Marc Benioff Net Worth
Marc Benioff has an estimated net worth of $6.6 billion. Marc Benioff is an American businessman and top executive, billionaire, and one of the co-founders, chairman, and CEO of Salesforce Corporation.
To calculate the net worth of Marc Benioff, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets.
All debts, such as personal loans and mortgages, are included in total liabilities.
Here’s the breakdown of his net worth:
|Net Worth:||$6.6 Billion|
|Monthly Salary:||$1 Million|
|Annual Income:||$40 Million|
|Source of Wealth:||Businessperson|
Benioff grew up in a Jewish family in the San Francisco area. He graduated from Burlingame High School in California in 1982. He is the first cousin of producer, director, and novelist David Benioff.
While still in high school, Benioff sold his first app, How to Juggle, for $75. At the age of 15, he founded Liberty Software and developed and sold games like “Flapper” for Atari 8-bit
Epyx published his games “King Arthur’s Heir,” “The Nightmare,” “Escape from Vulcan’s Isle” and “Crypt of the Undead,” and by the age of 16 Benioff was earning $1,500 a month, enough to pay for college
While in college, Benioff completed internships as an assembly language programmer at Apple Computer’s Macintosh division. He wanted to continue programming after college, but USC professors advised him to seek customer-facing work experience. So after graduation, he began working at Oracle Corporation in customer support. Before founding Salesforce, Benioff worked at Oracle for 13 years in various leadership roles in sales, marketing, and product development
At 23, he was named Oracle’s Rookie of the Year and three years later was promoted to vice president – the youngest person in the company to hold that position.
Benioff founded Salesforce in March 1999 in a rented apartment in San Francisco and defined his mission in a marketing statement as “The End of Software”
The End of Traditional Enterprise Software. He is the creator of the term “Platform as a Service” and has expanded Salesforce’s reach by enabling customers to build their own applications on the company’s architecture or in the Salesforce cloud
On Sept. 16, 2018, Marc and his wife, Lynne, bought Time magazine for $190 million. As of June 2020, he owned 3.36% of Salesforce stock, valued at $4.8 billion.
Personal Life & Wife
He is married to Lynne Krilich Benioff and has two children. The family lives in San Francisco.
Marc is a distant cousin of TV showrunner and producer David Benioff.
Behind the Cloud
How did salesforce.com go from a start-up in a rented apartment to the fastest-growing software company in the world in less than a decade?
For the first time, Marc Benioff, the visionary founder, chairman and CEO of salesforce.com, tells how he and his team developed and deployed new business, technology and philanthropic models tailored to this time of extraordinary change.
Benioff’s story shows how salesforce.com not only survived the dot-com implosion of 2001, but also defined itself as a pioneer in the cloud computing revolution and launched a $46 billion industry. It will help executives and entrepreneurs stand out, innovate better, and grow faster in any economic climate.
In Behind the Cloud, Benioff shares the strategies that have inspired employees, turned customers into evangelists, leveraged an ecosystem of partners, and allowed innovation to flourish.
Trailblazer: The Power of Business as the Greatest Platform for Change
In Trailblazer, Benioff gives readers a rare behind-the-scenes look at one of the world’s most admired companies.
He reveals how Salesforce’s core values-trust, customer success, innovation, and equality-and a commitment to giving back have become the company’s greatest competitive advantage and the most powerful driver of its success.
Because no matter what industry you are in, Benioff says, values are the foundation of a resilient company culture that inspires all employees at all levels to do the best work of their lives. Along the way, he shares insights and best practices for anyone who wants to cultivate a corporate culture capable of thriving in the face of inevitable upheaval.
None of us in the business world can afford to sit on the sidelines and ignore what’s going on outside the walls of our workplace. In the future, profits and progress will not be sustainable unless they serve the greater good.
Whether you run a business, lead a small team, or just hung a ID badge around your neck for the first time, Trailblazer shows you how anyone can become an agent of change.
Marc Benioff Quotes
You must always be able to predict what’s next and then have the flexibility to evolve.
The only constant in the technology industry is change.
Presentation skills are key. People who work for you represent your brand. You want them to present themselves – and represent you – in a certain way.
If someone asks me what cloud computing is, I try not to get bogged down with definitions. I tell them that, simply put, cloud computing is a better way to run your business.
I want to remind everyone that we have a no alcohol policy at Salesforce. Alcohol is a drug, and having alcohol on a Salesforce premise is simply unfair to the Ohana who either do not want it or are intolerant of it.
Businesses cannot be extricated or disintermediated from the communities they serve. Businesses who do that will do that at their own peril. They will draw fire. And companies who are integrated will be lauded by their communities and not draw fire.
Nothing is more important, certainly during these times of artificial intelligence, than our public education. And as it continues to grow and evolve, I think you and I know this is going to be critical that we are constantly training and retraining and creating these next-generation jobs.
Most of all, I discovered that in order to succeed with a product you must truly get to know your customers and build something for them.
I strongly believe the business of a business is to improve the world.
The world is being re-shaped by the convergence of social, mobile, cloud, big data, community and other powerful forces. The combination of these technologies unlocks an incredible opportunity to connect everything together in a new way and is dramatically transforming the way we live and work.
I always knew I wanted to be an entrepreneur. I started my own software company in high school and went to college to study entrepreneurship.
Learning how to interact with customers is something that anyone starting any business must master. It’s an amazing opportunity to be able to learn the ropes at an established company and then employ your expertise at your own company.
My approach to politics is that I’m not a Democrat or a Republican. I’m an American and I always support candidates I think are great for the country.
When I get something in my head, it’s hard for me to just let it go.
The bigger and more successful Salesforce becomes, the more we’ll invest in our public schools, the more we will invest in homeless, the more we will invest in public hospitals, the more we will invest into NGOs.
The whole concept of data science is that the software becomes the expert, and you, as the average user, are able to understand what’s going on.
Journalists immediately think of me as a resource for a quote or comment because they know that I will be available to offer fresh insight and meet their deadlines.
The future of communicating with customers rests in engaging with them through every possible channel: phone, e-mail, chat, Web, and social networks. Customers are discussing a company’s products and brand in real time. Companies need to join the conversation.
In school all I wanted to do was build technology. That’s what I loved.
View our larger collection of the best Marc Benioff quotes.
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