1961 was the year in which Wes Edens took his first breath in this world although currently, he resides in New York City. To pursue his passion for investment, he enrolled at Oregon University where he never left empty-handed but with a Bachelor Degree in both Finance and Business Administration. Wes is among the brilliant minds behind the success and existence of Fortress Investment Group, and Edens is the firm’s co-chairman, co-founder as well as the leader of the private equity. Also, at the age of fifty-five, he becomes famous internationally due to the roles he had been performing in several firms. Wes is responsible for Fortress’ Investment as well as public equity firm, and from this, he usually takes home an income of about $44 million annually.
Wes Edens is among the few billionaires worldwide and tends to seize number 962 in Forbes billionaire list. Over the years, Fortress Investment Group has been experiencing significant growth due to his management and investment skill that he has incorporated in its operation. As result of its right image and excellent reputation in the eyes of the public, it has been able to win its customer loyalty, and the customer service department is working tediously to ensure that its clients are fully satisfied with their services. Wes Edens Investment decision strategies have seen most of the firms that he manages and owns to be the best compared to others. He also ensures that these firms give back to the society through contributing to infrastructural development projects as a way of taking part in corporate social responsibility. In doing so, a good rapport is maintained between the company and its customer and their number has risen significantly.
Wes Edens passion in basketball made him team up with Marc Lasry who is an experienced businessman to purchase Milwaukee Bucks that is a professional basketball club. They bought the club at $0.5 billion and to see the club rise he dedicates himself by setting aside funds to construct a stadium as well as restructuring the club hence making it more competitive than before.
The impact that Wes Edens has brought to Fortress Investment Group has no precedence. The ultimate of all his success came in 2017 when he led the purchase of Fortress Group by SoftBank. This was a mega-transaction that is likely to see the value of assets under the management of Fortress Investment Group increase greatly.
Visit More : en.wikipedia.org/wiki/Wes_Edens
Matt Badiali is a writer and a contributor for the Banyan Hill Publishing Company. He was a former geologist focusing in the oil and petroleum industry, but later on, decided to leave his job to become a writer instead. Today, he is using his skills in writing to inform the public about specific investment opportunities that they could invest in. One of his most popular articles talks about freedom checks and how the public could benefit from it. Even if it sounds like a government program, are different, and it is not being provided by the government, even if it is a tax-free investment opportunity. Freedom checks came into existence after the government of the United States passed the Statute 26-F to become law. According to the Statute 26-F, more than 500 oil and petroleum companies in the United States would have to send a monthly or a quarterly check to their investors, similar to how a dividend works. The checks are one of the conditions set by the Statute 26-F to provide a tax-free incentive to the oil and petroleum companies. The other condition stated that they should be exercising 90% to 100% of their operations in the territories of the United States. Watch freedom checks on youtube.
The oil and petroleum companies which benefited from the Statute 26-F are called master limited partnerships, or MLPs. They are considered as the top manufacturers of oil, petroleum, and natural gas in the country, and they are operating refineries, pipelines, and drills across the country. The MLPs agreed to the statute because they felt that they will be able to generate more income.
Most of the people in the United States are unaware of the freedom checks provided by MLPs. According to Matt Badiali, it is possible for someone who purchased to earn almost $160,000 monthly, just from the distributions. He encouraged everyone to start investing in because it is cheap, to begin with. Individuals could start investing at $50 or $100 per check, and the more volume they purchase, the more distributions they will receive. The MLPs provide 90% of their earnings to their investors, and those who have purchased freedom checks in the past have already earned a lot in this new scheme. For Matt Badiali, the public should know the secrets regarding the benefits of freedom checks, and the public should also try to invest in an investment option that could give them hundreds of thousands of dollars in earnings. Learn more: https://www.crunchbase.com/organization/freedom-checks
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Fortress Investment Group is an investment management firm that specializes in credit and private equity securities. The firm has grown into a global investment manager that serves over 1700 investors worldwide. This firm provides assistance to both private individual and institutional investors throughout the world. Fortress Investment Group helps manage a wide range of financial […]