Tony Xu
- Net worth $1.9 billion
- Status -
- Country United States
- Source(-s) of wealth CEO, Entrepreneur
How much is Tony Xu Worth? Tony Xu Net Worth in 2026
Tony Xu’s net worth is estimated at $1.9 billion as of November 2026. The DoorDash cofounder owns about 9.9 million shares of the company, and all of them are super-voting Class B shares worth 20 votes each. His 2025 salary was $300,000, which is roughly what his stake gains or loses when DoorDash stock moves three cents.
| Net worth | $1.9 billion (our estimate, range $1.7 billion to $2.1 billion) |
|---|---|
| Estimated annual income | About $12 million in 2026 (our estimate: $11.5 million of stock sales plus salary) |
| Born | 1983 or 1984, Nanjing, China |
| Country | United States |
| Known for | Cofounder and CEO of DoorDash; guest shark on Shark Tank |
| Main income sources | DoorDash Class B shares and stock options |
How much is Tony Xu worth in 2026?
About $1.9 billion, by our estimate. Nearly all of it is DoorDash stock, which closed at $180.96 on November 9, 2026, market data show. A September 2026 Form 4 filed with the SEC lists his Class B shares across his own account and seven family trusts. Add the shares and the options he can exercise, take off what exercising them would cost, and the total lands just under $2 billion.
Adding up the $1.9 billion
| Source | Our estimate | What it rests on |
|---|---|---|
| DoorDash Class B shares | $1.79 billion | 9,914,964 shares held directly and through family trusts in a September 2026 Form 4, at $180.96. |
| Vested stock options | $120 million | 1,143,797 options left after a September 1, 2026 exercise, with an exercise price of $7.16 in Form 4 records. At $180.96 the spread is about $198.8 million. We take off 40% for the income tax due on exercise, our assumption, which leaves about $119 million. |
| Cash from 2026 stock sales | $7 million | He sold 50,001 shares at $230 in August and September 2026, about $11.5 million per Form 4 records. Less the $0.36 million exercise cost and 40% tax on the gain, our assumption, that leaves about $7 million. Earlier sales are not counted because we did not open records of them. |
| Unvested 2020 performance award | $0 | 9.34 million restricted shares that vest only if the stock holds at $265.80 or higher. It is far below that today. |
| Total | $1.92 billion | Rounded to $1.9 billion. |
Debts are not deducted. The September filing shows he moved 31,428 shares to a family trust to settle a promissory note. Whether he has borrowed against the stock elsewhere is not public.
The $4.7 billion award he has not earned
In November 2020, weeks before DoorDash went public, the board granted Xu 10,379,000 restricted shares that vest in nine slices, each tied to a stock price that must hold on a 180-day average. The first two slices, at $187.60 and $226.80, were met in 2025, according to the company’s 2026 proxy statement. The other 9,341,100 shares need prices from $265.80 to $501.
Our calculation shows what is at stake. At $501, the unvested shares alone would be worth 9,341,100 times $501, or about $4.68 billion, more than double everything he owns today. The next hurdle is 47% above the November 9 close. The window closes on November 23, 2027.
That award is also why his pay looks tiny on paper. The proxy reports total 2025 compensation of $431,864: a $300,000 salary and $131,864 in other compensation, with no new stock awards.
A $451 million paper loss in 2026
DoorDash closed 2025 at $226.48, the proxy says. Ten months later it was $45.52 lower. On his 9.91 million Class B shares, that slide cost about $451 million on paper, by our math, which is more than a thousand years of his salary. He sold 50,001 shares at $230 in August and September 2026, so at least that slice left at a price above today’s.
Control without a majority
His economic stake is small for a founder: the company had about 436 million shares outstanding in November 2026, so his roughly 9.9 million shares are about 2.3% of the total. Votes are a different matter. The proxy shows Xu with 24.0% of the voting power on his own and 55.5% once 14.6 million more Class B shares he votes under voting proxies, including cofounder Andy Fang’s, are added. That bloc was enough for holders of a majority of the vote to approve moving DoorDash’s incorporation from Delaware to Nevada by written consent on August 6, 2026, an information statement shows.
From dishwasher to guest shark
Xu was born Xu Xun in Nanjing and moved to the United States at four. His parents settled in Champaign, Illinois, in 1989, and he washed dishes at the restaurant where his mother worked, his biography notes. He studied industrial engineering at UC Berkeley, worked at McKinsey and on strategy for eBay and PayPal, then cofounded DoorDash in 2013 with Stanford classmates Fang, Tang and Evan Moore. The group had tested the idea a year earlier as PaloAltoDelivery.com.
DoorDash listed in December 2020. ABC brought him onto Shark Tank as a guest shark in season 14, episode 11, which ABC announced in January 2023. He and his wife, Patti, have signed the Giving Pledge, which means most of the figure above is promised to charity.
Why other estimates disagree
Public estimates move with the share price, so a figure taken at the end of 2025 runs about $450 million higher. Some also count his options at full value without subtracting the exercise cost, and a few appear to include unvested award shares he may never receive.
What would move the figure
Every $10 move in DoorDash stock changes his share holding by about $99 million. The big swing is the performance award: if the stock averages $265.80 for 180 days before November 23, 2027, another 1,037,900 shares vest, worth about $276 million at that price.
Tony Xu net worth FAQ
What is Tony Xu’s net worth?
We estimate $1.9 billion as of November 2026. About $1.79 billion of that is 9.9 million DoorDash Class B shares.
How much does Tony Xu make a year from DoorDash?
His 2025 pay was $431,864, including a $300,000 salary. Most of his cash comes from planned stock sales, such as 50,001 shares sold at $230 in August and September 2026.
How much of DoorDash does Tony Xu own?
About 2.3% of the shares but 55.5% of the voting power once the cofounder shares he votes are counted, according to the 2026 proxy.
Was Tony Xu on Shark Tank?
Yes. He made his first appearance as a guest shark in season 14, episode 11, which aired in January 2023.
What is the Tony Xu performance award?
A 2020 grant of 10,379,000 restricted shares that vest in nine slices at stock prices from $187.60 to $501. Two slices had vested by 2025.
How is his net worth estimated?
We value his shares at the November 9, 2026 close, add his vested options after an allowance for cost and tax, and add after-tax cash from his 2026 share sales.
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How we estimate net worth
Our estimates are based on public reporting, company valuations, and deal and earnings figures all compiled in an internal valuation model. They are approximate, and figures change over time as new information emerges.
Last updated: November 2026.
Photo: TechCrunch / Wikimedia Commons, CC BY 2.0, cropped