Barry Sternlicht is the co-founder, chairman, and CEO of Starwood Capital Group, an investment firm that manages approximately $60 billion in funds. He was the CEO of the same company for ten years. He also serves on the boards of Invitation Homes and the Estee Lauder Companies Baccarat Crystal. His work style is described as “intense and impetuous,” which is appreciated by his coworkers.
Quick Facts
Celebrated Name: | Barry Sternlicht |
Real Name/Full Name: | Barry Stuart Sternlicht |
Gender: | Male |
Age: | 63 years old |
Birth Date: | 27 November 1960 |
Birth Place: | New York City, U.S. |
Nationality: | American |
Height: | 1.8 m |
Weight: | 78 kg |
Sexual Orientation: | Straight |
Marital Status: | Married |
Wife/Spouse (Name): | Mimi Richard Sternlicht (1980s-2016) |
Children/Kids (Son and Daughter): | Yes (James) |
Dating/Girlfriend (Name): | N/A |
Is Barry Sternlicht Gay?: | No |
Profession: | Investor |
Salary: | N/A |
Net Worth in 2024: | $4 billion |
Barry Sternlicht Biography
Barry Sternlicht was born on November 27, 1960, in New York City. His family relocated to Stamford, Connecticut, shortly after his birth, where he spent his childhood. His father, a Holocaust survivor from Poland, worked as a plant manager. His mother was from New York and worked as a stockbroker as well as a biology teacher. In 1982, he received his Magna Cum laude, or Latin Honors, diploma from Brown University. After four years, he received a Master of Business Administration from Harvard Business School in 1986.
Barry Sternlicht’s Age, Height, Weight
Barry Sternlicht was born on November 27, 1960, He is 63 years old as of 2024. His height is 1.8 meters and his weight is 78 kilograms.
Career
After graduation, he worked for JMB Realty, a Chicago-based real estate investment firm. However, due to the 1990s recession, he was let go from the company. Barry founded the Starwood Capital Group and collaborated with Resolution Trust Corporation when he was only 31 years old. During the 1990 loan crisis, the Federal Government established the group to capture liquid money through real estate property. The company profited more than $20 million from the families of William Bernard Jr.
He also profited significantly from Sam Zell’s Residential deal, which included a 2% stock exchange. In collaboration with Goldman Sachs, Stechlicht purchased a group of resorts worth $561 million. He made a sizable $125 contribution to the Right to the rising committee, which was formed to support George W. Bush’s presidential campaign.
Achievements and Awards
Barry Sternlicht is a well-known investor who has received numerous awards. In 2004, he was named the “America’s Best Lodging CEO” by Institutional Investor Magazine. In 2005, he was also inducted into the Interior Design Hall of Fame. In the year 2010, he was named Executive of the Year and “Investor of the Year” by Commercial Property Executive. With his talent and accomplishments, he has earned respect and made his mark.
Barry Sternlincht’s Net Worth in 2024
Barry Sternlicht is a well-known and well-known investor with a net worth of $4 billion as of February 2024. He has served as a trustee of Brown University’s Alma Mater and on the boards of numerous well-known corporations.
Sternlicht is the owner of the Hotel Investors Trust, a nearly bankrupt real estate investment trust, and served as its CEO beginning in 1995. The company later purchased Sheraton Hotels and Resorts for $13.3 billion in transactions, outbidding Hilton Worldwide. He believes in charity and is skilled at investment strategies. His good intentions and contributions to humanity have shaped who he is today.
Barry Sternlicht Wife, Marriage
Mini Reichert, whom Barry Sternlicht met at Brown University, became his wife. However, they were divorced in the year 2016. They have three children, one of whom is named James. Unfortunately, their marriage did not work out, and they divorced in 2016.