The Hawai'i State Department of Education and Salesforce Chair & Co-CEO Marc Benioff and his wife Lynne are partnering to fund $3 million in . 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. Time Inc., the former parent company of Time magazine, was purchased last year by U.S. media company Meredith Corporation for nearly $2 billion.. Marc and Lynne Benioff attend the 5th Annual Sean . Benioff and his wife, Lynne, have agreed to pay Meredith Corporation $190 million to acquire Time magazine, which was the most influential weekly newsmagazine of the 20th century.Meredith Corporation, Time's parent company, made the announcement on Sunday that it had agreed to pay the Benioffs $190 million in cash . Marc Benioff Net worth, Age: Wife, Kids, Weight, Bio-Wiki 2023 Marc is the founder, chairman and CEO of salesforce.com, a cloud computing company. The founder of Salesforce, Marc Benioff and his wife Lynne Benioff, have agreed to buy Time magazine for $190 million in cash from media and marketing company, Meredith Corporation. Salesforce on Thursday announced $300 million in new climate-related commitments from the company and its CEO Marc Benioff, along with his wife, Lynne. Marc And Lynne Benioff Photos and Premium High Res Pictures - Getty Images 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. This has given him the title of self-made billionaire, with his network currently standing at around $8.7B. Marc Benioff Time Magazine. He spent 10 years as a retail and real estate development entrepreneur in the Midwest, including sent five years as an asset manager for The Habitat Company in Chicago, supporting the acquisition, development, and management of high-rise multifamily residential properties. 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. She is the wife of American billionaire Marc Benioff, he is an internet entrepreneur serving as the chairman and CEO of Salesforce. [3][4], Benioff was raised in a Jewish family[5][6] in the San Francisco Bay Area. People and his relatives often call him Marc Benioff. Read the full story. Age, Biography and Wiki. He is married to Lynne Benioff and has two children. Salesforce CEO Marc Benioff has become the poster child of a new generation of corporate executives willing to leverage their status to wade into high-profile social issues. [55], In October 2020, Marc and Lynne Benioff were founding partners of Prince William's Earthshot Prize, a program for finding solutions to environmental issues. + qs; We create products and services that help volunteers, nonprofits and corporations maximize their impact. The Benioffs will personally contribute $200 . Lynne Benioff and Honoree CEO, Sales Force Marc Benioff attend the GLAAD Gala San Francisco 2016 at Metreon on September 8, 2016 in San Francisco,. In 2011, she co-founded Star Community Home, a short-term residential community for homeless families in San Francisco. Marc Benioff Net Worth 2023, Age, Height, Weight, Biography, Wiki and Appreciating life: Tom Brokaw on battle with blood cancer. She began working in non-profit environmental policy and consulting in air quality, land use, and transportation technology in both California and Boston. His father was Russell Benioff, founder of the biggest chain of apparel stores in San Francisco. Josh Whitehouse Height, Age, Net Worth, Girlfriend Will Harrison Age, Height, Dating | Plays Graham FGTeeV Mike (Youtuber) Parents, Age, Net Worth, Facts. A San Francisco Tech Mogul Buys a Fabled Slice of New York Media $100 million Benioff TIME Tree Fund aims to accelerate the global reforestation efforts of 1T.org and help emerging and developing countries mitigate the increasing impacts of climate change TIME Ventures will invest $100 million in ecopreneurs and reforestation ventures Salesforce to give $100 million funding in grants, donate technology, and enable volunteers to deliver 2.5 million volunteer . In 2016, he received the first-ever Diversity Legacy Award from the California Minority Counsel Program and Villanova Law Schools Charles Widger Award for Outstanding Public Service and Professional Excellence. [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. Marc Russell Benioff is popularly known as the chairman, CEO, and co-founder of the well-known software company Salesforce. "[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. from the University of Washington. [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. How to be Extra Cautious with Your Skin during Seasonal Transitions? Benioff has a net worth of $7.85 billion, Bloomberg estimates. In 2014, Ms. Benioff was honored by Mayor Ed Lee as one of San Franciscos Women of the Year. She received a B.S. So would a single adult with an annual salary of $82,000. [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. 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. 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. Background: Mr. Benioff founded salesforce.com, a customer-relationship management provider and cloud-computing company. He previously worked at Oracle Corporation for 13 years, where he was the youngest vice president in company history. Lynne Benioff is the co-chair of TIME and active on the boards of several organizations. Marc and Lynne Benioff's $20 million gift to USC supports - USC News The cookie is used to store the user consent for the cookies in the category "Analytics". Source - Forbes. [27][28], In November 2021, Benioff became co-CEO of Salesforce when Bret Taylor's promotion to co-CEO was announced. In 2011 she co-foundedStar Community Home, a short-term residential community for homeless families in San Francisco. var p = 'https:' == document.location.protocol ? Marc Benioff's Net Worth & Salary in 2022. Marc Benioff Net Worth 2023: Age, Height, Weight, Wife, Kids, Bio-Wiki She formerly chaired the Presidio Trust board Governance Committee and served as a director of Common Sense Media. 101 Marietta Street, Suite 3100 The CEO of Salesforce, Benioff seems secretive about his personal life as he has still managed to keep his personal stuff including his family life out of media limelig ht. Lynne Benioff is an American philanthropist and an independent marketing consultant who is active with a variety of health care and community foundations. [33] In 2019, the Benioffs donated $25 million to UCSF to create the UCSF Benioff Center for Microbiome Medicine; $10 million to Stanford for the Microbiome Therapies Initiative;[47] and $35 million to establish a Prostate Cancer Research Initiative at UCSF. 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. 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. Top beneficiary: The University of California at San Francisco Benioff Childrens Hospital. We also use third-party cookies that help us analyze and understand how you use this website. Lenore Leni Eccles began her career in education in various roles including high school principal, counselor, and advisor for a university graduate school. var qs = Object.keys(params).reduce(function(a, k){ a.push(k + '=' + encodeURIComponent(params[k])); return a},[]).join(String.fromCharCode(38)); This website uses cookies to improve your experience while you navigate through the website. Sign up to receive the latest events, news, and features from the Presidio, and then come visit us! 2. https://t.co/gx6kXPKTVx Bravo, #LynneBenioff & @Benioff ???? However, it is known to all that he and his wife have together involved in many philanthropic activities. This all happened at a Christies auction, where he was caught up in a bidding war and ultimately won. How to Equip Yourself Before an MRI Scan? Happy Valley: Who Are Rhys Connah Parents? As the founder, CEO, and Chairman of the cloud computing company salesforce.com, he has made waves in the tech industry. Lynne and her husband Marc, have two children; daughters. 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. In the year 1986, he was also a member of the Tau Kappa Epsilon fraternity. Necessary cookies are absolutely essential for the website to function properly. You also have the option to opt-out of these cookies. d.getElementById("contentad480652").appendChild(s); Fitness Guru, Austin Alexander Burridge, Reviews 5 Ways to Improve the Quality of Workouts, The best Vegan protein Shakes in 2023 and its health benefits Tried and Tested. Marc and Lynne Benioff Donate $35M to UCSF, Stanford to Advance After doing our research, details about her parents are not available and it is also not known if she has any siblings. Guests did indeed . According to the article in INFORMATIONCRADLE, it is informed that in the month of January 2012, Marcs father passed on. He is also a second cousin of the famous television writer and showrunner David Benioff, popularly known for Game of Thrones. var params = Lynne Benioff, chair of the Presidio Trust board, is the co-chair of TIME and active on the boards of several organizations. 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 Childrens Hospitals, Common Sense Media and the Benioff Ocean Initiative. Over the past two decades, her focus has been public service, working on governance, resource optimization, collaboration, and strategic planning. Outside of Salesforce, Benioff and his wife Lynne are involved in . He also has been recognized on many platforms, President Bush provided Benioff as the co-chairperson of the Presidents Information Technology Advisory Committee in 2003. Information related to his family life, including his pre-marital and post-marital happenings have been very less publicized. Marc Benioff is Chair, Chief Executive Officer and Co-Founder of Salesforce and a pioneer of cloud computing. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". By Catherine Bigelow Catherine Bigelow/Special to The Chronicle. Mothernode Chair & CEO Mar 1999. These cookies track visitors across websites and collect information to provide customized ads. Save my name, email, and website in this browser for the next time I comment. Lynne Benioff is Elected Chair and Mark Buell is Elected - Presidio Marc Benioff is an American internet entrepreneur, with a net worth of $8.8 billion as of May 2020. As Chief Operating Officer, she leads marketing communications, government affairs, administration + procurement, IT, and the Project Management Office. Lynne lives in San Francisco, Californi, together with her husband and two daughters. Her height will be listed once we have it from a credible source. var params = [48], In 2016, Benioff announced a $10 million donation to the University of California - Santa Barbara to establish the Benioff Ocean Initiative. Marc Benioff is currently married to his wife, Lynne Benioff, and the couple has been together for a very long time. According to Meredith, the sale of Time to the Benioffs is expected to close in the next 30 days. Marc Benioff, Salesforce CEO, donates $30 million to University of Benioffs, Salesforce pledge $300 million to protect forests and fight [31], Benioff has co-written four books about business and technology. 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. Mark W. Buell, vice chair of the Presidio Trust board, is a native San Franciscan whohas spent 35 years in public and private real estate development. San Francisco October 28, 2021 Marc and Lynne Benioff today announced $200 million in new climate investments toward reforestation and restoration effortsestablishing the first-of-its-kind $100 million Benioff TIME Tree Fund and committing $100 million in investments from TIME Ventures, the Benioffs' investment fund. in Business Administration from the University of Southern California, where he is on its Board of Trustees. Meredith said it plans to use proceeds from sale of Time mag to pay down debt. The five-year initiative with the University of California at San Francisco aims to find new approaches to housing and services for people experiencing homelessness and to create a centralized library of existing research on the subject. Lynne Benioff is an independent marketing consultant and philanthropist. [3], Benioff founded Salesforce in 1999[15] in a San Francisco apartment and defined its mission in a marketing statement as "The End of Software. 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. Salesforce CEO Marc Benioff and his wife are buying Time Magazine . Lynne Benioff, Marc Benioff, Nancy Pelosi and Paul Pelosi attend the Time 100 Gala 2019 at Jazz at Lincoln Center on April 23, 2019 in New York City. Lynne is married to Marc Benioff. This time it's Salesforce CEO Marc Benioff and his wife Lynne Benioff. [8][9], Benioff is a second cousin of showrunner and television writer David Benioff, known for Game of Thrones. Marc and Lynne Benioff ink $190M acquisition of Time magazine As he is a reputed American entrepreneur his primary source of income comes from his business (Salesforce Inc.). d: "ZWNlbGVicml0eWZhY3RzLmNvbQ==", StarsInformer - Everything About Celebrities Ms. Benioff received a B.S. The Benioffs previously gave the hospital $100-million in 2010. One of the goals of Benioffs research initiative is to help guide San Francisco in how to use the $300 million generated by Proposition C, if it is approved, the San Francisco Chronicle reported. The stratospheric rise of Marc Benioff and Salesforce | Fortune Board and Executive Team | Presidio - San Francisco, CA Previously, Jean was Chief of the San Mateo County Health System and CEO of the San Francisco Health Plan, which developed a first-in-the-nation program providing affordable health care to all uninsured San Franciscans. Lynne Benioff: Daughter and Son: Yes (N/A) Salary: Not Known: Net Worths: $8 billion: Marc Russell Benioff Age and Birth Information.