Eddie Lampert

Quick Facts

Full Name	Eddie Lampert
Occupation	Financier
Date Of Birth	Jul 19, 1962(1962-07-19)
Age	62
Birthplace	Roslyn
Country	United States
Birth City	Roslyn
Horoscope	Cancer

Eddie Lampert Biography

Eddie Lampert is one of the most popular and richest Financier who was born on July 19, 1962 in Roslyn, Roslyn, United States. Lampert was born in 1962 to Dolores Lampert and Floyd M. Lampert. His mother was a housewife. His father was a senior partner in the law firm of Lampert & Lampert in New York City. He has a younger sister Tracey. Lampert’s grandmother was a passive investor and big fan of Louis Rukeyser’s Wall Street Week television program. She instilled in him an interest in investing. His mother would later recall that young Eddie would sit with his grandmother reviewing and evaluating the performance of her stock picks in the daily newspaper.

In April 1988, Lampert left the bank to form ESL Investments, based in Greenwich, Connecticut (the name ESL derives from Lampert’s initials). Richard Rainwater, whom Lampert had met on Nantucket Island, gave him $28 million in seed money and introduced him to clients, such as David Geffen.

In 2003, Lampert was kidnapped from the parking lot of his Greenwich office, but was able to persuade his captors to let him go after two days of captivity.

Lampert’s earnings in 2004 were estimated to be $1.02 billion, making him the first Wall Street financial manager to exceed an income of $1 billion in a single year. In 2006, Lampert was featured on the Time 100 list for most influential people in the world for being one of the “brightest minds on Wall Street” and leading a new class of activist hedge funds. Lampert was the richest person in Connecticut in 2006 with a net worth of $3.8 billion.

Lampert’s father died and his mother took a job as a clerk at Saks Fifth Avenue. His mother would later say: “Eddie really assumed the responsibility, knowing that life had changed and we had to accomplish something by ourselves now.” In order to help support his family, Lampert worked after school and on weekends at various warehouses, stocking shelves and filling orders. Despite working, he earned good grades, played both soccer and basketball, and won the scholar athlete award at his high school. He received financial aid to help pay for college. Lampert graduated from Yale University in 1984 (B.A., economics, summa cum laude), where he was a member of Skull and Bones and Phi Beta Kappa.

Eddie Lampert Net Worth

Eddie Lampert is one of the richest Financier from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Eddie Lampert 's net worth $5 Million. (Last Update: December 11, 2023)

Edward Scott Lampert (born July 19, 1962) is an American billionaire businessman and investor. He is the former CEO and chairman of Sears Holdings (SHLD), founder of Transform Holdco LLC, and founder, chairman, and CEO of ESL Investments. Until May 2007 he was a director of AutoNation. He previously served as a director of AutoZone, Inc. from July 1999 to October 2006.

In July 1984, Lampert worked as an intern at Goldman Sachs, and then worked in the firm’s risk arbitrage department from March 1985 to February 1988. While there, he worked directly with Robert Rubin. When Lampert decided to go out on his own, Rubin warned him it would be a bad career decision.

In 2001, Lampert married Kinga Keh, an attorney with whom he has three children. They own houses in Indian Creek Village, Florida, in Aspen, Colorado (designed by the interior designer Naomi Leff), and in Greenwich, Connecticut (designed by the architect Michael Dwyer and the interior designer Rose Tarlow). The couple are active members of their local Chabad house.

Height, Weight & Body Measurements

Eddie Lampert height Not available right now. Eddie weight Not Known & body measurements will update soon.

Who is Eddie Lampert Dating?

According to our records, Eddie Lampert married to Kinga Lampert. As of December 1, 2023, Eddie Lampert’s is not dating anyone.

Relationships Record : We have no records of past relationships for Eddie Lampert. You may help us to build the dating records for Eddie Lampert!

In January 2019, a group of Sears’ creditors hoping to persuade a federal judge to force Sears to liquidate alleged that Lampert had orchestrated a “multiyear and multifaceted scheme” to strip away the company’s assets and benefit from its decline.

Facts & Trivia

Eddie Ranked on the list of most popular Financier. Also ranked in the elit list of famous people born in United States. Eddie Lampert celebrates birthday on July 19 of every year.

Did Eddie Lampert make money on Sears?

Eddie always had an eye for ways to leverage the market. He sold 51 Kmart stores to Sears for $605 million in cash. This caused the stock price of Kmart to skyrocket since many could make the case that each location was worth just over $11 million.

Who destroyed Sears?

One person put it more bluntly: “ Eddie Lampert sucks.” Some of those anonymous employees may very well have been in the room in Hoffman Estates, Illinois — the company’s headquarters — on October 16, when Lampert, after more than a decade at the Sears helm, made the best case he could for presiding over its demise.

How did Eddie Lampert ruin Sears?

The accusations include that Lampert and ESL: Slashed spending on Sears stores to fund stock repurchases that benefited them. Spun off assets such as Sears Hometown & Outlet Stores and Lands’ End to their inappropriate enrichment.

Who is currently the CEO of Sears?

Jobs. Edward Lampert has 3 current jobs including Chief Executive Officer, Chairman at Sears Holdings Corporation , Owner & Chief Executive Officer at Transform Holdco , and Chief Executive Officer at ESL Investments .

How much does the CEO of Sears make?

Sears CEO Eddie Lampert only gets a salary of $1 a year to run the troubled retailer. But he does get a stock bonus, and for 2017 that bonus increased by $850,000, giving him a 24% raise. Lampert’s compensation package was reported in a company filing Thursday.