Wes Edens, the chairman, and co-founder of Fortress Investment Group.
Born and raised in the United States, Wes Edens furthered his studies at Oregon State University where he graduated with a Bachelor’s degree in Finance and business administration in the year 1984. Wes Edens had a great passion in the financial industry and began his career at the Lehman Brothers. Edens formulated better solutions for the Lehman Brothers, and this earned him the position of managing director. He worked with great passion and dedication at this position until 1993 when he decided to switch his career and started working at Black rock asset investors. He was given the position of managing director at Black rock asset investors and positively impacted the growth of the company till 1997.
In 1998 Mr. Edens teamed up with other financial investors; Randal Nardone and Rob Kauffman, and co-founded a private equity investment company. This company was privately owned and later yielded to Fortress Investment Group. Wes Eden worked for Fortress with much expertise and professionalism as a managing director and chairman. Through his excellent administration skills, Fortress investment group earned the title of the first publicly traded private investment company in the world in 2007. Mr. Edens has greatly helped the company to create a landmark in the economic history and to make it emerge as the leading company in alternative asset management globally.
In recognition of his work, the wall street journal termed Mr. Edens as a creative mastermind in the financial investment field. His take-home pay was reported to be $54.4 million by Bizjournals. The professionalism of Wes Edens has helped him to make huge major investments and to earn various top positions in major companies. He is the co-owner of Milwaukee Bucks NBA which he purchased from Herb Kohl in 2014 at a price of $500. Forbes magazine also recognized Wes Edens as one of the richest people. He was ranked 369 on the Forbes richest list at the age of 52. Wes is truly a living proof that passion, perseverance and hard work are major keys to success in entrepreneurship. He is a role model to many financial investors and receives much admiration from people from the entire globe.