BillionaireNet
Fang
Andy Fang
Rank #2138
UNITED STATESTechnologyfood delivery app

Andy Fang

Net Worth
$1.796B
+3.49% (24h)
Andy Fang (born 1992) is a Taiwanese-American billionaire tech entrepreneur, best known as the co-founder and Chief Technology Officer of DoorDash, a leading food delivery platform. His wealth source is primarily from the food delivery app, with a current net worth of 1.6 billion. Fang's career began with the founding of DoorDash in 2013 while he was a student at Stanford University. His achievements include leading the engineering team at DoorDash and playing a pivotal role in the company's growth. In 2020, the DoorDash IPO marked a significant milestone in his career, solidifying his status as a billionaire. He graduated from The Harker School in 2010 and holds a Bachelor of Science degree in Computer Science from Stanford University. He married Carol Zhao in July 2024. Fang is also involved in philanthropy, particularly in education.

The Full Dossier

Early Life and Education

Andy Fang was born in 1992 in San Jose, California, to Taiwanese-American parents. He grew up in the San Francisco Bay Area and attended The Harker School, graduating in 2010. Fang excelled academically and later attended Stanford University, where he earned a Bachelor of Science degree in Computer Science. As a freshman, he met Stanley Tang, with whom he built a social calendar app, and Tony Xu, in an engineering and business course.

Rise to Success

In 2013, while still a student at Stanford, Fang co-founded DoorDash with Stanley Tang, Tony Xu, and Evan Moore. The initial idea, PaloAltoDelivery.com, aimed to address the lack of delivery options for local businesses. DoorDash quickly gained traction, expanding to numerous cities and becoming a leading player in the food delivery market. Fang served as the company's Chief Technology Officer (CTO) from May 2013 to February 2019, playing a crucial role in developing the DoorDash platform.

Key Business Strategies

DoorDash's success is attributed to its focus on local businesses and efficient delivery logistics. The company's strategies include managing delivery operations, building partnerships with restaurants, and expanding service offerings. DoorDash went public in December 2020, marking a significant milestone and solidifying Fang's status as a billionaire.

Philanthropy

Fang is involved in philanthropic efforts, particularly in education. In 2021, he gifted $10 million to The Harker School to establish The Alumni Scholarship Endowment Fund, supporting need-based financial aid for students. He hopes the endowment can help families from underserved communities achieve the American dream.

Career Timeline

2024

Married Carol Zhao

Married Canadian professional tennis player Carol Zhao on July 20, 2024.

2020

DoorDash IPO

DoorDash went public, making Fang a billionaire.

2013

Co-founded DoorDash

Launched DoorDash with Tony Xu, Stanley Tang, and Evan Moore while attending Stanford University.

2010

Graduated from The Harker School

Completed high school education.

Philanthropic Impact

Education$10M

The Alumni Scholarship Endowment Fund

Established at The Harker School to provide financial aid to students.

Wealth Trajectory