Wes Eden is an entrepreneur based businessman and investor based in New York. New York. Wes Eden received his education at Oregon State University, earning his Bachelor of Science degree in Finance and Business Administration in 1984.After graduating from the Oregon State University, Wes Eden started his financial career at Lehman Brothers. At Lehman Brothers, Eden began as a partner and the firm’ s managing director to 1993. After leaving Lehman Brothers, he became the partner and managing director of Blackrock Asset Investors until 1997. Fortress Investments started in 1998 with Wes Eden as a principal partner, along with three other investors. Since 2007, Fortress assets management handled private and public investments including fourteen private equity firms, four hedge funds, and real estate ventures. Wes Edens also runs Fortress’s private equity business.
Wes Eden was the primary motivator in the purchase of Springleaf Financial Services, making Fortress Springleaf Financial Services’ majority shareholder. In 2015, Springleaf valve was $3.5 billion.; making Fortress original investment in Springleaf Financial Services twenty-seven times Fortress initial investment of $124 million! Wes Edens purchased the Milwaukee Bucks, a National Basketball Association franchise for $550 million in 2014 from Herb Kohl. In buying the basketball franchise, Edens has promised to keep the team in Wisconsin, and also plans to build a new arena to replace the old BMO Harris Bradley Center. Employees at Fortress approve of their CEO and report top teamwork division within the company’ s division. The company offers excellent benefits, proper management, and exceptional a Human Resources division. Overall, employees report that opportunities and advancement are available for those willing to work to achieve them.
Wes Eden is one of the most successful U.S. entrepreneurs, with an average take-pay of $54.4 million a year. To break down Eden’s annual income, $200 thousand years yearly salary, $11.6 million bonus, and $478,493 in other compensation. Wes Eden rank at 962 on Forbes list of the world’s billionaires. Forbes ranks his fortune as self-made, with his net worth at $1.2 billion. Eden is married with four children. Early, this year in 2018 Eden closed the sale of Fortress Investment Group for $3.3 billion in cash to Japan’s SoftBank Group Corporation. Fortress Investment Group will continue to operate as an independent branch within SoftBank. Fortress original investors, Wes Edens, Pete Briger, and Randy Nardone will maintain their executive positions under new five-year contracts. SoftBank is a major Tokyo business enterprise founded by Masayoshi Son.