Wesley Edens is a co-founder of Fortress Investment Group, an investment company specializing in private equity. The company was established in 1998 and is headquartered in New York City. In 2015, the net worth of Edens as a person was around $2.5 billion.
Edens is known for his various charitable contributions, in which he has donated money mainly to higher education institutions across the world. For instance, Wesley Edens had contributed $8 million to Cornell University to construct its brand new football field. He is currently the owner of Milwaukee Bucks (the basketball team) and FlyQuest (the esports franchise).
Wesley Edens was born in 1961 to Roberta and Lynn Edens. Lynn was a stockbroker, while Roberta was an art dealer. He has two siblings named Jeffrey and Jody.
Edens studied at Oregon State University, where he graduated with degrees in finance and business administration. Wesley Edens later started his professional career working as a managing director at BlackRock Financial Management Inc.
Wesley Edens and his partner, Randal Nardone, had acquired the Fortress Investment Group in 1998 for $600 million, thus becoming co-owners of the firm. Wesley Edens had risen to become its principal owner after amassing an approximate 28% stake in 2013. The business was established in 1997 by its founders, namely Rob Kauffman, Peter Briger, and Randal Nardone.
Although Wes Edens has had a slow start with his business career, he is one of the most influential investors globally, with holdings all over the globe. He used to be a professional basketball player and was part of the championship team in 1987. The same year, Edens had graduated from Oregon State University with degrees in finance and business administration.
Edens is currently playing an integral role for Fortress Investment Group, established in 1998 after buying it with his partner, Randal Nardone.