INTEGRATED MARKETING PLATFORM, INSIDE REAL ESTATE He was hired as a creative advisor to the firm, founded by his friend Marc Benioff In January it fired nearly 8,000 workers despite hiring 30,000 since 2020 By Neirin Gray Desai For Dailymail.Com 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=1140555626, This page was last edited on 20 February 2023, at 16:41. He owns an estate. Marc Benioff, cofounder and co-CEO of Salesforce, said in a Slack message to employees on Friday that the company's newest workers weren't productive enough. . [64], In April 2015, Benioff announced that he would review salaries at Salesforce to ensure men and women were paid equally. He loves Hawaii so much he used to wear Hawaiian shirts to work. Salesforce CEO Marc Benioff owns about 4% of the cloud computing software firm he cofounded in 1999. As a subscriber, you have 10 gift articles to give each month. Things have been really going his way lately. It's possible that he enjoys living a normal life whenever he can. Marc Benioff Address: Jackson St, San Francisco, CA 94118. He ran sales and marketing during Oracle's early days, from 1986 to 1999. Jobs reportedly indulged in mediation and psychedelic drugs during a trek to India. (from Benioff's Twitter page) A San Francisco tech billionaire with a home on the Kona coast wants to make sure the Big Island doesn't run out of masks. Melanie Y. Ide/Bernice Pauahi Bishop Museum, currently has a net worth of about $6.8 billion, qualify for the most significant tax deductions. Years ago, before Salesforce.com's IPO, he rented out the San Francisco Giants' stadium and threw a $250,000 party featuring the B-52s. But now doubts have emerged about the sculptures age, inside and outside the Bishop Museum. He is the Founder of TIME Ventures. Dreamforce, the company's annual conference, is part business meeting and part music festival. The issue could be given closure if Mr. Benioff were to claim a charitable tax deduction for his $7.5 million donation to the Bishop Museum. When deciding whether they would accept the gift, the Board of Supervisors valued the amphibious vehicles at$50,550 each. Times Syndication Service. When he travels, he prefers B&B accommodations. The foundation uses a "1-1-1" approach to corporate philanthropy, where the company gives one percent of employee time as volunteer hours, one percent of its product and one percent of its revenue to charitable causes. Sign up for our newsletter for the latest tech news and scoops delivered daily to your inbox. Salesforce CEO Marc Benioff paid $7 million to buy a carving of the Hawaiian god Ku at auction. The Salesforce founder has long had a connection to Hawaii. Sign up for our newsletter for the latest tech news and scoops delivered daily to your inbox. DEVELOPER SMM MEDIA KIT Salesforce, San Francisco's largest private employer that recently laid off 8000 employees, has reportedly been paying Matthew McConaughey $10m a year to serve as a creative adviser and TV consultant.. A Hawaii Museums $7.5 Million Question, https://www.nytimes.com/2019/02/27/arts/design/hawaii-sculpture-bishop-museum-marc-benioff.html. In addition to giving money to the children's hospital, Benioff hosts fabulous private concerts and parties to raise money for it. He wears Hawaiian shirts to work and even named his dog "Koa," a word that means"daring warrior" in the native tongue. S.F. Art Advisory Panel, which would recommend a true market value. "[40], In 2019, he was recognized as one of the 10 Best-Performing CEOs by Harvard Business Review[41] and as the CNN Business CEO of 2020. And he was forever inspired by, and friends with, Jobs. Benioff said he only learned of the piece a day before it went up for auction when Danny Akaka, Jr., Hawaiian cultural practitioner and Bishop Museum board member, called to ask for the billionaire's help. His love of big parties continues. Benioff gave his keynote anyway, at a nearby hotel. He is the co-founder of the software company Salesforce. [68] 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. [42], In addition to founding Salesforce in 1999, Benioff also founded the Salesforce Foundation. Access your favorite topics in a personalized feed while you're on the go. Such a wide discrepancy in valuation could be a concern for the Internal Revenue Service, should Mr. Benioff wish to claim the donation on his tax return, as well for museumgoers having to pay as much as $24.95 to see the sculpture in Honolulu. It has six bedrooms, seven full and two half bathrooms, and 9,821 square feet of interior space, according to Honolulu Magazine. Values of an ethnographic artwork can be wildly different if there are doubts about it.. He says he has $9 billion already under contract. He decided to take a sabbatical, so he rented a beach house in Hawaii (doesn't get much more relaxing than that). And Salesforce CEO Marc Benioff has been snapping up properties on the Big Island since as far back as 2000. Where is Marc Benioff from? June 15, 2018. Now questions are being asked about Mr. Benioffs act of cultural repatriation. Benioff got in a bidding war and ultimately paid $7 million for the idol,according to the San Francisco Chronicle. Bloomberg reported in 2018 that Benioff's fascination with Hawaii - and his decision to embed components of Hawaiian culture into Salesforce's company culture - led some employees to call the company out for appropriation. Marc Benioff, the chief executive officer of Salesforce.com, believes he can make the world a better place while also making hefty profits for his company. Having been bought at auction for more than $50,000, the sculpture would have to be appraised by the I.R.S. Salesforce chief executive Marc Benioff, and his wife Lynne, purchased the rare piece at a November Christie's auction in Paris, paying more than $7 million for the figure, which is less than. [27][28], In November 2021, Benioff became co-CEO of Salesforce when Bret Taylor's promotion to co-CEO was announced. In between, she spent two years as a Peace Corps volunteer teaching English in Cape Verde, West Africa. His fourth book, Trailblazer, documents his journey leading Salesforce to becoming the software behemoth it is today. He also owns a. Sign up for notifications from Insider! [47], In 2016, Benioff announced a $10 million donation to the University of California - Santa Barbara to establish the Benioff Ocean Initiative. He reportedly bought the land for $12.5 million in 2000 and spent years designing it, even launching his own construction company to build it, The Wall Street Journal reported back in 2006. Similar pieces are only found in museums, said Susan Kloman, head of African and Oceanic Art at Christie's, in a description of the piece prior to the auction. A Natural Entrepreneur In an interview with the NY Times, Benioff talked about how he was born an Entrepreneur and used to go around to people's homes to see if they needed antennas or CB radios repaired. This was a departure from his philanthropic endeavors. Marc Benioff is a well-known internet entrepreneur born in San Francisco, California, on September 25, 1964. [3] At 23, he was named Oracle's Rookie of the Year. Benioff owns a 7,600-square-foot home in Hawaii. Besides being a co-founder, he is famous as a chairman and co-CEO of this widely-known software company. Moreover, it's a three-story property. This was a departure from his philanthropic endeavors. While the company dialed it back in recent years after criticism from employees, the "Ohana" remains. It is in the Kona style, made by carvers in that area of the largest of the Hawaiian islands during the reign of Kamehameha I, according to the Bishop Museum. [3][4], Benioff was raised in a Jewish family[5][6] in the San Francisco Bay Area. [8] Benioff received a Bachelor of Science in business administration from the University of Southern California, where he was a member of the Tau Kappa Epsilon fraternity, in 1986. In 2012 he tweeted: "I miss my Trs-80, Atari, Amiga, and Commodore 64. :). The post Marc Benioff keeps one of these $40,000 amphibious vehicles at his house in Hawaii appeared first on Business Insider. Unit 6807-09, The Center; 99 Queen's Road Central; Hong Kong; Contact Us. [8][9], Benioff is a second cousin of showrunner and television writer David Benioff, known for Game of Thrones. Benioff was born in San Francisco, the fourth generation of his family born there. Jill Tucker has covered education in California for 22 years, writing stories that range from issues facing Bay Area school districts to broader national policy debates. After 10 years at Oracle, Benioff was feeling burned out, so he took a trip to Hawaii and worked on meditation. [7] He graduated from Burlingame High School in 1982. (from Benioff's Twitter page) A San Francisco tech billionaire with a home on the Kona coast. And he advocates giving back. In addition, Marc Benioff is a great philanthropist. [63] Benioff led an effort of business leaders fighting back against the legislation, leading to a revised version of the bill being signed into law that prohibited businesses from denying services to someone based on sexual orientation or gender identity. The carving, made sometime between 1780 and 1819, had been in the collection of Claude Verite, a Paris-based art dealer, who apparently acquired it in 1940. Salesforce CEO Marc Benioff and his wife, Lynne, purchased the rare piece at a November auction at Christies in Paris, paying more than $7 million for the figure, which is less than 2 feet tall. The Big Island's Mount Kea Resort, where Guy Lalibert's residence is located, is where the founder, chairman, and CEO of Salesforce purchased his hideaway for $12.5 million (9.3 million). Besides the area, the physical condition is also excellent, and it is prepared with good construction materials. Bishop Museum in Honolulu, in an donation, Ian Bremmer: Why the American dream doesn't exist anymore. Benioff is a new-age guy who loves yoga and meditation. About Marc Benioff. His full name is Marc Russell Benioff. Benioff, who owns an estate in Hawaii, said he had to beat out a significant bidder, to get the item. The carving was returned to the islands about a month ago -- the land-eater idol arriving about a week before the eruption of the Kilauea volcano -- the timing of which was not lost on Benioff. He has won numerous awards, including CNN Business CEO of 2020, and is a published author. Im 90 percent sure its a Bennet piece, Mr. Harding said. You'll have a better-looking and more enjoyable household by having one. This is a guest post by Marc Benioff, the CEO of Salesforce.com, billionaire, and philanthropist. When Salesforce CEO Marc Benioff designed the layout of his company's flagship new building in San Francisco, he brought in Buddhist monks for help. [43][44][45], In 2010, the Benioffs donated $100 million to UCSF Children's Hospital. Also find the latest architecture, construction, home improvement and travel posts. He spoke out on TV against the law, canceled events, and even helped one employee move out of the state. He is "credited with turning the software industry on its head" by using the Internet to "revamp the way software programs are designed and distributed." Beniof ranks 218th on the Forbes 400 list, with an estimated net worth of $2.6 billion. I was very successful. Thankful to have lived through all of this!". Marc Benioff and 9 others. Missionaries presumably boxed it up along with other sacred Hawaiian relics and sent it to Europe. By clicking Sign up, you agree to receive marketing emails from Insider SIMPLY PUT - where we join the dots to inform and inspire you. Salesforce CEO Marc Benioff speaks onstage during the TechCrunch Disrupt San Francisco event in San Francisco on Oct. 3, 2019. . Benioff has long been known as one of the most flamboyant, philanthropic, larger-than-life personalities in the tech industry. Marc benioff email: CEO . Benioff has had his vision for a new kind of capitalism for decades he's been tech's "woke" CEO since before "woke" was a thing. Updated to include drought zones while tracking water shortage status of your area, plus reservoir levels and a list of restrictions for the Bay Areas largest water districts. In 2012, he invited his friend Robbins to Dreamforce to do a motivational seminar complete with coals. Check out this video to see the Quadski in action. State storms arent letting up. He's worth about $3.8 billion,according to Forbes. He owns a 5-acre estate in Hawaii Karl Hedberg/Honolulu Magazine Benioff built a huge compound on the island of Hawaii, the state's largest island. He is the co-founder of the software company Salesforce. as well as other partner offers and accept our. The Quadski XL is quite the billionaire toy -itcan travel up to 45 miles per hour on both water and land and theytypically costabout $50,000 each. The timing was not lost on Benioff, according to the Chronicle. Some have returned home, others not yet,'' Akaka said in a statement this week. After a bit of deliberation, the board ended up accepting the gift for use by emergency personnel. But Oracle still thinks of Salesforce as a major competitor, and Benioff doesn't hang out with Ellison in Hawaii, he once said. September 26, 2018 / Jeff Vasishta / Tags: Big Island Luxury Real Estate, Hawaii Luxury Real Estate, Kauai Luxury Real Estate, Larry Ellison Lanaii, Marc Benioff Hawaii, Mark Zuckerberg Hawaii, Maui Luxury Real Estate, Oahu Luxury Real Estate, Peter Thiel Hawaii, Pierre Omidyar Hawai While an executive at Oracle, he decided to take a sabbatical and rented a beach hut on the Big Island of Hawaii. [51], In March 2020, Benioff procured 50 million pieces of personal protective equipment for hospitals and COVID-19 first responders in the United States. Marc Benioff is best known as the chairman, founder, and CEO of Salesforce.. But Julian Harding, a respected private dealer and expert in Pacific Island artifacts, said in by telephone last week that he remained convinced that the wooden war god was a masterpiece of Oceanic art., If I had $7 million to spend, he added, I would have spent it on that figure.. Google to Box are among the companies that have adopted it. Furthermore, he was also a social activist. Benioff is the billionaire founder of salesforce.com, a cloud computing company. In addition to the donation of art, Benioff has committed to funding 100 percent of Red Cross emergency relief efforts related to the eruption of the Kilauea volcano. Lot 153 in Christies sale was cataloged as Hawaiian figure, kona style, circa 1780-1820, representing the god of war, ku ka ili moku. Hitherto unknown, with no documented history of ownership, the 21-inch sculpture, carved from wood of the Hawaiian metrosideros tree, was thought to have been acquired by Pierre Vrit from the dealer and collector Marie-Ange Ciolkowska during the 1940s, according to Christies. He also owns a 5-acre estate on the Big Island, which he purchased for $12.5 million in 2000 and constructed over several years. Benioff is regarded as a visionary. Salesforce CEO Marc Benioff loves all things Hawaii. Its not really something that should be held to help the power of one person.. The tech billionaire has since bought several lots near his house, ostensibly to increase his privacy. [14] He joined Oracle Corporation in a customer-service role after graduating. Mr. Benioff, who would not comment for this article, currently has a net worth of about $6.8 billion, according to Forbes. His company is on fire. Kona hospital workers in May, 2020, welcome a shipment of masks from billionaire Marc Benioff. 21. The Hawaiian Hall at the Bernice Pauahi Bishop Museum. "Many things we created in our company he was the inspiration for, and guided us to.". Jobs was his adviser. DESIGN NETWORK MEDIA KIT Stay up to date with what you want to know. The 20-inch-tall carving, created between1780 and 1819, has lived in a private collection in Paris since the 1940s. Copies were given to all of the family and friends who attended Jobs' memorial, a service Jobs planned himself. His full name is Marc Russell Benioff. Benioff loves music. Salesforce CEO Marc Benioff loves all things Hawaii. Yosemite breaks snow record; park closed indefinitely, The Bay Area is catching a break from winter storms. Benioff recently gave two Quadskis to the San Francisco Police and Fire Departments as a gift, apparently because he thought they would be helpful for water rescues. Once Benioff does focus on a task, his determination is relentless, says Robert Thurman, the well-known Buddhist scholar and head of the New York nonprofit Tibet House US, of which Benioff is a . Some international experts say the piece could be from the 20th century and worth less than $5,000. Salesforce CEO Marc Benioff loves all things Hawaii. Here's a new listing for $25 million. 03:28. Benioff recently made the news as a good neighbor by coordinating the donation of 1 million face masks to Hawaii County Civil Defense through the University of California San Francisco, where. Even though Salesforce is 16 years old and the Big Kahuna in its market, its fast growth rate is making investors love it. On March 25, a day before Pence first signed Indiana's RFRA, Benioff became the first major business leader to speak out against the law by threatening to scale back his company's investment in the state. Apple is no longer king of the Dow . [8] In 1979, when he was 15, Benioff founded Liberty Software, creating and selling games such as Flapper and King Arthur's Heir for the Atari 8-bit. [50], In January 2020, Benioff announced that he and his wife would provide financial backing for 1t.org to support a global initiative to plant and conserve 1 trillion trees over the next decade. Muhammad Ali House: Former Los Angeles Home, 6 Steps To Revive A Dead Lawn And Increase Curb Appeal. Here are some of the most fascinating facts about Marc Benioff 1. "[16] This was a slogan he used frequently to preach about software on the Web, and used as a guerilla marketing tactic against the dominant CD-ROM CRM competitor Siebel at the time. Benioff answered the email introduction asking for backing within seven minutes, with a simple promise: "I'm in. Benioff supported President Obama, hosting fund-raising dinners for the president at his house. Marc Benioff House: The San Francisco Pad. No wonder Marc Benioff, Jack Dorsey, George Soros, Don and Doris Fisher and Tom Steyer snatched up homes when they could. Copyright 2023 San Francisco Chronicle. The I.R.S. The Christies sale in Paris was the last of several from the fabled private collection of Pierre Vrit and his son Claude, both highly regarded dealers in tribal art. Subscribe to get the latest Haute Living Real Estate Network news delivered straight to your inbox. # 338 Marc Benioff $6.89B Random fact: Owns a 7,600-square-foot home in Hawaii. Additionally, we post on luxury, real estate, and celebrity homes on our Instagram, Twitter, Facebook, Pinterest, TikTok, and YouTube. Benioff is breaking records with the growth of his company. The SFPD even took one of the Quadskis out for a spin last weekend. In short, the house is super nice. Benioff has rented out the entire San Francisco Giants stadium for a corporate event, and he once got David Bowie to perform at a Salesforce Foundation soiree at Carnegie Hall. He wears Hawaiian shirts to work and even named his dog "Koa," a word that means "daring warrior" in the native tongue. He was one of the youngest executives ever at Oracle. New York CNN Business . Benioff built a huge compound on the island of Hawaii, the state's largest island. He worked for Steve Jobs writing software for the Macintosh division. Its an incredible discovery, she added. The home is located in a super-friendly area of San Francisco. And this fund-raising has helped get other tech moguls, such as Bill Gates, to contribute. That's why the last thing you want when you pull up in front of your home is for your lawn to be the eyesore of the street. [56][57], In 2021, they were founding members of the World Economic Forum's Friends of Ocean Action initiative, providing approximately $11 million in funding. They have recently reconciled, thanks to a multimillion-dollar business deal. Benioff, a consummate salesman since his days under Larry Ellison at Oracle, traveled to the Rosewood Hotel in Menlo Park to sell not his product but an idea: that his counterpart, a retired. Salesforce CEO and billionaire Marc Benioff might be having buyer's remorse after some art world experts have called into question the value of a supposedly 200-year-old wooden statue he bought. Several good earnings reports and sunny growth prospects have made the stock leap from one all-time high to another, with shares in the company now trading near historic highs of over $73. Heres what first half of March looks like. Also, please follow us on each of these. He's been known to hang with: Deepak Chopra, MC Hammer, Richard Branson, David Bowie, Uma Thurman, Colin Powell,Billy Graham, the Dalai Lama, Chris Rock, and Zen monks in Kyoto. But if a piece cannot provoke discussion or appreciation, what really is it worth?, Masterpiece or Mistake? Earlier that year, Benioff vacationed at a Fiji hotel owned by Robbins where a group of 20 people jumped off a bridge at midnight, plunging 60 feet into a rushing river, Benioff told attendees of TechCrunch Disrupt. But admirers now see him becoming Silicon Valley . SAN FRANCISCO -- A 200-year-old carving of the war god Ku has returned home to Hawaii after spending untold years abroad and in the hands of private collectors. He has donated about $250 million to build a new children's hospital with University of California at San Francisco. Microsoft even made a play to buy Salesforce, offering $55 billion and a top executive slot for Benioff, according to media reports. We felt strongly that this kii belonged in Hawaii, for the education and benefit of its people, Benioff said in a statement. [67], In an October 2018 interview with The Guardian, Benioff criticized other technology industry executives for "hoarding" their money and refusing to help the homeless in the San Francisco Bay Area. But he says he's not a Democrat: "I'm not a Democrat and I'm not a Republican. [58], Marc and Lynne Benioff have been included in lists of top givers by Forbes and the Chronicle of Philanthropy. Similar pieces are found only in museums, said Susan Kloman, head of African and Oceanic Art at Christies, in a description of the piece prior to the auction. The Quadski XL is quite the billionaire toy itcan travel up to 45 miles per hour on both water and land and theytypically costabout $50,000 each. The San Francisco couple then donated the piece to the Bishop Museum in Honolulu, which announced the acquisition this week. It always includes a huge free concert and has a constant string of bands that play on the street in front of the Moscone conference center. It was estimated to sell for 2 million to 3 million euros, or $2.3 million to $3.4 million. And one of the things he likes to do while he's there is ride a Gibbs Quadski XL, an all-terrain vehicle that can instantly transform into a watercraft. Overview. [66] The governor vetoed the bill. Great to see @Sfpd @SFPDChiefSuhr making good use of the @GibbsSportsAmp Quadski. We couldnt imagine that such a work could still exist in a private collection, Susan Kloman, head of African and Oceanic Art at Christies, said in the pre-auction promotional content for the Verit sale. He said at a 2012 conference that he spends about a third of his total time at his vacation home. 430. Businesses are expected to spend $106 billion on SaaS in 2016, according to a Goldman Sachs study. Salesforce Chairman and CEO Marc Benioff and his wife Lynne recently purchased kii (image) representative of the Hawaiian god Ku from the collection of Pierre and Claude Verite through a public auction held at Christies Paris in November 2017 and donated it to the Bishop Museum of Hawaii. "There would be no Salesforce.com without Steve Jobs, Benioff said at TechCrunch Disrupt last year. Miami FL 33137, PARTNERSHIP MEDIA KIT The epic California snowpack is inching toward record levels. Benioff is a former executive of his largest competitor today: Oracle. [33], In 2003, President Bush appointed Benioff co-chair of the President's Information Technology Advisory Committee. Marc Russell Benioff (born September 25, 1964)[2] is an American internet entrepreneur and philanthropist. It's called the 1-1-1 model. Sign up for a weekly brief collating many news items into one untangled thought delivered straight to your mailbox. The museum plans to make the carving a centerpiece in a new exhibition opening in February. The SFPD even took one of the Quadskis out for a spin last weekend. Marc and David are distant cousins who sharea great-grandfather, Isaac. ; When Marc was in school, he sold 'How to Juggle,' (his first application) for $75. 4. When he threw a fund-raiser for President Obama at his San Francisco home, his friend Stevie Wonder wrote a special song and sang it at the party, USA Today reported at the time. This is a very, very big deal.. "[39], In 2016, Fortune magazine named him one of the "World's 50 Greatest Leaders. She described the carving as ``an incredible discovery. The billionaire signs his emails, Aloha, Marc, and likes wearing Hawaiian shirts. ``This is a very, very big deal.''. At 15, he founded a Software, 'Liberty Software,' which created games like King Arthur's Heir, The Nightmare, Escape from Vulcan's Isle, and Crypt of the Undead for the Atari 8-bit computer. [69], In September 2021, Benioff announced that Salesforce would relocate any Texas employees who wanted to move after an abortion law went into effect. His father, Russell, built a chain of apparel stores in San Francisco. I was concerned that its history only went back to the 1930s.. But it was a big deal, he said. The tech billionaire Marc Benioff donated the statue to a museum in Honolulu. [30], Benioff has co-written four books about business and technology. Finally, I hope you enjoyed reading about Marc Benioff's home. In order to improve our community experience, we are temporarily suspending article commenting, Marc Benioff keeps one of these $40,000 amphibious vehicles at his house in Hawaii.
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