Wes Edens Investments

Wes Edens Investments

Wes Edens is a known businessman based in America. He was born on October 30, 1961 and grew up in New York City. He is a private investor who graduated from Oregon State University with a degree in Finance and Business administration. He is married to Lynn Edens with four children.

Business life

Throughout his life, he managed to pursue several fields and business. He has founded several businesses majorly private investment, sports club and Fortress Investment group. His interest was mainly on sports hence he supported and funded many football clubs and even owned some of them.

Fortress Investment Group

Wes Edens together with other five partners founded the group in 1998. The company made a large breakthrough to the public in 2007 and sold shares worth $600 million in 2009. The group ventured in several assets ranging from private equity funds, healthcare, transportation, media and real estate. Later he became the company vice chairman he managed to uplift the company when it underwent the subprime mortgage crisis. The Fortress Investment Group is the one that is behind the transformation of the rail transport system in united states. He has shown his vision and innovation in the transportation industry that no American Enterprise has never seen. This is all about Virgin train at Miami and surrounding areas. Fortress Investment Group also focusses in gas-to-power industry where it has several terminals of liquefied gas based in the following states Jamaica, Ireland and Mexico. That are to be completed in the near future. The Group also has supported and made donations to Jamaican children and youth funds organization.

See more on Wikipedia.

Hobbies.

Wes Edens being a sports fan, he has channelled some of his business to sports. From basketball clubs to English football clubs (Aston Villa).

Conclusion.

Wes Edens foundations and companies in the United States has contributed to the growth of the economy. Through his foundations, he created job opportunities for the youth thus raising the living standards of the of the residents. His passion for funding and owning sports club nurtured talents among the youths and promoted unity among the fans.

Visit: https://www.linkedin.com/in/wesley-edens-a6b19b3a

 

Richard Liu Qiangdong: An Interview With A Savvy Businessman

 

“An Insight, an Idea with Richard Liu” is a recent interview that was conducted by Webforum.org with businessman Richard Liu Qiangdong. Richard Liu is the innovative business professional behind the development of JD.com. JD.com was originally known as Jingdong Mall which was founded in 1998. Jokingly, the interviewer Mr. Rubenstein asks Richard Liu where the name came from. Richard Liu laughs back and explains that it is the result of a combination of his name and a former girlfriend. He smiles to his wife and says that he wishes he didn’t have to say that right in front of her.

 

Regardless of where the name came from, JD.com has been very lucrative for Richard Liu and his associates. Mr. Rubenstein wanted to know how Richard Liu assured that success and what was the catalyst for them getting involved in the online retail market. Richard Liu tells him that the reason they moved to an online setting is that of the SARS outbreak in 2004 that left the Chinese public crippled with fear. He did not want to subject his personnel to these risks. In order to keep his business afloat, he chose to move to an online method of business. Once there, he found that it was a great place to develop JD.com. He talked to e-commerce like a duck to water.

 

Mr. Rubenstein also asked some questions about how JD.com is different from other retailers. Richard Liu Quiangdong talks about how when he came into the market there were a lot of retailers that were peddling subpar products. Customers could never feel confident that they were receiving the products that they ordered. A lot of items were being counterfeited and represented as the true item. With his business, he decided that he wanted to offer a guarantee and only sell the best quality products. This is been instrumental in Liu’s success. He uses this discussion to segue into his desire to break into the international market. He believes that JD.com has a lot to offer the world and expresses a desire to move into that market. Only time will tell how successful they are able to be in the future. See Related Link to learn more.

 

View source: https://www.forbes.com/profile/richard-liu/#77b17bbf2677