Randal Nardone

Randal Nardone
Randal Nardone

Co-Founder of Fortress Investment Group: Randal Nardone’s Background

Randal Nardone was born on 22nd July 1955 and is now 63 years old. Randal graduated from the University of Connecticut with a Bachelor of Arts degree in English and Biology. He later attended Boston Law School where he was awarded a Doctor of Jurisprudence.

Randal Nardone is a CEO, Cofounder, Principal, and Director as Fortress Investment Group. He is also among the members of the Board of Directors at several companies such as Florida East Coast Railway Corporation, Florida East Coast Holdings Corporations, Seacastle Incorporation, and Eurocastle Investment Limited, alongside where he served the longest, Fortress Investment Group.

Before being a co-founder at Fortress Investment Group, he served as managing director for a firm known as UBS from May 1997 to May 1998. Before UBS, he started his law career where he served as a member of the executive committee at Thatcher Proffitt &Wood which was a law firm, after which he worked for BlackRock Financial Management Incorporation in 1997 where he was principal. Read more about Randal Nardone at Crunchbase.

Randal’s Contribution to Fortress Investment Group

Randal Nardone was made CEO of Fortress Investment Group in 2013. He has so many roles at the company and always has his positions to implement strategies which have contributed to the company’s profits. He is also the acting COO, where he is in charge of the overall legal and financial matters of the company. His hard work and good work ethics have helped him in the decision-making process of the company’s investment projects that have led to the expansion of the company.

Randal’s Net worth and Achievements

Randal Nardone became a billionaire when he began working at Fortress Investment Group alongside his partners. His current net worth amounts to $1.8 billion and is ranked as number 557 on the Forbes billionaires list. Over the years, Randal has built many relations both domestically and internationally, all who have helped him in making positive impacts on people’s lives.

The connections have also helped Fortress Investment Group to expand beyond borders into new horizons. His former and current workmates insist that his passion for work and commitment are his key drivers and motivators.

Learn more: https://www.bu.edu/law/2018/05/17/randal-nardone-80-featured-in-new-york-patch/

 

Things to Consider as a Novice Mountain Biker According to Michael Hagele

Mountain biking is a fun sport that is rapidly gaining popularity. Although it may appear complicated, it is a simple activity that learned quickly with the right attitude and equipment. Michael Hagele, an expert mountain biker fanatic advises those interested in acquiring mountain biking skills to master the basic skills and gradually move to the higher-level skills. He recommends beginners to go to camps that offer mountain bike skills or learn the skills from people like friends or colleagues who have already mastered mountain biking. Follow Michael Hagele at tumblr.com

Riding terrains differ in different regions, and a rider should be ready to encounter different types of grounds especially when riding through a new biking trail. Most urban areas like Atlanta have parks for mountain biking that are perfect for beginners to familiarize themselves with the different types of terrains they are likely to experience. They also get a chance to learn, watch and socialize with riders who have more experience.

It is essential for fresher bikers to observe safety precautions. According to Michael Hagele, a helmet that fits well is one of the most critical gear a rider should wear. Riders should choose light clothing that allows their bodies to breathe and carry fluids with them for re-hydrating. The experienced rider points out that it is a good idea to carry identification documents when out riding.

Mountain biking is an intense physical exercise, and it is crucial to be in good physical form before embarking on it. Riders should consume enough calories for energy and do a light warm-up before beginning to ride. It is also advisable to consider the weather before hitting the trail since some weather conditions like rain may make a terrain slippery and give beginner riders difficulties.

Mountain biking is an extremely beneficial sport, and Michael Hagele believes not only does it contribute to physical fitness but mental wellness as well. Michael is a renowned legal consultant for several firms that deal with a wide range of activities in the technology, internet, biotechnology industries. He is a law expert who acquired his J.D at the University of California. Michael feels that biking helps him creatively solve problems in his business. You can learn more about Michael Hagele by visiting: http://michaelhagele.com/

Is New Zealand a Viable Tax Haven?

Geoffrey Cone is a lawyer who understands the complicated realm of foreign trusts and taxes. He may be one of the few people who really does understand how the laws in New Zealand relate to those setting up foreign trusts. In a detailed article published in the New Zealand Herald, Cone revealed a fact many who seek to park funds in the country do not realize: New Zealand is not a tax haven. New Zealand is far too transparent for this type of financial strategizing. Plus, the country does not have rules and laws in place designed to encourage foreign, tax-evading trusts.

 

Countries interested in establishing tax havens charge extremely low tax rates on those who put their money into those countries’ domestic borders and banks. New Zealand does not entice anyone with ultra-low tax rates. The reason wealthy people look towards foreign trusts is to avoid paying huge sums of taxes. Hence, countries that promote such activities must institute low tax rates for trusts. New Zealand, as Cone points out, is not doing this.

 

Cone also suggests that New Zealand is not about to change its laws to promote such behavior in the future. The country simply does not have an interest in facilitating global tax avoidance.

 

Geoffrey Cone does have an interesting legal background. A quick examination of his background shows he is qualified to discuss matters such as these. Cone has nearly 20 years experience as a tax and trust advisor. He has lent his expertise in places such as Spain and Italy. Latin America is another region Cone has familiarity with. Traveling experience does reverberate and enhance professional skills.

 

Cone’s knowledge is further on display in his article when he points out that transparency is a guiding moral compass of New Zealand’s approach to foreign trusts. What this means is, when foreign governments ask for information about funds placed in trusts, the New Zealand government is quick and thorough with its response. Those hoping to defeat tax bills in their own country won’t find New Zealand to be very accommodating.

 

Those who want to put money into a foreign trust do need to perform their research. Otherwise, they could end up creating a mess for themselves. Not understanding the rules, laws, and approach to transparency only creates problems for those hoping to use a tax haven to their advantage. And what value would a tax haven present if it yielded a totally undesirable outcome?