Last updated: 17 May 2022 at 8:43pm EST

Wesley Edens Net Worth




The estimated Net Worth of Wesley R Edens is at least $4.59 Billion dollars as of 13 May 2022. Mr. Edens owns over 2,000,000 units of Drive Shack Inc stock worth over $994,114 and over the last 19 years he sold DS stock worth over $4,588,673,493. In addition, he makes $0 as Chairman of the Board at Drive Shack Inc.

Mr. Edens DS stock SEC Form 4 insiders trading

Wesley has made over 40 trades of the Drive Shack Inc stock since 2005, according to the Form 4 filled with the SEC. Most recently he bought 2,000,000 units of DS stock worth $2,980,000 on 13 May 2022.

The largest trade he's ever made was exercising 69,366,932 units of Drive Shack Inc stock on 3 June 2020 worth over $11,792,378. On average, Wesley trades about 3,329,676 units every 68 days since 2005. As of 13 May 2022 he still owns at least 5,847,728 units of Drive Shack Inc stock.

You can see the complete history of Mr. Edens stock trades at the bottom of the page.





Wesley Edens biography

Wesley Robert Edens serves as Chairman of the Board of the Company. Mr. Edens has been Chairman of our Board since our inception and served as our Chief Executive Officer from our inception until February 2007. He is the Co-Chief Executive Officer of Fortress Investment Group LLC (“Fortress”, a global investment management firm) and has been a member of the board of Directors of Fortress since November 2006. Mr. Edens has been a member of the Management Committee of Fortress since co-founding Fortress in May 1998. Mr. Edens is responsible for oversight of Fortress’ private equity and publicly traded alternative investment businesses. Mr. Edens is the Chief Executive Officer and Chairman of the Board of Directors of New Fortress Energy LLC (NASDAQ: NFE), a global energy infrastructure company. He is a director of Mapeley Limited (a large full service real estate outsourcing and investment company in the United Kingdom). Mr. Edens previously served on the boards of the following publicly traded companies and registered investment companies: Gannett Co., Inc.(formerly New Media Investment Group Inc., a publisher of print and online media) from November 2013 to May 2019; OneMain Holdings, Inc. (a leading consumer finance company) from October 2013 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 December 2013 to October 2016; Nationstar Mortgage Holdings Inc. (a residential mortgage loan originator and servicer) from February 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.



How old is Wesley Edens?

Wesley Edens is 58, he's been the Chairman of the Board of Drive Shack Inc since 2007. There are 4 older and 10 younger executives at Drive Shack Inc. The oldest executive at Drive Shack Inc is Virgis Colbert, 81, who is the Independent Director.

What's Wesley Edens's mailing address?

Wesley's mailing address filed with the SEC is 111 W. 19TH STREET, 8TH FLOOR, , NEW YORK, NY, 10011.

Insiders trading at Drive Shack Inc

Over the last 8 years, insiders at Drive Shack Inc have traded over $149,933 worth of Drive Shack Inc stock and bought 9,690,719 units worth $25,544,970 . The most active insiders traders include Wesley R Edens, Research Corp Acacia, and William J Clifford. On average, Drive Shack Inc executives and independent directors trade stock every 79 days with the average trade being worth of $69,010. The most recent stock trade was executed by Hana Khouri on 16 May 2022, trading 14,500 units of DS stock currently worth $25,085.



What does Drive Shack Inc do?

Drive Shack Inc. is a leading owner and operator of golf-related leisure and entertainment businesses.



What does Drive Shack Inc's logo look like?

Drive Shack Inc logo

Complete history of Mr. Edens stock trades at Gaming and Leisure Properties Inc, PENN Entertainment Inc, Brookdale Senior Living Inc, Crown Castle Inc, Drive Shack Inc, New Residential Investment Corp, New Senior Investment Inc, OneMain Inc, Brookfield Real Assets Income Fund Inc, and New Fortress

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
13 May 2022 Wesley R Edens
Director
Buy 2,000,000 $1.49 $2,980,000
13 May 2022
5,847,728
11 May 2022 Wesley R Edens
Director
Buy 2,000,000 $1.14 $2,280,000
11 May 2022
4,847,728
11 Mar 2020 Wesley R Edens
Director
Buy 1,751,955 $1.51 $2,645,452
11 Mar 2020
4,714,591
16 May 2018 Wesley R Edens
Director
Buy 51,084 $5.78 $295,266
16 May 2018
3,188,178
14 May 2018 Wesley R Edens
Director
Buy 400,000 $5.30 $2,120,000
14 May 2018
3,137,094
21 Nov 2017 Wesley R Edens
Director
Buy 482,697 $6.00 $2,896,182
21 Nov 2017
2,737,094
15 Nov 2017 Wesley R Edens
Director
Buy 257,091 $4.50 $1,156,910
15 Nov 2017
2,254,397
10 Nov 2017 Wesley R Edens
Director
Buy 561,317 $4.09 $2,295,787
10 Nov 2017
3,622,186
7 Nov 2017 Wesley R Edens
Director
Buy 398,895 $3.97 $1,583,613
7 Nov 2017
3,341,446
2 Mar 2017 Wesley R Edens
Director
Buy 1,000,000 $4.20 $4,200,000
2 Mar 2017
3,142,000
3 Jun 2020 Wesley R Edens
Chief Executive Officer
Option 69,366,932 $13.70 $950,326,968
3 Jun 2020
18,997,047
29 Mar 2019 Wesley R Edens
Chief Executive Officer
Buy 186,099 $11.29 $2,101,058
29 Mar 2019
3,278,199
28 Mar 2019 Wesley R Edens
Chief Executive Officer
Buy 592,100 $9.84 $5,826,264
28 Mar 2019
3,092,100
4 Feb 2019 Wesley R Edens
Chief Executive Officer
Buy 2,500,000 $14.00 $35,000,000
4 Feb 2019
2,500,000
18 Dec 2017 Wesley R Edens
Director
Sale 7,500,000 $25.10 $188,250,000
18 Dec 2017
54,937,500
7 Dec 2017 Wesley R Edens
Director
Sale 1,000,000 $26.00 $26,000,000
7 Dec 2017
62,437,500
10 Nov 2017 Wesley R Edens
Director
Sale 10,000,000 $26.00 $260,000,000
10 Nov 2017
63,437,500
24 May 2016 Wesley R Edens
Director
Sale 10,530,624 $31.32 $329,819,144
24 May 2016
0
24 May 2016 Wesley R Edens
Director
Sale 10,530,624 $31.32 $329,819,144
24 May 2016
0
27 Aug 2015 Wesley R Edens
Director
Buy 200,000 $11.36 $2,272,000
27 Aug 2015
200,000
15 Jun 2015 Wesley R Edens
Director
Sale 3,245,764 $15.88 $51,542,732
15 Jun 2015
518,545
9 Jun 2015 Wesley R Edens
Director
Option 6,159,526 $7.87 $48,475,470
9 Jun 2015
6,678,071
22 Aug 2014 Wesley R Edens
Director
Sale 191,600 $6.30 $1,207,080
22 Aug 2014
0
2 Jun 2014 Wesley R Edens
Director
Sale 18,424,895 $32.00 $589,596,640
2 Jun 2014
0
8 Nov 2010 Wesley R Edens
Director
Sale 11,040,624 $18.76 $207,122,106
8 Nov 2010
0
17 May 2010 Wesley R Edens
Director
Sale 7,915,491 $18.36 $145,328,415
17 May 2010
0
13 Nov 2009 Wesley R Edens
Director
Sale 18,205,000 $15.52 $282,541,600
13 Nov 2009
10,740
28 Nov 2008 Wesley R Edens
Director
Sale 8,215,358 $3.68 $30,232,517
28 Nov 2008
25,012,642
29 Aug 2008 Wesley R Edens
Director
Sale 61,300 $22.16 $1,358,408
29 Aug 2008
0
29 Aug 2008 Wesley R Edens
Director
Sale 63,700 $22.22 $1,415,414
29 Aug 2008
61,300
24 May 2007 Wesley R Edens
Director
Buy 100,000 $44.94 $4,494,000
24 May 2007
279,500
21 May 2007 Wesley R Edens
Director
Buy 130,300 $43.05 $5,609,415
21 May 2007
179,500
25 Jul 2006 Wesley R Edens
Director
Buy 17,600,867 $36.93 $650,000,018
25 Jul 2006
17,600,867
22 Nov 2005 Wesley R Edens
Director
Buy 299,200 $19.00 $5,684,800
22 Nov 2005
125,000
1 Oct 2012 Wesley R Edens
Director
Sale 30,365,000 $27.50 $835,037,500
1 Oct 2012
0
5 Jul 2007 Wesley R Edens
Director
Sale 30,419,617 $35.30 $1,073,812,480
5 Jul 2007
0


Drive Shack Inc executives and stock owners

Drive Shack Inc executives and other stock owners filed with the SEC include: