Wes Edens is a billionaire entrepreneur and finance executive. He is the co founder and principal of the private equity investment firm Fortress Investment Group. Over the course of his career, he has been heavily involved in managing a number of financial services firms. During his career, he has demonstrated leadership that has allowed the firm’s he has worked at to thrive on a consistent basis. Recently, Wes helped facilitate a key acquisition with the company known as Japan Softbank Group Corporation. This helped the company increase its overall value to $140 million. His expertise and guidance helped ensure that this key deal was completed.
When the recent acquisition was completed, the company’s shares rose to $8.08 which were only $2.25 per share before the deal was completed. As a result, Wes was responsible for making the company a lot more valuable and profitable for investors. On a regular basis, Wes spends most of his time managing his investment firm Fortress Investment Group. The firm is the first publicly traded private equity firm in the United States. Along with being a financial services company executive, Edens is also involved in professional sports. He is the current co owner of the Milwaukee Bucks National Basketball Association team. Wes is also the owner of Flyquest which is a team that participates in an electronic sports league. Prior to entrepreneurship, Wes Edens attended college in Oregon. He would complete a bachelor’s degree in finance and business administration at Oregon State University in the year 1984.
After completing college, Wes would start his career working at Lehman Brothers in 1987. While working at this firm, he would eventually become the firm’s managing director until 1993. After his stint at Lehman Brothers, Wes would then work at the private equity investment firm known as Blackrock Asset Investors. At this firm, he would serve as both a partner and a managing director. Edens looked to make a change in his career after working as a high level executive in the financial sector. He would meet with four other individuals to start up a private equity financial services company. This resulted in the founding of Fortress Investment Group. Under his leadership, Wes helped build the firm into one of the leading private equity investment management firms in the entire world. After the recent acquisition by Softbank Corporation, Edens still spends most of his time overseeing the daily operations of the firm. learn More.