Early Life and Education
Lampert was born in 1962 to Dolores Lampert and Floyd M. Lampert. His mother was a housewife. His father was a senior partner in the law firm of Lampert & Lampert in New York City. He has a younger sister Tracey.
Lampert's grandmother was a passive investor and big fan of Louis Rukeyser's Wall Street Week television program. She instilled in him an interest in investing. His mother would later recall that young Eddie would sit with his grandmother reviewing and evaluating the performance of her stock picks in the daily paper.
Lampert's father died at the age of 47 leaving the family impoverished and forcing his mother to take a job as a clerk at Saks Fifth Avenue. His mother would later say: "Eddie really assumed the responsibility, knowing that life had changed and we had to accomplish something by ourselves now." In order to help support his family, Eddie worked after school and on weekends at various warehoues, stocking shelves and filling orders. Despite working, he earned good grades, played both soccer and basketball, and won the scholar athlete award at his high school. He received financial aid to help pay for college.
Lampert graduated from Yale University in 1984 (B.A., economics, summa cum laude), where he was a member of Skull and Bones and Phi Beta Kappa.
Read more about this topic: Edward Lampert
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