Wes Edens is a well-known investor, entrepreneur, and business leader in the United States. He is the co-founder of Fortress Investment Group which came into existence in 1998. He also owns the National Basketball Association’s, Milwaukee Bucks. He has played a vital role in the industry thus posing a positive impact on the lives of the people. Fortress has managed over 42 billion dollars the world’s best investors.
Edens is known for being one of the investors who know how to save and also creative. The company has played crucial roles in various sectors of the economy such as energy and infrastructure, media, real estate, and healthcare. Fortress is well known for funding an inter-city passenger rail system that runs from Miami to West Palm Beach. The institution is planning on extending the line to Las Vegas and Orlando thus becoming the first privately-funded rail in the US.
Wes Edens has come up with a company which provides cleaner reliable energy. The company produces liquid natural gas which is eventually used in transportation projects. New Fortress Energy delivers the gas to Jamaica and other local industries. The company has a vision of installing electricity to all households using their energy.
Wes has also played a significant role in the world of sports. He and his partners owned the NBA’s Milwaukee Bucks in 2014 which has lately shown great change. The team won the NBA championship in 1971 and are currently doing great in the 2018-2019 season. On purchasing the team, they agreed with the previous owner on building a basketball stadium. This arena has a capacity of 17,500 seats and currently hosts events and concerts since its completion in 2018.
Naseef Sawiris, an Egyptian billionaire and Wes Edens acquired Aston Villa Football Club since they had a majority of the shares. Their aim is to return the club in the premier league where it was a founding member. Edens and his wife established the Edens Professorship in Global Health at Macalester College with an objective to educate students on the health challenges affecting the globe.
The couple has helped an organization called Partners in Health to bring modern medical facilities to the patients. They have been major donors in the organisation for over ten years now. Wes Edens advises the young players to know how to save since most of them when retiring is declared bankrupt.
For details: www.industrialareasfoundation.org/topics/wes-edens