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Wes Edens Biography

Wes Edens is the co-founder and CEO of Fortress Investment Group LLC, a financial firm based in New York City. He also serves as the Chairman of Fortress’s Board of Directors. Wes Edens is one of the most successful businessmen in the United States, with a net worth of $3.9 billion as of March 2018.

Wes Edens attended the University of Wisconsin–Madison, earning a bachelor’s degree in business administration. After college, Wes Edens worked at Lehman Brothers for two years before starting his financial firm, Fortress Investment Group LLC. The company has since grown to be one of the most significant hedge funds in the world.

In addition to his work at Fortress Investment Group LLC, Wes Edens also serves as the Chairman of Fortress’s Board of Directors. He owns a wide range of other businesses and investments. These include an ownership stake in basketball team Milwaukee Bucks, an ownership stake in digital media studio Polygon Media, and an ownership stake in esports team Team Liquid.

Wes Edens Businesses

Wes and his childhood friend Mike Novogratz founded Fortress Investment Group. The Fortress is one of the largest independent investment firms in the world, with over $ 50 billion in assets under management. Wes has been involved in several significant transactions, including Fortress’s acquisition of Control Risks Group, Fortress’s investment in The Weinstein Company, and Fortress’s investments in several sports teams, including the Atlanta Braves and New York Mets. Wes is also a member of the Board of Directors at Expedia, where he serves on the Audit and Compensation Committees.

Conclusion

Wes Edens is an entrepreneur and investor with a net worth of $3.8 billion as of March 2019. He co-founded Fortress Investment Group, the largest hedge fund in the world by assets under management. Wes also invested in the NBA team Milwaukee Bucks and Formula 1 racing team Mercedes GP. Wes has been involved in numerous other businesses, including The Jersey Shore, Oprah Winfrey’s Harpo Productions, and several casinos. In 2011, he became the first individual to be inducted into both the New York Stock Exchange Hall of Fame and the Museum of Modern Art’s Design Innovation category.