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Fortress Investment Group is a part of the many educated risks taken by Wesley Edens

When not co running the Fortress Investment Group or co-owning the Milwaukee Bucks, Wesley Edens likes to put his energy into things that most people overlook. He enjoys placing bets on underdogs when it comes to investments. He invested in subprime lenders in the throes of the financial crisis, and his company is currently putting three billion into a railroad in Florida for private passengers when other companies are investing in self driving cars. He purchased the Milwaukee Bucks, a team that hasn’t seen a championship in decades, and he also purchased a fledgling football club in England known as Aston Villa.

Wesley Edens likes to take chances on a lot of different things, because his chances usually pay off pretty big. Take for instance his company, Fortress Investment Group. He started the company in 1998, building it up over the years to eventually sell it to SoftBank for $3.3 billion in 2017. Before this, the company went public, giving Mr. Edens a share worth $2.3 billion dollars. A Force of Innovation: Two Decades of Fortress Investment Group.

The Fortress Investment Group was not just something that happened overnight. Wesley Edens had put a lot of time into himself and his professional life before he and a few of his colleagues started the company. His first job after graduating from Oregon State University with a degree in finance and business administration was at a bank in San Francisco. Inspired to move to New York City, he eventually landed a job at Lehman Brothers followed by a stint at Black Rock in 1993. He became partner and managing director there before deciding to start Fortress Investment Group in 1998.

When not co-running Fortress Investment Group, Wesley Edens is either managing his train company, also known as Brightline. It is a private passenger train company that runs between cities in Florida. Currently there is a route from Miami through Fort Lauderdale, and other trains are being planned for Orlando and the Tampa area. Eventually, Edens would like to expand the company’s routes to other areas such as Atlanta to Charlotte, and Dallas to Houston. He is also active in managing his basketball club the Milwaukee Bucks.

Learn More: www.inc.com/profile/fortress-investment-group