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The Success Story of Randal Nardone to Become among the Worlds Best Company Managers

It takes courage, entrepreneurial skills and extensive experience, not only to start a company but also sustain and see it grow to compete in the market. Randal Nardone, in partnership with Wes Edens, took it upon themselves to start an investment firm not knowing it will thrive to be the largest worldwide investment company it is now. Randal Nardone is the co-founder and current CEO of Fortress Investment Group.

Randal Nardone is well experienced in the finance sector, and prior to joining Fortress Investment Group, he worked with many other companies in the finance industry. In 2006, he became a member of the board of directors of Fortress. Since 1998, the Fortress boss has been part of the investment firm’s growth to become a worldwide leader in investment while managing over $40 billion worth of assets on behalf of over 1500 clients across the world.

Randal Nardone, with a net worth of about $1.8 billion, was listed in Forbes’ magazine’s list of world billionaires in 2007. He raised to the billionaire’s club in early 2007 after Fortress’s IPO as part of the “Fortress Five”.

The Fortress boss has extensive experience and good managerial skills having served in UBS as a managing director. UBS is a giant Swiss banking company. Apart from holding the prestigious position in UBS, he was also a principal of BlackRock Financial Management. Additionally, prior to joining BlackRock Financial Management, he was a partner as well as member of the executive committee at Thacher Proffitt & Wood. His career background played a huge role in preparing him for his position at Fortress Investment Group and that is evident owing to the continuous growth of the firm.

He started off by going to a law school. He did not anticipate to become a financial expert he became. He graduated from Boston University’s School of Law and enrolled for his second degree in Connecticut and later graduated with a Bachelor of Arts in English and Biology. Afterward, he became interested in finance and joined the industry.

Apart from holding an executive position in Fortress Investment Group, he holds other various executive positions in various companies such as Springleaf Financial Holdings, Eurocastle Investment Limited among others.

Under the leadership of Nardone, Fortress Investment Group has expanded and ventured into new markets. Furthermore, it has established many affiliations, ties and partnerships across the world. One partnership that can’t go unnoticed is the acquisition of Fortress Investment Group by SofBank. Randal Nardone was noted saying that he welcomes the move and that it offers the company more growth opportunities through access to more credit sources.

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