Sixty-two year old, Randal Nardone, was currently ranked at position 557 on the world’s billionaire list with a net worth of 1.8 billion dollars. He attended Boston University of Law where he graduated with a Juris Doctor (JD) degree and the University of Connecticut where he acquired a degree in English and Biology.
He always aspired to be a lawyer, but after working for a few companies he thought of the relationship between the legal and financial world, causing him to change careers.
Randal Nardone was part of the founders of Fortress Investment Group (FIG) Limited Liability Corporation back in 1998. He has been part of the management committee since then, and it wasn’t until 2006 he was appointed to the board of directors.
In December 2011, Daniel Mudd, the Chief Executive Director at Fortress, took a leave of absence. Nardone was named to replace him temporarily, a position held till August 2013, when he was appointed as the official CEO.
At the beginning of his career, he worked as a partner and member of a law firm;-Thatcher Profit and Wood. He then joined Black Rock as a principal before moving on to United Bank of Switzerland, where he worked as the Managing Director for about a year, between 1997 and 1998.
Currently, Mr. Randal Nardone holds membership to about eight board of members, including FIG. He is the Principal and Director of Fortress Credit Corporation. Since 2006 to date he has been the Director at Eurocastle Investment Limited.
In 2007 he became the Non-Executive Director of Alea Group Holdings Bermuda Limited, a position he holds till date.
In 2008, he was appointed Director of Florida East Coast Holdings Corporation, a seat he retains to date. He has been the Director of Spring leaf finance Incorporation since 2010 to date and Director of one of its branches- Spring leaf Real Estate Investment Trust (REIT) incorporation since 2011.
Moreover, he is associated with other societies such as Air castle limited, Mapeley Limited, Drive Shack and New Media Investment Group, to mention a few.
Randal Nardone has continuously exhibited great skill and expertise in the world of finance. Over the years he has not only gained great experience but also respects from his colleagues with persons and companies from all over the country coming to him for advice. It is in this way he has been able to help improve financial situations of companies and clients alike.