Jim Cramer is a famous American Television personality, who is best known for his appearances on CNBC’s Mad Money. He is also one of the co-hosts of CNBC’s Squawk on the Street along with Becky Quick, David Faber, and Joe Kernen. Jim Cramer net worth is $150 million in 2023.
He has also authored three books which are titled Get Rich Carefully, Real Money: Sane Investing in an Insane World, and Jim Cramer’s Mad Money: Watch TV, Get Rich.
Cramer began his career as a financial journalist. He later worked as a research director at Goldman Sachs and as a hedge fund manager. In 1987, Cramer co–founded TheStreet.com, a financial news, and analysis website. The site was sold to News Corp in 2006.
Cramer has been a featured guest on numerous television shows, including Oprah, The Tonight Show, and 60 Minutes. Cramer has been criticized for his stock picks and for his allegedly bullish bias.
Jim Cramer Wiki Profile
James Joseph Cramer was born on February 10, 1955. He is an American television personality and author. He is the host of Mad Money on CNBC and the host of Squawk on the Street. The former hedge fund manager, founder, and senior partner. by Cramer Berkowitz
| Real Name | James Joseph Cramer |
| Familiar Name | Jim Cramer |
| Jim Cramer Net Worth | $150 Million |
| Cramer Salary | $2 Million |
| Cramer Monthly Income | $3 Million |
| Father’s Name | N. Ken Cramer |
| Mother’s Name | Louise A. Cramer |
| Date of Birth | February 10, 1955 |
| Jim Cramer Height | 5 feet 9 inches (179 CM) |
| Occupation | Author, Television Personality |
| Nationality | American |
| Sun Sign | Virgo |
| Jim Cramer Wife | Lisa Cadette Detwiler |
| Favorite Actor | Kevin Hart |
| Favorite Color | Yellow |
| Sport | Tennis |
| Favorite Actress | Paris Jackson |
| Holiday Destination | Iceland |
| Daughter’s Name | Cece Cramer |
| Cramer’s First Job | Selling Coca-Cola |
Jim Cramer’s Early Life
Cramer was born in Wyndmoor, Pennsylvania to Jewish parents. Cramer’s mother, Louise A. Cramer, was an artist. His father, N.Ken Cramer, was the owner of International Packaging Products, a Philadelphia-based company that sold gift wraps, boxes, and bags to retailers and restaurants. Cramer attended Springfield Township High School in Montgomery County, Pennsylvania. Among his earliest jobs was Cramer selling Coca-Cola from 1971 and later selling ice cream at Veterans Stadium during Philadelphia Phillies games. Cramer first began studying stocks in fourth grade and continued the habit through high school.
Jim Cramer Education
Jim Cramer was born in Wyndmoor, Pennsylvania, on February 10, 1955. He attended Springfield High School, where he was a tennis player and was ranked 14th in the state. He graduated from Harvard College in 1977 with a degree in Government.
During his time at Harvard, he was the president of The Harvard Crimson. He then attended Harvard Law School but dropped out after one year.
Jim Cramer Career
Cramer started his career in the year 1976. He worked in several places and companies such as Goldsmith Agio Helms, Goldman Sachs, and Lehman Brothers. Cramer was a senior vice president at Goldman Sachs in the year 1982. In the year 1987, he started his own hedge fund, and in the year 1996. He sold it to Cramer Berkowitz & Co. Jim is also a writer and published his first book, You Got Screwed! Why Wall Street Took Your Money and How You Can Get It Back.
He has also written other books such as Mad Money: Watch TV, Get Rich and Other Temptations, Jim Cramer‘s Real Money: Sane Investing in an Insane World), and The RealMoney Column (a monthly column in TheStreet.com). Jim is also the host of Mad Money, a CNBC show. He has also appeared in the CNBC show, The Kudlow Report. He has appeared in the shows The Simpsons and The Daily Show.
Cramer was admitted to the New York State Bar in 1985 however now no longer exercises. His license to exercise regulation was suspended on April 2, 2009, for failure to resume his registration
Jim Cramer’s Personal Life
He has been married twice in his life. Jim married Karen Backfisch–Olufsen in the year 1988. He has three children with her. The couple divorced in the year 2009 after 21 years of their marriage. In the year 2015, he married Lisa Cadette Detwiler. The couple is living a happy life together. They have no children together. There is no news about his affair and girlfriend.
Jim Cramer Wife
Jim Cramer has been married twice in his life. His first wife was Karen Backfisch–Olufsen, to whom he was married from 1988 to 2009. His second wife is Lisa Cadette Detwiler, to whom he has been married since 2015.
Jim Cramer Daughter
Jim Cramer’s daughters are Cece Cramer and Emma Cramer. Cece Cramer is the beautiful daughter of American author and television star Jim Cramer. She was raised in the United States with her sister, Emma Cramer. Cece Cramer Emma Cramer was born to her famous father, Jim Cramer, and her mother. Karen back fish.
Their parents ended their twenty-one-year marriage in 2009. The TV presenter married his then-wife Karen in 1988. The couple had a healthy and happy relationship for 21 years and had two beautiful daughters, Cece and Emma.
Jim Cramer Investment Club
Jim Cramer’s Investment Club is a group of investors who meet regularly to discuss stocks and investing strategies. The club is open to all levels of investors, from beginners to experienced professionals. Members pay a monthly fee to access the club’s resources, which include a monthly newsletter, an online forum, and access to Jim Cramer’s TV show.
The club also offers occasional live events, such as seminars and webinars. The Investment Club is a great way to learn about stocks and investing and to get insights from one of the most successful investors on Wall Street. However, it is important to remember that Jim Cramer is a stock picker, and his recommendations are not guaranteed to make money. As with any investment, it is important to do your own research before making any decisions.
Jim Cramer Mad money
“Mad Money” is a fast-paced, entertaining look at the stock market, where Cramer shares his insights in a way that viewers, even those not interested in stocks, can understand.
“Mad Money” takes viewers inside the mind of one of Wall Street’s most respected and successful money managers. Cramer is your personal guide through the confusing jungle of Wall Street investing, explaining, in everyday terms, what stocks to buy and when to sell them.
Cramer is candid, often blunt, and always entertaining. He takes viewers on a virtual tour of Wall Street while giving them the information they need to make smart investment choices.
Jim Cramer Social Media Links
- Facebook – https://www.facebook.com/jimcramer/
- Jim Cramer Twitter – https://twitter.com/jimcramer
- Instagram – https://www.instagram.com/thestreet/
- YouTube – https://www.youtube.com/user/TheStreetTV
Jim Cramer Net Worth
Cramer is an American television personality, best-selling author, and former hedge fund manager. Jim Cramer net worth is $150 million. He is probably best known as the host of “Mad Money” on CNBC and as co-founder and president of TheStreet.com. From his various jobs at CNBC, Jim Cramer earns an annual salary of $3 million.
It also generates significant income from royalties and book advances. Cramer ran the Cramer Berkowitz hedge fund from 1 to 2001. At its peak, the fund managed $450 million in assets. It generated an average annual return of 24%. In 2005, Cramer told BusinessWeek that his net worth was in the range of $50 million to $100 million. At the height of the dot-com bubble, Jim Cramer’s net worth was significantly higher, thanks largely to his 15% interest in thestreet.com.
In 1999, shortly after its IPO, TheStreet.com had a market capitalization of $1.7 billion. At this level, Cramer’s 15% stake was worth $255 million. Fast-forward to 2005, the post-dotcom crash, and that bet was worth around $15 million.
Controversies About Jim Cramer
There are many controversies about Jim Cramer. One controversy is that he was accused of insider trading. In 2006, Cramer settled with the SEC and agreed to pay a $2 million fine for his involvement in a scheme to manipulate the stock of a company. Another controversy is that he has been criticized for giving bad investment advice.
In 2008, Cramer was criticized for recommending Bear Stearns just before it collapsed. Cramer has also been accused of being too bullish on stocks. In 2009, he was one of the few people on CNBC who was bullish on the stock market just before the market crashed.
Some people also think that Cramer is a charlatan and a fraud. They think that he is more interested in entertainment than giving good investment advice. Cramer has been involved in many controversies and has been criticized by many people. However, he is still one of the most popular and respected financial commentators on television.
Some Lesser Known Facts About Jim Cramer
- He has authored five best-selling books, including his latest, Get Rich Carefully.
- Cramer has a bachelor’s degree in government from Harvard University and a Juris Doctor from Harvard Law School.
- Jim has been a regular contributor to TheStreet.com, RealMoney.com, and CNBC.com.
- He is also the host of CNBC’s Mad Money with Jim Cramer, a one-hour investing show that airs nightly.
- Cramer is a co-founder and chairman of TheStreet, Inc.
- Cramer is also a member of the Council on Foreign Relations.
- In 2006, Cramer was named one of Time magazine’s 100 most influential people.
- In 2020, Cramer was inducted into the American Academy of Arts & Sciences.
- He is of Jewish descent.
- Jim Cramer net worth is $150 million.
- Cramer has been married twice and has two children.
- Cramer is a fan of the New York Yankees and the New York Knicks.
- Jim Cramer is a registered Democrat.
- Cramer has donated to the campaigns of Hillary Clinton, Barack Obama, and John Kerry.
- In 2020, Cramer endorsed Joe Biden for president.
- In 2021, Cramer endorsed Andrew Cuomo for governor of New York.
- Cramer is a fan of the Broadway musical Hamilton.
Frequently Ask Questions (FAQs)
Q. How did Jim Cramer get rich?
Ans: Jim Cramer net worth is estimated at $150 million. He has earned his wealth through his successful career as a financial commentator, author, and television personality.
Q. What is Jim Cramer’s investment philosophy?
Ans: Cramer‘s investment philosophy is based on the idea of finding companies with a durable competitive advantage that he calls the “secret sauce.” He also looks for companies with good management, strong financials, and a share price that he believes is undervalued.
Q. What is Jim Cramer net worth?
Ans: Jim Cramer net worth is estimated to be $150 million.
Q, How old Is Cramer?
Ans: Cramer is 68 years old.
Q. What is Jim Cramer’s TV show, Mad Money, about?
Ans: Mad Money is a CNBC show where Cramer gives his opinion on stocks and the market. He also interviews CEOs and other financial experts.
Q. What is Jim Cramer’s investment philosophy?
Ans: Cramer‘s investment philosophy is based on the idea of finding companies with a durable competitive advantage that he calls the “secret sauce.” He also looks for companies with good management, strong financials, and a share price that he believes is undervalued.