CNBC’s Mad Money is hosted by James Joseph Cramer, an American television personality. He is an author and co-founder of TheStreet.com, as well as a former hedge fund manager. He grew up in the North Philadelphia neighborhood. Jim Cramer had a long and successful career in business and finance before turning to television. Come learn how Cramer amassed his millions of dollars. What is Jim Cramer net worth at present?
What is TheStreet.com co-founder Jim Cramer net worth?
According to Money, Inc.12, Jim Cramer net worth is estimated to be $150 million. His success as a hedge fund manager contributed the majority of his net fortune, but he did not stop there. Cramer increased his net worth through a diversified strategy of numerous income streams, drawing on his skills as a hedge fund manager.
His net worth has risen as a result of his ownership of TheStreet.com’s market cap and cash flow, as well as his recognition and success as the host of “Mad Money.” Cramer’s considerable influence in the investment finance world has been maintained via “Mad Money.” He is a well-known source of stock market guidance.
How much does he earn as a monthly salary income?
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.
From 1987 through 2001, Cramer was the CEO of Cramer Berkowitz, a hedge fund. The fund had $450 million in assets under management at its height. It yielded a 24 percent annual return on average. Cramer told BusinessWeek in 2005 that his net worth was between $50 and $100 million.
Cramer assets: How much does he spend on his new house?
Jim and Karen bought a 100-year-old mansion on 1.33 acres in Summit, New Jersey, for $2.375 million in 1999. Cramer sold the house to Karen for $1 as part of their divorce settlement. Karen sold the residence for $3.675 million in April 2019.
Jim paid $4.7 million for a property in Summit, New Jersey, in 2008. In addition, he has a 65-acre estate in New Jersey.
Jim Cramer wife and their profession
Cramer is married to Lisa Cadette Detwiler at the moment. Lisa is the general manager of The Longshoreman and a real estate broker. On April 18, 2015, the couple married in Brooklyn, New York, United States. Cramer was previously married to Karen Backfisch-Olufsen in 1988, and the couple divorced in 2009.
Cramer and Karen were fortunate enough to have two children. Cramer and Lisa have yet to have a child together. This information will, however, be updated as soon as it becomes available. Cramer and Karen are Summit, New Jersey residents.
Career and awards in his career
Jim began his career as an entry-level reporter after graduating from Harvard, earning roughly $15,000 per year. He collaborated with Tallahassee Democrats and was one of the first reporters to cover the Ted Bundy case. While Jerry Brown was governor of California, Jim Cramer worked for the governor’s office. Jim was also one of American Lawyer’s original few correspondents. Jim was a hedge fund manager in the past, as well as the author and co-founder of TheStreet.com.
The American Brain Foundation has given Jim Cramer the Ambassador Award for his efforts to raise awareness of migraine, a brain illness that affects millions of people around the world.
Quick facts about Jim Cramer
|Full Real Name||James Joseph Cramer|
|Birthday||February 10, 1955|
|Age (as of 2021)||66 years|
|Place of Birth||Wyndmoor, Pennsylvania, U.S.|
|Profession||Television personality, author|
|Net worth||$150 million|
|Spouse/Girlfriend||Karen Backfisch(m. 1988–2009)Lisa Cadette Detwiler(m. 2015)|
|Parents||Ken Kramer, Louise A. Cramer|
|School/College||Harvard University, Harvard Law School, Harvard College|