Starting up a successful company is no easy task, especially one in the investment industry like Fortress Investment Group. Not only is Fortress Investment successful, but it has become none of the largest investment firms in the United States today. Randal Nardone is one of the founding members of Fortress Investment Group and he has made a huge fortune through his success at the company. Randal spent many years developing his skills in school before he started off his career and he has obtained several degrees. Randal has earned his English and Biology degrees from the University of Connecticut as well as his law degree from Boston University.
Randal and his partners have successfully turned Fortress Investment Group into a top investment company through innovative business strategies and international relationship building. Fortress Investment is located in the United States, but since they became a public company they have expanded globally with offices in the United States and the UK. Read the article at bizjournal.com to know more about Randal.
In 2017, Randal Nardone and the other Fortress Investment executives decided to sell off the company to SoftBank Corp. This business deal means that SoftBank is now the parent company for Fortress Investment as they decided not to assimilate the corporation, leaving former management and business practice intact.
Randal Nardone was able to profit several hundred million dollars through this deal as Fortress executives were able to profit 1.39 billion split between three individuals. SoftBank Corp technically bought the corporation for 3.3 billion dollars, but not all of it went to senior management. With a net worth of more than 1.8 billion dollars, Forbes has named Randal Nardone as one of the top billionaires in the United States today at rank 557. Randal Nardone will continue on with his leadership position at Fortress Investment to keep expanding globally. To date, Fortress Investment has amassed a client base of more than 1700 individuals and institutions.