Two decades ago, three individuals namely Wes Edens, Randal Nardone and Peter Briger came together and established Fortress Investment Group. The company has exhibited so much growth since its inception. Its actual value was revealed in the year 2007 during the IPO. The company went down in the books of history as a private equity firm to be publicly traded on the New York Stock Exchange. As of now, Fortress serves at least 1,750 clients. The clients are distributed across the county. The co-founders of this company are also based in different areas. Wes Edens, for instance, is based in San Francisco.
Besides the pivotal role Edens plays in Fortress, he has invested in professional sports. The first time he ventured into this industry was back in the year 2014 when he alongside Marc Lasry acquired Milwaukee Bucks from NBA, the initial owner. The transaction for this purchase totalled $550 million. Besides, Wes Edens owns the FlyQuest, making him an avid supporter of eSports. In line with investing in the sports industry, Wes alongside Nassef Sawiris, a billionaire, hailing from Egypt has come to an accord to buy majority shares of Aston Villa. It should be noted that the two will input funds into bettering the English soccer team which missed joining the Premier League last season by a whisker. With the two gentlemen coming on board, Tony Xia from China and the owner of the club as from 2016 will be a co-chairperson. He will also sit at the club’s board. As for Wes Edens and Sawiris, they will have a 55 percent stake in the team.
Wes Edens is indeed an investor. He owns a private train that helps customers commute between Miami and Fort Lauderdale. The train became operational on the 19th day of May this year. The train is commonly known as Brightline. It operates between Miami and Fort Lauderdale a couple of times in almost every day of the week. The train is well fitted with wifi, power outlet as well as USB ports. The riders get to sit on leather seats beside enjoying food services. Aston Villa: Wes Edens & Nassef Sawiris to make ‘significant investment’ in club