Tony Xu occupation businessperson
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 immigrated to the United States with his parents at the age of four. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. Earlier in his career, Xu interned at Square, Inc., and worked for McKinsey & Company, eBay, and PayPal. He was included in Fortune's "40 Under 40" list in 2020.
DoorDash had its IPO in December 2020 making Xu's net worth an estimated $2.8 billion as of April 2021. He and his wife Patti are signatories to the Giving Pledge.Career
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.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, 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.In 2020, Xu was included in Fortune's "40 Under 40" list.
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