Finance
An auction to have lunch with Salesforce CEO Marc Benioff to launch in early May
A lunch with Salesforce CEO Marc Benioff will hit the virtual auction block in early May as a San Francisco-based nonprofit looks to raise funds.
Glide will field bids for the “Power of One Charity Lunch Auction” with Benioff from May 5-10, according to a Tuesday press release put out by eBay on the nonprofit’s behalf. It is working with online marketplace eBay to conduct the auction like it has for many years.
“I’m humbled to continue my friend @WarrenBuffett’s legacy w/ the Power of One Charity Lunch,” the billionaire Salesforce CEO said on X. “Thank you to @GLIDEsf for their great work to support our amazing city of SF. And I’ll always be grateful for the passion of Susie Buffett and leadership of Warren & Reverend Cecil Williams.”
Ebay and the nonprofit have set bidding at $25,000 to start. Whoever winds up winning will get a “memorable lunch for eight” with Benioff, the press release said.
SALESFORCE’S CEO MARC BENIOFF SENDS HAWAII HOSPITALS A $150M GIFT
Glide had collaborated with Warren Buffett, the longtime CEO of Berkshire Hathaway and a billionaire investor, on the auctions for over two decades. The origins of the lunch trace back to his late wife, Susie.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
BRK.B | BERKSHIRE HATHAWAY INC. | 409.04 | -5.83 | -1.41% |
BRK.A | BERKSHIRE HATHAWAY INC. | 618,709.99 | -8,190.01 | -1.31% |
CRM | SALESFORCE INC. | 299.57 | -2.84 | -0.94% |
The over two decades of lunches with Buffett helped the non-profit bring in $53 million worth of funds for its “transformative programs and services that lift people out of poverty, hunger, and homelessness, and advance equity through systems change,” the press release said.
The total includes the “record-breaking” $19 million from 2022’s lunch auction. That year marked the last one Buffett planned to do, as FOX Business reported at the time.
Buffett, who turned 93 in late August, said the lunch “is in the right hands” with Benioff.
“He is going to do a wonderful job improving on what I did over the years,” the “Oracle of Omaha” said. “With Marc’s enthusiasm and commitment, along with GLIDE’s leadership and volunteers, GLIDE will be able to continue providing its vital services for San Francisco.”
Both have been active when it comes to philanthropy-related efforts over the years.
WARREN BUFFETT DONATES THANKSGIVING MILLIONS, PRAISES USA
Buffett has disbursed tens of billions in charitable contributions to the Bill & Melinda Gates Foundation and a few nonprofits linked to Buffett’s family over the years.
Meanwhile, Benioff has made donations for various causes of the years, including the environment, homelessness and health care.
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