-tony-xu-christopher-payne-food-delivery-shopping-recode-decode-kara-swisher-podcast|title=Full Q&A: DoorDash CEO Tony Xu and COO Christopher Payne on Recode Decode|first=Eric|last=Johnson|date=January 9, 2019|work=Recode}}
• {{Cite news|url=https://www.wsj.com/video/series/in-the-elevator-with/in-the-elevator-with-doordash-ceo-tony-xu/BD1F9002-8B72-4C49-ACC6-ACB2DD3755E3|title=In the Elevator With DoorDash CEO Tony Xu|first=Joanna|last=Stern|date=December 13, 2019|work=The Wall Street Journal}}
• {{YouTube|id=5TidMV_ux_4|title=Tony Xu, MBA '13, Cofounder and CEO, DoorDash}}, February 12, 2021, Stanford Graduate School of Business

{{DEFAULTSORT:Xu, Tony}}

Category:1980s births

Category:Living people

Category:American billionaires

Category:American chief executives of food industry companies

Category:Chinese emigrants to the United States

Category:EBay employees

Category:McKinsey & Company people

Category:PayPal people

Category:People from Champaign, Illinois

Category:People from Nanjing

Category:Businesspeople from San Francisco

Category:Stanford University alumni

Category:UC Berkeley College of Engineering alumni

Category:University of California, Berkeley alumni