Jim Cramer Net Worth

Jim Cramer’s Net Worth: $ 100 Million

James J. Carmer is very contagious. He uses each and every ounce to entertain and educate his audience. Jim Cramer is an American television personality, former hedge fund manager, finance expert and best-selling author who has an estimated worth of $ 100 million. Jim is the host of the finance television program ‘Mad Money’. This program broadcasts on CNBC. He earns a good amount from the show that also helps him to keep consistent his net worth. He is also the co-founder and chairman of TheStreet.com, Inc. He is also the author of several books on finance.

Cramer’s Early Life and Education

Cramer was born on February 10, 1955. Cramer was born to Jewish parents. Cramer went to Springfield Township High School in Montgomery County. He attended Harvard College and graduated magna cum laude with a B.A. He had interest in journalism and worked for ‘The Harvard Crimson’ gradually rising to become its president. He lives in Summit, New Jersey.

Cramer’s Career

After graduation from Harvard, he worked at a number of entry-level reporting jobs. Cramer worked for the ‘Tallahassee Democrat’ in Florida. He covered high-profile serial murder stories—the Ted Bundy killings—for which he received considerable attention. He also worked for the ‘Los Angeles Herald-Examiner’ as a journalist. He also worked for Governor Jerry Brown. He was one of the first reporters at American Lawyer. He was attending at Harvard Law School to pursue a degree in law, Cramer worked as a research assistant for Alan Dershowitz. He graduated in 1984. During his time at law school, Cramer started investing in the stock market. Cramer also helped, the owner of ‘The New Republic’, Martin Peretz, acquire a huge profit on his stock investments. He was offered a job as a stockbroker with Securities Sales Department of Goldman Sachs division.  He held the position for three years. In 1996 Cramer co-founded TheStreet, Inc. [formerly TheStreet.com, Inc.]  with The New Republic editor Martin Peretz. The website provides financial news and services. Cramer was the chairman of the board of TheStreet.com, Inc. Cramer aired the cable television program Mad Money with Jim Cramer in 2005. The program focuses on financial investments and speculations in publicly traded stocks. He also hosted a one-hour radio show, Jim Cramer's Real Money, till December 2006 which was similar to his television show ‘Mad Money’. On November 13, 2005, he appeared on an interview with Dan Rather on ’60 Minutes’, in which he discussed the professional as well as the personal aspects of his life. Many financial books including ‘Jim Cramer’s Getting Back to Even’ and ‘Jim Cramer’s Mad Money: Watch TV, Get Rich’ are authored by Cramer.

Cramer’s Personal Life

Cramer met Karen Backfisch a trader working with Michael Steinhardt’s hedge fund. He married Karen on On April 18, 2015, in Brooklyn, New York. They had two daughters. They divorced in 2009. He also received negative publicity for his comments on President Obama’s spending plans since he has been accused of market manipulation and fraud.