Everything to Know About Self-Made Business Magnate Wes Edens
Successful investors always have an eye for the best investment in the market. One self-made billionaire who has been good in his trade is Wes Edens. He is widely recognized for his investment in the private equity sector. Together with Rob Kauffman and Randal Nardone, they went against the odds and founded the Fortress Investment Group as a private equity company. They later launched the company at the NYSE and it became one of the best things to ever happen to United States private equity sector. Today, Fortress is generating billions of dollars in assets, hedge funds and credit funds. Wes has enjoyed a remarkable investment journey. After graduating from the Oregon State University in 1984 with a degree in finance and business administration, he began his career at Lehman Brothers. He served as a partner and the managing director of the company. He later moved to BlackRock Asset Investors and worked in the same position. His experience in the investment and management sector has seen Wes Edens and his partners become billionaires.
For instance, under his leadership, the Nomura Holding acquisition placed the company among the top private equity entities in the world. He also helped Fortress Investment Group acquire Springleaf Financial Services and many have perceived him as the catalyst behind the success of the firm. Most of the investments that Wes has proposed to Fortress and his partners have been fruitful. Wes Edens and his partners have made sure that they hire the best employees in the field. They have valued teamwork and employee welfare. It is for these reasons that the company has been able to meet its missions and goals in the sector. No employee will feel demotivated with a leader like Wes Edens overseeing the private equity business.
More so, positive reviews from employees at Fortress have also put the company above many of its competitors. Wes is an encouragement not only to his employees but many other investors in the world. Being a magnate in the business world, he has gone on to invest in sports. Together with Marc Lasry, Mr. Edens purchased the Milwaukee Bucks from Herb Kohl and the NBA franchise has been a great investment. He also supports eSports as he also owns FlyQuest, a professional Legends of Legends team. Over many years of investment, Wes Edens is reported to take home around $54.4 million per year. Like any other successful entrepreneur out there, Wes does not rest on his many achievements and he ranks among top billionaires in the world.