Wes Edens: A Business Leader Who Acts With the Future in Mind

Though a company may have adequate capital to support its operations, its impact won’t be great without effective leadership. Leaders determine the direction a company takes, and the time it may take to grow and realize its goals. Leaders with a rich background in management and finance help the business realize massive growth within a short time. Fortress Investment Group is among the luckiest companies with some of the smartest business minds in their leadership structure. Wes Edens is among the executive leaders who have given this company a new image and a deep voice across the globe. He executes his duties in this company as the co-founder and chairman.

Edens owns the Milwaukee Bucks basketball team since he is a great sports fan. Forbes has identified Wes Edens as one of the richest business leaders in America. He uses much of his wealth in identifying young people talented in basketball and training them to be future stars in the world of sports. Fortress Investment Group pays him 13 million dollars and his dividends are about 41 million dollars. Forbes has listed him number 297 in its billionaires’ list. Wes Edens believes that one of the greatest ways of utilizing wealth is helping the less fortunate in and the talented poor individuals in the community.

Education is crucial to anyone who aims at reaching the stars. Edens chose Oregon State University as his ideal institution for his finance studies. He had worked with other companies like BlackRock Financial Management and Lehman Brothers before he came to Fortress Investment Group. His oversight skills were felt when Softbank, a Japanese company was buying Fortress Group at 3.3 billion dollars. Those who have been close to his business dealings know that Wes Edens is a man who maintains a shrewd business outlook.

Although the gigantic Japanese firm has acquired Fortress Investment Group, it has allowed it to make independent operations. 1.6 billion dollars is said to be the net worth of this great business leader. The decision to let Fortress Group operate independently left the leadership of both the Softbank and Fortress Investment Group impressed. According to Softbank management, the acquisition has brought huge value addition that favors the activities of both organizations. Wes Edens says Fortress Investment Group has adopted a new management system where Peter Briger and Randal Nardone will head the group.

Paul Mampilly and the Magic in His Podcast

Podcasts are a popular way for entrepreneurs to share their knowledge and insight. Paul Mampilly is now using the podcast format to share his journey as an entrepreneur, as well as his knowledge in finance. It was exciting for a young man who had been hoping to interview financial whiz. What is the big deal about Paul Mampilly? He jumped right into his career without a second guess, and he has been one of the most successful since that time.

Graduating from Fordham University in 1991 with his Master’s in Business Administration, Paul Mampilly started out as a portfolio manager with Banker’s Trust. While he started out as an assistant, he was hoping to continue to grow his base of knowledge and build his experience for greater things in the future. It didn’t take long for him to get a taste of success, launching him into new careers with companies like ING and Deutsche Bank. His name got around quickly, granting him another opportunity to manage for Kinetics Asset Management, a hedge fund that soon increased to more than $25 billion after he took over. Eventually, this fund was regarded as one of the best in the world, all thanks to the hard work and dedication of Paul Mampilly.

Some say that it’s fun to help the rich get richer, but that wasn’t really what he was after. He wanted more of a challenge, and he was hungry to get there. Although his time spent on Wall Street was fruitful, he decided that ultimately he wanted to pursue craving for entrepreneurship. He became a member of Banyan Hill Publishing, launching a newsletter called Profits Unlimited. Today, that newsletter has more than 90,000 subscribers, and the core of the newsletter is investment advice. Overall, his goal is to help investors to make wise decisions on where they put their money next, and how they can continue to grow their funds for the future.

For details: paulmampillyguru.com/