Overview
Barry Stuart Sternlicht (born November 27, 1960) is an American billionaire and the co-founder (with Bob Faith), chairman, and CEO of Starwood Capital Group, an investment fund with over $100 billion in assets under management. He is also chairman of Starwood Property Trust. He is the founder of Starwood Hotels and Resorts Worldwide and served as its Chairman and CEO from 1995 to 2005. As of May 2023, his net worth was estimated at $4.6 billion.
Sternlicht is on the board of directors of the Estée Lauder Companies, The Business Council, the Real Estate Roundtable, the Robin Hood Foundation, Dreamland Community Theatre, and the Juvenile Diabetes Research Foundation’s National Leadership Advocacy Program. He previously served on the boards of directors of the Pension Real Estate Association, RH (company), Invitation Homes, Tri Pointe Homes, and is a past trustee of his alma mater, Brown University.
Sternlicht's style has been described as "intense and impetuous."
Early life
Sternlicht was born in New York City in 1960 and grew up in Stamford, Connecticut. His father, Maurycy “Mark” Sternlicht, was a plant manager and a survivor of The Holocaust from Poland. His mother, Harriet, was from New York and worked as a biology teacher and stockbroker. In 1982, he graduated magna cum laude, from Brown University. He then worked as an arbitrage trader on Wall Street. In 1986, he received a Master of Business Administration from Harvard Business School.
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