Randal Nardone’s Net Worth

Randal Nardone is a husband, a father, and the co-founder of Fortress Investment Group.An investor himself, Nardone and his team at Fortress Investment Group work diligently to give their clients the most bang for their bucks.Nardone, along with Wes Edens and Rob Kauffman, founded Fortress Investment Group in 2008 after breaking away from the companies at which they were previously employed. Each man brought skills and expertise to their new company, but Nardone brought an extra something: a Science degree.The Science degree didn’t help him to get to where he is today, but statistics show that a college education could help people to earn more in their lifetime than those who have never graduated from college.

With the leadership of Randal Nardone, Fortress Investment Group grew to be the giant that it is today.The investment company now employs nearly 1,000 skilled workers.The presidents and co-chairmen of FIG agree that they have some of the best workers on the planet.Rob Kauffman eventually left the company, and Peter Briger took his place. Presidents Randal Nardone, Wes Edens, and Peter Briger and everyone at Fortress Investment Group do all that they can to ensure that the company’s nearly 1,000 clients are content with the investments that they have made.Fortress Investment Group is different from most investment companies because it takes a different approach when investing.

The presidents of FIG use what they call an “alternative-asset” strategy. Using this strategy, Nardone, Edens, and Briger raise private equity and then invest that equity into vehicles that have a good chance of growing the client’s investment. This unique strategy worked great for Fortress Investment Group, and the three men were able to turn their $400 million investment into nearly $4 billion in less than five years! The men had become billionaires in a short period of time. Each of these men is an investor. Randal Nardone actually has 53 million shares that combine to a total value of $1.6 billion. That isn’t a bad profit for someone who finished college but has never put his college degree to work.