James J. Cramer was born on 10 February 1955, in Philadelphia, Pennsylvania USA into a Jewish family, and is a noted television personality, hedge fund manager and writer, particularly well-known to the public for appearing on the show called “Mad Money”, and as one of the owners of “TheStreet.com, Inc”. His career began in 1980.
So how rich is Jim Cramer? It is estimated by sources that Jim’s net worth is $100 million. The main source of this sum of money is his activities as a television personality, based on his financial experience. In addition to this, Jim has written numerous books and they also make his net worth higher. Is Cramer continues his career, there is a high chance that his net worth will grow.
Jim Cramer Net Worth $100 Million
Jim Cramer was educated at Springfield Township High School and later continued his studies at Harvard College from where he graduated with a degree in government. During his studies, Jim worked on the students’ newspaper, called “The Harvard Crimson”. Soon after graduating Cramer continued his career as a journalist, by working on the newspaper called “Tallahassee Democrat”. This was the time when Jim Cramer’s net worth began growing steadily. Jim then worked for such magazines as “American Lawyer” and “Los Angeles Herald-Examiner”.
Jim then became interested in business, specifically in investment, and in 1987 he founded his own hedge fund, called “Cramer & Co”. In 2001 Jim decided to leave his own fund as it was not as successful as he expected it to be. In addition to his fund, Jim founded “TheStreet.com, Inc” in 1996, which soon became one of the main sources of Cramer’s net worth.
Despite these activities, Jim is mainly known for his appearances on television. In 2005 he started working on the show entitled “Mad Money with Jim Cramer”. He has also appeared in such shows as “Kudlow & Cramer”, “America Now”, “Arrested Development”, “Cheap Seats”, “Live with Regis and Kelly” and others. All these appearances have had a huge impact on the growth of Jim Cramer’s net worth.
As mentioned, Jim has subsequently written several books. Some of them include, “Jim Cramer’s Getting Back to Even”, “Jim Cramer’s Mad money: Watch TV, Get Rich”, “You Got Screwed! Why Wall Street Tanked and How You Can Prosper”, “Confessions of a Street Addict” and others. These books gained popularity and of course contributed to Jim’s net worth. Hopefully, Jim will write even more books in the future and will continue his career as a television personality.
If to talk about Jim Cramer’s personal life, he was married to Karen Backfisch-Olufsen(1988-2009) with whom he has two children. In 2015 Jim married Lisa Cadette Detwiler. All in all, Jim Cramer has a lot of experience and is one of the most famous television personalities. It is clear that Jim is a very active person who is interested in various spheres and tries to achieve all of his goals. Hopefully, Jim will continue being successful and working on new projects.
