Wesley R.  Edens net worth and biography

Wesley Edens Biography and Net Worth

CEO and Chairman of the Board of New Fortress Energy

Mr. Edens has been our Chief Executive Officer and the Chairman of our board of directors since August 2018. He is also the Chairman of the board of directors of Drive Shack Inc. (an owner and operator of golf-related leisure and entertainment businesses).

Mr. Edens was the Co-Chief Executive Officer of Fortress and was a member of the board of directors of Fortress from November 2006 to May 2024. Mr. Edens was a member of the Management Committee of Fortress since co-founding Fortress in May 1998 to May 2024. Mr. Edens was responsible for oversight of Fortress’ private equity and publicly traded alternative investment businesses. Additionally, Mr. Edens previously served on the board of the following publicly traded companies and registered investment companies: OneMain Holdings, Inc. (a leading consumer finance company) from November 2010 to June 2018, Fortress Transportation and Infrastructure Investors LLC (which owns and acquires high quality infrastructure and equipment essential for the transportation of goods and people globally) from May 2015 to May 2016; Intrawest Resorts Holdings Inc. (a resort and adventure company) from January 2014 to July 2017; Gaming and Leisure Properties, Inc. (an owner and operator in the gaming and racing industry) from October 2013 to October 2016; Nationstar Mortgage Holdings Inc. (a residential mortgage loan originator and servicer) from 2012 to July 2016; New Residential Investment Corp. (a real estate investment trust primarily focused on investing in residential real estate related assets) from April 2013 to May 2016; Brookdale Senior Living Inc., from September 2005 to June 2014; GAGFAH S.A. from September 2006 to June 2014; PENN National Gaming Inc. from October 2008 to November 2013; GateHouse Media Inc. from June 2005 to November 2013; Aircastle Ltd. from August 2006 to August 2012; RailAmerica Inc. from November 2006 to October 2012; Eurocastle Investment Ltd., from August 2003 to November 2011; Whistler Blackcomb Holdings Inc., from October 2010 to November 2012; Fortress Registered Investment Trust, from December 1999 until it deregistered with the SEC in September 2011; FRIT PINN LLC, from November 2001 until it deregistered with the SEC in September 2011; Gannet Co Inc. from November 2013 to May 2019; Mapeley Limited from May 2005 to May 2023; and New Senior Investment Group Inc. (a real estate investment trust with a diversified portfolio of senior housing properties located across the United States) from November 2014 to January 2019.

Prior to co-founding Fortress, Mr. Edens was a partner and managing director of BlackRock Financial Management Inc. (an investment management firm), where he headed BlackRock Asset Investors, a private equity fund. In addition, Mr. Edens was formerly a partner and managing director of Lehman Brothers Holdings Inc.

Mr. Edens’ extensive credit, private equity finance and management expertise, extensive experience as an officer and director of public companies and his deep familiarity with our Company led the Board to conclude that Mr. Edens should serve as a director.

What is Wesley R. Edens' net worth?

The estimated net worth of Wesley R. Edens is at least $316.14 million as of October 1st, 2024. Mr. Edens owns 35,721,915 shares of New Fortress Energy stock worth more than $316,138,948 as of March 30th. This net worth estimate does not reflect any other assets that Mr. Edens may own. Learn More about Wesley R. Edens' net worth.

How old is Wesley R. Edens?

Mr. Edens is currently 62 years old. There are 3 older executives and no younger executives at New Fortress Energy. Learn More on Wesley R. Edens' age.

How do I contact Wesley R. Edens?

The corporate mailing address for Mr. Edens and other New Fortress Energy executives is 111 W. 19TH STREET 8TH FLOOR, NEW YORK NY, 10011. New Fortress Energy can also be reached via phone at (516) 268-7400 and via email at ir@newfortressenergy.com. Learn More on Wesley R. Edens' contact information.

Has Wesley R. Edens been buying or selling shares of New Fortress Energy?

Wesley R. Edens has not been actively trading shares of New Fortress Energy over the course of the past ninety days. Most recently, on Tuesday, October 1st, Wesley R. Edens bought 5,793,742 shares of New Fortress Energy stock. The stock was acquired at an average cost of $8.63 per share, with a total value of $49,999,993.46. Following the completion of the transaction, the chief executive officer now directly owns 35,721,915 shares of the company's stock, valued at $308,280,126.45. Learn More on Wesley R. Edens' trading history.

Who are New Fortress Energy's active insiders?

New Fortress Energy's insider roster includes Desmond Catterall (Director), Wesley Edens (CEO and Chairman of the Board), C. Griffin (Director), Christopher Guinta (CFO), Timothy Jay (Director), John Mack (Director), and Katherine Wanner (Director). Learn More on New Fortress Energy's active insiders.

Are insiders buying or selling shares of New Fortress Energy?

During the last twelve months, New Fortress Energy insiders bought shares 2 times. They purchased a total of 5,798,742 shares worth more than $50,042,843.46. The most recent insider tranaction occured on March, 13th when CFO Christopher S Guinta bought 5,000 shares worth more than $42,850.00. Insiders at New Fortress Energy own 37.1% of the company. Learn More about insider trades at New Fortress Energy.

Information on this page was last updated on 3/13/2025.

Wesley R. Edens Insider Trading History at New Fortress Energy

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Wesley R. Edens Buying and Selling Activity at New Fortress Energy

This chart shows Wesley R Edens's buying and selling at New Fortress Energy by year and by quarter.

Skip ChartChart Data in Insider Trading History Table
2022202320242025$0bought$0soldQ1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1-$40M-$20M$0$20M$40MTotal Insider BuyingTotal Insider Selling

New Fortress Energy Company Overview

New Fortress Energy logo
New Fortress Energy Inc. operates as an integrated gas-to-power energy infrastructure company that provides energy and development services to end-users worldwide. The company operates in two segments, Terminals and Infrastructure, and Ships. The Terminals and Infrastructure segment engages in the natural gas procurement and liquefaction; and shipping, logistics, facilities and conversion, or development of natural gas-fired power generation. The Ships segment offers floating storage and regasification units (FRSU) and liquefied natural gas (LNG) carriers which are leased to customers under long-term or spot arrangements. The company operates LNG storage and regasification facility at the Port of Montego Bay, Jamaica; marine LNG storage and regasification facility in Old Harbour, Jamaica; Dual-fired combined heat and power facility in Clarendon, Jamaica; landed micro-fuel handling facility in San Juan, Puerto Rico; and LNG receiving facility and gas-fired power plant in Baja Califrnia Sur, Mexico, as well as a Miami facility. New Fortress Energy Inc. was founded in 1998 and is based in New York, New York.
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Today's Range

Now: $8.85
Low: $8.56
High: $9.24

50 Day Range

MA: $11.84
Low: $8.51
High: $16.29

2 Week Range

Now: $8.85
Low: $7.58
High: $30.80

Volume

9,686,955 shs

Average Volume

4,218,439 shs

Market Capitalization

$2.42 billion

P/E Ratio

9.73

Dividend Yield

1.08%

Beta

1.58