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Henry R. Silverman

Henry Silverman
Born Henry R. Silverman
(1940-08-01) August 1, 1940 (age 76)
Nationality United States
Education Williams College (BA, 1961)
University of Pennsylvania Law School (JD, 1964)
Occupation businessman; investor
Years active 1965-
Employer Apollo Global Management
Cendant Corporation (prior) (prior)
Known for Founder of Hospitality Franchise Systems (later Cendant Corporation)
Co-Founder of Univision
Net worth $300 million
Spouse(s) Susan H. Herson (divorced)
Nancy Ann Kraner (divorced)
Karen Hader
Children four (two with Herson; one with Kraner; one with Hader)

Henry R. Silverman is an American entrepreneur and private equity investor. Silverman is best known for his role in building Cendant Corporation into a multibillion dollar business services company that provided car rentals, travel reservation services as well as real estate brokerage services and was also the largest franchisor of hotels globally.

Among the brands that Silverman controlled included hotels and motels such as AmeriHost Inn, Days Inn, Howard Johnson's, Ramada, Super 8 and Travelodge; car rental operators such as Avis Rent a Car System and Budget Rent a Car; real estate brokerages such as Coldwell Banker, Century 21 Real Estate and Sotheby's International Realty; as well as Orbitz Worldwide.

Born to a Jewish family, in Brooklyn, the son of the chief executive of commercial finance firm James Talcott Inc. Silverman graduated with a B.A. from Williams College and then a J.D. from University of Pennsylvania Law School. He served in the United States Navy Reserves and then practiced tax law.

Silverman began his career in business as an assistant to Steve Ross, who was then assembling the future Warner Communications. Silverman had graduated from Williams College with a BA in Art History in 1961 and spent the following three years earning a JD from the University of Pennsylvania, where he graduated in 1964. Silverman left the job with Ross, which had been secured by Silverman’s father, a well known businessman himself, to join White, Weld & Company an investment banking firm.


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