Edward Lampert
Birthname Edward S. Lampert Birthdate July 19, 1962 Birthplace New York, United States Education Yale University Profession Businessman Net worth $2,500,000,000 Source of Wealth Hedge Funds Nationality United States Country United States Marital Status Married (Kinga Lampert) Children 3American investor and businessman Edward Lampert has an estimated net worth of $2.5 billion as of April 2016, according to Forbes. He recently serves as Sears Holdings Corporation (SHLD)'s Chairman. In addition to being the founder, Edward Lampert additionally sits because the Chief Executive Officer and Chairman of the Board of ESL Investments. From July 1999 to October 2006, he served as AutoZone, Inc.'s director. He also worked for AutoNation, Inc as the company's director till May 2007.
Edward Lampert used to be born on July 19, 1962 in Roslyn, New York. In 1984, he graduated from Yale University with a point in Economics as summa cum laude. He is these days married to Kinga Lampert with whom he has three kids.
After graduation, he worked for Goldman Sachs. Four years later, he left the corporate to ascertain ESL Investments which was based totally in Greenwich, Connecticut. With the help of Richard Rainwater who gave him a seed money amounting to $28 million, as well as serving to him meet clients like David Geffen, ESL Investments was once in spite of everything formed. Eventually, he performed a major function within the merging of Sears and Kmart which ended in the formation of Sears Holdings.
In 2004, he earned an annual source of revenue of $1.02 billion making him the first Wall Street monetary manager to have earned over $1 billion income in a single 12 months. In 2006, he was named because the wealthiest particular person in Connecticut together with his $3.Eight billion net worth.
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