Andy Fang (born 1992)[1] is a Taiwanese-American billionaire Internet entrepreneur who co-founded the food delivery company DoorDash. As of December 2020, Forbes estimated his net worth at $2.2 billion.[1]

Early life and education

Fang was born in San Jose, California, as one of four children in a Taiwanese American family. His parents were immigrants from Taiwan.[2] He grew up in the San Francisco Bay Area, where he excelled academically at the Harker School, graduating in 2010.[3] Fang then attended Stanford University and graduated with his Bachelor of Science (B.S.) degree in computer science.[4] As a freshman undergraduate, he was roommates with Stanley Tang, with whom he built a social calendar app, and met Tony Xu in an engineering and business course.[2]

Career

While they were still students at Stanford, Fang, along with Stanley Tang and Tony Xu, founded DoorDash, a online food ordering and food delivery platform, in 2013.[5][6][7] When the company was founded, the three made DoorDash deliveries themselves.[8] From May 2013 to February 2019, Fang was the company's chief technology officer (CTO).[9]

DoorDash was conceived and initiated in 2013 as a class project for a joint Engineering and Business school class.[2] Initially named PaloAltoDelivery.com, the founders perceived that most local small businesses had not solved how to deliver food. Fang says "when you tried to get food delivered in Palo Alto, back in 2013, it was really only Domino's Pizza and the local Chinese restaurant."[2] DoorDash had its IPO in December 2020,[10][11] making Fang's net worth an estimated $2.2 billion as of December 2020.[1]

As of March 2025, Fang owns approximately 4% DoorDash shares and also serves as its head of consumer engineering.[12]

Personal life

Fang married Canadian professional tennis player Carol Zhao on July 20, 2024, at Belmond Villa San Michele in Florence, Italy. They were both undergraduates at Stanford.[13]

References

  1. ^ a b c Sorvino, Chloe. "DoorDash IPO Delivers Three Billionaires As Wall Street Ignores A Menu Of Losses". Forbes. Retrieved 2021-01-23.
  2. ^ a b c d Chen, Joanne (July 31, 2022). "American Dreamers: Andy Fang, Co-Founder Of DoorDash, On How A Class Project Turned Into A Massive Food-Delivery Service In America". Forbes. Retrieved 2024-03-24.
  3. ^ Bowes-Mokurl, Vikki (2018-12-20). "Dashing through life: DoorDash founder Andy Fang '10 – an alumni profile from Harker Magazine". Harker Magazine. Retrieved 2021-01-24.
  4. ^ "2015 30 Under 30: Consumer Technology". Forbes. Retrieved 2021-01-22.
  5. ^ Levy, Steven (2015-11-09). "DoorDash Wants to Own the Last Mile". Wired. Retrieved 2021-01-24.
  6. ^ "Goldhouse A100: Tony Xu, Andy Fang, Stanley Tang". Goldhouse. Retrieved 2021-01-24.
  7. ^ Manfredi, Lucas (2020-12-09). "DoorDash IPO turns CEO Tony Xu, co-founders Andy Fang, Stanley Tang into billionaires". FOXBusiness. Retrieved 2021-01-09.
  8. ^ Chea, Terry; Durbin, Dee-Ann (2023-06-28). "Your DoorDash driver? He's the company's co-founder". AP News. Associated Press. Retrieved 2025-03-02.
  9. ^ "DoorDash - Environmental, Social & Governance - Board of directors - Person Details". ir.doordash.com. Retrieved 2025-03-02.
  10. ^ Deagon, Brian (December 9, 2020). "Shares Of DoorDash IPO Jump By Double Digits As Trading Begins". Investor's Business Daily. Retrieved 2021-01-23.
  11. ^ Maloney, Tom (2020-12-09). "DoorDash Trio Worth Up to $2.8 Billion Each as IPO Soars". Bloomberg. Retrieved 2021-01-23.
  12. ^ "Profile: Andy Fang, Cofounder, DoorDash". Forbes. March 1, 2025. Retrieved 2025-03-02.
  13. ^ Macon, Alexandra (2024-08-23). "The Bride Wore Schiaparelli, Khaite, Alexander McQueen, and Elie Saab to Her Wedding in the Hills of Florence". Vogue. Retrieved 2025-03-11.


Allikas: http://en.wikipedia.org/wiki/Andy_Fang
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