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. Marc Russell Benioff (born September 25, 1964) is an American Internet entrepreneur, with a net worth of $7.1 billion as of May 2020. Lynne has not revealed her net worth. She serves on the board of the Oakland Zoo, spent eleven years on the Board/Advisory Committee for the Astronomical Society of the Pacific, and lectured on astronomy with the California Academy of Sciences. The CEO of Salesforce, Benioff seems secretive about his personal life as he has still managed to keep his personal stuff including his family life out of media limelig ht. Mr. Buell is a decorated Vietnam War veteran. 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She previously served as the Director of Public Relations Campaigns at OutCast Communications (1998 to 2003). The San Francisco Bay area ranks among the worst places in the country for homelessness, with the problem so widespread and conditions so abysmal that an October United Nations report deemed the crisis a human rights violation. A recent report from the Bay Area Council Economic Institute, a local think tank, said more than 28,000 are experiencing homelessness in the Bay Area. She is a distinguished director of the board of Overseers of the University of California San Francisco Foundation, and serves on the board of directors of The Rise Fund, UCSF Benioff Children's Hospitals, Common Sense Media, the Benioff Ocean Initiative, and Forward. 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. The seventh memberis the U.S. Secretary of the Interior or herdesignee. 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. Marc is a self-made billionaire, who had made millions within his mid-20s. TV Shows. Mother Bruce Willis Children With Demi Moore: Divorced Is Buster Murdaugh gay? How much is his salary? The founder of Salesforce, Marc Benioff and his wife Lynne Benioff, have agreed to buy Time magazine for $190 million in cash from media and marketing company, Meredith Corporation. She formerly chaired the Presidio Trust board Governance Committee and served as a director of Common Sense Media. The efforts aim to develop microbe-based diagnostics and precision therapies for diseases ranging from allergy and . var qs = Object.keys(params).reduce(function(a, k){ a.push(k + '=' + encodeURIComponent(params[k])); return a},[]).join(String.fromCharCode(38)); The Benioffs said Sunday they will buy the 95-year-old newsmagazine for $190 million from owner Meredith Corp., which put the title . Lynne Benioff: Kids/Children Name: 2: Profession: Businessman: Net Worth: $10 Billion: Last Updated: February 2023: Marc Russell Benioff or popularly known as Marc Benioff is an American internet entrepreneur. The cookie is used to store the user consent for the cookies in the category "Performance". Health Update Age And Family Details. At Points of Light, we inspire, equip and connect nonprofits, businesses and individuals ready to apply their time, talent, voice and resources to solve societys greatest challenges. from the University of Washington. (adsbygoogle = window.adsbygoogle || []).push({}); Copyright 2021, Pinoria.com. . in Business Administration from the University of Southern California, where he is on its Board of Trustees. Lynne is a marketing consultant and a philanthropist. The Benioffs bear two children of their own. Weekly (1923-2020); twice monthly (2020-present). 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 . [67] The governor vetoed the bill. This time it's Salesforce CEO Marc Benioff and his wife Lynne Benioff. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". In June 2015, President Obama introduced 3 new members to the board that helps run the national park including Ms. Benioff. Marc Benioff is married to Lynne Benioff, according to our records. These cookies track visitors across websites and collect information to provide customized ads. Lynne Benioff, Marc Benioff, Sian Proctor and Hayley Arceneaux attend the TIME100 Summit 2022 at Jazz at Lincoln Center on June 7, 2022 in New York. The couple paid $190 million in cash for the 95-year-old newsmagazine, which has over 2 million subscribers. Happy Valley: Who Are Rhys Connah Parents? Ms. d.getElementById("contentad480652").appendChild(s); It does not store any personal data. Previously, Ms. Benioff was Director of Public Relations Campaigns at OutCast Communications from 1998 to 2003. Sign up to receive the latest events, news, and features from the Presidio, and then come visit us! Mr. In 1999, when Salesforce founder Marc Benioff established the company's 1-1-1 philanthropic model, the foundation sought to increase its charitable dedications through 1% of the Salesforce's equity, 1% of its product, and 1% of the employees' time. }; exitPopMobile: true, She is a Distinguished Director of the Board of Overseers of the University of California San Francisco Foundation and serves on the board of directors of The Rise Fund, UCSF Benioff Children's Hospitals, and the Benioff Ocean Initiative. Lynne and her husband Marc, have two children; daughters. The cookie is used to store the user consent for the cookies in the category "Other. A graduate of the University of San Francisco, he also sits on their Board of Trustees. Some Lesser Known Facts About Rebecca Hampton She likes to be active by doing lots of sports like playing with her kids, paddling, biking, surfing, and swimming. Top beneficiary: The University of California at San Francisco Benioff Childrens Hospital. Ms. McNeil resides in San Francisco. 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. Lynne is married to Marc Benioff. Lynne Benioff: Childern: $3.7 Billion: Childhood. and Mrs. Benioff will not be involved in the day-to-day operations or journalistic decisions, which will continue to be led by Times current executive leadership team, Meredith said in announcing the deal Sunday. He grew up alongside his two siblings Julie and Jill, in San Francisco, CA, learning about business entities from his father Lynne Benioff is a philanthropist, active on the boards of several organizations. 101 Marietta Street, Suite 3100 from Colby College and an M.B.A from the Kellogg School of Management at Northwestern University. She is a Distinguished Director of the Board of Overseers of the University of California San Francisco Foundation, and serves on the board of directors of The Rise Fund, UCSF Benioff Childrens Hospitals, and the Benioff Ocean Initiative. 2. She was appointed tothe Presidio Trust boardin 2019. Points of Light reports and toolkits share best practices and innovative ideas to equip individuals and organizations to make a difference. [36][37], In 2012, he was named one of the "Best CEOs in the World" by Barron's[38] and received The Economist's Innovation Award. Under his leadership, his team created a comprehensive trail and overlooks network, restored the Presidios rich mosaic of natural and cultural landscapes, and established national park experiences that serve urban youth. The biggest was a $100-million pledge to strengthen research and clinical care at both the San Francisco medical center and its affiliate, University of California at San Francisco Benioff Childrens Hospital Oakland. Rebecca Hampton Height, Age, Boyfriend, Family, Biography & More. Lynne Benioff is an independent marketing consultant and philanthropist active with several health care and community foundations. In 2011 she co-foundedStar Community Home, a short-term residential community for homeless families in San Francisco. Tech companies are often accused of perpetuating the problem by flooding areas with highly paid workers, which in turn raises the local cost of living. In this company, it is estimated that he has . A Fortune. d.getElementById("contentad587938").appendChild(s); People and his relatives often call him Marc Benioff. The Presidios transformation reached a high point with the 2022 opening of Presidio Tunnel Tops, 14 acres of trails, gardens, overlooks, and youth play spaces built atop a reclaimed highway tunnel. Instantly after this gloomy incident, the generous couple decided to contribute $20 million to the hospital without public announcement. She was appointed to the Presidio Trust boardin June 2021. Salesforce on Thursday announced $300 million in new climate-related commitments from the company and its CEO Marc Benioff, along with his wife, Lynne. This field will be updated as soon as information from a reliable source is available. All rights reserved. [8] In 1979, when he was 15, Benioff founded Liberty Software, creating and selling games such as Flapper and King Arthur's Heir for the Atari 8-bit. Under Benioff's leadership, Salesforce is the #1 provider of Customer Relationship Management (CRM) software globally. She likes to keep her personal matters away from the public eye making it difficult to know her age. Additionally, she endowed a joint chair between the Hoover Institution and the Economics Department at Stanford University, a first-ever creative association. The new donation is the largest ever for ocean science at UC Santa Barbara and one of the largest known gifts . The lovely couple has given birth to two gorgeous daughters together. [8][9], Benioff is a second cousin of showrunner and television writer David Benioff, known for Game of Thrones. Billionaire internet entrepreneur Marc Benioff and his wife, Lynn, completed the $190 million acquisition of Time magazine from Meredith on Thursday. At the age of 14, he sold his first piece of software, How to Juggle, for $75. }; As the founder, CEO, and Chairman of the cloud computing company salesforce.com, he has made waves in the tech industry. During the year 1986 (13 years before Salesforce), he spent as a protege of Larry Ellison at database software giant Oracle. Marc was born on September 25, 1964, in a Jewish Family. Movies. Marc and his wife Lynne have given birth to two gorgeous daughters together. Marc Benioff and Lynne Benioff/ credit Michael Kovac/ Getty "During the last 18 months, we have all experienced unprecedented change, uncertainty and upheaval, primarily as a result of the COVID . Lynne Benioff is an American philanthropist and an independent marketing consultant who is active with a variety of health care and community foundations. However, this section is under review, we will update you when details about her net worth are available from a reliable source. Mark W. Buell, vice chair of the Presidio Trust board, is a native San Franciscan whohas spent 35 years in public and private real estate development. Marc Benioff, co-CEO and co-founder of Salesforce.com, and his wife, Lynne, are the new owners of Time magazine. [55], In October 2020, Marc and Lynne Benioff were founding partners of Prince William's Earthshot Prize, a program for finding solutions to environmental issues. Holly Frazier Husband | Who Is She Married With? However, the majority of the wealth has come from the company he owns, Salesforce. [64] 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 Benioffs previously gave the hospital $100-million in 2010. var params = Lynne Benioff details about age or date of birth are not known. She also served as a Deputy City Attorney in the San Francisco City Attorneys Office. Lynne Benioff Biography And Wiki. The wealth has been generated from various sources including his career as an employee of Oracle. [32] 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. Bush Points of Light Award for their civic engagement. Mr. Buell is a former board president of the Golden Gate National Parks Conservancy and currently co-chairs the Presidio Tunnel Tops Campaign Committee with Presidio Trust board chair Lynne Benioff. She admits to being a fan. The real name of this Entrepreneur is Marc Russell Benioff. 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. 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. That's why we aim to mobilize, connect, and empower the global reforestation community to conserve, restore and grow one trillion trees by 2030. The Benioffs will personally contribute $200 . Lynne Benioff Husband. wid: "587938", Benioff previously spent 13 years at Oracle Corp., which was founded by Larry Ellison, the Ellison Institute's primary benefactor. [17] Benioff extended Salesforce's offerings in the early 2000s with the idea of a platform that allowed developers to create applications. We have far more to learn about designing the most effective ways to prevent and end homelessness.. At the core of our philosophy is the belief that the most powerful force in the world is the individual who has realized their power to do good. She is a distinguished director of the board of Overseers of the University of California San Francisco Foundation, and serves on the board of directors of The Rise Fund, UCSF Benioff Childrens Hospitals, Common Sense Media, the Benioff Ocean Initiative, and Forward. Rich Rusnack, Chief Business Officer, is a seasoned real estate and financial leader who had driven success in a variety of sectors. Post-Workout Nutrition Advice to Make the Most of Your Sweat Session! [68], 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. Marc Benioff, billionaire founder of Salesforce, and his wife, Lynne, have donated $30 million to launch research into the root cause of homelessness and find ways to end it. The publishing and media company also disclosed plans to lay off 1,200 employees. He previously worked at Oracle Corporation for 13 years, where he was the youngest vice president in company history. He owns 3% of the company, according to January 2023 filing. The couples charitable activities began several years before in 2008 when they welcomed their daughter battling with the complicated pregnancy at UCSF hospital. The billionaire CEO of Salesforce, Marc Benioff, and his wife, Lynne Benioff, have donated $30 million to fund research efforts looking into the root causes of homelessness and ways to end it.The . How to Equip Yourself Before an MRI Scan? As Chief Operating Officer, she leads marketing communications, government affairs, administration + procurement, IT, and the Project Management Office. In 2013, Amazon CEO Jeff Bezos bought The Washington Post and last year Laurene Powell Jobs, who was married to Apple co-founder Steve Jobs, bought a majority stake in The Atlantic. He was named one of the Worlds 50 Greatest Leaders which was published by Fortune in the year 2016. [34], In 2003, President Bush appointed Benioff co-chair of the President's Information Technology Advisory Committee. Marc Benioff's company, Salesforce, threw in $100 million more . She is alive and in good health. Lynne Benioff is an independent marketing consultant and philanthropist active with several health care and community foundations. His projects included the transformation of Crissy Field, the Alcatraz Island Master Plan, the National AIDS Memorial Grove, and planning the Presidios initial transition from Army post to national park. Mark Laret, . At the Presidio Trust, he oversees the parks commercial, residential, and hospitality real estate assets. Of the three notable donations they gave to the hospital, the biggest was a hundred million dollars pledge to support research & clinical care at the hospital. We help nonprofits recruit, train and manage community volunteers. [2] 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. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. From 1998 to 2003, Lynne was the Director of Public Relations Campaigns at OutCast Communications. 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. Amount donated in 2010: $100-million Beneficiary: University of California at San Francisco Children's Hospital Donors' background: Mr. Benioff founded Salesforce.com, a technology company in San Francisco. By Catherine Bigelow Catherine Bigelow/Special to The Chronicle. Menu. Marc Benioff (Marc Russell Benioff) was born on 25 September, 1964 in San Francisco, California, United States, is an American businessman. According to the article in INFORMATIONCRADLE, it is informed that in the month of January 2012, Marcs father passed on.
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