Jim Cramer


Jim Cramer Net Worth, How Much is Jim Cramer Worth?

James J Cramer, professionally known as Jim Cramer is one of the few television actors who is known for his astounding blend of infotainment skills in the industry.

He is a notable actor, a famous host of Mad Money, a TV show at CNBC, and a co-founder of a financial awareness website TheStreet.com. Born on Feb 10, 1955, the 65-year aged personality hails from Wyndmoor, U.S. Carrying a bag of multi-talents, he has managed to engross an empire worth million dollars around him, leaving the followers dumbstruck with his success. Read on to find how he managed to do it. Read on to know more about his success story.

Personal Profile

Celebrity Name – Jim Cramer
Full Name – James J Cramer
Gender – Male
Birthday – Feb 10, 1955
Place of Origin – Wyndmoor, Pennsylvania, U.S
Age – 65
Height – 1.70 m
Weight – 80 kg
Nationality – American
Status – Married
Spouse – Lisa Cadette Detwiler (m. 2015)
Karen Backfisch-Olufsen (m. 1988–2009)
Children – Cece Cramer and Emma Cramer
Profession – TV Actor, Author, and Entrepreneur
Jim’s Total Net Worth – $110 million

How Much is Jim Cramer Worth

Early Life

Jim Cramer hails from Wyndnoor, U.S, and was born on Feb 10, 1955, to father N Ken Cramer and mother Louise A Cramer. If we talk about his early life, Jim was really lucky to born to creative parents as her mother was an artist and father was the owner of a company that sold bags, boxes, and wrapping paper to retailers. Having attended Springfield Township High School, Cramer began to do some odd jobs like selling Coca Cola and ice creams sometime around 1971.

Jim got a Bachelors’ degree in Arts from Harvard College in 1977 where he also got the role of President for the daily student newspaper, The Harvard Crimson. In 1984, Jim got a degree in Doctor of Jurisprudence and during this period Jim started investing money in stocks and realized some got returns. Thereafter he also worked as a research assistant for an American lawyer.

Professional Life

Jim’s started his career as an entry-level reporter in 1977 for an annual salary of $15000 per year. He continued to work for daily newspapers like Tallahassee Democrat and was robbed several times during these years of his life. In 1984, Cramer worked as a stockbroker at Goldman Sachs, and later on, he got a license to New York State Bar Association.

After acquiring expertise in financial and investment management, Jim headed towards the opening of his own company, Cramer & Co. in 1987 and successfully generated a return of 24% in his journey of 14 years at this company with only one year of negative returns. Side by side, this multifaceted man, continued to work for other organizations as well and Smart Money is one of them. Jim retired from his hedge fund company in 2001.

Along with the hedging company, Hedge also co-founded TheStreet.com and provided his diligent advisory services on stock market transactions. This online website reached the market cap of $1.7 billion at one time in a year and later on The Mavens acquired it. Jim presently is an active commentator and advisor of this company.

If we talk about Jim’s Television career, he got a big break to work as a host of CNBC’S popular show Mad Money in 2005 and Jim rocked this show with his investing and speculating skills in public company stocks. With the successful launch of this show, Jim started getting multiple offers from the TV industry and performed very well as a host of shows like Arrested Development, Cheap Seats, The Tonight Show with Jay Leno. Some of the notable television series in which Jim has appeared and worked are as follows.

  • Late Show with David Letterman
  • NBC Nightly News
  • Late Night with Conan O’Brien
  • Live with Regis and Kelly
  • Jimmy Kimmel Live

Many media companies interviewed Jim for his continuous victories in all the shows he had hosted. Jim also appeared in films like Iron Man in 2008 and Wall Street: Money Never Sleeps in the year 2010. In addition to this, Jim has penned down many interesting books and is a proud author of the following books

  • Mad Money: Watch TV, Get Rich
  • Jim Cramer’s Getting Back to Even
  • Jim Cramer’s Get Rich Carefully
  • Confessions of a Street Addict
  • Jim Cramer’s Real Money

Personal Life

Being an educated entrepreneur and entertainer as well, Jim is living life like a king size. Jim got married to Karen Backfisch in 1988 with who he has 2 children but the relationship ended in 2009. After this, Jim met Lisa Cadette Detwiler, who is a real estate broker, and tied the knot with her on April 18, 2015. They are currently living in Summit, New Jersey. Jim is a fan of the Philadelphia Eagles and is a passionate football lover.

If you are curious about the property legacy of this multi-talented and fabulous actor, he owns a variety of real estate properties ranging from restaurants to summer houses and DeBary Inn.

Jim also faced repudiation charges by Fox Channel on a deal to work for Fox Channel. Later on, TheStreet.com and Cramer settled a lawsuit with this channel. Jim has also formed his charitable trust named Action Alerts Plus.

Jim Cramer’s Total Net Worth

Jim’s total net worth amounts to $110 million as of 2020. As an expert in speculation and investment management, Cramer planned his overall success by putting his talents in multiple streams and generated a rich empire with his hard work and diligence. Jim’s calculative approach yielded an annual revenue of $10 million for his hedge company for 14 years and proved to the world that he is the master in the field of the stock market.

Working with several media companies, Jim also worked as a host of radio show Jim Cramer’s Real Money in 2006 which set off Mad Money. Having proved his worth by working as an anchor, advisor, commentator, writer, and entrepreneur, Jim has been recognized as one of 200 candidates in Times 100 in 2009.

Last modified: November 3, 2020