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1916
In the world today
Tony Xu

Tony Xu

T. Xu
0.05% | + $1.13M
$2.17 B ₹ 19,742 Cr
Real Time Net Worth #1916 Ranking as of 21 Feb 2026 By Forbes

More on Tony Xu

Gender

Male

Age

41Y

Country

United States

Born On

January, 1985

Deceased

No

Relationship Status

Married

Children

2

Education

University Of California, Berkeley - BS In Industrial Engineering

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Food Delivery)

Primary Organization

DoorDash

Titles

Co-Founder & CEO

Sources of Wealth

DoorDash

Industry

Technology, Food Delivery, Logistics, E-Commerce

About Tony Xu


T ony Xu is a Chinese-American billionaire and the co-founder and chief executive officer of DoorDash, the largest food delivery company in the United States. Born in Nanjing, China, he immigrated to the U.S. with his family at the age of five. His mother, who had been a doctor in China, worked three jobs a day for years, including as a server at a Chinese restaurant, an experience that would later inspire his entrepreneurial vision. In 2013, while studying for his MBA at Stanford's Graduate School of Business, he and his classmates Stanley Tang, Andy Fang, and Evan Moore founded the company.

As CEO, Xu has been the driving force behind DoorDash's aggressive and highly successful growth strategy. He built a complex, three-sided marketplace connecting restaurants, delivery drivers (or 'Dashers'), and consumers, and led the company to become the clear market leader in the intensely competitive U.S. food delivery space. He successfully guided DoorDash through a massive initial public offering on the New York Stock Exchange in 2020. He has since expanded the company's focus beyond restaurants into the delivery of groceries, convenience items, and other retail goods.

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Quick Reads


  • Co-founder and CEO of the food delivery giant DoorDash.
  • Born in China, he immigrated to the U.S. at age five.
  • Founded DoorDash in 2013 with three fellow Stanford students.
  • Led the company to become the market leader in the U.S. food delivery industry.
  • Took the company public in a massive IPO in 2020.

Early Life and Background


Tony Xu is a Chinese-American businessman, the self-made billionaire Co-founder and CEO of DoorDash, Inc. (NASDAQ: DASH), the dominant global food delivery and logistics platform. His career is rooted in elite technology, software development, and entrepreneurial disruption.

Xu holds a B.S. in Industrial Engineering and Operations Research from the University of California, Berkeley (UC Berkeley) and an MBA from Stanford Graduate School of Business (GSB). His philosophical approach centers on technological excellence, scale efficiency, and long-term commitment to on-demand local commerce (pioneering the modern logistics platform for local business). He co-founded DoorDash in 2013 with his partners, Andy Fang, Stanley Tang, and Evan Moore.

  • DoorDash, Inc. (Co-founder & CEO): The core publicly traded asset, the dominant global food delivery and logistics platform.
  • Technology Pioneer: His success is built on scale software development and dominating the domestic market for on-demand local commerce logistics.
  • Academic Background: He holds an MBA from Stanford GSB and a B.S. from UC Berkeley.
  • Investment Strategy: His philosophy is rooted in long-term investment in platform technology and leveraging the massive global shift to on-demand convenience.

Career Journey of Tony Xu


Tony Xu's strategic genius was his commitment to operationalizing logistics. He co-founded DoorDash in 2013 (initially called PaloAltoDelivery.com), recognizing the structural need for a logistics network that could handle the complexity of local restaurant delivery. His structural contribution is immense: pioneering the scale, decentralized logistics model that transformed the global food service and convenience sectors.

The company successfully executed its IPO on the NASDAQ in 2020. He remains CEO, guiding the company's continuous expansion and technological innovation. His wealth is secured by the colossal, long-term, stable profitability of the global logistics and technology platform sector.

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Tony Xu's Timeline


2013:

Co-founds DoorDash (Founding).

2020 (December):

DoorDash executes its successful IPO on the NASDAQ (Financial Milestone).

Ongoing:

Continues as Co-founder and CEO, guiding the global logistics giant (Executive Oversight).

Major Business Ventures and Investments


Tony Xu's wealth is concentrated in his founding equity and continued executive leadership of the publicly traded technology giant, DoorDash, Inc. (NASDAQ: DASH), and his private investments.

  • DoorDash, Inc. (Co-founder & CEO): The core publicly traded asset, the dominant global food delivery and logistics platform.
  • Technology Pioneer: His success is built on scale software development and dominating the domestic market for on-demand local commerce logistics.
  • Academic Background: He holds an MBA from Stanford GSB and a B.S. from UC Berkeley.
  • Investment Strategy: His philosophy is rooted in long-term investment in platform technology and leveraging the massive global shift to on-demand convenience.

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Philanthropy and Social Impact


Tony Xu's social impact stems from DoorDash's role in providing essential logistical infrastructure that supports thousands of local restaurants and creates flexible work opportunities for millions of dashers globally. His personal philanthropy supports various community and educational initiatives, often focused on technology access and economic empowerment.

His personal philanthropy supports various community and educational initiatives.

Fashion, Style, and Lifestyle


Tony Xu maintains the professional, composed style of a technology executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and stability, typical of a pioneer in the specialized software sector.

Residing in San Francisco, California, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to technology innovation, strategic management, and logistics mastery.

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Quotes and Philosophy


“We started DoorDash to empower local economies and to enable every merchant to build their presence online.”

Fun Facts & Trivia


  • He is the Co-founder and CEO of DoorDash (food delivery and logistics).
  • He holds an MBA from Stanford GSB and a B.S. from UC Berkeley.
  • DoorDash is the dominant food delivery platform in the U.S.
  • His fortune is tied to the successful monetization and scale of the on-demand logistics sector.
  • He immigrated to the U.S. from China at the age of five.
  • His philosophy emphasizes customer experience and operational efficiency.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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