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Edward Lampert

Edward Lampert

Edward Lampert (#1904)

Global Rank #1904
Country Rank #654
Country United States

Edward Lampert is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 2 B
  • Sears
  • United States
  • M
  • 64 Years

Snapshot

Quick Facts

Global Rank #1,904
Country Rank #654
Net Worth $2.2B
Previous Worth $2.3B
Worth Change -$0.1B
Country United States
Industry Sears
Age 64 Years
Gender M
Worth As Of May 4, 2026
Last Refreshed 15 Sep 2026, 12:00 AM
Residence Miami Beach, Florida
World Billionaires List United States Billionaires Sears

Profile Data

Personal Stats

Age 64
Source Of Wealth Sears, Self Made
Self Made Score 9
Residence Miami Beach, Florida
Citizenship United States
Marital Status Married
Children 3
Education Bachelor of Arts/Science, Yale University
Net Worth Change -$0.1B -4.3% from previous worth
Previous Net Worth $2.3B
Current Net Worth $2.2B

Worth as of May 4, 2026

About Me

After a stint at Goldman Sachs' risk arbitrage department, Edward Lampert founded hedge fund ESL Investments in 1988, betting on undervalued stocks. He took over as CEO of struggling retail giant Sears Holdings (Sears, Kmart, Kenmore) in 2013 with hopes of a turnaround, but failed miserably. Lampert'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.

Insights

Did You Know?

Lampert survived a kidnapping in 2003; his captors released him after two days.

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.

Wealth Growth

Net Worth Growth Over Time

Tracking Edward Lampert's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $2.2B (May 4, 2026)

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