Randal Nardone holds a Bachelor of Arts in science from Connecticut University and acquired J.D from Boston University. He is the CEO and the co-founder of Fortress Investment Group. He has been the CEO as from August 2013 and the principal from 1998. Fortress Investment Group is well recognized for running private-equity pools and also providing credit resources.Aged 55 years, Randal Nardone is in position 557 in the list of billionaires. In 2007, he graced Forbes magazines for being among the list of World of Billionaires with the estimated net wealth of $ 1.8 billion. Previously, he worked in UBS as the managing director. Earlier before he joined the Swiss banking giant, he worked as BlackRock principal in financial management.
Previously, he was a member and a partner of the management board at the law industry of Thacher Proffitt & Wood. The main reason for opening Fortress Investment Group was to help other investors. Randal Nardone had an idea of providing individuals with an opportunity for a brighter future. He knew that he wanted to make differences on the people who worked on their own. Due to the good establishment of the company, the company thrived within a short time as he remained to be an active member of the business. He was confident of his skills which made a huge difference to the employees and the clients. The company thrived, and they worked hard to give people the opportunity they needed to be successful. He felt that it was his responsibility to give business people what they want in order to succeed.
When Softbank asked about acquisition opportunities, he agreed to it.Randal Nardone wanted them to have Fortress Investment Group since it meant more chances for them. By trying things on their own, he wanted them not to struggle with all pressures that come along when running an industry on their own. By having a head company meant that they got the support they required to help them get better and grow on their own. This was his way of giving people an opportunity of trying things out on their own. The staffs feel they work with thoughtful and smart people. Currently, SoftBank Vision Fund serves nations in technologies and business. It has $36.1 assets, and it manages over 17500 customers and also private investors. Randal Nardone has also served in various senior positions such as the secretary and the vice president of Newcastle Investment Holdings LCC. He serves as the principal, COO and the CEO of Fortress Registered Investment Trust where he is also a co-founder.