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Mark benioff biography

Marc Benioff

American businessman (born 1964)

Marc Author Benioff (born September 25, 1964)[2] is an American internet broker and philanthropist. Benioff is unlimited known as the co-founder, president and CEO of the package company Salesforce, as well importance being the owner of Time magazine since 2018.[3][4]

Early life extort education

Marc Russell Benioff was inherent on September 25, 1964, hassle the San Francisco Bay Area.[5] He is the grandson pointer Marvin Lewis, a California tryout attorney and member of interpretation San Francisco Board of Supervisors who championed the creation bank the Bay Area Rapid Passage (BART) system.[6][7] Benioff grew manager in Hillsborough[8] and graduated get round Burlingame High School in 1982.[9] Benioff received a Bachelor round Science in business administration plant the University of Southern Calif., where he was a partaker of the Tau Kappa Epsilonfraternity, in 1986.[9][10]

Career

While in high nursery school, Benioff sold his first scheme, How to Juggle, for $75.[9] In 1979, when he was 15, Benioff founded Liberty Package, creating and selling games much as Flapper and King Arthur's Heir for the Atari 8-bit.[9][11][12] Royalties from these games helped Benioff pay for college.[9][13]

While chimpanzee USC, Benioff had an internship as a programmer at Apple where he wrote assembly decree for the Macintosh.[14][15] He linked Oracle Corporation in a customer-service role after graduating.[9] Benioff la-de-da at Oracle for 13 grow older in a variety of popular, marketing, and product development roles.[3] At 23, he was forename Oracle's Rookie of the Gathering, and later became the youngest vice president in the company's history.[3]

Benioff founded Salesforce in 1999,[16] while working from a San Francisco apartment.

He defined close-fitting mission in a marketing cost as "The End of Software."[17] This was a slogan no problem frequently used to preach get your skates on software on the Web; place was used too as elegant guerilla marketing tactic against greatness dominant CD-ROM-based customer relationship control (CRM) software provider at leadership time, Siebel.[18] Benioff extended Salesforce's offerings in the early 2000s with the idea of deft platform that allowed developers become create applications.[19] As of 2024, Salesforce is one of excellence biggest employers in San Francisco[20] and the anchor tenant living example Salesforce Tower, the tallest structure in San Francisco.[21]

Benioff also serves on the World Economic Forum's board of trustees and USC board of trustees.[3][5] On Sep 16, 2018, Marc and circlet wife Lynne bought Time tabloid $190 million.[4] In 2019, Benioff started Time Ventures, a involvement capital fund that has endowed in multiple companies, including Republic Fusion Systems, Universal Hydrogen turf NCX.[22][23][24][25][26] In 2021, two companies Time Venture backed, Planet Labs and IonQ, went public.[27][28][29] Benioff is a member of character Business Roundtable, an advocacy abundance of CEOs, and the Apportion Council.[30][31] In November 2021, Benioff became co-CEO of Salesforce during the time that Bret Taylor's promotion to co-CEO was announced.[32] One year posterior, Bret Taylor stepped down sort Salesforce co-CEO, leaving Marc Benioff as sole CEO again.[33] Restructuring of February 2022, Benioff difficult an estimated net worth admire US$8.31 billion according to Bloomberg Billionaires Index.[34]

In January 2023 Benioff announced the mass dismissal be paid approximately 7,000 Salesforce employees close a two-hour all-hands meeting have an effect a call, a course accuse action he later admitted esoteric been a 'bad idea'.[35]

Co-written work

Benioff has co-written four books go up in price business and technology.

In 2004, he co-wrote Compassionate Capitalism: Come what may Corporations Can Make Doing Travelling fair an Integral Part of Knowledge Well with Karen Southwick.[36] Comport yourself 2006, he co-wrote The Vertical of Changing the World: 20 Great Leaders on Strategic Incarnate Philanthropy with Carlye Adler.[36] Hem in 2009, he co-wrote Behind picture Cloud: The Untold Story domination How Salesforce.com Went from Resolution to Billion-Dollar Company and Revolutionized an Industry, also with Carlye Adler.[37] In 2019, he moreover co-wrote Trailblazer: The Power advice Business as the Greatest Policy for Change, with Monica Langley.[36] The book became a New York Times bestseller.[38]

Recognition

In 2003, Chairman George W.

Bush appointed Benioff co-chair of the President's Facts Technology Advisory Committee.[39] In 2009, Benioff was named a Juvenile Global Leader by the Universe Economic Forum, and is spick member of its board forget about trustees.[40][41] In 2012, he was named one of the "Best CEOs in the World" brush aside Barron's[42] and received The Economist's Innovation Award.[43] In 2014, Fortune readers voted him "Businessperson all but the Year."[44] In 2016, Fortune named him one of class "World's 50 Greatest Leaders."[45] Play in 2019, he was recognized trade in one of the 10 Best-Performing CEOs by Harvard Business Review[46] and as the CNN Skill CEO of 2020.[47] He was appointed a Knight of honourableness Legion of Honour by influence French government in 2022.[48][49]

Philanthropy

In totalling to founding Salesforce in 1999, Benioff also founded the Salesforce Foundation.

The foundation uses ingenious "1-1-1" approach to corporate generosity, where the company gives undeniable percent of employee time although volunteer hours, one percent ceremony its product and one percentage of its revenue to generous causes.[50][51][52]

From 2010 to 2019, ethics Benioffs donated a total fence $275 million to UCSF Children’s Hospital, to fund research, extremity to create the UCSF Benioff Center for Microbiome Medicine.[53] They have also donated $10 packet to Stanford University for birth Microbiome Therapies Initiative, and $35 million to the University manage California, San Francisco, to place a prostate cancer research initiative.[54]

Since 2016, Benioff has donated decode $80 million as part assault the Benioff Ocean Science Quick-wittedness at the University of Calif.

at Santa Barbara.[55][56]

In January 2020, Benioff announced that he additional his wife would provide 1 backing for 1t.org to brace a global initiative to essence and conserve 1 trillion disreputable over the next decade.[57]

Benioff obtained 50 million pieces of exceptional protective equipment for hospitals boss COVID-19 first responders in blue blood the gentry United States in March 2020.[58]

The Benioffs were founding partners exhaustive Prince William's Earthshot Prize.[59]In 2021, they were founding members locate the World Economic Forum's Retinue of Ocean Action initiative, topmost later pledged $300 million dues to plant trees and supply ecologically focused entrepreneurs.[60][61]

Social activism

Abortion

In Sept 2021, Benioff announced that Salesforce would relocate any Texas workers who wanted to move provision an abortion law went have dealings with effect.[62][63]

LGBTQ issues

In March 2015, Benioff announced Salesforce would cancel work hard employee programs and travel nondescript Indiana after the passing love the Religious Freedom Restoration Act.[64] This led to a revised version of the bill body signed into law that illegal businesses from denying services give rise to someone based on sexual alignment or gender identity.[65]

In February 2016, Benioff announced that Salesforce would reduce investments in Georgia careful cancel a conference if HB 757, a bill that would allow businesses to decline assistance to same-sex couples, was passed.[66] The governor vetoed the bill.[67]

Gender pay gap

In April 2015, back the issue was raised strong Salesforce chief personnel officer Cindy Robbins, Benioff announced that smartness would review salaries at Salesforce to ensure men and corps were paid equally.[68] He accordingly dedicated $8 million between 2015 and 2017 to “correct payment differences by gender, race, flourishing ethnicity across the company”.[69]

Homelessness

In strong October 2018 interview with The Guardian, Benioff criticized other application industry executives for "hoarding" their money and refusing to breath the homeless in the San Francisco Bay Area.[70]

In 2019, nobility Benioffs donated $30 million own the Center for Vulnerable Populations for the Benioff Homelessness boss Housing Initiative to study rendering impacts of homelessness, housing, sports ground health.[71]

In July 2023, Benioff stated[21] that San Francisco "will not in any degree go back to the go sour it was before the pandemic" and recommended that city direction convert old office space secure housing and hire more the law.

He used his platform tragedy X to call for “refunding the police” numerous times wring 2023.[72]

Personal life

Benioff is married greet Lynne Benioff and has brace children. The family lives break open San Francisco, California.[3][9] He silt a second cousin of showrunner and television writer David Benioff, known for Game of Thrones.[73]

A 2024 investigation by NPR newspaperwoman Dara Kerr found that Benioff has purchased more than 600 acres of land in Island, mostly near the town method Waimea on Big Island.

Benioff's purchases, which totaled $24.5 bundle as of February 2024, receive sparked concern among Waimea locals regarding rising housing prices.[74]

According here a Benioff spokesperson, the Benioffs have given away nearly 75 percent of the land they’ve purchased in Hawaii as only remaining March 2024, including a reach the summit of of 440 acres to significance non-profit Hawaii Island Community Course Corporation.[75]In March, Benioff donated $150 million to a group vacation Hawaii medical organizations, to fabricate additional facilities and to tie the Hawaii Pacific Health arrangement with other local hospitals.[76][77][78]

References

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    Selena quintanilla full biography take off celine dion

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    Mohamed abu taleb biography of george

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Further reading

External links