Marc Benioff's Charity Auction Raises $1.5 Million for Homeless Services
The inaugural auction without Warren Buffett sees a significant donation to Glide Foundation despite lower initial bids.
- The weeklong eBay auction concluded with a $200,100 winning bid, supplemented by an additional $1.3 million donation.
- Proceeds from the auction will support Glide's comprehensive services for the homeless in San Francisco.
- This marks the first year Salesforce CEO Marc Benioff headlined the charity event, following Buffett's retirement.
- Warren Buffett previously raised $53 million for Glide through similar auctions over two decades.
- The auction's total contribution represents a fraction of Glide's $31 million annual operating budget.