One of the brilliant minds behind the success of Fortress Investment Group is Wes Edens, and he is the group’s co-founder, co-chairman and the head of the private equity. At 55, Wes is known all over the world, owning shares in several firms and even performing management roles in them. He is responsible for investment and public equity at Fortress Investment Group. For this, he earns about fifty-four million dollars per year.
Born in 1961, Wes Edens received a BSc in Finance and Business Administration in 1984 from the University of Oregon. In 2008, Edens was at position 962 of the wealthiest men in the world, and his various investments have seen his wealth grow since then. At Fortress Investment Group, he incorporated his management skills in the operations of the firm. It encouraged customers to be loyal because the customer care department ensured they were satisfied. Wes Edens developed strategies to grow all the firms he managed or even owned to become the best in their firms. To add on this, he ensured the companies performed corporate social responsibility; through supporting infrastructural developments programs hence giving back to the community. It helped in building better relations with the community. Therefore, the number of customers kept increasing.
Wes Edens is also known for his love for basketball. It saw him buy a professional basketball club, together with another businessman, Marc Lasry. The Club, known as Milwaukee Bucks is located in Wisconsin and it cost them half a billion dollars at the time. He set aside funds to build a better stadium for the club, which showed how dedicated he was in restructuring the club to make it more competitive. Eden enjoyed interacting with the players and spending time with them. In fact, whenever he is with the payers, Wes usually shares his adverse knowledge in finance and investment. He encourages the players to save to avoid being broke upon retirement, which is a common thing for players despite them having successful careers. The players, therefore, have gained skills in investment and will have fewer chances of becoming poor.
With such amazing skills in investment and finance, Wes Edens truly affected everyone he contacted. He brings out the best of everything he touches, including the companies he manages. Employees from different firms such as FIG are lucky to work behind this investment genius as he improves their skills by creating a comfortable working environment. He inspires many people in the world.
Wes Edens’s Facebook Page: www.facebook.com/public/Wes-Edens