Synopsis about Jim Cramer
| Jim Cramer Net Worth | Age (As of 2024) | Wife | Profession |
|---|---|---|---|
| $200 Million | 69 Years | Lisa Cadette Detwiler (Married: 2015) | Television Personality, Arthur, Entertainer |
Jim Cramer
Jim Cramer stands out as a well-known American TV personality, recognized for his lively and engaging hosting role on CNBC’s Mad Money show. After a thriving career in hedge fund management, he played a key role in establishing the financial news website TheStreet.com. Known for his remarkable talent in selecting stocks, candid opinions, and best-selling books, this Wall Street expert provides everyday investors with valuable insights on wealth accumulation. He maintains his position as one of the most impactful voices in the realm of finance.
Jim Cramer net worth in 2024 has been estimated to reach $224 million by the end of the year and her present net worth is approximately $200 million USD.ย
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To know more about theTelevision personality and former hedge fund manager, Jim Cramer, explore the information given below.
Jim Cramer: An In-Depth Profile
Bio
| Full Name | James Joseph Cramer |
| Nickname | Jim Cramer |
| Profession | Television Personality, Arthur, Entertainer, Former hedge Fund Manager |
Jim Cramer: Net Worth
| Net Worth in 2024(Estimated to reach by the end of the year) | $224 million |
| Net Worth (Present) | $200 million |
| Source of Income | CNBC Salary, Book Royalties |
Career Overview
| Jim Cramer is a well-known television personality, a former manager of hedge funds, and a bestselling author. He serves as the host of CNBC’s popular show, Mad Money, and is one of the co-founders of TheStreet.com. Cramer has authored multiple books offering valuable advice to investors regarding stocks and financial markets. Prior to this, he managed his own hedge fund, Cramer Berkowitz, from 1987 to 2001. Cramer is widely recognized for his dynamic and outgoing persona, as well as his extensive expertise in the stock market, as demonstrated on his television program, Mad Money. | |
| Debut | Finance reporting (1980s) |
| Notable Works/Projects | Host of โMad Moneyโ on CNBC (Since 2005) Co-founder of The Street.com (1996) Former hedge fund manager at Cramer Berkowitz (1987-2000) Author of several investment books |
| Awards and Recognitions | First host to use โBooyah!โ as a catchphrase on CNBCBecame known for his passionate and energetic on-air personaFeatured in movies like โIron Manโ and โWall Street: Money Never Sleepsโ |
Physical Stats
| Height | 5′ 6″ (1.67 m) |
| Weight | 170 Pounds (80 kg) |
| Eye Color | Dark Brown |
| Hair Color | Bald |
Personal Information
| Age | 69 Years Old (As of 2024) |
| Nationality | American |
| Religious Belief | Jewish |
| Date of Birth | February 10, 1955 |
| Zodiac Sign | Aquarius |
| Birthplace | Wyndmoor, Pennsylvania, U.S. |
| Education Background | Springfield Township high School (1973) |
| Education Qualification | Bachelor of Arts and Juris Doctor from Harvard University (1977) |
Family Background
| Father | N.Ken Cramer (1922-2014) |
| Mother | Louise A. Cramer (1928-1985) |
| Siblings | Not Known |
Personal Life
#nightfever pic.twitter.com/PAifeJISQN
— Lisa Detwiler (@lcadette65) April 22, 2018
| Marital Status | Married |
| Wife | Lisa Cadette Detwiler (Married: 2015) |
| Ex-Wife | Karen Backfisch (Married: 1988 – Divorced: 2009) |
| Children | Cece Cramer Emma Cramer |
Social Media Profiles
| @jimcramer | |
| Wikipedia | Jim Cramer |
| @jimcramer | |
| Jim Cramer |
| Active Years | 1980s to Present |
| Last Updated | 1st February; 2024 |
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Intriguing Facts about Jim Cramer
- Managing his own hedge fund – Cramer Berkowitz
Jim Cramer established his own hedge fund named Cramer Berkowitz in 1987.
During his 14-year tenure as its manager, he achieved an impressive average annual return of 24% after accounting for fees.
In 2001, SmartMoney magazine ranked him as the top-performing hedge fund manager.
- Transitioning into a TV personality
Cramer began making appearances on CNBC as a stock analyst in the mid-1990s.
He co-hosted the CNBC show Kudlow & Cramer from 2002 to 2004.
Since 2005, he has been hosting Mad Money on CNBC, where he provides investment advice.
- Founding TheStreet financial media company
In 1996, Cramer was one of the co-founders of TheStreet.com, where he also served as chairman.
This company specializes in delivering financial news, analysis, advice, and stock market data.
- Criticism of his stock-picking abilities
Jim Cramer has faced criticism regarding the performance of his stock picks on Mad Money.
Some have argued that his selections underperformed the market averages.
In 2007, he publicly admitted to providing false information about his hedge fund’s returns, falsely claiming a profit of $2.5 million in 1998 when it had actually incurred losses. Cramer described it as a “very stupid thing” and issued an apology.
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FAQs
Who is Jim Cramer?ย
A former hedge fund manager turned TV personality, financial analyst and founder of TheStreet.com.
What show does Jim Cramer host on CNBC?ย
Jim Cramer hosts Mad Money, where he provides stock picks and investing advice.
How long has Cramer hosted Mad Money?ย
Mad Money first aired in 2005, so Cramer has hosted it for over 15 years.
Did Jim Cramer run his own hedge fund?ย
Yes, Cramer founded and ran Cramer Berkowitz from 1987 to 2001 with impressive returns.
Where did Jim Cramer go to college?ย
He completed his undergraduate degree at Harvard College and also went to Harvard Law.
What is TheStreet media company?ย
A financial media company that provides advice, tools, and data to investors, which Cramer co-founded.
Has Jim Cramer been involved in any controversies?ย
Some criticism over his stock picksโ performance and he once falsely stated his hedge fund’s returns.
Is Cramer actually successful at picking stocks?
ย Studies show mixed results – some picks do very well but overall returns tend to underperform.
What was Jim Cramer’s career before media?
ย He worked at Goldman Sachs briefly after college then ran his hedge fund Cramer Berkowitz.
How old is Jim Cramer?
ย Jim Cramer was born in 1955 in Pennsylvania, making him currently 68 years old.
