On top of all that, Edens has added to his sports empire through soccer. He and financier Naseef Sawiris purchased Aston Villa, a championship team in the English Football League, back in 2016.
Although he owns a famous club and is also part owner of one of the most famous NBA teams, Eden still hasn’t forgotten where he came from. he’s said that he wants to attend even more games with his beloved Bucks than he can now because of his other investment opportunities.
he’s a dedicated family man.
Wes Edens is married to Lynn Edens and has two children, Mallory and Christian. The family resides in New York, Montana, Wisconsin, Florida, the United Kingdom, and other places. They’ve been living together for over 30 years.
he’s a mountaineer
Wes has also taken part in other adventures such as climbing Mount Kilimanjaro, Mount Everest, and Mount Elbrus.
As you can see, there’s a lot to learn from Wes Edens. While we may not be able to do all that he’s done, we can undoubtedly become inspired by his extraordinary life and accomplishments.
He’s a keen equestrian.
Eden’s passion for horses is something that even his die-hard basketball fans may not know. He owns several horses, including Fortune, who had to be put down due to an injury. When it comes to his daughter Mallory Eden, her love of horse riding has taken her to the highest level possible on several occasions. he has competed in the “young riders” section at the World Equestrian Games and has been on American teams at other prestigious competitions worldwide.
he’s a billionaire
According to Forbes,Edens’s net worth is estimated at $1.5 billion, just a shade below the cutoff for being among the 400 wealthiest Americans in 2019. After graduating from Oregon State University and attending Harvard Business School, he began his career in finance at Lehman Brothers, a Wall Street investment bank that would eventually collapse during the economic recession of 2007-2008. Later that year, Edens co-founded Fortress Investment Group with fellow financier Rob Kauffman. As of 2019, Fortress manages approximately $40 billion in assets and has made private equity investments in high-speed railway projects for significant transportation companies like New York Waterway and Florida East Coast Railway. The firm also owns Springleaf Financial Services and holds stakes in major companies like Intrawest Resorts Holdings Inc., the parent company of Resort Condominiums International (RCI), North America’s largest timeshare exchange provider.
Edens has been an active philanthropist throughout his career. He supports multiple organizations focused on youth development as well as medical research. In 2014 alone, Edens donated more than $3 million to various groups combating cancer via “Bucks for Bucks,” an initiative through which the Milwaukee Bucks match any donations made by fans up to $250,000 per year.
His Alma mater named him ”Distinguished Business Professional.”
Wes Edens attended the University of Oregon in Eugene, where he was a football team member. Upon graduating with a B.A. in finance and business administration, he was named Distinguished Business Professional of the Year by his alma mater. Afterward, he began working for Lehman Brothers as a managing partner. He stayed with the firm until 1993 when he left to found BlackRock Asset Investors together with Peter Briger.
He’s a philanthropist.
Edens has given generously to a wide variety of philanthropic causes. For example, he and his wife Lynn have donated $15 million to the Children’s Hospital of Wisconsin. He has also given money to environmental charities, including the Yellowstone Park Foundation, dedicated to preserving the park that he and his family love. In Montana, where Edens has a home on a working ranch outside Bozeman, he has helped fund a program that provides legal services for domestic violence and sexual assault victims through Choteau-based nonprofit Help Center Inc. He also supports an educational program at Montana State University called Bobcat Builders that teaches students about real-world business practices in architecture and construction.
He bought the Milwaukee Bucks for $550 million.
Wes Edens bought the Milwaukee Bucks for $550 million in 2014. He paid $350 million for the franchise and $200 million toward a new arena. Edens is a co-owner of the Bucks with Marc Lasry, his investment partner at Fortress Investment Group. The two men are still partners in other ventures, including co-ownership of Aston Villa F.C., a professional soccer team in England.
He repurchased private passenger trains to Florida.
Edens’ entrepreneurial drive doesn’t just stop at the court. He recently invested in Brightline, a private passenger train company that travels between Miami and West Palm Beach, Florida. When Edens was first approached about Brightline, he was told it traveled at speeds of up to 125 miles per hour (201 kilometers per hour), so he dismissed it. However, he reconsidered when they reached out to him again and mentioned that they were planning a train from New York City to Miami—a trip he takes frequently. After taking the train and finding that the speed was an average of 80 mph (129 km/h), he bought into the company because he believed there was a need for a better public transportation option for people who felt uncomfortable flying or those who wanted to avoid traffic on I-95.
He’s been called the “new king of subprime lending.
Wes Edens has been called the “new king of subprime lending” by the Wall Street Journal, Washington Post, New York Times, Bloomberg, and New York Post.