|Real Name/Full Name:
|Wesley Robert Edens
|62 years old
|October 30 1961
|Montana, United States
|Children/Kids (Son and Daughter):
|Yes (Mallory Edens, Madison Edens)
|Yes (Lynn Edens)
|Is Wes Edens Gay?:
|American Businessman and investor
|Net Worth in 2024:
Wes Edens is an American businessman and a private equity investor whose full name is Wesley Robert Edens, and he is also the co-founder of Fortress Investment Group and the New Fortress Energy. He is also the co-founder of the Milwaukee Bucks, which is an NBA franchise currently based in Milwaukee, Wisconsin. He is also the owner of the eSports team FlyQuest. He is also the majority shareholder of the Primary League Club Aston Villa along with Nassef Sawiris in July 2018.
Maybe you know about Wes Edens very well, but do you know how old and tall is he and what is his net worth in 2024? If you do not know, we have prepared this article about details of Wes Edens’s short biography-wiki, career, professional life, personal life, today’s net worth, age, height, weight, and more facts. Well, if you’re ready, let’s start.
Early Life & Biography
Eden was born on October 30, 1961, and he was born in Montana. From his teenage years, he was a competitive skier, and later, he received a B.S. in Finance and Business Administration from Orgon State University in the year 1984.
Wes Edens got married to Lynn Edens, and together they both have four children. His youngest daughter, whose name is Mallory received a lot of controversial media attention when she appeared as the Milwaukee Bucks’ team representative in the 2014 NBA Draft Lottery. She appeared again in the 2019 Eastern Conference Finals. His main hobbies are skiing, mountain climbing, and horse jumping.
Age, Height, and Weight
Being born on October 30 1961, Wes Edens is 62 years old as of today’s date 21st February 2024. His height is 6’2’’ tall, and his weight is 80 kg.
He started his career at Lehman Brothers, and there he was a partner and the managing director until 1993. Later he went to BlackRock’s private equity division, which is known as the BlackRock Asset Investors, and there he remained until 1997. He was a partner and a managing director there.
He was also one of the principal partners and founders of Fortress Investments, and the other four members were Peter (Pete) Briger, Jr., Randal (Randy) Nardone, Robert (Rob) Kauffman, and Michael Edward (Mike) Novogratz. The firm was founded in 1998, and Edens’ investment style was then described in 2007 The Wall Street Journal article. The article said that his style was based on “contrarian bets, creative financing, and a knack for building a business from investments.”
The firm became the first publicly traded buyout firm on February 9, 2007, and Edens and his other partners took firm public through the IPO. Fortress then sold 8% of its share to the public for $600 million in the year 2009. Edens and his partner later became the paper billionaires as the Japanese financial holding company known as the Nomura Holdings acquired the Fortress for 15% stakes and priced it at $888 million. This happened in December 2006. He also served as the chairman of Fortress Transportation and Infrastructure Investors LLC from the year 2015 to May 2016.
In the year 2017, the firm also announced that they were creating an eSports team, which was called the FlyQuest. FlyQuest currently competes in the League of Legends, and it competes in the North American League of Legends Championship Series.
Eden was also responsible for buying the subprime lender Springleaf financial services, which were then known as the AIG’s American General Finance, and this made him the majority stakeholder in the company. He is also the chairman of Nationstar Mortgage, and it was formerly known as the Centex Home Equity Company LLC, which is a subprime home equity mortgage lender. The company was then acquired by Fortress for $575 million in 2006.
In 2014, Wes Edens and Marc Lasry also purchased the Bucks from Herb Kohl for the mere price of $550 million, and they promised to keep the team in Wisconsin. They also built a new arena to replace the BMO Harris Bradley Centre, and this NBA franchise was then valued at $1.075 billion in 2018.
Awards & Achievements
Since he is a celebrity but a businessman, he has not won many awards. His team in NBA has won many matches, and the eSports FlyQuest has also won competitions. But becoming a billionaire is itself a significant achievement.
Net Worth & Salary of Wes Edens in 2024
The total net worth of Wes Edens is estimated to be around $1.5 billion as of February 2024, and he has earned most of this wealth from his shares in the Fortress and his other acquisitions. He made a fortune when Fortress was acquired by the Japanese holding firm, and since then, he has been investing his majority of money in different forms. He started from the bottom, and today he is a successful billionaire.
Wes Edens is an inspiration for many investors out there, and he has accomplished many things in his life. He has made smart investments, and due to this, he has made his firm one of the top investment firms in the country. He has made a fortune for him as well as for his partners.