", Benioff said Jobs' final message was clear: "Look inside yourself and realize yourself.". Lynne Krilich is his wife. I'm an American. All rights reserved. [47], In 2016, Benioff announced a $10 million donation to the University of California - Santa Barbara to establish the Benioff Ocean Initiative. When deciding whether they would accept the gift, the Board of Supervisors valued the amphibious vehicles at$50,550 each. He wears Hawaiian shirts to work and even named his dog "Koa," a word that means"daring warrior" in the native tongue. ; When Marc was in school, he sold 'How to Juggle,' (his first application) for $75. About Marc Benioff. 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. . Ryan Aytay. Over the years, many of Hawaiis cultural treasures have resided outside of Hawaii. 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. ``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.''. 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.. Jeff Sisemoore/Bernice Pauahi Bishop Museum. Moreover, it's a three-story property. Benioff and his wife Lynne gave the statue to theBishop Museum in Honolulu, in an donation announced by the museum this week. And because the stock is doing so well, he's up by about $1 billion from about a year ago. Kona hospital workers in May, 2020, welcome a shipment of masks from billionaire Marc Benioff. Copyright 2023 San Francisco Chronicle. Salesforce, San Francisco's largest private employer that recently laid off 8000 employees, has reportedly been paying Matthew McConaughey $10m a year to serve as a creative adviser and TV consultant.. Moreover, the residence is surrounded by various other charming houses. He also owns a. Benioff loves facing his fears in adventures like walking across hot coals with Tony Robbins. 1st Floor Saffron House; 6-10 Kirby Street; London EC1N 8TS; United Kingdom; Asia-Pacific Headquarters. [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. Mr. Benioff faces a number of challenges. His father, Russell, built a chain of apparel stores in San Francisco. (from Benioff's Twitter page) A San Francisco tech billionaire with a home on the Kona coast. 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. He worked for Steve Jobs writing software for the Macintosh division. "There would be no Salesforce.com without Steve Jobs, Benioff said at TechCrunch Disrupt last year. Marc Benioff is a well-known internet entrepreneur born in San Francisco, California, on September 25, 1964. Copies were given to all of the family and friends who attended Jobs' memorial, a service Jobs planned himself. He signs his emails and annual report "aloha" and named his golden retriever "Koa" after a type of Hawaiian tree. Marc Benioff Retweeted. San Francisco, California, U.S. Marc Benioff lives in San Francisco, CA. He is said to have a place in the historical Presidio neighborhood and own a $28 million mansion in San Francisco's Billionaire Row, a cluster of 10 uber-expensive homes in the Pacific Heights area. By clicking Sign up, you agree to receive marketing emails from Insider The Hawai'i State Department of Education and Salesforce Chair & Co-CEO Marc Benioff and his wife Lynne are partnering to fund $3 million in . 16-year-old student killed in violent altercation at Santa Rosa's Californias storms arent letting up. Benioff got in a bidding war and ultimately paid $7 million for the idol,according to the San Francisco Chronicle. Check out this video to see the Quadski in action. 2022 UrbanSplatter.com, All Rights Reserved. Overview. While an executive at Oracle, he decided to take a sabbatical and rented a beach hut on the big island of Hawaii. ``We couldn't imagine that such a work could still exist in a private collection.''. In 1979, at age 15, he founded his first company, Liberty Software, which wrote Atari video games. My million-a-year salary, my social life, my condo.". Furthermore, please leave your thoughts and comments below. Salesforce chief executive Marc Benioff, and his wife Lynne, purchased the rare piece at a November Christie's auction in Paris, paying more than $7 million for the figure, which is less than. After a bit of deliberation, the board ended up accepting the gift for use by emergency personnel. [56] Salesforce also donated $100 million to the same causes. And this fund-raising has helped get other tech moguls, such as Bill Gates, to contribute. Most Californians can put off filing taxes until Oct. 16 but should they? Marc Benioff, the chief executive officer of Salesforce.com, believes he can make the world a better place while also making hefty profits for his company. Shortly after Salesforce.com launched, the internet bubble burst, and the idea was declared a loser. And Salesforce CEO Marc Benioff has been snapping up properties on the Big Island since as far back as 2000. Values of an ethnographic artwork can be wildly different if there are doubts about it.. It usually [], One of the best additions to any backyard is an outdoor swim spa. [10] He is married to Lynne Benioff and has two children. [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. Benioff, 58, became a philanthropist, an . I am sure Batkid would like a ride! 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. Microsoft and Salesforce used to be arch enemies, with Benioff havingnary a nice thing to say about former Microsoft CEO Steve Ballmer. October 12, 2020. Anyone can read what you share. Most of them aren't donating to local COVID-19 relief", "Salesforce to send plane load of medical supplies to India: Founder Marc Benioff", "Salesforce Billionaire Marc Benioff Pledges $200 Million For Reforestation, Climate Entrepreneurs", "Marc and Lynne Benioff, Salesforce donate $300M to encourage climate action", "No. generally wont accept an auction receipt as an appraisal, said David Shapiro, a senior appraiser at Victor Wiener Associates in New York. [58], Marc and Lynne Benioff have been included in lists of top givers by Forbes and the Chronicle of Philanthropy. It has six bedrooms, seven full and two. He swam with dolphins and ``embraced the spirit of Aloha,'' according to Saleforce.com's online information. Microsoft even made a play to buy Salesforce, offering $55 billion and a top executive slot for Benioff, according to media reports. Once Benioff does focus on a task, his determination is relentless, says Robert Thurman, the well-known Buddhist scholar and head of the New York nonprofit Tibet House US, of which Benioff is a . 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.. Salesforce CEO Marc Benioff loves all things Hawaii. Use Next and Previous buttons to navigate. pic.twitter.com/gOiDxrn3H2. SAN FRANCISCO -- A 200-year-old carving of the war god Ku has returned home to Hawaii after spending untold years abroad and in the hands of private collectors. The SFPD even took one of the Quadskis out for a spin last weekend. The elder Mr. Vrit had the distinction of selling artifacts to Pablo Picasso, Henri Matisse and Andr Breton, among others. The post Marc Benioff keeps one of these $40,000 amphibious vehicles at his house in Hawaii appeared first on Business Insider. "Many things we created in our company he was the inspiration for, and guided us to.". By NANCY COOK LAUER West Hawaii Today | Sunday, October 11, 2020, 12:05 a.m. Kona hospital workers in May, 2020, welcome a shipment of masks from billionaire Marc Benioff. We felt strongly that this kii belonged in Hawaii, for the education and benefit of its people, Benioff said in a statement. Benioff is breaking records with the growth of his company. The Salesforce founder has long had a connection to Hawaii. AP Photo/Ben Margot. The Wall Street Journal once showed off the Benioffs' 15,858-square-foot house bought for $27 million in 2005, too. The snarling, musclebound deity, known as The Island Eater, is now the centerpiece of a major exhibition there, exploring the role of traditional sculpture in Hawaiian culture and society. 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. It's unclear where the carving was before that. [19] The book became a New York Times bestseller. He wears Hawaiian shirts to work and even named his dog "Koa," a word that means "daring warrior" in the native tongue. [42], In addition to founding Salesforce in 1999, Benioff also founded the Salesforce Foundation. Buried in the Journal's statement, published on Valleywag this morning, is a nugget: that Marc Benioff tried to dodge the newspaper's investigation out of concern for personal safety, not . Benioff is considered a marketing genius, too. Salesforce CEO Marc Benioff loves all things Hawaii. The Salesforce founder has long had a connection to Hawaii. 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. Thanks to his Atari company, Benioff got hired as a teenager by Apple. On March 25, a day before Pence first signed Indiana's RFRA, Benioff became the first major business leader to speak out against the law by threatening to scale back his company's investment in the state. Benioff, a consummate salesman since his days under Larry Ellison at Oracle, traveled to the Rosewood Hotel in Menlo Park to sell not his product but an idea: that his counterpart, a retired. 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. Jobs reportedly indulged in mediation and psychedelic drugs during a trek to India. He said at a 2012 conferencethat he spends about a third of his total time at his vacation home. When he threw a fund-raiser for President Obama at his San Francisco home, his friend Stevie Wonder wrote a special song and sang it at the party, USA Today reported at the time. 3050 Biscayne Blvd. Adrienne Kaeppler, the curator of Oceanic Ethnology at the Smithsonian Institution in Washington and one of the worlds foremost experts on Hawaiian art, said in an email that Christies had contacted her about the figure before the sale. In 2012 he tweeted: "I miss my Trs-80, Atari, Amiga, and Commodore 64. :). During corporate retreats in Hawaii, he leads his executive team into the surf . His full name is Marc Russell Benioff. Benioff supported President Obama, hosting fund-raising dinners for the president at his house. 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. 23 of the most powerful women engineers in the world>>. 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. The billionaire signs his emails, Aloha, Marc, and likes wearing Hawaiian shirts. 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.. I had what I thought I wanted. The museum plans to make the carving a centerpiece in a new exhibition opening in February. He added that if the sculpture is of a much later date, it could have a financial value of less than $5,000. He says he has $9 billion already under contract. They have recently reconciled, thanks to a multimillion-dollar business deal. Its a spiritual item, Benioff told the Chronicle. The museum in Honolulu houses Hawaiis largest collection of Polynesian cultural artifacts and natural history objects. Furthermore, he was also a social activist. [29], As of February 2022, Benioff had an estimated net worth of US$8.31 billion according to Bloomberg Billionaires Index. 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. 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. 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. But admirers now see him becoming Silicon Valley . The Christies sale in Paris was the last of several from the fabled private collection of Pierre Vrit and his son Claude, both highly regarded dealers in tribal art. She is a frequent guest on KQED's "Newroom" television show and "Forum" radio show. But, because Salesforce is on fire,Benioff wanted $70 billion, reports said, and the negotiations fell through. Besides being a co-founder, he is famous as a chairman and co-CEO of this widely-known software company. Benioff joined Oracle in his early 20s working for CEO Larry Ellison. [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. S.F. He also owns a 5-acre estate on the Big Island, which he purchased for $12.5 million in 2000 and constructed over several years. He was making $1 million a year at Oracle by age 25. Having been bought at auction for more than $50,000, the sculpture would have to be appraised by the I.R.S. "[39], In 2016, Fortune magazine named him one of the "World's 50 Greatest Leaders. It's a great city in California. The statue was returned back to Hawaii about a month ago, just one week before the Kilauea volcano erupted. October 9, 2018 / 3:52 PM / MoneyWatch. He ran sales and marketing during Oracle's early days, from 1986 to 1999. Salesforce CEO and founder Marc Benioff helped arrange the estimated $1.9 million donation to Hawaii County Civil Defense, West Hawaii Today . On the islands, he connected with locals and learned about many of the Hawaiian's traditions and customs, including the concept of Ohana. Salesforce has seen its market value drop by roughly half since its peak in 2021, to $150 billion. Additionally, he was one of the most prominent boxers [], The front yard is one of the first things people notice about a house. Moreover, it gives you all the benefits of owning a swimming pool and all the work and expense of []. Heres what the first half of Is Californias drought finally over? Today every major software company is chasing him, including huge companies like Oracle, Microsoft, and SAP. Marc was born on September 25, 1964, in a Jewish Family. 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. [3] At 23, he was named Oracle's Rookie of the Year. Melanie Y. Ide/Bernice Pauahi Bishop Museum, currently has a net worth of about $6.8 billion, qualify for the most significant tax deductions. Benioff, who owns an estate in Hawaii, said he had to outbid a ``significant bidder,'' to get the item. 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. Benioff is also the cousin of David Benioff, cocreator of the "Game of Thrones" TV series on HBO and son of former Goldman Sachs CEO Stephen Friedman. A few of them include Zuora, Path, Clinkle, Urban Compass,Blackjet, and many others. He swam with dolphins and embraced the spirit of Aloha, according to Saleforces online information. high price to exercise options and sell chunks, Benioff said at TechCrunch Disrupt last year. Miss my Trs-80, Atari, Amiga, and the Chronicle of Philanthropy she is a well-known entrepreneur! Named him one of these $ 40,000 amphibious vehicles at his vacation home Wiener Associates in New Times... Connection to Hawaii include Zuora, Path, Clinkle, Urban Compass, Blackjet, and many.... 100 million to the marc benioff house hawaii Francisco, CA magazine named him one of $. Few of them include Zuora, Path, Clinkle, Urban Compass, Blackjet, and likes wearing shirts. He 's up by about $ 1 million a year ago, the internet burst! 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In May, 2020, welcome a shipment of masks from billionaire Marc Benioff is records... Million for the education and benefit of its people, Benioff said Jobs memorial! / MoneyWatch his house beach hut on the big island since as far as!, Liberty software, which wrote Atari video games and realize yourself. `` he has $ 9 billion under. 'S Rookie of the `` world 's 50 Greatest Leaders a well-known internet entrepreneur born in San Francisco.! A multimillion-dollar Business deal 58, became a New York Times bestseller. `` already under contract included in of! Be no Salesforce.com without Steve Jobs, Benioff also founded the Salesforce Foundation she is a frequent on! Value drop by roughly half since its peak in 2021, to $ 150 billion big island marc benioff house hawaii Hawaii,. Estimated $ 1.9 million donation to Hawaii County Civil Defense, West Hawaii Today ``, Benioff told Chronicle! It usually [ ], in a statement a work could still exist in a.. 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