[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. [66] The governor vetoed the bill. Sandbox AQ, which is also backed by T.Rowe Price, Breyer Capital and Guggenheim Partners, is launching with funding thats well into the nine figures, according to its CEO. [27][28], In November 2021, Benioff became co-CEO of Salesforce when Bret Taylor's promotion to co-CEO was announced. Jill Tucker is a San Francisco Chronicle staff writer. These sorts of pay packages typical for executives of technology companies were a key driver for the astronomical housing prices of the Bay Area, a primary cause of the very homelessness that Mr. Benioff was intent on eliminating. Benioff's cousin, Marc Benioff, is the co-founder and CEO of Salesforce, Business Insider reported in 2015. Mr. Benioff had located protective gear and delivered it to American hospitals by working his connections in China and then coordinating with fellow executives. You can also access information from the CDC. 10 Things You Didn't Know about Marc Benioff - Money Inc Salesforce will also donate $100 million over a decade toward climate justice. . Specialized teams provide expert consultative services with state-of-the-art technology and innovative techniques to work collaboratively with providers from across the health system. The lockdowns were adding to his wealth estimated at more than $10 billion as his company, Salesforce, tallied record sales of software that allowed people to work from anywhere. At 17, Benioff developed and sold Atari video games, and earned enough to pay his way to USC. He inherited it from his Davos Man forebears. Language links are at the top of the page across from the title. In the United States, Black and Latino workers especially women were overrepresented in such jobs, just as they have been overrepresented among the dead. Looks like youre visiting Benioff Children's Hospitals on Internet Explorer. This year, Davos Man has been forced to ground his jets as the pandemic has again scotched plans for an in-person gathering. Between March 2020 and the middle of October 2021, Americas billionaires saw their collective wealth soar by 70 percent, exceeding $5 trillion, according to an analysis of Forbes data by Americans for Tax Fairness and the left-leaning Institute for Policy Studies. With this center, our hospitals can harness both cutting-edge science and traditional integrative practices to improve our patients lives and lead the nation in providing integrative medicine to manage pediatric pain.. His mode typifies the contemporary billionaire packaged as vanguard for social progress. David Benioff's Wife, Amanda Peet, & Children: 5 Fast Facts - Heavy.com The trend in care is increasingly headed toward personalized medicine, which means determining which medications or treatments work best on each patient based on their genetics or personal circumstances. Benioff Homelessness and Housing Initiative, "Benioff, Marc R. 1964- [WorldCat Identities]", "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", "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. 1. San Francisco power couple Marc and Lynne Benioff have doubled down on their already sizable support of UCSF Benioff Children's Hospital, writing a second $100 million check to further fund. I agree that companies dont pay their fair share.. The final installment in a $50 million commitment announced by the couple in 2014, the funds will enable the . Theyve been inseparable ever since and divide their time between Manhattan and Beverly Hills. Lynne Benioff Career Lynne Benioff is an independent marketing consultant and philanthropist. [44][45][46], In 2010, the Benioffs donated $100 million to UCSF Children's Hospital. "[40], In 2016, Fortune magazine named him one of the "World's 50 Greatest Leaders. Benioff was named Innovator of the Decade by Forbes and is recognized as one of the Worlds 25 Greatest Leaders by Fortune, one of the 10 Best-Performing CEOs by Harvard Business Review, and as the CNN Business CEO of 2020. Marcs father, Russell Benioff, built an apparel chain and was highly successful. 2011 $1.8 million for San Francisco's Home for the Holidays program to house homeless families. Weiss. Marc Russell Benioff (born September 25, 1964)[2] is an American internet entrepreneur and philanthropist. Davos Man: How the Billionaires Devoured the World, perk engineered for real estate developers. He sported mirrored sunglasses as he grinned triumphantly alongside Lars Ulrich, the drummer for Metallica. Things to do in Seabrook: A guide to Washington's cozy Where to stay in Santa Cruz, depending on your budget, Your Privacy Choices (Opt Out of Sale/Targeted Ads). Amazing @GameOfThrones! At the center of his vision for his company at the core of Davos Man thought in general was the assumption that the most affluent people could be relied upon to do the right thing. [64], In April 2015, Benioff announced that he would review salaries at Salesforce to ensure men and women were paid equally. [17] Benioff extended Salesforce's offerings in the early 2000s with the idea of a platform that allowed developers to create applications. Through the Stad Center, Elisa and I aim to support UCSFs efforts to offer every child sufficient access to world-class, integrative and innovative medical care, he said. In 2014, UCSF affiliated with Children's Hospital Oakland, bringing together two respected health care organizations with a common mission and more than a century of excellence in pediatric care. She previously served as the Director of Public Relations Campaigns at OutCast Communications (1998 to 2003). In between, she spent two years as a Peace Corps volunteer teaching English in Cape Verde, West Africa. Who Is Marc Benioff Daughter? Wife, Family, Net Worth 2023 now renamed Benioff Children's Hospital. [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. It was fair to assume that his initiative had saved lives. Salesforce, and Marc has provided grant funding to date of over $115 million, given access to Salesforce technology to over 28,000 charitable and nonprofit organizations and donated over 1.3 million employee volunteer hours. In 1984, he worked as an assembly language programmer in Apple Computer's Macintosh Division. UCSF Benioff Children's Hospitals have been the birthplace of many medical breakthroughs, including the first successful fetal surgery and the development of several lifesaving treatments for preemies. 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. Her first IMDb reported appearance was onOne Life to Livein 1995 as Layle. Getty Reflects change since 5 pm ET of prior trading day. "Not only are we including San Francisco in that vision, we're including Oakland.". UCSF Benioff Children's Hospital Oakland has announced a $15 million gift from Lynne and Marc Benioff to address the shortage of mental health services for children and adolescents in Oakland and the East Bay. Billionaires have snapped up real estate, shares of stock and other companies at distressed prices. Anyone can read what you share. Mr. Benioff and his wife, Lynne, appeared genuinely concerned about the state of American education and childrens health. The industry harnessed publicly funded research to develop lifesaving coronavirus vaccines in record time. His family is of Irish, Scottish, and English ancestry. [35], In 2009, Benioff was named a Young Global Leader by the World Economic Forum, and is a member of its board of trustees. "When people are looking to figure stuff out, they come to UCSF to do that," Marc Benioff said. Alain Jocard/AFP/Getty Images. He is currently working with the Gates foundation to expand care for children born prematurely. We're one of only a few hospitals in the nation equipped to treat rare and serious illnesses in children. He shamed Facebook and Google for abusing the public trust and called for regulations on search and social media giants. [18], Benioff also serves on the World Economic Forum's Board of Trustees and USC Board of Trustees. Philanthropist Marc Benioff is donating $100 million to the hospital, which is joining forces with the UCSF Children's Hospital group. Partial to Hawaiian shirts, Mr. Benioff embraces the concept of ohana, a Hawaiian term that loosely translates to family, and that supposedly forms the central organizing principle governing Salesforce a spirit of kinship connecting its tens of thousands of employees. He frequently tells the story of his supposed inspiration for founding Salesforce. In May 2018, Benioff celebrated construction of the 1,070-foot tall Salesforce Tower in San Francisco. UCSF Launches $100 Million Global Preterm Birth Initiative We have the same Great Grandfather, Issac. Jeff Bezos has amassed enough wealth from his e-commerce empire to blast himself into space, as the employees left behind on earth spent the first months of the outbreak laboring in Amazon warehouses without adequate protective gear. Salesforce CEO Marc Benioff owns about 4% of the cloud computing software firm he cofounded in 1999. 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. These were not outliers but the story of the pandemic writ large. [65], In February 2016, Benioff announced that Salesforce would reduce investments in Georgia and cancel a conference if HB 757, a bill that would allow businesses to decline services to same-sex couples, was passed. Marc Benioff | Markle He was on a trip to India when he had a, His company was namedone of the Worlds Most Innovative Companies by the, In the 2016 Presidential Election, Marc supported. His goal is also to educate the medical community about the impact of pain during childhood and bring innovative treatments to the field. When I get something in my head, it's hard for me to just let it go. [8][11][12] Royalties from these games helped Benioff pay for college. Share on Facebook; Share on Twitter; Share on Reddit; Email this article; Print this article