Marc Benioff Net Worth

Net Worth Salary Birthdate Birthplace Gender Height Profession Nationality
$6.7 billion N/A September 25, 1964 San Francisco, California Male N/A Businessman, Author, Philanthropist American

What is Marc Benioff’s Net Worth?

Marc Benioff, the chairman, founder, and CEO of Salesforce, has a net worth of $6.7 billion dollars. He has amassed this fortune through his successful career in the technology industry.

Highlights

– Marc Benioff’s net worth is $6.7 billion dollars.

– He is the chairman, founder, and CEO of Salesforce.

– Salesforce generates over $25 billion in annual revenue.

– Benioff has made significant contributions to philanthropic causes.

Early Life

Marc Russell Benioff was born on September 25, 1964, in San Francisco, California. He grew up in a Jewish family with deep roots in the San Francisco Bay Area. Benioff attended the University of Southern California, where he earned a Bachelor of Science in business administration. During his high school years, he developed a passion for programming and started selling applications and video games.

Career

After graduating from USC, Benioff worked as an intern at Apple Computer before joining Oracle Corporation, where he spent 13 years and rose through the ranks. In 1999, he founded Salesforce and became one of the pioneers of cloud computing. Salesforce, a leading cloud computing company, generates over $25 billion in annual revenue. Benioff’s vision and contributions to the technology industry have made him one of the most influential figures in the sector.

Personal Life

Marc Benioff is married to Lynn Benioff. Together, they have ventured into the world of media and purchased Time for $190 million in 2018. Marc is also known for his impressive real estate portfolio, which includes properties in Hawaii and San Francisco.

Net Worth Over Time

Marc Benioff’s net worth has grown significantly over the years. As the founder, chairman, and CEO of Salesforce, he has played a crucial role in the company’s success, contributing to his increasing wealth. He owns approximately 4% of Salesforce, which has a market capitalization of over $160 billion.

Components of Net Worth

Benioff’s net worth primarily comes from his ownership stake in Salesforce. He has sold approximately $1.5 billion worth of stock from the company. Additionally, his investments in real estate have contributed to his overall net worth. Marc Benioff’s philanthropic activities also play a role in his wealth, as he has donated significant amounts to various organizations and causes.

In conclusion, Marc Benioff is a highly successful businessman, author, and philanthropist with a net worth of $6.7 billion dollars. As the chairman, founder, and CEO of Salesforce, he has revolutionized the cloud computing industry and amassed considerable wealth through his entrepreneurial endeavors. Benioff’s contributions to philanthropy further exemplify his impact and influence in both the business and social sectors.

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