Wes Edens, Chairman and Founder of Fortress Investment Group

Wesley Robert Edens is an American private equity investor and co-owner of Fortress Investment Group. He is also the co-owner of a sports team, and owner of an eSports team. Wesley Robert Edens went to school at Oregon State University where he received a bachelor’s degree in Finance and Business Administration in 1984.

He then began his career at Lehman brothers where he served as both partner and managing director from 1987 to 1993. He then joined the BlackRock Financial Management. He worked here also as a partner and managing director till 1997.

After this, he worked for a number of corporations at various top positions. These corporations include the Union bank of Switzerland, the Global Principal Finance Group, and Impac Finance Group among others. These positions would groom him for his role in Fortress. Mr. Wes Edens partnered with four others: Peter Briger Jr, Robert Kauffman, Randal Nardone and Michael Edward, to form Fortress Investment Group in 1998. This is a firm that invests primarily in real estate, health care, transport, financial services, infrastructure, and media.

This firm grew and on February 9, 2007, became the first company to goes public. By 2009, the firm had sold to the public an 8% share for 600 million dollars. Since then, the firm has continually made great progress by developing major projects in other countries. He is currently serves as the company’s Private Equity Chief Investment Officer, Principal and President of Private Equity. He is as well the Head of Private Equity and Co-chairman. He also played a major role when the company’s stock price fell after subprime mortgage crisis by offering subprime lending.

In 2014, Wes Edens and Mark Lasry partnered to purchase from Herb Kohl the Milwaukee Bucks, an NBA franchise that is based in Milwaukee, Wisconsin. Wes Edens also owns an eSport brand known as FlyQuest which he created on January 6, 2017. FlyQuest is a professional eSports League of Legends team that is based in the US. Wes is a self-made billionaire with a net worth of 1.6 billion dollars. He currently ranks #962 on the Forbes top billionaires list. According to BizJournals, Edens’ takes home a 54 million dollars pay, 41 million in dividends and 13 million in direct compensation.

Wes Edens has major expertise in the private equity finance sector as well as great experience in directing and business leadership. Therefore his successes are only likely to increase going forward.

George Soros’ Journey to an Open Society

George Soros is of Hungarian descent, from the darker Nazi times. In the 1940s, the Nazis went on a rampage, killing over 500,000 Jews in Hungary. At this point, Soros’ parents changed their identity from Schwartz to the now Soros to survive the attack on Jews. Once they had concealed their backgrounds, they helped other Jews escape the Nazis. It’s at this tender age that he learnt that there needs to be someone speaking and fighting for the voiceless and minorities.George Soros is one of the world’s greatest philanthropist, having donated over $12 billion over the years. Usually, he focuses on uplifting those shunned by the world for who they are. He believes that these organisations and individuals should fight for freedom of expression, transparency, justice, and equality. Groups such as LGBTIs, drug users, and sex workers have also been marginalised, and he feels it’s only fair that they are treated fairly.

To support his studies in the London school of economics, George worked two jobs. He had just migrated from Budapest to London and dreamt of success in finance and investments. In 1970, he launched the Soros fund management that set his pace as one of the greatest investors in the USA.In 1979, Soros established the open society foundations, motivated by Karl poppers book, open society, and its enemies. The book argues that the world can flourish when allowed freedom of expression, democracy, and respect for individual rights. With this principle, Soros sets out to change the world. At first, his foundation aided in business development, independence for media, advancing justice, public health, education, etc. His organization helps numerous causes, over 500 pages such as: combating brain drain in Europe, aiding natural disaster regions, and financial assistance for Russian University systems, among many others.

In the fight against apartheid, Soros was on the front line giving scholarships to South African students. This was at the end of the cold war, and he was extending his philanthropy into Africa, Asia, and the United States. In the 80s, eastern communist bloc wanted an open exchange of ideas. But in this era, a very unwelcome move in that period. Solos, however, ensured the provision of photocopiers to have idea exchanged on paper. George Soros(@georgesoros)|Twitter was one of the greatest critics on the war against drugs. It ensured that movements such as the medical marijuana were empowered and policies put in place to defend them.Over time, George Soros causes have evolved. One thing, however, remains same: his commitment to fighting the worlds intractable problems. He empowers people to handle even the most losing causes as he demonstrated over the years. His financial success gave him the independence to forge his path. Goerge Soros thus believes it is his calling to create a way for others in the world until the world can achieve an open society.