Touted to be one of the successful internet entrepreneurs, Marc Benioff became the pioneer of cloud computing by founding Salesforce (headquartered in San Francisco, California) in 1999. He leads the company from the positions of chairman and CEO. He is best recognized for his role in making Salesforce a world leader in Customer Relationship Management (CRM) software. Under his guidance, the cloud computing giant thrives on four main values – innovation, trust, equality, and customer success. The tech titan has won many awards and accolades in this professional journey including “Innovator of the Decade” by Forbes and “10 Best-Performing CEOs” by Harvard Business Review.
Before launching his venture, Benioff worked for 13 years in Oracle Corporation, where he became a vice president at an early age compared to others in the company.
Salesforce CEO Marc Benioff is also an angel investor. He has invested in Elon Musk’s SpaceX and other entrepreneurial ventures like Swarm Technologies, Planet Labs, and Astra, primarily satellite-based startups. Besides, he is actively involved in many philanthropic works.
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The company faces stiff competition from the likes of:
Salary & Net Worth – Investors, Funding, & Valuation
In 2020, Salesforce founder Marc Russell Benioff reportedly earned USD 26 million as total compensation comprising base salary, stock options, cash bonus, and other components. His net worth is said to be USD 8.8 billion. His cloud computing business is estimated to be worth USD 219.3 billion. In this company, he owns about a 4% stake.
Career & Education – Company, University, & College
Even before founding and leading one of the world’s largest tech companies, Benioff exhibited entrepreneurial and leadership qualities from a young age. He was there at database software expert Oracle for 13 years and played senior roles handling product development, marketing, and sales. When he was only 23, he became the Rookie of the Year at Oracle and reached the post of vice president within the next three years. Besides, at the age of 15, he created and sold video games through his venture Liberty Software. Some of his creations included Escape from Vulcan’s Isle, King Arthur’s heir, The Nightmare, and others, bringing him monthly royalties of USD 1,500. It helped him pay for his college education. Before this, he developed an application called How to Juggle when he was still in high school. He made $75 from its sale.
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Salesforce CEO Marc Benioff did a summer internship at Apple after meeting Apple’s celebrated employee Guy Kawasaki. It was his first real experience with a tech company. He holds a bachelor’s degree in business administration from the University of Southern California. He completed his graduation from Burlingame High School in 1982.
Contact Marc Benioff – Email Address | Twitter | LinkedIn
You can try to reach out to him at the email ID [email protected] or [email protected] His official twitter handle is @Benioff. You can also check his LinkedIn profile at https://www.linkedin.com/in/marcbenioff.
Marc Benioff Wiki – Age, Wife, Family, & More
He was born on September 25, 1964. His upbringing took place in a Jewish family in the San Francisco Bay Area. Marc (age 57) is a relative of screenwriter and producer David Benioff. Both of them are the descendants of the same great-grandfather, named Isaac. However, they first met each other in 2015 during the premiere of Game of Thrones in San Francisco.
Benioff is married to Lynne and has two kids from the marriage. The family resides in San Francisco, California. The couple is committed to their children’s health apart from philanthropy. They want to solve issues around homelessness, the environment, and public education. The duo donated over USD 250 million to the University of California to construct children’s hospitals in San Francisco and Oakland. Also, together they bought Time Magazine in a USD 190 million deal.
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As some say, he took a 6-month sabbatical at the age of 31. At that time, he traveled to India and Hawaii. During the trip, yoga and Eastern religions drew his attention. Quite interestingly, it was the same time he got the idea of starting up his cloud-based CRM company. The journey of Salesforce started with three other founders from a small one-bedroom apartment at Telegraph Hill, San Francisco. They turned their closet into a server room. In their apartment, the founders kept the posters of Dalai Lama and Albert Einstein.
Benioff is an outstanding example of vision and entrepreneurship who rose above humble beginnings and carved a place for himself as a self-made billionaire. He shares a deep interest in electronics, computer programs, aviation, and basketball.