"Other than the amazing cuisine, the most important elements in any party are the guests and their energy, along with the hosts and the energy they create," said Joel Goodrich, who put the party together with his co-hosts and event planner J. Riccardo Benavides in three days after a last-minute change of venue. He ignored questions about how much he would invest in Time, whose resources and vision have dwindled over the decades, and whether people should again be worried about the merging of tech and traditional media. Trew Knowledge. 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. His purchase is the latest foray of tech wealth into the media world. Support the Santa Barbara Independent through a long-term or a single contribution. 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. With a gift of $10 million, the Benioffs in 2016createdthe Benioff Ocean Initiative at UC Santa Barbara an effort that has since grown into a globally respected model for using science to collaboratively solve the worlds most pressing ocean problems and replicate these successes. Next up? Mr. Benioff, who will turn 54 this month and whose net worth is estimated by Forbes at $6.7 billion, emphasized he was not going to get editorially involved in the magazine. Why didnt his obituaries say so? Tech mogul Marc Benioff blows shofar, buys Time magazine 101 Near La Cumbre, Santa Barbaras New State Street Hotel Opens, Ukrainian Philosopher Gryhoriy Skovorooda, An evening with Peter White and Richard Elliot, Dos Pueblos Jazz Festival Jazz in Paradise, Please note this login is to submit events or press releases. The purchase has enabled . network allows javascript and allows content to be delivered from v144.philanthropy.com and chronicle.blueconic.net. Prefieres buscar en. The gift builds on the Benioffs legacy of support to the campus to address ocean problems and advance science-based solutions and establishes the new Benioff Ocean Science Laboratory. Elizabeth D. Herman for The New York Times, purchasing Time magazine with his wife, Lynne, for $190 million, think critically about rapid advances in artificial intelligence, children experienced learning deficits during the Covid-19 pandemic, when students change their name, pronouns or gender expression at school. Marc and Lynne Benioff's $20 million gift to USC supports - USC News Marc Benioff and his wife Lynne Benioff has been married for years. 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. Lynne Benioff Photos and Premium High Res Pictures - Getty Images Shimmer, sparkle and shine are not words normally associated with Silicon Valley style, but that's exactly what we saw this week at an ultra-glam private dinner attended by 40 of the Bay Area's tech elite. But if Mr. Benioff was very charming, he was not very forthcoming. It represents a great contribution in support of the UN Decade of Ocean Science. Marc and Lynne Benioff, Salesforce Invests $300 Million on "What I find as a stylist to the tech elite is that if a wardrobe piece can stand on its own and is hard to come by, it becomes even better. If you continue to experience issues, contact us at 202-466-1032 or help@chronicle.com. Lynne Benioff, Marc Benioff, Nancy Pelosi and Paul Pelosi attend the Time 100 Gala 2019 at Jazz at Lincoln Center on April 23, 2019 in New York City. The Benioffs daughter was born at the hospital, and Ms. Benioff serves on the hospital foundations board. Powered by WordPress VIP. I have followed them since I started Salesforce. He noted Merediths corporate focus on volunteerism, something that is very important to me as well.. Jansen Panettiere, the younger brother of Nashville and Heroes actress Hayden Panettiere died on Sunday in New York City. Bachelor of Arts/Science, University of Southern California. Billionaire Salesforce founder Marc Benioff and his wife, Lynne Benioff, have purchased Time magazine for $190 million, the couple and magazine announced Sunday night. Please make sure your computer, VPN, or His grandfather helped build the Bay Area Rapid Transit system, and his father ran a chain of clothing stores in the city. Marc and Lynne Benioff, Salesforce Announce $300 Million in Investments As a result of his support for a variety of local school projects, Mr. Benioff has largely escaped the withering criticism that other tech billionaires, such as Bill Gates and Mark Zuckerberg, have faced for their school initiatives. Ahead of a big U.N. climate summit, Benioff and his wife Lynne say they are donating to the 1t.org tree planting project and investing in ecopreneurs working to reduce emissions. She and host Nikita Kahn both wore Marni, as did several guests, including tech insider Alexia Tsotsis, startup founder Komal Shah, and boutique owners Pia Cohler and Sherri McMullen. Did it ever! The Benioffs have paid $50-million toward their pledge and plan to pay the remaining $50-million over the next five years. At 17, Benioff developed and sold Atari video games, and earned enough to pay his way to USC. Mr. Benioff moved his Salesforce software company into a new San Francisco tower, center, in January. Marc and Lynne Benioff Give $60 Million to UC Santa Barbara in Support A wedding so secret the singer was blind - Gawker Lynne Benioff Bio, Age, Husband (Marc Benioff), Daughters - Pinoria The power of Time has always been in its unique storytelling of the people & issues that affect us all & connect us all, he tweeted. Streamline your workflow with our best-in-class digital asset management system. Marc Benioff - Forbes 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. Accede a lo mejor de Getty Images con nuestro sencillo plan de suscripcin. She writes about wealthy philanthropists, arts organizations, key trends and insights related to high-net-worth donors, and other topics. Mike Pence signing that awful anti-gay rights law in 2015 emerged out of genuine personal outrage and his sense of justice. Copyright 2023 Santa Barbara Independent, Inc. Reproduction of material from any Independent.com pages without written permission is strictly prohibited. Tap into Getty Images global-scale, data-driven insights and network of over 340,000creators to create content exclusively for your brand. Salesforce will also donate $100 million over a decade toward climate justice. The Benioff Ocean Science Laboratory is excited to dedicate the fullpower of UC Santa Barbara science to the urgent fight against climate change. Information related to his family life, including his pre-marital and post-marital happenings have been very less publicized. Not only does the ocean depend on winning the climate battle we all do.. 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.. 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. Feds arrest Michigan man who plotted to kill Jewish elected officials in the state, American citizen killed in latest West Bank shooting amid escalating violence. 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. A San Francisco Tech Mogul Buys a Fabled Slice of New York Media Such discretion! Tap into Getty Images' global scale, data-driven insights, and network of more than 340,000 creators to create content exclusively for your brand. Salesforce CEO Marc Benioff and his wife, Lynne . He said he did not have a few moments to be interviewed by phone because he was on crazy Dreamforce lockdown, a reference to the annual Salesforce convention, which begins next week. Marc and Lynne Benioff Announced as New Owners of TIME | Time I applaud the Benioffs gift to UC Santa Barbara, said Ambassador Peter Thomson, the UNs Special Envoy for the Ocean. (Photo by Trisha Leeper/Getty Images) There Mr. Benioff was schooled in sales and strategy by one of Silicon Valleys most brash leaders, Larry Ellison. The most likely cause of this is a content blocker on your computer or network. Sign up for Indy Today to receive fresh news from Independent.com, in your inbox, every morning. Lynne Benioff - ONE The longtime summit of East Coast journalism has now, after a stop with temporary owners in Des Moines, been acquired by a Westerner. Guests did indeed include Silicon Valley notables, and local officials such as Governor Linda Lingle of Hawaii, a recipient of campaign funding from Krilich. Douglas McCauley | Credit: UCSB A 200-year-old carving of the war god Ku has returned home to Hawaii after spending untold years abroad and in the hands of private collectors. Whale Safe was piloted in the Santa Barbara Channel. The days of sloppy, boring, ill-fitting clothes in Silicon Valley are over, at least among this crowd. 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. It was the first event Nikita hosted in San Francisco following the recent launch of her new site, .css-gegin5{-webkit-text-decoration:underline;text-decoration:underline;text-decoration-thickness:0.0625rem;text-decoration-color:inherit;text-underline-offset:0.25rem;color:#9a0500;-webkit-transition:all 0.3s ease-in-out;transition:all 0.3s ease-in-out;}.css-gegin5:hover{color:#595959;text-decoration-color:border-link-body-hover;}NKHerLifestyle. In early 2000 right as Salesforce was starting up the internet pioneer AOL bought Time Warner for $165 billion. If you continue to experience issues, contact us at 202-466-1032 or help@chronicle.com. 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. He repeatedly said Meredith, the Iowa media company that was selling him Time, would be a partner. 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 . While they will not be operators of the business, we are extremely fortunate to have Marc and Lynne's . Boards are the best place to save images and video clips. Lynne Benioff is a philanthropist, active on the boards of several organizations. "As almost everyone knows . 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; Samantha Bechtel, whose recent wedding party with husband Darren Bechtel at the Legion of Honor is still the talk of the town; Pia Cohler, wife of financier Matt Cohler and founder of the chic new boutique, Pia, The Store, in Jackson Square; and artist Ana Saygi. An Update for Readers on Our New Nonprofit Status. It will be interesting to see if his education investments have more staying power.. Marc Benioff - Wikipedia Through his work as the former Mayor of New Orleans and in his current role, Mr. Morial has seen the important role small businesses play in their communities. network allows javascript and allows content to be delivered from v144.philanthropy.com and chronicle.blueconic.net. Lynne Benioff | ONE 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. Mr. Benioff after giving a speech at a Salesforce Foundation event. Collect, curate and comment on your files. The laboratory is in the planning stage for a $10 million challenge to contribute to global efforts to stop the advance of climate change. Lynne Benioff, 43, was a publicist during the dot-com boom. Im proud of all that our team has been able to achieve thus far at UC Santa Barbara. Search instead in. Lynne Benioff and Honoree CEO, Sales Force Marc Benioff attend the GLAAD Gala San Francisco 2016 at Metreon on September 8, 2016 in San Francisco,. Oakland has used the Salesforce funds in part to bolster computer science education. The formal launch of this new climate project, and more details on the effort, will be released next year. Billionaire Marc Benioff, 57, and his wife Lynne have pledged $200 million to plant trees and encourage environmentally conscious companies. Streaming service Peacock has announced a second season renewal for murder mystery-themed drama Poker Face. Once javascript and access to those URLs are allowed, please refresh this page. Organize, control, distribute and measure all of your digital content. Fashion (courtesy of Marni), fascinating guests, and lots of gold! The Benioff Oceans team todayannouncedthe launch of an expansion system off the coast of San Francisco to help reduce whale deaths in the Bay Area. Resides in San Francisco, CA Metropolitan Area. Now a member. Lynne Benioff is Elected Chair and Mark Buell is Elected - Presidio 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. Ms. Before Salesforce, he spent 13 years at database software giant Oracle as a protege of Larry Ellison. An Update for Readers on Our New Nonprofit Status. Oscar winner Robert De Niro is heading to Netflix in his first TV series as the star and executive producer of the conspiracy thriller Zero Day. Hes forceful, flamboyant and quotable, a fourth-generation San Franciscan who has poured hundreds of millions of dollars into his city. Lynne is married to Marc Benioff. Time magazine purchased by Marc Benioff and wife, Lynne The building will be renamed for the Benioffs, to honor their commitment to ocean science. Mr. Benioff, who is 6-foot-5 and 290 pounds, is as hard to miss as his tower. View more profiles of donors who gave the most in 2010. 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. Search instead in. 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. The deal is techs second try at Time, the premier American newsmagazine for much of the 20th century. Marc founded the company in 1999, the company was recognized as the Most Innovative Company by Forbes, a Best Place to Work by Fortune, and the 10th Most Admired Company in the World by Fortune. Marc Benioff pays $7M to return rare Hawaiian war god relic to the islands