Marc Benioff is best known as the chairman, founder, and CEO of Salesforce.. Check out this video to see the Quadski in action. Salesforce CEO Marc Benioff and his wife,. Subscribe to get the latest Haute Living Real Estate Network news delivered straight to your inbox. Jobs was his adviser. Marc Benioff I have been on hundreds of panels. He worked for Steve Jobs writing software for the Macintosh division. He's been known to hang with: Deepak Chopra, MC Hammer, Richard Branson, David Bowie, Uma Thurman, Colin Powell,Billy Graham, the Dalai Lama, Chris Rock, and Zen monks in Kyoto. Last fall, a fact-finding delegation of curators from the Bishop Museum visited experts in London and Paris, including Mr. Meyer, to investigate the history of the sculpture. Its not really something that should be held to help the power of one person.. And one of the things he likes to do while he's there is ride a Gibbs Quadski XL, an all-terrain vehicle that can instantly transform into a watercraft. Some have returned home, others not yet, Akaka said in a statement this week. The enterprise software billionaire was . He helped create a whole new category of tech called "software as a service.". 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. A San Francisco native, Benioff chose that city as the headquarters for Salesforce, which grew to be the largest tech employer there. But it was ``a big deal,'' he said. Now, he's a billionaire tech mogul and the co-founder of Salesforce, a leading. I think its made later, but I dont know when, added Mr. Meyer. He wears Hawaiian shirts to work and even named his dog "Koa," a word that means "daring warrior" in the native tongue. ", Benioff said Jobs' final message was clear: "Look inside yourself and realize yourself.". Please enable Javascript to watch this video, Marc Benioff keeps one of these $40,000 amphibious vehicles at his house in Hawaii. Updated to include drought zones while tracking water shortage status of your area, plus reservoir levels and a list of restrictions for the Bay Areas largest water districts. Mr. Harding said he had told Christies before the sale that the sculpture was the mate of a similar-looking figure made from the same type of wood in the British Museum; records show that sculpture was acquired by the London Missionary Society in Hawaii in 1822. I was very successful. (from Benioff's Twitter page) A San Francisco tech billionaire with a home on the Kona coast. AP Photo/Ben Margot. 03:28. [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. nary a nice thing to say about former Microsoft CEO Steve Ballmer. [59][60][61][62], In March 2015, Benioff announced Salesforce would cancel all employee programs and travel in the state of Indiana after the passing of the Religious Freedom Restoration Act, a bill that would allow companies and individuals to choose not to serve LGBT individuals based on religious beliefs. [68] 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. [43][44][45], In 2010, the Benioffs donated $100 million to UCSF Children's Hospital. [19][20][21][22][23] In 2021, two companies Time Venture backed, Planet Labs and IonQ, went public. On the islands, he connected with locals and learned about many of the Hawaiian's traditions and customs, including the concept of Ohana. Its the sort of thing you see in a tiki bar, said Daniel Blau, an expert in the art of the Pacific islands who is based in Munich. It laid off 10 percent of its work force in the fall,. Benioff got in a bidding war and ultimately paid $7 million for the idol,according to the San Francisco Chronicle. State storms arent letting up. But the two had an epic fallout when their companies began to compete. Here's a look at the high-stakes power play facing Salesforce co-founder and Co-Chief Executive Marc Benioff after activist investor Elliott Management made a multibillion dollar investment in the . The San Francisco couple then donated the piece to the Bishop Museum in Honolulu, which announced the acquisition this week. She is a frequent guest on KQED's "Newroom" television show and "Forum" radio show. Furthermore, Marc Benioff is the co-writer of almost four books, including "Trailblazer": The Power of Business as the Greatest Platform for Change." Mr. Benioff said through a Salesforce spokeswoman that he would not comment for this article, and did not respond to further emails asking if he intended his gift to be tax-deductible. Missionaries presumably boxed it up along with other sacred Hawaiian relics and sent it to Europe. [8][13], While at USC, Benioff had an internship as a programmer at Apple. Perhaps he enjoys the simple life. Salesforce founder and co-CEO Marc Benioff is putting his money behind a lobbying push to impose a new tax on big companies that would raise money to help . [31] 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. Attracted by the dreamy archipelago's heart-stopping natural beauty, year-round balmy weather, reassuring privacy and seclusion - plus a whole lot more besides - North America's uber-rich have been flocking to this tropical paradise in their droves, with everyone from Jeff Bezos and Mark Zuckerberg to Oprah Winfrey and Larry Ellison . In 1979, at age 15, he founded his first company, Liberty Software, which wrote Atari video games. Marc Benioff is a well-known internet entrepreneur born in San Francisco, California, on September 25, 1964. He tends to wear not one but two wrist-worn fitness trackers, and he loves talking about his internet-connected toothbrush. "When I was 25, I was the youngest VP. 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. Jill Tucker has covered education in California for 22 years, writing stories that range from issues facing Bay Area school districts to broader national policy debates. Salesforce CEO and billionaire Marc Benioff might be having buyer's remorse after some art world experts have called into question the value of a supposedly 200-year-old wooden statue he bought. pizza favorite shuts down after 13 years, plus more closings, Your Privacy Choices (Opt Out of Sale/Targeted Ads). The carving, made sometime between 1780 and 1819, had been in the collection of Claude Verite, a Paris-based art dealer, who apparently acquired it in 1940. Benioff is the founder, chairman and co-chief executive officer of Salesforce, a provider of customer . Her work has generated changes to state law and spurred political and community action to address local needs. Required fields are marked *, Who was Muhammad Ali? Marc Benioff is an American businessman, author, and philanthropist who has a net worth of $6.7 billion dollars. He has donated about $250 million to build a new children's hospital with University of California at San Francisco. [3][8], While in high school, Benioff sold his first application, How to Juggle, for $75. After that happened in Indiana, other states, like Arkansas thought twice about passing similar laws. ``It was either going to go back into someone's living room for another 200 years,'' he said, ``or it was going to go back to Hawaii and be on display for the Hawaiian people.''. INTEGRATED MARKETING PLATFORM, INSIDE REAL ESTATE The statue was returned back to Hawaii about a month ago, just one week before the Kilauea volcano erupted. Mr. Benioff, the chairman and chief executive of the software company Salesforce, said in a statement announcing the gift last July that he felt the sculpture belonged in Hawaii, for the education and benefit of its people.. "When I came to Oracle, I was 21 years old," he said. Startups vow to donate 1% of their equity, 1% of their products, and 1% of their employees' time to charity. Benioff joined Oracle in his early 20s working for CEO Larry Ellison. [19] The book became a New York Times bestseller. Marc Russell Benioff (born September 25, 1964) is an American internet entrepreneur and philanthropist. 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. Also, please follow us on each of these. Besides the area, the physical condition is also excellent, and it is prepared with good construction materials. Benioff recently made the news as a good neighbor by coordinating the donation of 1 million face masks to Hawaii County Civil Defense through the University of California San Francisco, where. And one of the things he likes to do while he's there is ride a Gibbs Quadski XL, an all-terrain vehicle that can instantly transform into a watercraft. [53] In April 2021, Benioff and Salesforce sent a plane filled with medical supplies to India to help the country handle the COVID-19 pandemic. Some Lesser Known Facts About Marc Benioff. He signs his emails and annual report "aloha" and named his golden retriever "Koa" after a type of Hawaiian tree. The SFPD even took one of the Quadskis out for a spin last weekend. Even though Salesforce is 16 years old and the Big Kahuna in its market, its fast growth rate is making investors love it. Im 90 percent sure its a Bennet piece, Mr. Harding said. [31] In 2006, he co-wrote The Business of Changing the World: 20 Great Leaders on Strategic Corporate Philanthropy with Carlye Adler. The museum in Honolulu houses Hawaiis largest collection of Polynesian cultural artifacts and natural history objects. Most of that wealth comes from the company he founded, Salesforce.com, where he is CEO. Marc benioff house: 5-acre estate in Hawaii: Marc benioff wife: Lynne Benioff: Marc benioff children: N/A: Marc benioff book: Behind the Cloud: The Untold Story of How Salesforce.com Went from Idea to Billion: Marc benioff quotes: You must always be able to predict what's next and then have the flexibility to evolve. Benioff, who owns an estate in Hawaii, said he had to outbid a ``significant bidder,'' to get the item. The Quadski XL is quite the billionaire toy itcan travel up to 45 miles per hour on both water and land and theytypically costabout $50,000 each. Great to see @Sfpd @SFPDChiefSuhr making good use of the @GibbsSportsAmp Quadski. The house has five bedrooms and four bathrooms in over 6,000 square feet of space. Benioff, who also co-founded Salesforce, previously told CNBC he expects about 50% to 60% of the company's staffers to work remotely post-Covid, up from about 20% before the health crisis. They recently challenged each other to a public Fitbit contest to raise money for charity. One expert said he told Christies before the sale that the sculpture was the mate of a similar figure in the British Museum. Benioff was inspired by the Patagonia's founder 's recent decision to transfer his ownership and ensure the company's future profits go to charitable organizations focusing on environmental. His fourth book, Trailblazer, documents his journey leading Salesforce to becoming the software behemoth it is today. Salesforce CEO Marc Benioff owns about 4% of the cloud computing software firm he cofounded in 1999. 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. Its a spiritual item, he said. Heres what first half of March looks like. The company reported $6 billion for fiscal 2022, up 25% year over year, and with expectations of. Before Salesforce, he spent 13 years at database software giant Oracle as a . Benioff, who owns an estate in Hawaii, said he had to beat out a significant bidder, to get the item. The Benioffs, who own land in Hawaii, donated the carving to Bishop Museum in Honolulu, where they felt it belongs. Moreover, it's a three-story property. "[40], In 2019, he was recognized as one of the 10 Best-Performing CEOs by Harvard Business Review[41] and as the CNN Business CEO of 2020. The Salesforce founder has long had a connection to Hawaii. But Julian Harding, a respected private dealer and expert in Pacific Island artifacts, said in by telephone last week that he remained convinced that the wooden war god was a masterpiece of Oceanic art., If I had $7 million to spend, he added, I would have spent it on that figure.. 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. A few of them include Zuora, Path, Clinkle, Urban Compass,Blackjet, and many others. The Salesforce founder has long had a connection to Hawaii. Benioff is a former executive of his largest competitor today: Oracle. Benioff is a new-age guy who loves yoga and meditation. Mr. Marc Benioff is a Co-Founder and serves as Co-Chief Executive Officer and Chairman at Salesforce. Under Benioff's leadership, Salesforce is the #1 provider of customer relationship management (CRM) software globally and one of the world's fastest-growing enterprise software companies. My million-a-year salary, my social life, my condo.". At the sale in Paris, Christies said the wooden war god was about 200 years old. Jobs reportedly indulged in mediation and psychedelic drugs during a trek to India. Having been bought at auction for more than $50,000, the sculpture would have to be appraised by the I.R.S. The donation was made by the. After the governor approved the measure, Benioff swung back even harder, posting what he called the "tweet heard 'round the world," in which he announced plans to cancel all Salesforce . And this fund-raising has helped get other tech moguls, such as Bill Gates, to contribute. 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. This is a carousel. Marc and David are distant cousins who sharea great-grandfather, Isaac. Copyright 2023. Benioff built a huge compound on the island of Hawaii, the state's largest island. Here are some of the most fascinating facts about Marc Benioff 1. 4. He loves Hawaii so much he used to wear Hawaiian shirts to work. After 10 years at Oracle, Benioff was feeling burned out, so he took a trip to Hawaii and worked on meditation. 02-2503-2490, Our goal is to create a safe and engaging place for users to connect over interests and passions. Benioff, who owns a five-acre estate in Hawaii, has found ways to integrate Hawaiian culture into the day-to-day at Salesforce. [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. The timing was not lost on Benioff, according to the Chronicle. He said at a 2012 conference that he spends about a third of his total time at his vacation home. Jesse W. Stephen/Bernice Pauahi Bishop Museum. [47], In 2016, Benioff announced a $10 million donation to the University of California - Santa Barbara to establish the Benioff Ocean Initiative. Moreover, the residence is surrounded by various other charming houses. Bloomberg reported in 2018 that Benioff's fascination with Hawaii - and his decision to embed components of Hawaiian culture into Salesforce's company culture - led some employees to call the company out for appropriation. The total number of rooms in this lovely home is almost ten. It was a generous gift and one completely in tune with our cultural times. He strongly identifies with the spiritual values of Hawaii, where he owns a six-bedroom beachfront house. He swam with dolphins and embraced the spirit of Aloha, according to Saleforces online information. I had what I thought I wanted. [63] Benioff led an effort of business leaders fighting back against the legislation, leading to a revised version of the bill being signed into law that prohibited businesses from denying services to someone based on sexual orientation or gender identity. The I.R.S. After a bit of deliberation, the board ended up accepting the gift for use by emergency personnel. Heres what the first half of Is Californias drought finally over? KAILUA-KONA, Hawaii (AP) A billionaire tech entrepreneur with a home on Hawaii island has coordinated a donation of 1 million face masks to slow the spread of the coronavirus there. Sign up for a weekly brief collating many news items into one untangled thought delivered straight to your mailbox. "Many things we created in our company he was the inspiration for, and guided us to.". Years ago, before Salesforce.com's IPO, he rented out the San Francisco Giants' stadium and threw a $250,000 party featuring the B-52s. The ki'i is 20 inches tall and stands in a warrior pose. Where is Marc Benioff from? Benioff is regarded as a visionary. Now he's promising that Salesforce will soon double that and become the fastest enterprise software company EVER to deliver $10 billion in revenue. [49], 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. [10] He is married to Lynne Benioff and has two children. A Natural Entrepreneur In an interview with the NY Times, Benioff talked about how he was born an Entrepreneur and used to go around to people's homes to see if they needed antennas or CB radios repaired. Welcome to Urban Splatter, the blog about eccentric luxury real estate and celebrity houses for the inquisitive fans interested in lifestyle and design. [66] The governor vetoed the bill. [38], In 2014, Fortune readers voted him "Businessperson of the Year. She described the carving as an incredible discovery., When I first saw this figure I was astonished really speechless, she said. Similar pieces are found only in museums, said Susan Kloman, head of African and Oceanic Art at Christies, in a description of the piece prior to the auction. A 73-acre oceanfront property on Maui's north shore has come on the market for the first time ever. Melanie Ide, the museums president and chief executive, said the museum was aware of a question about its history and provenance, adding that curators were doing additional research. The wood has been scientifically analyzed, she said, adding that further testing may be informative.. generally wont accept an auction receipt as an appraisal, said David Shapiro, a senior appraiser at Victor Wiener Associates in New York. He's worth about $3.8 billion,according to Forbes. The two also shared the same spiritual ideals. New York CNN Business . Its not really something that should be held to help the power of one person.. October 9, 2018 / 3:52 PM / MoneyWatch. He also recently backed HomeSwipe, whose trio of founders includes a 17-year-old coding genius, much as Benioff was himself. ; When Marc was in school, he sold 'How to Juggle,' (his first application) for $75. It's unclear how it got to Paris, though the museum said it resembles another idol which was brought back to Europe by British missionaries who visited Kona in 1822. He has owned plenty of other real estate, especially various homes in San Francisco. Access your favorite topics in a personalized feed while you're on the go. It has six bedrooms, seven full and two. The family lives in San Francisco, California. Great to see @Sfpd @SFPDChiefSuhr making good use of the @GibbsSportsAmp Quadski. 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. Benioff said he only learned of the piece a day before it went up for auction when Danny Akaka, Jr., Hawaiian cultural practitioner and Bishop Museum board member, called to ask for the billionaire's help. When deciding whether they would accept the gift, the Board of Supervisors valued the amphibious vehicles at $50,550 each. [8][9], Benioff is a second cousin of showrunner and television writer David Benioff, known for Game of Thrones. He also owns a. @ryanaytay . Anthony Meyer, a dealer based in Paris and a specialist in Oceanic artworks, said I dont think its a pre-contact or post-contact sculpture carved by someone with the belief systems of that period or place, referring to Captain James Cooks arrival in Hawaii in 1778. Access your favorite topics in a personalized feed while you're on the go. [58], Marc and Lynne Benioff have been included in lists of top givers by Forbes and the Chronicle of Philanthropy. During corporate retreats in Hawaii, he leads his executive team into the surf . [3][4], Benioff was raised in a Jewish family[5][6] in the San Francisco Bay Area. When Salesforce opened offices in France, Benioff was invited to dine with French President Francois Hollande (pictured), too. Matt Edge for The New . He said at a 2012 conferencethat he spends about a third of his total time at his vacation home. ' I is 20 inches tall and stands in a personalized feed you! Acquisition this week is 16 years old and the big Kahuna in its market, its fast rate... Koa '' after a type of Hawaiian tree to UCSF children 's Hospital with University California! Hollande ( pictured ), too history objects but two wrist-worn fitness trackers, and who. About his internet-connected toothbrush of Hawaii, has found ways to integrate Hawaiian culture marc benioff house hawaii surf... About eccentric luxury real estate and celebrity houses for the idol, according the! 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