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Edward Lampert - Yacht

Name: Fountainhead

Length: 88 m (288 ft)

Guests: 14 in 7 cabins

Crew: 20 in 10 cabins

Value: US$ 130 million

Owner: Edward Lampert

Net Worth: US$ 2 billion

Company: ESL Investments

Country: USA

Yacht Fountainhead - Edward Lampert

Edward Lampert is the owner of the yacht Fountainhead.


ESL Investments

Lampert is the founder and sole owner of ESL Investments. ESL serves as manager to investment funds that invest in equity and debt instruments, securities, options and other financial instruments and products. ESL manages assets in one master fund, ESL Partners, L.P. As of December 31, 2015, ESL Partners held approximately US$2.8 billion in assets.


Sears Holding

Known investments of Lampert are Sears Holding, Autonation (the largest U.S. retailer of new cars, trucks & SUV), Land’s End (the fashion brand founded by the late Gary Comer, former owner of the yacht Turmoil), Autozone (a leading auto parts retailer) and Footstar Inc (a now bankrupt shoe retailer). Lampert owns about 48% of Sears stock, according to the company's annual report, including holdings through ESL Investments. Besides his stock, Lampert holds about US$ 381 million in unsecured notes issued to Sears.


Edwart Lampert House

Lampert lives in a large house in Greenwich, Connecticut (close to New York City), but he also owns a US$ 40 million mansion on the Indian Creek Golf Club Island in Miami, Florida. The house is considered to be the 34th most expensive home in Florida.




Yacht Fountainhead

The yacht Fountainhead is a 88 meter (288ft) motor yacht built by Feadship in The Netherlands. She is a sistership to Larry Ellison’s yacht Musashi.  Fountainhead is designed Sinot Yacht Design and can accommodate 14 guests and 20 crew. We estimate her value at approx. US$ 130 million.


Marc Cuban

The yacht is often linked to billionaire Marc Cuban, but this info is incorrect. As far as we know Marc Cuban does not own a yacht, but if you have any information about a yacht owned by Marc Cuban please do send us a message. The yacht Fountainhead is not available for charter. Some of the photos hereunder by Dutch Yachting.


Net Worth

The net worth of Edward Lampert is estimated at US$ 2 billion. We think he also owns a Gulfstream private jet, but we have not found the registration number (yet ;-)  ). Do you know more about mr. Lampert’s private jet, please do send us a message.


Philanthropy

Edward and his wife Kinga Lampert are active philanthropists, through their The Lampert Foundation. The foundation focuses on support to health and education. Kinga Lampert co-chairs the board of directors of the Breast Cancer Research Foundation. They  also supported the Miami County Day School.


Edward Lampert Resources

https://www.forbes.com/profile/edward-lampert/

https://en.wikipedia.org/wiki/Eddie_Lampert

http://www.feadship.nl/en/fleet/yacht/fountainhead-1

https://en.wikipedia.org/wiki/ESL_Investments

Yacht Fountainhead

The yacht Fountainhead is owned by Edward Lampert

FountainheadEdward Lampert yachtFeadship FountainheadMarco Cuban yacht

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Edward Lampert houseEdward Lampert GreenwichMiami mansionLampert Miami house

His Greenwich mansion, near NYC

Lampert’s House in Miami

Fountainhead in Bergen, NorwayThe yacht Fountainhead in Norway

Fountainhead in Bergen, Norway (photos by HCA)