Top beneficiary: The University of California at San Francisco Benioff Childrens Hospital. Benioff is the owner and co-chair of TIME, and Benioff is author of the New York Times bestseller Trailblazer: The Power of Business as the Greatest Platform for Change. Mother Bruce Willis Children With Demi Moore: Divorced Is Buster Murdaugh gay? The Board acts only as a body, taking actions by vote. People and his relatives often call him Marc Benioff. By Catherine Bigelow Catherine Bigelow/Special to The Chronicle. He is president of the San Francisco Recreation and Park Commission and president of the Marin Community Foundation. The power of Time has always been in its unique storytelling of the people & issues that affect us all & connect us all, Marc Benioff wrote in Twitter posts on Sunday evening. Marc Russell Benioff (born September 25, 1964)[2] is an American internet entrepreneur and philanthropist. The San Francisco Bay area ranks among the worst places in the country for homelessness, with the problem so widespread and conditions so abysmal that an October United Nations report deemed the crisis a human rights violation. A recent report from the Bay Area Council Economic Institute, a local think tank, said more than 28,000 are experiencing homelessness in the Bay Area. In 2013, Amazon CEO Jeff Bezos bought The Washington Post and last year Laurene Powell Jobs, who was married to Apple co-founder Steve Jobs, bought a majority stake in The Atlantic. HIDOE and Marc and Lynne Benioff donate a Combined $3 - Maui Now Sign up to receive the latest events, news, and features from the Presidio, and then come visit us! She is also on the Overseers Board at the Hoover Institution. Salesforce Foundation | Inside Philanthropy However, it is known to all that he and his wife have together involved in many philanthropic activities. Dont forget to do something for other people., Your email address will not be published. SCOTT SIMON, HOST . Lynne Benioff, Marc Benioff, Sian Proctor and Hayley Arceneaux attend the TIME100 Summit 2022 at Jazz at Lincoln Center on June 7, 2022 in New York. Some Lesser Known Facts About Rebecca Hampton She likes to be active by doing lots of sports like playing with her kids, paddling, biking, surfing, and swimming. Additionally, she endowed a joint chair between the Hoover Institution and the Economics Department at Stanford University, a first-ever creative association. Everything about Marc Benioff and wife, Lynne Benioff's philanthropy! in political science from U.C. Tech companies are often accused of perpetuating the problem by flooding areas with highly paid workers, which in turn raises the local cost of living. Salesforce - Marc and Lynne Benioff, Salesforce Announce $300 Million She also served as a Deputy City Attorney in the San Francisco City Attorneys Office. We create products and services that help volunteers, nonprofits and corporations maximize their impact. Lynne has a Bachelor of Science from the University of Washington. In 2014, Benioff was honored by Mayor Ed Lee as one of San Franciscos Women of the Year. She received a BS from the University of Washington. She was appointed to the Presidio Trust board inJune 2021. Benioff was appointed to the Presidio Trust board by President Barack Obama in 2015 and currently chairs its Governance Committee and co-chairs the Tunnel Tops Campaign Committee. [8][13], While at USC, Benioff had an internship as a programmer at Apple. Marc is brought up with his two siblings, Julie and . The purchase of Time Magazine is fully separate from Salesforce.com, which sells services to help companies manage sales and customer service. Mr. Marc and Lynne Benioff ink $190M acquisition of Time magazine ( Marc & Lynne Benioff) (2018-present) Time (stylized in all caps) is an American news magazine based in New York City. As of 2023 he is 58 years old. In 2011 she co-foundedStar Community Home, a short-term residential community for homeless families in San Francisco. He is the founder, chairman and CEO of Salesforce, an enterprise cloud computing company. Marc Benioff is a well-known entrepreneur who was born in the United States on September 25, 1964. The wealth has been generated from various sources including his career as an employee of Oracle. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Previously, Ms. Benioff was Director of Public Relations Campaigns at OutCast Communications from 1998 to 2003. These cookies track visitors across websites and collect information to provide customized ads. Ms. Benioff was honored by Mayor Ed Lee as one of San Franciscos Women of the Year in 2014. Lynne Benioff: Childern: $3.7 Billion: Childhood. Google investor John Doerr, Salesforce founder Marc Benioff and Airbnb cofounder Joe Gebbia all backed the New Jersey senator. Marc Benioff, billionaire founder of Salesforce, and his wife, Lynne, have donated $30 million to launch research into the root cause of homelessness and find ways to end it. A member of the World Economic Forum (WEF) Board of Trustees, Benioff serves as the inaugural Chair of WEFs Forum Center for the Fourth Industrial Revolution in San Francisco. Marc Benioff, Salesforce CEO, donates $30 million to University of . Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. s.src = p + "://api.content-ad.net/Scripts/widget2.aspx?" These cookies will be stored in your browser only with your consent. There havent been any reports of her being sick or having any health issues. [48], In 2016, Benioff announced a $10 million donation to the University of California - Santa Barbara to establish the Benioff Ocean Initiative. Jean serves on the boards of KQED, SPUR (San Francisco Planning + Urban Research), and The Climate Center. 10 (tied): Marc R. and Lynne Benioff", The Chronicle of Philanthropy: "Young Tech Donors Take Leading Role in Philanthropy 50" By Alex Daniels and Maria Di Mento, The Chronicle of Philanthropy: "Bequests Put Conservative Billionaire Richard Scaife Atop List of America's 50 Biggest Donors" By Maria Di Mento and Drew Lindsay, indiana Business Journal: "Salesforce CEO: We're canceling travel to Indiana" By Jared Council, The Huffington Post: "The CEO Who Took On Indiana's Anti-LGBT Law And Won" By Alexander C. Kaufman, The Huffington Post: "Salesforce CEO Takes Radical Step To Pay Men And Women Equally" By Emily Peck, Fortune: "Salesforce CEO Marc Benioff Battles Georgia Over Gay Rights" By Jonathan Vanian, Atlanta Journal-Constitution: "BREAKING: Nathan Deal vetoes Georgia's 'religious liberty' bill" By Greg Bluestein, "Salesforce CEO: tech billionaires 'hoard their money' and won't help homeless", "Marc Benioff says he had rabbis and imams supporting the Prop C homelessness tax but not tech CEOs", "Salesforce to help workers leave states over abortion laws", "Salesforce offers to relocate employees and their families after Texas abortion law goes into effect", "The Gospel of Wealth According to Marc Benioff", https://en.wikipedia.org/w/index.php?title=Marc_Benioff&oldid=1142629710, All Wikipedia articles written in American English, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 3 March 2023, at 14:12. She was appointed to the Presidio Trust board in 2015 and reappointed in 2019. An expert wants to know things with certainty and in the end to be proven right. [4], In 2019, Benioff started Time Ventures, a venture capital fund that has invested in multiple companies, including Commonwealth Fusion Systems, Universal Hydrogen and NCX. Marc Benioff Wiki (Age) California based entrepreneur Marc Benioff was born on 25 September 1964. Our mission | 1t.org [66], In February 2016, Benioff announced that Salesforce would reduce investments in Georgia and cancel a conference if HB 757, a bill that would allow businesses to decline services to same-sex couples, was passed. With a net worth of $80 million, he is among the richest journalist. The Marc Benioff and his wife, Lynne Benioff has given most of their charitable money to the San Francisco Benioff Childrens Hospital of the University of California. 10 Facts about Salesforce Founder Marc Benioff Marc is a self-made billionaire, who had made millions within his mid-20s. Marc Russell Benioff is popularly known as the chairman, CEO, and co-founder of the well-known software company Salesforce. He was on a trip to India when he had a, His company was namedone of the Worlds Most Innovative Companies by the, In the 2016 Presidential Election, Marc supported. Although Marc has a remarkable and outstanding performance in Internet Entrepreneurship and Philanthropist industry, he chooses to lay low when it comes to his personal life. Benioff went to war with other billionaires, including Twitters Jack Dorsey, over the measure, which was passed by voters but is awaiting court validation. She brings more than 25 years of financial experience in companies large and small. Lynne and Marc Benioff at the Maritime Museum for the Fourth of July party hosted by Mayor Ed Lee. Benioff got his first job at a . This cookie is set by GDPR Cookie Consent plugin. Santa Barbara and a law degree from UCLA. The bulk of this transformative philanthropy, $50 million, will go toward expanding the important work of the Benioff Ocean Science Laboratory (formerly the Benioff Ocean Initiative). The Fabulous Life Of Tech Billionaire Marc Benioff. Lynne Benioff is an independent marketing consultant and philanthropist active with several health care and community foundations. [30], As of February 2022, Benioff had an estimated net worth of US$8.31 billion according to Bloomberg Billionaires Index. Wife, Family And Net Worth 2023. [36][37], In 2012, he was named one of the "Best CEOs in the World" by Barron's[38] and received The Economist's Innovation Award. He was a litigation associate at Steinhart + Falconer, a Deputy City Attorney and Chief of General Litigation for the San Francisco City Attorneys Office, and General Counsel for the Oakland Athletics. Marc and Lynne Benioff's $20 million gift to USC supports - USC News [29] One year later, Bret Taylor stepped down as Salesforce co-CEO, leaving Marc Benioff as the sole CEO again. Marc Benioff is currently married to his wife, Lynne Benioff, and the couple has been together for a very long time. Marc Benioff is an American internet entrepreneur, with a net worth of $8.8 billion as of May 2020. In the . Marc and his wife later donated the statue to the Bishop Museum in Honolulu. As he is a reputed American entrepreneur his primary source of income comes from his business (Salesforce Inc.). "[40], In 2016, Fortune magazine named him one of the "World's 50 Greatest Leaders. She is a distinguished director of the board of Overseers of the University of California San Francisco Foundation, and serves on the board of directors of The Rise Fund, UCSF Benioff Children's Hospitals, Common Sense Media, the Benioff Ocean Initiative, and Forward. Michael has also played a role in the transformation of the Golden Gate National Recreation Area, Americas largest and most heavily visited urban national park. Marc Benioff is not dating . At the core of our philosophy is the belief that the most powerful force in the world is the individual who has realized their power to do good. (function(d) { Nicola Miner is founder of the Miner Anderson Family Foundation, a non-profit organization that advances social justice and access to equal opportunity in San Francisco and throughout the United States. Ms. McNeil resides in San Francisco. [14] He joined Oracle Corporation in a customer-service role after graduating. These five distinct and in-depth reports examine attitudes, barriers and participation rates globally, as well as in the U.S., the U.K, Brazil and India and provide actionable takeaways for businesses, non-profits and individuals. Marc is married to his gorgeous wife, Lynne Benioff. The household lives in San Francisco, California. Earlier, Mrs. Benioff was Public Relations Campaigns Director at OutCast Communications from 1998 until 2023. After serving as CFO, COO, and then President of Standard Beverage Corporation, Rich become a contract CFO for distribution and real estate technology companies. Cathy has a deep commitment to science and conservation. var params = According to Time, it has an audience of 100 million worldwide and a video business that is on pace to deliver nearly 2 billion streams in 2018. exitPopMobile: true, Marcs struggles and enthusiasm since an early age reveals an ideal story to the world. He was named one of the Worlds 50 Greatest Leaders which was published by Fortune in the year 2016. Bloomberg Billionaires Index - Marc Benioff His love life and sexuality. Benioff Homelessness and Housing Initiative, http://www.worldcat.org/identities/lccn-n2009036451, "Time Magazine Is Bought by Marc Benioff, Salesforce Billionaire", Jerusalem Post: "Jews take 5 of top 6 spots in annual list of top US givers" By JACOB BERKMAN, Jewish Philanthropy: "Jewish Philanthropy 2.0", "The rise of Marc Benioff, the bombastic owner of Time Magazine who just became Salesforce's sole CEO, has an $8 billion fortune, and owns a 5-acre compound in Hawaii", San Francisco Gate: "Marc Benioff, CEO, makes philanthropy a priority" by Casey Newton, "Frat Boys Are Taking Over The Tech World", "ROM Fun: Survey of recent cartridge games", "The Fabulous Life Of Tech Billionaire Marc Benioff", "A teenage Marc Benioff cold-called an Apple executive and got his dream internship", "The stratospheric rise of Marc Benioff and Salesforce", Salesforce Blog: "Marc Benioff: How to Turn a Simple Idea into a High-Growth Company" By Marc Benioff, "The story of why Marc Benioff gifted the AppStore.com domain to Steve Jobs", "WSJ News Exclusive | Nuclear-Fusion Startup Lands $1.8 Billion as Investors Chase Star Power", "Commonwealth Fusion, Backed by Gates, Soros, Benioff, Raises $1.8B", "NCX raises $50M for natural capital markets", "Marc Benioff backs start-up that uses satellites to count trees and pays people not to cut them down", "Universal Hydrogen Raises $62 Million in Series B", "Satellite imagery company Planet Labs is going public, backed by Google, BlackRock and Marc Benioff", "Planet Labs Looks to Expand Software Offerings, Win New Customers with IPO Funds", "IonQ Takes Quantum Computing Public with A $2 Billion Deal", "Top execs discuss 'mission that's above profits' in Detroit event", "Marc Benioff says CEOs must be held more accountable and pay more taxes, too | CNN Business", "Salesforce promotes Bret Taylor to co-CEO alongside Benioff", "Bret Taylor steps down as Salesforce co-CEO", "The goodness business: how woke capitalism turned virtue into profit", "Billionaire CEO Marc Benioff is writing a sequel to his best-selling memoir about Salesforce and wants your help", "Salesforce CEO Marc Benioff explains why a Hindu guru and Colin Powell were critical mentors", "World Economic Forum Announces New Batch Of Young Global Leaders (Mark Zuckerberg, Chad Hurley, Kevin Rose And More)", "C.E.O.s Were Our Heroes, at Least According to Them", Barron's: "World's Best CEOs" By Andrew Bary, The Economist: "And the winners were" By The Economist Staff, Fortune: "Vote: Businessperson of the Year - Championship Round" By Fortune Editors, Fortune: "The World's 50 Greatest Leaders" By Geoff Colvin, "The Best-Performing CEOs in the World, 2019", "Marc Benioff of Salesforce is the CNN Business CEO of 2020", "Marc Benioff Reached Millionaire Status by Age 25 -- and 9 Other Things to Know About the Co-Founder of Salesforce", "Salesforce CEO Marc Benioff: The big giver", "Gut check: Benioffs donate $35 million to further study of microbiome at UCSF, Stanford", https://philanthropynewsdigest.org/news/benioffs-give-35-million-for-ucsf-prostate-cancer-research-initiative, "Benioff's new philanthropic mission: The oceans", "Benioffs and Salesforce put $300m into combating climate change on eve of COP26 | Computer Weekly", "UCSF Launches New Benioff Homelessness and Housing Initiative with $30M Gift", "Marc Benioff picks a new fight with Silicon Valley over trees", "Marc Benioff's $25 Million Blitz to Buy Protective Gear from China", "San Francisco has 75 billionaires. Miner is also on the advisory panel for San Franciscos Grants for the Arts and is a member of Earthjustice Actions board of directors. "[41], In 2019, he was recognized as one of the 10 Best-Performing CEOs by Harvard Business Review[42] and as the CNN Business CEO of 2020. In this company, it is estimated that he has . Time USA, LLC. Outside of Salesforce, Benioff and his wife Lynne are involved in . We also use third-party cookies that help us analyze and understand how you use this website. Marc Benioff is Chair, CEO, and Co-Founder of Salesforce and a pioneer of cloud computing. Lynne Benioff, chair of the Presidio Trust board, is the co-chair of TIME and active on the boards of several organizations. George K. H. Schell, General Counsel,began his career in 1984 as a Staff Attorney for the Ninth Circuit Court of Appeals in San Francisco. [69] In November, Benioff announced his support for San Francisco's Prop C measure that would increase taxes on large corporations to aid unhoused residents in the city. [60][61][62][63], In March 2015, Benioff announced Salesforce would cancel all employee programs and travel in the state of Indiana after the passing of the Religious Freedom Restoration Act, a bill that would allow companies and individuals to choose not to serve LGBT individuals based on religious beliefs. Board and Executive Team | Presidio - San Francisco, CA She is publicly known as Lynne Benioff. As of 2022, Marc Benioff net worth is estimated to be over $6.5 billion. Rich has served multiple Bay Area companies -- as interim President/COO at MacPherson's, interim CFO at Guideboat Co., and full-time CFO at Flux (acquired by Density.io), a construction technology company founded by Google X. We know a lot about how to end homelessness, but that knowledge doesnt always reach policymakers and is often not properly targeted, she said in a news release. In the year 2023, According to Forbes Marcs net worth is at least 6.8 Billion Dollars. Guests did indeed . - Wikipedia