Marc Benioff | $1B+

Get in Touch with Marc Benioff | Marc Benioff, cofounder, chairman, and CEO of Salesforce, revolutionized enterprise software by pioneering cloud-based CRM and turning Salesforce into one of the world’s most influential technology companies. A former Oracle executive, Benioff launched Salesforce in 1999 with a vision to deliver software as a service, transforming how businesses sell, market, and serve customers. Under his leadership, Salesforce expanded through relentless innovation and strategic acquisitions, becoming a global leader in enterprise cloud computing. Known for championing stakeholder capitalism, philanthropy, and social impact, Benioff combines bold technological vision with a distinctive moral voice in corporate leadership.

Marc Russell Benioff (born September 25, 1964) is an American billionaire entrepreneur and technology executive who co-founded Salesforce in 1999 and has served as its chair and chief executive officer since 2001, pioneering the delivery of enterprise software via the internet as software-as-a-service.[1][2][3] Under Benioff's direction, Salesforce grew from a startup offering customer relationship management tools to the dominant provider of cloud-based enterprise applications, reporting quarterly revenues exceeding $10 billion in fiscal 2026 while targeting $60 billion annually by fiscal 2030 through expansions in artificial intelligence and data management.[4][5] Prior to Salesforce, Benioff worked for 13 years at Oracle Corporation, rising to vice president after joining at age 21 following his graduation from the University of Southern California with a degree in business administration; he launched his first venture, Liberty Software, at age 15 by developing and selling video games.[2][1][3] Benioff established Salesforce's 1-1-1 philanthropic model from inception, pledging 1 percent of the company's equity, product value, and employee working hours to support nonprofits, which has inspired over 10,000 companies to adopt similar commitments and facilitated billions in grants and donations, including hundreds of millions to Hawaii-based hospitals and children's initiatives where he has acquired over 600 acres of land amid local debates over housing costs and development opacity.[6][7][8][9] In 2018, Benioff and his wife Lynne acquired Time magazine for $190 million, positioning him as a media owner during a period of industry consolidation.[10][11] Benioff's net worth stands at approximately $9 billion as of 2025, derived primarily from his roughly 2 percent stake in Salesforce.[2][3] He has drawn attention for evolving public stances, including 2025 advocacy for federal intervention via the National Guard to combat San Francisco's crime and homelessness crises, diverging from earlier support for local progressive policies.[12] Early life and education Childhood and family background Marc Russell Benioff was born on September 25, 1964, in San Francisco, California, into a Jewish family with longstanding ties to the city dating back over a century.[13][14] His father, Russell Benioff (1928–2012), built and operated a chain of apparel stores in the San Francisco area, establishing a stable, upper-middle-class household.[15][16] Benioff's mother, Joan Benioff, supported the family, though details of her professional background remain limited in public records.[17] The family resided in the San Francisco Bay Area, where Benioff grew up amid a environment conducive to entrepreneurial pursuits, influenced by his father's business acumen and the region's emerging tech culture. His paternal grandfather, Marvin Lewis, served as a San Francisco city supervisor, underscoring the Benioffs' historical engagement with local governance and community affairs. Benioff attended Burlingame High School, graduating in 1982, before pursuing higher education.[16][14][16] Early career inspirations and first jobs Benioff's fascination with computers began in his early teens, driven by exposure to early personal computing devices such as the Atari, TRS-80, Amiga, and Commodore 64.[18] To afford his first computer, he took a job after school cleaning display cases at a local jewelry store, earning enough to purchase a model from Radio Shack.[19] At age 15 in 1979, Benioff founded Liberty Software, his first entrepreneurial venture, and developed "How to Juggle," a basic program he sold for $75.[19] [18] He subsequently created and marketed 8-bit video games for the Atari 800 system, including Crypt of the Undead and King Arthur’s Heir, marking his initial foray into software development and sales.[19] These experiences fueled Benioff's aspirations in technology, leading to a summer programming internship at Apple Computer's Macintosh division in 1984, where he contributed assembly language code under the guidance of Steve Jobs, whom he later credited as a key influence.[18] [20] The internship, secured through his prior Atari work, provided hands-on exposure to innovative software engineering during the Macintosh's launch.[18] Professional career Employment at Apple and Oracle Benioff secured a summer internship at Apple Computer in 1984 while a student at the University of Southern California, cold-calling software evangelist Guy Kawasaki to obtain the position.[21] In the Macintosh division, he worked as a programmer, authoring the first native assembly language code for the platform and developing approximately 70 sample programs, including games, which honed his early software skills under the influence of Steve Jobs.[22][23] This brief stint exposed him to innovative product evangelism and user-focused design principles that later informed his career.[24] Following his graduation from USC in 1986 with a B.S. in business administration, Benioff joined Oracle Corporation in a customer support role.[16] Over the next 13 years, until 1999, he advanced through positions in sales, marketing, and product development, benefiting from mentorship by founder Larry Ellison, with whom he traveled personally and collaborated closely.[2] At age 23, shortly after joining, he earned Oracle's "Rookie of the Year" accolade for sales performance.[16] By age 26 in 1990, Benioff had risen to vice president, becoming the youngest in Oracle's history at that time.[1][25] These roles provided him with foundational experience in enterprise software scaling and competitive database markets, though he grew restless with Oracle's on-premises model by the late 1990s.[16] Founding of Salesforce in 1999 In 1999, after 13 years at Oracle where he rose to executive vice president, Marc Benioff left the company to pursue a vision of delivering customer relationship management (CRM) software entirely over the internet, eliminating the need for costly on-premise installations and maintenance.[2] He co-founded Salesforce.com, Inc. on March 8, 1999, in San Francisco, recruiting Parker Harris to lead software development, along with Frank Dominguez and Dave Moellenhoff as key early team members.[26] The initial operations began in a modest one-bedroom apartment in the Telegraph Hill neighborhood, reflecting the bootstrapped nature of the startup.[27] The founding team's focus was on pioneering software as a service (SaaS), offering CRM via a multi-tenant cloud architecture accessible through web browsers on a subscription basis, a departure from the dominant license-based model of the era.[28] Benioff envisioned this approach as revolutionary for scalability and accessibility, drawing from his Oracle experience with enterprise software but adapting it for the emerging internet economy; he also incorporated the 1-1-1 philanthropy model—pledging 1% of equity, product, and employee time to charitable causes—from inception.[6] Initial funding was self-provided by the founders, totaling over $500,000 in April 1999, as venture capitalists dismissed the cloud delivery concept as unviable.[29] By late 1999, Benioff publicly demonstrated a prototype of the platform, which automated sales force processes via the web, signaling early validation of the model despite skepticism from traditional software incumbents.[30] This founding laid the groundwork for Salesforce's emphasis on multi-tenant architecture, enabling rapid updates and lower barriers to entry for businesses of varying sizes.[31] Expansion and key innovations at Salesforce Under Marc Benioff's leadership, Salesforce expanded rapidly following its 2000 product launch, achieving $5.4 million in revenue for the fiscal year ending January 31, 2001, and growing to $22.4 million the following year through adoption of its cloud-based CRM model.[28] The company established international offices in Dublin and Tokyo in April 2001, marking early global expansion, and introduced the annual Dreamforce conference in 2003, which drew over 1,000 attendees and showcased sForce 2.0 for API integrations.[28] [32] By 2004, Salesforce went public via an IPO on June 23, raising $110 million and enabling further scaling, with revenue reaching $176 million for the fiscal year ending January 31, 2005.[28] A pivotal innovation was the 2005 launch of AppExchange in September, the first enterprise cloud marketplace, which allowed third-party developers to build and distribute add-on applications, fostering an ecosystem that by 2006 included mobile extensions and generated widespread adoption.[28] [32] This complemented Salesforce's core multi-tenant SaaS architecture, which delivered scalable, subscription-based CRM without on-premise installations, driving revenue to $497 million by the fiscal year ending January 31, 2007.[28] In 2007, Benioff spearheaded the introduction of Force.com, a pioneering Platform as a Service (PaaS) enabling custom app development on the Salesforce infrastructure, which major clients like Citigroup adopted by 2008.[33] [32] Further innovations included the 2009 debut of Service Cloud for customer service automation, coinciding with Salesforce surpassing $1 billion in annual revenue, and the 2011 launch of Chatter, an enterprise social networking tool integrated into the platform to enhance collaboration.[28] [34] These developments supported revenue growth to $2.27 billion by the fiscal year ending January 31, 2012, and positioned Salesforce as a comprehensive cloud platform beyond core CRM.[28] By 2014, the company introduced Trailhead, a free online learning platform to train users and partners, while revenue hit $5 billion, reflecting sustained expansion through product diversification and ecosystem building under Benioff's vision.[32][28] Acquisitions, AI initiatives, and recent leadership (post-2020) In December 2020, Salesforce announced its largest acquisition to date, purchasing Slack Technologies for $27.7 billion in an all-stock deal that closed in July 2021, aiming to integrate collaborative messaging into its customer relationship management ecosystem under Benioff's direction.[35][36] This move, spearheaded by then-executive Bret Taylor, sought to counter competition from Microsoft Teams but faced regulatory scrutiny and integration challenges, with Benioff later citing it as part of a strategy to enhance real-time customer engagement.[37] In May 2025, Salesforce agreed to acquire Informatica for approximately $8 billion, focusing on data management tools to bolster its AI capabilities, particularly for agentic AI systems that require high-quality data pipelines.[38][39] Benioff positioned the deal as essential for enabling autonomous AI agents to process enterprise data securely, though analysts noted potential overlaps with existing Salesforce tools and the high cost amid slowing revenue growth.[38] Salesforce expanded its AI offerings post-2020 through the evolution of Einstein AI into Agentforce, a platform for building autonomous AI agents launched in 2024 to handle tasks like customer service and sales automation without constant human oversight.[40][41] Agentforce integrates generative AI models, allowing customization for specific workflows, with Benioff claiming it could manage 30-50% of company workloads by automating routine processes.[42] However, at Dreamforce 2025, Benioff acknowledged low initial adoption rates, attributing delays to enterprise caution over AI reliability and data privacy, while emphasizing ongoing iterations for scalability.[43] Under Benioff's leadership since 2021, Salesforce underwent significant operational shifts, including workforce reductions enabled by AI; in 2025, he disclosed cutting about 4,000 customer support roles as Agentforce agents assumed those duties, framing it as a "rebalancing" to boost efficiency rather than net job loss.[44][45] Concurrently, Benioff announced no further hiring of software engineers in 2025 due to AI-driven productivity gains but planned to expand sales staff to 20,000 account executives, prioritizing revenue generation over engineering headcount.[46][47] These changes coincided with a 6% price hike across core products in August 2025—the second in under two years—and a strategic pivot to an "Agentic Enterprise" model, though Salesforce's stock underperformed broader AI market gains in 2025, reflecting investor skepticism on execution.[48][49][50] Business achievements and criticisms Pioneering cloud computing and market dominance Marc Benioff co-founded Salesforce in March 1999 from a San Francisco apartment, launching the company with the provocative slogan "The End of Software" to deliver customer relationship management (CRM) applications via the internet rather than through traditional on-premise installations.[51][52] This approach positioned Salesforce as an early pioneer in software-as-a-service (SaaS), shifting the industry from perpetual licenses and hardware dependencies to subscription-based, cloud-delivered models accessible through web browsers.[53] Central to Salesforce's innovation was its adoption of a multi-tenant architecture, which enabled multiple customers to share the same software instance and infrastructure while ensuring data security and customization through metadata-driven configurations, drastically reducing costs and accelerating updates compared to single-tenant systems.[54][55] Benioff, drawing from his experience at Oracle, advocated for this shared-resource model as essential for true SaaS scalability, influencing the broader cloud computing paradigm by demonstrating efficient resource utilization and continuous innovation delivery.[56] Under Benioff's leadership, Salesforce achieved market dominance in CRM, capturing 20.7% of the global market share in 2024 according to IDC data, with the highest revenue among vendors at $34.9 billion for fiscal year 2024 ending January 31, 2024, reflecting an 11% year-over-year increase.[57][58] This leadership persisted for the 12th consecutive year, underscoring Salesforce's entrenched position through platform expansions like the AppExchange ecosystem and integrations that solidified its role as the enterprise standard for CRM.[59][60] Workforce reductions, AI-driven changes, and operational failures In January 2023, Salesforce implemented significant workforce reductions, cutting approximately 10% of its global staff—around 8,000 employees—after CEO Marc Benioff acknowledged over-hiring during the COVID-19 pandemic had led to excess capacity.[61] These layoffs targeted various departments to streamline operations amid slowing growth, with Benioff later describing the period as a "dumpster fire" but crediting subsequent restructuring for recovery.[61] By September 2025, Salesforce reduced its customer service workforce by 45%, from 9,000 to 5,000 employees, primarily attributing the cuts—totaling about 4,000 roles—to the deployment of AI agents that automated routine support tasks.[62] Benioff explicitly stated that AI had assumed up to 50% of the company's workload in these areas, reducing the need for human "heads" and enabling AI to handle customer interactions more efficiently.[63] While Benioff framed this as a productivity gain, some analysts suggested the timing aligned with pressures from activist investors seeking cost efficiencies beyond AI alone.[64] Salesforce's AI-driven transformations centered on initiatives like Einstein Copilot, launched in February 2024 as a generative AI assistant integrated into its CRM platform to automate tasks such as content generation, recommendations, and workflows using customer data.[65] Expanded with Agentforce in 2024, these tools enabled autonomous AI agents for service operations, predictive analytics, and approvals, boosting employee productivity by handling repetitive processes like data updates and sales forecasting.[66] However, adoption challenges emerged, including Benioff's own failure to meet an internal AI training goal in early 2024, where less than 10% of employees completed required modules, highlighting gaps in workforce upskilling for the AI shift.[67] Operational setbacks included a September 2025 earnings report that delivered weaker-than-expected guidance, causing Salesforce's stock to drop nearly 5% in after-hours trading as investors anticipated slower revenue growth despite AI investments.[68] This followed earlier missteps like the 2023 over-expansion, which Benioff admitted inflated headcount without proportional demand, and isolated incidents such as a database failure on the NA14 instance that disrupted services, underscoring vulnerabilities in cloud reliability.[69] Critics, including activist shareholders, pointed to a botched 2022-2023 succession plan as evidence of leadership lapses, though Benioff retained his role amid these pressures.[70] Contract controversies including government deals Salesforce encountered substantial backlash in 2018 over its software contract with U.S. Customs and Border Protection (CBP), valued at approximately $13.3 million annually for case management tools, amid the Trump administration's zero-tolerance policy that resulted in family separations at the border.[71] More than 650 employees signed an open letter to CEO Marc Benioff urging termination of the deal, contending that providing technology to CBP enabled policies they deemed unethical, including the detention and separation of migrant families.[71] Protests occurred outside Salesforce's Dreamforce conference, with activists demanding the company sever ties with the agency.[72] Benioff rebuffed calls to cancel the contract, asserting that Salesforce's platform supported general administrative functions like tracking cases rather than directly facilitating separations or detentions, and drawing an analogy to hospitals treating patients regardless of circumstances.[73] He emphasized the company's ethical boundaries but maintained that declining government clients would limit service to only select entities, potentially excluding law enforcement or defense agencies.[74] The controversy extended to philanthropy when immigrant aid group RAICES rejected a $250,000 Salesforce donation, citing the CBP partnership as incompatible with their mission to oppose family separations.[75] Similar criticisms resurfaced in October 2025 during Dreamforce protests, where demonstrators again called for ending the CBP contract, highlighting persistent concerns over Salesforce's role in border enforcement technologies.[72] That same month, reports emerged of Benioff pitching Salesforce's AI-driven tools to U.S. Immigration and Customs Enforcement (ICE) for a "talent acquisition" initiative to recruit 10,000 additional officers, aligning with expanded deportation efforts under President Trump.[76] This proposal, which Salesforce's filings acknowledge could invite reputational risks from government ties, drew internal shock and external condemnation, particularly as it contrasted with prior employee activism against immigration-related contracts.[76][77] Salesforce has held federal contracts, including with ICE, since the Obama administration, encompassing hundreds of deals across agencies for cloud-based customer relationship management systems.[78] Benioff has historically justified such engagements by separating commercial services from policy endorsement, though critics argue they indirectly bolster enforcement apparatuses amid human rights debates.[79] Outside the U.S., a 2024 Australian parliamentary inquiry scrutinized Salesforce's federal dealings via reseller Synergy 360, noting a National Disability Insurance Agency contract awarded during the reseller's retainer period, though no wrongdoing was conclusively established.[80] Philanthropy Development of the 1-1-1 model Marc Benioff established the 1-1-1 model as a foundational element of Salesforce upon the company's inception in 1999, committing 1% of the firm's equity, 1% of its product offerings, and 1% of employee working hours to support nonprofit organizations and community initiatives.[1] This integrated approach to corporate philanthropy was envisioned by Benioff to embed social responsibility directly into the business structure from day one, drawing from his prior experiences in technology and a belief that profitable enterprises could systematically allocate resources for societal benefit without compromising core operations.[6] Salesforce was incorporated on March 8, 1999, with Benioff as co-founder alongside Parker Harris, Frank Dominguez, and Dave Moellenhoff, and the model was operationalized as the company began developing its initial software.[28] In 2000, Benioff formalized the initiative through the launch of the Salesforce.com Foundation, a dedicated entity to administer the pledges, manage grants, and facilitate employee volunteerism, transforming the model from an internal commitment into a structured program with global reach.[81] The foundation's early efforts focused on distributing donated software licenses to nonprofits and tracking equity donations, which by then included Salesforce's initial venture funding allocations, while employee time contributions enabled pro bono consulting and hands-on volunteering.[82] This setup allowed for measurable implementation, with the model yielding initial grants and product donations valued in the millions as Salesforce scaled its revenue from under $1 million in 2000 to over $100 million by 2004.[83] The model's development extended beyond Salesforce's internal practices in the mid-2010s, when Benioff co-initiated the Pledge 1% movement in 2014 to replicate the framework across other companies, partnering with entities like Atlassian to promote standardized 1% commitments in equity, product, and time.[84] By 2015, this effort had secured commitments from hundreds of firms, evolving the original model into an industry benchmark while Salesforce's own adherence grew to encompass over $400 million in grants and 3 million volunteer hours by 2020.[85] Despite its expansion, the core structure remained tied to Benioff's original 1999 blueprint, emphasizing ongoing resource allocation rather than episodic giving.[86] Major donations and commitments In October 2025, Marc and Lynne Benioff donated $100 million to UCSF Benioff Children's Hospitals to fund construction of a new state-of-the-art pediatric facility at the Parnassus campus and renovations to the Oakland campus, enhancing trauma care and specialized services for children.[87] This contribution, alongside prior gifts from the Benioffs and Salesforce, marked their collective philanthropy exceeding $1 billion to Bay Area healthcare and education institutions.[88] In March 2024, the Benioffs provided $150 million to expand healthcare infrastructure in Hawaii, split between Hawaii Pacific Health for island-wide access improvements—including telehealth and maternal care—and Hilo Benioff Medical Center for facility upgrades and community programs on the Big Island.[89] This was described as one of the largest private donations in Hawaii's history, aimed at addressing disparities in rural and underserved areas.[90] Earlier healthcare-focused gifts include a $100 million donation in June 2010 to UCSF Medical Center toward its $600 million philanthropic goal for a new 289-bed children's hospital, bringing total pledges at the time to $320 million.[91] In December 2023, Benioff donated 282 acres of land in Maui, along with $7 million in funding, to the Hawaii Community Foundation to develop affordable housing units amid the state's housing shortage exacerbated by wildfires.[92] Benioff signed the Giving Pledge in 2010, committing to donate the majority of his wealth to philanthropic causes during his lifetime or via his will, joining other billionaires in this non-binding agreement focused on societal benefits.[93] Critiques of impact, motives, and alternative views on billionaire giving Critics have questioned the motives behind Benioff's philanthropy, arguing that it often serves to enhance his personal brand as a "good billionaire" and deflect scrutiny from business practices. For instance, after Salesforce faced backlash over workforce policies and urban impacts in San Francisco, Benioff's donations—totaling over $1 billion to local causes—have been portrayed as efforts to "clean up" his image and silence critics rather than purely altruistic acts. [94] Similarly, Laurene Powell Jobs, in a October 17, 2025, Wall Street Journal essay, accused Benioff of "moral laundering" by leveraging his charitable contributions to claim authority over public policy, such as invoking San Francisco donations to justify calls for federal intervention in local crime issues, thereby seeking undue influence in exchange for giving.[95] The impact of Benioff's giving, including through the 1-1-1 model, has faced scrutiny for lacking rigorous evidence of long-term systemic change, with some viewing it as fostering dependency on private funds rather than addressing root causes like policy failures. While the model has mobilized employee volunteering—reaching over 10 million hours globally—and inspired similar commitments via Pledge 1%, critics contend that corporate philanthropy of this scale often prioritizes visible, short-term projects over measurable outcomes, potentially substituting for broader tax-funded solutions.[96] [97] Benioff's Bay Area initiatives, such as hospital funding, have drawn local uproar when paired with his public criticisms of the city, raising doubts about sustained effectiveness amid ongoing urban challenges like homelessness.[79] Alternative perspectives on billionaire giving, applicable to Benioff's approach, emphasize that such philanthropy enables tax avoidance—reducing taxable income through deductions while retaining influence over fund allocation—and undermines democratic processes by allowing unelected donors to shape priorities without accountability. Reports highlight how structures like donor-advised funds, which Benioff has utilized, defer taxes indefinitely and prioritize donor preferences over public needs, contrasting with calls for higher taxes on the wealthy to fund government programs directly.[98] [99] Effective altruism advocates, while not directly targeting Benioff, critique non-evidence-based giving for inefficiency, favoring randomized controlled trials and high-leverage interventions over donor-favored causes like local infrastructure, which may yield lower marginal returns given the donors' scale.[100] These views posit that billionaire philanthropy, even when substantial, often perpetuates inequality by filling gaps created by low corporate taxes rather than advocating for structural reforms.[101] Political and social positions Initial progressive engagements (2000s-2010s) Benioff integrated progressive corporate social responsibility into Salesforce from its founding. In 2000, shortly after launching the company, he established the Salesforce Foundation and pioneered the 1-1-1 philanthropic model, committing 1% of the company's equity, 1% of its product value, and 1% of employee working hours to support nonprofit organizations and community initiatives.[1] This approach marked an early effort to align business operations with social good, influencing subsequent corporate giving practices.[102] Salesforce under Benioff adopted inclusive workplace policies ahead of many peers, extending health benefits to same-sex domestic partners in the early 2000s, which supported LGBTQ equality at a time when such provisions were rare in corporate America.[103] The company formed Outforce, its employee resource group for LGBTQ+ employees, fostering internal advocacy and authentic self-expression.[104] Following the 2008 passage of California's Proposition 8, which banned same-sex marriage, Salesforce signed an amicus brief opposing the measure in federal court challenges, signaling corporate resistance to restrictive policies.[105] Benioff's early political contributions reflected a bipartisan stance, including donations to Republican candidates such as $2,000 to Norm Coleman in 2002 and $2,000 to Kit Bond in 2003, alongside emerging support for equality-focused causes.[106] These engagements laid the groundwork for more vocal public advocacy in the mid-2010s, when Benioff began criticizing state-level laws perceived as discriminatory against LGBTQ individuals.[107] Advocacy on specific issues like equality and taxes Benioff has advocated for greater workplace equality, particularly emphasizing pay equity between men and women at Salesforce. In 2015, following an internal audit revealing gender-based disparities, he committed $3 million to adjust salaries across the company, achieving pay parity by October 2019 as verified by subsequent audits.[108] This initiative extended to broader equality efforts, including internal goals for gender, racial, and LGBTQ representation, though Salesforce discontinued explicit diversity hiring targets in March 2025 amid executive orders from President Trump targeting DEI programs.[109] On LGBTQ issues, Benioff led corporate opposition to state laws perceived as discriminatory. In March 2015, he publicly criticized Indiana's Religious Freedom Restoration Act for enabling discrimination against LGBTQ individuals, threatening to relocate Salesforce events and employees, which contributed to the law's revision after estimated economic losses exceeding $60 million for the state.[110] Similarly, in 2016, he condemned North Carolina's HB2 bathroom bill restricting transgender access to facilities matching biological sex, canceling events and donating to advocacy groups, prompting partial repeal amid business backlash.[111] Benioff framed these actions as pro-business, arguing in 2016 that such laws deter talent and harm economic growth, while pledging continued external advocacy alongside internal Salesforce policies like benefits for same-sex partners.[112] Regarding taxes, Benioff has supported measures increasing fiscal burdens on high earners and large corporations to fund social services. In October 2018, he endorsed and donated at least $2 million to San Francisco's Proposition C, a gross receipts tax on businesses with over $50 million in annual revenue projected to raise $250–$350 million yearly for homelessness programs, despite opposition from figures like Twitter's Jack Dorsey and potential $10 million annual costs to Salesforce.[113][114] The measure passed with 57% approval on November 6, 2018. In June 2019, Benioff argued publicly that higher taxes on the wealthy would improve education and reduce inequality, stating that "rich people should pay their fair share" to enable upward mobility without relying solely on philanthropy.[115] He reiterated in 2019 that tech leaders must accept greater taxation, critiquing industry resistance amid California's high costs.[116] These positions align with his broader view that capitalism requires redistribution to address societal failures, though critics noted potential disincentives for business relocation in high-tax environments like San Francisco.[117] Evolution to pragmatic conservatism and Trump alignment (2020s) In the early 2020s, Benioff expressed frustration with progressive governance in San Francisco, citing rampant crime, homelessness, and public disorder as failures of local Democratic leadership, which prompted a reevaluation of his longstanding support for liberal policies.[118] By December 2024, he publicly defended alignment with President-elect Donald Trump, stating in an interview that "we are turning the page" on prior political divides and emphasizing the need for pragmatic solutions to urban decay over ideological purity.[119] This shift was framed by observers as a strategic adaptation among Silicon Valley executives to engage with the incoming administration on business-friendly terms, including potential federal contracts and regulatory relief, rather than a wholesale ideological conversion to traditional conservatism.[120] Benioff's explicit Trump endorsement peaked in October 2025 amid escalating concerns over San Francisco's security during Salesforce's Dreamforce conference, where he advocated for deploying National Guard troops to address theft and violence, declaring, "I fully support the president" and praising Trump's performance.[12] [121] He reportedly communicated directly with Trump and Nvidia CEO Jensen Huang to avert a broader federal "surge" in the city, influencing the president's decision to scale back while maintaining oversight.[122] [123] This pragmatic outreach aligned with business incentives, such as Salesforce's pursuit of Immigration and Customs Enforcement (ICE) contracts under the Trump administration, which drew accusations of opportunism from critics who highlighted Benioff's prior opposition to federal immigration enforcement during Trump's first term.[124] [78] The stance elicited significant backlash from San Francisco's progressive establishment, including the resignation of longtime Salesforce board member and Democratic donor Ron Conway, who condemned Benioff's position as unnecessary federal overreach and a betrayal of local autonomy.[125] Benioff partially retracted his troop deployment comments days later, apologizing for the phrasing while reiterating underlying concerns about city safety, a move interpreted as damage control amid employee and stakeholder pressure rather than a reversal of his broader Trump sympathy.[126] [127] This episode underscored Benioff's evolution toward issue-specific conservatism—prioritizing law enforcement and economic stability over past commitments to social justice activism—driven by empirical observations of policy outcomes in his adopted hometown, even as he retained elements of his philanthropic worldview.[128][129] Major public controversies and responses In October 2025, Benioff sparked significant backlash by publicly urging President Donald Trump to deploy National Guard troops to San Francisco to combat crime, homelessness, and public drug use, stating in an interview that he was "all for" such intervention and highlighting his need to hire 200 off-duty officers for security at Salesforce's Dreamforce event due to unsafe street conditions.[12][79] The remarks, made amid Trump's threats of federal intervention in Democratic-led cities, drew rebukes from California Governor Gavin Newsom and San Francisco Mayor Daniel Lurie, who accused Benioff of undermining local progress on crime reduction and aligning with authoritarian tactics, with critics framing his comments as a betrayal of his prior progressive stances.[130][128] On October 17, 2025, Benioff apologized via social media, clarifying that he no longer supported National Guard deployment and emphasizing his focus on collaborative local solutions, though some observers viewed the retraction as damage control amid business pressures in the progressive Bay Area.[131][132] Concurrently, reports emerged that Benioff had pitched Salesforce's AI tools to U.S. Immigration and Customs Enforcement (ICE) to accelerate hiring of 10,000 new officers, positioning the technology to streamline recruitment processes for border enforcement amid Trump's mass deportation plans.[76][77] This proposal reignited scrutiny of Salesforce's existing government contracts with agencies like Customs and Border Protection, echoing 2018 employee protests over deals tied to family separations at the border, where Benioff defended the partnerships as essential for lawful operations while committing to ethical reviews but refusing termination.[133][78] Reactions included resignations from Salesforce-linked philanthropies and accusations of prioritizing profits over human rights, with detractors highlighting Benioff's pivot from past advocacy against discriminatory policies to enabling stricter immigration enforcement.[79] Benioff has not publicly apologized for the ICE outreach, framing it as a neutral business opportunity to support government efficiency rather than ideological endorsement.[134] Other ventures and writings Ownership and influence at Time magazine In September 2018, Marc Benioff and his wife Lynne acquired Time magazine from Meredith Corporation for $190 million in cash, marking a personal investment separate from Salesforce.[135][136] The purchase positioned the Benioffs as the full owners of the publication, which had been divested by Meredith following its acquisition of Time Inc. earlier that year.[137] Benioff described the acquisition as an effort to combat a perceived "crisis of trust" in media by enabling Time to deliver "truthful, trustworthy information" without short-term financial pressures, emphasizing journalism's role in societal progress.[10][138] Benioff publicly committed to non-interference in Time's editorial operations, stating that he and his wife would avoid involvement in day-to-day management or journalistic decisions, leaving those to the existing leadership under editor-in-chief Edward Felsenthal.[139][140] Despite this pledge, observers noted Benioff's infusion of a technology-oriented ethos into the magazine, including initiatives to modernize operations and expand digital reach, which aligned with his Salesforce background in cloud computing and data-driven innovation.[141] Time's readership has remained stable at approximately 100 million monthly uniques since the acquisition, though revenue challenges persist amid broader print media declines.[142] Instances of potential influence have surfaced, such as a December 2024 Time essay by Benioff promoting Salesforce's AI tools under utopian framing, raising questions about boundaries between ownership and content despite editorial firewalls.[143] By late 2024, reports emerged of exploratory talks to sell Time to the Dubai-based Antenna Group for around $150 million, reflecting ongoing strategic reevaluation, though no deal had been finalized as of early 2025.[142][144] These developments underscore Benioff's approach to ownership as a platform for broader impact investing, akin to his philanthropy, rather than passive holding.[145] Co-authored books and thought leadership Benioff co-authored Compassionate Capitalism: How Corporations Can Make Doing Good an Integral Part of Doing Well with Carlye Adler in 2004, outlining best practices for integrating corporate philanthropy into business operations, drawing from Salesforce's early implementation of equity donations and employee volunteerism.[146] The book emphasized that profit-driven companies could achieve sustained success by aligning social responsibility with core strategies, predating broader stakeholder capitalism discussions.[146] In 2009, Benioff and Adler released Behind the Cloud: The Untold Story of How Salesforce.com Went from Idea to Billion-Dollar Company—and Revolutionized an Industry, chronicling Salesforce's founding in 1999, its pivot to software-as-a-service, and challenges like legal battles with Oracle over intellectual property. The narrative highlighted Benioff's role in disrupting traditional enterprise software models through cloud delivery, subscription pricing, and multi-tenant architecture, which by 2009 had propelled Salesforce to over $1 billion in annual revenue. Benioff co-authored Trailblazer: The Power of Business to Make Life Better with Monica Langley in 2019, advocating for "compassionate capitalism" where companies prioritize trust, equality, and innovation to address societal issues like inequality and privacy.[147] The book detailed Salesforce's evolution, including its 1-1-1 philanthropy model—pledging 1% of equity, product, and employee time to nonprofits—and argued that business leaders must integrate purpose to foster customer loyalty and long-term growth, citing Salesforce's market cap exceeding $100 billion by publication.[147] Through these works, Benioff positioned himself as a thought leader in reconciling profit motives with ethical imperatives, influencing corporate governance debates by promoting metrics for social impact alongside financial returns, though critics have questioned the scalability of such models amid varying regulatory environments.[148] His writings consistently attribute Salesforce's resilience—evident in its navigation of the 2008 financial crisis and expansion to over 150,000 customers by 2019—to principles of adaptability and stakeholder alignment rather than solely technological innovation.[147] Awards and recognition Benioff has been recognized for his business leadership, philanthropic initiatives, and advocacy on social issues through various awards from academic, nonprofit, and industry organizations. In November 2024, he received the Eisenhower Global Leadership Award from Eisenhower Fellowships, honoring his efforts to drive positive global change through Salesforce's operations and personal commitments.[149] In June 2024, Yale School of Management presented him with the Legend in Leadership Award at its CEO Summit, citing his innovative approach to technology and stakeholder capitalism.[150] Also in 2024, the Colin Powell School at the City College of New York awarded him the Colin L. Powell Distinguished Leadership Award for exemplifying ethical leadership in business and public service.[151] In 2022, Chief Executive magazine named Benioff its CEO of the Year, selected by peer CEOs for steering Salesforce through growth amid economic challenges.[152] In 2019, Harvard Business Review ranked him second on its list of best-performing CEOs worldwide, based on metrics including total shareholder return, market capitalization growth, and employee satisfaction surveys over a prior three-year period.[153] That year, he was also elected to the National Academy of Engineering for contributions to cloud computing and software-as-a-service models.[154] Earlier recognitions include the 2010 David Packard Medal of Achievement from TechAmerica, acknowledging his role in advancing the technology sector's economic impact.[81] Benioff has further been honored for equality advocacy, including awards from GLAAD, the Billie Jean King Leadership Initiative, and Variety magazine.[155] The Business for Peace Foundation granted him its award for promoting ethical business practices and equality within Salesforce.[156] Personal life Family and relationships Benioff has been married to Lynne Benioff since the early 1990s, with the couple collaborating extensively on philanthropic initiatives focused on children's healthcare and education.[157] [158] Lynne, a former teacher, serves as co-chair of TIME magazine and has been recognized alongside her husband for major donations, including over $250 million to UCSF Benioff Children's Hospitals in San Francisco and Oakland.[159] [160] The Benioffs were honored with the 2020 George H.W. Bush Points of Light Award for their joint volunteerism and giving.[161] [162] The couple has two children, whose details remain largely private to maintain family privacy amid public scrutiny.[161] [17] Benioff has emphasized the importance of family in balancing his professional life, noting in interviews that shared activities like yoga and travel strengthen their bond.[157] No public records indicate prior marriages or other significant romantic relationships for Benioff.[161] Residences, lifestyle, and health Benioff owns multiple high-value properties in San Francisco's affluent neighborhoods, including a mansion at 3277 Pacific Avenue in the Sea Cliff area, assessed at over $28 million in 2014, and another residence on Jackson Street estimated at $10.82 million.[163][164] These holdings reflect his long-standing ties to the city, though he has maintained a presence in the Presidio and Billionaire Row districts.[165][166] In Hawaii, Benioff resides primarily in a 9,800-square-foot beachside mansion in Waimea, constructed around 2004 at a cost of $24.5 million, located down the mountain from land he has acquired.[8] He has purchased approximately 600 acres of land in the area since 2000, including recent acquisitions totaling millions, with plans to develop up to 40 homes on part of the uninhabited Ouli property.[167][8] By October 2025, Benioff had shifted his principal residence, work, and voting to Hawaii while retaining San Francisco properties.[14] Benioff's lifestyle emphasizes philanthropy alongside business leadership, co-founding Salesforce's 1-1-1 model of donating equity, product, and employee time to causes, which has influenced corporate giving.[168] With his wife Lynne, he signed the Giving Pledge in 2012, committing the majority of their wealth to charity, focused on children's healthcare, including $250 million to establish UCSF Benioff Children's Hospitals and over $100 million more by 2025, pushing their total giving past $1 billion.[160][169] In Hawaii, their donations support healthcare facilities and affordable housing initiatives.[158] Ranked 14th on the Chronicle of Philanthropy's 2025 Philanthropy 50 list, their efforts prioritize Bay Area pediatric care and community development.[9][9] Benioff has experienced minor physical injuries but no reported chronic health conditions. In October 2019, he slipped on a sidewalk, sustaining a leg split and knee issues that required medical attention.[170] More recently, in late 2024, he ruptured his Achilles tendon during a visit to Fakarava atoll in the Pacific Ocean, describing the injury as painful but not impeding his professional activities.[171]

---

Join UHNWI direct Affiliate Program

Earn Passive Income by Sharing Verified Contact Information of Billionaires, Centi-Millionaires, and Multi-Millionaires on the UHNWI Direct Platform

Maximize your earnings potential by sharing direct and validated contact information of the ultra-wealthy, including billionaires, centi-millionaires, and multi-millionaires. Join the UHNWI Direct platform and tap into a lucrative passive income stream by providing valuable data to those seeking high-net-worth connections. Start earning today with UHNWI Direct.

You may also be interested in reviewing other UHNWIs profiles.

To find the person you want to contact, start typing their name or other relevant tags in the search bar.

Please note: Our database contains over 10,000 direct contacts of UHNWIs, and it is highly likely that the individual you are seeking is already included. However, creating individual profiles for each contact is a meticulous and time-intensive process, So, if you are unable to find the profile of the individual you are looking for, please click here.

Filter by Net Worth: All | Billionaires | Centi-Millionaires | Multi-Millionaires

Filter by Location: All | USA | Canada | Europe | UK | Russia & CIS | Asia | MEIA | Australia | Latin America

Filter by Age: 1930-1940 | 1940-1950 | 1950-1960 | 1960-1970 | 1970-1980 | 1980-1990 | 1990-2000

Filter by: Men | Women

Related People

Marketing Tools

Essential marketing tools to effectively engage wealthy individuals, tailored to meet any personal, marketing, or sales objectives.

Use tags below for more precise targeting.