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PROFILE. Wesley Edens. $3.8B. $33M (0.87%) Real Time Net Worth. as of 5/16/24. #871 in the world today. Photo by Nick Potts/PA Images/Getty Images. About Wesley Edens. Wesley Edens...
- What Is Wes Edens' Net Worth?
- Early Life and Education
- Career Beginnings
- Fortress Investment Group
- New Fortress Energy
- Cincoro Tequila
- Sports Ownership
- Personal Life
- Real Estate
Wes Edens is a billionaire businessman and private equity investor who has a net worth of $3.6 billion. Wes Edens earned his fortune as the co-founder of Fortress Investment Group. He has also invested substantially in the world of sports, and is the co-owner of the NBA franchise the Milwaukee Bucks and the association football holding company V Sp...
Wes Edens was born on October 30, 1961 in Helena, Montana. As a teenager, he was involved in competitive skiing. For his higher education, Edens went to Oregon State University, from which he earned his BS in 1984.
Edens started his career at Lehman Brothers in 1987. There, he was a partner and managing director until 1993. After that, Edens joined the private equity division of the company BlackRock, where he stayed until 1997.
In 1998, Edens, Rob Kauffman, and Randal Nardone founded the investment management firm Fortress Investment Group in New York City. The firm quickly expanded into hedge funds, debt securities, and real estate investments. Fortress went public on the NYSE in early 2007, in the process becoming the first large private equity firm in the country to be...
In 2014, Edens founded New Fortress Energy, a global natural gas supply and infrastructure company. The company aims to become one of the leading producers of carbon-free energy in the world, and to exist as a net zero emissions company. In 2019, New Fortress built a nearly $1 billion floating LNG terminal in Jamaica's Old Harbour Bay to help make ...
Along with Michael Jordan, Jeanie Buss, Wyc Grousbeck, and Emilia Fazzalari, Edens co-founded Cincoro Tequila in 2016. The brand produces four tequilas: a blanco, a reposado, and two different añejos. Using agave hand-selected from two regions in Jalisco, Cincoro ages its tequila in American whiskey barrels for 10 to 14 months on top of the regulat...
Passionate about sports, Edens has invested substantially in the ownership of sports teams. In 2014, he and Marc Lasry purchased the NBA franchise the Milwaukee Bucks for $550 million, vowing to keep the team in Wisconsin and build a new arena. The arena, called the Fiserv Forum, opened in the summer of 2018. A few years later, Edens saw the Bucks ...
With his wife Lynn, Edens has four children. Their youngest, Mallory, appeared as the representative for the Milwaukee Bucks in the 2014 NBA draft lottery. Mallory Edens has been rumored to be romantically linked to Aaron Rodgers. Edens is the builder and owner of Caldera House, an eight-room boutique hotel and private ski club located in Jackson H...
In October 2020 Wes Edens paid $20 million for an apartment in New York City. The 7,000 square-foot condo had at one point been listed for $50 million. The apartment has a private 2,000 square-foot rooftop terrace. From 1993 to 2017 he owned an apartment overlooking Central Park West. He sold this apartment to Bruce Willisin 2017 for $17 million.
Wesley Robert Edens (born October 30, 1961) is an American billionaire businessman and private equity investor. He is the co-founder of Fortress Investment Group and founder of New Fortress Energy. Edens is co-owner of the Milwaukee Bucks franchise of the NBA based in Milwaukee, Wisconsin.
- Lynn Edens
- Private equity investor
Mar 23, 2023 · Wes Edens, worth an estimated $3.5 billion, founded Fortress Investment Group in 1998. He grew up on a ranch in Montana, is married with four children, and co-owns the Milwaukee Bucks.
- Talia Lakritz
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Apr 16, 2024 · Edens, the chairman and founder of the Fortress Investment Group and founder of New Fortress Energy, had partnered with Lasry to purchase the Bucks from Kohl for an NBA-record $550 million.
Sep 27, 2022 · WESLEY EDENS Team: Milwaukee Bucks, Aston Villa Source of Wealth: Investments Net Worth: $5.5 Billion (Returnee)
May 26, 2019 · Wes Edens is the owner of the Milwaukee Bucks and father of Instagram viral star Mallory Edens. The hedge fund investor is worth $1.65 billion.
