Eddie Lampert Biography
Eddie Lampert is an American billionaire businessman and investor who was born in Roslyn, New York, US as Edward Scott Lampert.
He is the former CEO as well as the 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 worked as a director of AutoZone, Inc. from July 1999 to October 2006.
Eddie Lampert Age
Lampert is 58 years old as of 2020, he was born on 19 July 1962 in Roslyn, New York, the United States. He celebrates his birthday on July 19 every year and his birth sign is Leo.
Eddie Lampert Height
Lampert stands at a height of 5 feet 8 inches.
Eddie Lampert Education
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 Family
Lampert was born and raised in Roslyn, New York, the United States as the son of 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 was 14 years old when his father died. He has a younger sister named Tracey.
Lampert’s grandmother was a passive investor as well as a 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. Lampert’s father died, and his mother took a job as a clerk at Saks Fifth Avenue.
Eddie Lampert Wife
Lampert is married to Kinga Keh, an attorney. The couple married in 2001. Lampert and Kinga have three children. The pair own houses in Indian Creek Village, Florida, in Aspen, Colorado, and in Greenwich, Connecticut. The couple is an active member of their local Chabad house.
Eddie Lampert Salary
Lampert earns a salary of $1 million dollars 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. The 606,000 shares he received during the course of the year was more than double the 265,000 shares he received during the year 2016. But the value of Sears shares tumbled over 60% during the course of last year.
Edward Lampert Net Worth
Lampert has an estimated net worth of $1.8 billion USD as of 2021. This includes his assets, money, and income. His primary source of income is his career as a businessman and investor. Through his various sources of income, Lampert has been able to accumulate a good fortune but prefers to lead a modest lifestyle.
Eddie Lampert Measurements and Facts
Here are some interesting facts and body measurements you should know about Eddie Lampert.
Eddie Lampert Wiki
- Full Names: Edward Scott Lampert
- Popular As: Businessman
- Gender: Male
- Occupation / Profession: Billionaire businessman and investor
- Nationality: American
- Race / Ethnicity: White
- Religion: Not Known
- Sexual Orientation: Straight
Eddie Lampert Birthday
- Age / How Old?: 19 July 1962
- Zodiac Sign: Leo
- Date of Birth: 19 July 1962
- Place of Birth: Roslyn, New York, the United States
- Birthday: July 19
Eddie Lampert Body Measurements
- Body Measurements: Not Available
- Height / How Tall?: 5 feet 8 inches
- Weight: 73 kg
- Eye Color: Not Available
- Hair Color: Not Available
- Shoe Size: Not Available
Eddie Lampert Family and Relationship
- Father (Dad): Floyd M. Lampert
- Mother: Dolores Lampert
- Siblings (Brothers and Sisters): Dolores Lampert
- Marital Status: Married
- Wife/Spouse: Married to Kinga Keh
- Dating / Girlfriend: Not Applicable
- Children: Three
Eddie Lampert Net Worth and Salary
- Net Worth: $1.8 billion USD
- Salary: $1 million dollars a year
- Source of Income: Businessman and investor
Eddie Lampert House and Cars
- Place of living: US
- Cars: Car Brand to be Updated
Eddie Lampert Sears Holdings
It was reported, in January 2013, that Lampert would take over as chief executive officer at Sears after Louis D’Ambrosio stepped down due to family health matters, which took effect in May 2013. He held 28% of shares in Sears Holdings Corp worth approximately $408 million in July 2016.
Lampert, then president, chief executive officer, and top shareholder of Sears Holdings, was estimated to have personal assets of $2 billion, primarily in the hedge fund ESL Investments Inc in early 2017. Early in the year, he committed to providing an additional loan of $500 million to Sears and said he would provide letters of credit to Sears for additional amounts, reportedly totaling $200 million and possibly increasing to a half-billion dollars in the future.
He has been criticized by employees and corporate staff for “shredding” his employees in corporate meetings and “being out of touch with reality,” and for failing to invest in the physical stores, as many of them are deteriorating. During his tenure as CEO, Sears lost around half its value within five years and closed over half of its physical stores.
Lampert stepped down as CEO of Sears Holdings, while remaining Chairman of the Board, as part of Sears Holdings bankruptcy actions on 15 October 2018. Lampert, through his company ESL Investments, offered to buy all of Sears for $4.6 billion dollars in cash and stock on 6 December 2018. The offer would be financed by $950 million in added debt, however no additional cash. Five hundred stores remain in operation; the remainder are in liquidation. On 14 February 2019, according to a company filing, Lampert stepped down as chairman of Sears Holdings Corp.
A group of Sears’ creditors hoping to persuade a federal judge to force Sears to liquidate alleged that Lampert had orchestrated a “multiyear and multifaceted scheme” to strip away the company’s assets and benefit from its decline in January 2019.
Eddie Lampert Yacht
Eddie is the owner of the yacht Fountainhead. His yacht Fountainhead is a sister ship of Larry Ellison’s Musashi. She can accommodate 14 guests and 20 crew. The yacht is often referred to as Marc Cuban’s yacht.
The yacht is a 88 meter (288ft) motor yacht built by Feadship in The Netherlands. The luxury yacht is powered by 4 MTU marine engines. These bring her a top speed of 21 knots. We estimate her value at approx. US$ 130 million.
Eddie Lampert House
Lampert lives in a large house in Greenwich, Connecticut. The house is situated close to New York City. And he also owns a US$ 40 million mansion on the Indian Creek Golf Club Island in Miami, Florida.
Eddie Lampert ESL Investments
Lampert left the bank to form ESL Investments, based in Greenwich, Connecticut (the name ESL derives from Lampert’s initials) in April 1988.
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. Lampert, through his company ESL Investments, offered to buy all of Sears for $4.6 billion dollars in cash and stock on 6 December 2018.
Eddie Lampert Autozone
Lampert previously worked as a director of AutoZone, Inc. from July 1999 to October 2006.
Eddie Lampert Hedge funds
In the year 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” as well as leading a new class of activist hedge funds. Lampert was the richest person in Connecticut in the year 2006 with a net worth of $3.8 billion.
In early 2017, Lampert, then president, chief executive officer as well as top shareholder of Sears Holdings, was estimated to have personal assets of $2 billion, primarily in the hedge fund ESL Investments Inc.
Frequently Asked Questions About Eddie Lampert
Who is Eddie Lampert?
Eddie Lampert is a famous billionaire businessman and investor who was born in Roslyn, New York, US as Edward Scott Lampert.
How old is Eddie Lampert?
Lampert is an American national born on 19 July 1962 in Roslyn, New York, the United States.
How tall is Eddie Lampert?
Lampert stands at a height of 5 feet 8 inches.
Is Lampert married?
Yes, Lampert is married to Kinga Keh. They got married in 2001 and together they have three children.
How much is Eddie Lampert worth?
Lampert has an approximate net worth of $1.8 billion USD. This amount has been accrued from his leading roles in the business industry.
How much does Eddie Lampert make?
Lampert earns a salary of $1 million dollars a year to run the troubled retailer.
Where does Eddie Lampert live?
Lampert is a resident of Colorado, USA, we shall upload pictures of his house as soon as we have them.
Is Eddie Lampert dead or alive?
Lampert is alive and in good health. There have been no reports of him being sick or having any health-related issues.
Eddie Lampert Social Media Contacts
- Youtube
- Tiktok
- Website
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