As one of the top executives of Fortress Investment Group, Wes Edens was responsible for managing billions of dollars in alternative assets for the company’s many clients. Having co-founded the business in 1998, along with partners Randal Nardone and Rob Kauffman, the investment expert helped push it to the leading position when it comes to investment firms in its category. By February of 2007, Fortress had experienced so much growth that it became the first large firm of its kind to be publicly traded on the New York Stock Exchange.
Before helping start Fortress Investment Group, Wes Edens worked as a Managing Partner and Director at Lehman Brothers for 6 years, and was also a Managing Partner at BlackRock Financial Management. He majored in Finance and Business Administration at Oregon State University, and earned a Bachelor of Science degree in 1984 before he began his long career in the financial industry. On top of being an investment executive, Wes Edens is also the private owner of the Brightline Train, a transportation system in the state of Florida that provides people in the area with a better and less expensive way to get around.
The Brightline Train hits a high speed of 80 mph, and it made its first run in May of 2018, going from Miami to Fort Lauderdale in only 30 minutes, much less time than it would have taken a car service such as Uber to reach that destination. The passenger train has comfortable leather seats, free WiFi and even food offerings, and a one-way ticket to ride it only costs $10, which is very reasonable when compared to what it would cost to use the alternative ways to travel across South Florida.
Wes Edens is also a sports enthusiast who owns the NBA team known as the Milwaukee Bucks, which he purchased in 2014 for $550 million, and he and Egyptian billionaire Nassef Sawiris, bought a struggling soccer team called Aston Villa in order to help them regain the type of success they’d previously experienced. The married father of 4 additionally owns a League of Legends e-sports team called Fly Quest.