Legendary hedge fund manager and co-founder of Blackrock Capital Management, Seth Klarman first made his mark investing in distressed debt, which was depressed and with a high risk of default. In a world that was increasingly risk-averse, he was able to identify value in assets that others overlooked and started spotting undervalued companies. He founded his hedge fund company, Edens, and built it from the ground up. After graduating from Oregon State University, Wesley Robert Edens took a position with California Public Employees Retirement System (CalPERS). He was there for four years before moving to the real estate sector in the early 90s.
1. He owns an English football club
In July 2018, Edens and Nassef Sawiris bought a significant share in the English Championship football club, Aston Villa. The club is owned by the billionaire Randy Lerner. The deal was worth approximately $76 million.
2. He’s a mountaineer in his spare time
Wes Edens is a mountaineer and an avid skier. He has climbed Mount Everest and has skied in the Alps. He also likes to watch baseball and football games.
3. He’s a philanthropist
In 2013, Wes Edens donated $100 million to his alma mater, Oregon State University. As of 2018, he has donated over $300 million to various causes. He is also an active member of the Giving Pledge, which asks billionaires to donate at least half of their wealth during their lifetime through charity work.
4. He’s a big supporter of education
Wes Edens believes that education is the key to success in life. He supports it by funding scholarships for students from low-income families and giving them financial aid to pursue higher education.
Edens is a significant figure in the finance world. He has been involved in many successful investments and has also contributed to the education system. He is an excellent example of how one can become successful and wealthy by following their passion and hard work.