Menu

Missy Broome

It's Missy!

Wes Edens and His Railroad Projects

Wes Edens is the co-founder of the Fortress Investment Group. He has invested over three billion dollars with Fortress to have a private passenger railroad built in Florida. He became successful through Fortress and is also the co-CEO. He considers one of his strengths to be believing in something when no one else does. Fortress being the first private fund to become public gave him a stake of 2.3 billion dollars.

Wes Edens was raised in Montana by a psychologist and a school teacher. He lived on a ranch and spent a lot of time in the outdoors. There wasn’t much television available, so he had to find other things to keep himself occupied. He got involved in ski racing and is currently into rock climbing. He studied financing and business administration at Oregon State University. After graduating, he worked at a bank in San Francisco. It was suggested by an acquaintance that he try to go to Wall Street in New York. He went to New York and worked for Lehman Brothers. He then moved to BlackRock, where he started Fortress with some of his colleagues. They took out a private fund and ended up suffering a financial crisis. To know more click here.

Wes Edens read a book talking about Henry Flagler that made him want to build companies instead. He decided he wasn’t satisfied with his career being investing. This lead to him founding New Fortress Energy. His private railroad was named Brightline. It started out running between Fort Lauderdale and West Palm Beach. It then extended to run to Miami. There are plans for it to run to Orlando and then Tampa. Wes Edens plans to build rail services between cities that are a bit far out to drive to, but too close to fly to. Cities such as Atlanta and Charlotte, and Dallas and Houston.

Learn more: https://www.crunchbase.com/person/wes-edens

Leave a Reply