Wes Edens Founded Fortress Investment Group In New York

Over the past two decades, Wes Edens has given everything he has to the investment company Fortress Investment Group. Fortress Investment is a leading asset management and investment firm in New York that Wes co-founded back in 1998 along with two other financial experts. Thanks to his leadership and the dedication of its founders, Fortress Investment Group managed to grow to an impressive net worth of more than 3 billion dollars. In 2017, SoftBank Group purchased Fortress Investment for even more than this at 3.3 billion dollars. According to Wes Edens, technology has been one of the biggest ways he has been able to grow the company and cut down on costs all across the board. Fortress Investment was able to truly take off as an alternative investment company when Wes and the other executives pushed to turn the company from a private to a public organization. More about of Wes Edens at Crunchbase.

Wes Edens has worked at some major financial institutions throughout his career, including BlackRock Financial Management and Lehman Brothers. These positions enabled Wes to improve his own expertise, leadership capabilities, and his funds in order to start out his own firm. When Wes and his business partners started Fortress Investment Group, it took everything they had to pool a few hundred million dollars. Now, Wes and the other founders of Fortress Investment have all become billionaires with net worths at or above two billion as of 2018.

With more than 30 years of experience behind him since he started off his career, Wes Edens has become a prominent figure in the US financial market as a business owner and wealthy investor. Since 2014, Wes has been building his image on the sports front with part ownership of the Milwaukee Bucks. This 500 million dollar investment wasn’t for prestige, however, since Wes is an avid sports fan and has loved watching in his leisure time. Now, Wes finally gets to be apart of his favorite past-time to make an impact on the sports industry.

Check out: http://www.nba.com/bucks/bio-wesley-r-edens

 

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