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Wes Edens Places His Bets And Wins

Posted on 24 November, 2018 in Business, CEO, Company, Investment

Coined the “New King of Subprime Lending” by the Wall Street Journal, Wes Edens is an investor of industries including media, financial services, healthcare, real estate, infrastructure, and transportation. He owns the luxurious hotel Caldera House. Notably, he became a co-owner of the Milwaukee Bucks and plans to now open a brand new arena for the NBA team. This will be an approximate cost of $524 million dollars. Wes Edens’ efforts will contribute to the economic growth in the downtown area of the city of Milwaukee. In fact, He plans and has promised to keep the structure right in Milwaukee. Read more about Wes Edens at Industrial Areas Foundation.

Wes Edens also has a major hand in an English soccer club called Aston Villa. He graduated from Oregon State University and earned his college degree in finance and business administration in 1984. He was able to work in a small bank way in San Francisco but then was encouraged to consider Wall Street. He made the trek to New York and worked at Lehman Brothers then BlackRock in 1993. 1998 was the year he was able to branch out and begin Fortress. Separately, he founded New Fortress Energy which provides clean energy projects in the US and in other countries as well. Fortress has given Wes Edens his fortune where he is still co-CEO. Growing up in Montana, exploring the outdoors, Wesley Edens the son of a psychologist and school teacher was once a competitive skier. He even rock climbs around Jackson, Wyoming on occasion. Wes Edens was influenced by a 19th century founder of standard oil and developer of railways as well as hotels in Florida, Henry Flagler. This gave him the idea to undertake railroad. He establish Brightline which plans to place tracks from West Palm Beach, Florida to Orlando, Florida and then on to Tampa, Florida.

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