Billionaire Profile
Marc Benioff
Global Rank
#484

Image: Salesforce. | CC BY-SA 2.0 | via Wikimedia Commons

Marc Benioff

CEO, Business software
UNITED STATES
Real-Time Net Worth
$7.707B
Estimated based on Business software stock value as of April 20, 2026
0% (24h)
Age
61
Source
Business software
Industry
Technology
Citizenship
UNITED STATES

Biography

Marc Benioff is an American internet entrepreneur, philanthropist, and author. As the co-founder, chairman, and CEO of Salesforce, a leading business software company, Benioff has amassed a significant net worth, currently estimated at $7.9 billion. His wealth stems from his pioneering work in the technology sector, specifically in cloud computing. Benioff's career includes 13 years at Oracle Corporation before founding Salesforce in 1999. He is also the owner of Time magazine. He is known for his '1-1-1' philanthropy model, donating 1% of Salesforce's equity, product, and employee time to charitable causes. Benioff is a recognized leader in the tech industry and a champion of corporate social responsibility.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Marc Russell Benioff was born on September 25, 1964, in San Francisco, California. Growing up in the Bay Area, he is of Jewish heritage. Benioff's early life was marked by entrepreneurial ventures, including developing and selling software and video games at a young age. He founded Liberty Software at 15 and created games for the Atari 8-bit. This early success helped fund his college education.

Rise to Success

Benioff's career began with an internship at Apple during his high school years. After graduating from the University of Southern California with a degree in business administration in 1986, he joined Oracle Corporation, where he quickly rose through the ranks, becoming the company's youngest vice president at age 26. In 1999, Benioff founded Salesforce in San Francisco, pioneering the Software-as-a-Service (SaaS) model. The company's mission was defined as "The End of Software." Salesforce went public in 2004 and has grown to become a dominant player in the cloud computing industry. Benioff became co-CEO of Salesforce in November 2021, and then returned to the role of sole CEO again in 2022.

Key Business Strategies

Salesforce's success is rooted in its cloud-based software delivery model, which transformed how businesses access and manage customer relationship management (CRM) systems. Benioff's vision and leadership have been crucial in the company's growth. Salesforce has expanded its offerings to include various cloud services, including sales, service, marketing, and analytics. The acquisition of Tableau in 2019 and Slack in 2021 further solidified its market position. Salesforce's revenue for the twelve months ending January 31, 2026, was $41.525 billion.

Philanthropy

Benioff is a committed philanthropist, incorporating charitable giving into the core of Salesforce's business model. Through the Salesforce Foundation, the company follows a "1-1-1" approach, donating 1% of employee time, 1% of its product, and 1% of its revenue to charitable causes. Benioff and his wife, Lynne, have donated millions to children's healthcare, education, and environmental conservation initiatives. They have supported the UCSF Benioff Children's Hospitals, the Benioff Ocean Initiative at the University of California at Santa Barbara, and other causes.

Career Milestones

1979

Founded Liberty Software

Created and sold video games for the Atari 8-bit computer.

1986

Joined Oracle Corporation

Worked in various sales, marketing, and product development roles, becoming the youngest vice president in the company's history.

1999

Founded Salesforce

Co-founded Salesforce, a cloud computing company, pioneering the SaaS model.

2018

Purchased Time Magazine

Acquired Time magazine.

2020

Named CNN Business CEO of the Year

Recognized as CNN Business CEO of 2020.

Philanthropy & Social Impact

Healthcare

UCSF Benioff Children's Hospitals

$250M+

Significant donations to build and support UCSF Benioff Children's Hospitals in San Francisco and Oakland.

Environmental Conservation

Benioff Ocean Initiative

$88M+

Donations to the Benioff Ocean Science Initiative at the University of California at Santa Barbara.

Environmental Conservation

1t.org

Financial backing

Supporting a global initiative to plant and conserve 1 trillion trees.

Business Philosophy & Leadership

Notable Quotes

"The business of business is improving the state of the world."

"No software."

Leadership Principles

Customer-Centric Design

Developing tools that enable seamless connections and enhance productivity.

Continuous Improvement

Fostering a mindset of agility, regularly revisiting Salesforce's offerings to meet evolving demands.

1-1-1 Philanthropic Model

Giving back to the community by donating 1% of employee time, 1% of its product, and 1% of its revenue to charitable causes.

Controversies & Challenges

2024

San Francisco Homelessness

Advocated for the use of the National Guard to address homelessness in San Francisco.

2024

Shareholder Compensation Plan

Salesforce investors voted against the company's compensation plan for top executives, after shareholder advisory groups raised concerns about equity awards granted to CEO Marc Benioff.