Randal Nardone is a renowned investor and billionaire. He is ranked as number 557 on the Forbes list of the world billionaires. Randal Nardone has an excellent educational background. Randal studied at the University of Connecticut and obtained a Bachelor of Arts degree. He also holds a J.D from Boston University. Randal Nardone is the CEO and the co-founder of the Fortress Investment Group. He has been the CEO since August 2013 and the senior principal as from 1998. His company is well known for the provision of credit funds as well as for the managing of the private-equity pools. Fortress Investment Group was acquired by Softbank for $ 3.3 billion due to having interest in the six investment specialty pools in Fortress. The Fortress investment pools added and put money in various industries such as mortgage services, digital marketing and also golf courses. Softbank is committed to doubling the Fortress Investment`s assets within the next few years.
Softbank gained a professional team after buying Fortress Investment Group. Softbank bought the company $ 8.08. Mr. Masayoshi from Softbank has a good network of the sovereign funds as well as billionaires. The strategic plan of the Softbank is to identify a group of the former Wall Street traders, and salesman with connects to Abu Dhabi and Arabia.Randal Nardone still holds the position of the chief executive officer at Fortress Investment Group and Mr. Son strategic plans involved maintaining the Fortress, business model. Fortress has over $ 36.1 billion assets, and they manage more than 1,750 clients together with private investors. Fortress provides a wide range of services credit, real estate, as well as permanent capital as the investment strategies.
Under Randal Nardone`s leadership, the investment firm has $ 97 billion inform of Vision Fund at the SoftBank being the biggest technology investment company in the world. The Fortress`s workforce feels honored for working with thoughtful and smart people. SoftBank has a world-class portfolio of businesses that will be beneficial to the Fortress Investment including telecommunications, AI, smart robotics, internet services, as well as clean energy.Randal Nardone expertise and leadership has powered the prosperity of the company. The company`s shareholders signed in for the purchase of the Fortress Investment Group. Randal Nardone qualities as a leader and a noble CEO will continue to serve and head Fortress Investment Group. The reason why the company remains publically traded on New York Stock Exchange.