Lynne Benioff is the co-chair of TIME and active on the boards of several organizations. Lynne Benioff - ONE Lynne Benioff Bio, Age, Husband (Marc Benioff), Daughters - Pinoria The laboratory is in the planning stage for a $10 million challenge to contribute to global efforts to stop the advance of climate change. Teams in Ecuador, Jamaica, Kenya, Mexico, Panama, Thailand, Vietnam and Indonesia have developed technologies to intercept more than 2 million pounds of plastic waste and divert the majority of it to be repurposed or recycled. A San Francisco Tech Mogul Buys a Fabled Slice of New York Media No. 14: Marc and Lynne Benioff - philanthropy.com Donald Trumps real net worth? Much of that work will surely take place in what today is known as the Marine Biotechnology Lab Building, which for decades has served as an epicenter for marine research at UC Santa Barbara, and hosted researchers and students from across campus. Mr. Benioff, who has said he had an incredible feeling of unfulfillment at Oracle, was equally determined to make his own company more than a vehicle for making money. It will have no connection to Salesforce, the software company Marc founded in 1999. An Update for Readers on Our New Nonprofit Status. "Every child should be able to get an education, no matter where he or she lives," said Nikita Kahn, as she spoke about her support of the Reach To Teach Foundation, an educational charity based in India that provides for the needs of rural, disadvantaged children. SAN FRANCISCO, CA - SEPTEMBER 08: Lynne Benioff and Marc Benioff attend GLAAD Gala San Francisco 2016 on September 8, 2016 in San Francisco, California. Benioff, who founded SalesForce in 1999, is outspokenly liberal, but has said he will not get involved in the magazines editorial operations. Benioff was named "Innovator of the Decade" by Forbes and is recognized as one of the World's 25 Greatest . It will be interesting to see if his education investments have more staying power.. Marc Benioff and his wife Lynne Benioff has been married for years. Among the many notables were Lynne Benioff, who with husband Marc Benioff just donated $20 million toward construction of the Lawrence J. Ellison Institute for Transformative Medicine of USC;. SAN FRANCISCO Marc Benioff is like the Salesforce Tower: He looms over this city. Healing Our Ocean | The UCSB Current Once javascript and access to those URLs are allowed, please refresh this page. But it turned into a tremendous branding positive for Salesforce.. But if Mr. Benioff was very charming, he was not very forthcoming. San Francisco October 28, 2021 Marc and Lynne Benioff today announced $200 million in new climate investments toward reforestation and restoration effortsestablishing the first-of-its-kind $100 million Benioff TIME Tree Fund and committing $100 million in investments from TIME Ventures, the Benioffs' investment fund. Salesforce chief Marc Benioff, wife Lynne to buy Time magazine Douglas McCauley | Credit: UCSB Richard Belzer was a Jewish comedian. It is impossible to imagine Mr. Zuckerberg, for example, behaving like this with a journalist. (JTA) Tech executive Marc Benioff began a week in which he and his wife Lynne announced plans to buy Time magazine by blowing the shofar at his San Francisco synagogue. 2023 Getty Images. Billionaire Marc Benioff, 57, and his wife Lynne have pledged $200 million to plant trees and encourage environmentally conscious companies. 2023 jewish telegraphic agency all rights reserved. I didnt realize two weeks ago I was going to buy Time, he said in an interview late Sunday, a few hours after the deal was announced. The Getty Images design is a trademark of Getty Images. Mr. Benioff, though he calls Mr. Ellison his mentor, broke from Oracles practices in significant ways when he started Salesforce. Lynne Benioff Photos and Premium High Res Pictures - Getty Images The brand's bold and bright shaped silhouettes filled the room. Mr. Benioff after giving a speech at a Salesforce Foundation event. We greatly appreciate Marc and Lynnes unwavering dedication to environmental conservation, and we are honored by their partnership with UC Santa Barbara on the Benioff Ocean Initiative and the Benioff Ocean Science Laboratory, Yang continued. A wedding so secret the singer was blind - Gawker A year since Salesforce billionaire Marc Benioff and his wife Lynne bought Time, they've started to make subtle marks on the iconic publication. Netflix Announces Robert De Niro Limited Series Zero Day, Netflix Orders Kristen Bell Comedy Series, Entrepreneurship Is Core To Civil Rights: A Conversation With National Urban League President And CEO Marc H. Morial, Jansen Panettiere, Brother Of Hayden Panettiere, Dies At 28, Barbara Bosson, Hill Street Blues Actress, Dies At 83, Richard Belzer Dead: The Actor And Comedian Was 78, Florida Amends NIL Law As NCAA Cartel Continues To Fall, Raquel Welch Dead: Actress And Silver Screen Siren Was 82, Marc-Andre Ter Stegen Wants Frenkie De Jong At FC Barcelona Forever, Praises Aggresive Gavi, Marc Maron Pulls Back Curtain On Masterful New HBO Special, Marc Forster Reveals How To Make Tom Hanks A Believable Grump In A Man Called Otto, Eric Schmidt And Marc Benioff Are Backing A New Company That Aims To Protect Businesses Against Quantum Cyberattacks, Salesforce Billionaire Marc Benioff Pledges $200 Million For Reforestation, Climate Entrepreneurs, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. There Mr. Benioff was schooled in sales and strategy by one of Silicon Valleys most brash leaders, Larry Ellison. Mr. Benioff, 46, and his wife, Lynne, pledged $100-million to the University of California at San Francisco Childrens Hospital for a new building, to be named for the couple. Marc Benioff, Salesforce CEO, donates $30 million to University of Even Mr. Benioff did not suspect this was coming. SAN FRANCISCO, Oct. 28, 2021 /PRNewswire/ -- Marc and Lynne Benioff today announced $200 million in new climate investments toward reforestation and restoration effortsestablishing the. After the successful delivery of her child, she got more involved. We have deep respect for their organization & honored to be stewards of this iconic brand. Benioff spoke out against laws permitting discrimination against LGBT people in North Carolina, Georgia and Indiana. A semiautonomous interceptor known as a trash wheel has just been launched in Panama a milestone in the global fight against plastic pollution. This transformative gift will build on the existing success of the Benioff Ocean Science Laboratory team, support cutting-edge research and technological advances that will help us both better understand our marine environments, and apply actionable solutions to the problems they face, said Pierre Wiltzius, Susan and Bruce Worster Dean of Science at UC Santa Barbara. Guests did indeed. #143 Marc Benioff on the 2022 Forbes 400 - Salesforce CEO Marc Benioff owns about 4% of the cloud computing software firm he cofounded in 1999. . Tech mogul Marc Benioff blows shofar, buys Time magazine 2023 Forbes Media LLC. Lynne Benioff and Sonia Guajajara attend the 2022 TIME100 Gala on June 08, 2022 in New York City. This week he stepped out onto a broader stage, purchasing Time magazine with his wife, Lynne, for $190 million. In recognition of their legacy commitment and in their honor the building also will be renamed Benioff Ocean Science Laboratory. "Without Larry Ellison and the Foundation's support we would not have been able to achieve our mission and provide thousands of children with an education they would not otherwise receive," according to a statement by Reach To Teach. The formal launch of this new climate project, and more details on the effort, will be released next year. Belzer retired from acting in 2016 at the age of 71. These facilities will be modernized and vastly improved thanks to the Benioffs, whose gift marks an unprecedented investment in the future of ocean science at UC Santa Barbara. She declined to be interviewed. Around the world, our ocean and the millions of species that inhabit it, as well as the billions of people who depend upon a healthy ocean, are in danger. The power of Time has always been in its unique storytelling of the people & issues that affect us all & connect us all, he tweeted. network allows javascript and allows content to be delivered from v144.philanthropy.com and chronicle.blueconic.net. She is a distinguished director of the board of Overseers of the University of California San Francisco Foundation, and serves on the board of directors of The Rise Fund, UCSF Benioff Children's Hospitals, Common Sense Media, the Benioff Ocean Initiative, and Forward. A treasure trove of our history & culture. "It encompasses, on a fashion level, all the tech industry stands for and hopes to achieve professionallythe bolder, the better.". Benioff is a second cousin of showrunner and television writer David Benioff, known for Game of Thrones. Lynne Benioff is an independent marketing consultant and philanthropist. Marc Benioff in 2016. Agiliza tu flujo de trabajo con nuestro sistema de gestin de archivos digitales de primera clase. Now a member. The Ellison Medical Foundation has been helping to fund the charity since 2008. It has also hired additional math teachers, reducing the average class size across eighth-grade math to 24 students from 33. If you believe an Independent.com user or any material appearing on Independent.com is copyrighted material used without proper permission, please click here. Organize, control, distribute and measure all of your digital content. Benioff and his wife Lynne have pledged $350 . We are unable to fully display the content of this page. Use this page here to login for your Independent subscription. Billionaire Salesforce founder Marc Benioff and his wife, Lynne Benioff, have purchased Time magazine for $190 million, the couple and magazine announced Sunday night. Lynne Benioff is Elected Chair and Mark Buell is Elected - Presidio Salesforce CEO Marc Benioff owns about 4% of the cloud computing software firm he cofounded in 1999. Before Salesforce, he spent 13 years at database software giant Oracle as a protege of Larry Ellison. Meredith will provide the Benioffs with services such as consumer marketing, subscription fulfillment, paper purchasing and printing. The building will be renamed for the Benioffs, to honor their commitment to ocean science. The Getty Images design is a trademark of Getty Images. The laboratory builds on the achievements of the Benioff Ocean Initiative, whose groundbreaking research under the direction of Professor Douglas McCauley has expanded our knowledge and understanding of marine ecosystems and promoted innovative solutions to the concerns facing our worlds oceans. While they will not be operators of the business, we are extremely fortunate to have Marc and Lynne's . The Benioffs daughter was born at the hospital, and Ms. Benioff serves on the hospital foundations board. Did it ever! Once javascript and access to those URLs are allowed, please refresh this page. Recopila, organiza y comenta tus archivos. Search instead in. The 50-year-old Mr. Benioff and his wife, Lynne, gave most of their charitable dollars to the University of California at San Francisco Benioff Childrens Hospital. She serves on the board of several organizations and was a co-founder in 2011 of a short-term residential community for homeless. Now with the acquisition of Time, he joins a list of tech moguls who own iconic media companies. In early 2000 right as Salesforce was starting up the internet pioneer AOL bought Time Warner for $165 billion. The couple also pledged $50-million to the hospitals to fight the biological, behavioral, and social factors related to premature births as well as $3.5-million to support a program to teach new parents the importance of talking regularly to their infants and toddlers. They donated three gifts to that institution in 2014. Please make sure your computer, VPN, or Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to email a link to a friend (Opens in new window), https://www.independent.com/2022/09/21/marc-and-lynne-benioff-give-60-million-to-uc-santa-barbara-in-support-of-ocean-research/, California Bill Aims to Expand Protecting Blue Whales and Blue Skies Program Statewide, Asphalt Volcanoes Under the Santa Barbara Channel. Marc and Lynne Benioff, Salesforce Announce $300 Million in Investments Chris Hughes, a co-founder of Facebook, bought The New Republic, a political magazine, in 2012 and sold it several years later. Collect, curate and comment on your files. Stevie Wonder performed at the couples wedding, as well as at a fund-raiser that Mr. Benioff hosted for President Barack Obama. The days of sloppy, boring, ill-fitting clothes in Silicon Valley are over, at least among this crowd. The longtime summit of East Coast journalism has now, after a stop with temporary owners in Des Moines, been acquired by a Westerner. Time Magazine Being Sold to Salesforce CEO Marc Benioff, Wife Marc Benioff - Forbes Board and Executive Team | Presidio - San Francisco, CA The new donation is the largest ever for ocean science at UC Santa Barbara and one of the largest known gifts anywhere to support ocean research. Lynne Benioff is a philanthropist, active on the boards of several organizations. Im proud of all that our team has been able to achieve thus far at UC Santa Barbara. Marc & Lynne Benioff - Points of Light Other billionaires tend to hop around different places, leaving half-completed reforms in their wake, said Sarah Reckhow, an associate professor of political science at Michigan State University who studies philanthropy. or subscribe. During the interview Sunday night, Mr. Benioff sent cartoons; links to Time stories on YouTube; chunks of what sounded like news releases but were, he insisted, original (Time is the best fit for us, and most reflects our values and interests); discussions of his and his interviewers Judaism; and quite a bit more. I applaud the Benioffs gift to UC Santa Barbara, said Ambassador Peter Thomson, the UNs Special Envoy for the Ocean. It was a risky bet, because the web could be unreliable. 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Reproduction of material from any Independent.com pages without written permission is strictly prohibited. Marc and Lynne Benioff's $20 million gift to USC supports - USC News The deal is techs second try at Time, the premier American newsmagazine for much of the 20th century. (Kimberly White/Getty Images for GLAAD) ( JTA) Tech executive Marc Benioff began a week in which he and his wife Lynne announced plans to buy Time magazine by blowing the . Marc and Lynne Benioff, Salesforce Announce $300 Million in Investments Lynne and I are so thankful we are able to support the incredible marine science community at UC Santa Barbara and the collaborations theyve forged with ocean scientists internationally to develop the innovative solutions needed to help bring our oceans and planet back to health.. With the extraordinary vision and generosity of the Benioffs, UC Santa Barbara has strengthened its status as one of the leading marine research institutions on the west coast.. Whale Safe was piloted in the Santa Barbara Channel. Through Salesforce.org, his companys nonprofit arm, Mr. Benioff has pledged $100 million over a decade to improve educational resources for Bay Area schools. The Benioffs have paid $50-million toward their pledge and plan to pay the remaining $50-million over the next five years. Lynne Benioff, 36, was already a volunteer with the UCSF Foundation, the school's fundraising and investing arm. Largest Ever Donation for Ocean Science at the University. Marc and Lynne Benioff Announced as New Owners of TIME | Time Marc And Lynne Benioff Photos and Premium High Res Pictures - Getty Images Benioff sounded the rams horn during Rosh Hashanah services at Congregation Emanu-El, a 168-year-old Reform temple. Wonderful food, fascinating guests, chic clothes, stunning decor, and a mission to do good in the world those are the ingredients of a great dinner anywhere. or subscribe. This story was originally posted by UCSBs The Current. Marc and Lynne Benioff, Salesforce Invests $300 Million on Aprovecha la escala global, la informacin basada en datos y la red de ms de 340.000 creadores de Getty Images para crear contenido exclusivamente para tu marca. Lynne Benioff and Marc Benioff attend the 2022 Time 100 Gala at Frederick P. Rose Hall, Jazz at Lincoln Center on June 08, 2022 in New York City. Mary Gonsalves Kinney, Joel Goodrich and Nikita KahnHosts Kinney and Kahn in Marni. Marc Benioff is a guy who wants whatever he touches to succeed, said Phil Bronstein, a longtime Bay Area newsman. This strategy reduced technical expenses and headaches for customers, while allowing Salesforce to make initial sales to small groups of employees at companies that would expand over time. Mike Pence signing that awful anti-gay rights law in 2015 emerged out of genuine personal outrage and his sense of justice. Tap into Getty Images' global scale, data-driven insights, and network of more than 340,000 creators to create content exclusively for your brand. Buried in the Journal's statement, published on Valleywag this morning, is a nugget: that Marc Benioff tried to dodge the newspaper's investigation out of concern for personal safety, not just his own, but his then-fiancee's. lynne benioff wedding. Even Mr. Ellison, who once derided the term, was an early investor in Salesforce and has turned Oracle into a major supplier of cloud-based offerings. But none of that made its way into the press, and they hired a legendarily blind singer to provide the entertainment, according to local gossip boards. Benioff and his wife Lynne have pledged $350 million to University of California, San Francisco, for its children's hospitals and research. Hearst Magazine Media, Inc. All Rights Reserved. His grandfather helped build the Bay Area Rapid Transit system, and his father ran a chain of clothing stores in the city. Salesforce will also donate $100 million over a decade toward climate justice. UCSF will receive $25 million to launch the UCSF Benioff Center for Microbiome Medicine, which will be led by Susan Lynch, PhD, a professor of medicine at UCSF, founding director of the UCSF Microbiome Research Core and associate director of the UCSF Microbiome in Inflammatory Bowel Disease Research Program. Mr. Benioff, 46, and his wife, Lynne, pledged $100-million to the University of California at San Francisco Children's Hospital for a new building, to be named for the couple. This is How Silicon Valley Does a Fancy Dinner - Town & Country "He said he'd like something that glittered," said Riccardo. As a subscriber, you have 10 gift articles to give each month. Haz crecer tu marca de forma autntica compartiendo el contenido de la marca con los creadores de internet. Organise, control, distribute, and measure all of your digital content. She is a Distinguished Director of the Board of Overseers of the University of California San Francisco Foundation, and serves on the board of directors of The Rise Fund, UCSF Benioff Children's Hospitals, and the . My power, he said, was that I didnt really want to do anything but I was open to all possibilities., A San Francisco Tech Mogul Buys a Fabled Slice of New York Media, https://www.nytimes.com/2018/09/17/technology/time-marc-benioff.html. Hes forceful, flamboyant and quotable, a fourth-generation San Franciscan who has poured hundreds of millions of dollars into his city. Benioff, 54, is the CEO of SalesForce, a cloud computing company with a popular customer relationship management system, or CRM. Collect, curate and comment on your files. A portion of proceeds from the day's sales at the Marni boutique earlier in the day, which are said to have been sizable, are being donated to the organization. Access the best of Getty Images with our simple subscription plan. Powered by WordPress VIP. If you continue to experience issues, contact us at 202-466-1032 or help@chronicle.com. Driven to improve and safeguard the health of our oceans through science and technology, Marc and Lynne Benioff have made a gift of $60 million to UC Santa Barbara, one of the worlds most important marine research centers. Scientists based there have contributed to major discoveries, including advances in materials science inspired by abalone, squid and other marine species; leading research on how carbon and silicon cycle in the ocean; the innovation of new plastics that will degrade in the sea; and promising new methods for sucking more CO2 from the air and storing it in the ocean to slow climate change. Access the best of Getty Images with our simple subscription plan. As President of the National Urban League, Marc H. Morial leads these efforts. Maria directs the annual Philanthropy 50, a comprehensive report on Americas most generous donors. Streamline your workflow with our best-in-class digital asset management system. But the Benioffs have multiple homes in San Francisco and a residential compound on the Big Island of Hawaii, and he has hosted private concerts by his favorite musical artists. He said they decided to attach their name to this gift to encourage other entrepreneurs to donate large amounts to causes important to them. In 2011, she co-founded Star Community Home, a short-term residential community for homeless families in San Francisco. At 17, Benioff developed and sold Atari video games, and earned enough to pay his way to USC. Millions of high-quality images, video, and music options are waiting for you. (Kimberly White/Getty Images for GLAAD). Mr. Benioff is not as dramatic in his display of wealth as Mr. Ellison, who is a collector of costly cars, homes and yachts and a winner of the Americas Cup sailing race. The interview was classic Benioff. Word is that Lynne Krilich, who married the publicity-mongering web billionaire on the Big Island of Hawaii on June 10th, didn't want their wedding to be a big public affair. She serves on the board of several organizations and was a co-founder in 2011 of a short-term residential community for homeless families in San Francisco. Please make sure your computer, VPN, or Sandbox AQ, which is also backed by T.Rowe Price, Breyer Capital and Guggenheim Partners, is launching with funding thats well into the nine figures, according to its CEO. It is a testament to the faith and confidence they have in our campus.. The bulk of this transformative philanthropy, $50 million, will go toward expanding the important work of the Benioff Ocean Science Laboratory (formerly the Benioff Ocean Initiative).