Randal Nardone is co founder and CEO of the Fortress Investment Group. The Fortress Group was founded in 1998 where he served as co founder and principal. He began on his career path at the Law Firm of Thacher, Proffitt and Wood where he was a partner and member of the executive committee. He attended the University of Connecticut where he received an undergraduate degree in Science as well as English. He also received a Juris Doctorate Degree from Boston University School of Law.
Other notable accomplishments include Randal Nardone’s time as a principal of Blackrock Financial Management Incorporated before becoming a managing director of UBS. Nardone has served on many other boards as a director and member of executive management. Some of these boards include Brookdale Senior Living, Gagfah, Springleaf Holdings and New Residential Investment Corporation.
Randal Nardone was ranked number 557 on the Forbes’ Billionaire list in 2007, and his success can be credited mostly to his roles at the Fortress Investment Group. His current net worth is 1.8 billion and he is considered a self made billionaire.
SoftBank acquired The Fortress Investment Group late last year after finalizing all conditions of the merger agreement. Concern over the future leadership of the Fortress Group was expressed, but Randal Nardone is reported as saying he would remain the leader of the group for the foreseeable future. Fortress Investment Group will continue to operate independently of the Japanese Group, SoftBank.
The Fortress Investment Group has been praised by it’s employees for the experience they are able to have and the growth they undergo as part of it’s team. Work hours are no more lengthy than what is expected in that line of work. The overall environment of the company is a friendly one and the compensation and benefits meet the workload and expectations laid upon them.
The Fortress Investment Group has thrived and expanded as a result of Randal Nardone’s leadership. His experience and business expertise has catapulted the company into a wealth of ever growing ventures. The future looks bright for the company, and Randal Nardone is expected to be the harbinger of good tidings to come.