Marc Benioff Bought Time Magazine For $190 Million – He Did Not Buy Sports Illustrated Or … And For Good Reason | Celebrity Net Worth 2026
Meredith Corporation is the company that owns TIME magazine, as well as a plethora of other magazines like Fortune, Money, Sports Illustrated, People...
🌟 Public Figure · Updated: October 03, 2026 · 4 min read · FamsWorthHQ Financial Desk
Marc Benioff Bought Time Magazine For $190 Million – He Did Not Buy Sports Illustrated Or … And For Good Reason | Celebrity — Estimated Net Worth & Financial Dossier
Executive Summary:
Meredith Corporation is the company that owns TIME magazine, as well as a plethora of other magazines like Fortune, Money, Sports Illustrated, People, and many more. Recently, it came out that Salesforce billionaire Marc Benioff was preparing an offer to buy off one of the TIME Inc magazines Meredith was looking to unload: TIME, Fortune, Money, Sports Illustrated, or possibly a combination of those four. As it turns out, Benioff is indeed buying up TIME for $190 million in cash, but the question remains what will happen to those other three titles.
A recent Recode story speculates a "best case scenario" for TIME magazine that's reminiscent of what Amazon's Jeff Bezos did for The Washington Post:
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Marc Benioff Bought Time Magazine For $190 Million – He Did Not Buy Sports Illustrated Or … And For Good Reason | Celebrity — Financial & Wealth Report PDF
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💰 Marc Benioff Bought Time Magazine For $190 Million – He Did Not Buy Sports Illustrated Or … And For Good Reason | Celebrity Financial Profile OverviewVerified Benchmark
Estimated Net Worth
$420.1 Million
Annual Salary / Earnings
$59.2 Million / year
Monthly Income
~$4.9 Million / month
Primary Wealth Sources
Various Income Streams, Investments, Brand Partnerships
Known Assets & Portfolio
Real Estate, Luxury Vehicles, Business Investments
Nationality / Origin
American
Industry / Category
🌟 Public Figure
Data Last Updated
November 2026
Biography & Early Wealth Journey
"We'll hear and see what Benioff does with Time over the coming months. The best-case scenario is a Bezos/Washington Post scenario, where he reinvigorates the aging property with a combination of money, aggressive growth goals and a relatively hands-off approach. The downside: Even a billionaire may be frustrated at how difficult it is to turn around a property that peaked decades ago."
Charley Gallay/Getty Images
How difficult? You never know these days when a formerly stagnant property becomes newly hot stuff, but for the time being, recent revenue figures for formerly lucrative print institutions are not particularly sunny. Take Sports Illustrated ("please!," its current owners might say), a former powerhouse that still has plenty of popular familiarity and a decent sized cultural footprint. Here are some revenue figures for the last three years, via the property's bankers at Houlihan Lokey:
Primary Income Streams & Multi-Million Contracts
-2015: $239 million
-2016: $212.3 million
-2017: $184.8 million
That's a steady decline, and unfortunately par for the course in most of the magazine industry these days. Meredith Corp is reportedly seeking out $150 million for its Sports Illustrated holdings, but so far no Benioff or Bezos-like figures have stepped up to the plate.
What is Marc Benioff Bought Time Magazine For $190 Million – He Did Not Buy Sports Illustrated Or … And For Good Reason | Celebrity's net worth in 2026?
As of 2026, Marc Benioff Bought Time Magazine For $190 Million – He Did Not Buy Sports Illustrated Or … And For Good Reason | Celebrity's estimated net worth is $420.1 Million.
How does Marc Benioff Bought Time Magazine For $190 Million – He Did Not Buy Sports Illustrated Or … And For Good Reason | Celebrity make money?
Marc Benioff Bought Time Magazine For $190 Million – He Did Not Buy Sports Illustrated Or … And For Good Reason | Celebrity generates income primarily through Various Income Streams, Investments, Brand Partnerships.
What are Marc Benioff Bought Time Magazine For $190 Million – He Did Not Buy Sports Illustrated Or … And For Good Reason | Celebrity's biggest assets?
They maintain a diverse portfolio including Real Estate, Luxury Vehicles, and Business Investments.
How much does Marc Benioff Bought Time Magazine For $190 Million – He Did Not Buy Sports Illustrated Or … And For Good Reason | Celebrity earn per year?
Marc Benioff Bought Time Magazine For $190 Million – He Did Not Buy Sports Illustrated Or … And For Good Reason | Celebrity brings in approximately $59.2 Million in annual earnings.
Is Marc Benioff Bought Time Magazine For $190 Million – He Did Not Buy Sports Illustrated Or … And For Good Reason | Celebrity a millionaire or billionaire?
Yes, Marc Benioff Bought Time Magazine For $190 Million – He Did Not Buy Sports Illustrated Or … And For Good Reason | Celebrity is a millionaire.
Financial Valuation Disclaimer: All net worth figures, annual salaries, and asset estimates presented on FamsWorthHQ are formulated using publicly accessible data, corporate filings, industry contract disclosures, and proprietary statistical modeling. Unless explicitly designated, figures represent estimated calculations and should be referenced for informational and comparative entertainment purposes.
