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The rise of Marc Benioff, the CEO of Salesforce and owner of Time Magazine

May 13, 2024 - businessinsider.com
Marc Benioff, the CEO of Salesforce, has a net worth of $10.1 billion. He worked at Oracle for 13 years before leaving to work on Salesforce full time. Over the years, Salesforce has grown significantly, with its market cap reaching over $250 billion in 2024. Despite facing some struggles in the tech industry, including job cuts, Benioff has managed to keep the company afloat and thriving.

Benioff, who was born and raised in San Francisco, started his career in tech at a young age. He founded Liberty Software at 15 and later interned at Apple under Steve Jobs. After graduating from the University of Southern California, he joined Oracle and quickly rose through the ranks. He left Oracle to start Salesforce, which revolutionized the tech industry by allowing people to access business software from a web browser. Benioff is also known for his philanthropy, having donated millions to various causes.

Key takeaways:

  • Marc Benioff is the CEO of Salesforce, a cloud-based software company, and has a net worth of $10.1 billion.
  • Benioff started his career at Oracle, where he worked for 13 years before leaving to work on Salesforce full time.
  • He and his wife Lynne are known for their philanthropy, having donated millions to various causes.
  • Despite the success of Salesforce, the company has faced challenges in recent years, including job cuts and the departure of co-CEOs.
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