Randal Nardone is an interesting figure in the field of finance and market equity. He is one of the initial co-founders of Fortress Investment Group. Fortress Investment Group is a profitable investment firm that began functioning in 1998. Randal Nardone began the company with two of his business associates as an answer to their growing desire to formulate their own business centered around equity management. Originally, they had hoped to work with individuals in the private sector but their success as a company began to draw in more corporate clients. Today they are managing more than $4.3 billion in private equity and much of their business is still dedicated towards businesses with an overall management number of $40.9 billion.
This extreme level of success experienced by Fortress Investment Group highlights the competence level of Randal Nardone. He has been a guiding fixture of the company from the very beginning. His current title is that of Principle and he has served at various times as a CEO for the company as well. His personal wealth is also grown as a result of the company’s exponential expansion. With more than $1.8 billion worth of personal wealth, Randal Nardone is one of the wealthier executives in his field. This is put him in a position to not only offer exceptional services to his clients but also act as a mentor to those professionals that are employed by his company.
Randal Nardone started his career out in law instead of investing. He believed that he wanted to work in a law office, which he did for several years. He received his Juris Doctor from Boston University School of Law and immediately began his career at a very well-respected law firm. He did well there and even move up to partner, but the call to enter the world of investing was way too strong. He has been working with Fortress Investment Group in some capacity since those days. He has offered his substantial leadership skills to other businesses along the way by he always seems to come back to Fortress Investment Group, where it all began. Meet Fortress Investment Group’s Ex-Billionaire Interim CEO