Randal Nardone: A Quick Glimpse Into Who He Is
Randal Nardone is a self-made billionaire.It is pretty impressive when someone is able to become a self-made millionaire, but it is almost miraculous when a person makes it to billionaire status.Nardone made his fortune by investing.His current net worth of 1.8 billion dollars is attributed to the 50 million shares that he owns.A co-founder of Fortress Investment Group, Randal Nardone didn’t always have his own business.He and the other founders of Fortress Investment Group, Wes Edens and Rob Kauffman, were employed at other companies prior to beginning their own business.When the three men got together, they decided that they wanted a different kind of investing company. They wanted a business that offered an “alternative-asset” strategy.
They decided that this strategy would be the thing that set them apart from other investment companies; this strategy would be the one thing they offered that other companies didn’t; and this strategy would help their company to become a giant in the world of investing. Fortress Investment Group has been going strong for 20 years, but one of the company’s co-founders, Rob Kauffman, stepped down from his position to pursue personal interests.There are still three men in charge of the company, however, because Peter Briger has taken Kauffman’s place.
Although Briger was never an actual founder of Fortress Investment Group, he does have the title of President, along with Wes Edens and Randal Nardone.Randal Nardone did attend and graduate from college.He walked away from the University of Chicago with a B.A. in Science.Although he holds a Science degree, Randal Nardone’s passion continues to be for investing.Under his leadership, Fortress Investment Group’s team of nearly 1,000 employees works diligently to ensure that the company’s client base of nearly 1,700 investors receives the most bang for their buck.