BillionaireNet
Edens
Wesley Edens
Rank #1721
UNITED STATESfinance-investmentsInvestments

Wesley Edens

Net Worth
$2.284B
-0.35% (24h)
Wesley Edens is a prominent American billionaire businessman, private equity investor, and sports team owner. Co-founder of Fortress Investment Group and founder of New Fortress Energy, Edens has a net worth of $2.3 billion (2024). His career includes significant investments, strategic ventures in finance and energy, and sports ownership. Edens' commitment to philanthropy is also notable, as evidenced by his support of education and climate change research.

The Full Dossier

Early Life and Education

Wesley Robert Edens was born on October 30, 1961, in Helena, Montana. As a youth, Edens was a competitive skier. He earned a B.S. in Finance and Business Administration from Oregon State University in 1984.

Rise to Success

Edens began his career at Lehman Brothers in 1987, where he became a partner and managing director until 1993. He then joined BlackRock's private equity division as a partner and managing director until 1997. In 1998, Edens co-founded Fortress Investment Group in New York City. Fortress became the first publicly traded buyout firm in 2007. In 2014, Edens founded New Fortress Energy, a global natural gas supply and infrastructure company.

Key Business Strategies

Edens has demonstrated a knack for identifying opportunities in various sectors. His strategic investments have included those in subprime lending, transportation and infrastructure, energy, healthcare, financial services, media, and sports ownership. His ventures such as Brightline, and Cincoro Tequila, highlight his diverse business interests.

Philanthropy

Edens and his family established The Edens Family Fund for Climate Change Research at Princeton University. He also endowed the Edens Professorship in Global Health at Macalester College in St. Paul, Minnesota, along with a research fund to focus on solving international infectious diseases and environmental health hazards.

Career Timeline

2018

Co-owner, Aston Villa

Co-owner of Aston Villa Football Club.

2016

Co-founded Cincoro Tequila

Co-founded Cincoro Tequila.

2014

Co-owner, Milwaukee Bucks

Co-owner of the NBA franchise the Milwaukee Bucks.

2014

Founded New Fortress Energy

Founded New Fortress Energy, a global natural gas supply and infrastructure company.

2007

Fortress goes public

Fortress became the first publicly traded buyout firm.

1998

Co-founder

Co-founded Fortress Investment Group.

1997

Partner and Managing Director

Left BlackRock's private equity division.

1993

Partner and Managing Director

Left Lehman Brothers

1987

Partner and Managing Director

Began career at Lehman Brothers.

Philanthropic Impact

Climate Change ResearchUndisclosed

The Edens Family Fund for Climate Change Research

Established at Princeton University.

Global HealthUndisclosed

Edens Professorship in Global Health

Endowed at Macalester College.

Health and EnvironmentUndisclosed

Research Fund

Focus on solving international infectious diseases and environmental health hazards.

Wealth Trajectory