Barry Sternlicht Quote

It's cheaper to buy a house and finance it than it is to rent in many markets.

Barry Sternlicht

It's cheaper to buy a house and finance it than it is to rent in many markets.

Tags: house, rent, buy

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About Barry Sternlicht

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."