Marc Benioff is credited for being the pioneer of cloud computing. He is the chairman, co-CEO and co-founder of Salesforce. Salesforce is one of the world’s top-performing businesses for corporate software.
Marc Benioff Biography And Net Worth
Net Worth | 6.7 Billion Dollars |
Name | Marc Russell Benioff |
Date of Birth | September 25, 1964 |
Birthplace | San Francisco, California, United States |
Age | 58 Years |
Spouse | Lynne Benioff |
Education | USC Marshall School of Business, Burlingame High school, University of Southern California |
Profession | Co-Chief Executive Officer of Salesforce |
Marc Benioff is credited for being the pioneer of cloud computing. He is the chairman, co-CEO and co-founder of Salesforce. Salesforce is one of the world’s top-performing businesses for corporate software.
Marc Benioff Early Life
On September 25, 1964, Marc Russell Benioff was born in San Francisco, California. After finishing high school, Benioff attended the University of Southern California. He was raised in a Jewish household with deep ties to the San Francisco Bay Area. Benioff eventually graduated with a bachelor’s degree in business administration. David Benioff, the creator and producer of the “Game of Thrones” television series, is Marc’s second cousin. Marc developed a penchant for programming early on despite majoring in business administration in college. He started selling software and video games while still in high school. He founded Liberty Software at the age of 15 and produced a number of popular Atari 8-bit video games. By the time he was 16 years old, his monthly royalties had increased to over $1,500. It was more than enough to cover the cost of his college education.
Marc Benioff Career
Benioff served as an intern for Apple Computer when he was still a student at USC. He was hired by Oracle Corporation after graduating. The following 13 years of Marc’s work were devoted to moving up the ladder at Oracle. In 1999, Benioff established Salesforce after leaving Oracle. He was residing in a rented residence in San Francisco at that time. Marc was one of the first individuals to recognize the possibilities of SaaS or “Software as a Service”. “The End of Software” was one of Salesforce’s early marketing catchphrases. He coined the phrase “platform as a service” and many of his forecasts seem to have come true today. In fact, many firms are adopting cloud computing as the norm, and this trend is anticipated to last for several decades. At that time, Salesforce was at the forefront of the cloud computing craze.
The company’s revenue for the 2015 fiscal year was $5.37 billion. At the time, a cloud computing company had accomplished a significant feat if its revenue surpassed $5 billion. Benioff has over the years made a number of noteworthy acquisitions. This not only increased his own net worth but also improved Salesforce’s performance. ExactTarget, an email marketing company, was one of Salesforce’s most significant acquisitions in 2013. Buddy Media was purchased by Salesforce for $689 million a year earlier. A few months later, Salesforce made another acquisition, paying $70 million to acquire the Canadian firm Golnstant.
Marc Benioff Wife
Marc Benioff is married to Lyne Benioff. Marc and Lyne have two children together.
Marc Benioff Net Worth
Marc’s net worth is around 6.7 billion dollars as of this writing. The success of his company Salesforce is the reason behind his fortune.
Marc Benioff Body Features
Height | 5’10” |
Weight | 88 kg |