JIM CRAMER’S NET WORTH!
Succeeding in the stock market takes more than just business savvy. It also requires a strong understanding of one’s self and their own strengths, weaknesses, and abilities. There are many different ways to approach investing, but some experts recommend that new investors try to emulate the strategies of successful traders. Jim Cramer is an expert on financial matters who has been practicing for decades, after completing his MBA at Harvard Business School.
Jim Cramer is best known for his televised show on CNBC titled “Mad Money.” He’s an interesting character who has done a variety of things in the financial arena and he’s managed to amass a fortune that is worth over $100 million. This is a large net wealth and some are wondering how he did it. We looked into his past history and career and this is what we discovered.
His Early Life
He was born James J. Cramer in February of 1955 in the Philadelphia suburb of Wyndmoor, Pennsylvania. James was born into a Jewish family to Louise A. Cramer an artist and his father N. Ken Cramer was the owner of International Packaging products in Philadelphia. The company specialized n the sale of bags, boxes, and wrapping paper to restaurants and retailers.
One of Jim’s first jobs was at a Veterans Stadium selling ice cream at local Phillies games. He graduated from high school and then enrolled in Harvard College where he earned a Bachelors’s degree in government in 1977, graduating magna ■■■ laude. His journalism experience began in college when he became the President and Editor-Chief of the Harvard Crimson. He continued with his education at Harvard Law School where he earned his Juris Doctor degree in 1984.
Jim Cramer’s Net Worth and Salary
Jim Cramer has a net worth of $150 million USD and is an American television personality, best-selling book, and former hedge fund manager. He is most known for hosting CNBC’s “Mad Money” and for co-founding and serving as chairman of TheStreet.com. Jim Cramer gets paid $5 million each year for his numerous responsibilities at CNBC. He also makes a lot of money off of book royalties and advances.
Jim Cramer’s Personal Life
From 1988 through 2009, Cramer was married to Karen Backfisch. They are the parents of two children. Lisa Cadette Detwiler, a real estate broker, and general manager of the New York City restaurant The Longshoreman is his second wife. They tied the knot in April of 2015. The DeBary Inn in Summit, New Jersey, which he bought with four other investors in 2009, and the Bar San Miguel, a restaurant and bar in Carroll Gardens, Brooklyn, which he owns with his wife, are two of his enterprises. Cramer is a long-time supporter of the Philadelphia Eagles of the National Football League. He has been a season ticket holder for more than 20 years.