Milwaukee Bucks co-owner Wes Edens is a long-time entrepreneur and investor who lives in New York City. Both his work in business and his philanthropy have affected a lot of people around the world. He is one of the co-founders of Fortress Investment Group where he manages the private equity investments. Over the years he has created or bought companies in a wide range of industries such as transportation, healthcare, financial services, and energy. One of his latest ventures is Virgin Trains USA which is developing a private express train service in southern Florida. Wes Edens is also in the planning stages of building a similar service going from southern California to Las Vegas.
Another venture he started is New Fortress Energy. The goal of this company is to create a modern energy infrastructure that has cleaner and more reliable energy. Its mission also includes have a positive economic impact and creating green jobs. This company came about out of a desire Wes Edens had to supply another company of his, Florida East Coast Rail, with cleaner and more efficient fuel. His company built the first liquid natural gas production facility to have been placed in Florida.
It was in 2014 that he became one of the owners of the Milwaukee Bucks. At the time that team was one of the worst in the NBA and had an arena that had been declared as unfit for the league. Wes Edens and his business partner turned this franchise around and now has a playoff contending team. They have a league MVP contending player on the team, Giannis Antaetokounmpo. They are playing in a new arena as well which is always sold to beyond capacity as there are standing-only tickets available.
Wes Edens is also now a co-owner of a soccer team in the United Kingdom. Along with Naseef Sawiris, an Egyptian billionaire, he bought Aston Villa Football Club in 2018. Playing in the English Football League Championship, this team is in the second league with hopes of making the Premier League. They’re hoping that goal will be realized at the end of this season.
For details: www.crunchbase.com/person/wes-edens