Legendary investment professional Wes Edens has made a name for himself due to his incredible concepts in the investment industry and is best known for his major successes with Fortress Investment Group. He is also a huge sports fan and a pro sports owner. In 2014, Wes Edens purchased the NBA’s Bucks and the team has come quite a long way during his ownership tenure. This last season, the team attained a number one seed in the playoffs, a big accomplishment considering where the team came from before Wes’s purchase. This really isn’t a surprise considering how successful Wes has been with pretty much every endeavour he has involved himself in. He currently has a net worth in excess of $1.6 billion and the story of how he got to that point is fascinating.
1987 was a major year in the career of Wes Edens. It was during that time period that he landed a job with Lehman Brothers. He continued with the firm in the role of Managing Director from 1987 until 1993. This was a truly formative experience for Wes due to the wealth of knowledge that he attained in this job. His success with Lehman Brothers led to Wes joining the investment firm known as BlackRock. While at the firm he became a partner and served in the capacity of Managing Director. He continued with the firm until 1997 and it was then that he launched into the business move that he is most well-known for.
The year following his exit from BlackRock was the year that Wes Edens was involved in the formation of Fortress Investment Group. Along with his co-founders of Randal Nardone and Rob Kauffman, Wes helped to create one of the most respected institutions in the global investment industry and a company that has had many banner moments over the course of its history. 2007 was a huge year at Fortress due to the company putting up its IPO. 2017 was another major accomplishment for Wes and the Fortress team when the company joined the SoftBank family of companies. These landmark achievements have all helped him to accumulate the impressive net worth that he currently enjoys.