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#1680

Wesley Edens

Source of wealth: Investments

Net Worth

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Earnings per second

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The scale of their wealth

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Health

The price of life

Let's compare Wesley Edens's fortune with the healthcare spending of a massive country

Wesley Edens could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.1 years.

But even if we compare their fortune with that of a rich country

On the other end, Wesley Edens could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.5 years.

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Education

Buying the future

Let's also compare their fortune with education spending, first with a poor country

Wesley Edens could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.7 years.

And yes, we can also compare it with a rich country

But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Wesley Edens could pay for it entirely for 1.0 years.

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Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Wesley Edens could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 4.2 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Wesley Edens with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.1 years.

While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

Gold

Everyday luxuries

Gold bar

Wesley Edens's fortune is equivalent to 17 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

Gold rings

A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.

Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.

Wesley Edens could buy 4,529,810 gold rings. That's a lot of fingers and way too many gifts!!

And if you're struggling to visualize that many rings, it would take 1 trucks to transport them. Although Wesley Edens will almost certainly have enough money left over to pay for the gas.

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Biography

Wes Edens cofounded asset manager Fortress Investment Group in 1998.

A former BlackRock partner, Edens first became a billionaire alongside his four cofounders when Fortress went public in 2007.

Fortress was acquired by SoftBank in 2017 for $3.3 billion. Edens walked away with about $500 million pretax.

He is the CEO of publicly traded liquefied natural gas company New Fortress Energy.

He is a co-owner of the NBA's Milwaukee Bucks, Premier League soccer team Aston Villa and Portugal's Vitoria Club Sport soccer club.

His Brightline railway, the only private passenger line in the U.S., operates high-speed trains from Orlando to Miami.

Financial Assets

Exchange
US OTC
Ticker
GLFE-US
Company
Golf Entertainment Group
Exchange
NASDAQ
Ticker
NFE-US
Company
New Fortress Energy

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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