In 1998, Randal Alan Nardone helped found Fortress Investment Group LLC. Mr Nardone has served as the Principal of the firm since it was established and was elected C.E.O in 2013. Also, he serves as one of the company’s directors. Mr Nardone holds the capacity of President at Ncs 1 Llc. Besides that, he is the Principal of Fortress Credit Corp. In addition, he is the President and Chairman of Springleaf Financial Holdings, LLC.
Randal Nardone’s career took off after he graduated from high school. Mr Nardone enrolled at Connecticut University. Here, he majored in English and Biology and graduated with a bachelor’s degree. Mr Nardone then went on to study law at Boston University. He completed law school and got his first job at Thacher Proffitt & Wood law firm.
Mr Nardone left the law industry after a few years to join the financial sector. In May 1997, he joined UBS as the managing director. He worked in this position for one year. Before he joined UBS, Randal Nardone served as BlackRock Financial Management’s Principal. It was in 1998 that Mr Nardone launched his entrepreneurial journey when he helped found Fortress Investment Group LLC with his colleague Wesley Edens.
Needless to say, Randal Nardone’s previous experience in the financial and law sectors played a major role in the success of his newly founded firm. With the help of his colleagues, he was able to build the investment firm into a prosperous business. His skills and expertise enabled him to maintain a top leadership role in the firm’s management. Under his guidance, Fortress Investment Group LLC went on to become one of the most respectable firms in the financial field. In 2007, the firm won the Hedge Fund Manager of the Year. More recently, in 2014, Fortress Investment Group LLC was awarded the Management Firm of the Year in 2014 prize for its outstanding achievements in that year.
Randal Nardone success has been recognized by Forbes MAGAZINE who rank him number 557 in the list of the richest persons in the world with 1.8b dollars as his estimated worth.