Wes Edens is one of the most successful investment managers and businessmen. At the age of 52, he was ranked in the Forbes billionaire list at number 369. His wealth was earned from the acquisition of Fortress Investment Group by a Chinese company by name Softbank. The amount was a result of earned bonus dividends and payouts from unvested shares. He is known to be a man with great influence and unrivalled skills in sniffing out investment opportunities. His investments vary from private equities to investments traded in the general public. Such exposure and commitment have made Wes Edens very successful.
As one of the founders of Fortress Investment group finances, he chairs all corporate meetings that take place there. The investment group is a well-known and leading company in managing finances. As the head of private equity, Wes Eden shares on how they put the effort in companies that are exceptional including the established ones in sectors that are investment rewarding. The group was founded in the late 1990s, and it specializes in a liquid market, credit transfers, asset management among many other services. Their clientele ranges from private individuals, small businesses to large institutions with a client base of almost 2000. For this to be successful, employees of up to 1000 are put in place to ensure the smooth running of the operations.
Before founding Fortress Investment Group, he worked as a managing director to Black Financial Management. He was also the head of a private equity fund in Black Rock. Later he partnered and managed Lehman brothers. All this experience in management and financial skills made him partner with other like-minded guys to found the Fortress Investment Group. Born in the 1960s, Wes Edens joined Oregon State University where he graduated with an undergraduate degree in Finance. This was his origin, and it opened the doors to business. Right now he is a well-known investor with experience in not only in private equity deals but in a wide range of financial matters.
Wes Eden’s life has not been all about finances and business. He also has an interest in sports, and he acquired Milwaukee Bucks for $0.5 billion. Milwaukee’s buyout was in 2014 so by the time of its purchase, Wes Edens had to wait before acquiring it fully. His salary according to Biz journals is $54.4 million per year, which is a tidy sum of money. That makes him into the list of one of the highest business earners. His achievements have been purely due to competence.