More companies would move to Miami if there were more private schools, says billionaire Miami convert Barry Sternlicht

• More companies would move to Miami if there were more private schools, said Barry Sternlicht.
• Miami's business-friendly environment and tax savings have attracted companies like Citadel.
• However, the city faces a private school shortage due to the recent population boom.

One hiccup prevents Miami from attracting more money and talent, according to billionaire real estate fund manager and Miami transplant Barry Sternlicht.