Randal Nardone: From Nothing to the Top of the Business Pyramid
The work of Randal Nardone has inspired a lot of people to go out and pursue their own dreams. He’s shown exactly what commitment to hard work and innovative thinking can do to increase an individual’s chances in the business world. The sad fact is that most businesses fail but Randal Nardone was able to create something amazing with his partners. Fortress Investment Group has been setting the bar for industry standards since it was first founded in 1998. The co-founders created the group because they had discovered an interest they shared in private equity. The company would go on to do so much more than any of the co-founders originally thought it would.
The story of Randal Nardone is quite interesting. He enrolled at the University of Connecticut to obtain his Bachelor of Arts. He originally thought that he wanted to study Biology and English, but his career would eventually take him towards the route of law. After graduating he decided to enroll in Boston University’s School of Law. He believed that this was going to be the next big staff in his career and he earned his Juris Doctor. He set to work in a law firm shortly after graduating. Thacher Profit and Wood gave him many opportunities that he would use for his business later. The most important lesson he learned while working here was leadership. After diligently working for the firm for many years he earned a partnership position before eventually leaving to start his own company.
Randal Nardone has occupied several positions within Fortress Investment Group. The work that he has done in his position has been exceptional and he has even taken the opportunity to grow his personal wealth outside of the company. Even though he has enjoyed a marginal level of success on his own much of his $1.8 billion fortune is rooted in his dealings with Fortress investment group. For a man that started with nothing, it is inspiring to see the amount of work Randal Nardone put into making something for himself significantly pay off. He is regarded as one of the wealthier individuals in America today. Fortress Three Top Executives Split $44 Million Bonuses In 2015
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