Wes Edens: Becoming a Successful Businessman

Wes Edens is a successful American businessman most well-known for his involvement in the founding of the Fortress Investment Group and being the owner of FlyQuest and Milwaukee Bucks. Wes Edens graduated from the Oregon State University, and he received a degree in business administration and finance. After he graduated from the university, he tried to apply for a job, and the Lehman Brothers hired him. Wes Edens started to learn more about the business industry and securing a position at the Lehman Brothers helped him increase his knowledge of how the financial world works. He would be working with Lehman Brothers for six years until a better opportunity from the BlackRock Asset Investors came. He left his first company for a better opportunity and thanked everyone who has mentored him to become better.

He will be working for the next four years as a managing director for the BlackRock Asset Investors, and during his stay with the company, he perfected his knowledge on how an investment would grow in the shortest period possible. He would, later on, require his colleagues to establish a new company in 1998. The Fortress Investment Group was created because Wes Edens and his colleagues thought that a financial firm would earn the most considerable profit. They were never mistaken with the decision to establish the Fortress Investment Group, as the company started to become profitable in a matter of months. Many investors have seen the potential of the company, and it rained investments.

After earning a lot of money from their business, Wes Edens and his colleagues decided to offer the company for trading, and they debuted at the New York Stock Exchange in 2007.More than $600 million were traded away to the public, equivalent to almost 8% of their total shares. Back at the Fortress Investment Group, he was promoted to become a co-chairman of the board of directors, helping their company to survive the global recession in the late 2000s. Knowing that he could still earn more, Wes Edens decided to invest in sports. He bought the Milwaukee Bucks and FlyQuest, and he manages their games. He promised a new arena to be built for his team, and he sponsors the players who are traveling around the world to battle. Wes Edens contributed a lot to the growth of their company, and he is attributing all of their success to their cooperation and desire to become the best in the industry.

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