Another fact that did not hurt was that his hedge fund, ESL Investments, sports a 28% annual return for investors.

FORBES: Magazine Article

Lampert already controls Sears Holdings, which includes the namesake department store, Kmart and several other household brands, through the majority stake he holds personally and the shares owned by the hedge fund he manages, ESL Investments.

FORBES: Lampert Is Now Sears CEO--Another Odd Power Shift For The Brash Billionaire

Though manager of hedge fund ESL Investments, Eddie Lampert, Chairman of Sears Holdings (SHLD), had been steadily chiseling down his stake in AutoNation ( AN) since the first quarter of 2010, he made his first reduction of this year in a series of transactions from Oct. 31 to Nov. 2, according to GuruFocus Real Time Picks.

FORBES: Hedge Fund Billionaire Eddie Lampert Sells AutoNation