NBA Team Owner And Financial Executive Wes Edens

In 1998, along with partners Rob Kauffman and Randal Nardone, Wes Edens co-founded Fortress Investment Group, the first large private equity firm to be publicly traded on the New York Stock Exchange. Before this venture, he was a Managing Partner at Black Rock Financial, and at Lehman Brothers. He received his Business and Finance training at Oregon State University, where he earned a Bachelor of Science degree in his field of study in 1984. As one of the key leaders at Fortress, he helped move the company into rapid growth, and it went on to manage billions of dollars in alternative assets for clients all over the world. Read more about Wes Edens at newfortressenergy.com

Wes Edens also has a strong interest in sports, and his passion for athletic games, both in the physical sense and in the online genre, led him to venture into acquiring the ownership of the professional basketball team called the Milwaukee Bucks, which he purchased for more than $500 million in 2014. After securing the NBA team, Wes Edens promised its fans that he would keep the organization in the state of Wisconsin. In addition to that, he bought the Aston Villa soccer team, along with some financial backing from Egyptian billionaire Nassef Sawiris. He is also involved in e-sports as the owner of a League of Legends team called Fly Quest.

The Brightline Train in Florida is another project that he launched after thinking of a better way for commuters in that area to get around. He is the first private owner of a passenger train system in the US. The innovative method of transportation reaches a top speed of 80 mph, and in May of 2018, on its first run, it went from Miami to Fort Lauderdale in only 30 minutes, much quicker than a car service would have made it to that destination. The Brightline Train has comfortable seating, free Wi-Fi and food service.

Wes Edens feels that several other major cities like Houston, Dallas, Atlanta, Charlotte, Chicago and St.Louis, would benefit greatly by using this transportation service. The Fortress Investment Group co-founder and financial expert is a married father of 4 children.


Click here to learn more: https://www.fortress.com/about