The tech billionaire Marc Benioff donated the statue to a museum in Honolulu. As a subscriber, you have 10 gift articles to give each month. Salesforce Chairman and CEO Marc Benioff and his wife Lynne recently purchased kii (image) representative of the Hawaiian god Ku from the collection of Pierre and Claude Verite through a public auction held at Christies Paris in November 2017 and donated it to the Bishop Museum of Hawaii. 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. He was one of the youngest executives ever at Oracle. #400 Marc Benioff I have been on hundreds of panels. The Salesforce founder has long had a connection to Hawaii. Lynne Krilich is his wife. . Now questions are being asked about Mr. Benioffs act of cultural repatriation. By force of will, and plenty of guerrilla marketing tactics, Benioff made this market happen. Microsoft and Salesforce used to be arch enemies, with Benioff havingnary a nice thing to say about former Microsoft CEO Steve Ballmer. Mr. Blau and other experts point out that radiocarbon testing can narrow down the age of the wood, but not when it was carved. And so the debate, and the uncertainty, goes on. high price to exercise options and sell chunks, Benioff said at TechCrunch Disrupt last year. The Wall Street Journal once showed off the Benioffs' 15,858-square-foot house bought for $27 million in 2005, too. [51], In March 2020, Benioff procured 50 million pieces of personal protective equipment for hospitals and COVID-19 first responders in the United States. Check out this video to see the Quadski in action. In 2016 it was listed at $19.7 million. He helped create a whole new category of tech called "software as a service.". Jill Tucker has covered education in California for 22 years, writing stories that range from issues facing Bay Area school districts to broader national policy debates. Times Internet Limited. Mr. Harding said he had told Christies before the sale that the sculpture was the mate of a similar-looking figure made from the same type of wood in the British Museum; records show that sculpture was acquired by the London Missionary Society in Hawaii in 1822. A Hawaii Museums $7.5 Million Question, https://www.nytimes.com/2019/02/27/arts/design/hawaii-sculpture-bishop-museum-marc-benioff.html. Having been bought at auction for more than $50,000, the sculpture would have to be appraised by the I.R.S. She described the carving as an incredible discovery., When I first saw this figure I was astonished really speechless, she said. I had what I thought I wanted. Earlier that year, Benioff vacationed at a Fiji hotel owned by Robbins where a group of 20 people jumped off a bridge at midnight, plunging 60 feet into a rushing river, Benioff told attendees of TechCrunch Disrupt. They recently challenged each other to a public Fitbit contest to raise money for charity. Heres what first half of March looks like. He also gives to the local schools, and he launched SF Gives, an organization that encourages tech companies to give to Bay Area charities. [19] The book became a New York Times bestseller. 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. Most of that wealth comes from the company he founded, Salesforce.com, where he is CEO. He says he has $9 billion already under contract. His desire to infuse the corporate culture of Salesforce with the Aloha spirit including turning his employees Fridays into Hawaiian shirt days has, however, led to accusations of cultural appropriation. He has won numerous awards, including CNN Business CEO of 2020, and is a published author. With no high-pressure system off the California coast to block storms, wet weather coming across the Pacific Ocean can sail right into the state. Salesforce CEO Marc Benioff laughs with his wife Lynne Benioff during the grand opening ceremony of the Salesforce Tower in San Francisco, Calif. Tuesday, May 22, 2018. He owns an estate. He owns a 5-acre estate in Hawaii Karl Hedberg/Honolulu Magazine Benioff built a huge compound on the island of Hawaii, the state's largest island. But some experts say it might not be as old, or as valuable, as the auction house claimed. Last fall, a fact-finding delegation of curators from the Bishop Museum visited experts in London and Paris, including Mr. Meyer, to investigate the history of the sculpture. Salesforce CEO Marc Benioff loves all things Hawaii. AP Photo/Ben Margot. Required fields are marked *, Who was Muhammad Ali? Most Californians can put off filing taxes until Oct. 16 but should they? Marc Benioff, who runs Salesforce, speaking at the World Economic Forum in Davos, Switzerland, in January 2020. . [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. Some have returned home, others not yet, Akaka said in a statement this week. Bishop Museum in Honolulu, in an donation, Ian Bremmer: Why the American dream doesn't exist anymore. Benioff recently made the news as a good neighbor by coordinating the donation of 1 million face masks to Hawaii County Civil Defense through the University of California San Francisco, where. Matt Edge for The New . [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. Her work has generated changes to state law and spurred political and community action to address local needs. Apple is no longer king of the Dow . "Ohana," Hawaiian for family, is a core tenant of the company's culture. Benioff is a new-age guy who loves yoga and meditation. [68] In November, Benioff announced his support for San Francisco's Prop C measure that would increase taxes on large corporations to aid unhoused residents in the city. Benioff also said he's pleased with Salesforce's operating cash-flow performance and projections. [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. Over $5 billion in revenue is a big milestone for a 100% cloud-computing company. Its a spiritual item, Benioff told the Chronicle. About Marc Benioff. 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. [19][20][21][22][23] In 2021, two companies Time Venture backed, Planet Labs and IonQ, went public. This figure could stand on the world stage., Ms. Kloman declined to comment on the doubts subsequently raised about the sculpture, but a Christies representative said last week in an email that it was an important rediscovery that is sure to inspire continued scholarship and interest.. Ellison invested $2 million as an angel and sat on the board for a while. Some international experts say the piece could be from the 20th century and worth less than $5,000. [48], In 2017, the Benioffs partnered with the US National Fish and Wildlife Foundation and the National Oceanic and Atmospheric Administration to form the Pacific Islands Research and Conservation Programme. But now doubts have emerged about the sculptures age, inside and outside the Bishop Museum. Mr. Marc Benioff is a Co-Founder and serves as Co-Chief Executive Officer and Chairman at Salesforce. Mr. Benioff, who would not comment for this article, currently has a net worth of about $6.8 billion, according to Forbes. In 1979, at age 15, he founded his first company, Liberty Software, which wrote Atari video games. When Salesforce CEO Marc Benioff designed the layout of his company's flagship new building in San Francisco, he brought in Buddhist monks for help. Here are some of the most fascinating facts about Marc Benioff 1. Moreover, it's a three-story property. I told them it looked like a similar replica of the sculpture in the British Museum, only smaller, Dr. Kaeppler said. As people left, they were handed a box and inside was a book about spiritual growth by Yogananda called the "Autobiography of a Yogi. KAILUA-KONA, Hawaii (AP) A billionaire tech entrepreneur with a home on Hawaii island has coordinated a donation of 1 million face masks to slow the spread of the coronavirus there. Marques Marzan, a cultural adviser at the Bishop Museum who has been coordinating the museums research, said that a date for the donated sculpture cannot be confirmed at this time., But, he added, the exhibition in which it is featured focuses on what this enigmatic Hawaiian sculpture represents to the living people today., Provenance and dates are helpful in better understanding the cultural and global context of objects, Mr. Marzan said. The museums current Transformative Images exhibition, in which the figure is on show, presents it cautiously, describing it as long held in a private French collection, but not specifying when it was carved. Salesforce chief executive Marc Benioff, and his wife Lynne, purchased the rare piece at a November Christie's auction in Paris, paying more than $7 million for the figure, which is less than two feet tall. The company reported $6 billion for fiscal 2022, up 25% year over year, and with expectations of. And he advocates giving back. Salesforce ended its latest fiscal year with $5.37 billion in revenue. When he travels, he prefers B&B accommodations. [32] In 2019, he again co-wrote Trailblazer: The Power of Business as the Greatest Platform for Change, with Monica Langley. Besides the area, the physical condition is also excellent, and it is prepared with good construction materials. 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. After a bit of deliberation, the board ended up accepting the gift for use by emergency personnel. [58], Marc and Lynne Benioff have been included in lists of top givers by Forbes and the Chronicle of Philanthropy. 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. His full name is Marc Russell Benioff. Check out the Marc Benioff house below. 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. The Hawai'i State Department of Education and Salesforce Chair & Co-CEO Marc Benioff and his wife Lynne are partnering to fund $3 million in . The tech billionaire has since bought several lots near his house, ostensibly to increase his privacy. [52] In April 2020, Benioff donated more than $1 million to Give2SF COVID-19 Response and Recovery Fund. It felt like a once-in-a-lifetime opportunity to return something like this to its home, Benioff added. He wears Hawaiian shirts to work and even named his dog "Koa," a word that means "daring warrior" in the native tongue. His fourth book, Trailblazer, documents his journey leading Salesforce to becoming the software behemoth it is today. The billionaire signs his emails, Aloha, Marc, and likes wearing Hawaiian shirts. When he threw a fund-raiser for President Obama at his San Francisco home, his friend Stevie Wonder wrote a special song and sang it at the party, USA Today reported at the time. Benioff got in a bidding war and ultimately paid $7 million for the idol,according to the San Francisco Chronicle. Copyright 2023 San Francisco Chronicle. Marc sponsors free concerts annually. Now, he's a billionaire tech mogul and the co-founder of Salesforce, a leading. 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. Benioff never did drugs but did turn to meditation to "straighten myself out a little bit," he says. The ki'i is 20 inches tall and stands in a warrior pose. Benioff, who owns an estate in Hawaii, said he had to beat out a significant bidder, to get the item. He has donated about $250 million to build a new children's hospital with University of California at San Francisco. We felt strongly that this kii belonged in Hawaii, for the education and benefit of its people, Benioff said in a statement. 4. He is the co-founder of the software company Salesforce. It's possible that he enjoys living a normal life whenever he can. The Christies sale in Paris was the last of several from the fabled private collection of Pierre Vrit and his son Claude, both highly regarded dealers in tribal art. He wears Hawaiian shirts to work and even named his dog "Koa," a word that means"daring warrior" in the native tongue. Now he's promising that Salesforce will soon double that and become the fastest enterprise software company EVER to deliver $10 billion in revenue. But it won't last long. Melia Robinson/Business Insider and Christie's. The last gift Jobs ever gave him was a book. Windsurfing legend Robby Naish, 57, who has won 23 world championships, is selling his estate on. Marc Benioff pays $7M to return rare Hawaiian war god relic to the islands, Track water shortages and restrictions across Bay Area. 430. In Hawaiian culture, Ohana . DEVELOPER MEDIA KIT ``It's a spiritual item,'' he said. Benioff said he only learned of the piece a day before it went up for auction when Danny Akaka, Jr., Hawaiian cultural practitioner and Bishop Museum board member, called to ask for the billionaire's help. 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. Thanks to his Atari company, Benioff got hired as a teenager by Apple. New York CNN Business . [3][8], While in high school, Benioff sold his first application, How to Juggle, for $75. Marc benioff email: CEO . as well as other partner offers and accept our, NOW WATCH: The 13 best beaches in America. [3], Benioff founded Salesforce in 1999[15] in a San Francisco apartment and defined its mission in a marketing statement as "The End of Software. You'll have a better-looking and more enjoyable household by having one. [8] In 1979, when he was 15, Benioff founded Liberty Software, creating and selling games such as Flapper and King Arthur's Heir for the Atari 8-bit. "That new kind of . Marc Benioff is Chair, CEO, and Co-Founder of Salesforce and a pioneer of cloud computing. [30], Benioff has co-written four books about business and technology. But if a piece cannot provoke discussion or appreciation, what really is it worth?, Masterpiece or Mistake? Benioff is a bona-fide gadget geek. He is said to have a place in the historical Presidio neighborhood and own a $28 million mansion in San Francisco's Billionaire Row, a cluster of 10 uber-expensive homes in the Pacific Heights area. Furthermore, please leave your thoughts and comments below. "There would be no Salesforce.com without Steve Jobs, Benioff said at TechCrunch Disrupt last year. The Hawaiian Hall at the Bernice Pauahi Bishop Museum. 03:28. It's a great city in California. he's up by about $1 billion from about a year ago. 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Salesforce founder and co-CEO Marc Benioff is putting his money behind a lobbying push to impose a new tax on big companies that would raise money to help . After a bit of deliberation, the board ended up accepting the gift for use by emergency personnel. And he was forever inspired by, and friends with, Jobs. When deciding whether they would accept the gift, the Board of Supervisors valued the amphibious vehicles at$50,550 each. Over the years, many of Hawaiis cultural treasures have resided outside of Hawaii. Benioff is best known as the co-founder, chairman and CEO of the software company Salesforce, as well as being the owner of the magazine Time since 2018. 02-2503-2490, Our goal is to create a safe and engaging place for users to connect over interests and passions. But he says he's not a Democrat: "I'm not a Democrat and I'm not a Republican. [43][44][45], In 2010, the Benioffs donated $100 million to UCSF Children's Hospital. He said at a 2012 conference that he spends about a third of his total time at his vacation home. Benioff owns a 7,600-square-foot home in Hawaii. With the Gates Foundation, the hospital is building a pre-term birth center at the Benioff Children's Hospital. Please enable Javascript to watch this video, Marc Benioff keeps one of these $40,000 amphibious vehicles at his house in Hawaii. Upon his return, Schultz set in motion a second act that saw Starbucks transform from a coffee house into a consumer app, AI platform, and neobank. It's owned by Hale O Aloha, which shares a mailing address with SalesForce Inc., a cloud-computing software company founded by Marc Benioff, a 30-year-veteran of the software industry. In addition to giving money to the children's hospital, Benioff hosts fabulous private concerts and parties to raise money for it. "When I was 25, I was the youngest VP. The billionaire signs his emails, ``Aloha, Marc,'' and likes wearing Hawaiian shirts. But admirers now see him becoming Silicon Valley . Moreover, it gives you all the benefits of owning a swimming pool and all the work and expense of []. Salesforce CEO Marc Benioff loves all things Hawaii. Its an incredible discovery, she added. While an executive at Oracle, he decided to take a sabbatical and rented a beach hut on the Big Island of Hawaii. . If I like someone, I'll give them money, but I'm not particularly close to anyone.". A Natural Entrepreneur In an interview with the NY Times, Benioff talked about how he was born an Entrepreneur and used to go around to people's homes to see if they needed antennas or CB radios repaired. [29], As of February 2022, Benioff had an estimated net worth of US$8.31 billion according to Bloomberg Billionaires Index. Some have returned home, others not yet,'' Akaka said in a statement this week. I'm an American. This private act of restitution came amid a growing clamor for Western collections to return ethnographic artifacts to their places of origin. Use Next and Previous buttons to navigate. Aloha, Marc.". Salesforce CEO Marc Benioff and his wife, Lynne, purchased the rare piece at a November auction at Christies in Paris, paying more than $7 million for the figure, which is less than 2 feet tall. Billionaire signs his emails, `` Aloha, Marc, '' Hawaiian for family is... Be no Salesforce.com without Steve Jobs, Benioff said in a warrior pose,... I like someone, I 'll give them money, but I marc benioff house hawaii. His fourth book, Trailblazer, documents his journey leading marc benioff house hawaii to becoming the software company Salesforce house! Disrupt last year about $ 250 million to UCSF children 's hospital with University of California at Francisco. A pioneer of cloud computing 45 ], Benioff added the last gift ever! 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