Marc Benioff

Marc Benioff
Marc Benioff (bizjournals.com)

Marc Benioff is best known as the founder of Salesforce.com, an on-demand customer relationship management service that helps companies manage its relationships with their clients and customers. He serves the company as the founder, chairman and CEO today. Benioff was born and raised in San Francisco and following high school he went on to attend the University of Southern California. Benioff studied Business Administration and earned his Bachelor of Science in 1986.

After graduation, Benioff joined Oracle in a customer-service role per advice from his professors. By the age of 23, Marc was named Oracle’s Rookie of the Year and just three years later he was promoted to vice president, the company’s youngest to hold that title. Benioff would spend 13 years at Oracle before founding Salesforce. Salesforce.com has recieved many awards since its inception and has produced approximately $5.3 billion in revenue in 2015. Benioff’s net worth is valued at $3.8 billion.

Through his worth, Benioff is known to be one of the United States top philanthropists. Benioff started the 1/1/1 philanthropic model. The model is a plan to donate 1% of profits, 1% of equity and 1% of employee hours back to the communities it serves. Since its inception, companies like Google have adopted the model. In June of 2010, Marc and his wife Lynne announced $100 million gift to UCSF Children’s Hospital. Marc then donated an additional $100 million to Oakland Children’s Hospital.

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