Edward Lampert

Edward Lampert Net Worth

Edward Lampert net worth: Edward Lampert's net worth is $3.6 billion dollars which makes him one of the richest people in Connecticut. Born in Roslyn, New York, Edward Lampert worked throughout his school years after his father passed away, and his family fell on hard times. He earned excellent grades, and eventually graduated from Yale University with a degree in Economics. After graduating, he interned at Goldman Sachs, before becoming a full member of their risk arbitrage department. He left Goldman Sachs in the late 80s to go out on his own, and, with a $28 million investment from Richard Rainwater, launched ESL Investments in Connecticut. He is currently the CEO and President of ESL. He is most widely recognized as the Chairman of Sears Holding Corporation, which was created when he merged Sears and KMart. The majority of his investments are in the retail sector. He has also served as the director of AutoZone, Inc., and he is the former director AutoNation, Inc., as well.