$2 Billion         |         Rank #1645

Who is Edward Lampert

He took over as CEO of struggling retail giant Sears Holdings (Sears, Kmart, Kenmore) in 2013 with hopes of a turnaround, but failed miserably.
ILampert’s ESL Investments promised Sears nearly $1 billion in loans in the first 10 months of 2017.
In October 2018, Sears Holdings filed for Chapter 11 bankruptcy and announced that it would close 142 Sears and Kmart stores.
In January 2019 Lampert won an auction to keep the company, with a reported bid of more than $5 billion. Coming from an average or middle class family, Edward Lampert is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 1645 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 59.0 years old. As of today, Edward Lampert’s net worth is approximately 2 Billion.

Facts about Edward Lampert

To find out what is Edward Lampert Net Worth, how he got there and what is Edward Lampert Salary Per Day, Career, Biography and Childhood details, continue reading below.

Background of Edward Lampert

Edward Lampert was born on 19-07-62 in United States. A graduate of Yale University, he was a part of the secret society Skull and Bones, whose alumni include former presidents George H.W. Bush and George W. Bush. Lampert survived a kidnapping in 2003; his captors released him after two days. Being raised in the same country, Edward Lampert spent most of his time in Florida in the city of Miami Beach.

Edward Lampert net worth is estimated at 2 Billion Billion to date.

Professional Journey

Edward Lampert is currently working as Founder at the world famous ESL Investments Inc.. You will see him often in social media.  After a stint at Goldman Sachs’ risk arbitrage department, Edward Lampert founded hedge fund ESL Investments in 1988, betting on undervalued stocks. There was a time when he would have embraced the change that was coming.  He is one of the persons who are always trending in news. A graduate of Yale University, he was a part of the secret society Skull and Bones, whose alumni include former presidents George H.W. Bush and George W. Bush. In his youth, he was adventurous but unknown, but that was years ago. He took over as CEO of struggling retail giant Sears Holdings (Sears, Kmart, Kenmore) in 2013 with hopes of a turnaround, but failed miserably.
ILampert’s ESL Investments promised Sears nearly $1 billion in loans in the first 10 months of 2017.
In October 2018, Sears Holdings filed for Chapter 11 bankruptcy and announced that it would close 142 Sears and Kmart stores.
In January 2019 Lampert won an auction to keep the company, with a reported bid of more than $5 billion. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. After a stint at Goldman Sachs’ risk arbitrage department, Edward Lampert founded hedge fund ESL Investments in 1988, betting on undervalued stocks.
It is to be noted that Edward Lampert is one of the selfmade billionaires in the world and stands at 1645 in most wealthy persons in the world.

FAQs

Here are a few most frequently asked questions about Edward Lampert:

How much is Edward Lampert worth?

Edward Lampert’s net worth is estimated to be 2 Billion.

How old is Edward Lampert?

Edward Lampert was born on 19-07-62, and is currently 59.0 years old.

What is Edward Lampert source of income?

Edward Lampert acquires most part of his wealth from Sears.
 

Concluding Edward Lampert Net Worth

Currently with a net worth of 2 Billion, Edward Lampert stands at 1645 in the world billionaires list. And draws most of his wealth from Sears. Hope you like this information about Edward Lampert. If you like this, then please share it with your friends. This above post is all about the estimated worth of Edward Lampert. Do you have any queries? Feel free to ask via comment section.

Disclaimer: Please keep in mind that this is an estimated net worth of Edward Lampert. Actual worth may vary a little. You can always get information by checking out Leaktown.com.