Randal Nardone is the CEO and Co-Founder of the Fortress Investment Group LLC. He has been part of this group since 1998 where he was part of the management committee, but in 2006 he was appointed to the board of directors.
Randal Nardone history
Nardone studied at the University of Connecticut where he graduated with a Bachelor’s degree in arts, English, and biology. He then proceeded to Boston University where he studied in the school of law and got a Doctor of Jurisprudence degree. With his law degree, many expected that he would take a career path in litigation however he was more interested in asset management.
Randal Nardone and Fortress Investment Group
Randal Nardone founded the Fortress Investment Group in 1999 together with his friend Wes Edens. Back then his position was the Principal of fortress, but currently, he holds different positions in the organization. He serves as a secretary, principal, vice president, and interim CEO. However recently, he was given the position of a full CEO which he holds currently. Randal is the reason behind the success of the company. His management skills in assets and knowledge of law have helped him in managing the company to success with over 70 billion dollars in assets. The company also received an award under his guidance which was the Hedge Fund Manager of the year.
Randal’s position in the Forbes billionaire list.
He made it to Forbes Billionaire list at number 557 being a success story in history by making significant achievements in Fortress Investment Group. He is highly recognized for all of his six investment pools which have led to the expansion of the marketing field.He has not only been able to succeed as an Interim CEO at Fortress Investment, but also, he is experienced in law and is the director in many organizations. Randal Nardone’s net worth is $1.8 billion, and he has earned close to one hundred million dollars in compensations.