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Posted by JHock on

A Look At Some Of Wes Edens Investments Of The Past Few Years

Wes Edens is a principal, chairman of the board, and co-founder of Fortress Investment Group. His firm, based in New York City, manages alternative investments. He is also the owner of a professional sports team and is the owner of an eSports team. He is a member of the 1984 graduating class of Oregon State University, earning a bachelor of science degree in business administration and finance. Wes Edens worked for Lehman Brothers and BlackRock before starting his own company in the financial industry.

His financial specialty is investing in private equity. He has bought and managed a number of companies through Fortress Investment Group such as Springleaf Financial Services and Nationstar Mortgage. He bought about 73 million shares in Springleaf which cost $125 million at the time. He was also the one to make the announcement that Springleaf would be acquiring OneMain Financial in March 2015. He said that both companies share similar cultures and philosophies and the combined company would be focused on providing premier financial services to their customers.

Another recent project Wes Edens has been heavily involved in is the Brightline project which now operates a private train between Miami and Fort Lauderdale. This train can hit 135 mile per hour which is far faster than the perpetually congested freeway between these two cities. He has talked about bringing Brightline to other parts of the country where freeways are always congested such as between Houston and Dallas and St. Louis and Chicago among others. He says his train service is great for travel between cities that take far too long by car but are too close to fly between.

Along with a business partner Wes Edens bought the Milwaukee Bucks in 2014 for $550 million. At the time Wes Edens promised fans he would get a new arena built and one is now in the process of being built. He is also looking for his team to earn a championship, something they haven’t done since 1971. In the area of eSports he owns a team called FlyQuest. His team competes in the Legends Championship Series around the nation.

Read More: urbanmilwaukee.com/people/wesley-edens/

Posted by JHock on

The Enlightening History of George Soros

George Soros is one of the foremost political activists in the world. His work has had a far ranging effect in the United States, where he lives in New York, and around every continent on the planet. Soros is an investor who came to America in the ’50s in order to chase the American Dream. Over the course of several decades he has created one of the most successful investment companies to ever grace the U.S.A, the Soros Hedge Fund. Now, he works tirelessly in order to improve the world based on his core progressive values: equality, justice, social fairness, and democracy. Soros work is as interesting as the man himself and his history deserves being looked into.

Let’s start by going back to the beginning. George Soros was born in Hungary and he was raised there until he was a teenager. His family was forced to flee Hungary when the Nazi’s began their invasion and occupation from 1944 to 1945. That is a pretty good reason to need to leave the country. However, Soros and his family didn’t flee immediately. Instead they focused on helping as many Hungarian Jews as possible escape the clutches of the Nazi forces. Still, despite their efforts they would be forced to flee. Over the span of that year nearly half of a million people would end up dead.

This early experience obviously left an impression on George Soros. Over the next decade he would focus on developing the philosophical grounding that would make him the man he is today. Soros and his family would emigrate to London and there Soros would work multiple jobs in order to pay his way through school. Soros would learn the theories of Karl Popper and he would be introduced to the concept of an Open Society. This would leave such an impression that George Soros would establish the Open Society Foundation after coming to America.

Soros and the Open Society Foundation have been doing great work around the country, focusing on spreading the democratic ideals that he had believed in. It was during this time that his mission to reveal just how dangerous the threat of capitalism would be. In fact, Soros would even pen an enlightening op-ed relating to the threat of capitalism and how it relates to human greed and the oppression of the poorer class of people. Soros work toward an Open Society would couple with these writings in order to really showcase just how important this stance is.

Now, George Soros is a political activist who stands for progressive ideals in the United States and abroad. Soros has come out of his political hiatus in order to help combat the rising tide of President Trump’s dangerous nationalism.

For details: www.biography.com/people/george-soros-20926527