Home Health Billionaire Marc Benioff Gives $150 Million to Hawaii Hospitals After Buying Land

Billionaire Marc Benioff Gives $150 Million to Hawaii Hospitals After Buying Land

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Billionaire Marc Benioff Gives $150 Million to Hawaii Hospitals After Buying Land

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(Bloomberg) — Salesforce Inc. Chief Executive Officer Marc Benioff donated $150 million to 2 Hawaii hospitals, among the many billionaire’s largest charitable presents.

Hawai’i Pacific Health on Oahu will obtain $100 million and Hilo Medical Center on the Big Island will obtain $50 million, matching a earlier $50 million from the state. The donations had been made in partnership with the University of California, San Francisco, and collectively make up the most important present within the state’s historical past, in line with a press release from UCSF. The Wall Street Journal reported the present earlier.

Benioff, 59, made a $50 million dedication to UCSF’s pediatric hospital, now known as the Benioff Children’s Hospital, in 2014. For his presents in Hawaii, the amenities will probably be renamed the Hilo Benioff Medical Center and the Straub Benioff Medical Center, in line with the assertion. Representatives for Benioff didn’t instantly reply to a request for remark.

The present comes because the billionaire has been shopping for up massive tracts of land on the Big Island, elevating issues from Hawaiians about how his rising presence will have an effect on property costs and native tradition. Benioff is value $10.9 billion, in line with the Bloomberg Billionaires Index.

He and his spouse have given away nearly three-quarters of the land they’ve bought in Hawaii during the last 25 years and over 90% of what they’ve bought since 2020, a spokesperson for the couple mentioned in a press release.

Benioff isn’t the one tech founder who’s made the Aloha State his house in recent times. Oracle Corp.’s Larry Ellison owns 98% of the island of Lanai, whereas Meta Platform Inc.’s Mark Zuckerberg owns swaths of Kauai and Amazon.com Inc.’s Jeff Bezos has property on Maui.

Benioff isn’t the one billionaire to make large donations in Hawaii, both. After Maui’s devastating wildfires in August, Bezos promised $100 million to assist the island’s restoration, but it surely’s unclear the place the cash spent to this point has gone. Zuckerberg and his spouse Priscilla Chan have additionally donated tens of millions to Kauai charities over the previous half decade.

(Updates with Benioff spokesperson remark in fifth paragraph)

More tales like this can be found on bloomberg.com

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