On the islands, he connected with locals and learned about many of the Hawaiian's traditions and customs, including the concept of Ohana. [50], In January 2020, Benioff announced that he and his wife would provide financial backing for 1t.org to support a global initiative to plant and conserve 1 trillion trees over the next decade. ", Benioff said Jobs' final message was clear: "Look inside yourself and realize yourself.". 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. His full name is Marc Russell Benioff. It's called the 1-1-1 model. Check out this video to see the Quadski in action. Lastly, read some other articles like this one on our frontpage. But some experts say it might not be as old, or as valuable, as the auction house claimed. Salesforce CEO Marc Benioff and his wife,. The Hawaiian Hall at the Bernice Pauahi Bishop Museum. Subscribe The payments to McConaughey, estimated at about $160m so far, were called out by the Wall Street Journal and come at a time when the company has laid off employees and cut back on monthly off . [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 vast Mediterranean-style home is currently on the market for $15.4 million, but only last year it was on for $17.5 million. 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. Benioff was born in San Francisco, the fourth generation of his family born there. Muhammad Ali was a professional boxer. In September, he bought Time magazine for $190 million. As a subscriber, you have 10 gift articles to give each month. [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. The tech billionaire Marc Benioff donated the statue to a museum in Honolulu. The home is located in a super-friendly area of San Francisco. 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. [59][60][61][62], In March 2015, Benioff announced Salesforce would cancel all employee programs and travel in the state of Indiana after the passing of the Religious Freedom Restoration Act, a bill that would allow companies and individuals to choose not to serve LGBT individuals based on religious beliefs. Check out this video to see the Quadski in action. Im 90 percent sure its a Bennet piece, Mr. Harding said. 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. He was one of the youngest executives ever at Oracle. "Ohana," Hawaiian for family, is a core tenant of the company's culture. That's why the last thing you want when you pull up in front of your home is for your lawn to be the eyesore of the street. He is the Founder of TIME Ventures. October 12, 2020. This is a guest post by Marc Benioff, the CEO of Salesforce.com, billionaire, and philanthropist. "There would be no Salesforce.com without Steve Jobs, Benioff said at TechCrunch Disrupt last year. Salesforce CEO and billionaire Marc Benioff might be having buyer's remorse after some art world experts have called into question the value of a supposedly 200-year-old wooden statue he bought. [30], Benioff has co-written four books about business and technology. All rights reserved. He said at a 2012 conferencethat he spends about a third of his total time at his vacation home. When he travels, he prefers B&B accommodations. In 1979, at age 15, he founded his first company, Liberty Software, which wrote Atari video games. It was a generous gift and one completely in tune with our cultural times. Marc Benioff is a well-known internet entrepreneur born in San Francisco, California, on September 25, 1964. 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 . Furthermore, he was also a social activist. I was concerned that its history only went back to the 1930s.. When deciding whether they would accept the gift, the Board of Supervisors valued the amphibious vehicles at $50,550 each. Updated to include drought zones while tracking water shortage status of your area, plus reservoir levels and a list of restrictions for the Bay Areas largest water districts. But the billionaire businessman does not typically buy art. Mr. Benioff, who would not comment for this article, currently has a net worth of about $6.8 billion, according to Forbes. Its not really something that should be held to help the power of one person.. he's up by about $1 billion from about a year ago. Unit 6807-09, The Center; 99 Queen's Road Central; Hong Kong; Contact Us. Having been bought at auction for more than $50,000, the sculpture would have to be appraised by the I.R.S. 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. Over $5 billion in revenue is a big milestone for a 100% cloud-computing company. Ryan Aytay. 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. Kona hospital workers in May, 2020, welcome a shipment of masks from billionaire Marc Benioff. Benioff has long been known as one of the most flamboyant, philanthropic, larger-than-life personalities in the tech industry. The kii is 20 inches tall and stands in a warrior pose. Subscribe to get the latest Haute Living Real Estate Network news delivered straight to your inbox. Welcome to Urban Splatter, the blog about eccentric luxury real estate and celebrity houses for the inquisitive fans interested in lifestyle and design. 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. Benioff gave his keynote anyway, at a nearby hotel. Corporate conference rooms have names like Maka Launa or Hala Kahiki, and the top floors of buildings, including the one on San Franciscos new Salesforce Tower, are called the Ohana, or family, floor. 02-2503-2490, Our goal is to create a safe and engaging place for users to connect over interests and passions. Lynne Krilich is his wife. The San Francisco couple then donated the piece to the Bishop Museum in Honolulu, which announced the acquisition this week. She described the carving as ``an incredible discovery. Mr. Benioff, who would not comment for this article, currently has a net worth of about $6.8 billion, according to Forbes. [43][44][45], In 2010, the Benioffs donated $100 million to UCSF Children's Hospital. He tends to wear not one but two wrist-worn fitness trackers, and he loves talking about his internet-connected toothbrush. 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. The past few months have been spectacular for billionaire Marc Benioff and his 16-year-old company, Salesforce. 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. He decided to take a sabbatical, so he rented a beach house in Hawaii (doesn't get much more relaxing than that). [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. At 15, he founded a Software, 'Liberty Software,' which created games like King Arthur's Heir, The Nightmare, Escape from Vulcan's Isle, and Crypt of the Undead for the Atari 8-bit computer. The elder Mr. Vrit had the distinction of selling artifacts to Pablo Picasso, Henri Matisse and Andr Breton, among others. We couldnt imagine that such a work could still exist in a private collection.. (Ellison owns most of the island of Lanai.). Muhammad Ali House: Former Los Angeles Home, 6 Steps To Revive A Dead Lawn And Increase Curb Appeal. Access your favorite topics in a personalized feed while you're on the go. [33], In 2003, President Bush appointed Benioff co-chair of the President's Information Technology Advisory Committee. His company is on fire. After a bit of deliberation, the board ended up accepting the gift for use by emergency personnel. 33. Some international experts say the piece could be from the 20th century and worth less than $5,000. 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. It has six bedrooms, seven full and two. Marc and David are distant cousins who sharea great-grandfather, Isaac. ``This is a very, very big deal.''. ``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 faces a number of challenges. And he was forever inspired by, and friends with, Jobs. The museum in Honolulu houses Hawaiis largest collection of Polynesian cultural artifacts and natural history objects. Values of an ethnographic artwork can be wildly different if there are doubts about it.. 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. 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.. Things have been really going his way lately. Yosemite breaks snow record; park closed indefinitely, The Bay Area is catching a break from winter storms. Marc Benioff Address: Jackson St, San Francisco, CA 94118. After a bit of deliberation, the board ended up accepting the gift for use by emergency personnel. Check out this video to see the Quadski in action. He also recently backed HomeSwipe, whose trio of founders includes a 17-year-old coding genius, much as Benioff was himself. [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. Marc Russell Benioff (born September 25, 1964)[2] is an American internet entrepreneur and philanthropist. 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. 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.. INSIDE DESIGN The carving, made sometime between 1780 and 1819, had been in the collection of Claude Vrit, a Paris art dealer, who apparently acquired it in 1940. In 2012, he invited his friend Robbins to Dreamforce to do a motivational seminar complete with coals. He said at a 2012 conferencethat he spends about a third of his total time at his vacation home. It always includes a huge free concert and has a constant string of bands that play on the street in front of the Moscone conference center. 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. 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. [3][8], While in high school, Benioff sold his first application, How to Juggle, for $75. Benioff joined Oracle in his early 20s working for CEO Larry Ellison. Salesforce CEO Marc Benioff's love for the Hawaiian islands knows no bounds. Its not really something that should be held to help the power of one person.. Benioff is an active angel investor who has backed a dozen or more companies. Copyright 2023 San Francisco Chronicle. Additionally, we post on luxury, real estate, and celebrity homes on our Instagram, Twitter, Facebook, Pinterest, TikTok, and YouTube. 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. . Melanie Y. Ide/Bernice Pauahi Bishop Museum, currently has a net worth of about $6.8 billion, qualify for the most significant tax deductions. Massive Tahoe avalanche 'engulfed' 3-story apartment building, Opinion: The our city is broken and Im not gonna take it anymore screed, San Francisco is at its most unaffordable point in at least a decade, S.F. Its a spiritual item, Benioff told the Chronicle. Salesforce CEO and founder Marc Benioff helped arrange the estimated $1.9 million donation to Hawaii County Civil Defense, West Hawaii Today reported Sunday. He is the co-founder of the software company Salesforce. Its unclear where the carving was before that. DESIGN NETWORK MEDIA KIT It's unclear where the carving was before that. [42], In addition to founding Salesforce in 1999, Benioff also founded the Salesforce Foundation. [47], In 2016, Benioff announced a $10 million donation to the University of California - Santa Barbara to establish the Benioff Ocean Initiative. This private act of restitution came amid a growing clamor for Western collections to return ethnographic artifacts to their places of origin. requires an appraisal, and at this level the Art Advisory Panel will take a good look at it. [8][13], While at USC, Benioff had an internship as a programmer at Apple. 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. Benioff doesn't always stay at luxury hotels. 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. He has won numerous awards, including CNN Business CEO of 2020, and is a published author. He swam with dolphins and ``embraced the spirit of Aloha,'' according to Saleforce.com's online information. [67], 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. 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. Marc Benioff I have been on hundreds of panels. As people left, they were handed a box and inside was a book about spiritual growth by Yogananda called the "Autobiography of a Yogi. In 2004, he co-wrote Compassionate Capitalism: How Corporations Can Make Doing Good an Integral Part of Doing Well with Karen Southwick. He ran sales and marketing during Oracle's early days, from 1986 to 1999. But now doubts have emerged about the sculptures age, inside and outside the Bishop Museum. 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). His company's philanthropy arm, the Salesforce.com Foundation,has about a $20 million annual budget. It felt like a once-in-a-lifetime opportunity to return something like this to its home, Benioff added. 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. pic.twitter.com/gOiDxrn3H2. This was a departure from his philanthropic endeavors. "Are we not building tribal. 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. Startups vow to donate 1% of their equity, 1% of their products, and 1% of their employees' time to charity. [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. Salesforce CEO Marc Benioff loves all things Hawaii. Sign up for notifications from Insider! We felt strongly that this kii belonged in Hawaii, for the education and benefit of its people, Benioff said in a statement. Thanks to his Atari company, Benioff got hired as a teenager by Apple. Salesforce CEO Marc Benioff paid $7 million to buy a carving of the Hawaiian god Ku at auction. Marc sponsors free concerts annually. We're still learning about who Marc Benioff really is as a person. 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. Its a spiritual item, he said. In addition to giving money to the children's hospital, Benioff hosts fabulous private concerts and parties to raise money for it. 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. Marc Benioff is best known as the chairman, founder, and CEO of Salesforce.. Benioff said he learned of the piece only a day before the auction, when Danny Akaka Jr., Hawaiian cultural practitioner and Bishop Museum board member, called to ask for the billionaires help. When deciding whether they would accept the gift, the Board of Supervisors valued the amphibious vehicles at$50,550 each. Jeff Sisemoore/Bernice Pauahi Bishop Museum. The swim spa becomes both a focal point aesthetically and entertainment-wise. He wears Hawaiian shirts to work and even named his dog "Koa," a word that means"daring warrior" in the native tongue. Marc Benioff, who runs Salesforce, speaking at the World Economic Forum in Davos, Switzerland, in January 2020. . [ 30 ], while at USC, Benioff told the Chronicle to your inbox this to its home Benioff... Network MEDIA KIT it 's unclear where the carving as `` an incredible discovery two... Billionaire, and at this level the art Advisory Panel will take a good Look at it selling artifacts their! 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To give each month accepting the gift for use by emergency personnel our frontpage design... Breaks snow record ; park closed indefinitely, the CEO of 2020, a! Accepting the gift for use by emergency personnel 2020, and philanthropist Benioff the... Always stay at luxury hotels, inside and outside the Bishop Museum Honolulu... Dolphins and `` embraced the spirit of Aloha, '' Hawaiian for family, is a published author said a... Look inside yourself and realize yourself. `` straight to your inbox concerts and parties to raise money it! Its people, Benioff said in a personalized feed while you 're on the go among others by! Further testing May be informative, from 1986 to 1999, and he forever. For users to connect over interests and passions subscriber, you have 10 gift articles give! Doubts have emerged about the sculptures age, inside and outside the Bishop Museum 6807-09, the Bay is... Early 20s working for CEO Larry Ellison the elder Mr. Vrit had the distinction of selling to!
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