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is marc benioff jewish salesforce

by Vincenza King Published 2 years ago Updated 1 year ago
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As founder and co-CEO of the multibillion-dollar, cloud-based software company Salesforce, Benioff, a Jewish San Francisco native and member of Congregation Emanu-El, has donated hundreds of millions of dollars of his company’s profits and his own fortune to schools, nonprofits and hospitals in the Bay Area.

Benioff was raised in a Jewish family in the San Francisco Bay Area. He graduated from Burlingame High School in 1982. Benioff received a Bachelor of Science in business administration from the University of Southern California, where he was a member of the Tau Kappa Epsilon fraternity, in 1986.

Full Answer

What does Marc Benioff do for Salesforce?

Marc Benioff is Chairman, co-Chief Executive Officer and Founder of Salesforce and a pioneer of cloud computing. Under Benioff's leadership, Salesforce is the fastest-growing top-five enterprise software company and the #1 provider of Customer Relationship Management (CRM) software globally.

What is Marc Benioff net worth?

Marc Russell Benioff is an American internet entrepreneur, with a net worth of $7.8 billion as of May 2020. He is the founder, chairman and CEO of Salesforce, an enterprise cloud computing company. As of June 2020, he owned 3.36% of Salesforce shares, worth $4.8 billion.

Who is Marc Benioff and why does Indiana need him?

As the largest tech employer in Indiana (following the 2013 acquisition of ExactTarget), Benioff led a global effort of business leaders fighting back against the legislation, ultimately leading to the Indiana State Legislature's passing an amendment to the bill forcing companies and individuals to service LGBT customers.

What is Ben Benioff known for?

Benioff was named “Innovator of the Decade” by Forbes, ranked #3 on Fortune's 2017 "Businessperson of the Year" list, and recognized as one of the World’s 25 Greatest Leaders by Fortune and 15 Best-Performing CEOs by Harvard Business Review.

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Where is Marc Benioff from?

San Francisco, CAMarc Benioff / Place of birthSan Francisco, officially the City and County of San Francisco, is a commercial and cultural center in the northern region of the U.S. state of California. The city proper is the 17th most populous in the United States, and the fourth most populous in California, with 815,201 residents as of 2021. Wikipedia

What percentage of Salesforce does Marc Benioff own?

The majority of Benioff's fortune is derived from his stake in Salesforce, a provider of customer relationship software. He owns owns about 3% of the company, according to a January 2022 filing.

Who owns Salesforce now?

Marc BenioffMarc Benioff is Chair, Co-CEO, and Co-Founder of Salesforce and a pioneer of cloud computing. Under Benioff's leadership, Salesforce is the #1 provider of customer relationship management (CRM) software globally and one of the world's fastest-growing enterprise software companies.

What is Marc Benioff net worth?

7.1 billion USD (2022)Marc Benioff / Net worth

What religion is Marc Benioff?

JewishEarly life and education. Benioff was raised in a Jewish family in the San Francisco Bay Area. He graduated from Burlingame High School in 1982.

How much does the CEO of Salesforce make?

$25,740,775Marc Benioff made $25,740,775 in total compensation as Chairman of the Board and Chief Executive Officer at Salesforce.com Inc in 2021. $4,374,100 was received as Total Cash, $20,000,120 was received as Equity and $1,366,555 was received as Pension and other forms of compensation.

Is Salesforce a Hawaiian?

Salesforce, worth $126 billion, has used effusive, happy-go-lucky Hawaiian imagery and terms since its founding in 1999. Its workforce is known as the “Salesforce Ohana,” named after the Hawaiian word for family that bears a broad connotation of kinship.

What did Marc Benioff do before Salesforce?

At 15 years old, he founded the company “Liberty Software”, where he created and sold games for the Atari 8-bit. He developed games such as King Arthur's heir, The Nightmare, and Escape from Vulcan's Isle, which by 16, enabled him to earn royalties of $1,500 a month, paying his own way through college.

Is Google going to buy Salesforce?

Acquiring Salesforce Google could acquire Salesforce and reach its goal to become the No. 2 cloud player by 2023, RBC said. According to a source who spoke with Business Insider in August, Kurian told employees Google Cloud has a five-year goal to become "at least the No.

Is Salesforce bigger than Oracle?

Oracle has the highest overall revenue by far: its $40 billion in annualized revenue is 25% bigger than SAP's $32 billion, and 2X as big as Salesforce's $19 billion.

Where did Marc Benioff go to college?

USC Marshall School of...1982–1986Burlingame High School1982University of Southern CaliforniaMarc Benioff/Education

Does Oracle own Salesforce?

Since Marc Benioff founded the company 20 years ago, Salesforce has run its business on the Oracle Database. Several years ago, Oracle moved aggressively into the SaaS business and became a direct competitor of Benioff's in the CRM space.

Why did Benioff create Salesforce?

Building a different kind of company, Benioff created Salesforce to not only develop great products, but also to have a positive impact on the world. On day one, Benioff created the 1-1-1 model of philanthropy, which leverages the resources of Salesforce to improve communities around the world.

How old was Benioff when he started Liberty Software?

When he was 14 years old, he sold his first piece of software, “How to Juggle,” for $75. He founded his first company, Liberty Software, which created video games, at the age of 15. Benioff received a B.S. in Business Administration from the University of Southern California, where he is on its Board of Trustees.

Where was Marc Benioff in 1996?

In 1996, Marc Benioff was in southern India, taking a much-needed sabbatical from his high-stress, lucrative job at Oracle, when he was offered a kernel of wisdom that would forever affect his business endeavors going forward.

Where did Benioff go to college?

After attending Burlingame High School and entering the University of Southern California, Benioff took an internship at Apple Computer, where he developed a relationship with CEO Steve Jobs. Benioff joined Oracle after graduation, quickly climbing the ranks to become the company’s youngest vice president.

Where did Benioff start Salesforce?

7. Telegraph Hill. Benioff founded Salesforce along with three others, in a small apartment 1 bedroom apartment atop Telegraph Hill in San Francisco. They used the closet as a server room. and were accompanied by posters of the Dalai Lama, Albert Einstein, and two dogs. 8.

Who is Marc Benioff?

Source – Behind The Cloud, p20, Marc Benioff. 4. An Apple Intern. While Benioff was putting himself through college, he had a conversation with legendary Apple employee Guy Kawasaki, who offered him an Intern role at Apple over the summer.

What did Benioff threaten?

After emploring other CEO’s to do the same, receiving a lot backlash from others thinking that CEO’s shouldn’t get in the way of the democratic process, Benioff threatened economic sanctions on Indiana if the law wasn’t reversed. This prompted the governor to react and change the bill. Source – Trailblazer, p34, Marc Benioff.

How many employees does Salesforce have?

Fast forward to today, and Salesforce has over 40,000 employees across the globe, and more than 1 million members in its ecosystem, including customers, partners, ISV’s, ...

What was Benioff's first piece of software?

The first piece of software he wrote on that computer from Radio Shack, was called “How to Juggle”. Benioff sold this for $75, a sign of things to come…. Source – Behind The Cloud, p20, Marc Benioff. 3. Liberty Software.

What was Benioff's job?

5. Oracle Years. Benioff landed a job at Oracle coming out of college. As a star salesman, he quickly became one Oracle CEO, Larry Ellison’s favorites, and won Rookie of the year at age 23. Three years later, he was promoted to Vice President, of which he was the youngest ever, making over $1M a year.

Who is the CEO of Salesforce?

None of this would have been possible without Salesforce’s visionary founder and CEO, Marc Benioff. Marc refers to the past a lot when talking about the founding of Salesforce, claiming that there were many aspects of his earlier years that shaped the Salesforce idea and its growth.

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Awards and recognition

  • Benioff was named Innovator of the Decade by Forbes, ranked #3 on Fortune's 2017 \"Businessperson of the Year\" list, and recognized as one of the Worlds 25 Greatest Leaders by Fortune and 15 Best-Performing CEOs by Harvard Business Review. For his leadership on equality, Benioff has been honored by GLAAD, the Billie Jean King Leadership Initiative and Variety Maga…
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Philanthropy

  • Building a different kind of company, Benioff created Salesforce to not only develop great products, but also to have a positive impact on the world. On day 1, Benioff created the 1-1-1 model of philanthropy, which leverages the resources of Salesforce to improve communities around the world. Today, more than 5,000 companies have adopted the 1-1-1 model through the …
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Organizations

  • A member of the World Economic Forum (\"WEF\") Board of Trustees, Benioff serves as the inaugural Chair of WEF's Forum Center for the Fourth Industrial Revolution in San Francisco.
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Business

  • Before launching Salesforce, Benioff spent 13 years at Oracle Corporation, where he was the youngest vice president in company history. When he was 14 years old, he sold his first piece of software, How to Juggle, for $75. He founded his first company, Liberty Software, which created video games, at the age of 15.
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Personal

  • Benioff received a B.S. in Business Administration from the University of Southern California, where he is on its Board of Trustees. In 2014, USC awarded Benioff an honorary degree of Doctor of Humane Letters.
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