Wes Edens Is The Successful Risk Taker

Business, CEO, Company, Expert, Founder, Investment

Believing In The Underdog

Wesley Edens is the co-founder of Fortress Investment Group. He is known for diving back into the lending market no later than a couple years after the financial crisis. Today, Edens and Fortress are contributing over $3 billion to create a private passenger train in Florida. His investment seems risky because self-driving cars are on the horizon. Edens is no stranger to risky deals. In 2014 Wes Edens bought a portion of the NBA’s Milwaukee Bucks. He is the co-owner of a team who hasn’t won a championship is close to 50 years. He also invested heavily in a struggling English soccer club called Aston Villa. Wes Edens says he wants to see things as they are and not necessarily how other people see them. His ability to see potential in an otherwise doubtful project is what sets him apart. See more information about Wes Edens at wealthx.com

 


Gaining Success

Wes Edens gained most of his success while leading Fortress. He became the co-founder in 1998 and he remains the co-CEO today. In 2007, Fortress was one of the initial private equity firms going public. Edens gained $2.3 billion stake in that process. Ten years later, Softbank purchased Fortress for $3.3 billion. That purchased earned Wes Edens a 40% premium on his stake’s initial value.

Early Days

Wes Edens had a psychologist father and a schoolteacher mother. He was raised on a ranch in Montana, and spent the majority of his childhood days outdoors. Edens says there were only two TV stations you could watch, so you either read a book or went outside. In his teenage years he took an interest in competitive skiing. Today he still skis around Jackson, Wyoming. He just opened a luxury hotel in the area called the Caldera House.

Education

Wes Edens got his degree in finance and business administration from Oregon State University. When he finished school in 1984 he landed a job at a bank in San Francisco. One of his acquaintances at Merrill Lynch suggested that he try his talent with Wall Street. He took the advice and moved to New York where he earned a position at Lehman Brothers.

Learn more: http://www.industrialareasfoundation.org/topics/wes-edens

 

Whitney Wolfe on Starting a Female-first Dating App

Apps, CEO, Entrepreneur, Founder

Whitney Wolfe Herd is the founder and CEO of Bumble, a social networking dating site. Launched in 2014, Bumble is one of the fastest growing dating sites and is the only platform where women make the first move. Bumble is unique because it allows women the opportunity to make strong networking connections while on the site. Bumble BFF was launched in 2016 with a feature to find and make friends, and Bumble Bizz was launched in 2017 for business networking. Within four years, the site had grown to over 35 million users in over 144 countries worldwide. Connect with Whitney Wolfe by visiting her linkedin account.

Whitney Wolfe was born in Utah and studied at Judge Memorial Catholic High School. She took a sabbatical to Paris, France with her parents and is fluid in French. Wolfe later attended Southern Methodist University where she registered for a course in International Studies. She then joined the Kappa Kappa Gamma Sorority, and in her junior year, she traveled abroad to study at Sorbonne University in Paris. While in college, Wolfe started a business selling bamboo tote bags to benefit areas that had been affected by the BP Oil Spill. She partnered with a celebrity stylist Patrick Aufdenkamp and launched the initiative known as the Help us project, which turned out to be successful after celebrities like Rachel Zoe and Nicole Richie were photographed with the bags.

Whitney Wolfe joined Hatch Labs at the age of 22 and involved herself with Cardify, a start-up venture, which was later abandoned. She then joined Tinder and became vice president of marketing for the app. Whitney contributed to the idea behind the name of the app from the flame logo and past experiences using small matchsticks (tinder) to light a flame in her father’s cabin. Whitney Wolfe left Tinder and was contacted by Andrey Andreev, the founder of Badoo, about creating a dating platform. They started Bumble that year and by December 2014; it had over 15 million users on the site. Whitney Wolf has been featured in the 2017 and 2018 Forbes ‘ top 30 under 30’ list and has been on the covers of WIRED, Forbes and Fast Company Magazines.

Learn more: https://www.crunchbase.com/person/whitney-wolfe

 

Adam Milstein and Love of Life Gila

Advisors, Blogger, Entrepreneur, Founder, Writer

Adam Milstein was born in Israel in the Haifa, the third largest city in Israel. This city is recognized for its beautiful slopes settings on Mount Carmel. He is known as the community leader of the Jewish community. He is also renowned for his philanthropic activities and a real estate investor. Adam Milstein served in the Israel Defense Force during the Yom Kippur War. After this war was over, he enrolled joined Technion University and graduated in 1978. Adam also married his love of life Gila.

Gila Milstein originated from Morocco where he was born. However, he moved to Israel at the age of 6 years. She schooled in Rothschild Hospital Nursing School where she graduated. After her education, she joined Israel Army where she served as an officer. Gila Milstein is a philanthropist as well as an active community leader. She sits on Board of various organizations such as StandWithUs and American Israel Education Foundation. She is the president of Stand By Me. The primary objective of this organization is to offer support to the Israel American Cancer patients in conjunction with their families in Los Angeles. She also serves as the president of MERONA Campus Leadership Foundation. This organization is responsible for nurturing leadership among the pro-Israel students who are still in colleges and campuses.

After his undergraduate, Adam Milstein decided to relocate from Israel into the United States of American together with his family for higher education. When he got to the United States, he joined the University of Southern California and attained an MBA in entrepreneurship. In 1983, he ventured into the commercial real estate and started his career as a real estate broker. He was highly determined and dedicated towards his work. Adam Milstein main dream was to become his boss since he discovered that he could only exploit his potential working on his own. Fortunately, he managed to make tremendous savings that enabled him to start his private commercial real estate investment. He bought old buildings, renovated them and later leased them out at a high charge. He grew and expanded his business such that he had an impact on this industry. His success led him to become the Managing Partner of Hager Pacific Properties.

https://www.youtube.com/user/AdamMilstein