Tony Xu net worth 2021: You might be wondering how much is Tony Xu worth? Read on, we’ll be taking you through the biography and net worth of Tony Xu.
Who is Tony Xu and How Much is He Worth?
Age: 36
Source of Wealth: Doordash
Country: United States
Net Worth: $3.3 billion
Tony Xu is a Chinese-American billionaire and the co-founder and CEO of DoorDash, a food delivery app. He co-founded the company with Evan Moore, Andy Fang and Stanley Tang in 2013. Xu became a billionaire after Doordash has its IPO in December 2020.
Prior to co-founding DoorDash in 2013, Mr Xu had previously worked for Square, eBay and McKinsey. Xu owns about 4.6% shares in DoorDash.
Early Life
Xu was born in 1985 in China and moved to the United States at age 5 with his parents. His mom was a doctor in China. However, due to her inability to practice in the United States, she worked as a server at a local Chinese restaurant. She later opened acupuncture and medical clinic in Champaign, Illinois.
Xu graduated with a bachelor’s degree in Industrial Engineering and Operations Research from the University of California, Berkeley and an MBA from Stanford Graduate School of Business.
His company Doordash grew out of a business school project he started at Stanford University in 2013. Mr Xu is married to his wife, Patti and together they have a daughter, Olivia.
How Did Tony Xu Make his Fortune?
Tony Xu made his fortune through his food delivery company, Doordash. He holds 4.6% shares in the company and sits as the CEO. The company has grown to become America’s largest food delivery service. The company serves 18 million customers with 390,000 restaurants and other merchants like CVS.
Tony Xu became a billionaire in 2020 after Doordash’s IPO in December 2020. Xu has also worked with companies such as Square, eBay and McKinsey.
What is Tony Xu Net Worth?
Tony Xu has an estimated net worth of $3.3 billion. Most of his earnings come from Doordash, a food delivery company he co-founded in 2013. In 2020, Tony Xu was the highest-paid CEO in the Greater Bay Area.
Summary
Tony Xu is a Chinese-American billionaire with an estimated net worth of $3.3 billion. He is the CEO and co-founder of the food delivery app, DoorDash. He is married to his wife, Patti and together they have a daughter, Olivia.
