Tag Archives: Investment Banking

Randal Nardone and The Level of Billionaire Success He Is Now Enjoying

We can probably have as many articles we can read about Fortress Investment Group Co-founder Randal Nardone than we have time to read. Furthermore, many people would agree that the story that Randal Nardone can share to anyone is of high importance, especially because his experience has been well tested by time and has gone through a lot of trial and error risk-taking, which is the most superior and intelligent form of learning. It is also an added credence that Fortress Investment Group is one of today’s most successful asset manager firms in the world, and so what they flesh out regarding advice have higher probability of trustworthiness. Likewise, Randal has also been part of the Forbes Billionaire’s list, and who among those who want to earn more wealth doesn’t want that?

The Forbes List Position

It’s exciting to know that Randal Nardone has been ranked as #557 in Forbes List of Billionaire’s, with a net worth of around $1.8 bill. This is one of the greatest feats that not many can pull off, and the fact that he has done so while operating under Fortress Investment Fund’s brand is even giving more credence to the performance, reputation and net worth of the company. There are many narratives to explain this level of success of Randal Nardone. Some would say that this was because of his education at the University of Connecticut, where he took a Bachelors of Arts and Science. Some could even say that his stint at Thacher Proffit could have also been instrumental to form his training background to let him do his job well enough to rank in Forbes. Above all, it could also be said that he has a lot of good networks in the industry that helped him get to where he is. However, many would also say that it could be just Fate and Fortune that destined him to be there.

Other Boards That He Serves

Right now, there are four boards that he serves as a member, and these include Brookdale Senior Living, Gagfah, New Residential Investment Corp and Springleaf Holdings. All these board memberships have been helpful for him to get his expertise in areas that had not usually been receiving attention from him. All in all, with the kind of involvement that he has across a diversity of interests, it’s not hard to see why Randal Nardone has been seen by many as one of the most successful asset managers today.