In the late 1980s, Wesley Rob Edens set out on a steady path to success. After graduating from Oregon State University, he got his start as an investment banker at California Savings and Loan. After that, he moved on to Merril Lynch and Smith Barney, then became an associate with Lehman Brothers in 1987.
In July 2018, Wes Edens saw an English football club needing refurbishment and swooped in to make the necessary improvements. The investment from Edens and Nassef Sawiris helped restore and strengthen the club’s fortunes after several years of financial and sporting woes. Now, it’s hoped that the cash injection will help take the club to greater heights.
In addition to being an entrepreneur, Edens is also a family man. He and his wife, Linda, have four children together, and they’re so adorable you could die. His youngest daughter, Mallory, has also become a public figure in her own right. For example, she became the Milwaukee Bucks’ representative at the NBA Draft Lottery.
Wes Edens is a master at the art of private equity firm and has the tools to help you become a billionaire. In 2007, Edens broke into billionaire status — an elite category that requires a minimum net worth of $1 billion — when co-founded Fortress Investment Group. A private equity firm, Fortress Investment Group, had an impeccable track record when it went public in 2007.
Wes Edens is one of the region’s most generous philanthropists. Since 2006, he has donated more than $2.7 million to charitable causes, including Macalester College, GiveWell, and Martha’s Vineyard Hospital. Most recently, Wes Edens was one of ten people named to the Chinook Charitable Trust. This role allows him to give back to the community by identifying and supporting educational and health initiatives. Go Here for related Information.
Edens’ success in transforming the company’s fortunes led Wall Street Journal to name him the “new king of subprime lending.” After acquiring 80% of Springleaf Financial Services for $125 million, he led the company through a 5-year growth spurt that increased its market cap to $3.5 billion — a 27-time return on investment.