The swim spa becomes both a focal point aesthetically and entertainment-wise. [29], As of February 2022, Benioff had an estimated net worth of US$8.31 billion according to Bloomberg Billionaires Index. Sign up for a weekly brief collating many news items into one untangled thought delivered straight to your mailbox. 1st Floor Saffron House; 6-10 Kirby Street; London EC1N 8TS; United Kingdom; Asia-Pacific Headquarters. The elder Mr. Vrit had the distinction of selling artifacts to Pablo Picasso, Henri Matisse and Andr Breton, among others. Benioff loves music. The timing was not lost on Benioff, according to the Chronicle. 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. This is a very, very big deal.. 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. The I.R.S. [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. pic.twitter.com/gOiDxrn3H2. [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. Unit 6807-09, The Center; 99 Queen's Road Central; Hong Kong; Contact Us. 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. He's been taking advantage of the high price to exercise options and sell chunks of stock to use for charity and invest in other ways. Salesforce CEO Marc Benioff loves all things Hawaii. I am sure Batkid would like a ride! [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. We're still learning about who Marc Benioff really is as a person. The Salesforce founder has long had a connection to Hawaii. [69], In September 2021, Benioff announced that Salesforce would relocate any Texas employees who wanted to move after an abortion law went into effect. ``Today we can celebrate the arrival of this ki'i to Hawaii and to the Bishop Museum where it will serve as a symbol of great cultural pride as well as a reflection of Hawaii's spiritual past.''. 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 . It felt like a once-in-a-lifetime opportunity to return something like this to its home, Benioff added. Even though Salesforce is 16 years old and the Big Kahuna in its market, its fast growth rate is making investors love it. Salesforce Chairman and CEO Marc Benioff and his wife Lynne recently purchased kii (image) representative of the Hawaiian god Ku from the collection of Pierre and Claude Verite through a public auction held at Christies Paris in November 2017 and donated it to the Bishop Museum of Hawaii. Values of an ethnographic artwork can be wildly different if there are doubts about it.. Benioff is breaking records with the growth of his company. 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. "[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. We felt strongly that this kii belonged in Hawaii, for the education and benefit of its people, Benioff said in a statement. But the billionaire businessman does not typically buy art. I was very successful. [3][4], Benioff was raised in a Jewish family[5][6] in the San Francisco Bay Area. 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. Marc Benioff Retweeted. When he's not leading his sprawling CRM company, Benioff serves on the World Economic Forum as a board of trustee member. In 2018, the tech billionaire Marc Benioff donated a wooden statue of a Hawaiian war god he had bought at auction for about $7.5 million to the Bernice Pauahi Bishop Museum in Honolulu. [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. ; When Marc was in school, he sold 'How to Juggle,' (his first application) for $75. Dreamforce, the company's annual conference, is part business meeting and part music festival. The museum plans to make the carving a centerpiece in a new exhibition opening in February. With the Gates Foundation, the hospital is building a pre-term birth center at the Benioff Children's Hospital. 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. ``We couldn't imagine that such a work could still exist in a private collection.''. You'll have a better-looking and more enjoyable household by having one. 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. [70][71], Last edited on 20 February 2023, at 16:41, Benioff Homelessness and Housing Initiative, http://www.worldcat.org/identities/lccn-n2009036451, "Time Magazine Is Bought by Marc Benioff, Salesforce Billionaire", Jerusalem Post: "Jews take 5 of top 6 spots in annual list of top US givers" By JACOB BERKMAN, Jewish Philanthropy: "Jewish Philanthropy 2.0", "The rise of Marc Benioff, the bombastic owner of Time Magazine who just became Salesforce's sole CEO, has an $8 billion fortune, and owns a 5-acre compound in Hawaii", San Francisco Gate: "Marc Benioff, CEO, makes philanthropy a priority" by Casey Newton, "Frat Boys Are Taking Over The Tech World", "ROM Fun: Survey of recent cartridge games", "The Fabulous Life Of Tech Billionaire Marc Benioff", "A teenage Marc Benioff cold-called an Apple executive and got his dream internship", "The stratospheric rise of Marc Benioff and Salesforce", Salesforce Blog: "Marc Benioff: How to Turn a Simple Idea into a High-Growth Company" By Marc Benioff, "The story of why Marc Benioff gifted the AppStore.com domain to Steve Jobs", "WSJ News Exclusive | Nuclear-Fusion Startup Lands $1.8 Billion as Investors Chase Star Power", "Commonwealth Fusion, Backed by Gates, Soros, Benioff, Raises $1.8B", "NCX raises $50M for natural capital markets", "Marc Benioff backs start-up that uses satellites to count trees and pays people not to cut them down", "Universal Hydrogen Raises $62 Million in Series B", "Satellite imagery company Planet Labs is going public, backed by Google, BlackRock and Marc Benioff", "Planet Labs Looks to Expand Software Offerings, Win New Customers with IPO Funds", "IonQ Takes Quantum Computing Public with A $2 Billion Deal", "Top execs discuss 'mission that's above profits' in Detroit event", "Marc Benioff says CEOs must be held more accountable and pay more taxes, too | CNN Business", "Salesforce promotes Bret Taylor to co-CEO alongside Benioff", "The goodness business: how woke capitalism turned virtue into profit", "Billionaire CEO Marc Benioff is writing a sequel to his best-selling memoir about Salesforce and wants your help", "Salesforce CEO Marc Benioff explains why a Hindu guru and Colin Powell were critical mentors", "World Economic Forum Announces New Batch Of Young Global Leaders (Mark Zuckerberg, Chad Hurley, Kevin Rose And More)", "C.E.O.s Were Our Heroes, at Least According to Them", Barron's: "World's Best CEOs" By Andrew Bary, The Economist: "And the winners were" By The Economist Staff, Fortune: "Vote: Businessperson of the Year - Championship Round" By Fortune Editors, Fortune: "The World's 50 Greatest Leaders" By Geoff Colvin, "The Best-Performing CEOs in the World, 2019", "Marc Benioff of Salesforce is the CNN Business CEO of 2020", "Marc Benioff Reached Millionaire Status by Age 25 -- and 9 Other Things to Know About the Co-Founder of Salesforce", "Salesforce CEO Marc Benioff: The big giver", "Gut check: Benioffs donate $35 million to further study of microbiome at UCSF, Stanford", https://philanthropynewsdigest.org/news/benioffs-give-35-million-for-ucsf-prostate-cancer-research-initiative, "Benioff's new philanthropic mission: The oceans", "Benioffs and Salesforce put $300m into combating climate change on eve of COP26 | Computer Weekly", "UCSF Launches New Benioff Homelessness and Housing Initiative with $30M Gift", "Marc Benioff picks a new fight with Silicon Valley over trees", "Marc Benioff's $25 Million Blitz to Buy Protective Gear from China", "San Francisco has 75 billionaires. [3][8], While in high school, Benioff sold his first application, How to Juggle, for $75. 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. The carving arrived in Hawaii last month just one week before theKilauea volcano erupted. The Benioffs, who own land in Hawaii, donated the carving to Bishop Museum in Honolulu, where they felt it belongs. Heres what the first half of Is Californias drought finally over? 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. He still gets sentimental for those days. Windsurfing legend Robby Naish, 57, who has won 23 world championships, is selling his estate on. Marc Benioff House: The San Francisco Pad. 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 museum in Honolulu houses Hawaiis largest collection of Polynesian cultural artifacts and natural history objects. Copyright 2023 San Francisco Chronicle. The foundation uses a "1-1-1" approach to corporate philanthropy, where the company gives one percent of employee time as volunteer hours, one percent of its product and one percent of its revenue to charitable causes. In addition to the donation of art, Benioff has also committed to funding 100 percent of the Red Cross's emergency relief efforts related to volcanic eruption on the Big Island. Also, please follow us on each of these. Moreover, the residence is surrounded by various other charming houses. Salesforce CEO Marc Benioff paid $7 million to buy a carving of the Hawaiian god Ku at auction. [8][11][12] Royalties from these games helped Benioff pay for college. [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. [38], In 2014, Fortune readers voted him "Businessperson of the Year. Melia Robinson/Business Insider and Christie's. It has six bedrooms, seven full and two. [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. His love of big parties continues. Benioff built a huge compound on the island of Hawaii, the state's largest island. [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. pic.twitter.com/gOiDxrn3H2. . [52] In April 2020, Benioff donated more than $1 million to Give2SF COVID-19 Response and Recovery Fund. Check out this video to see the Quadski in action. She described the carving as an incredible discovery., When I first saw this figure I was astonished really speechless, she said. 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 20-inch-tall carving, created between1780 and 1819, has lived in a private collection in Paris since the 1940s. He wears Hawaiian shirts to work and even named his dog "Koa," a word that means"daring warrior" in the native tongue. Benioff supported President Obama, hosting fund-raising dinners for the president at his house. The statue was returned back to Hawaii about a month ago, just one week before the Kilauea volcano erupted. [3][7], On September 16, 2018, Marc and his wife Lynne bought Time for $190 million. DEVELOPER MEDIA KIT Some have returned home, others not yet,'' Akaka said in a statement this week. His father, Russell, built a chain of apparel stores in San Francisco. The idea for Salesforce.com came during a meeting with Ellison. After a bit of deliberation, the board ended up accepting the gift for use by emergency personnel. The SFPD even took one of the Quadskis out for a spin last weekend. 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. 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. Microsoft and Salesforce used to be arch enemies, with Benioff havingnary a nice thing to say about former Microsoft CEO Steve Ballmer. He said at a 2012 conferencethat he spends about a third of his total time at his vacation home. I think its made later, but I dont know when, added Mr. Meyer. [33], In 2003, President Bush appointed Benioff co-chair of the President's Information Technology Advisory Committee. (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. The family lives in San Francisco, California. He said at a 2012 conference that he spends about a third of his total time at his vacation home. Art Advisory Panel, which would recommend a true market value. 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. [47], In 2016, Benioff announced a $10 million donation to the University of California - Santa Barbara to establish the Benioff Ocean Initiative. Marc Benioff pays $7M to return rare Hawaiian war god relic to the islands, Track water shortages and restrictions across Bay Area. "When I was 25, I was the youngest VP. It felt like a once-in-a-lifetime opportunity to return something like this to its home, Benioff added. Thankful to have lived through all of this!". 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. But, because Salesforce is on fire,Benioff wanted $70 billion, reports said, and the negotiations fell through. Furthermore, he was also a social activist. He says he has $9 billion already under contract. [30], Benioff has co-written four books about business and technology. He owns an estate. But he says he's not a Democrat: "I'm not a Democrat and I'm not a Republican. 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. Benioff is a former executive of his largest competitor today: Oracle. The San Francisco couple then donated the piece to the Bishop Museum in Honolulu, which announced the acquisition this week. He is the co-founder of the software company Salesforce. Benioff was inspired by the Patagonia's founder 's recent decision to transfer his ownership and ensure the company's future profits go to charitable organizations focusing on environmental. Use Next and Previous buttons to navigate. He was one of the youngest executives ever at Oracle. At the sale in Paris, Christies said the wooden war god was about 200 years old. 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. Benioff is also friends with other tech billionaires including Michael Dell, CEO of Dell Computer. I am sure Batkid would like a ride! 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.. If I like someone, I'll give them money, but I'm not particularly close to anyone.". Furthermore, Marc Benioff is the co-writer of almost four books, including "Trailblazer": The Power of Business as the Greatest Platform for Change." He started boxing when he was twelve. They recently challenged each other to a public Fitbit contest to raise money for charity. Some have returned home, others not yet, Akaka said in a statement this week. Benioff never did drugs but did turn to meditation to "straighten myself out a little bit," he says. His full name is Marc Russell Benioff. A Democrat and I 'm not a Democrat: `` I 'm not Republican... 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