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Marc benioff lynne benioff biography

Marc Benioff

American businessman (born 1964)

Marc Uranologist Benioff (born September 25, 1964)[2] is an American internet go-between and philanthropist. Benioff is first known as the co-founder, administrator and CEO of the package company Salesforce, as well restructuring being the owner of Time magazine since 2018.[3][4]

Early life deed education

Marc Russell Benioff was foaled on September 25, 1964, direct the San Francisco Bay Area.[5] He is the grandson come within earshot of Marvin Lewis, a California proof attorney and member of illustriousness San Francisco Board of Supervisors who championed the creation jurisdiction the Bay Area Rapid Movement (BART) system.[6][7] Benioff grew get bigger in Hillsborough[8] and graduated spread Burlingame High School in 1982.[9] Benioff received a Bachelor be more or less Science in business administration elude the University of Southern Calif., where he was a participator of the Tau Kappa Epsilonfraternity, in 1986.[9][10]

Career

While in high academy, Benioff sold his first pitch, How to Juggle, for $75.[9] In 1979, when he was 15, Benioff founded Liberty Package, creating and selling games much as Flapper and King Arthur's Heir for the Atari 8-bit.[9][11][12] Royalties from these games helped Benioff pay for college.[9][13]

While unbendable USC, Benioff had an internship as a programmer at Apple where he wrote assembly edict for the Macintosh.[14][15] He connubial Oracle Corporation in a customer-service role after graduating.[9] Benioff unnatural at Oracle for 13 time in a variety of commercial, marketing, and product development roles.[3] At 23, he was given name Oracle's Rookie of the Class, and later became the youngest vice president in the company's history.[3]

Benioff founded Salesforce in 1999,[16] while working from a San Francisco apartment.

He defined hang over mission in a marketing fees as "The End of Software."[17] This was a slogan unquestionable frequently used to preach estimated software on the Web; right was used too as boss guerilla marketing tactic against description dominant CD-ROM-based customer relationship governance (CRM) software provider at justness time, Siebel.[18] Benioff extended Salesforce's offerings in the early 2000s with the idea of dexterous platform that allowed developers hard by create applications.[19] As of 2024, Salesforce is one of leadership biggest employers in San Francisco[20] and the anchor tenant lecture Salesforce Tower, the tallest chattels in San Francisco.[21]

Benioff also serves on the World Economic Forum's board of trustees and USC board of trustees.[3][5] On Sep 16, 2018, Marc and sovereignty wife Lynne bought Time on line for $190 million.[4] In 2019, Benioff started Time Ventures, a chance capital fund that has endowed in multiple companies, including Land Fusion Systems, Universal Hydrogen captain NCX.[22][23][24][25][26] In 2021, two companies Time Venture backed, Planet Labs and IonQ, went public.[27][28][29] Benioff is a member of probity Business Roundtable, an advocacy set of CEOs, and the Work Council.[30][31] In November 2021, Benioff became co-CEO of Salesforce in the way that Bret Taylor's promotion to co-CEO was announced.[32] One year afterwards, Bret Taylor stepped down chimp Salesforce co-CEO, leaving Marc Benioff as sole CEO again.[33] Rightfully of February 2022, Benioff esoteric an estimated net worth objection US$8.31 billion according to Bloomberg Billionaires Index.[34]

In January 2023 Benioff announced the mass dismissal emblematic approximately 7,000 Salesforce employees alongside a two-hour all-hands meeting go with a call, a course supplementary action he later admitted difficult to understand been a 'bad idea'.[35]

Co-written work

Benioff has co-written four books transport business and technology.

In 2004, he co-wrote Compassionate Capitalism: In whatever way Corporations Can Make Doing Trade event an Integral Part of Familiarity Well with Karen Southwick.[36] Bond 2006, he co-wrote The Break of Changing the World: 20 Great Leaders on Strategic Theatre company Philanthropy with Carlye Adler.[36] Pulse 2009, he co-wrote Behind prestige Cloud: The Untold Story boss How Salesforce.com Went from Impression to Billion-Dollar Company and Revolutionized an Industry, also with Carlye Adler.[37] In 2019, he besides co-wrote Trailblazer: The Power clamour Business as the Greatest Stage for Change, with Monica Langley.[36] The book became a New York Times bestseller.[38]

Recognition

In 2003, Guide George W.

Bush appointed Benioff co-chair of the President's Wisdom Technology Advisory Committee.[39] In 2009, Benioff was named a Pubescent Global Leader by the Sphere Economic Forum, and is efficient member of its board shambles trustees.[40][41] In 2012, he was named one of the "Best CEOs in the World" chunk Barron's[42] and received The Economist's Innovation Award.[43] In 2014, Fortune readers voted him "Businessperson hillock the Year."[44] In 2016, Fortune named him one of integrity "World's 50 Greatest Leaders."[45] Anxiety 2019, he was recognized likewise one of the 10 Best-Performing CEOs by Harvard Business Review[46], and was elected to continue a member of the Official Academy of Engineering.[47]

Benioff was labelled CNN Business CEO of 2020.[48] He was appointed a Rider of the Legion of Gaze by the French government seep in 2022.[49][50]

Philanthropy

In addition to founding Salesforce in 1999, Benioff also supported the Salesforce Foundation.

The base uses a "1-1-1" approach condemnation corporate philanthropy, where the business gives one percent of 1 time as volunteer hours, pooled percent of its product take one percent of its proceeds to charitable causes.[51][52][53]

From 2010 shabby 2019, the Benioffs donated put in order total of $275 million have it in mind UCSF Children’s Hospital, to insure research, and to create primacy UCSF Benioff Center for Microbiome Medicine.[54] They have also approving $10 million to Stanford Introduction for the Microbiome Therapies Enterprise, and $35 million to nobility University of California, San Francisco, to establish a prostate individual research initiative.[55]

Since 2016, Benioff has donated over $80 million primate part of the Benioff Expanse Science Initiative at the Institution of California at Santa Barbara.[56][57]

In January 2020, Benioff announced saunter he and his wife would provide financial backing for 1t.org to support a global first move to plant and conserve 1 trillion trees over the subsequent decade.[58]

Benioff procured 50 million split from of personal protective equipment fulfill hospitals and COVID-19 first responders in the United States relish March 2020.[59]

The Benioffs were installation partners of Prince William's Earthshot Prize.[60]In 2021, they were inauguration members of the World Inferior Forum's Friends of Ocean Enjoy initiative, and later pledged $300 million donation to plant grove and fund ecologically focused entrepreneurs.[61][62]

Social activism

Abortion

In September 2021, Benioff proclaimed that Salesforce would relocate set of scales Texas employees who wanted designate move after an abortion concept went into effect.[63][64]

LGBTQ issues

In Walk 2015, Benioff announced Salesforce would cancel all employee programs talented travel in Indiana after ethics passing of the Religious Liberty Restoration Act.[65] This led hug a revised version of righteousness bill being signed into concept that prohibited businesses from expensive services to someone based prize sexual orientation or gender identity.[66]

In February 2016, Benioff announced lapse Salesforce would reduce investments encompass Georgia and cancel a seminar if HB 757, a tally that would allow businesses dressingdown decline services to same-sex couples, was passed.[67] The governor vetoed the bill.[68]

Gender pay gap

In Apr 2015, after the issue was raised by Salesforce chief teachers officer Cindy Robbins, Benioff proclaimed that he would review salaries at Salesforce to ensure joe public and women were paid equally.[69] He subsequently dedicated $8 billion between 2015 and 2017 coinage “correct compensation differences by coition, race, and ethnicity across integrity company”.[70]

Homelessness

In an October 2018 ask with The Guardian, Benioff criticized other technology industry executives supplement "hoarding" their money and recusant to help the homeless trauma the San Francisco Bay Area.[71]

In 2019, the Benioffs donated $30 million to the Center financial assistance Vulnerable Populations for the Benioff Homelessness and Housing Initiative show to advantage study the impacts of insufficiency, housing, and health.[72]

In July 2023, Benioff stated[21] that San Francisco "will never go back nearby the way it was heretofore the pandemic" and recommended go city leadership convert old disclose space into housing and capture more police.

He used realm platform on X to phone for “refunding the police” profuse times in 2023.[73]

Personal life

Benioff practical married to Lynne Benioff pointer has two children. The parentage lives in San Francisco, California.[3][9] He is a second cousingerman of showrunner and television penny-a-liner David Benioff, known for Game of Thrones.[74]

A 2024 investigation spawn NPR journalist Dara Kerr support that Benioff has purchased very than 600 acres of spit in Hawaii, mostly near authority town of Waimea on Large Island.

Benioff's purchases, which totaled $24.5 million as of Feb 2024, have sparked concern amidst Waimea locals regarding rising lodgings prices.[75]

According to a Benioff proponent, the Benioffs have given maltreatment nearly 75 percent of grandeur land they’ve purchased in Island as of March 2024, with a total of 440 acreage to the non-profit Hawaii Atoll Community Development Corporation.[76]In March, Benioff donated $150 million to nifty group of Hawaii medical organizations, to build additional facilities crucial to link the Hawaii Tranquil Health system with other regional hospitals.[77][78][79]

References

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    Churchill wife biography

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    Biography christopher

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Further reading

External links

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