Randal Nardone is one of the few professionals who has cemented his name and character in the finance industry. He is commonly identified as the Chief Executive Officer at Fortress Investment Group and also sits as a co-founder of the company since it started in 1998. He borrows the remarkable skills that got him to his current position from gaining educational experience from the University of Connecticut where he graduated with a Bachelor’s in Arts and a Juris Doctor from Boston University’s School of Law.
Randal Nardone gained his working experience from working at a law firm, Thacher Proffitt & Wood where he rose to become a partner and a member of the executive committee. He then veered into the finance industry where he joined BlackRock Financial Management. Randal maintained the position as a principal up to 1997 left to join USB. At USB he held the managing director position. A year later, Nardone met his other co-founders Wesley Edens and Rob Kauffman, and together they founded Fortress Investment Group LLC in 1998. He has stood as Fortress Investment Group’s CEO since 2013.
Fortress Investment Group has experienced vast growth under the current leadership with Randal Nardone holding the Private Equity division in the company. Apart from being deeply involved with the Fortress Investment Group, Nardone worked for other affiliated firms including Fortress Credit Corporation where he sat as the principal and co-founder, Newcastle Investment Holdings, Springleaf Financial Holdings, and Fortress Investment Trust among others. He held significant executive positions during his times in the above-cited firms. It goes to show his skills, experience and dedication go along way into making Fortress Investment Group and the other affiliated companies the huge companies they are currently.
With the acquisition of Fortress Investment Group by Softbank Group, Randal Nardone retained his leadership roles. He is currently ranked at 557th in Forbes Billionaire list with a net worth of $1.8 Billion. A large part of his wealth is connected to his stake in Fortress Investment Group. Even with the acquisition, his influence, leadership, and skills will remain a significant component of Group.
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