In 1998, Randal Nardone and his colleagues Wes Edens and Rob Kauffman resolved to work jointly and established Fortress Investment Group which is an asset managing firm with its headquarters situated in New York City. Over the years, it has experienced exponential growth regarding its assets to the extent of being listed in the New York City Stock Exchange as well as being grouped with the elite firms globally. It has also been recognized internationally due to its good name and excellent reputation in the financial sector. Therefore, it was awarded twice in 2014 due to its spectacular performance.
It is clear that Randal Nardone has a steady educational background having schooled in Boston University for his undergraduate studies in both Biology and English. Also, he had been in the University of Connecticut where he got the opportunity to pursue his post-graduate studies in Juris Doctor Degree. Therefore, this reveals that Randal is an educated and informed gentleman. After his academics, he ventured into several financial institutions where he in various top positions such as; at BlackRock Financial Holdings, he worked as its principal. Also, he had served in Newcastle Investment Holdings where he held the position of the Vice-President. Randal by working in these institutions, he had a golden chance to learn more regarding financial issues thus put him in another platform of being among the most highly experienced in the financial industry.
Currently, Randal Nardone holds the Chief Executive Officer position in Fortress Investment Group, and besides this role, he is entrusted with managing the legal and financial issues affecting the firm. Also, he is the co-founder of Fortress and has been a member of its managing committee for more than a decade. Randal Nardone’s resilience and urge to know more in the financial industry has motivated him to work harder to the point that his rate of acquiring wealth has seen him grouped with the few billionaires globally.
Besides his daily official work at Fortress Investment Group, Randal Nardone is also a partner and a board member of many organizations in which he makes critical decisions regarding their operations. Also, as a billionaire, Randal figured out a way to give back to the society through philanthropy. He has been funding education programs for the children from low-income families to ensure that they grow to become the pillars of their families. Other activities in which Randal participates include but not limited to environmental conservation.