Today, you might know Wes Edens as the owner of the Milwaukee Bucks. But not long ago, he was a successful businessman and investor with a net worth of $2.3 billion. How did he get to that point? Well, let’s find out!
1. He owns an English football club
You may not know about him because he owns an English football club called the Aston Villa. One of the most successful clubs in the UK, the team has won seven national titles and five European titles.
2. He’s a dedicated family man
Wes Edens loves his family. He stays in a beautiful mansion with his wife, Leigh, and two sons, Jaidyn and Duncan. He’s also close with his brother and sister-in-law.
3. He’s a mountaineer
He has climbed to the top of Mount Kilimanjaro, a mountain in Tanzania that stands at 19,341ft. He’s also climbed many mountains throughout Europe, including Mount Rainier in Washington, Mount Ararat in Turkey and Monte Brouilly in France.
4. He’s a keen equestrian
Wes Edens is a passionate equestrian, often spending time in the stables with his horse. His first mount was called Sky Raider. He’s also a good rider, having won many awards at the Kentucky Horse Park Show.
5. He’s a billionaire
Wes Edens was a successful businessman before he joined the NBA. His company, Edens International LLC, is worth $2.3 billion. The company owns multiple business ventures, including power generation, distribution, and electricity supply in the Midwest.
6. His Alma mater named him ‘Distinguished Business Professional.
He graduated from Oregon State University with a bachelor’s degree in finance. He was awarded the title ‘Distinguished Business Professional’ by the university in 2014; an honour is given to distinguished alumni who have made significant contributions to society through business.
7. He’s a philanthropist
In 2013, he donated $250,000 for the construction and renovation of a basketball court in the village of Mali in Uganda. The court, built in the village for the kids to play basketball, hosts tournaments after completion.
8.. He bought the Milwaukee Bucks for $550 million
He repurchased Milwaukee Bucks in 2014 for $550 million. He’s contributed to their success on and off the court, bringing in two NBA All-Star teams, including Giannis Antetokounmpo (Greek Freak).
9. He repurchased private passenger trains to Florida
He used to own private passenger trains back to Miami. He bought them in 2009, and they were decommissioned in 2014.
10. He’s been called the “new king of subprime lending.”
Before buying the Milwaukee Bucks, he was a successful businessman, but his company became marred in controversy. He co-founded the company Fortress Investment Group, which he left in 2009 after a $3.7 billion asset purchase by the firm did not work out.