The CEO of Salesforce’s Controversial Land Acquisitions in Hawaii
The CEO of Salesforce, billionaire Marc Benioff, has caused a stir in the world with his decision to acquire significant amounts of land in Hawaii. While many middle-class Americans struggle to purchase their own homes, Benioff and other billionaires are actively investing in land assets around the world.
Salesforce, a leading software company, specializes in customer relationship management systems (CRM) and is also known for its charitable initiatives.
According to NPR, Marc Benioff recently acquired «at least 38 parcels of land» in Hawaii through six anonymous companies and one non-profit organization. This vast land area is estimated at around $100 million and includes nearly 600 acres, mostly located on the Big Island, including part of the town of Waimea.
While some of the land was transferred for charitable purposes, other purchases remain a mystery. An NPR journalist attempted to get explanations from Marc Benioff, but he avoided direct questions about the purposes of his land investments.
Marc Benioff declined to provide detailed comments and explanations of the motivations behind his actions, mainly focusing on his charitable efforts and philosophy of altruism. Such activity sparks discussion about possible implications for the public and underscores the need for regulation and transparency in this sector.