Being a self-made billionaire doesn’t just find you, but you rather go for it. Whenever Forbes lists a billionaire on its list, it’s genuine on its claims. Forbes picked Randal Nardone as one of the great billionaires in the country and ranked him number 557. Randal has been in the asset management industry for several years, and he has acquired massive experience and knowledge on alternative asset management. Although Randal is doing so well in the finance sector today, he didn’t begin in finance. He is among the people who believe they can succeed in any field if they are committed to the cause. Law was his first career although he later joined the finance industry.
Randal was a School of Law student at Boston University where he graduated with his first undergraduate law degree. As a young man who looked forward to a brighter future, Randal Nardone looked for a job opportunity to grow his career. Thacher and Wood was the first law firm he worked for before he looked for some other greener pastures. Randal believes that one has to combine hard work with fervor to learn if they are to thrive in what they do. Although Randal worked in several law firms as a junior employee, he has become one of the most powerful executive business leaders in a large company called Fortress Investment Group.
As the managing director, Randal transformed most of the sectors of the Universal Bank of Sweden. The employees at Blackrock Financial Management know how Randal worked hard as the principal to transform it. As the principal of such as a great company, he interacted with some other influential business leaders like Robert Kauffman and Wesley Edens. These two great leaders helped Randal Nardone to found Fortress Investment Group in 1998.
Since the time Randal Nardone founded Fortress Group, he has seen the group achieve tremendous expansion and growth. The company is managing over $70 billion assets for its customers. The company splits these assets into private equity, credit funds, and liquid hedge funds to make the management work easier. The three founders laid a strong foundation for Fortress Investment Group. The financial and management foundation is always critical in any business that aims to thrive in any season of the year.