Nardone is the co-founder, and principal at Fortress Investment Group. He co-founded the company in 1998 and was voted to be among the board of directors in 2006 and Chief Executive Officer in 2013. He also co-founded Fortress Investment Fund IV, and Fortress Investment Fund V, L.P. within the same company.
Educational Background and Career Achievement.
Randal Nardone has Bachelors of Arts in English and Biology from the University of Connecticut. He also holds a J.D. from Boston University School of Law. Randal Nardone worked as a managing director of UBS and before joining the Swiss banking giant, he worked as a principal of Black Rock as a financial manager. He was a partner and member of the executive committee at the law firm of Thacher Proffitt & Wood.
Boards and Advisory Roles
Randal Nardone holds leadership positions at Eurocastle Investment, FMA LLC, FIG LLC, FM Falstaff Advisors, he is the chief operating officer and secretary at Impac Commercial Holdings, Seacastle, Florida East Coast Railway, Spring leaf REIT that deals with consumer lending and credit insurance, and the secretary at Newcastle Investment Holdings. He is also the director at Brookdale Senior Living and in the executive management of New Residential Investment Corp. He later became the interim Chief Executive Officer of Fortress Investment group in 2013.
Randal Nardone Appears on Forbes List
Are you a billionaire? If you aspire to be one, ensure you appear in Forbes magazine. You are not a billionaire yet until Forbes magazine publishes your name. Randal appeared on Forbes billionaires list in the world. He was named as a self-made billionaire with the net worth of I.8 billion as of 2007.
Randal Facilitates the Acquisition of Fortress Investment Group by SoftBank.
After Both parties were satisfied with the terms and conditions; the Japan-based Softbank purchased fortress investment group for $3.3 billion. The company works as an independent entity but under the umbrella of SoftBank. According to SoftBank press release, fortress investment will still be under the management of the co-founders and principals. Randal said selling Fortress was the best decision because the acquisition will help the company grow and become global.Being a self-made leader billionaire is not easy. Randal is a born leader who co-founded a company that he has led and seen it grow into a multi-billion global company. His hard work and dedication to work leaves a lot to be desired.