On the billionaire list, Randal Nordone is listed as #557. Mr. Randal is an experienced financier who got his Bachelors of Arts from the University of Connecticut, and he later graduated from Boston University with a Doctor of Jurisprudence. In 1998 Randal Nardone co-founded Fortress Investment Group, and he has appointed the Principle of the organization. He is a go-getter, and in 2013 the firm had to name him as the Chief Executive Officer of the organization. Mr. Randal is also an attorney who decided to shift his skills into the financial Industry. Randal Nordone has served in the financial sector for over 30 years. He started by working at Thacher Profit and Wood, Union Bank of Switzerland, as well as BlackRock Financial. While he was serving at Union Bank of Switzerland, it seems like the best opportunity for him, but in 1998, Randal moved out to establish Fortress Investment Group.
Ever since the establishment of the company it has expanded with the help of Randal’s leadership. Randal Nordone has been serving as the Chief Executive Officer of Fortress Investment Group which is a leader in offering alternative asset management services. Through his leadership Fortress Investment Group managers $700billion alternative assets which the firm has divided into liquid hedge funds, credit funds, as well as private equity. Apart from being a go-getter, Mr. Nordone is also a recognized leader in the corporate world. He has served in several other companies among them the Vice President of Newcastle Investment Holdings, as well as the President of Springfield Financial Holdings among other organizations. Mr. Randal is also the Director of Fortress Investment Fund V, L.P.
Recently Fortress was purchased by Softbank Group and according to the Chief Executive Officer and the Founder; Randal Nordone it was the best decision because of the slowdown being experienced in the private equity investment. Mr. Nordone is maintained by the new owner of Fortress Investment Group; Softbank Group because of his vast experience in the financial sector as well as his leadership skills. Mr. Randal Nordone is well experienced, and at 51 years of age, he continues to make a positive impact in the financial sector. Throughout his career, he has been able to build strong connections with other experienced financiers as well as investors as he works towards the success of the company. Randy is still a strong influence of Fortress Investment Group despite its acquisition.