Wes Edens Achievements In Entrepreneurship

Wes Edens Achievements in Entrepreneurship

Wes Edens is one the successful American investors who have invested in numerous sectors. Edens is popular for his love for sports. He is one of the most successful investors who earned a lot of profits from the sports sector. Wes Edens is among the founders of Milwaukee Bucks which is National Basketball Association. The team has earned him a lot of profits since among the best basketball team in America. As per 2017, the Milwaukee was said to be worth 1 billion dollars. Apart from his investment in sports, Edens is also among the founders of the American biggest Investment firm, Fortress Investment Group. Wes has also started the New Fortress Energy which is the latest venture of the Fortress Group.

Wes Edens Investment Ventures

Edens has played a big role in the success of the Fortress Investment Group which manages assets worth 70 billion dollars. Fortress Group manages various investments which include real estate investments and providing debt securities for their clients. The company started as a small investment firm that was based in America but within a short period, it had expanded to various parts of the world including Britain where they also have offices in London. Edens has contributed a lot of things the company using his skills of placing bids on other companies and creative financing.

In the year 2009, Edens became one of the chairs of Fortress Company and he assisted the company regains from the loss it suffered following the Subprime mortgage crisis which had seen the company’s stalks head down to below a dollar. Wes Edens was also approached by the company to serve the role of a chair for Fortress Transportation and Infrastructure Investors. During his one tenure as the Transportation Investment’s chairman, Wes was able to bring a lot of improvements to the department. Following his experience he gained from Fortress transportation department, Edens recently decided to venture into transport investment by launching the first private passenger train in Florida. The train operates between Miami and Fort Lauderdale a distance that is supposed to take 45 minutes.

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