Wes Edens graduated from Oregon State University and quickly entered the business world. He took a California Savings and Loan position before joining Lehman Brothers. Following his stint as a managing director there, Wes joined Blackrock Financial Management. From there, he went and founded Fortress Investment Group in 1998. More recently, he bought the rights to the Milwaukee Bucks in 2014 and launched an esports team in 2017.
Mr.Edens Owns a Signicant Share in the English Championship Football Club
Wes Edens became a significant stakeholder in the English Championship football club. Along with Nassef Sawiris, he was excited to become a part of the club. The deal is hoped to bring new life to the ailing franchise, and Dr. Tony Xia was supportive of the exchange. Go Here for related Information.
Wes Loves to Summit Mountains
Despite drawing flak in 2014, Wes Edens is a committed family man. His daughter represented the Milwaukee Bucks that year, and he has four other kids with his wife.
He Enjoys Riding Horses
From 2010 to 2015, Edens underwent three major surgeries after suffering horse-related injuries. These included a herniated disc, torn tendon, and a broken arm.
His Philanthropic Side Is Quite Impressive
Besides being a successful businessman, Mr.Edens has a distinct love of philanthropy. He donated $1 million to GiveWell between 2011 and 2016, and he gave $90,000 to Chinook Charitable Trust. Moreover, he gifted $70,000 to Marth’s Vineyard Hospital between 2006 and 2010.
He Has Been Called the King of Subprime Lending
He became a major lender once he purchased 80% of Springleaf Financial Services in 2010. Five years later, he had grown his initial investment to more than 27-times its original value. As a result, the Wall Street Journal named him the “new king of subprime lending.”