There are many businesses today that strive to be the best. They hire the best talents, outsource to the least expensive countries and hire consultants to give their companies that needed corporate boost. However, no matter how much investment you make or how many people you hire to improve your company, it’s hard to make it fly when you have not covered the basics. One of the companies today that have been able to do the right way of managing the fundamentals first before proceeding to the next phase of running a business is Fortress Investment Group under the leadership of its co-founder, Randal Nardone.
The Billionaire’s List
We have so many things to cover when we want to talk about the different career decisions of Randal Nardone today as he leads Fortress Investment, one of today’s largest global asset managers that have been operating with utmost care and risk-aversion to handle the assets of the stakeholders. However, one of the most remarkable news lately about Randal Nardone is the fact that he was once selected to be part of the illustrious and unforgettable Forbes’ List of Billionaires. The position he held was No. 557, and because of the work he did for Fortress Investment Gorup, he got to an astonishing income of about $1.8 Billion dollars.It also helps that the country of citizenship of Mr. Randal Nardone is the United States, which is a country of great entrepreneurial pursuits and centralized form of tinkering that helps spread wealth. There could be so many reasons how Mr. Nardone got the remarkable achievement today, but it could probably also be because of the fact that he went to the University of Connecticut and took a pre-law course and later became a lawyer, that he is now one of the richest men in the world.
The Work He Does For Fortress Investment
Mr. Nardone’s remarkable involvement in the growth of Fortress Investment Group came from being the company’s co-founder that’s responsible for the general operations of the company, particularly acting as the company’s chief operating officer. With partners Peter Briger, Michael Novograts and Wesley Edens, he’s been able to grow Fortress Investment into a brand and asset fund that could stand the test of times. With 53 million shares in the $1.6 billion worth of Fortress Investment, Mr. Nardone holds a lot of influence in where the future of the company would go. This billion amount of value, by the way, caem from when the Japanese firm Nomura bought Fortress Investment for $890 million around last year. Since 2005, Nardone has already increased his payout from the company to about $100 million.Truly, with all these achievements in the name of Mr. Nardone, we can surmise that the next financial challenges of Fortress Investment would no longer something that he couldn’t tackle. He has already built enough experience, expertise and network skills to make sure that the growth of the company is sustained. There are risks today that had been hidden before, true, but with the kind of training that Mr. Nardone already got, these challenges would be nothing.