The billionaire American investor, Wes Edens can look back on 2018 as one of the busiest of his career in many different sectors. The established Fortress Investments and New Fortress Energy brands are continuing to perform above expectations while his latest deals are moving along at a fast pace. In both sports and the travel sector, 2018 proved itself to be a year to remember for the co-owner of the Milwaukee Bucks NBA franchise.
The year began for Wes Edens with the latest announcements regarding the Brghtline rail service based in Florida. January 2018 saw the first active services begin on the only privately-owned passenger service operating in the U.S. The first services on the West Palm Beach to Miami have proven a success with Wes Edens company gaining federal funding to expand their service to Orlando.
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Not satisfied with the planned expansion of the Florida-based Brightline services, Edens sanctioned the purchase of the Xpress West company based in Las Vegas. This rail provider has already begun the planning phase for a proposed private passenger service between Las Vegas, Nevada, and Victorville, California. The company has a long-term plan to expand further into California and bring their service to parts of Los Angeles.
After making an initial success of his rail service, Wes Edens switched his focus to expanding his interests in sports with the purchase of a controlling stake in the English soccer team, Aston Villa. Partnering with London-based billionaire Nassef Sawiris, Edens hopes to bring the good times back to the Villa Park stadium after relegation from the Premier League in 2016.
Wes Edens saw the possibilities for investment at Aston Villa provided by the former owner, Dr. Tony Xiu struggling to extract funds from his home nation of China. Aston Villa fans have welcomed the arrival of Wes Edens because of his excellent track record of success in the U.S. with the Milwaukee Bucks.