Profile of Fortress Investment Group Co Founder Wes EdensAugust 3, 2019 - Author: steph - No Comments
Wes Edens is a longtime professional in the financial sector who later founded his own firm. Today, he is currently in charge of his investment firm known as Fortress Investment Group. Edens co founded the firm with one of his past colleagues in order to serve the needs of institutional investors. Wes has been one of the most successful entrepreneurs in the financial sector due to his leadership and expertise. He has also purchased two major professional sports teams which he has done in order to increase his business and asset holdings.
After he completed a degree program in business administration, Wes Edens began his career in finance. He worked as an entry level professional for his first three years out of college. Edens would then join one of the top financial services firms Lehman Brothers in the late 1980’s. While he was a member of this firm, he was the partner and managing director. At the beginning of the 90’s, Wes would pursue employment at another firm to advance his career. See more information about Wes Edens at wealthx.com
Wes joined BlackRock Financial Management in 1993 and then co founded Fortress Investment Group five years later in 1998. Once he founded the company, he looked to develop a firm that would manage assets for a number of investors in different industries. Over the past twenty years, Edens has been able to build Fortress Investment Group into one of the world’s most prosperous firms in the financial sector.
Once he was able to establish a highly successful firm along with accumulating a substantial amount of wealth, Wes Edens purchased a professional sports team. He would buy a basketball team known as the Milwaukee Bucks for an amount of $550 million. Since taking over as owner of the team, the Bucks have become one of the top teams in the NBA.
Over the years Wes Edens has been able to become very wealthy. One of the key factors in him becoming very wealth is a very high income. He currently makes $54 million per year. With this amount of income, he has been able to become one of the top 1% of income earners in the nation.
Wes Edens currently has a daughter who is an avid fan of the New York Knicks. She is looking to one day buy the team and become its owner. If his daughter is able to become the Knicks owner, she will make history by becoming the first female owner in the history of the NBA.