Randal Nardone’s success is not a walk in the park. He emerged as the world-class entrepreneur for following his guts and intuition. His life achievement shows that the success of the individual is not merely based on the professional career pursed at the university. The co-founder and the chief executive officer of the Fortress Investment group is the alumni of the University of Connecticut. Upon graduating, he later enrolled Boston University as a student law.
Randal Nardone partnered and started a law firm, Thacher Proffit and wood. He emerged as prowess solicitor while working in a law firm Randal Nardone developed an interest in finance. Randal Nardone landed his first job as the managing director of the USB. He didn’t rest; his aggressiveness in the job market enabled him to become the principal of the Blackrock Financial Management firm. Read more at fortress.com
Fortress Investment Firm Inception
Nardone’s passion about entrepreneurship motivated him to venture in his firm, Fortress Investment Group. Having acquired extensive knowledge and skills as an attorney and financial advisor, Randal Nardon had the ability in establishing a legal firm that provides services relating to finance. His partnership with other like-minded entrepreneurs such as Wes Edens, the firm experienced terrific growth. The firm is widely known in assisting people to invest in real estate, sole equity venture and managing hedge funds. In 2007, Hedge Fund recognised him as the manager of the year for his extraordinary leadership and by 2014, the firm was awarded the Management Firm of the Year.
Acquisition by SoftBank
Randal Nardone’s hardworking and self-driven attitude at Fortress Investment has managed to open other subsidiaries companies including Fortress Credit Corporation and Fortress Macro Advisors. To expand the growth firm, Fortress Investment Firm was acquired by SoftBank, an international Company based in Japan. The multibillionaire company agreed to pay $ 3.3 billion. Currently, the Fortress Investment firm control assets worth $40 billion.
The co-founder of the Fortress Investment Firm has been a resourceful person to other organization. Randal Nardone has served at Springleaf REIT as a member in the board of director. He was also appointed at Impact Commercial Holding Corp as secretary and head operating officer. The Forbes magazine ranked him among one of the billionaires in the globe