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The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. He is from the Bay Area and has his BS in Computer Science from Stanford. Wang inherited a stake worth more than $1.3 billion in CNNC Hua Yuan Titanium Dioxide Co., which trades on the Shenzhen stock exchange. Doordash itself has received accolades, including being named to the Forbes Cloud 100 list and being recognized as one of the fastest-growing companies in the United States. The program, as per DoorDashs website, allows employees to look deeper into how the products we build empower local economies, which in turn helps us build a better platform.. Search SEC filings . The IPO pricing was set to value DoorDash at somewhere between $23 billion and $32 billion. The Vegas Golden Knights victory parade was another celebration of winning the Stanley Cup as fans celebrated along Las Vegas Blvd. The estimated Net Worth of Stanley Tang is at least $17.7 Million dollars as of 22 August 2022. 2023 Celebrity Net Worth / All Rights Reserved. We had to. Source: Vaping device company Smoore International Holdings. Learn More on Stanley Tang's contact information. of Stanley Tang (born 1992) is a Hong Kong billionaire tech entrepreneur. Stanley Tang Net Worth The estimated Net Worth of Stanley Tang is at least DoorDash Inc stock worth over $2,543,036 and over the last 2 years he sold DASH stock worth over . More from NextShark: Kakao raided over SM Entertainment stock manipulation allegations, But hes not always alone he sometimes delivers with Xu and Tang. Fang and Tang are the founders of DoorDash, which went public in December after seeing an enormous increase in customers during the pandemic. Food delivery app Door Dash made its market debut as a public company today. Not surprisingly, he is one of just a handful of billionaires to ever debut in the ranks while still a teenager. In conclusion, Stanley Tangs net worth in 2023 reflects the culmination of his entrepreneurial efforts and successes. The others include Andy Fang and Stanley Tang, both 28, who joined the three comma club after the food delivery service that they founded in 2013, DoorDash, went public in December. Whats Next For NHL Expansion After Vegas Golden Knights Stanley Cup? FTX, a crypto derivative exchange, has proven to be particularly lucrative. Enjoy a 7-Day Free Trial Thru Jul 08, 2023! As of 7 June 2023 he still owns at least 141,128 units of DoorDash Inc stock. Jonathan and his older brother, Geoffrey, 35, each inherited from their late father Walter Kwok (d. 2018) a portion of his stake in Hong Kong property developer Sun Hung Kai Properties. Learn More about Stanley Tang's net worth. Learn More on DoorDash's active insiders. He pursued a degree in computer science at Stanford University, where he met his future DoorDash co-founders Tony Xu, Andy Fang, and Evan Moore. According to the SEC Form 4 filings, Stanley Tang has made a total of As of March 5, Forbes estimated his equity in the company was worth nearly $2 billion, while his FTX tokens were worth more than $5.6 billion. Fang said they started employee program WeDash to make sure that all of the company's workers understand what others are going through. The Vegas Golden Knights Win The 2023 Stanley Cup, Why You Should Consider A Chief Growth Officer In 2023 And Beyond, Morgan Stanley Severing Ties With Crispin Odey After Renewed Sexual Assault Claims Against Hedge Fund Manager, Reports Say, Morgan Stanley Says S&P 500 Will Slide 9% By Year's End--But These Stocks Could Weather The Storm, Stanley Cup Finals 2023 Odds, Picks And Player Profiles For Golden Knights-Panthers, Gary Bettman Says Best Thing I Get To Do Is Award Stanley Cup, Morgan Stanley CEO Announces Retirement, Sparks Questions Over Succession, Q.ai - Powering a Personal Wealth Movement, Morgan Stanley Considers More Layoffs As Banking Worry Continues. Mr. Tang owns 48,128 shares of DoorDash stock worth more than $3,513,825 as of June 21st. The shares were sold at an average price of $70.41, for a transaction totalling $6,548,130.00. Needless to say, those investments did very, very well. Mr Tang owns over 13,965 units of DoorDash Inc stock worth over $3,119,834 and over the last 2 years he sold DASH stock worth over $15,861,620. That's more than double what sales were for the same time period in 2019. Their father, Johan, still runs the business. Mr Tang owns over 186,000 units of DoorDash Inc stock worth over $10,576,132 and over the last 3 years he sold DASH stock worth over $16,167,790. From the red hot IPOs of DoorDash and Luminar to healthcare and biotech surges to education-related companies helping navigate the new world of online schools, these new billionaires are at the forefront of their industries. The corporate mailing address for Mr. Tang and other DoorDash executives is , , . Source of wealth: Food delivery app. After the tremendous success of the Vegas Golden Knights and the Seattle Kraken, more expansion makes sense for the NHL. The company trades on the Shenzhen stock exchange. Chief Financial Officer Ravi Inukonda It's also worth noting once again that even the richest multi-billionaires in the world saw their fortunes skyrocket in 2020. The physical play got more heated in the closing minutes, and suspensions may be forthcoming. Door Dash is backed by SoftBank's Vision Fund, Sequoia, and the private equity branch of the government of Singapore. He co-founded Doordashs mobile app, which is now one of the largest food delivery platforms in the United States. Track performance, allocation, dividends, and risks . The family moved to the San Francisco Bay area where his mom opened another acupuncture and medical clinic. Kevin David Lehmann Net Worth: $3.3 billion. Submit a correction suggestion and help us fix it! If you like this, then please share it with your friends. Source: Education technologycompany Byju's. DoorDash's insider roster includes Prabir Adarkar (CFO), Shona Brown (Director), Andy Fang (Director), Ravi Inukonda (CFO), Gordon Lee (CAO), Alfred Lin (Director), Stanley Meresman (Director), Christopher Payne (COO), Tia Sherringham (General Counsel), Stanley Tang (Director), Tony Xu (CEO), and Keith Yandell (Insider). Xu is the CEO of Door Dash. Stanley Cup champs, odds. With people stuck at home during the coronavirus pandemic, DoorDash's revenue skyrocketed. Insiders at DoorDash own 9.6% of the company. Gurus may be added or dropped from the GuruFocus site at any time. Kanye West announces McDonalds collab with Muji designer Naoto Fukasawa after Instagram wipe, Padma Lakshmi announces departure from Top Chef after 17 years. Stanley Tang and three other co-founders, Andy Fang, Evan Moore, and Tony Xu, came up with the idea for Doordash while they were all students at Stanford University. If you want to know about him, check out our website WCnetworth.com for more information. Russell founded self-driving car company Luminar Technologies when he was 17. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. However, the project did not work out as expected. MIT grad and former Wall Street trader Sam Bankman-Fried, 29, who founded and runs two crypto firms, Alameda Research and FTX, is by far the wealthiest twenty-something, with a net worth of $8.7 billion. What his roles are: Fang, whose estimated net worth is at $1.1 billion, is one of DoorDash's co-founders, alongside Tony Xu and Stanley Tang. As of this writing the company has a market cap of $46 billion. In addition, he makes 0$ as Head of DoorDash Labs & Director at DoorDash Inc. Most recently, Stanley Tang sold 93,000 shares of the business's stock in a transaction on Thursday, June 8th. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. You can see the complete history of Mr Tang stock trades at the bottom of the page. Rapper Kanye Westofficially became a billionaire thanks to his Yeezy deal with Adidas and the immense popularity of his sneakers. He founded the company in 2000, took it public in 2016, and has a $1.7 billion net worth today thanks to a contactless delivery method he put in place when the coronavirus pandemic broke out. Address: No. . Following the completion of the sale, the director now directly owns 48,128 shares of the company's stock, valued at $3,388,692.48. Details can be seen in Stanley Tang's Latest Holdings Summary section. Just four of them are self-made, including Austin Russell, Andy Fang, and Stanley Tang. The program started in 2015, but Fang and his co-founders have actually been making deliveries themselves while they were still students at Stanford. Altogether Forbes found just ten billionaires under the age 30the same number as a year ago, despite the fact that the number of total billionaires increased by a net of 660 to 2,755. Lehmann is now the worlds youngest billionaire after he officially inherited his fathers 50% stake in German drugstore chain drogerie markt. This net worth approximation does not reflect any other investments that Mr. Tang may own. Save my name, email, and website in this browser for the next time I comment. In 2019, the company's net loss was $667 million. #5. Fundamental company data provided by Morningstar, updated daily. Tangs passion for technology began at a young age. DoorDash's last funding round before going public raised $400 million in operating capital and valued the startup at $16 billion. DoorDash is worth more than $71 billion at closing price. He. He also enjoys traveling and exploring new places around the world. This gives the U.S. 659 billionaires. DoorDash Inc (DASH) More Galleries From Forbes. By the age of 14, he had developed a keen interest in internet marketing. Over the past 18 months, Other transactions such as conversion of derivative security or exercise of options are not included. DoorDash's Tony Xu, Stanley Tang, and Andy Fang all joined the billionaire's club on December 9, when their company made its IPO on the New York Stock Exchange and saw shares climb to $189 from the IPO price of $102. 99% Net worth score Disclamer: Stanley Tang net worth displayed here are calculated based on a combination social factors. Marchs; Outils Portefeuilles. The brothers were raised in northern Russia. Your email address will not be published. On average, DoorDash Inc executives and independent directors trade stock every 4 days with the average trade being worth of $15,279,033. Stock quotes provided by InterActive Data. The current estimated net worth of Doordash, Inc's Director, Stanley Tang, is estimated to be about $153.48M .Stanley Tang owns about 48,128 units of Doordash . Mrkte; Werkzeuge Portfolios. You might contact Stanley Tang via mailing address: C/o Doordash, Inc., 303 2nd Street, South Tower, 8th Floor, San Francisco Ca 94107. Wang inherited a $1.3 billion stake in CNNC Hua Yuan Titanium Dioxide Co, which produces titanium dioxide pigment, a white pigment used in plastics, coatings, ink, and other materials. #4. Read more from NextShark! Golden Knights Celebrate 2023 Stanley Cup Victory In Style With Parade Down Las Vegas Strip, Bruce Cassidy Redeems Himself As The Golden Knights Deliver The Stanley Cup In Year 6, Golden Knights Overcome Odds To Capture 2023 Stanley Cup In Vegas, Jackpot! The most active insiders traders include L John Doerr, Fast (Cayman) Ltd Sb Invest, and Private Ltd Gic Special Inv. He officially inherited his father's 50% stake in the family's chain of drug stores on his 18th birthday. Grub Hub and Seamless merged in 2013 and GrubHub was bought by Just Eat Takeaway.com for $7.3 billion earlier this year. Past performance is a poor indicator of future performance. They were not necessarily expected to become billionaires with the IPO based on Wall Street expectations. Stanley Tang Net Worth The estimated Net Worth of Stanley Tang is at least DoorDash Inc stock worth over $10,213,433 and over the last 3 years he . He then started property developer Empire Group Holdings, which Jonathan and Geoffrey now run. Stanley Tang is an entrepreneur and investor. "DoorDash IPO turns CEO Tony Xu, co-founders Andy Fang, Stanley Tang into billionaires", "Shares Of DoorDash IPO Jump By Double Digits As Trading Begins", "DoorDash Trio Worth Up to $2.8 Billion Each as IPO Soars", "DoorDash IPO Delivers Three Billionaires As Wall Street Ignores A Menu Of Losses", "Goldhouse A100: Tony Xu, Andy Fang, Stanley Tang", https://en.wikipedia.org/w/index.php?title=Stanley_Tang&oldid=1161175110, Creative Commons Attribution-ShareAlike License 4.0, This page was last edited on 21 June 2023, at 03:44. and The company's games are free. In 2007, Alexandra and Katharina's father, Johan Andresen, transferred his shares ofFerd Holdings, Norway's biggest company, to his daughters. In one recent order, he reportedly realized that DoorDashs app had sent him to the wrong restaurant, so he promised to make a fix. He has also been recognized by Forbes on their 30 Under 30 Consumer Technology list in 2015 and their 1580 Billionaires list in 2021. of 1,546,040 shares. Its sensors now help self-driving cars of such customers as Volvo, Toyota and Intels Mobileye see in 3D. Stanley Tang Net Worth The estimated Net Worth of Stanley Tang is at least DoorDash Inc stock worth over $1,775,220 and over the last 2 years he sold DASH . Based on ownership reports from SEC filings, as the reporting owner, Stanley Tang owns 1 companies in total, including Taylor Swift's net worth is now reportedly upwards of $740 million, making her the second richest woman in music (behind Rihanna) according to Forbes. Fang makes deliveries for at least an hour each month, according to the, But hes not always alone he sometimes delivers with Xu and Tang. He previously served as our Chief Product Officer from May 2013 to November 2017. Most recently he exercised 186,000 units of DASH stock worth $37,200 on 20 March 2023. ; . Other key executives at DoorDash Inc include 5) Stanley Tang: Net Worth: $2 Billion Age: 28 Source of Wealth: DoorDash COUNTRY: UNITED STATES The estimated Net Worth of Stanley Tang is at least $19 milli dollars as of 18 November 2022. Contact Us. Stanley Tang, from . Stanley Tang Net Worth. What his roles are: Fang, whose estimated net worth is at $1.1 billion, is one of DoorDash's co-founders, alongside Tony Xu and Stanley Tang. of 1,031,121. For instance, he has a genuine professional modeling contract with Next Models Worldwide in his native Norway. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. This net worth approximation does not reflect any other investments that Mr. Tang may own. Jeff Bezos, Elon Musk, and Bill Gates have all seen their net worths increase by insane amounts. 10 percent owner Sequoia Capital Fund, L.p. sale DoorDash co-founders Andy Fang and Stanley Tang each own 4.2% of the company. Stanley Tang is one of our co-founders and has served as Head of DoorDash Labs since November 2017 and as one of our directors since May 2013. The firm provides similar service to businesses in addition to restaurants, such as grocery, retail, pet supplies, and flowers. Fifty-six new billionaires were minted since Covid-19 shut everything down in March. Others have included Norwegian heiress Alexandra Andresen, who made her debut at age 19 in 2016 and still ranks among the worlds youngest, and German Albert von Thurn und Taxis, the 12th prince in his family line, who officially inherited his fortune on his 18th birthday but later fell from the ranks following the 2008 financial crisis. During the past 18 months, 3,840,040 shares of DoorDash Inc (DASH) were sold and 2,294,000 shares were bought by its insiders, resulting in a net The program started in 2015, but Fang and his co-founders have actually been making deliveries themselves while they were still students at Stanford. There was nobody else to do them," he told AP. Track performance, allocation, dividends, and risks . Nine New Self-Made Billionaires Built Fortunes In Everything From White Claw To Online Tutoring, To Sneakers, Meet Austin Russell The New Youngest Self-Made Billionaire, The 10 Youngest Billionaires In The World Right Now. Thiel has been an advisor to Russell since he dropped out of Stanford to start Luminar in 2012. Wanna follow Stanley Tang's net worth? The New York Times Reports: "No existing defense can stop it." After graduating in 2013, Xu and Moore teamed up with Tang and Fang, who were junior computer science students at Stanford to design an app to help restaurant workers. Stanley Tang is the Director of DoorDash Inc and owns about 51,998 shares of DoorDash Inc (DASH) stock worth over $3 Million . Andy Fang is the CTO of Door Dash. Robinhood was recently in the news for the part it played in the Reddit takeover of GameStop stock. Morgan Stanleys stock (NYSE: MS) has lost 2% YTD, as compared to the 8% rise in the S&P500 over the same period. Stanley Cup Odds 2023: Oilers Onslaught Evens Heated Series 2-2 Against Golden Knights, Global Cuisine And International Chef Talent At San Franciscos Turntable At Lord Stanley, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. The most-recent trade in DoorDash Inc is the Its sensors now help self-driving cars of such customers as Volvo and Toyota by bouncing laser beams off nearby objects and vehicles surroundings. It became an Amazon best-seller. Tang became a billionaire after DoorDashs IPO in December 2020. As of my typing, it's $3.1 billion. Stanley Tang is the co-founder and Chief Product Officer of DoorDash. He moved to the Bay Area to attend Stanford and study Computer Science. Chart Data in Insider Trading History Table. [2] DoorDash had its IPO in December 2020 [3] [4] making Tang's net worth an estimated $2.2 billion as of December 2020. PROFILE Tony Xu $1.1B $25M (2.29%) Real Time Net Worth as of 6/29/23 #2418 in the world today Photo by David Paul Morris/Bloomberg About Tony Xu Tony Xu cofounded restaurant delivery. They were not necessarily expected to become billionaires with the IPO based on Wall Street. He started the company in 2013. a net The World's 15 Youngest Billionaires 2023. Type your email address below. Andy Fang (born 1992 [citation needed]) is an American billionaire tech entrepreneur. . Search SEC filings . Details can be seen in Stanley Tang's Latest Holdings Summary section. His salary is estimated to be around $50 million annually. DoorDash Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Now at 26, his net worth stands at $2.4 billion. Citizenship: U.S. 3 of 13. In one recent order, he reportedly realized that DoorDashs app had sent him to the wrong restaurant, so he promised to make a fix. DoorDashprovides a marketplace for the merchants to create a presence online, market their offerings, and meet demand by making the offerings available for pickup or delivery. Stanley Tang's net worth is estimated to be at least 18.1 million dollars as of 22 February 2022. #6. with their favorite players.