
Reported net worth
$6.70B
Source: Celebrity Net Worth · verified Oct 12, 2026
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Marc Benioff was born in 1964 in San Francisco, California. He showed an early interest in software development, creating his first company, Liberty Software, at the age of 15. He went on to attend the University of Southern California, where he graduated with a Bachelor of Science degree in business administration in 1986. During his college years, he completed an internship at Apple Computer, which helped solidify his interest in the technology industry.
Following his graduation, Benioff joined Oracle Corporation, where he spent 13 years working under Larry Ellison. He climbed the corporate ranks to become one of the youngest vice presidents in the company's history. This tenure provided him with deep insights into enterprise software and the limitations of traditional, on-premise computing models that required heavy infrastructure investment and lengthy installation times.
In 1999, Benioff left Oracle to found Salesforce, an enterprise cloud computing company. Working from a small apartment in San Francisco, he pioneered the software-as-a-service model, which allowed businesses to access software applications over the internet via a subscription. This shift challenged the status quo of the technology industry and fundamentally changed how corporations manage customer relationships.
Salesforce grew rapidly, and by 2004, the company launched a successful initial public offering. Under Benioff's leadership, the company continued to expand through organic growth and significant acquisitions, including the purchases of Slack, MuleSoft, and Tableau. His leadership style is characterized by a commitment to the 1-1-1 model of corporate philanthropy, which pledges one percent of equity, product, and employee time to community causes.
Today, Benioff remains the chairman and chief executive officer of Salesforce. He is also a notable media proprietor, having acquired Time magazine in 2018. With a reported net worth of approximately $6.7 billion, he continues to be a central figure in the technology landscape, frequently advocating for corporate social responsibility and the role of businesses in addressing societal challenges.
1990
Youngest Oracle Vice President
Benioff was promoted to vice president at Oracle Corporation at the age of 26, becoming the youngest person to hold the title in the company's history.
1999
Founding of Salesforce
Benioff co-founded Salesforce in a rented San Francisco apartment, pioneering the industry shift toward cloud-based enterprise software.
2004
Salesforce Initial Public Offering
Salesforce went public on the New York Stock Exchange under the ticker CRM, raising $110 million and establishing its financial independence.
2018
Acquisition of Time Magazine
Benioff and his wife Lynne personally acquired Time magazine from Meredith Corporation for $190 million.
2021
Completion of Slack Acquisition
Salesforce closed its massive $27.7 billion acquisition of Slack Technologies, integrating the messaging platform into its enterprise suite.
2023
Sole Chief Executive Officer Transition
Benioff became the sole CEO of Salesforce once again after the departure of co-CEO Bret Taylor.
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