The Quadski XL is quite the billionaire toy itcan travel up to 45 miles per hour on both water and land and theytypically costabout $50,000 each. # 338 Marc Benioff $6.89B Random fact: Owns a 7,600-square-foot home in Hawaii. But the billionaire businessman does not typically buy art. [64], In April 2015, Benioff announced that he would review salaries at Salesforce to ensure men and women were paid equally. [43][44][45], In 2010, the Benioffs donated $100 million to UCSF Children's Hospital. as well as other partner offers and accept our. June 15, 2018. ", Benioff said Jobs' final message was clear: "Look inside yourself and realize yourself.". The SFPD even took one of the Quadskis out for a spin last weekend. Mr. Blau and other experts point out that radiocarbon testing can narrow down the age of the wood, but not when it was carved. He also owned 23 acres of undeveloped land on the Waikoloa Beach Resort, which recently sold for $16 million. [17] Benioff extended Salesforce's offerings in the early 2000s with the idea of a platform that allowed developers to create applications. Benioff also said he's pleased with Salesforce's operating cash-flow performance and projections. They have recently reconciled, thanks to a multimillion-dollar business deal. Missionaries presumably boxed it up along with other sacred Hawaiian relics and sent it to Europe. The San Francisco couple then donated the piece to the Bishop Museum in Honolulu, which announced the acquisition this week. 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. Melia Robinson/Business Insider and Christie's. When he travels, he prefers B&B accommodations. In between, she spent two years as a Peace Corps volunteer teaching English in Cape Verde, West Africa. It felt like a once-in-a-lifetime opportunity to return something like this to its home, Benioff added. 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. 3050 Biscayne Blvd. 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.. As these startups grow, the charitable giving grows, too. We couldnt imagine that such a work could still exist in a private collection, Susan Kloman, head of African and Oceanic Art at Christies, said in the pre-auction promotional content for the Verit sale. 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. ``This is a very, very big deal.''. Benioff is breaking records with the growth of his company. Heres what first half of March looks like. Marc Benioff Retweeted. Salesforce ended its latest fiscal year with $5.37 billion in revenue. Its not really something that should be held to help the power of one person.. Thankful to have lived through all of this!". Dead or brown grass can make the yard look dull and uninviting. On the islands, he connected with locals and learned about many of the Hawaiian's traditions and customs, including the concept of Ohana. Its a spiritual item, he said. Besides the area, the physical condition is also excellent, and it is prepared with good construction materials. PC: state of Hawaii, Office of the Governor. Now he's promising that Salesforce will soon double that and become the fastest enterprise software company EVER to deliver $10 billion in revenue. [33] In 2014, they donated an additional $100 million to the hospital and $50 million to fund research on premature birth. Marc Benioff is an American businessman, author, and philanthropist who has a net worth of $6.7 billion dollars. The San Francisco couple then donated the piece to the Bishop Museum in Honolulu, which announced the acquisition this week. Ellison invested $2 million as an angel and sat on the board for a while. When he's not leading his sprawling CRM company, Benioff serves on the World Economic Forum as a board of trustee member. But it won't last long. DEVELOPER MEDIA KIT He tends to wear not one but two wrist-worn fitness trackers, and he loves talking about his internet-connected toothbrush. But the billionaire businessman does not typically buy art. We're still learning about who Marc Benioff really is as a person. 5. "When I was 25, I was the youngest VP. Overview. [53] In April 2021, Benioff and Salesforce sent a plane filled with medical supplies to India to help the country handle the COVID-19 pandemic. In 1979, at age 15, he founded his first company, Liberty Software, which wrote Atari video games. "[40], In 2019, he was recognized as one of the 10 Best-Performing CEOs by Harvard Business Review[41] and as the CNN Business CEO of 2020. "That new kind of . Salesforce CEO Marc Benioff loves all things Hawaii. In Hawaiian culture, Ohana . 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. The carving was probably part of a temple on the Big Island, where King Kamehameha I prayed to Ku to unify the Hawaiian islands, Benioff said. As a subscriber, you have 10 gift articles to give each month. And he was forever inspired by, and friends with, Jobs. Over $5 billion in revenue is a big milestone for a 100% cloud-computing company. 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. 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. Furthermore, he was also a social activist. 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. The donation was made by the. "Are we not building tribal. And he advocates giving back. He wears Hawaiian shirts to work and even named his dog "Koa," a word that means "daring warrior" in the native tongue. He added that if the sculpture is of a much later date, it could have a financial value of less than $5,000. After all, that's why he came to Hawaii in the first place. He reportedly bought the land for $12.5 million in 2000 and spent years designing it, even launching his own construction company to build it, The Wall Street Journal reported back in 2006. It's a great city in California. When Salesforce CEO Marc Benioff designed the layout of his company's flagship new building in San Francisco, he brought in Buddhist monks for help. Welcome to Urban Splatter, the blog about eccentric luxury real estate and celebrity houses for the inquisitive fans interested in lifestyle and design. SIMPLY PUT - where we join the dots to inform and inspire you. [14] He joined Oracle Corporation in a customer-service role after graduating. Access your favorite topics in a personalized feed while you're on the go. During corporate retreats in Hawaii, he leads his executive team into the surf . The ki'i is 20 inches tall and stands in a warrior pose. It's unclear where the carving was before that. Despite Benioff not having any actual ties to Hawaii apart from owning property there, his obsession with the island state is now a key cultural foundation for Salesforce. Subscribe to get the latest Haute Living Real Estate Network news delivered straight to your inbox. [58], Marc and Lynne Benioff have been included in lists of top givers by Forbes and the Chronicle of Philanthropy. 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 . Benioff is regarded as a visionary. pic.twitter.com/gOiDxrn3H2. Jill Tucker is a San Francisco Chronicle staff writer. [4], In 2019, Benioff started Time Ventures, a venture capital fund that has invested in multiple companies, including Commonwealth Fusion Systems, Universal Hydrogen and NCX. The kii is 20 inches tall and stands in a warrior pose. It usually [], One of the best additions to any backyard is an outdoor swim spa. Marc and David are distant cousins who sharea great-grandfather, Isaac. . The house has five bedrooms and four bathrooms in over 6,000 square feet of space. 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. His full name is Marc Russell Benioff. 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. But, because Salesforce is on fire,Benioff wanted $70 billion, reports said, and the negotiations fell through. 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. She is a frequent guest on KQED's "Newroom" television show and "Forum" radio show. The museum plans to make the carving a centerpiece in a new exhibition opening in February. Google to Box are among the companies that have adopted it. I am sure Batkid would like a ride! [8][9], Benioff is a second cousin of showrunner and television writer David Benioff, known for Game of Thrones. NEW DEVELOPMENTS, Haute Residence is brought to you by Haute Media Group | Disclaimer. Salesforce CEO Marc Benioff laughs with his wife Lynne Benioff during the grand opening ceremony of the Salesforce Tower in San Francisco, Calif. Tuesday, May 22, 2018. At the sale in Paris, Christies said the wooden war god was about 200 years old. He was one of the youngest executives ever at Oracle. George Bennet, a voracious collector, was on that voyage, and Mr. Harding believes that the figure sold at Christies was very likely from his personal collection. But now doubts have emerged about the sculptures age, inside and outside the Bishop Museum. Ryan Aytay. [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. No wonder Marc Benioff, Jack Dorsey, George Soros, Don and Doris Fisher and Tom Steyer snatched up homes when they could. You'll have a better-looking and more enjoyable household by having one. 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.. Benioff has long been known as one of the most flamboyant, philanthropic, larger-than-life personalities in the tech industry. ``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.''. The company also regularly invites Hawaiian singers and dancers to perform at conferences and events. 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. [8] Benioff worked at Oracle for 13 years in a variety of sales, marketing, and product development roles. The Big Island's Mount Kea Resort, where Guy Lalibert's residence is located, is where the founder, chairman, and CEO of Salesforce purchased his hideaway for $12.5 million (9.3 million). He wears Hawaiian shirts to work and even named his dog "Koa," a word that means "daring warrior" in the native tongue. He loves Hawaii so much he used to wear Hawaiian shirts to work. Marc Benioff I have been on hundreds of panels. Salesforce CEO Marc Benioff has a net worth of $6.5 billion, according to Forbes.. Benioff is something of an anomaly among Silicon Valley CEOs he was actually born and raised in the San Francisco Bay Area.. Benioff worked at Oracle for 13 years before leaving the company to work on Salesforce full time.. Visit Business Insider's homepage for more stories. Marc Benioff, who runs Salesforce, speaking at the World Economic Forum in Davos, Switzerland, in January 2020. . Anthony Meyer, a dealer based in Paris and a specialist in Oceanic artworks, said I dont think its a pre-contact or post-contact sculpture carved by someone with the belief systems of that period or place, referring to Captain James Cooks arrival in Hawaii in 1778. He wears Hawaiian shirts to work and even named his dog "Koa," a word that means "daring warrior" in the native tongue. 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. His love of big parties continues. Stay up to date with what you want to know. Benioff got in a bidding war and ultimately paid $7 million for the idol,according to the San Francisco Chronicle. 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. But it was a big deal, he said. 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 . 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 . He helped create a whole new category of tech called "software as a service.". 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. The Salesforce founder has long had a connection to Hawaii. Benioff was born in San Francisco, the fourth generation of his family born there. Salesforce has seen its market value drop by roughly half since its peak in 2021, to $150 billion. 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. [49], In 2019, the Benioffs donated $30 million to the Center for Vulnerable Populations for the Benioff Homelessness and Housing Initiative to study the impacts of homelessness, housing, and health. [3], Benioff founded Salesforce in 1999[15] in a San Francisco apartment and defined its mission in a marketing statement as "The End of Software. 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