Doordash Founders Net Worth (Updated 2025).

Tony Xu and Andy Fang, the co-founders of DoorDash, started their entrepreneurial journey while studying at Stanford University. In 2012, they noticed the inefficiency of food delivery services and saw an opportunity to improve the process. They began by running a small-scale food delivery service out of their dorm room, initially called Palo Alto Delivery.

As demand grew, Xu and Fang expanded their operation, eventually renaming it DoorDash in 2013. The company’s innovative approach to food delivery, which included features like real-time order tracking and a user-friendly app, quickly gained traction in the Silicon Valley area. Their success caught the attention of investors, leading to significant funding rounds that allowed DoorDash to expand its services nationwide.

Tony Xu’s Net Worth in 2025

As of 2025, Tony Xu, co-founder and CEO of DoorDash, has an estimated net worth of $12 billion. This significant increase from his initial wealth can be attributed to DoorDash’s growth and success in the food delivery market.

Tony Xu’s Career

Tony Xu co-founded DoorDash in 2013 with Stanford classmates Andy Fang and Stanley Tang. Prior to DoorDash, Xu worked at a hedge fund and Palantir Technologies. He led DoorDash through its early stages, navigating the competitive food delivery landscape and expanding the company’s reach.

Other Ventures

In addition to DoorDash, Tony Xu has invested in several other companies, including Instacart and Opendoor. He has also been involved in various philanthropic efforts, including donating to COVID-19 relief funds and supporting education initiatives.

Assets

Tony Xu’s primary asset is his stake in DoorDash, which went public in 2020. He also owns real estate in the San Francisco Bay Area. His wealth is primarily tied to the success of DoorDash, making his net worth closely linked to the company’s stock performance.

Annual Income

In 2021, Tony Xu’s total compensation from DoorDash was reported to be around $10 million, including his salary, stock awards, and other compensation. This figure can vary year to year based on the company’s performance and Xu’s role in its growth.

Frequently Asked Questions about  Doordash Founders

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Frequently Asked Questions about DoorDash Founders’ Net Worth

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1. Who are the founders of DoorDash?

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< paragraph>DoorDash was founded by Tony Xu, Andy Fang, and Stanley Tang in 2013. They are former Stanford University students who started the company as a side project.

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2. What is Tony Xu’s net worth?

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< paragraph>As of the latest estimates, Tony Xu’s net worth is around $2.5 billion.

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3. How about Andy Fang and Stanley Tang’s net worth?

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< paragraph>Andy Fang and Stanley Tang are also estimated to have a net worth of around $2.5 billion each, as of the latest estimates.

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4. How did they make their fortune?

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< paragraph>Xu, Fang, and Tang made their fortune by founding and growing DoorDash into one of the leading food delivery platforms in the United States and Canada.

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5. What is DoorDash’s market value?

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< paragraph>As of the latest data, DoorDash’s market value is around $72 billion.

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6. When did DoorDash go public?

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< paragraph>DoorDash had its initial public offering (IPO) on December 9, 2020.

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7. How much did DoorDash raise in its IPO?

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< paragraph>In its IPO, DoorDash raised around $3.4 billion by selling 33 million shares at $102 each.

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8. What is DoorDash’s revenue?

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< paragraph>DoorDash’s revenue in 2020 was around $2.9 billion, more than double the $1.4 billion it made in 2019.

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9. How many employees does DoorDash have?

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< paragraph>As of 2021, DoorDash has over 5,000 employees.

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10. What is DoorDash’s mission?

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< paragraph>DoorDash’s mission is to “empower local economies by connecting people with the things they need and love.”