The co-founder of the Fortress Investment Group is among the few individuals who have succeeded in the service industry despite the many challenges. Randal Nordone is one of the co-founders who have professional experience for an in-service sector for more than 30 years. His abilities arise from the quality education he received from the various institutions of higher learning he attended. For instance, Randal Nardone earned his first bachelor’s degrees in English and biology from the University of Connecticut. He later enrolled in School of Law at Boston University earning a Juris doctor. After his graduation, Randal Nardone was hired by Thacher Proffitt and Wood where he becomes an executive committee member and a partner. After some time his interest turned to financial service industry where he joined Blackrock Financial Management. Randal Nardone operated as a principal with Blackrock Financial Management until 1997 when he jumped ship and joined UBS to become a managing director. During his stay in the UBS for more than one year, he became one of the co-founders of the Fortress Investment Group LCC. Nardone journey at Fortress Investment Group began in 1998 where he became the CEO in 2013.
In his stay at the Fortress Investment, he has brought significant impacts to the performance of the company as well as the employees. Fortress Investment Group comprises several subsidiaries that mainly deal with providing financial services to clients. For the case of Nardone, he is the co-founder and a principal at Fortress Credit Corporation, CEO, and COO of Fortress Investment Fund and Investment Fund. Besides the Randal Nardone played a significant role in co-founding of Fortress Registered Investment Trust where he went on to serve as its vice president, COO, and secretary. Thus he is the company principal and CEO. Due to the passion he has for the delivery of financial services to the clients, he holds numerous positions in other firms. For instance, he is the president of Springleaf Financial Holdings as well as the chairman. He has set the bar in the service industry very high that other individuals will find it difficult to break. Therefore the vast experience in the service industry has enabled him to become an expert in management, credit, private and equity finance. All his effort and determination in service delivery has positively impacted Randal net worth. According to the Forbes list of billionaires, the worth of the husband and father of one is at 1.8billion dollars ranking him at position 557 and to know more