Under the provisions of the Presidio Trust Act, six members of the Presidio Trust Board are appointed by the President of the United States. 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. Benioff went to war with other billionaires, including Twitters Jack Dorsey, over the measure, which was passed by voters but is awaiting court validation. Over the past two decades, her focus has been public service, working on governance, resource optimization, collaboration, and strategic planning. In 2017, Lynnes husband, Marc, bought a rare carving of the Hawaiian war god Ku for more than $7 million dollars. Catherine (Cathy) Langridge, Chief Financial Officer, Read the latest updates about changes or things you should be aware of before visiting the Presidio >>. In 2011, she co-founded Star Community Home, a short-term residential community for homeless families in San Francisco. This acquisition filled a gap in Salesforce's suite of products, jump-starting its "commerce cloud," which offers customers e-commerce tools, in addition to its . Lynne Benioff, 43, was a publicist during the dot-com boom. In 2011, she co-founded Star Community Home, a short-term residential community for homeless families in San Francisco. In 2014 she was honored by Mayor Ed Lee as one of San Franciscos Women of the Year. We create products and services that help volunteers, nonprofits and corporations maximize their impact. The family lives in San Francisco, California. She is publicly known as Lynne Benioff. var p = 'https:' == document.location.protocol ? "[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. At the age of 15, he founded his first company, Liberty Software, which created video games. She was educated at the University of Washington, where she received her Bachelor of Science degree. 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. 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. Lynne Benioff, chair of the Presidio Trust board, is the co-chair of TIME and active on the boards of several organizations. var qs = Object.keys(params).reduce(function(a, k){ a.push(k + '=' + encodeURIComponent(params[k])); return a},[]).join(String.fromCharCode(38)); She previously served as the Director of Public Relations Campaigns at OutCast Communications (1998 to 2003). People are curious to know about Nir Bar Dea wife, whether the Israeli militarys former officer, Read More Who Is Nir Bar Deas Wife Is He Married? 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. Read the full story. Marcs struggles and enthusiasm since an early age reveals an ideal story to the world. Pilates: The CelebrityApproved Workout That Can Help You Stay Lean, Long, and Lithe! 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. 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 . 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. [31], Benioff has co-written four books about business and technology. [34], In 2003, President Bush appointed Benioff co-chair of the President's Information Technology Advisory Committee. Mr. ( Marc & Lynne Benioff) (2018-present) Time (stylized in all caps) is an American news magazine based in New York City. 2. Billionaire internet entrepreneur Marc Benioff and his wife, Lynn, completed the $190 million acquisition of Time magazine from Meredith on Thursday. 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. 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. She was appointed to the Presidio Trust board inJune 2021. The world needs a North Star for truth on homelessness, Benioff, a San Francisco native, said in a statement. Menu. Although their marriage date is not available, we still know that they are a happy couple. Benioff Homelessness and Housing Initiative, http://www.worldcat.org/identities/lccn-n2009036451, "Time Magazine Is Bought by Marc Benioff, Salesforce Billionaire", Jerusalem Post: "Jews take 5 of top 6 spots in annual list of top US givers" By JACOB BERKMAN, Jewish Philanthropy: "Jewish Philanthropy 2.0", "The rise of Marc Benioff, the bombastic owner of Time Magazine who just became Salesforce's sole CEO, has an $8 billion fortune, and owns a 5-acre compound in Hawaii", San Francisco Gate: "Marc Benioff, CEO, makes philanthropy a priority" by Casey Newton, "Frat Boys Are Taking Over The Tech World", "ROM Fun: Survey of recent cartridge games", "The Fabulous Life Of Tech Billionaire Marc Benioff", "A teenage Marc Benioff cold-called an Apple executive and got his dream internship", "The stratospheric rise of Marc Benioff and Salesforce", Salesforce Blog: "Marc Benioff: How to Turn a Simple Idea into a High-Growth Company" By Marc Benioff, "The story of why Marc Benioff gifted the AppStore.com domain to Steve Jobs", "WSJ News Exclusive | Nuclear-Fusion Startup Lands $1.8 Billion as Investors Chase Star Power", "Commonwealth Fusion, Backed by Gates, Soros, Benioff, Raises $1.8B", "NCX raises $50M for natural capital markets", "Marc Benioff backs start-up that uses satellites to count trees and pays people not to cut them down", "Universal Hydrogen Raises $62 Million in Series B", "Satellite imagery company Planet Labs is going public, backed by Google, BlackRock and Marc Benioff", "Planet Labs Looks to Expand Software Offerings, Win New Customers with IPO Funds", "IonQ Takes Quantum Computing Public with A $2 Billion Deal", "Top execs discuss 'mission that's above profits' in Detroit event", "Marc Benioff says CEOs must be held more accountable and pay more taxes, too | CNN Business", "Salesforce promotes Bret Taylor to co-CEO alongside Benioff", "Bret Taylor steps down as Salesforce co-CEO", "The goodness business: how woke capitalism turned virtue into profit", "Billionaire CEO Marc Benioff is writing a sequel to his best-selling memoir about Salesforce and wants your help", "Salesforce CEO Marc Benioff explains why a Hindu guru and Colin Powell were critical mentors", "World Economic Forum Announces New Batch Of Young Global Leaders (Mark Zuckerberg, Chad Hurley, Kevin Rose And More)", "C.E.O.s Were Our Heroes, at Least According to Them", Barron's: "World's Best CEOs" By Andrew Bary, The Economist: "And the winners were" By The Economist Staff, Fortune: "Vote: Businessperson of the Year - Championship Round" By Fortune Editors, Fortune: "The World's 50 Greatest Leaders" By Geoff Colvin, "The Best-Performing CEOs in the World, 2019", "Marc Benioff of Salesforce is the CNN Business CEO of 2020", "Marc Benioff Reached Millionaire Status by Age 25 -- and 9 Other Things to Know About the Co-Founder of Salesforce", "Salesforce CEO Marc Benioff: The big giver", "Gut check: Benioffs donate $35 million to further study of microbiome at UCSF, Stanford", https://philanthropynewsdigest.org/news/benioffs-give-35-million-for-ucsf-prostate-cancer-research-initiative, "Benioff's new philanthropic mission: The oceans", "Benioffs and Salesforce put $300m into combating climate change on eve of COP26 | Computer Weekly", "UCSF Launches New Benioff Homelessness and Housing Initiative with $30M Gift", "Marc Benioff picks a new fight with Silicon Valley over trees", "Marc Benioff's $25 Million Blitz to Buy Protective Gear from China", "San Francisco has 75 billionaires. https://t.co/gx6kXPKTVx Bravo, #LynneBenioff & @Benioff ???? From 1998 to 2003, Lynne was the Director of Public Relations Campaigns at OutCast Communications. cb: (new Date()).getTime() We bring business leaders together to serve and solve global problems. Additionally, information about Marcs family is not available as of now. Additionally, she endowed a joint chair between the Hoover Institution and the Economics Department at Stanford University, a first-ever creative association. 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. She brings more than 25 years of financial experience in companies large and small. [43], In addition to founding Salesforce in 1999, Benioff also founded the Salesforce Foundation. She is a simple person and never likes to attract public attention by publicly displaying her wealth. He served as San Franciscos first Director of Economic Development and later as the first Director of the Emeryville Redevelopment Agency. As of June 2020, he owned 3.36% of Salesforce shares, worth $4.8 billion. With a net worth of $80 million, he is among the richest journalist. Driven to improve and safeguard the health of our oceans through science and technology, Marc and Lynne Benioff have made a gift of $60 million to UC Santa Barbara, one of the world's most important marine research centers. Ms. Benioff received a B.S. All Rights Reserved. A graduate of the University of San Francisco, he also sits on their Board of Trustees. Instantly after this gloomy incident, the generous couple decided to contribute $20 million to the hospital without public announcement. Fridays. Time USA, LLC. Mr. Buell is a decorated Vietnam War veteran. Is the age of Marc Russell Benioff is a mystery to you? In 2004, he co-wrote Compassionate Capitalism: How Corporations Can Make Doing Good an Integral Part of Doing Well with Karen Southwick. Benioff and his wife Lynne have been recognized as top philanthropists . [44][45][46], In 2010, the Benioffs donated $100 million to UCSF Children's Hospital. Guests did indeed . 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. An expert wants to know things with certainty and in the end to be proven right. Marc founded the company in 1999, the company was recognized as the Most Innovative Company by Forbes, a Best Place to Work by Fortune, and the 10th Most Admired Company in the World by Fortune. In 2015 she was appointed to the Presidio Trust board by President Barack Obama. Approaching life with a beginner's mindset frees you from the past- attachments, fears, preconceptions even aspirations- to an open mind and heart in the present moment. She has not shared her height with the public. 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. Meredith said it plans to use proceeds from sale of Time mag to pay down debt. These cookies will be stored in your browser only with your consent. 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,. 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. Lynne Benioff: Daughter and Son: Yes (N/A) Salary: Not Known: Net Worths: $8 billion: Marc Russell Benioff Age and Birth Information. Marc Benioff is Chair, Chief Executive Officer and Co-Founder of Salesforce and a pioneer of cloud computing. She is an instructor of English composition at several Bay Area community colleges. Marc Benioff (Marc Russell Benioff) was born on 25 September, 1964 in San Francisco, California, United States, is an American businessman. 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. Beginning in 2009, he managed Rudd Properties, Inc. for the Leslie Rudd Investment Company (LRICO). 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. For his leadership on equality, Benioff has been honored by GLAAD, the Billie Jean King Leadership Initiative and Variety Magazine with its EmPOWerment Award. 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 .
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