The Real Deal Miami

Starwood Hotels exec on how he got his start

December 16, 2009 12:44PM

In a segment called “How I Built It,” Barry Sternlicht talked to the Wall Street Journal about how he founded Starwood Capital, the real estate investment firm that founded Starwood Hotels and Resorts and, subsequently, the “W” Hotels brand and the Westin Hotels line. “I borrowed money from friends and invested what I had… and I borrowed a million dollars, which is a lot when you’re 31 and have a net worth of about $100,000,” Sternlicht said.