Benioff

Photo: Stefan Wermuth/Bloomberg (Getty Images)Last week, it was revealed that Salesforce CEO Marc Benioff had been buying up lots of land in Hawaii at an accelerating clip. Benioff, who is worth billions and billions of dollars, has procured approximately $100 million in land parcels throughout the Big Island via a series of nondescript LLCs. He’s been quite cagey about what most of this land is for and was more than a little bit hostile with the NPR journalist who broke the story about it. Now, in what really seems like…

While normal, middle-class Americans struggle to buy starter homes or even just afford rent, American billionaires are busy buying up huge tracts of land all over the world for nebulous reasons. Case in point: Salesforce CEO Marc Benioff, who is estimated to be worth over $10 billion, is said to be buying up huge chunks of land in Hawaii. Why? Nobody knows and Benioff won’t say why.Prepping the Sandworm Scenes in Dune: Part TwoNPR was the first to report that the billionaire had recently bought “at least 38 parcels of…

2023 in Review: Another year, another endless news cycle driven by the world's top corporate executives, with moments ranging from cringe-worthy to downright bizarre. While some CEOs seemed to relish the spotlight, Elon Musk chief among them, others were inadvertently thrust into social media's harsh glare. Elon Musk, Sam Altman to Marc Benioff, here are some of the most high-profile management misadventures:The Muskiest momentOf all the jaw-dropping Musk moments this year, the pinnacle came on stage at the New York…

Salesforce founder and CEO Marc Benioff has become something of a vanishing breed during the nearly quarter century he has been running the company that pioneered the concept of selling software as an online subscription. While Benioff remains in charge at Salesforce, other billionaire founder/CEOs such Amazon's Jeff Bezos, Google's Larry Page and Netflix's Reed Hastings have all stepped away from groundbreaking companies born during the 1990s.Benioff, 58, isn't ready to leave Salesforce yet, even though he has amassed…

Activist investor Elliott Management Corp has made a multi-billion dollar investment in cloud-based software firm Salesforce Inc, according to people familiar with the matter. It is unclear what Elliott, one of the world's most prominent activist investors, is pushing for at Salesforce. "We look forward to working constructively with Salesforce to realize the value befitting a company of its stature," Jesse Cohn, managing partner at Elliott told Reuters. Cohn, who has served on the boards of several technology companies…

Salesforce is laying off about 10 percent of its workforce in the latest round of job cuts in the tech industry as corporations cut back on software and other spending. The San Francisco cloud computing software company will also be closing some offices, according to a regulatory filing Wednesday. "The environment remains challenging and our customers are taking a more measured approach to their purchasing decisions," said CEO Marc Benioff in a letter to employees. "With this in mind, we've made the very difficult…

Tensions had been growing between Salesforce Inc.’s CRM -2.09% co-Chief Executives Marc Benioff and Bret Taylor over their responsibilities and how the business was run for months before the business-software provider said last week that Mr. Taylor would exit the role, people familiar with the executives said.Mr. Benioff, who is also co-founder, became frustrated about how Mr. Taylor was spending his time, the…