There are many business leaders in the world who determine the temperature of the economy but there are the real shakers and movers of the global economy. One of such exceptional guru is Wes Edens who has built such a long and beautiful portfolio over years. The number of companies and leadership positions he holds are a great indicator of his great achievements. Did you know that this indomitable American billionaire has held more than 50 positions in his career life? Well, now you know.One of the major companies that perhaps most know Wes Edens is an investment banking management firm known as Fortress Investment Group which is based in NY City. He is one of the masterminds behind the foundation of this firm when they come up with such an idea 20 years ago. The fortress was founded in 1998 by Wes Edens, Rob, and Randal Nardone. In 2007 during its launch into public, the guys became billionaires after the IPO and since then the company has been doing very well. As matter of fact, at the closing of the financial year 2015-2016 on June the firm was managing around $70.2 billion in form of assets, hedge funds, private equity and credit funds.
Having been the Private Equity Chief Investment Officer, Co-Chairman, President of private equity and the Principal in the Fortress, he has seen the company through various achievements and awards like being named by the HFMWeek as the “Management Firm of The Year” in 2014, Credit Focused Fund of the Year 2011 and 2012 and also named by Institutional investor in 2014 as the “Hedge Manager of the Year”. All these awards and great performance put it at the peak of many admirers including Softbank Group Corp. which entered into the agreement of buying the firm for $3.3 billion. Despite Softbank purchase of the bank, Wes Edens and his two colleagues, founders and principals will continue working and heading the bank.
This legend is an expert in private equity and investment matters. He has served in various companies and organizations including BlackRock Financial Management and Lehman Brothers where he served as the Managing Director and a partner. He has been the Chief Executive Officer at Eurocastle Investment, Global Signal, Impac Commercial Holdings, and Newcastle Investment Holdings among others.Wes Edens has been the Director, Chairman and Board Member of very many firms including Pinnacle Holdings, Penn National Gaming, and Intrawest Resorts Holdings etc. The hero studied at Oregon State University for B.Sc. in Finance and Business Administration. He is the Co-owner of an NBA club known as Milwaukee Bucks; that’s basically who this legend is.