Wes Edens Continues To Maintain Multiple Successful Business Ventures While Earning Millions Of Dollars Every Year

Wes Edens is a billionaire and business leader who continues to take part in many different partnerships and business ventures. He is a co-founder and principal with Fortress Investment Group and has been able to help his company grow by making many successful business deals. Edens is also one of the owners of the Milwaukee Bucks, and the team has been able to improve greatly since he has become associated with it. Within half of a decade, the Bucks have gone from being last place in their division to being the number one seed.

Wes Edens graduated from Oregon State University in the mid 1980s with a degree in business administration and finance. After finishing his studies, he went to work with the Lehman Brothers where he served as the company’s managing director and partner for over five years. After doing so, he moved on to work with BlackRock Financial Management Inc. After serving with BlackRock for a few years, he made the decision to help create Fortress Investment Group. He did so with the help of Randal Nardone and Rob Kauffman, and he has served in many leadership positions there.

Wes Edens partnered with Marc Lasry to purchase the Milwaukee Bucks for $550 million. The purchase took place in 2014, and the pair bought the team from Herb Kohl. Edens and Lasry are planning on constructing a new sports arena for the team that will cost a minimum of $100 million. Edens also recently purchased a piece of the Aston Villa Football Club and is planning on helping the team to regain its former glory, too.

It was recently reported by the Milwaukee Business Journal that Wes Edens earns $54 million every year. A lot of his money comes from Fortress Investment Group, which includes his stock dividends that come from the more than 60 million shares of Fortress’s stock shares he owns. His daughter is also an up and coming entrepreneur who is thinking about buying the New York Knicks in the future. Wes Edens appears to approve of his daughter’s ambitions as he recently commented that he believes women are greatly underrepresented in the sports world.

Ricardo Guimaraes’ Leadership Exalts BMG

Ricardo Guimaraes is the heir as well as the President of Banco BMG. He is a successful banker who has been in charge of the family business since 1998. He has managed the bank to become a leader in providing payroll loans in all of Brazil, displaying his outstanding leadership and administration skills. The focus of the bank has been on providing customers who have a low level of default with credit at low-interest rates. This has seen the bank prosper over the years.

Guimaraes is a football fan, and his love for the game goes beyond this. He served as a sponsor and president of Atletico Mineiro Club, a team of which he is an avid fan. He saw an opportunity to use sports marketing as a way to strengthen his brand by spreading awareness. By having the three orange letters printed on the shirts of players all over the country, BMG has gone ahead to receive visibility as a brand. Wiki has more cover on him.
Sports advertising is a high-cost affair. However, Ricardo Guimaraes goes ahead to justify the huge cost, claiming that the financial returns and brand recognition arising from the advertising outweigh the costs incurred. He also works with impartiality when it comes to the sponsorships offered by BMG. Despite his support of Atletico Mineiro, Mr. Guimaraes states that BMG does not root for any specific team.

Through the many sponsorships offered by the bank, BMG has received brand recognition. This is a natural process as the games that are played are broadcast on national television or observed by an enormous audience from a certain region. Those that watch these matches end up becoming familiar with the brand. Today, BMG ranks as the top sponsor of football in South America’s largest country. It also ranks as the company that enjoys the highest financial returns arising from sports advertising.

Pressure in the market pushed Ricardo Guimaraes to diversify the products that the bank offers, so as to cater for the new customers drawn by the awareness created by sports advertising. To do this, he went ahead to buy two financial institutions, GE Money Brazil and the Schahin Bank. This move saw BMG compete in other areas as well as offer new products. BMG was also able to offer various types of loans, all in a bid to cater to various customer profiles. The sponsorships by BMG also go a long way in increasing the confidence of potential customers.

Andy Wirth: A Successful CEO and Survivor

The recent influx of rain very much benefits the upcoming ski season. The rains gives a much needed boost to snow making and it is a vital ingredient in order to have enough snow for a season. The rain helps recharge ground water, which is beneficial because when it is low, it can hurt the effectiveness of snowmaking ponds,as well as aquifers. Snow is able to be produced as early as next month.

One person who this particularly benefits is Andy Wirth, who is the President and CEO of Squaw Valley Ski Holdings. This is the parent company of both Squaw Valley as well as Alpine Meadows ski resorts, both in Olympic Valley, CA. Andy was recently interviewed about the how the lack of rain will affect his ski resort this winter, but with increasing rains lately, he is in better luck than he thought.

Wirth became the President and CEO of the ski resort in Squaw Valley in 2010. He replaced the former CEO, Nancy Cushing, who was a member of a family who had run the resort since the 1940s.

When Andy Wirth took over as CEO, the company upgraded its facilities to the tune of $70 million. Wirth majorly improved the mountain design and the infrastructure. He also made positive renovations to the culinary facilities, the cabins in the base area, lodging areas, and common areas where all guests can come together to socialize. Some non-tangible things were also renovated for improvement. Customer service was improved, bringing this ski resort into the top 20% for customer satisfaction when it comes to service.

In 2011, Wirth decided to combine his two nearby ski resorts, Alpine Meadows Ski Resort and Squaw Valley. They then offered a combined ticket pass to all skiers. Because Wirth conducted the acquisition of Alpine Meadows, he is now the President and CEO of each resort.

Wirth is also well known for being an active skydiver who survived a brutal accident in 2013. Wirth experienced a fall during a skydive which resulted in his right arm being torn off. This fall was due to changing wind conditions, among other unfortunate factors. His arm was surgically reattached. While waiting for help, Wirth was able to slow the bleeding of his arm until help arrived and he was airlifted to the Davis Trauma Center at the University of California. Wirth returned to his passion of his ski resorts after just shy of two months in the hospital and after going through 23 surgeries on his arm.

Adrian Peterson Just Gets Worse and Worse

Adrian Peterson had seemingly got himself out of a jam just a few weeks ago. The Minnesota Vikings football star had turned himself in to authorities for beating his child with a switch. He wrote what seemed to be an earnest apology to the world, explaining that he himself had been raised in a violent manner and that he did not understand the proper ways to discipline his child. He asked for forgiveness and expressed remorse for what he’d done.

The reaction was mostly positive. It’s not like he knocked his wife out with one punch in an elevator like Ray Rice, right? This man was just a mixed-up product of a violent childhood.

Unfortunately for the 2012 NFL MVP, this case invited scrutiny on the rest of his doings. It is now being alleged that in 2011 he used money donated to his charity to fund an orgy, yes, an orgy for his brother. His brother was underage at the time and apparently the event was a volatile night full of arguments.

His charity is called the “All Day Foundation”. Perhaps he should change it to the “All Night Foundation”. There are now investigations as to whether Peterson’s charitable organization is a scam. Peterson claims that money gets donated to religious institutions through the charity on a yearly basis.

If this doesn’t make Peterson look like a bad guy, a probe has revealed that Adrian Peterson has fathered six children by six different women. One of these kids died just a few weeks ago when the mother’s current boyfriend beat the child to death. The first time Peterson ever saw this little boy was when he was in the hospital in a coma.