The Fortress Investment Group began in 1998 as a dream of five principal partners. One of those partners was 45-year-old Wes Edens. Wes Edens is happily married with four children. His two dollars are well known in the world of modeling and have Instagram accounts with millions of followers. He is worth $2.5 billion because of his work with the Fortress Investment Group which places him on Forbes list of top billionaires.The Fortress Investment Group is an alternative asset management company. According to the Wall Street Journal, they use a creative strategy for investing where they create businesses that continue to provide cash flow the Fortress Investment Group over time. Sometimes they do not just invest in the business, they completely by the business in order to enjoy its revenue.
Wes Edens has his specialty in the areas of private equity. These private equity businesses often specialize in transportation and infrastructure, financial services and media, real estate, and healthcare. In the area of private equity the Fortress Investment Group currently manages $6.5 billion. In the area of credit private equity the Fortress Investment Group currently manages $15.1 billion. When you think about this, Wes Edens manages over 30% of all the funds at the Fortress Investment Group. Really they could not have chosen a better person than Wes Edens. He is known around the globe for his wisdom and the real estate market. One of the core competencies at the Fortress Investment Group is that they are asset-based.
Wes Edens believes in investing in companies that provide a consistent cash flow over a period of time. He has become an industry expert in managing physical locations and pricing them accordingly. These capital assets have provided a long stream of income for the Fortress Investment Group.Wes Edens was instrumental in the $3.3 billion deal that they made with the Japanese private equity firm. This is a nonvoting share that benefit both parties. He also led the company to sell 8% of its own shares to the public. The current value based on the stock market puts 8% of the company at $600 million.Wes Edens continues making money due to the fact that he is the co-owner of the Milwaukee Bucks. He manages his team along with Marc Larsy. He also owns the League of Legends team Fly Quest. He is in innovative entrepreneur who grows his net worth.