Wes Edens’ Career at Fortress Investment Group

Posted on May 5, 2018

Wes Eden is the co-founder of Fortress Investment Group, a private equity bank based in Midtown. He is serving as the co-chief executive officer of the company as well as the owner of Milwaikee Bucks basketball team. He attended Capital High School and later joined Oregon State University for his Bachelor’s degree in Finance. With an experience in finance and management, he has become one of the best leaders in the banking sector.

Foundation of Fortress

Wes Edens co-founded Fortress Investment Group in 1998, and currently serves as the co-chairperson of the company’s board. At the company, he has the role of heading both the private equity and publicly traded alternative investment businesses. As the co-owner of the company, Wes Edens recently announced that Fortress Investment Group would be the one launching Milwaukee Bucks, a new eSport franchise which he co-owns. According to several online reviews, many employees have claimed that they are contented with working at Fortress while interns express their appreciations for being able to learn a lot.Because of his leadership at the company, Wes Edens has been mentioned among the top leaders in the private equity industry by the New York Times. He also appeared on the list of the highly paid private equity executive, parting with “take-home pay” per year of a total of $44.4 million. This included a total of $41 million in dividends he received as the shareholder of Fortress Investment Group and another $13.4 million of annual compensation from the company.

Giving back to the society

Wes Edens has made several contributions in the society. In the political arena, he once supported Max Baucus who was vying for Montana Senatorial seat as well as other political candidates and parties by contributing up to $265,000. He has also contributed over $2.7 million to several NGOs and learning institutions. He is currently serving as a trustee at Chinook Charitable Trust. Many other organizations have benefited from Wes Edens’ generosity including University of Florida, Santa Barbara Museum of Natural History, Environmental Advocates of New York, North Salem Open Land, Autism Speaks, and Student Sponsor Partners.

Key interests

Just like any other person, Wes Edens has passion and hobbies. The most interesting activity for him is mountain climbing. He enjoys climbing mountains, and as a result has climbed several mountains such as the Matterhorn Mountain in Switzerland and Pingora Peak and Grand Teton in Wyoming. His greatest dream is to climb Mount Everest.


Categories: Investing, Investment Guidance

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