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 . 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. [44][45][46], In 2010, the Benioffs donated $100 million to UCSF Children's Hospital. Read stories about extraordinary volunteers, innovative nonprofits and community-minded companies, and get inspired by those who are making a difference in their communities and around the world. Marc Benioff is a well-known American internet entrepreneur and has been married to Lynne Benioff. The Benioffs will personally contribute $200 . As he is a reputed American entrepreneur his primary source of income comes from his business (Salesforce Inc.). In total, the couple has pledged $66 million to tackling homelessness in San Francisco, including more than $6 million to renovate the Bristol Hotel to create new units of housing for formerly homeless people and $11.5 million to the Hamilton Families Heading Home Campaign. Lynne and Marc Benioff at the Maritime Museum for the Fourth of July party hosted by Mayor Ed Lee. Ms. Benioff was honored by Mayor Ed Lee as one of San Franciscos Women of the Year in 2014. Marc is married to his gorgeous wife, Lynne Benioff. Benioff graduated High School in 1982 from Burlingame High School. Michael Boland, Chief Park Officer, joined the Presidio Trust in 2001 and has played a key role in transforming the Presidio from a historic Army post to a world class national park site. The Presidios transformation reached a high point with the 2022 opening of Presidio Tunnel Tops, 14 acres of trails, gardens, overlooks, and youth play spaces built atop a reclaimed highway tunnel. In 2011 she co-foundedStar Community Home, a short-term residential community for homeless families in San Francisco. [31], Benioff has co-written four books about business and technology. During the year 1986 (13 years before Salesforce), he spent as a protege of Larry Ellison at database software giant Oracle. Sun Necklace Perfect Minimalist Jewelry at Shokoro, Plant-Based Menus You Must try when ordering ready made family meals online, Spring Vegetable Panzanella with Poached Eggs, 6 Tips To Help You Talk To Girls Successfully, Many Different Trans Dating Sites You Can Review, 5 Signs Youre Spending Too Much Time With Your Partner. d: "ZWNlbGVicml0eWZhY3RzLmNvbQ==", Birdeye Investor Dec 2015. Due to her significant contribution to the relevant field, she was acknowledged as one of San Franciscos Women of the Year in the year 2014 by Mayor Ed Lee. [3][4], Benioff was raised in a Jewish family[5][6] in the San Francisco Bay Area. In 2014, Ms. Benioff was honored by Mayor Ed Lee as one of San Franciscos Women of the Year. In 2020, she and her husband, Marc, received a George H.W. We connect individuals and families with local opportunities to make a difference. 2023 Points of Light. s.src = p + "://api.content-ad.net/Scripts/widget2.aspx?" As the founder, CEO, and Chairman of the cloud computing company salesforce.com, he has made waves in the tech industry. [34], In 2003, President Bush appointed Benioff co-chair of the President's Information Technology Advisory Committee. Marc and his wife later donated the statue to the Bishop Museum in Honolulu. For nearly a century, it was published weekly, but starting in March 2020 it transitioned to every other week. from Colby College and an M.B.A from the Kellogg School of Management at Northwestern University. 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, and the Benioff Ocean Initiative. ( Marc & Lynne Benioff) (2018-present) Time (stylized in all caps) is an American news magazine based in New York City. Marc Benioff's company, Salesforce, threw in $100 million more . Top beneficiary: The University of California at San Francisco Benioff Childrens Hospital. 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. Marc Benioff is not dating . A June report from the Department of Housing and Urban Development found a family of four living off $117,400 a year in San Francisco would qualify as low-income. cb: (new Date()).getTime() This cookie is set by GDPR Cookie Consent plugin. Its the latest case of tech money stepping in to take stewardship of a journalism franchise. 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. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. [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. The couple paid $190 million in cash for the 95-year-old newsmagazine, which has over 2 million subscribers. Under Benioffs leadership, Salesforce is the #1 provider of Customer Relationship Management (CRM) software globally. [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. Post-Workout Nutrition Advice to Make the Most of Your Sweat Session! 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. The Board acts only as a body, taking actions by vote. Marc Russell Benioff Biography. . Marc Benioffs huge net worth & salary is the result of his entrepreneurship & leadership style. She is also on the Overseers Board at the Hoover Institution. [17] Benioff extended Salesforce's offerings in the early 2000s with the idea of a platform that allowed developers to create applications. After serving as CFO, COO, and then President of Standard Beverage Corporation, Rich become a contract CFO for distribution and real estate technology companies. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. He holds a B.A. Fridays. 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. Although their marriage date is not available, we still know that they are a happy couple. Meme Explained. in political science from U.C. In a major shakeup at . She was Levi Strausss Global Retail Division Chief Financial Officer, Vice President of Finance for Sephora, Vice President of Finance during the Initial Public Offering for Stitch Fix, and the Chief Financial Officer for Recology, a 100% employee-owned environmental services organization. At Points of Light, we inspire, equip and connect nonprofits, businesses and individuals ready to apply their time, talent, voice and resources to solve societys greatest challenges. However, Marc Benioffs family life and marriage detail are still under wrap. Lynne Benioff is an American philanthropist and an independent marketing consultant who is active with a variety of health care and community foundations. How much is his salary? The couples charitable activities began several years before in 2008 when they welcomed their daughter battling with the complicated pregnancy at UCSF hospital. [10] He is married to Lynne Benioff and has two children. The family lives in San Francisco, California. Information related to his family life, including his pre-marital and post-marital happenings have been very less publicized. [8][9], Benioff is a second cousin of showrunner and television writer David Benioff, known for Game of Thrones. According to the article in INFORMATIONCRADLE, it is informed that in the month of January 2012, Marcs father passed on. The real name of this Entrepreneur is Marc Russell Benioff. The lovely couple has given birth to two gorgeous daughters together. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Lynne Benioff Husband. 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. [39], In 2014, Fortune readers voted him "Businessperson of the Year. Save my name, email, and website in this browser for the next time I comment. In 2020, Ms. Benioff was honored by the AFP Golden Gate Chapter on National Philanthropy Day with an Outstanding Fundraising Volunteer Award for her work as the co-chair of the Presidio Tunnel Tops campaign. Benioff is the founder, chairman and co-chief executive officer of Salesforce, a provider of customer services software. We have far more to learn about designing the most effective ways to prevent and end homelessness.. This field will be updated as soon as information from a reliable source is available. Marc is the founder, chairman and CEO of salesforce.com, a cloud computing company. He is the son of late Russell Benioff, the president of Stuart's Apparel of San Jose and mother, Joelle. In 2014, Ms. Benioff was honored by Mayor Ed Lee as one of San Franciscos Women of the Year. She received a B.S. [14] He joined Oracle Corporation in a customer-service role after graduating. She is a graduate of Yale University, and Yale Law School, and the National Outdoor Leadership School (NOLS). In 2011, she co-founded Star Community Home, a short-term residential community for homeless families in San Francisco. Lynne Benioff: Kids/Children Name: 2: Profession: Businessman: Net Worth: $10 Billion: Last Updated: February 2023: Marc Russell Benioff or popularly known as Marc Benioff is an American internet entrepreneur. She likes to keep her personal matters away from the public eye making it difficult to know her age. Marc is the founder, chairman and CEO of salesforce.com, a cloud computing company. Lynne Benioff is an American philanthropist and an independent marketing consultant who is active with a variety of health care and community foundations. Lynne Benioff is the co-chair of TIME and active on the boards of several organizations. from the University of Washington. In 2014 she was honored by Mayor Ed Lee as one of San Franciscos Women of the Year. Required fields are marked *. Michael holds a bachelor of arts in architecture, a masters degree in landscape architecture, and a masters degree in city and regional planning from the University of California at Berkeley. Mr. Buell is a former board president of the Golden Gate National Parks Conservancy and currently co-chairs the Presidio Tunnel Tops Campaign Committee with Presidio Trust board chair Lynne Benioff. 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. Your email address will not be published. Lynne Benioff is an independent marketing consultant and philanthropist. Trending. var params = d.getElementById("contentad480652").appendChild(s); More details are under review and it will be refurbished for you as quickly as possible. Your email address will not be published. Lynne Benioff is an independent marketing consultant and philanthropist. He has come from Jewish family. Movies. Read the full story. [50], In 2019, the Benioffs donated $30 million to the Center for Vulnerable Populations for the Benioff Homelessness and Housing Initiative to study the impacts of homelessness, housing, and health. [32] In 2009, he co-wrote Behind the Cloud: The Untold Story of How Salesforce.com Went from Idea to Billion-Dollar Company and Revolutionized an Industry, also with Carlye Adler. [65], In April 2015, Benioff announced that he would review salaries at Salesforce to ensure men and women were paid equally. In 1999, when Salesforce founder Marc Benioff established the company's 1-1-1 philanthropic model, the foundation sought to increase its charitable dedications through 1% of the Salesforce's equity, 1% of its product, and 1% of the employees' time. Salesforce on Thursday announced $300 million in new climate-related commitments from the company and its CEO Marc Benioff, along with his wife, Lynne. Read more: Greg Gutfeld Illness Is He Sick? He helped invent a a whole new category of tech called "software-as-a . From the University of Southern California, he received his Bachelors degree of Science in business administration. 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. Marc Benioff Time Magazine. At the age of 14, he sold his first piece of software, How to Juggle, for $75. Lynne Benioff is an American philanthropist and an independent marketing consultant who is active with a variety of health care and community foundations. As of 2022, Marc Benioff net worth is estimated to be over $6.5 billion. Benioff was named Innovator of the Decade by Forbes and is recognized as one of the Worlds 25 Greatest Leaders by Fortune and one of the 10 Best-Performing CEOs by Harvard Business Review. She graduated with a bachelors degree in science from the reputed University of Washington. Amount donated in 2010: $100-million Beneficiary: University of California at San Francisco Children's Hospital Donors' background: Mr. Benioff founded Salesforce.com, a technology company in San Francisco. The 50-year-old Mr. Benioff and his wife, Lynne, gave most of their charitable dollars to the University of California at San Francisco Benioff Childrens Hospital. 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. The couple has two daughters. Points of Light reports and toolkits share best practices and innovative ideas to equip individuals and organizations to make a difference. Carole McNeil,a San Francisco Bay Area native, is Chairman and Strategic Director of McNeil Capital, which invests in a wide range of real estate, venture capital, and biotech interests. 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. [33] In 2019, he again co-wrote Trailblazer: The Power of Business as the Greatest Platform for Change, with Monica Langley. { Lynne Benioff, 43, was a publicist during the dot-com boom. 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. Last year, he promoted Proposition C, a local ballot measure that would tax large companies based in San Francisco and use those funds to help combat homeless. [48], In 2016, Benioff announced a $10 million donation to the University of California - Santa Barbara to establish the Benioff Ocean Initiative. Outside of Salesforce, Benioff and his wife Lynne are involved in . Marc Benioff With Wife Lynne Benioff. })(document); (function(d) { However, it is known to all that he and his wife have together involved in many philanthropic activities. . Movies. Rebecca Hampton Height, Age, Boyfriend, Family, Biography & More. Marc Benioff Time Magazine. Menu. People and his relatives often call him Marc Benioff. Marc Benioff Wiki, Biography, Age as Wikipedia. Mark Laret, . Analytical cookies are used to understand how visitors interact with the website. Required fields are marked *. #143 Marc Benioff on the 2022 Forbes 400 - Salesforce CEO Marc Benioff owns about 4% of the cloud computing software firm he cofounded in 1999. . Lynne is a marketing consultant and a philanthropist. Health Update Age And Family Details, What Is Wrong With Marjorie Taylor Greene Toes And Feet? [70], In September 2021, Benioff announced that Salesforce would relocate any Texas employees who wanted to move after an abortion law went into effect.[71][72]. By Kate Vidinsky. Learn about public board of directors meetings, planning workshops, and more. The household lives in San Francisco, California. She is publicly known as Lynne Benioff. In the year 2023, According to Forbes Marcs net worth is at least 6.8 Billion Dollars. a shining purpose, the illumination of a Thousand Points of Light, Learn About the Points of Light Global Network, See How We Recognize Individual Volunteers, 2023 Points of Light Conference, June 14-16, Find a Volunteer Opportunity or Start a Project, Build or Grow Your Employee Volunteer Program. These cookies will be stored in your browser only with your consent. 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. He is also a member of the Advisory Board for the Smithsonian Institutes Center for Folklife and Cultural Heritage. We are part of the World Economic Forum's work to accelerate nature-based solutions in support of the UN Decade on Ecosystem Restoration (2021-2030), supported by funding from Marc and Lynne Benioff. According to Meredith, the sale of Time to the Benioffs is expected to close in the next 30 days. SAN FRANCISCO, Oct. 28, 2021 /PRNewswire/ -- Marc and Lynne Benioff today announced $200 million in new climate investments toward reforestation and restoration effortsestablishing the first-of . She holds an undergraduate degree in human biology and an M.B.A from Stanford University and is an Aspen Institute First Movers Fellow (class of 2011-12). Remarkable philanthropies of Marc Benioff and his wife Lynne (Krilich) Benioff, Cancer news broke Tom Brokaw family but support from his wife and daughter deepened their love.
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