Wes Edens is an American businessman and principal owner of Milwaukee Bucks, an American professional basketball franchise in the National Basket Association (NBA). He was born on March 17th, 1961, in New York.
Edens graduated from Oregon State University with a bachelor’s degree in Finance and Business Administration in 1984. Wesley Edens and his partner Marc Lasry bought the Milwaukee Bucks for approximately $550 million in April of 2015. Before they could make the purchase, they tried buying both the New York Mets and Aston Villa F.C., a British Football Club; however, neither deal went through.
In 2016, Wesley Edens and his business partner Marc Lasry donated $20 million to the University of Oregon toward building a brand new basketball arena.
Edens serves as Co-Chairman at Fortress Investment Group LLC, which he co-founded in 1998 and has been leading ever since. As reported by Forbes magazine in 2016, his principal partner Marc Lasy made $1 billion and ranked number 702 among the world’s billionaires.
Edens is an American businessman and principal owner of Milwaukee Bucks, who has an estimated net worth of over $1 billion as of 2017. His major business ventures include Fortress Investment Group LLC and New Fortress Energy. In April 2015, Edens was able to buy a Milwaukee Bucks, playing in the national basketball association, for an estimated $550 million.
In 2016, Edens and his business partner Marc Lasry donated $20 million to the University of Oregon toward building a brand new basketball arena.
He became the co-chairman at Fortress Investment Group LLC, where he has been leading since 1998 and is also one of the firm’s co-founders. After moving to New York, Edens and his friend Randal Nardone started their own company known as Blackrock Financial Management Incorporated, now called Fortress Investment Group LLC. Before he got the opportunity to buy Milwaukee Bucks, which he currently owns, Edens tried buying both the New York Mets and also Aston Villa F.C., a British Football Club, which he failed on both occasions.