Category: Financial Expert
Wes Edens is not only the co-CEO and co-founder of Fortress Investment Group, but he is also the co-owner of Milwaukee Bucks and Aston Villa soccer term that is located in the U.K.
In 1987, Wes Edens got started with Lehman Brothers as one of his first important jobs. Wes Edens worked his way up the corporate ladder to managing director, then director there. In 1993, Edens left Lehman Brothers for the finance company, BlackRock Financial Management.
In 1997, Edens ended up leaving BlackRock to co-found Fortress Investments Group in 1998 with Peter Briger, Wes Edens, Mike Novogratz, Randal Nardone as well as Robert Kauffman. Moreover, Mr. Edens was part of the seven-member board at Fortress Investment Group.
Concerning Mr. Edens’ worth, his pay was published to be $54.4 million by Bizjournals (via The New York Times). The 54.4 million dollars (Edens total yearly compensation) at Fortress was $13.4 million. And approximately $41 million of take-home pay was dividends from Fortress Investment Group. At one point, Mr. Edens had $63.3 million shares of stock in Fortress at one point.
Mr. Edens received his Bachelor’s degree from Oregon State University in 1984 in both Finance and Business Administration. At one point in Wes Edens’ life, he was worth 2.5 billion dollars as noted by Forbes. Mr. Edens was also ranked number 369 on the Forbes list of richest at age 52.
Edens is also the co-owner of the NBA pro team, the Milwaukee Bucks. Wes Edens worked with a fellow entrepreneur, Marc Lasry to purchase the Milwaukee Bucks in 2014. The prior owner, Herb Kohl sold his team to Lasry and Edens, but they had to agree to maintain the Milwaukee Bucks in Wisconsin if they buy the basketball team. Edens and Lasry agreed to the requirements for purchasing the team as specified by Herb Kohl. Marc Lasry and Edens purchased the Milwaukee Bucks for 500 million dollars.
Recently Mr. Edens founded the company called Brightline. This high-speed rail helps travelers get from West Palm Beach to Miami. These trains also perform eight round-trips on a daily basis.
Ted Bauman works with Banyan Hill Publishing as an editor. He joined the organization in 2013. He writes as well as editing the Alpha Stock Alert, Plan B, and the Bauman Letter. His primary focus when it comes to his writing and editing is issues relating to international migration, protection of assets, strategies involved in low-risk investments as well as privacy. Ted Bauman lives in Atlanta with his family.
In his entire life, Ted has always loved to see others happy, and he has ever gone that extra mile to help them improve their lives. He is committed to seeing people get access to their resources as well as enabling them to live wealthier lives. Ted wants individuals to be free from corporate agencies greed as well as the oversight done by the government
Ted Bauman grew up in Maryland though he was born in Washington DC. He moved to South Africa where he furthered his studies. He graduated from Cape Town University with a postgraduate degree in economics and history. He spent 25 years in South Africa before returning to the United States. He worked in various organizations in the management roles. In addition to this, he worked as a hedge fund manager that was concerned with low-cost housing projects. While in South Africa he helped in bringing up slum Dwellers international, an organization that has helped settle 14 million people across the world.
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Ted Bauman’s day involves waking up and preparing his daughter for school. After the daughter has left, he heads to the basement where he has his office. Because he does not commute, his work starts immediately. He performs much of his duties in the morning hours and brings his day to an end at 5 p.m. During his office time; he focuses on reading about those topics that his readers want to learn about.
Ted reads a lot, and that is how he manages to come up with new ideas. Through what he writes, he always looks forward to adding value to Banyan Hill Publishing. He does a lot of research before coming up with the topics he writes about. His readers always want to know what is going on with the