Stuart Sternberg Net Worth is$800 Million
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Profession: Businessperson, Investor
Date of Birth: 1959
Nicknames: Stuart L. Sternberg
Ethnicity: Jewish American
Country: United States of America
Stuart Sternberg is an investor on wall street with a net worth of $800 million. Stuart Sternberg accumulated his net worth through his professional career in the financial services industry, as an employee of Spear, Leed and Kellogg investment group, as well as his partnership in Goldman Sachs, and as a partial owner of the Tampa Bay Rays. He was born in Brooklyn, New York U.S.
Stuart L. Sternberg (born 1959 in Brooklyn, New York) is a Wall Street investor. He is the principal shareholder of the ownership group that owns the Tampa Bay Rays, and has acted as the team's Managing General Partner since November 2005.
Sternberg was also the original owner of the now-defunct Florida Tuskers of the United Football League. He sold the team back to the league after one season.
The youngest of three children, Sternberg was born and raised in the Canarsie neighborhood of New York's Brooklyn borough to Jewish parents. Sternberg's passion for baseball developed as a child while playing the game in the streets and playgrounds of his neighborhood. One of Sternberg's most cherished memories is of watching Sandy Koufax pitch while attending his first Major League game, with his father, at Shea Stadium in 1965. Sternberg has played in various organized baseball leagues over his lifetime and has coached his two sons' Little League teams for five years.
Sternberg made a fortune in the financial services industry. In 1978, Sternberg began his professional career trading equity options part-time at the American Stock Exchange while attending St. John's University, where he earned a degree in finance. After college, Sternberg was hired by investment group Spear, Leeds & Kellogg, eventually becoming a partner in the firm before moving to Goldman Sachs, retiring from that company as a partner in 2002. He has served on various committees and advisory boards in the financial securities industry.
Sternberg purchased a 48% plurality-share in the previously named Devil Rays (now known as the Tampa Bay Rays) in May 2004 from Vince Naimoli, and took over as Managing General Partner in October 2005. He arranged his bid for controlling interest in the team with fellow Goldman Sachs partner Matthew Silverman, whom he hired as the team's President. He has remained a low key owner, who currently sees his primary goal with the team as getting their finances in ord

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Stuart Sternberg Latest News

Hillsborough candidates agree: Tax somebody to pay for Rays stadium, just not sure who

Add it all up and hotel tax money sounds like a consensus pick — which would better news for Rays owner Stuart Sternberg if not for the fact that best estimates are that these would only be enough to pay off maybe $75 million in construction costs ...
Posted: August 12, 2016, 5:20 am

Rays owner Stuart Sternberg: "Business of Professional Sports" panel

A football team owner, a hockey team owner and a baseball team owner walk into a bar.... The many benefits of professional sports easily justify public investment in professional sports facilities, in the view Bucs co-chairman Bryan Glazer, Lightning owner ...
Posted: February 29, 2016, 8:00 pm

Owner says Kevin Cash has done a ‘tremendous’ job during the most disappointing season in Rays history

So, who’s fault is it? Not Kevin Cash’s, according to Stuart Sternberg. With the Rays in New York, Stermberg was on hand and was asked about Cash’s performance, which Sternberg called “tremendous” (via Marc Topkin). “I understand the chatter ...
Posted: August 17, 2016, 8:33 am
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