How much is Jim Cramer worth?
| Net Worth: | $100 Million |
|---|---|
| Age: | 63 |
| Country of Origin: | United States of America |
| Date of birth: | February 10 1955 |
| Source of wealth: | Personality |
| Last Updated: | 2021 |
Introduction
Jim Cramer currently works as a television host on CNBC but worked in various fields as well with the major one being finance.
Through his various ventures, today, Jim Cramer net worth is estimated to be at $100 million.
Early life
Jim Cramer was born in Pennsylvania to Jewish parents and attended the Springfield Township High School.
Cramer has a strong educational background, receiving a Bachelors’ degree in government and a degree from Harvard Law School.
He also graduated from Harvard with honors and worked on one of the magazines of the University as well, which helped his journalistic skills come to life.
His interest in finance
Initially, Cramer didn’t know which occupation he should pursue. He began as a journalist and worked at several papers such as the Tallahassee Democrat and American Lawyer. He is known for having worked on the story which dealt with the infamous Ted Bundy, a serial killer.
Though he did well as a journalist and even worked in the field of law for a short spell, he soon turned all his attentions toward finance.
While he was in college, Jim Cramer would invest in the stock market and his investments always paid off. Eventually seeing his success, his friends Peretz, Spitzer, and Brill decided to invest with him which allowed him to open his hedge fund.
This was one of the main sources of his net worth and though he has retired today, he still has shares in the company which has been taken over by his partner.
Along with Peretz, he also founded TheStreet, Inc. which serves as a hub of financial services and news, with Cramer still playing a major role in how it is run.
Though Cramer gained much fame through his hedge fund, as he proved to be intelligent when it comes to the stock market, several controversies also surrounded him throughout his career.
He has often been called out for cheating or using illegal means to ensure he makes money. Furthermore, he even spoke about how many hedge fund managers work unethically and manipulate the market, which was met with criticism.
Owing to this, he has gained a significant amount of negative publicity as well.
Cramer has also been known to criticize Barack Obama’s government, targeting the financial aspect as he felt that they weren’t managing the wealth of the country in the right manner. His words got a response from the government as well.
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Other sources of wealth
Jim Cramer net worth has also seen a further increase since he has been giving his own show on CNBC which is called Mad Money. He speaks about everything related to stocks, trying to teach people the art of buying stocks and has made appearances on other shows many times.
Jim Cramer’s books also speak on the same topic, and his words of wisdom are followed by many, making him a strong personality in the world of finance.
As of this year, Jim Cramer net worth is around $100 million.
