Wes Edens is an accomplished billionaire businessman with interests in private equity investment. He went to the Oregon State University where he undertook his undergraduate degree in Finance.
Upon graduation in the year 1984, he secured his first job at Lehman Brothers as a partner. After a short period, he relocated to BlackRock as a managing director.
He is an avid supporter of sports. In the year 2014, he collaborated with his partner and friend, Marc to acquire the Bucks Basketball Team.
The duo purchased the Wisconsin club at $550 million from Kohl Herb. Also, they invested another $100 million to aid in the construction of a multipurpose arena. According to Forbes, Bucks is currently valued at $1 billion.
Wes Edens recently furthered his ambitions in sports when he purchased Astonvilla Football Club. The England based team which has played in the premier league for a long time is currently in the Championship tier. He partnered with billionaire Sawiris to acquire 55% of the club. The acquisition made the duo the highest stakeholders at the club.
In a statement, the two pointed out that they were committed to making the club strong again. The businessmen also hinted that they would sign classic players to make the club competitive. Sawiris further added that the team would only be more significant with the right management.
Wes Edens is renowned for his role at the giant Fortress Investment Group. He co-founded the company in 1998 together with Robert Kauffman, Michael Edward, and Randal Nardone. The founders raised $400 million in capital to start the company.
It is presently one of the largest firms dealing in alternative asset management.
SoftBank Corporation acquired the fortress from Japan in the year 2018. Wes Edens confirmed that it was purchased at $3.3 billion in cash. It was however reached at in a contract that the firm would have its headquarters in New York City.
Wes Edens launched his Brightline rail system in South Florida. He is the owner of the train that moves at the highest speed of 135mph. He pointed out that he had plans to extend the rail across the United States.