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.