Wes Edens began his career in financial management in 1987 when he joined Lehman Brothers and later became its Managing Director and Partner before his departure from the company in 1993. He went on from there to become the Managing Partner at the BlackRock Financial Management firm, where he stayed until 1997. By the next year, he co-founded a private equity and hedge fund company called Fortress, which is headquartered in New York City and has offices all around the world.
Being an avid sports fan, Wes Edens became interested in acquiring sports teams so he could help them become more successful. He ended up purchasing a National Basketball Association team called the Milwaukee Bucks for $550 million in 2014, and he made a promise to its fans that he would keep the team’s base in Wisconsin. Along with Egyptian billionaire Nassef Sawiris, he also acquired a soccer team called Aston Villa, and he vowed to help move the team forward so they could regain the kind of success they had experienced in previous years.
His excellent business vision and strategic thinking led him to pursue another endeavor that involves state-of-the-art transportation in South Florida. The Brightline train service was an idea he came up with in order to provide a better way for people to get around that area of the state. The high-speed train made its first run from Miami to Fort Lauderdale in May of this year, clocking in at 80 mph. The ride only took 30 minutes one way, and it costs considerably less than what an Uber ride would cost for the same trip.
The Brightline train has comfortable seating, made of leather, as well as food service and free Wi-Fi for its passengers. It’s an ideal and affordable solution for commuters who have destinations that are too far to drive to but too short to fly to, and Wes Edens feels that this type of transportation service would work well in many other major U.S. cities as well.
Wes Edens received his business and finance training at Oregon State University, where he earned a Bachelor of Science degree in 1984.