Five Facts About Fortress Investment Group Co Founder Wes Edens

Wes Edens is an entrepreneur in the financial services industry. He is the co founder and the chairman of the leading investment management firm Fortress Investment Group. For two decades, he has established the firm as one of the most successful in the financial sector. Along with a successful career as an entrepreneur, Wes Edens is also involved in professional sports. He is the current co owner of both the NBA’s Milwaukee Bucks and a team in the English Premier Soccer League.

When Wes Edens began his career, he worked in the financial services sector as an entry level professional. After the first few years of his career, he joined Lehman Brothers in 1987. After joining the firm, Wes would become a partner and a managing director. This position allowed him to develop his leadership skills as well as his expertise in the financial sector. He left the firm in 1993 and became a member of BlackRock Financial Management. Read this article of Wes Edens at Wall Street Journal.

In 1998, Wes Edens decided to start up his own company after working at BlackRock Financial Management. He co founded the firm with a couple of other finance professionals who he worked with in the past. With these other financial professionals, Wes was able to begin building his firm and making it into one of the top alternative asset management firms in the entire world.

During the past few years, Wes Edens has gotten involved in professional sports. One of the teams he has acquired is the Milwaukee Bucks of the National Basketball Association. Under his leadership, the team has become one of the elite in the Eastern Conference. It is led by a couple of star players who have become among the league’s best. Edens purchased the team for $550 million.

Wes has a very high income according to industry insiders. Edens makes a salary of approximately $54 million. This salary has allowed him to accumulate a vast fortune. By having an income of $54 million, Edens has been able to become a billionaire.

Edens has family who are big fans of the NBA. His daughter Mallory is currently a fan of the New York Knicks. As a Knick fan, Mallory is looking to one day own the team. By becoming the owner of the New York Knicks, Mallory will be able to make history by becoming the NBA’s first ever female owner. Source: https://www.bloomberg.com/news/articles/2019-06-04/fortress-billionaire-wes-edens-bets-on-freedom-gas-exports