It’s not a farfetched idea to say that entrepreneurs are dreamers. Those who indulge in risky investment transactions with large but uncertain payoffs dream of a better product, a better home, a better way of doing things. They are the dreamers that the world needs, and it is because of them that we enjoy the most wonderful products today. One of these fascinating business leaders who dream big today is Randal Nardone, the Co-founder of Fortress Investment Group, which is considered as one of the biggest asset managers in the world, mostly specializing in alternative properties.
The Forbes List of Billionaires
You are no billionaire if you’ve probably not been part of Forbes’ Billionaire’s List. Which is why Randal Nardone is an official billionaire now, right after being part of the Forbes List, which he holds in 2007 in Rank No. 557. The position is an overwhelming achievement for Mr. Nardone, considering the way that he was able to acquire such level of success. It may also have helped that he only got his education at University of Connecticut, with a Bachelor of Arts, as well as a Doctor of Jurisprudence at Boston University.With such talent in finance and legal background, Randal Nardone has become a man that gave his career a boost by becoming an executive at Thacher Proffitt and Wood, and also stints at BlackRock Financial, but it was really when he co-founded Fortress Investment Group in 1998 that he hit the jackpot. It was during his investment for such project that he was able to get the level of success that he enjoys today. With other billionaire partners like Peter Briger and Michael Novogratz, he is able to make sure that Fortress Investment Group stays relevant enough that he could maintain his ranking still at the Billionaire’s list.
The Career at Fortress Investment
Randal Nardone is right now acting as the Interim CEO , and his work with such position involves acting out as the company’s CEO, and engaging with all the activities that are given as responsibilities for such an executive. Being the co-founder and principal of the company also means that he is responsible in making sure that the company sustains its reputation of a large investment company operating with ethical standards.