The house has five bedrooms and four bathrooms in over 6,000 square feet of space. [48], In 2017, the Benioffs partnered with the US National Fish and Wildlife Foundation and the National Oceanic and Atmospheric Administration to form the Pacific Islands Research and Conservation Programme. Benioff also said he's pleased with Salesforce's operating cash-flow performance and projections. Salesforce CEO Marc Benioff paid $7 million to buy a carving of the Hawaiian god Ku at auction. She described the carving as ``an incredible discovery. With the Gates Foundation, the hospital is building a pre-term birth center at the Benioff Children's Hospital. And one of the things he likes to do while hes there is ride a Gibbs Quadski XL, an all-terrain vehicle that can instantly transform into a watercraft. ``This is a very, very big deal.''. To say the sale of "Lucky". His father, Russell, built a chain of apparel stores in San Francisco. Benioff loves music. Salesforce, which makes software to help companies sell better, became a hard-driving and influential tech company, the biggest employer in San Francisco. 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. Benioff is also friends with other tech billionaires including Michael Dell, CEO of Dell Computer. he's up by about $1 billion from about a year ago. . (from Benioff's Twitter page) A San Francisco tech billionaire with a home on the Kona coast. Salesforce CEO Marc Benioff owns about 4% of the cloud computing software firm he cofounded in 1999. In addition to the donation of art, Benioff has committed to funding 100 percent of Red Cross emergency relief efforts related to the eruption of the Kilauea volcano. He strongly identifies with the spiritual values of Hawaii, where he owns a six-bedroom beachfront house. [17] Benioff extended Salesforce's offerings in the early 2000s with the idea of a platform that allowed developers to create applications. San Francisco, California, U.S. Marc Benioff lives in San Francisco, CA. Ryan Aytay. [33], In 2003, President Bush appointed Benioff co-chair of the President's Information Technology Advisory Committee. After a bit of deliberation, the board ended up accepting the gift for use by emergency personnel. Furthermore, please leave your thoughts and comments below. Yosemite breaks snow record; park closed indefinitely, The Bay Area is catching a break from winter storms. You'll have a better-looking and more enjoyable household by having one. The billionaire signs his emails, ``Aloha, Marc,'' and likes wearing Hawaiian shirts. Sign up for our newsletter for the latest tech news and scoops delivered daily to your inbox. 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. 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. Startups vow to donate 1% of their equity, 1% of their products, and 1% of their employees' time to charity. 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. Such a wide discrepancy in valuation could be a concern for the Internal Revenue Service, should Mr. Benioff wish to claim the donation on his tax return, as well for museumgoers having to pay as much as $24.95 to see the sculpture in Honolulu. The elder Mr. Vrit had the distinction of selling artifacts to Pablo Picasso, Henri Matisse and Andr Breton, among others. He decided to take a sabbatical, so he rented a beach house in Hawaii (doesn't get much more relaxing than that). He also owned 23 acres of undeveloped land on the Waikoloa Beach Resort, which recently sold for $16 million. Benioff gave his keynote anyway, at a nearby hotel. Heres what the first half of Is Californias drought finally over? ``We couldn't imagine that such a work could still exist in a private collection.''. "When I was 25, I was the youngest VP. pic.twitter.com/gOiDxrn3H2. But Mr. Shapiro also pointed out that donated artworks generally qualify for the most significant tax deductions if they have been owned by a collector for at least a year. While an executive at Oracle, he decided to take a sabbatical and rented a beach hut on the Big Island of Hawaii. [32] In 2019, he again co-wrote Trailblazer: The Power of Business as the Greatest Platform for Change, with Monica Langley. Check out this video to see the Quadski in action. 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. 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. The San Francisco couple then donated the piece to the Bishop Museum in Honolulu, which announced the acquisition this week. [54], In October 2020, Marc and Lynne Benioff were founding partners of Prince William's Earthshot Prize, a program for finding solutions to environmental issues. I was concerned that its history only went back to the 1930s.. [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. The idea for Salesforce.com came during a meeting with Ellison. Some international experts say the piece could be from the 20th century and worth less than $5,000. In order to improve our community experience, we are temporarily suspending article commenting, Marc Benioff keeps one of these $40,000 amphibious vehicles at his house in Hawaii. Finally, I hope you enjoyed reading about Marc Benioff's home. Kona hospital workers in May, 2020, welcome a shipment of masks from billionaire Marc Benioff. In addition to giving money to the children's hospital, Benioff hosts fabulous private concerts and parties to raise money for it. The 20-inch-tall carving, created between1780 and 1819, has lived in a private collection in Paris since the 1940s. Marc sponsors free concerts annually. Perhaps he enjoys the simple life. as well as other partner offers and accept our. Salesforce CEO Marc Benioff loves all things Hawaii. Salesforce CEO and founder Marc Benioff helped arrange the estimated $1.9 million donation to Hawaii County Civil Defense, West Hawaii Today reported Sunday. requires an appraisal, and at this level the Art Advisory Panel will take a good look at it. (from Benioff's Twitter page) A San Francisco tech billionaire with a home on the Kona coast wants to make sure the Big Island doesn't run out of masks. Benioff is an active angel investor who has backed a dozen or more companies. The Benioffs, who own land in Hawaii, donated the carving to Bishop Museum in Honolulu, where. But it was ``a big deal,'' he said. Benioff joined Oracle in his early 20s working for CEO Larry Ellison. The Benioffs, who own land in Hawaii, donated the carving to Bishop Museum in Honolulu, where they felt it belongs. Salesforce CEO Marc Benioff loves all things Hawaii. [34], In 2009, Benioff was named a Young Global Leader by the World Economic Forum, and is a member of its Board of Trustees. [29], As of February 2022, Benioff had an estimated net worth of US$8.31 billion according to Bloomberg Billionaires Index. [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 is a well-known internet entrepreneur born in San Francisco, California, on September 25, 1964. Please enable Javascript to watch this video, Marc Benioff keeps one of these $40,000 amphibious vehicles at his house in Hawaii. [10] He is married to Lynne Benioff and has two children. After a bit of deliberation, the board ended up accepting the gift for use by emergency personnel. 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. 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. He owns a 5-acre estate in Hawaii Karl Hedberg/Honolulu Magazine Benioff built a huge compound on the island of Hawaii, the state's largest island. 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. Similar pieces are only found in museums, said Susan Kloman, head of African and Oceanic Art at Christie's, in a description of the piece prior to the auction. [3][7], On September 16, 2018, Marc and his wife Lynne bought Time for $190 million. [52] In April 2020, Benioff donated more than $1 million to Give2SF COVID-19 Response and Recovery Fund. 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 Salesforce's profit on philanthropic endeavors. Marc Benioff, cofounder and co-CEO of Salesforce, said in a Slack message to employees on Friday that the company's newest workers weren't productive enough. This was a departure from his philanthropic endeavors. The carving was likely part of a temple on the Big Island, where King Kamehameha I prayed to Ku to unify the Hawaiian islands, Benioff said. [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. Marc Benioff Address: Jackson St, San Francisco, CA 94118. By clicking Sign up, you agree to receive marketing emails from Insider DEVELOPER MEDIA KIT We couldnt imagine that such a work could still exist in a private collection.. Microsoft and Salesforce used to be arch enemies, with Benioff havingnary a nice thing to say about former Microsoft CEO Steve Ballmer. "There would be no Salesforce.com without Steve Jobs, Benioff said at TechCrunch Disrupt last year. He also owns a. [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. Check out this video to see the Quadski in action. ``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.''. But it won't last long. 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 . Over the years, many of Hawaiis cultural treasures have resided outside of Hawaii. Its a spiritual item, Benioff told the Chronicle. A Bay Area native, Jill earned a master's degree in journalism at the University of Colorado, Boulder and a bachelor's degree from the UC Santa Barbara. 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. high price to exercise options and sell chunks, Benioff said at TechCrunch Disrupt last year. Your email address will not be published. It's unclear where the carving was before that. The Hawaiian Hall at the Bernice Pauahi Bishop Museum. DESIGN NETWORK MEDIA KIT After all, that's why he came to Hawaii in the first place. Mr. Blau and other experts point out that radiocarbon testing can narrow down the age of the wood, but not when it was carved. # 338 Marc Benioff $6.89B Random fact: Owns a 7,600-square-foot home in Hawaii. A 73-acre oceanfront property on Maui's north shore has come on the market for the first time ever. "Many things we created in our company he was the inspiration for, and guided us to.". Copyright 2023. He is the Founder of TIME Ventures. When Salesforce opened offices in France, Benioff was invited to dine with French President Francois Hollande (pictured), too. About Marc Benioff. The. Jill Tucker is a San Francisco Chronicle staff writer. 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. 02-2503-2490, Our goal is to create a safe and engaging place for users to connect over interests and passions. 03:28. He was hired as a creative advisor to the firm, founded by his friend Marc Benioff In January it fired nearly 8,000 workers despite hiring 30,000 since 2020 By Neirin Gray Desai For Dailymail.Com Benioff and his wife Lynne gave the statue to theBishop Museum in Honolulu, in an donation announced by the museum this week. 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. 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. This is a carousel. The two also shared the same spiritual ideals. Marc Benioff and 9 others. The donation was made by the. "Ohana," Hawaiian for family, is a core tenant of the company's culture. His fourth book, Trailblazer, documents his journey leading Salesforce to becoming the software behemoth it is today. Here are some of the most fascinating facts about Marc Benioff 1. He wears Hawaiian shirts to work and even named his dog "Koa," a word that means "daring warrior" in the native tongue. Also, the couple is blessed with two children. Moreover, it gives you all the benefits of owning a swimming pool and all the work and expense of []. 4. As people left, they were handed a box and inside was a book about spiritual growth by Yogananda called the "Autobiography of a Yogi. 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. Upon his return, Schultz set in motion a second act that saw Starbucks transform from a coffee house into a consumer app, AI platform, and neobank. This provenance, George Bennet collection, London, which has no documentary corroboration, was included in marketing materials from Christies. 5. Shortly after Salesforce.com launched, the internet bubble burst, and the idea was declared a loser. Marc Benioff is a well-known internet entrepreneur born in San Francisco, California, on September 25, 1964. His full name is Marc Russell Benioff. When he's not leading his sprawling CRM company, Benioff serves on the World Economic Forum as a board of trustee member. He swam with dolphins and embraced the spirit of Aloha, according to Saleforces online information. [33] In 2019, the Benioffs donated $25 million to UCSF to create the UCSF Benioff Center for Microbiome Medicine; $10 million to Stanford for the Microbiome Therapies Initiative;[46] and $35 million to establish a Prostate Cancer Research Initiative at UCSF. October 12, 2020. 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 . The SFPD even took one of the Quadskis out for a spin last weekend. And so the debate, and the uncertainty, goes on. Access your favorite topics in a personalized feed while you're on the go. Benioff answered the email introduction asking for backing within seven minutes, with a simple promise: "I'm in. 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. A statue of a Hawaiian war god bought at auction for about $7.5 million is now the centerpiece of a major exhibition in Honolulu. Stay up to date with what you want to know. The museums current Transformative Images exhibition, in which the figure is on show, presents it cautiously, describing it as long held in a private French collection, but not specifying when it was carved. He was there in 1984 during the famous introduction of the Macintosh. The last gift Jobs ever gave him was a book. He said at a 2012 conference that he spends about a third of his total time at his vacation home. He started boxing when he was twelve. Benioff is regarded as a visionary. 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. 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