The business environment is quite challenging given the many forces that continually shape the space. For successful navigation, leaders must exhibit excellent abilities and talents to propel them to greater heights. For Randal Nardone, it has been the same, having to overcome numerous challenges to become one of the most celebrated business leaders of the world.
Randal Nardone became Fortress Investment Group in 2009, having been part of the management committee since 1998 when he joined the company. He joined forces with Wens Edens in 2006 to establish Fortress Investment Group where he currently holds the position of Principal, Director, and CEO.
Fortress has seen tremendous growth since Randal Nardone took over as the CEO controlling assets valued at over $43 billion for thousands of investors around the world in the areas of private equity, capital markets, asset-based investing, and hedge funds among others. The zealous leader displays exceptional leadership and is a widely acclaimed financial strategist in the industry.
Currently, Randal ranks 557th in the Forbes list of World Billionaires, a position he has earned through hard work and continuous innovative efforts in business. His law degree from Boston University (School of law) and experience in the world of finance gives him a unique combination to tackle financial challenges that are often attached to some legal aspects. For his clients, he designs strategies that encompass both the legal and financial issues for seamless business operations.
Randal Nardone has in the past served under various capacities at UBS and BlackRock Financial Management following the start of his career at Thacher Proffitt & Wood Law Firm. At Fortress, he sits in boards of the company’s subsidiaries playing an advisory role.
Nardone has excellent strategic planning skills. He spearheaded the recent purchase of Fortress by SoftBank at the cost of $3.3 billion, and he is of the opinion that the company has better prospects and position itself as the pace-setter in the industry. In the agreement, Fortress will continue its operations as a separate entity. The business leader continues to be a role model for aspiring business leaders with a track record to be emulated.