Wes Edens’ Career Journey Defined by Real Zeal
Wes Edens has proved to be quite an asset in the corporate world. All his success has been attributed to his resilience and expertise in financial matters. Among the many companies he owns, Fortress Investment Group appears at the top of the list. Wes Edens is among the five principal partners who founded and molded the firm to what it is currently. The wall street journal defined Edens’ style of investment as one rooted creative financing and a flair for establishing corporations from ventures. As an organization, Fortress became the first amongst many other organizations to go public via its preliminary public offering. All this has been through the able chairperson, Wes Edens, and the other partners. At the time, Fortress was able to sell 8 percent of their shares to the public at an average price of $600 million by the year 2009.
Wes Eden is the head of the Nationstar Mortgage which acts as a subprime mortgage lender. Earlier on, it operated as an independent corporation before Fortress acquired it under the leadership of Wes Edens. Fortress obtained the company at the cost of $575 million. It is then clear that Wes Edens is a legend when it comes to investments. When an opportunity arises, he seizes it by venturing into the market thus more returns.Due to his selflessness and the zeal to make an impact in the society, Wes Edens sort to offer financial advice especially to those afflicted by the finance management wrangles that have seen some salvaged from the jaws of bankruptcy due to poor decisions regarding money allocation. When Wes Edens and his colleague acquired the Basketball team at a value of $550 million, they swore to make the team a shining star by financing every bit of any activity they undertook.
Moreover, Wes Edens decided to train the team members on how to financially plan and manage the hefty salary they earn. Talking from experience, Wes Edens claimed that earlier on in his life, he had made poor decisions that cost him a great deal. Wes Edens wished for others not to go through the same problem.Well, having been taught a valuable lesson, Wes Edens choose to offer to counsel to the young talented individuals on how to manage their money thus securing a bright future for them and their families upon retirement. Many, especially the young people have felt Wes Edens’ impact. His character and self-driven personality augur well with the corporate world making him more successful in all his undertakings.