Wes Edens is an all rounded man who holds the titles, businessman, sports team owner, and an investor. He is a co-founder at the well renowned Fortress Investment Group that began in 1998. Wes started his career at California Savings and Loans after graduating from Oregon State University with bachelors in Business Administration. In 1987, he landed another exciting opportunity at Lehman Brothers in their mortgage trading department where he served as Managing director for about five years. Edens then joined BlackRock before launching his first private equity fund.
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His search for more experience led him to join UBS in 1997 where he contributed for about a year. After more than a decade of amassing experience in the finance market, Wes Edens was convinced that it was time to build his empire. Together with two other like-minded financial experts, Randol Nardone and Rob Kauffman, they formed Fortress Investment Group in 1998. Edens primarily handled the private equity division and still holds the leadership position to date.
Wed Edens had very peculiar and unique approaches towards the complexity, intolerance and changed nature of the capital markets. His readiness to tackle complicated and difficult times and situations in Fortress Investment Group has been a pivotal foundation in the firm’s growth and development over the years.
In 2014, Wes Edens quenched his interests in the sports industry and bought the Milwaukee Bucks at $ 500 million, together with Marc Lasry making him a co-owner. Three years later, indulging more in the sports industry, the sports owner unveiled the creation of an eSports crew referred to as FlyQuest. It now competes in the North American League of Legends Championship Series having the full backing of the Fortress Group.
Most recently, Wes Edens was declared a billionaire with Fortress Group’s public trade. He currently sits at a remarkable 962nd position on a global scale with a net worth of $ 1.6 billion including his shares at the Fortress Group. Wes is also well known for his philanthropic spirits as an active donor to the Quincy Jones Listen Up Foundation, Chinook Charitable Trust, Ronald McDonald House and many more others.