Wes Edens the Philanthropist and Business Icon

Wes Edens has secured himself a name among men for his business leadership, philanthropy and investment in America. He is the ‘Fortress Investment Group’ co-founder and the owner of one of Milwaukee Bucks, a team in the basketball association. Fortress Group has continued to thrive under his leadership since its founding in 1998.

‘Fortress Investment Group’

Today this group is a leader in alternative asset management at a global scale. Though the group was initially a boutique private equity, Wes Edens has been able to stir the capricious financial waters and grow the group’s market to reach international customers. The group today manages more than $42 billion for its local and international clients.

‘New Fortress Energy’

Wes Edens determination to invest and grow saw the creation of the ‘New Fortress Energy’. The company purposes to give modern infrastructure solution for the creation of cleaner energy at the same time generating a positive worldwide economic impact. This company started when Wes Edens felt the desire to improve the ‘Florida East Coast Rail’: another of Fortress portfolio. He wanted the freight rail to operate on cleaner fuel. This desire led to the building of a liquid gas facility in Miami.

Professional Sports

In 2014, his new venture was into the sports business by buying into Milwaukee Bucks, a basketball team. This team has grown in leaps and bounds. Though the team was not enjoying celebrity, Edens arrival and injected capital has helped with morale and performance. ‘Aston Villa Football Club’ is another sports club he has invested in with the partnership of Naseef Sawiris of Egypt. He hopes to push for better transfers and to also get the team back to the prestigious ‘Barclays Premier League’. Still in sports, Wes Edens has ventured into e-sports. This market was able to generate $500 million in 2016 as revenue. Flyquest is the e-sports franchise that he acquired.

Philanthropy

Philanthropy has also made Edens a name in the world of men. His philanthropic activities and that of his wife Lynn, is felt not only at home, but also internationally. The couple has been in the frontline supporting ‘Martha’s Vineyard Hospital’, the ‘Samuel Waxman cancer Research Foundation’, Santa Barbara Museum of national History’ and ‘The University of Florida Foundation just to mention a few.

 

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