James Joseph Cramer, an American author, and television personality was born on February 10, 1955. Jim Cramer net worth is $150 million. He anchors Squawk on the Street and hosts Mad Money on CNBC. Founder and senior partner of Cramer Berkowitz and a former hedge fund manager, Jim Cramer is the author of several books, including Confessions of a Street Addict (2002), Jim Cramer’s Real Money: Sane Investing in an Insane World (2005), Jim Cramer’s Mad Money: Watch TV, Get Rich (2006), and Jim Cramer’s Get Rich Carefully (2007). (2013).
He was a contributing writer for TheStreet.com from 1996 until 2021. Cramer presented Kudlow & Cramer from 2002 through 2005.
Jim Cramer net worth is $150 million.
Jim Cramer Biography
Jewish parents gave birth to Cramer in 1955 in Wyndmoor, Pennsylvania, a suburb of Philadelphia. Louise A. Cramer, Cramer’s mother (1928–1985), was an artist. N. Ken Cramer, Cramer’s father (1922–2014), was the owner of International Packaging Products, a Philadelphia-based business that distributed bags, boxes, and wrapping paper to shops and eateries. Cramer attended Springfield Township High School in Pennsylvania’s Montgomery County.
Beginning around 1971, Cramer worked his first job selling Coca-Cola and ice cream at Veterans Stadium during Philadelphia Phillies games. Cramer started researching equities in the fourth grade and kept up the practice all the way through high school.
| Age: | 67 years 8 months |
| Birth Date: | February 10, 1955 |
| Full Name: | Jim Cramer |
| Jim Cramer Net Worth: | $150 million |
| Birth Place: | Wyndmoor, Springfield Township, Pennsylvania, United States |
| Horoscope (Sunshine): | Aquarius |
| Salary: | $5m per year |
| Height: | 5 feet 5 inches (1.65m) |
| Ethnicity (Race): | Jewish |
| Nationality: | American |
| Profession: | Television Host, Author |
| Father’s Name: | Ken Kramer |
| Mother’s Name: | Louise A. Cramer |
| Education: | Harvard College |
| Weight: | 80 Kg |
| Hair Color: | Brown |
| Eye Color: | Brown |
| Lucky Number: | 3 |
| Lucky Stone: | Amethyst |
| Lucky Color: | Turquoise |
| Best Match for Marriage: | Aquarius, Gemini, Sagittarius |
| Last Updated: | October 2022 |
Jim Cramer Physical Appearance
| Height | 5 feet 5 inches |
| Weight | 80 Kg |
| Eyes | Brown |
| Hairs | Brown |
| Build | Lean |
Jim Cramer net worth is $150 million.
Jim Cramer Net Worth
American author and television personality Jim Cramer net worth is $150 million. Jim Cramer’s annual salary is $5 million per year. His primary source of earnings is hosting. In addition, he receives a sizeable income through book advances and royalties.
Cramer oversaw the Cramer Berkowitz hedge fund from 1987 to 2001. The fund managed $450 million in assets at its height. It generated a 24% annual return on average. Cramer estimated his net worth to be between $50 and $100 million in 2005, according to BusinessWeek.
Because of his 15% ownership position in TheStreet.com, Cramer’s net worth was much higher at the height of the dot-com bubble. TheStreet.com had a market cap of $1.7 billion in 1999, just a few months after going public. Cramer’s 15% ownership at that price was valued at $255 million. After the dotcom meltdown in 2005, that stake was estimated to be worth $15 million.
A house in Summit, New Jersey, with a history of almost 100 years was purchased by Jim and his ex-wife Karen for $2.375 million in 1999. Jim sold the house to Karen for $1 as part of their divorce settlement. In April 2019, Karen sold the residence for $3.675 million.
Jim spent $4.7 million on another house in Summit, New Jersey, in 2008. In another part of New Jersey, he is the owner of a 65-acre estate. Jim Cramer net worth thus includes earnings from being a host, hedge fund incomes, and real estate properties.
Jim Cramer Net Worth Growth
| Jim Cramer Net Worth 2022 | $150 Million |
| Jim Cramer Net Worth 2021 | $145 Million |
| Jim Cramer Net Worth 2020 | $140 Million |
| Jim Cramer Net Worth 2019 | $135 Million |
| Jim Cramer Net Worth 2018 | $130 Million |
Jim Cramer Professional Career
Cramer was hired as an entry-level reporter at the Tallahassee Democrat newspaper in Tallahassee, Florida, after graduating from college. Since he just lived a few blocks away, it so occurred that he was one of the first people to cover the Ted Bundy murders at the time. He then worked for newspapers like the Los Angeles Herald-Examiner and American Lawyer, as well as for California Governor Jerry Brown. Later, he went back to Harvard to finish law school. He invested in the stock market when he was a law student and paid his tuition with the proceeds of his trading.
After earning his law degree from Harvard in 1984, Cramer was hired by Goldman Sachs as a stockbroker. He didn’t practice law even though he was admitted to the New York State Bar Association in 1985. His ability to practice law in New York was ultimately stopped in 2009 as a result of his failure to pay the registration fee.
Cramer quit his job at Goldman Sachs in 1987 to launch his own hedge fund, Cramer & Co. (later to be known as Cramer, Berkowitz & Co.). He was paid 20% of the income he made while raising $450 million in $5 million increments. Eliot Spitzer, Martin Peretz, and Steve Brill were a few of the hedge fund’s first investors. He left the hedge fund in 2001, and his previous business colleague, Jeff Berkowitz, took charge. According to Cramer, his sole year of negative returns from 1988 to 2000 was 1998. He further asserts that over a 14-year period, he generated an average yearly return of 24%. But several of his findings and assertions have been challenged. Jim Cramer net worth kept rising during this period.
Jim Cramer net worth is $150 million.
Among Cramer’s other endeavors was SmartMoney magazine, where he served as the “editor at large.” He was accused of unethical behavior while working there when he made a $2 million profit himself by purchasing stocks just before an article having his recommendations in it was released. Additionally, Cramer and Martin Peretz collaborated in 1996 to develop the website TheStreet.com, which provides financial news and financial education. TheMaven purchased the website in 2019 for $16.5 million.
Additionally, Cramer frequently appeared as a guest pundit on CNBC in the late 1990s. In the end, he and Larry Kudlow were given their own show, “Kudlow & Cramer,” which ran from 2002 to 2005. Later, he switched to “Mad Money with Jim Cramer,” which debuted on CNBC in 2005. The program gives viewers the resources and information they need to become better investors. Cramer is obligated to disclose any positions he may have with respect to the stocks covered on the show as a condition of his participation in the program. Additionally, he is prohibited from trading in anything he has spoken about or discussed on the show for five days after each broadcast.
Several books by Cramer have also been written and published. These consist of “You Got Screwed!, Confessions of a Street Addict (2002), “Jim Cramer’s True Money: Sane Investing in an Insane World” (2005), and others. Jim Cramer net worth includes book royalties as well.
Jim Cramer Family and Relationships
Jim Cramer is married. He has had two marriages. In 1988, he first wed Karen Backfisch-Olufsen, the love of his life.
Cece and Emma Cramer are their two children from their marriage. The couple, however, separated in 2009 because they were unable to manage their relationship.
After their divorce, Jim and Lisa Cadette Detwiler exchanged vows on April 18, 2015. Since then, they have had a happy relationship and there have been no rumors of arguments or divorce. They are currently enjoying their lives and handling their marriage gracefully.
Jim Cramer Rumors and Controversies
Jim Cramer has been involved in multiple controversies over the years. Fox News Channel sued Cramer and TheStreet.com in 2000, claiming that Cramer had broken his agreement to produce a program for Fox. Cramer and TheStreet.com eventually settled the case. When Fox objected that Cramer had marketed TheStreet.com stock on its network, the argument got started.
Nancy Pelosi was being interviewed on television on September 15, 2020, and Cramer called her “Crazy Nancy” before defending his behavior in a series of tweets.
Jim Cramer net worth is $150 million.
Jim Cramer Social Media Accounts
10 Facts about Jim Cramer
- James Joseph Cramer, an American author, and television personality was born on February 10, 1955.
- He was born in Wyndmoor, Pennsylvania, U.S.
- Jim Cramer graduated from Harvard University with a Bachelor of Arts and Juris Doctor.
- He anchors Squawk on the Street and hosts Mad Money on CNBC.
- Cramer is the founder and senior partner of Cramer Berkowitz, a former hedge fund manager, and the author of numerous publications.
- Jim Cramer net worth is $150 million.
- He wrote for TheStreet.com from 1996 to 2021, which he co-founded.
- Jim Cramer is married to Lisa Cadette Detwiler since 2015. Karen Backfisch is his ex-wife.
- Jim is the father of 2 children.
- Cramer presented Kudlow & Cramer from 2002 through 2005.
Frequently Asked Questions about Jim Cramer
Jim Cramer is a popular American television host and author best known for hosting Mad Money on CNBC since 2005. There are many questions asked about the host. Here are some of the most important and frequently asked questions about Jim Cramer net worth, career, relationships, and much more.
What is Jim Cramer net worth?
Jim Cramer net worth is $150 million.
What is the annual income of Jim Cramer?
Jim Cramer’s annual income is $5 million.
What is the age of Jim Cramer?
Jim Cramer is 67 years old (February 10, 1955).
Where was Jim Cramer born?
Jim Cramer was born in Wyndmoor, Pennsylvania, U.S.
Where did Jim Cramer graduate from?
Jim Cramer graduated from Harvard University with a Bachelor of Arts and Juris Doctor.
What the height of Jim Cramer?
Jim Cramer has a height of 5 feet 5 inches.
Why is Jim Cramer famous?
Jim Cramer is a popular American television host and author most famous for hosting Mad Money on CNBC.
When did Jim Cramer start to host Mad Money?
Jim Cramer is hosting Mad Money since 2005.
Who is Jim Cramer married to?
Jim Cramer is married to Lisa Cadette Detwiler since 2015. Karen Backfisch is Jim’s ex-wife (1988–2009).
How many children does Jim Cramer has?
Jim Cramer is the father of 2 children.
Conclusion
Jim Cramer is a popular American television host and author best known for hosting Mad Money on CNBC since 2005. Jim Cramer is 67 years old (February 10, 1955), born in Wyndmoor, Pennsylvania, U.S. He graduated from Harvard University with a Bachelor of Arts and Juris Doctor.
Jim Cramer net worth is $150 million.
Jim Cramer net worth is $150 million. Jim Cramer is a popular American television host and author most famous for hosting Mad Money on CNBC since 2005. Jim Cramer was a former hedge fund manager. He is married to Lisa Cadette Detwiler since 2015. He was previously married to Karen Backfisch from 1988 to 2009. Jim is the father of 2 children. Jim Cramer continues to host and anchor on CNBC.
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