Randal Alan Nardone is one of the founders of Fortress Investment Group LLC which was launched in 1998. Since August 2013, he has been serving as the chief executive officer of the company. When the company was initially founded, Randal became the Principle. Currently, he serves at the Fortress Credit Corporation as the principle. He has been bestowed with other roles such as being the chairperson and president of the ever-blooming Springleaf Financial Holdings. His hard-working character has seen him being trusted with two tasks at Newcastle Investment Holdings LLC. The company recognizes Mr. Randal as the vice-chairperson as well as the secretary. His roles do not stop at that. At RIC Co-investment Fund LP, Randal serves as the Portfolio Manager, Secretary, and Chief Operating Officer. All the stated companies are just a fraction of the multinational companies that Mr. Randal Nardone has been privileged to serve.
Randal was born and brought up in the United States of America. While growing up, he was interested in business. To sharpen his skills, Mr. Nardone had to attend school. He, therefore, enrolled at Boston University School of Law. He was also privileged to attend the University of Connecticut. The importance and power of family were cultivated into Randal since he was young. This serves to explain financial services why he holds his family in high regards. He is married and has one child. Together with his family, Randal lives in New York.
The partnership between Randal, Kauffman Robert, Wesley Edens, and Briger Peter has borne fruits. The four are the most recent billionaires. Nardone has earned approximately $100 million in cash payouts for the last thirteen years. As of 2007, the net worth of Randal stood at $1.8 billion. This qualified him to join the Forbes Magazine list of billionaires. Mudd, the previous Chief Executive of Fortress Investment Group, was replaced by Mr. Nardone. No one was better suited in this position than Randal. His extensive experience placed him ahead of his competitors.
Nardone has excellent management and leadership qualities that most companies want to engage him in their operations. Nardone is not only hard working but also dedicated to delivering quality performance. Randal Nardone has been fortunate enough to serve as a member of the board in eight organizations. Interestingly, Nardone has worked in more than 20 different industries. As a result, he has gained extensive experience in leadership and managing different types of companies.