Randal Nardone is the co-establisher, as well as, Fortress Investment Group’s Interim Chief Executive Officer. Randal joined Fortress Investment Group in 1998 as Fortress Group’s principal and co-founder. Since his entry into the organization, Randal has demonstrated his exclusiveness in managing the company. Not only the firm but also other prestigious agencies including the Forbes magazine recognized Randal’s leadership abilities. In 2007, Forbes Magazine listed Randal Nardone among the most famous world billionaires. At that time, Randal’s total net worth summed to approximately $1.8 billion. Randal’s zeal for the attainment of further achievement and wealth did not stop after his recognition by the Forbes Magazine. Instead, Randal utilized Fortress Investment Group’s IPO opportunity to boost his wealth in 2007.
The exemplary performance of Mr. Nardone stems from his educational skills and his previous exposure. Randal Nardone attended Connecticut University where he pursued a degree in science. Randal furthered his studies at the University of Boston, particularly the law school, where he acquired his Juris Degree. After the completion of school, Randal amassed himself into the professional world as a job seeker, as well as, a mentor and a corporate leader. At Fortress Investment Group, Randal’s primary role was geared towards leadership. Mr. Nardone comprehended the relevance of an outstanding leadership technique for the providence of quality services by the company given its crucial role in the market. Fortress Investment Group offered private equity services to other firms, thus, the critical nature of the organization’s management. Consequently, Nardone worked at his best to ensure the expansion of Fortress, as well as, the diversification of the company’s services and facilities.
Before joining Fortress Investment Group, Randal Nardone worked in other organization including Fortress Credit Corporation, Newcastle Investment Holdings, and Springleaf Financial Holdings among others. In Nardone’s tenure in the different organizations, Randal played significant roles as the agencies’ senior executive. Besides working in different financial institutions, Mr. Nardone possesses utmost experience in the litigation sector, which generates from his exposure at the Thatcher Proffitt & Wood law firm. Nardone’s experience in a variety of organizations has overtime provided him with the confidence to interact with other executives. Recently, SoftBank Group Corp. announced its plan to purchase Fortress Investment Group. SoftBank plans to take over the company in a $3.3 billion purchase. According to Randal Nardone, SoftBank’s acquisition of the Fortress Investment Group will help sustain the organization bringing it back as a famous asset manager in the United States.