Wes Edens co-founded Fortress Investment Group, a global investment management company, in 1998. He currently holds two titles with the company, Co-Chief Executive Officer and a member of the board of directors. While he takes on several responsibilities within the company, he in charge of Fortress’ private equity and publicly traded alternative investments. Prior to Fortress Investment Group, Edens was a partner at BlackRock Financial Management where he also served as managing director. While working for BlackRock, Wes Edens held responsibility over the company’s a private equity fund.
One of the major projects that Wes Edens and Fortress Investment Group have taken on is the development of Brightline, a high-speed train connecting Miami to Fort Lauderdale. The distance between the two cities is a mere 30 miles, however, the amount of traffic would make you think otherwise. With Brightline, the travel time between the two cities will be 30 minutes, a huge improvement to the hours long commute people driving their own car have. In addition to a faster travel time, Brightline has free Wi-Fi and a food service that people can take advantage of. The hope is to eventually extend the train from Miami to Orlando.
In addition to his work at Fortress Investment Group and involvement with Brightline, Edens is a co-owner of the Milwaukee Bucks, an NBA basketball team. He purchased the team, along with Marc Larsy in 2014 for a grand total of $550 million.
Wes Edens isn’t letting his love of sports stop there. It was recently announced that Wes Edens, along with Egyptian billionaire Nassef Sawiris, would be buying a majority stake in the Aston Villa, an English soccer team. It is widely believed that they will be paying roughly $39 million for a 55 percent stake in the team.
Aston Villa missed joining the Premier League last season, and, instead plays in the Championship division. It is Edens hope and goal that he, along with Sawiris, will be able to strengthen the team so that they can return to the Premier League, where they belong. Billionaire Sawiris, Edens to Buy Aston Villa Soccer Club