Businessman Wes Edens is a graduate of Oregon State University. He graduated in 1984 with a degree in finance and business administration. After working for a few companies, he moved to New York City in 1987 where he got a job working at Lehman Brothers. When he left in October 1993 he was a partner and managing director.
He next worked for BlackRock Financial Management Inc., also as a partner and managing director. It was at this company that he first raised capital for a fund. He used this experience to co-found his investment firm, Fortress Investment Group, LLC. He is the private equity chief investment officer and a co-chairman. He has also been co-chief executive officer since 2017.
According to the Milwaukee Business Journal, Wes Edens earned $54 million from Fortress Investment Group in 2016. He earned a base salary of $200,000. He earned $1.1 million from stocks awarded to him. He earned a bonus of $11.6 million. He also received another $478,493 in what was listed as “other compensation.” Read article about Wes Edens at gazetteday.com
In 2014, Wes Edens bought his first sports team. Along with Marc Lasry, he bought the Milwaukee Bucks for $550 million. Under the purchasing agreement, they had to replace this team’s facility. They spent over $100 million building the Fiserv Forum. Since he bought the team, it has risen in value to $1.35 billion.
More recently, Wes Edens invested in the Aston Villa Football Club, a storied franchise in England. When he bought this team, it had just failed to return to playing in the Premier League. This league is one of the most respected leagues in sports globally. Some of the most famous players to have been in the Premier League include David Beckham and Christiano Ronaldo.
Unlike sports in the United States, if a team doesn’t do well they drop out of their league into a lesser one. This is what happened to Aston Villa F.C. Wes Edens says his goal is to swiftly return the club to the Premier League. The club has begun to make savvy player moves to upgrade the roster with better players. Learn More: https://www.dailyforexreport.com/wes-edens-leader-philanthropist/