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. . Marc is married to his gorgeous wife, Lynne Benioff. [7] He graduated from Burlingame High School in 1982. Ms. [8][13], While at USC, Benioff had an internship as a programmer at Apple. [10] He is married to Lynne Benioff and has two children. [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. MARC AND LYNNE BENIOFF Net worth: $6.9 billion Source of wealth: . Benioff received a B.S. Lynne Benioff is an American philanthropist and an independent marketing consultant who is active with a variety of health care and community foundations. 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. Overview. Marc Benioff Time Magazine. [43], In addition to founding Salesforce in 1999, Benioff also founded the Salesforce Foundation. 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. 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 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. Lynne and Marc Benioff at the Maritime Museum for the Fourth of July party hosted by Mayor Ed Lee. Mr. Benioff, 46, and his wife, Lynne, pledged $100-million to the University of California at San Francisco Children's Hospital for a new building, to be named for the couple. + qs; He received The economists Innovation Award in the year 2012 and Fortune readers voted him Businessperson of the Year in 2014. Marc Benioff With Wife Lynne Benioff. [51], 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. var qs = Object.keys(params).reduce(function(a, k){ a.push(k + '=' + encodeURIComponent(params[k])); return a},[]).join(String.fromCharCode(38)); He also became the owner of Time magazine in 2018. The Fabulous Life Of Tech Billionaire Marc Benioff. var params = As the founder, CEO, and Chairman of the cloud computing company salesforce.com, he has made waves in the tech industry. She was appointed to the Presidio Trust board in 2015 and reappointed in 2019. She is a member of the Board of Overseers of the University of California San Francisco Foundation, the Board of Directors of UCSF Benioff Childrens Hospital Oakland, and the Board of Directors of Common Sense Media. [48], In 2016, Benioff announced a $10 million donation to the University of California - Santa Barbara to establish the Benioff Ocean Initiative. Under his leadership, his team created a comprehensive trail and overlooks network, restored the Presidios rich mosaic of natural and cultural landscapes, and established national park experiences that serve urban youth. Santa Barbara and a law degree from UCLA. ( Marc & Lynne Benioff) (2018-present) Time (stylized in all caps) is an American news magazine based in New York City. 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. The Benioffs have a profound commitment to community and to finding solutions to some of societys most complex problems, whether its building childrens hospitals or tackling homelessness, Time editor Edward Felsenthal wrote in a note to staffers Sunday, published on Times website. She was appointed tothe Presidio Trust boardin 2019. [54] In April 2021, Benioff and Salesforce sent a plane filled with medical supplies to India to help the country handle the COVID-19 pandemic. From the University of Southern California, he received his Bachelors degree of Science in business administration. Catherine (Cathy) Langridge, Chief Financial Officer, Read the latest updates about changes or things you should be aware of before visiting the Presidio >>. 2023 Points of Light. [30], As of February 2022, Benioff had an estimated net worth of US$8.31 billion according to Bloomberg Billionaires Index. She serves on the board of several organizations and was a co-founder in 2011 of a short-term residential community for homeless . Marc is the founder, chairman and CEO of salesforce.com, a cloud computing company. [3][8], While in high school, Benioff sold his first application, How to Juggle, for $75. d: "ZWNlbGVicml0eWZhY3RzLmNvbQ==", [57] Salesforce also donated $100 million to the same causes. 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. Additionally, information about Marcs family is not available as of now. Some Lesser Known Facts About Marc Benioff, Adeline Franois Height, Age, Husband, Family, Biography & More, Bob Barker Age, Controversies, Affairs, Wife, Family, Biography, Facts & More, Jess Manafort Height, Weight, Age, Husband, Biography, Family, Facts & More. Ms. 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. "[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. Age, Biography and Wiki. Marc Benioff and his wife, Lynne Benioff are active philanthropist. Is the age of Marc Russell Benioff is a mystery to you? We connect great minds and awaken communities, so that together we evolve to address the worlds changing needs. Benioff and his wife, Lynne, planned to donate $20 million anonymously to the hospital; their daughter was born at UCSF in 2008 after a complicated pregnancy. They are also committed, as Time is, to the sharing and debating of competing ideas and to journalism of the highest quality.. In March 2020, he donated 50 million pieces of personal protective equipment (PPE) for hospitals and the first COVID-19 responders in the United States followed by 1 million dollars in April 2020 to Give2SF COVID-19 Recovery and Response Fund. [57][58], In 2021, they were founding members of the World Economic Forum's Friends of Ocean Action initiative, providing approximately $11 million in funding. Google investor John Doerr, Salesforce founder Marc Benioff and Airbnb cofounder Joe Gebbia all backed the New Jersey senator. Apart from being a major benefactor along with her husband in the foundation of UCSF, she also has a membership of numbers of local boards. His love life and sexuality. Source - Forbes. in political science from U.C. [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. Previously, she directed public relations campaigns at OutCast Communications. 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. 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. [34], In 2003, President Bush appointed Benioff co-chair of the President's Information Technology Advisory Committee. Appreciating life: Tom Brokaw on battle with blood cancer. Mr. and Mrs. Benioff has pledged 350 million dollars in a donation to the University of California, San Francisco, for the quality development of research, childrens and hospital. 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. Over seven years, he was active in managing LRICO's operating companies, including Dean + Deluca and Standard Beverage Corporation. Atlanta, GA 30303. She is a simple person and never likes to attract public attention by publicly displaying her wealth. The purchase of Time Magazine is fully separate from Salesforce.com, which sells services to help companies manage sales and customer service. After serving as CFO, COO, and then President of Standard Beverage Corporation, Rich become a contract CFO for distribution and real estate technology companies. Lynne is a marketing consultant and a philanthropist. Movies. Your email address will not be published. var params = Currently, Marc is working as the CEO of the company. . From 1998 to 2003, Lynne was the Director of Public Relations Campaigns at OutCast Communications. 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. . 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. 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,. Ms. Benioff co-founded Star Community Home in 2011, a short-term residential community for . 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 limelight. 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, and the Benioff Ocean Initiative. Benioff was named "Innovator of the Decade" by Forbes and is recognized as one of the World's 25 Greatest . Marc is the founder, chairman and CEO of salesforce.com, a cloud computing company. [3][4], Benioff was raised in a Jewish family[5][6] in the San Francisco Bay Area. He has come from Jewish family. })(document); We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Benioff has a net worth of $7.85 billion, Bloomberg estimates. We have deep respect for their organization & honored to be stewards of this iconic brand.. Points of Light reports and toolkits share best practices and innovative ideas to equip individuals and organizations to make a difference. As of 2022, Marc Benioff net worth is estimated to be over $6.5 billion. Lynne Benioff is an independent marketing consultant and . Under Benioffs leadership, Salesforce is the #1 provider of Customer Relationship Management (CRM) software globally. He is also a second cousin of the famous television writer and showrunner David Benioff, popularly known for Game of Thrones. We also use third-party cookies that help us analyze and understand how you use this website. The Benioffs will personally contribute $200 . The Benioffs purchase of Time magazine is fully separate from Salesforce.com, which sells services to help companies manage sales and customer service. In this company, it is estimated that he has . 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. Homelessness in San Francisco is exacerbated by income inequality and notoriously high housing costs. In June 2015, President Obama introduced 3 new members to the board that helps run the national park including Ms. Benioff. This time it's Salesforce CEO Marc Benioff and his wife Lynne Benioff. [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. . [65], In April 2015, Benioff announced that he would review salaries at Salesforce to ensure men and women were paid equally. In the . He was the son of parents Joelle Benioff and Russell Benioff. Marc Russell Benioff Biography. Miner is also on the advisory panel for San Franciscos Grants for the Arts and is a member of Earthjustice Actions board of directors. Marc Russell Benioff 1964 925 - . Birdeye Investor Dec 2015. How much is his salary? 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. From humble beginnings, a kid that liked to tinker with electronics and write computer programs, Benioff has built one of the world's most admirable companies from the ground up. 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 details about age or date of birth are not known. }; People and his relatives often call him Marc Benioff. The family lives in San Francisco, California. The Benioffs gift is the largest-ever private donation for homelessness research, according to a news release from the university. He previously worked at Oracle Corporation for 13 years, where he was the youngest vice president in company history. [27][28], In November 2021, Benioff became co-CEO of Salesforce when Bret Taylor's promotion to co-CEO was announced. Time Editor-in-chief Ed Felsenthal is expected She is a graduate of Yale University, and Yale Law School, and the National Outdoor Leadership School (NOLS). Its the latest case of tech money stepping in to take stewardship of a journalism franchise. Respected for her direct and honest approach, she inspires action while being grounded in data. The cookie is used to store the user consent for the cookies in the category "Other. Under her leadership, the Presidio Trust has restored dozens of acres of park land, opened the award-winning Presidio Tunnel Tops, and run profitable real estate and hospitality businesses that fund the park. It does not store any personal data. Under the provisions of the Presidio Trust Act, six members of the Presidio Trust Board are appointed by the President of the United States. However, Marc Benioffs family life and marriage detail are still under wrap. He is also a member of the Advisory Board for the Smithsonian Institutes Center for Folklife and Cultural Heritage. 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. 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. 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 . from the University of Washington. $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 . id: "36f20c3a-77f4-4051-a0e0-5744b04fc35f", [49], In 2017, the Benioffs partnered with the US National Fish and Wildlife Foundation and the National Oceanic and Atmospheric Administration to form the Pacific Islands Research and Conservation Programme. These cookies will be stored in your browser only with your consent. She is an independent marketing consultant and philanthropist active with health care and community foundations. [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. [44][45][46], In 2010, the Benioffs donated $100 million to UCSF Children's Hospital. Analytical cookies are used to understand how visitors interact with the website. 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. Jean serves on the boards of KQED, SPUR (San Francisco Planning + Urban Research), and The Climate Center. Benioff worked at Oracle for 13 years before leaving the company to work on Salesforce full time. He is the founder, chairman and CEO of Salesforce, an enterprise cloud computing company. [39], In 2014, Fortune readers voted him "Businessperson of the Year. The whole world knows how generously he and his wife have involved in philanthropies. Pilates: The CelebrityApproved Workout That Can Help You Stay Lean, Long, and Lithe! Trending. In 2011, she co-founded Star Community Home, a short-term residential community for homeless families in San Francisco. I'm a new SEO article writer, passionate about creating content that drives powerful results. For his leadership on equality, Benioff has been honored by GLAAD, the Billie Jean King Leadership Initiative and Variety Magazine with its EmPOWerment Award. Most of them aren't donating to local COVID-19 relief", "Salesforce to send plane load of medical supplies to India: Founder Marc Benioff", "Salesforce Billionaire Marc Benioff Pledges $200 Million For Reforestation, Climate Entrepreneurs", "Marc and Lynne Benioff, Salesforce donate $300M to encourage climate action", "No. + qs; 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. Time USA, LLC. From 1998 to 2003, Lynne was the Director of Public Relations Campaigns at OutCast Communications. [56] In October 2021, Benioff pledged a $200 million donation to plant trees and fund ecologically-focused entrepreneurs. They also gave $500,000 to the California Endowment for legal representation, trauma counseling, and other services for unaccompanied children in California who have emigrated from Central American countries. As of 2023 he is 58 years old. var qs = Object.keys(params).reduce(function(a, k){ a.push(k + '=' + encodeURIComponent(params[k])); return a},[]).join(String.fromCharCode(38)); She has not revealed her maiden name to the public. Lynne has not revealed her net worth. Meme Explained. Details of when the couple got married are not known; they have managed to keep their family life private. Lynne Benioff is an American philanthropist and an independent marketing consultant who is active with a variety of health care and community foundations. She was educated at the University of Washington, where she received her Bachelor of Science degree. [8] Benioff worked at Oracle for 13 years in a variety of sales, marketing, and product development roles. 'https' : 'http'; The relevant information is still under review. Additionally, she endowed a joint chair between the Hoover Institution and the Economics Department at Stanford University, a first-ever creative association. From 1998 to 2003, Lynne was the Director of Public Relations Campaigns at OutCast Communications. He holds a B.A. 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. Lynne Benioff, chair of the Presidio Trust board,is the co-chair of TIME and active on the boards of several organizations. After doing our research, details about her parents are not available and it is also not known if she has any siblings. Marc Russell Benioff is popularly known as the chairman, CEO, and co-founder of the well-known software company Salesforce. By Kate Vidinsky. 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). He is the founder, chairman and CEO of Salesforce, an enterprise cloud computing company. In the year 2023, According to Forbes Marcs net worth is at least 6.8 Billion Dollars. Diana Simmons, Chief Operating Officer,was born and raised in northern California and has spent her career focused on purpose-driven organizations. [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. Although their marriage date is not available, we still know that they are a happy couple. 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. Benioff was born on 25 September 1964, in San Francisco, California. 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. Three years later, he became the youngest person in the company's history to earn the title of vice president. Meredith said it plans to use proceeds from sale of Time mag to pay down debt. Marc and his wife Lynne, bought Time Magazine, in 2018. Mr. Buell is a decorated Vietnam War veteran. Lynne Benioff is an independent marketing consultant and philanthropist active with several health care and community foundations. 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. As of June 2020, he owned 3.36% of Salesforce shares, worth $4.8 billion. Menu. 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. She later served as director of a healthcare organization, working also with its national affiliates. But Benioff, whose cloud software company Salesforce is the largest employer in San Francisco, has become a prominent voice on the issue. The cookie is used to store the user consent for the cookies in the category "Analytics". Marc Benioff is a well-known American internet entrepreneur and has been married to Lynne Benioff. and Mrs. Benioff will not be involved in the day-to-day operations or journalistic decisions, which will continue to be led by Times current executive leadership team, Meredith said in announcing the deal Sunday. Benioff founded Salesforce in 1999, and it is now a Fortune 150 . Ms. McNeil resides in San Francisco. Instantly after this gloomy incident, the generous couple decided to contribute $20 million to the hospital without public announcement. 71 20205 [1] . The household lives in San Francisco, California. How to be Extra Cautious with Your Skin during Seasonal Transitions? The Benioffs bear two children of their own. Menu. 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But opting out of some of these cookies may affect your browsing experience. The American Philanthropist also serves as a member of boards of directors on various companies and organizations such as Benioff Ocean Initiative, Forward, The Rise Fund, and Common Sense Media. She is the wife of American billionaire Marc Benioff, he is an internet entrepreneur serving as the chairman and CEO of Salesforce. During the year 1986 (13 years before Salesforce), he spent as a protege of Larry Ellison at database software giant Oracle. var s = d.createElement('script'); s.type='text/javascript';s.async=true; Save my name, email, and website in this browser for the next time I comment. Ms. #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. . She was appointed to the Presidio Trust board inJune 2021. 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 . Lynne Benioff is known for Paper & Glue (2021) and Untitled Kanye West Documentary (2022). With a net worth of $80 million, he is among the richest journalist. TV Shows. [59], Marc and Lynne Benioff have been included in lists of top givers by Forbes and the Chronicle of Philanthropy. As he is a reputed American entrepreneur his primary source of income comes from his business (Salesforce Inc.). At the age of 14, he sold his first piece of software, How to Juggle, for $75. [19][20][21][22][23] In 2021, two companies Time Venture backed, Planet Labs and IonQ, went public. Catherine (Cathy) Langridge, Chief Financial Officer, joined the Presidio Trust in 2022. According to the article in INFORMATIONCRADLE, it is informed that in the month of January 2012, Marcs father passed on. Cathy has a deep commitment to science and conservation. We help nonprofits recruit, train and manage community volunteers. Marc was named a Young Global Leader by the World Economic Forum in the year 2009. { Outside of Salesforce, Benioff and his wife Lynne are involved in . Information related to his family life, including his pre-marital and post-marital happenings have been very less publicized. He is the CEO and Chairperson at Salesforce Inc and he solely owns about 27,753,609 shares (CRM stock) of his company which is worth over 6.5 Billion Dollars. However, it is known to all that he and his wife have together involved in many philanthropic activities. 3 Best Diets For Overall Well-Being In 2023. At the Presidio Trust, he oversees the parks commercial, residential, and hospitality real estate assets. The Benioffs previously gave the hospital $100-million in 2010. He is president of the San Francisco Recreation and Park Commission and president of the Marin Community Foundation. Lynne lives in San Francisco, Californi, together with her husband and two daughters. Word is that Lynne Krilich, who married the publicity-mongering web billionaire on the Big Island of Hawaii on June 10th, didn't want their wedding to be a big public affair. [8][9], Benioff is a second cousin of showrunner and television writer David Benioff, known for Game of Thrones. The UCSF Benioff Homelessness and Housing Initiative will be that North Star, providing the latest research, data and evidence-based solutions to ensure were investing in programs that will help solve the homelessness crisis..

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lynne benioff biography