Tony Xu
Photo: TechCrunch, CC BY 2.0, via Wikimedia Commons

Tony Xu Net Worth

DoorDash cofounder and CEO
BillionaireTechBusiness
Estimated net worth
$1.8B
Source: Forbes Real-Time Billionaires, October 20, 2026. Updated October 21, 2026.

Tony Xu’s net worth over time

$2.8B: Forbes World's Billionaires List 2021 estimate, 2021$2.8B2021$1.3B: Forbes World's Billionaires List 2022 estimate, 2022$1.3B2022$2.1B: Forbes World's Billionaires List 2024 estimate, 2024$2.1B2024$2.2B: Forbes World's Billionaires List 2025 estimate, 2025$2.2B2025$1.7B: Forbes World's Billionaires List 2026 estimate, 2026$1.7B2026$1.8B: Forbes Real-Time Billionaires estimate, Oct 2026. Forbes real-time estimate$1.8BOct 2026

Only dates with a published estimate are shown. Nothing is filled in between. Tap or hover a bar to see the source.

See the numbers as a table
DateEstimateSource
2021$2.8 billionForbes World's Billionaires List 2021
2022$1.3 billionForbes World's Billionaires List 2022
2024$2.1 billionForbes World's Billionaires List 2024
2025$2.2 billionForbes World's Billionaires List 2025
2026$1.7 billionForbes World's Billionaires List 2026
Oct 2026$1.8 billionForbes Real-Time Billionaires · Forbes real-time estimate

Where the money comes from

food delivery service

These are the main sources of wealth named in the reporting we cite. No published source breaks the total into exact amounts, so we do not show percentages.

Tony Xu’s fortune in real-life terms

27,516 years
for the median full-time U.S. worker to earn this much, spending nothing
8,329×
the net worth of the typical U.S. family
0.2%
of Elon Musk's fortune, the biggest on Net Worth Lookup

Based on the Forbes Real-Time Billionaires estimate above. Median full-time U.S. pay is $65,416 a year ($1,258 a week, BLS, Q2 2026), before taxes. Typical (median) U.S. family net worth is $216,100 (Federal Reserve, 2025 Survey of Consumer Finances).

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Tony Xu has an estimated net worth of $1.8 billion, according to Forbes Real-Time Billionaires, Tony Xu profile (figures as of October 20, 2026). That is down from a peak of $2.8 billion.

Tony Xu is the cofounder and CEO of DoorDash, the food delivery company he started in 2013 with Stanford classmates Andy Fang, Evan Moore, and Stanley Tang. Before that, he worked at McKinsey & Company, eBay, and PayPal, and also interned at Square. He studied at the University of California, Berkeley, and later earned an MBA from Stanford. In 2020, Fortune included him on its 40 Under 40 list.

His wealth comes from DoorDash, which became a public company in 2020. Forbes says he became a billionaire after the IPO, and he owns 4.6% of the business plus options. Xu helped build DoorDash into America's largest food delivery service, reaching 390,000 restaurants and other merchants, including CVS. He remains the company's CEO, and Forbes put his net worth at $1.8 billion on its real-time billionaires tracker as of October 20, 2026.

How Tony Xu built his fortune

Xu made his money by building DoorDash into a major delivery platform. He and his cofounders first worked on PaloAltoDelivery.com in 2012, then launched DoorDash in 2013. In the early days, Xu and other employees handled deliveries themselves. The idea was shaped in part by his family's restaurant experience, especially his mother's work as a server. That background helped him focus on how local merchants and restaurants operate.

Today, DoorDash handles meals and other orders from 390,000 restaurants and merchants like CVS. Forbes says the company is America's largest food delivery service. Xu's stake is a key reason for his wealth, since he owns 4.6% plus options. He also stayed in charge as CEO while the business expanded. Earlier in his career, he built experience through jobs at McKinsey & Company, eBay, PayPal, and an internship at Square.

How Forbes' estimate changed

Forbes has shown big swings in Xu's fortune since DoorDash went public. After the 2020 IPO, Forbes valued him at $2.8 billion on the 2021 World's Billionaires List. The next year, that estimate fell to $1.3 billion. Later, Forbes raised the figure to $2.1 billion for 2024 and $2.2 billion for 2025. Those changes tracked the value of his DoorDash holdings and options.

By 2026, Forbes estimated Xu at $1.7 billion on the World's Billionaires List, and later $1.8 billion on its real-time tracker in October 2026. His wealth is closely tied to one company, so the estimate can move as DoorDash's market value changes. Forbes also classifies him as self-made and places him in the Technology industry, while identifying food delivery service as the business behind his fortune.

Career and money timeline

  1. 2012

    Xu and his future cofounders launched PaloAltoDelivery.com before starting DoorDash.

  2. 2013

    He cofounded DoorDash with Stanford classmates and became CEO.

  3. 2020

    DoorDash went public, and Fortune named Xu to its 40 Under 40 list.

  4. 2022

    He became an angel investor in the startup Gigs.

  5. 2026

    Forbes included Xu in its Self-Made 250 list.

Tony Xu net worth FAQ

What is Tony Xu's net worth?

Tony Xu's net worth is an estimated $1.8 billion, according to Forbes Real-Time Billionaires, Tony Xu profile (October 20, 2026). It is an estimate, not an official figure.

How did Tony Xu get so rich?

The main sources named in the reporting we cite are: food delivery service.

How has Tony Xu's net worth changed?

The earliest published estimate we track is $2.8 billion (2021, Forbes World's Billionaires List 2021). The latest is $1.8 billion (October 20, 2026).

What company made Tony Xu rich?

DoorDash is the main source of his wealth. Forbes ties his fortune to the food delivery service and his ownership stake plus options.

Is Tony Xu still the CEO of DoorDash?

Yes. He continues to lead the company as CEO.

Sources

  1. Forbes Real-Time Billionaires, Tony Xu profile (October 20, 2026)
  2. Forbes World's Billionaires List 2021, Tony Xu profile (April 6, 2021)
  3. Forbes World's Billionaires List 2022, Tony Xu profile (April 5, 2022)
  4. Forbes World's Billionaires List 2024, Tony Xu profile (April 2, 2024)
  5. Forbes World's Billionaires List 2025, Tony Xu profile (April 2025)
  6. Forbes World's Billionaires List 2026, Tony Xu profile (March 10, 2026)
  7. U.S. Bureau of Labor Statistics, Usual Weekly Earnings (Q2 2026) (July 2026)
  8. Federal Reserve, 2025 Survey of Consumer Finances (median family net worth, Table 4) (October 2026)
  9. Background facts: Wikipedia, Tony Xu (accessed October 21, 2026). Used for career facts only, never for figures.

Photo: TechCrunch, CC BY 2.0, via Wikimedia Commons.

Every number on this page is an estimate published by the source named next to it. We never fill in years with our own guesses. How we handle estimates.