Randy Nardone is the chief executive officer and the co-founder of Fortress Investment Group which is an investment management company that is based in the Newyork City. The company was established in 1998 and was founded by three partners namely Rob Kauffman, Randal Nardone, and Wesley R. Edens. The company is a private equity firm that has over 1800 clients. It has rapidly grown to become one of the industry’s giants in the hedge fund and private equity management. The company’s assets are estimated to be worth over $43.6 billion and that was as at 31st December 2017. It is also lucky to be traded publicly at the New York Stock Exchange.
Randal Nardone Career and Work Experience
Randal Nardone is only 51 years and currently appearing on the list of top billionaires across the world. He appears in position 557 and keeps on rising every day. His huge investments in the finance industry have made him the person he is. He has a net worth of $1.8 billion.
Randal is also a renowned scholar and holds a degree in English and Biology from the prestigious Connecticut University. He also holds a law degree from the famous Boston University. He quit the law industry to join the world of finance and has since then become a very sharp and brilliant investor. He also possesses awesome leadership skills and happens to be one of the best brains behind the success of Fortress Investment Group. He has served in various law firms before establishing another career line that he believes enabled him to make a breakthrough in his career.
Before establishing Fortress Investment Group, Randal Nardone served as a member and a partner of Thacher Proffitt & Wood law firm. He also worked at BlackRock Financial management as the company’s principal. In 1997 a year before joining Fortress, Randal worked as the managing director of UBS. The combination of all those experiences and executive roles equipped Randal with relevant skills that have made him become one of the most progressive and active founders of Fortress Investment Groups. He has served the company in various capacities and all that can be learned from him is the ability to improve in every situation.
Randal has been at the Fortress Investment Group since it was established in 1998. He is the person behind some of the tremendous achievements witnessed in the company. They believe in proper work ethics and are also guided by the law. Managing over 1750 investors has not been easy and they are required to prove to them that they deserve to remain in these positions.