Wes Edens is one of the men responsible for Fortress Investment Group, which is an alternative investment business that was started up back in 1998 by Rob Kauffman, Randal Nardone, and Wes Edens. Together, these men co-founded what is one of the largest investment companies in the United States today with more than 40 billion dollars in assets floating around. Wes Edens has been major responsible for the overall development of the company, which he still maintains on the board of directors. By 2007, when Fortress Investment Group became public, Wes was already a billionaire, with a stake in the company worth over 2 billion dollars. According to Wes, his success comes from a strong motivation to succeed and an impatience to finish new tasks as fast as he can. On top of his huge financial success, Wes is also a successful philanthropist, giving back to the community through support in various different ways.
Despite being a huge success in the financial department, Wes Edens has many other business ventures still on his minds. Over the past decade, Wes has become much more involved with sports, which is a personal passion of his. Currently, Wes is the owner of various sports teams that play in different arenas, including professional basketball, with the Milwaukee Bucks, professional e-sports, with FlyQuest, and Aston Villa, a soccer team that Wes bought into with another billionaire.
Perhaps the most ambitious project for Wes yet is the construction of the Brightline train system in the US, the first ever private train system being built to help reduce traffic times throughout the country. For now, Brightline is being built throughout Florida to help reduce the massive congestion on the roads, which causes commuters to spend more than two hours driving instead of the 30 minutes it would take under normal traffic conditions.
Visit his website: http://www.wesedens.com/
Starting a new company is a challenge that very few people can dare to take. Many people fear the stiff competition from firms that have been in the industry for long. In most cases, big names in industries make the competition too tough that new ones run at a loss and eventually fail. This is however not the case with Randal Nardone, the CEO, and co-founder of Fortress Investment Group.
Before starting the company, Randal Nardone was aware of the competition that awaited him in the industry. He was, however, ready to use his vast knowledge in the field of finance. Together with Wes Edens who is also an expert in matters of finance, Nardone worked hard to steer the company through the ups and downs of the industry.
Having held different positions in various firms, Randal Nardone had enough experience to help his new company survive the tides of the industry. Before starting Fortress Investment group in 1998, Randal Nardone worked at UBS where he held the position of Managing Director from 1997 to 1998. He also served as the director of Springleaf REIT Inc. since May 2011. Nardone who holds a J.D from the school of law at Boston University and a Bachelors degree in English and Biology from the University of Connecticut also holds positions in boards of different corporations including Florida East Coast Holdings.
The many years of service in the financial industry have helped Nardone gained much experience and had helped him grow both as a professional and a finance expert. As he interacted with clients while serving in different companies and positions, Nardone l knew right what he was expected to do to change customers experience for the better. Although he had an intention of venturing into law, Nardone has found success in the finance field and did not wish to depart any soon.
Currently, the Fortress Investment Group is ranked as one of the most known names on the stocks market. Many firms have decided to hand over their financial operations to the company because of its good portfolio that has been put together by Nardone.