Jim Cramer is a TV personality that has hosted CNBC’s show ‘Mad Money.’ He is a hedge fund personnel charged with the management and an author. Jim has appeared in several shows and has been among founders of TheStreet, Inc. He has been very active in philanthropy and is Action Alert Plus’s Founder. He graduated with a degree in law and had used his time to invest in the stock market. Keep on reading to learn more on the net worth of Jim Cramer in 2018.
Early Life & Biography
Jim Cramer is a son to N. Ken and Louise Cramer, and he was conceived in the Pennsylvania, Philadelphia in the year 1955 on February 10th. When he was a child and growing up, he used to sell ice creams during the Philadelphia Phillies Games. He later finished schooling at the Springfield Township High School from the Harvard University.
The first wife of Jim Cramer is Karen Backfish, and the couple got to be blessed with two daughters. Their marriage hit rock bottom in the year 2009, and he married Lisa Detwiler in the year 2015. His current wife works as a real estate broker, and also his ex-wife works in a hedge fund company.
Cramer is the founder of a trust that is named ‘Action Alerts PLUS’ and had a lawsuit with Fox News Channel that was later settled in 2000. He got to be involved in the market manipulation and was in the United States of America Securities and Exchange Commission’s subpoena.
Career, Awards & Nominations
Jim Cramer has done several entry jobs in the beginning. Cramer began writing for the Los Angeles Herald Examiner and later worked for Jerry Brown under Alan Dershowitz. He got to be employed with American Lawyer where he worked as a reporter. For the fact that he never paid his license fee and hence it was suspended from 1985 to the year 2009.
He has invested heavily in the stock market since he was a student at the law school. It is estimated that he received $500,000 from the Martin Peretz and two years later he generated a profit that was valued at $150,000. In the year 1984, he worked as a stockbroker for a Private Wealth Management of Goldman Sachs.
Later on, Cramer & Co. that is a hedge fund. He got to be associated with the fun in 1988-2000. Together with Peretz and he formed The Street Inc. in the year 1996. He serves as a market commentator and the advisor of the company. He hosted a very popular show that was titled ‘Mad Money with Jim Cramer.’
He was also a host of the show ‘America Now’ and ‘Kudlow & Cramer’. He has hosted a radio show by the name ‘Jim Cramer Real Money’ and was a host of ‘Imus in the Morning.’ He has made several appearances in multiple television shows such as ‘The Martha Stewart Show’ and the Wall Street.
Net Worth & Earnings
The Jim Cramer net worth is estimated to be over $110 million. This wealth has been as a result of a very successful television hosting career. He has created companies, and he serves as part of the management. He has appeared in both radios as well as television shows that have done very well.
Jim Cramer is a renowned television personality in the world that has made the world a better place via the various television and films that he has acted in. Jim has also written several books that have done very well and increased his net worth.