Salesforce CEO Marc Benioff owns about 4% of the cloud computing software firm he cofounded in 1999. . # 338 Marc Benioff $6.89B Random fact: Owns a 7,600-square-foot home in Hawaii. Ryan Aytay. This provenance, George Bennet collection, London, which has no documentary corroboration, was included in marketing materials from Christies. Salesforce CEO Marc Benioff paid $7 million to buy a carving of the Hawaiian god Ku at auction. Benioff is the founder, chairman and co-chief executive officer of Salesforce, a provider of customer . I am sure Batkid would like a ride! Sign up for our newsletter for the latest tech news and scoops delivered daily to your inbox. [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. While an executive at Oracle, he decided to take a sabbatical and rented a beach hut on the Big Island of Hawaii. [38], In 2014, Fortune readers voted him "Businessperson of the Year. Three years later, he became the youngest person in the company's history to earn the title of vice president. 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. 1st Floor Saffron House; 6-10 Kirby Street; London EC1N 8TS; United Kingdom; Asia-Pacific Headquarters. The idea for Salesforce.com came during a meeting with Ellison. By NANCY COOK LAUER West Hawaii Today | Sunday, October 11, 2020, 12:05 a.m. Kona hospital workers in May, 2020, welcome a shipment of masks from billionaire Marc Benioff. Marques Marzan, a cultural adviser at the Bishop Museum who has been coordinating the museums research, said that a date for the donated sculpture cannot be confirmed at this time., But, he added, the exhibition in which it is featured focuses on what this enigmatic Hawaiian sculpture represents to the living people today., Provenance and dates are helpful in better understanding the cultural and global context of objects, Mr. Marzan said. Heres what the first half of Is Californias drought finally over? Benioff said he learned of the piece only a day before the auction, when Danny Akaka Jr., Hawaiian cultural practitioner and Bishop Museum board member, called to ask for the billionaires help. 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. Check out this video to see the Quadski in action. 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. And so the debate, and the uncertainty, goes on. [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. All rights reserved.For reprint rights. Melia Robinson/Business Insider and Christie's. In 2012, he invited his friend Robbins to Dreamforce to do a motivational seminar complete with coals. But admirers now see him becoming Silicon Valley . ``We felt strongly that this ki'i (Hawaiian for image) belonged in Hawaii for the education and benefit of its people,'' Marc Benioff said. In addition, Marc Benioff is a great philanthropist. ``Over the years, many of Hawaii's cultural treasures have resided outside of Hawaii. Furthermore, it's a single-family home whose year of construction is 1906. [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. Salesforce CEO Marc Benioff and his wife,. Check out the Marc Benioff house below. Marc Benioff pays $7M to return rare Hawaiian war god relic to the islands, Track water shortages and restrictions across Bay Area. ``Today we can celebrate the arrival of this ki'i to Hawaii and to the Bishop Museum where it will serve as a symbol of great cultural pride as well as a reflection of Hawaii's spiritual past.''. Muhammad Ali was a professional boxer. Use Next and Previous buttons to navigate. [66] The governor vetoed the bill. This was a departure from his philanthropic endeavors. Benioff loves facing his fears in adventures like walking across hot coals with Tony Robbins. 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. 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. 33. [42], In addition to founding Salesforce in 1999, Benioff also founded the Salesforce Foundation. Benioff is a new-age guy who loves yoga and meditation. "Many things we created in our company he was the inspiration for, and guided us to.". Your email address will not be published. Despite Benioff not having any actual ties to Hawaii apart from owning property there, his obsession with the island state is now a key cultural foundation for Salesforce. The total number of rooms in this lovely home is almost ten. Benioff, who owns an estate in Hawaii, said he had to outbid a ``significant bidder,'' to get the item. By clicking Sign up, you agree to receive marketing emails from Insider "[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. But it was a big deal, he said. 5. He's been taking advantage of the high price to exercise options and sell chunks of stock to use for charity and invest in other ways. [31] In 2006, he co-wrote The Business of Changing the World: 20 Great Leaders on Strategic Corporate Philanthropy with Carlye Adler. He is the co-founder of the software company Salesforce. Jill Tucker is a San Francisco Chronicle staff writer. Benioff never did drugs but did turn to meditation to "straighten myself out a little bit," he says. Some international experts say the piece could be from the 20th century and worth less than $5,000. Its not really something that should be held to help the power of one person.. Benioff is best known as the co-founder, chairman and CEO of the software company Salesforce, as well as being the owner of the magazine Time since 2018. SaaS almost died at birth. Kona hospital workers in May, 2020, welcome a shipment of masks from billionaire Marc Benioff. The timing was not lost on Benioff, according to the Chronicle. he's up by about $1 billion from about a year ago. [30], Benioff has co-written four books about business and technology. "There would be no Salesforce.com without Steve Jobs, Benioff said at TechCrunch Disrupt last year. By force of will, and plenty of guerrilla marketing tactics, Benioff made this market happen. A few months ago, Benioff was active in the effort to get Indiana to change a law that critics said discriminated against gay people. The home is located in a super-friendly area of San Francisco. 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. His company incorporates the aloha spirit a belief in treating others with love and respect that translates into a corporate mission that includes spending 1 percent of its profit on philanthropic endeavors. After a bit of deliberation, the board ended up accepting the gift for use by emergency personnel. You'll have a better-looking and more enjoyable household by having one. He has owned plenty of other real estate, especially various homes in San Francisco. That's a form of cloud computing in which companies rent their software over the internet instead of installing it on their own computers. CNN Business chose Benioff over several other worthy candidates, including AMD's (AMD) Lisa Su, Zoom's (ZM) Eric Yuan and Pfizer's (PFE) Albert Bourla. George Bennet, a voracious collector, was on that voyage, and Mr. Harding believes that the figure sold at Christies was very likely from his personal collection. Next up: Benioff has been speaking out about pay inequity for women and publicly vowed to end it at his company. Today we can celebrate the arrival of this kii to Hawaii and to the Bishop Museum where it will serve as a symbol of great cultural pride as well as a reflection of Hawaiis spiritual past.. NOW WATCH: Ian Bremmer: Why the American dream doesn't exist anymore, A former DocuSign CEO just raised $47 million as his startup gets closer to a $100 million milestone. The museum in Honolulu houses Hawaiis largest collection of Polynesian cultural artifacts and natural history objects. Startups vow to donate 1% of their equity, 1% of their products, and 1% of their employees' time to charity. as well as other partner offers and accept our. Salesforce CEO and founder Marc Benioff helped arrange the estimated $1.9 million donation to Hawaii County Civil Defense, West Hawaii Today . Windsurfing legend Robby Naish, 57, who has won 23 world championships, is selling his estate on. Benioff is also the cousin of David Benioff, cocreator of the "Game of Thrones" TV series on HBO and son of former Goldman Sachs CEO Stephen Friedman. Besides the area, the physical condition is also excellent, and it is prepared with good construction materials. 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. 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. Dorsey's property is now a $31 million, 1.2-acre estate on a cliff overlooking the Pacific Ocean "with plenty of trees encircling both homes for premium privacy." The house was originally built. as well as other partner offers and accept our, NOW WATCH: The 13 best beaches in America. 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. [52] In April 2020, Benioff donated more than $1 million to Give2SF COVID-19 Response and Recovery Fund. Some Lesser Known Facts About Marc Benioff. Furthermore, Marc Benioff is the co-writer of almost four books, including "Trailblazer": The Power of Business as the Greatest Platform for Change." 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 two feet tall. Salesforce CEO Marc Benioff laughs with his wife Lynne Benioff during the grand opening ceremony of the Salesforce Tower in San Francisco, Calif. Tuesday, May 22, 2018. One expert said he told Christies before the sale that the sculpture was the mate of a similar figure in the British Museum. I think its made later, but I dont know when, added Mr. Meyer. Microsoft even made a play to buy Salesforce, offering $55 billion and a top executive slot for Benioff, according to media reports. PC: state of Hawaii, Office of the Governor. [19] The book became a New York Times bestseller. Benioff is best known as the co-founder, chairman and CEO of the software company Salesforce, as well as being the owner of the magazine Time since 2018. With the Gates Foundation, the hospital is building a pre-term birth center at the Benioff Children's Hospital. It's called the 1-1-1 model. 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. Marc Benioff, who runs Salesforce, speaking at the World Economic Forum in Davos, Switzerland, in January 2020. . It's owned by Hale O Aloha, which shares a mailing address with SalesForce Inc., a cloud-computing software company founded by Marc Benioff, a 30-year-veteran of the software industry. Marc Benioff I have been on hundreds of panels. [35][36], In 2012, he was named one of the "Best CEOs in the World" by Barron's[37] and received The Economist's Innovation 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. It has six bedrooms, seven full and two. Its a spiritual item, he said. The Salesforce founder has long had a connection to Hawaii. 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. This was not the case with Mr. Benioffs Hawaiian sculpture. He said at a 2012 conferencethat he spends about a third of his total time at his vacation home. Also find the latest architecture, construction, home improvement and travel posts. To say the sale of "Lucky". [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. Sign up for notifications from Insider! It's unclear where the carving was before that. 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. Mr. Marc Benioff is a Co-Founder and serves as Co-Chief Executive Officer and Chairman at Salesforce. The two also shared the same spiritual ideals. 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