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Salesforce’s Benioff is way richer than you…

There may be people in Silicon Valley who are underpaid. But Marc Benioff, Salesforce.com’ chief executive, chairman, founder and all around social consciousness raiser, isn’t one of them.

Okay, technically Benioff isn’t in the Valley, he’s in San Francisco. But, whatever. His shadow looms large enough for us to consider him part of the extended family. He cut his teeth at Oracle. And then made a big splash when Salesforce.com (ticker:CRM) went public in June 2004.

Since then, Benioff has sold 11,133,200 shares of Salesforce.com stock to collect $377,017,139. And according to a string of Form 4s filed recently, that figure includes another 210,000 shares he’s sold so far this month, to rake in another $8.9 million.

And lest you think he’s nearing the end, Benioff still holds 15,961,006 shares, worth about $637,003,749.46 as of mid-day Wednesday day with the stock trading at $39.91 per share. The stock is up about 17 percent from one year ago.

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1 Response to “Salesforce’s Benioff is way richer than you…”

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  1. Marc Benioff: After selling off $8.9 million worth of shares …  »TechAddress:

    [...] After selling off $8.9 million worth of shares this month, Salesforce.com CEO Marc Benioff retains a mere $637 million worth of holdings in his company. Did we mention that he is much, much richer than you are? [Docu-Drama] [...]

    --August 22, 2007 @ 6:28 pm

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