Marc Benioff and Time Magazine Ownership
Marc Benioff is the chairman and co-owner of Time Inc., the publisher of Time Magazine. In 2018, he and his wife Lynne Benioff acquired Time Magazine from Meredith Corporation for 190 million dollars. The deal included the magazine brand and its digital properties but excluded other Meredith publications. Benioff remains the primary steward of Time Magazine as of 2025.
Time Magazine operates as a global media brand covering politics, business, technology, and health. Under Benioff, the publication continues its long-running focus on influential leaders and world events. The magazine maintains a weekly print schedule and a large digital audience across platforms. Time Magazine remains one of the most recognized news brands in the United States.
Marc Benioff Business Career and Salesforce
Marc Benioff co-founded Salesforce in 1999 and serves as its executive chairman. Salesforce is a cloud computing company with annual revenue exceeding 31 billion dollars in fiscal year 2024. The company is headquartered in San Francisco and employs more than 70,000 people worldwide. Benioff is widely credited with pioneering the software-as-a-service business model.
Salesforce has grown through acquisitions and product expansion into customer relationship management and artificial intelligence. Benioff is a frequent speaker at technology conferences and economic forums. He has been ranked among the most influential business leaders by multiple outlets. His leadership at Salesforce remains a central part of his public profile.
Marc Benioff Philanthropy and Public Roles
Marc Benioff and his wife founded the Benioff Ocean Initiative and the Benioff Homelessness and Housing Initiative. They have donated hundreds of millions of dollars to public health, education, and environmental causes. Benioff serves on multiple boards and advises global organizations on technology and sustainability. His philanthropy focuses on scalable solutions for major societal challenges.
Benioff has also been involved in public policy discussions on technology regulation and climate change. He has written opinion pieces and participated in forums at the World Economic Forum. His activities outside Salesforce and Time Magazine reflect a focus on long-term global issues. Public records show continued growth in his philanthropic commitments through 2025.