Tony Xu

Tony Xu

$1.53 B

Ranked #2533 in World

About Tony Xu

Tony Xu, the Chinese-American billionaire and co-founder of DoorDash, is heralded for transitioning from a dish-washer in Illinois to Silicon Valley's elite, becoming a billionaire following DoorDash's IPO in 2020. Born in Nanjing, China, in 1983/1984 and immigrating to the US at four, Xu's journey saw him earning degrees from UC Berkeley and Stanford's Graduate School of Business, alongside interning at Square, Inc. and holding positions at McKinsey & Company, eBay, and PayPal. His leadership at DoorDash since its inception in 2013 alongside Stanford classmates has solidified his influence in the tech and business sectors, landing him on Fortune’s "40 Under 40" list in 2020. Residing in San Francisco with his family, Xu's remarkable path from an immigrant child to a tech magnate continues to inspire many in the finance and technology fields.

Born

September 20, 1984 in Nanjing, China

Age

41 years

Source Of Wealth

Food Delivery Service

Industries

Technology

Citizenship

United States

Residence

San Francisco, California

Education

Master of Business Administration, Stanford Graduate School of Business; Bachelor of Arts/Science, University of California, Berkeley

Spouse

Patti Xu

Children

2

Tony Xu, born Xu Xun in 1983 or 1984, is a Chinese-American billionaire businessman, co-founder, and CEO of DoorDash. He was born in Nanjing, China, and immigrated to the United States with his parents when he was four years old. His mother was a doctor in China and later opened acupuncture clinics in the US, while his father was a professor in China and studied aerospace engineering at the University of Illinois.

Xu worked at an early age, including washing dishes at his mother's restaurant. He legally changed his name from Xu Xun to Tony Xu, inspired by the TV series "Who's the Boss?"

Tony Xu: Family

Tony Xu is married to Patti, whom he met while attending church at Berkeley. They got married in 2013 and have two children together. The family resides in San Francisco.

Tony Xu: Career Highlights

After earning a BS in industrial engineering from UC Berkeley and an MBA from Stanford, Xu interned at Square, Inc. and RedLaser. He then worked as a business analyst for McKinsey & Company and a corporate strategy consultant for eBay and PayPal.

In 2013, Xu co-founded DoorDash with his Stanford classmates. He initially made deliveries himself and led the company's initial public offering (IPO) in December 2020, which made him a billionaire at the age of 36.

Tony Xu: Companies

Tony Xu is the co-founder and CEO of DoorDash, a food delivery platform that was founded in 2013. DoorDash went public in December 2020, making Xu a billionaire.

Xu also serves on the board of directors of the Silicon Valley Chinese Association Foundation and TechNet. In January 2022, he joined the board of directors of Meta Platforms (formerly Facebook).

Tony Xu: Major Achievements

Tony Xu's major achievements include co-founding DoorDash and leading the company to a successful IPO. He was included in Fortune's "40 Under 40" list in 2020.

Tony Xu: Awards & Achievements

Tony Xu has received numerous awards and recognitions for his contributions to the tech industry.

Some of his notable awards include:

  • Forbes 30 Under 30 (2017)
  • Fortune 40 Under 40 (2020)
  • Time 100 Next (2021)

Tony Xu: Personal Life & Legacy

Tony Xu is known for his dedication to his work and his passion for technology. He is also an avid runner and a big fan of the Golden State Warriors basketball team. He credits sports for helping him learn English when he first moved to the United States.

Xu and his wife Patti are signatories to the Giving Pledge, committing to donate the majority of their wealth to charitable causes. They have made significant donations to UC Berkeley, Northwestern University, and the Asian American and Pacific Islander (AAPI) community.

Tony Xu: Trivia

  • Tony Xu's favorite food is pizza.
  • He is fluent in both English and Mandarin.
  • Xu is a big fan of the TV show "Seinfeld."
  • He has invested in several startups, including blockchain provider Alchemy, ghost kitchens All Day Kitchens, and Local Kitchens.

Wealth History

Timeline

1983/1984

Tony Xu (born Xu Xun) was born in Nanjing, China.

1989

Tony Xu's parents immigrated to Champaign, Illinois.

2013

Tony Xu co-founded DoorDash with Stanford classmates.

2020

DoorDash had its initial public offering (IPO) in December, making Tony Xu a billionaire at age 36.

2022

Tony Xu joined Meta Platforms' board of directors in January.

Tony Xu : FAQs

What is Tony Xu's current net worth?

Tony Xu's current net worth is $1.53 billion.

What is Tony Xu's current global rank among billionaires?

Tony Xu holds the 2533rd position globally among billionaires.

What is Tony Xu's current ranking within the United States?

Tony Xu holds the 788th position in United States.

What was the change in Tony Xu's net worth compared to the previous year?

Tony Xu's net worth decreased by 1.22 billion dollars compared to the previous year 2025, when his net worth was 2.75 billion dollars.

What are Tony Xu's main sources of wealth?

Tony Xu's main source of income comes from Food Delivery Service.

In which industry does Tony Xu primarily operate?

Tony Xu is primarily involved in the Technology industry.

What is Tony Xu educational background?

Tony Xu holds a Master of Business Administration from Stanford Graduate School of Business and a Bachelor of Arts/Science from the University of California from Berkeley.

How old is Tony Xu?

Tony Xu is 41 years old.

Who is Tony Xu and what is he known for?

Tony Xu, born Xu Xun in 1983/1984 in Nanjing, China, is a Chinese-American billionaire businessman, best known as the co-founder and CEO of DoorDash, a popular food delivery service.

What is DoorDash and who founded it?

DoorDash is a food delivery service that was founded in 2013 by Tony Xu and his Stanford classmates. It went public in December 2020, significantly increasing Xu's wealth.

What inspired Tony Xu to change his name, and what are his academic credentials?

Inspired by the TV series "Who's the Boss?", Xu Xun legally changed his name to Tony Xu. He holds a BS in industrial engineering from UC Berkeley and an MBA from Stanford's Graduate School of Business.

Can you outline Tony Xu's career path before founding DoorDash?

Before founding DoorDash, Tony Xu interned at Square, Inc. and RedLaser, worked as a business analyst for McKinsey & Company, and served as a corporate strategy consultant for eBay and PayPal.

How does Tony Xu contribute to the community and his personal interests?

Tony Xu is an active board member of various organizations, has made significant donations to education and the AAPI community, and enjoys running and watching basketball, particularly the Golden State Warriors.
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