Wes Edens co-founded the alternative asset management company Fortress Investment Group in 1998 after previously working as a Managing Partner at BlackRock Financial Management. He began his career in the financial industry in 1987 when he secured a position at Lehman Brothers and became its Managing Director and Partner shortly after graduating from Oregon State University, where he earned a Bachelor of Science degree in Finance and Business Administration.
In addition to being a part of the financial management industry for several decades, he is also a sports fan who has invested in a few sports teams like the NBA team the Milwaukee Bucks, which he purchased for $550 million in 2014, promising its fans that he would keep its headquarters in Wisconsin instead of moving it to a new location. He also acquired a soccer team called Aston Villa with the help of Egyptian billionaire Nassef Sawiris. His goal for purchasing this team was to get them back on track to becoming as successful as they had been in the past.
Another endeavor Wes Edens took on was coming up with a transportation solution that would allow people living in South Florida to get around better. He owns the Brightline Train, which is a passenger train service that was opened up in May of this year, making its first run from Miami to Fort Lauderdale. The trip only took 30 minutes, a lot less time than it would’ve taken if a commuter had used a ride-share service like Uber, and at $10 a ride, it’s more reasonably priced.
The Brightline Train can reach a speed of 80 mph, which means that it can get people to their destinations faster. It is considered to be an ideal solution for commuters who want to go to places that are too far to drive to but too short to fly to. Because of its success, Wes Edens thinks that this type of innovative transportation service will also work well in many other major U.S. cities.
A married father of 4 children, Wes Edens also owns an e-sports team called Fly Quest, which is part of the League of Legends video game.