Barry Sternlicht Bio | Wiki
Barry Sternlicht ( Full Name: Barry Stuart Sternlicht) is a popular American billionaire who is the co-founder chairman, and CEO of Starwood Capital Group, an investment fund with over $60 billion in assets under management. He founded Starwood Capital Group in 1991 with Bob Faith. Barry is also chairman of Starwood Property Trust. Barry is the co-founder of Starwood and worked as its CEO from 1995 until 2005. As of May 2023, Barry’s net worth was estimated at $4.6 billion.
Barry is on the board of directors of the Estée Lauder Companies, Baccarat Crystal, Robin Hood Foundation, Dreamland Community Theatre, the Juvenile Diabetes Research Foundation’s National Leadership Advocacy Program, as well as the Business Committee for the Arts. Barry previously worked on the boards of directors of the Pension Real Estate Association and the Real Estate Roundtable and is a past trustee of his alma mater, Brown University. His style has been described as “intense and impetuous.” Following graduation, Barry went to work for JMB Realty, a real estate investment company in Chicago. In 1989, at the start of the savings and loan crisis and the early 1990s recession, Barru was laid off.
Barry Sternlicht Age
Barry was born on November 27, 1960, in New York City, in the United States. He is 63 years old. Barry celebrates his birthday on November 27, every year.
Barry Sternlicht Height
He is a man of above-average stature. Barry stands at a height of 5 ft 11 in ( Approx. 1. 78m ).
Barry Sternlicht Family
He was born in New York City and raised in Stamford, Connecticut. Barry’s father, Maurycy “Mark” Sternlicht, worked as a plant manager and was a survivor of The Holocaust from Poland. Barry’s mother, Harriet, was from New York and served as a biology teacher and stockbroker. Barry holds American nationality. He has a younger brother named Russell Sternlicht.
Barry Sternlicht Wife
During the 1980s Barry married his wife Mimi Sternlicht a Creative Director and Social Entrepreneur. The two met at Brown University. He and Mimi have three children including equestrian Adrienne Sternlicht. In 2016, Barry and Mimi separated.
Barry Sternlicht Daughter
He has a daughter named Adrienne Sternlicht a show jumping rider, most known for being part of the gold medal-winning team at the 2018 World Equestrian Games in Tryon, North Carolina. Adrienne is most well known for riding the mare, Cristalline. Adrienne is ranked 77th in the world as of May 2020.
Barry Sternlicht Education
In 1982, Barry graduated magna cum laude, from Brown University. In 1986, Barry earned a Master of Business Administration from Harvard Business School.
Barry Sternlicht Starwood | Starwood Capital Group
In 1991, at the age of 31, alongside Bob Faith, Barry launched Starwood Capital Group to buy apartment buildings that were being sold by the Resolution Trust Corporation, created by the federal government to hold and liquidate the real estate assets owned by failed banks after the savings and loan crisis. Barry raised $20 million from the families of William Bernard Ziff Jr. and Carter Burden of New York to fund these purchases. In 1993, Barry contributed the apartment portfolio to Sam Zell’s Equity Residential in exchange for a 20% stake in the company. He now works as Chairman & CEO of Starwood Capital Group.
Barry Sternlicht CNBC | CNBC Today
On September 30, 2023, Barry joined CNBC Squawk Box Today to discuss the state of the U.S. economy, the Fed’s inflation fight, the impact of high interest rates, the recession outlook, the labor market, and more.
Barry Sternlicht Yacht
He owns a Luxurious Yacht “Halo” a magnificent creation in the world of yachting, produced in 2015 by the renowned shipyard Feadship. Halo Yacht showcases the aesthetic brilliance of its designer, Harrison Eidsgaard, featuring sleek lines and a stunning silhouette that sets her apart on the water. The yacht offers a comfortable cruising speed of 12 knots with a range of over 4,000 nautical miles. It is valued at around $60 million, with annual running costs reaching up to $6 million.
Barry Sternlicht Interview
When asked if he identified as a Republican during a 2020 interview, Barry commented “What are you, crazy? He said he is an independent. He is socially liberal and fiscally conservative. Barry said he thought capitalism is the best form of government, but he thinks it needs to be regulated.
Barry Sternlicht Cano Health
On March 30, 2023, he issued a statement announcing his resignation, effective immediately, from the Board of Directors of Cano Health, Inc. (NYSE: CANO). Barry had worked for Cano Health from June 2021 to 2023. He worked tirelessly to support the Company’s mission and help it become a professionally run public company.
Barry Sternlicht Private Jet
In 2005 at Starwood, the switch to incremental cost resulted in a threefold boost in the revealed value of personal jet travel by Barry.
Barry Sternlicht Book
He is featured in the book The Boutique Hotel: International Hotel and Resort Design Volume IV which was published by Susan Abramson and Marcie Stuchin. The book was published in 2003.
Barry Sternlicht Family Office
He makes venture investments out of his family office, JAWS Estates Capital which has also engaged in three separate SPACs. The family office invests across all stages and industries but has particular expertise in early-stage consumer and technology companies.
Barry Sternlicht House | Miami House | Miami
He developed and resides in a waterfront mansion north of Glass, and he moved his Starwood Property Trust to South Beach in 2018. Barry paid $17 million for the North Bay Road property in 2015 and completed the more than 14,000-square-foot home three years later.
Barry Sternlicht Email
Barry’s email address is [email protected].
Barry Sternlicht Spac
Barry has sponsored five SPACs since 2020, including one that took senior care provider Cano Health public in June 2021. He garnered a number of big-name investors when he launched five SPACs during the recent bubble, as per SPAC Research. Barry’s sixth vehicle was pulled before it ever hit the public markets.
Barry Sternlicht Net Worth
Barry gets his wealth from his work as the co-founder, chairman, and CEO of Starwood Capital Group, an investment fund with over $60 billion in assets under management. Therefore, Barry has accumulated a decent fortune over the years. Barry’s net worth is $3.8 billion.
How Old Is Barry Sternlicht
Barry is a 63-year-old who was born on November 27, 1960, in New York City, in the United States. Barry celebrates his birthday on November 27, every year.
How Tall Is Barry Sternlicht
Barry is a man of above-average stature who stands at a height of 5 ft 11 in ( Approx. 1. 78m ).
Who Is Barry Sternlicht
He is Chairman and CEO of Starwood Capital Group, the private alternative investment firm he created in 1991 that is focused on global real estate. Barry also works as Chairman & CEO of Starwood Property Trust (NYSE: STWD), a leading diversified finance company. From 1995 through early 2005, Barry was Chairman and CEO of Starwood Hotels & Resorts Worldwide, a company he created in 1995. In 2008, Barry founded SH Group, his new hotel management company.