Interesting Facts about Wes Edens

Wes Edens has spent his entire life setting and achieving exceptional goals. He has been a highly ambitious person since his college career. Upon graduating from Oregon State University, he immediately took a position with California Savings and Loan. After leaving the company and working briefly for Merrill Lynch and Smith Barney, he then served as partner and managing director of Lehman Brothers until 1993. He went to work for Blackrock Financial Management, where he founded Fortress Investment Group in 1998. While increasing domain into debt securities and real estate investments, Fortress Investment Group went public in 2007; as a result of this expansion, Wes Edens acquired billionaire status.

In 2014, he acquired the Milwaukee Bucks and in 2017, he launched Flyquest, an esports team ( ). Edens has been a lifelong basketball fan. He and Mark Lasry collaborated to buy the Milwaukee Bucks for 550 million dollars. They were both determined to keep the team located in Milwaukee. In addition, they also pledged 200 million dollars to the building of a new arena in the city. In addition to his professional success, Edens enjoys a range of extra-curricular activities: mountaineering, horseback riding, and philanthropy. He has climbed some of the world’s largest mountains: the Grand Teton in Wyoming, Matterhorn in Switzerland, and Pingora Peak in Wyoming’s Wind River Range.

Although he is also an equestrian, he has sustained three injuries from 2010-2015: a herniated disc, a torn tendon in his finger, and a broken arm. Surgeries were required for each of his injuries. Wes Edens has donated millions of dollars to charitable and educational foundations, including: Macalester College and Martha’s Vineyard Hospital. He is a trustee of Chinook Charitable Trust and has donated over $90,000 to health and educational causes. Wes Edens has been labeled as the “New King of Subprime Lending” by the Wall Street Journal. Only five years after his initial investment in Springleaf Financial Services, the company’s value had expanded to 3.5 million. Eden has been given the title: “Distinguished Business Professional” by Oregon State University. He is a devoted family man and has four children with his wife, Linda.

Leave a Reply

Your email address will not be published. Required fields are marked *