Randal Nardone’s illustrious career.

Ranked at number 557 in Forbes Billionaires List with an estimated worth of $1.8 billion, Randal Nardone has spectacularly risen through the ranks. From a humble background to being the current CEO of Fortress Investment Group, his journey is quite remarkable.Randal Nardone started out with his studies. He is a graduate from the University of Connecticut with a Bachelor of Arts in English and Biology and also Boston School of Law where he obtained his law degree.He has had a respectable career at Fortress spanning about two decades. However, before Fortress, he served in some reputable institutions holding several positions. He has worked at Blackrock Investment Management where he probably got the experience in the hedge fund industry that has shaped his career at Fortress.

Furthermore, he practiced his law skills when he served as a partner and member of the executive committee at Proffitt and Wood law firm. His last stint before Fortress was over at Union Bank of Switzerland. At UBS, he was their MD which was a critical position. His job there lasted for only a year. He left the bank in 1998. The year 1998 was probably when his big moment came. He together with four other colleagues started Fortress Investment Group. The journey of the hedgefund firm is fantastic. From the small investment firm, the company has risen such that now it manages for its client’s assets worth about $65 billion. At Fortress, Randal Nardone has had stints in some positions over the about twenty years he has been at the firm.

All have been successful, and this can be mainly attributed to his expertise, studies and the experience he had at other institutions before founding Fortress. He was elected to the Board of Directors for the hedge fund business in 2006, and he has held the position ever since. At the moment he also serves as the head of the firm’s legal and finance matters besides being its CEO. He held the CEO post since 2011. Initially, it was on an interim basis, but he took the position on a more permanent basis in 2013. His leadership, though together with his colleagues, has led Fortress to success.The growth of the firm to it current financial position speaks highly of this. Additionally, Randal Nardone has created a conducive atmosphere at the firm such that employees rate it so highly and recommend the place for employment.

Fortress Investment Group Flourishes with the Help of Randal Nardone

Fortress Investment Group Flourishes with the Help of Randal Nardone

Fortress Investment Group is a highly diversified investment manager that handles about $36.1 billion worth of assets. Established in 1998, the company serves different clients by managing their assets. Some of these clients include people in investment institutions and private investors. These clients are also found in the real estate business and capital investment strategies. Perhaps the company has vastly been flourishing because it has been serving its clients according to the stated stipulations in the sector of financial services. with that said, it is only normal for Fortress Investment Group to flourish on the leadership of its project managers and Randal Nardone is one such individual who has managed to win the hearts of the company’s hearts in many ways including through providing easy to work with business models. For Nardone, clients come first. That has always been his platform for operating Fortress Investment Group.

Career Growth and Development

Nardone is the head of the company. Although he majorly controls it, he still has additional helpers that have been very walking by his side as he manages client’s assets. However, when he started the company, he did not know that there would be challenges ahead of him. In fact, he did not expect to encounter some of the most competitive businesses in the same industry. But he did. Therefore, being a visionary leader, he put in a lot of work into making sure that he would not be shaken by these competitors. For instance, he worked on portfolio diversification for his clients. Then, he made sure that they were able to acquire different investment skills for their businesses.


Apart from that, Randal Nardone created a rather safe working environment for his employees. For instance, every employee was entitled to the right tools at work. With the tools, they have been able to serve clients to their maximum ability and requirements.

The Buyout

Nardone is an accomplished business leader whose input cannot be ignored by any means. Apart from that, he is a skilled financial manager and has managed to issue helpful financial services for his clients. That is why even if Softbank Group decided to buy the company, Nardone was asked to remain behind as he has competent skills that cannot be matched in any way. About the buyout, Randal Nardone is confident that the company will still offer competent services to its clients. For those who aspire to join the same industry as service providers, this is the right person to look at for ideas in leadership.

Wes Edens; the Finance Mogul

Wes Edens; the Finance Mogul

Wesley Robert Edens, is an American businessman who has shaped his career around the world of investments. He co-founded Fortress Investment Group and is the co-owner of Milwaukee Bucks. Moreover, has served as the Chief Investment officer, a principal and President of Private Equity. He has been the head of Private Equity and served as Co-Chairman since August 2009.

Early Life

Born in 1961 in New York, Mr. Wes graduated in 1984 from Oregon State University with a bachelors’ degree in Finance and Business Administration. He is blessed with four children with his wife Lynn Edens. In 2007, he was ranked 369 on The World’s Billionaires 2007. He bought Milwaukee Bucks in 2014 with Marc Lasry for $550 million from Herb Kohl.

Career background

Between April 1998 to July 2003, he was Chief Executive Officer at Fortress Investment Group. He became Chief Executive Officer of Newcastle Investment Holdings in June 2002 and left in February 2007. From October 2002, Mr. Wesley functioned as Chief Executive Officer of Eurocastle Investment Holdings till April 2006. In 2005 at Global Inc, he served as its president.


Other than that, he was also CEO and president of Capstead Mortgage Corp. Between April 2000 and July 2003, Wes worked as Chief Executive Officer of Impac Commercial Holdings. From May 1999, He was also head of Global Principal Finance Group, to November 2000.Mr.Edens became Managing Director of Union Bank of Switzerland in May 1997 and held the position till May 1998. From October 1993 he was a partner and worked as managing director at BlackRock Financial Management to may 1997. He was also a partner and served as Managing Director at Lehman Brothers between April 1987 and October 1993.Since June 2002, Mr. Wesley Edens has worked as Chairman and Director of Drive Sharks Inc.He has also served: Intrawest Resort Holdings, OneMain Holdings, New Residential Investment Corp, Fortress Transportationand Infrastructure Investors, Nationstar Mortgage Holdings, SeaCube Container Leasing Limited, Aircastle Limited, and Rail America Inc among others.

Edens and Fortress Investment Group

Wesley is Co-Chief Executive Officer of Fortress. He has served as a member of the board of directors from 2006. Since 1998, Wes has served as a member of the Management Committee of the firm. It is reported that Wes takes home $54.4 million annually. This is inclusive of $13.4 million compensation from Fortress Investment Group and $41 million in dividends from being a shareholder. As of the most recent proxy statement filed in April, Wes held 63.3 million shares of Fortress’s stock.

Focus on the Life and Career of George Soros

According to the recently released Billionaires list of 2017 by Forbes Magazine, George Soros appears in number 29 of the richest people on the planet. The 86 year old Hungarian-American investor is worth $25.2 billion USD. This position automatically confirms him as the richest hedge fund executive in the world at the moment. Apart from being an astute investor, George Soros is well known for using his fortune to fund and influence a number of causes. George Soros supports liberal democratic systems that became victorious after the Cold War. He has been involved in activism for a long time and was at one time named as the most influential man in Hungary by Politico. He runs the Open Society Foundations, which he setup in 1984 to assist the marginalized and oppressed groups. From the time communism fell, George Soros has being actively involved in American and Central European politics. He has donated huge chunks of money running into millions of dollars to various liberal organizations in the world and the Democratic Party in the United States. He was among the donors who gave Hillary Clinton’s presidential campaign a boost via generous donations as Soros is a fierce critic of Donald Trump, the current U.S. President and what George Soros knows.


George Soros has made a mark in the world of philanthropy globally. He is one of the most generous givers having donated more than $12 billion until now. His donations have been aimed at supporting organizations as well as individuals around the world fighting for the freedom of expression, accountable government, transparency and societies that promote equality and justice. The billionaire investor and philanthropist focuses a lot on funding people facing discrimination for whom or what they are. He has in the past supported groups that represent the Roma people in Europe, people pushed to the margins of the conventional society like sex workers, LGBTI people and drug users and George Soros lacrosse camp. His past could be the main catalyst why he supports the marginalized groups and people as he experienced this type of intolerance firsthand. He was born in Hungary back in 1930 and lived at a time when the Nazi occupation was taking place from 1944 to 1945. This occupation resulted in the deaths of more than 500,000 Hungarian Jews. His family narrowly escaped this holocaust by using falsified papers that concealed their backgrounds and together with others ran away from their country and learn more about George Soros.

Education and Career

After escaping Hungary, he enrolled himself at the London School of Economics and worked hard as a waiter and railway porter to pay for his fees. He then started work in the field of finance in a merchant bank. After this experience, he moved to New York and got inducted at the Wall Street. In 1969 he started his hedge fund with $12 million. He is an active investor through his Soros Fund Management, which currently manages assets worth $30 billion and more information click here.

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