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

Stuart Sternberg Latest News

Rays' stadium deal rejected by St. Petersburg City Council

Eric Fisher (@EricFisherSBJ) December 18, 2014 Long term could be another story. In fact, just last week principal owner Stuart Sternberg spelled out a scenario that doesn't bode well for baseball's future in the Tampa area. But he also said that if the ...
Posted: December 19, 2014, 12:53 am

Sternberg’s development rights on Trop could be worth as much as he’d pay St. Pete to break lease

When I reported Friday on the St. Petersburg city council refusing to go along with the Tampa Bay Rays‘ lease-breaking deal if they’d have to give Rays owner Stuart Sternberg a cut of development rights to the Tropicana Field site, I didn’t have a ...
Posted: December 22, 2014, 6:00 am

MLB RUMORS: Tampa Bay Rays Trading 2B Ben Zobrist? Future of the Team Suggests So

The 33-year-old is the longest tenured Ray, having spent the last nine seasons with the team. However, the team's owner, Stuart Sternberg, mentioned he was looking to reduce payroll, and Zobrist's $7.5 million salary for 2015 could be the next to leave town.
Posted: December 24, 2014, 3:26 pm
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