Jim Cramer Net worth is around $150 million. He regularly contributes to the finance publication and The Street. Jim Cramer is an American television personality also the best selling author and a former hedge fund manager .He is best known for being the host of CNBC’s Mad Money and also for the co founder and chairman of The Street. com.
Who Is Jim Cramer?
Jim Cramer was born in Wyndmoor which is in Pennsylvania on 10 February 1955. He lived in a house at 1401 Cromwell Road. Where every day he would come home only to check how the stock market did the previous day.
From grade six jim thinks thay if he had invested in the stocks that he picked them only he would have made a couple of million dollars back then .Jim Cramer is an American television personality and is the best selling author.
Also he is a former hedge fund manager and probably he is best known for being the host of CNBC Mad Money we all know that. From being co founder and chairman of The Street. com he is best in everything.
For his various jobs at CNBC Jim Cramer earns a good amount an annual salary of $5 million. He also earns for an income from book advances and royalties . Cramer run all the hedge fund Cramer Berkowitz from almost 1987 to 2001.
When they are on its peak the fund had $450 million assets which is under management. Jim produced an average annual return of 24%. In 2005 jim Cramer told Business Week that his estimated net worth was around in the $50 to $100 million range.
At the peak of the dotcom bubble Jim Cramer net worth was noticibaly higher. It is all because of hard work thanks to largely to his 15% share in The Street. com. After going public in 1999 The Street had a market top of $1.7 billion. At that level the Cramer has 15% share which was worth $255 million. Fast forward to 2005 the post dotcom crash that share was worth around $15 million altogether.
| # | Quick facts about Jim Cramer Net worth |
|---|---|
| Jim Cramer Net Worth | $150 Million |
| Date of Birth | Feb 10, 1955 |
| Age | 66 years old |
| Gender | Male |
| Profession | Journalist, entrepreneur, TV personality, lawyer, commentator, investor |
Early Life And Career
Jim cramer is better known as American television Personality. He was born in Wyndmoor a suburb of Philadelphia which is Pennsylvania. He was born on 10 February 1955 to a Jewish family. His mother Louise A. Cramer who was a great artist. His father Ken Cramer was the owner of International Packaging Products where the company sold all the things from boxes to wrapping paper retailers and restaurants.
Cramer earliest jobs in the early 1970s was to sell Coca Cola and ice cream at Veterans Stadium. This is when Philadelphia Phillies baseball games. He attended the Spring field Township High School and continued his education at Harvard College where he studied and completed his degree.
He graduated from magna laude from Harvard in 1977 with a Bachelor of Arts degree. While a student at Harvard university he always involve in the extra curricular activities was involved him in was The Harvard Crimson that serve as the publication President and Editor in Chief.
He received his graduation from college and landed for a job as an entry level reporter at the Tallahassee Democrat publication in Tallahassee which is in Florida. Jim became one of the first people to cover the Ted Bundy murders at the time when he only lived a few blocks way from him.
Frequently he worked at publications back an forth like the Los Angeles
American Lawyer and Herald Examiner. He even worked for the Governor of California Jerry Brown as we know by now he worked hard .
He turned to Harvard to attend the law school. While he was a law student then only he invested in the stock market and used the money he made from trading to cover his tuition costs. He is graduated from Harvard law university in in 1984.
Cramer landed a job as a stock broker at Goldman Sachs. He was not being admitted to the New York State Bar Association in 1985. Despite of that he was working as a stock broker.
He did not practice law. Eventually his license to practice law in New York was suspended in 2009 eventually because he failed to pay the registration fee. In 1987 Cramer left his position at Goldman Sachs to start his own hedge fund.
Personal Life
From 1988 to almost at the end of 2009 the Cramer was married to Karen Backfisch with whom he had two children. On 18 April 2015 Jim Cramer married to Lisa Cadette Detwiler who is a real-estate broker and general manager of The Longshoreman. Also an Italian bistro restaurant in the borough of Brooklyn in New York City.
Jim Cramer had creative parents. His mother was an artist and his father was an entrepreneur of well known company who owned a company that sold boxes, wrapping paper and bags.
Cramer attended Harvard University where he earned a Bachelors degree in government in 1977 then graduating magna laude and his Juris Doctor degree at Harvard Law School in 1984. A successful reporter in Tallahassee which is in Florida. Cramer covered the Ted Bundy murders.
Cramer ran a hedge fund from 1987 to 2001 and had only one year of negative returns.
His parents were hardworking and creative individuals. As a young man Cramer sold ice cream at Veterans Stadium it is when during local Phillies games. 3 In 1978 Cramer began working as a reporter.
Cramer was robbed many times in Florida and was even forced to live in his car at one point. In 1977 after graduating magna laude his journalism experience began in college when he became the President and Editor in Chief of the Harvard Crimson continued with his education at Harvard Law School where he earned his Juris Doctor degree in 1984.
Summary Jim Cramer Net worth is around $150 million. He regularly contributes to the finance publication and The Street. Jim Cramer is an American television personality also the best selling author and a former hedge fund manager .He is best known for being the host of CNBC’s Mad Money and also for the co founder and chairman of The Street. com.
Frequently Asked Questions
There are some questions which are related to Jim Cramer are as follows :
1. What is Cramer salary?
Jim Cramer Net worth is around $150 million. He regularly contributes to the finance publication and The Street. Jim Cramer is an American television personality also the best selling author and a former hedge fund manager .Jim Cramer was born in Wyndmoor which is in Pennsylvania on 10 February 1955.
2. Who is Jim Cramer’s wife?
In 1988 to almost at the end of 2009 the Cramer was married to Karen Backfisch with whom he had two children. On 18 April 2015 Jim Cramer married to Lisa Cadette Detwiler who is a real-estate broker and general manager of The Longshoreman.
** 3. Is Jim Cramer a good money manager?**
He is a former hedge fund manager and probably he is best known for being the host of CNBC Mad Money we all know that. From being co founder and chairman of TheStreet.com he is best in everything.
4. How old is Jim Cramer?
Jim Cramer was born in Wyndmoor which is in Pennsylvania on 10 February 1955. he is now 66 Years Old. His mother was an artist and his father was an entrepreneur of well known company who owned a company that sold boxes, wrapping paper and bags.
Conclusion
Jim Cramer was born in Wyndmoor which is in Pennsylvania on 10 February 1955. He lived in a house at 1401 Cromwell Road. Where every day he would come home only to check how the stock market did the previous day.
From grade six jim thinks thay if he had invested in the stocks that he picked them only he would have made a couple of million dollars back then .Jim Cramer is an American television personality and is the best selling author.
Jim cramer is better known as American television Personality. He was born in Wyndmoor a suburb of Philadelphia which is Pennsylvania. He was born on 10 February 1955 to a Jewish family. His mother Louise A. Cramer who was a great artist. His father Ken Cramer was the owner of International Packaging Products where the company sold all the things from boxes to wrapping paper retailers and restaurants.