|Celebrated Name:||Eddie Lampert|
|Real Name/Full Name:||Edward Scott Lampert|
|Age:||61 years old|
|Birth Date:||19 July 1962|
|Birth Place:||New York City|
|Wife/Spouse (Name):||Kinga Lampert|
|Children/Kids (Son and Daughter):||Yes|
|Is Eddie Lampert Gay?:||No|
|Profession:||businessman and investor|
|Net Worth in 2023:||$1.5 billion|
|Last Updated:||September 2023|
Edward Scott Lampert is an American investor and billionaire businessman and served as the CEO and chairman of Sears Holdings (SHLD), founder of Transform Holdco LLC, and founder, chairman, and CEO of ESL Investments. He was a director of AutoNation until May 2007. From July 1999 to October 2006, he served as a director of AutoZone, Inc.
Maybe you know about Eddie Lampert very well, but do you know how old and tall is he and what is his net worth in 2023? If you do not know, we have prepared this article about details of Eddie Lampert’s short biography-wiki, career, professional life, personal life, today’s net worth, age, height, weight, and more facts. Well, if you’re ready, let’s start.
Early Life & Biography
In 1962, Lampert was born to Dolores Lampert and Floyd M. Lampert, who was a housewife while his father was a senior partner in the law firm of Lampert & Lampert in New York City.
Also, Lampert has a younger sister Tracey. Lampert’s grandmother instilled in him an interest in investing as she was a passive investor and big fan of Louis Rukeyser’s Wall Street Week television program.
Unfortunately, his father died, which forced his mother to take a job as a clerk at Saks Fifth Avenue. Besides, Lampert worked after school and on weekends at various warehouses, to help support his family. Despite working, he received good grades. Consequently, he received financial support to pay for college.
In 1984, Lampert graduated from Yale University with a B.A., economics, summa cum laude.
Lampert married Kinga Keh in 2001, with whom he has three children. They have houses in Indian Creek Village, Florida, in Aspen, Colorado, and Greenwich, Connecticut. The duo is lively members of their local Chabad house.
Lampert also owns the 87.78 m (288 ft) motor luxury yacht named Fountainhead.
Age, Height, and Weight
Being born on 19 July 1962, Eddie Lampert is 61 years old as of today’s date 27th September 2023. His height is 1.73m tall, and his weight is 73 kg.
In July 1984, Lampert served as an intern at Goldman Sachs and proceeded to work in the firm’s risk arbitrage department from March 1985 to February 1988.
Lampert formed ESL Investments, based in Greenwich In April 1988. His investment style drew comparisons to the financier Warren Buffett.
His earnings were estimated to be $1.02 billion in 2004, which made him the first Wall Street financial manager to exceed an income of $1 billion in a single year.
Lampert 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 in 2006. In 2006 Lampert became the wealthiest person in Connecticut with a net worth of $3.8 billion.
In March 2012, Lampert appeared as number 367 on the Forbes world wealthiest people list with a net worth of $3.1 billion. Unfortunately, Lampert had fallen to No. 810 on the list, with a net worth of $2.2 billion by August 2016.
In May 2013, Lampert took over as chief executive officer at Sears, and in July 2016, he had 28% of shares in Sears Holdings Corp worth approximately $408 million.
He received criticism from employees and corporate staff for “slicing” his employees in departmental meetings and “being out of touch with reality.” Sears lost around half its worth within five years and shut down for more than half of its physical stores during his tenure as CEO.
On 15 October 2018, Lampert resigned from being CEO of Sears Holdings but remained as Chairman of the Board. Lampert resigned from being chairman of Sears Holdings Corp on 14 February 2019 According to a company filing.
In January 2019, an assemblage of Sears’ creditors claimed that Lampert had coordinated a “multiyear and multifaceted scheme” to strip away the company’s possessions and benefit from its degeneration to persuade a federal judge to force Sears to liquidate.
Awards & Achievements
Lamentably, there does not exist a list of nominations he has won and received so far.
Net worth & Salary of Eddie Lampert in 2023
At one point in history, institutions celebrated Lampert for his outstanding net worth and even though he would be the next Warren Buffett. As of September 2023, he has a net worth of about $1.5 billion, which is a decline from $3.1 Billion in 2012. The reason behind this drop is not known. Lampert has garnered most of his net worth from his career as a businessman. However, he has received criticism for being the reason behind the poor performance of Sears.
Lampert began his career journey well, and it seemed fulfilling. He even appeared on the top of the list of world’s billionaires. Moreover, the world also hailed him for his great success and expected him to be the next Warren Buffet. However, he began having it rough in his career and continued to see his wealth decline despite the promotions he received in his career. Presently, it seems that things have gained balance, and he has stabilized, and therefore he will excel in his wealth significantly in the future.