As the co-founder of Fortress Investment Group, Randal Nardone has become a very successful business man starting with his education and work experience landing him on the Forbes Billionaire List. He has found a way to make a living in the finance industry. Born in 1955, Randal Nardone lived in Greenwich, Connecticut before moving to New York City. He graduated from the University of Connecticut with a bachelor’s degree in English and Biology and moved on to the School of Law at Boston University. The law firm, Proffitt & Wood, was the first job the billionaire landed becoming a partner and executive committee member.
Next, he explored the finances industry joining Blackrock Financial Management obtaining the principal job there. After many years with these companies, Randal Nardone then became the co-founder of Fortress Investment Group in 1998 and CEO as of 2013.Now under the reigns of his own company, Randal Nardone has been able to expand Fortress Investment Group into the “Hedge fund Manager of the year” as of 2014 and “Management firm of the year”. In addition to his service at Fortress, he is also the president and chairman of Springleaf Financial Holdings, the CEO of Fortress Registered Investment Trust, and secretary/vice president of Newcastle Investment Holdings.
With over 2,500 employees, the company has seen great turnover and ratings from them. Fortress Investment Group loves to challenge their workers to provide their best work and stay well connected with the management while being employed. The options are endless for the employees as they are given opportunity to grow within the company as well as giving the best service to their community and consumers. These factors have affected Randal Nardone’s net worth landing him the 557th position of richest man according to Forbes Billionaire list with 1.8 billion dollars.