Jim Cramer’s net worth 2023: Jim Cramer is an American television personality and author. Curious to learn more about Jim Cramer? Read on as we take you through Jim Cramer’s biography, age, height, family, house, personal life, education, income, salary, earnings, and net worth. You’ll also learn how Jim Cramer made his fortune as a bonus.
Biography and Net Worth of Jim Cramer
| Full Name | James Joseph Cramer |
| Date of Birth | February 10, 1955 |
| Age | 68 Years |
| Profession | Television Personality and Author |
| Height | 5 ft 6 in (1.68 m) |
| Nationality | American |
| Source of Wealth | Diversified |
| Annual Salary | $5 Million |
| Net Worth | $150 Million |
| Last Updated | October 2023 |
Jim Cramer is an American television personality and author with an estimated net worth of $150 million. Cramer is best known as the host of Mad Money on CNBC and an anchor of Squawk on the Street. Cramer also worked as a hedge fund manager, founder, and senior partner of Cramer Berkowitz.
Furthermore, Cramer is the author of several books and the co-founder of TheStreet.com. Jim Cramer has made quite a fortune over the course of his career. Read on as we explore Jim Cramer’s income, salary, earnings, and net worth.
Early Life: Age, Parents, Siblings & Ethnicity
James Joseph Cramer was born on February 10, 1955, in Wyndmoor, Pennsylvania, United States. His father, N. Ken Cramer owned International Packaging Products, a company that sold wrapping paper, boxes and bags and his mother, Louise A. Cramer was an artist.
James has a sister named Nan Cramer Mason.
Education
Jim Cramer attended Springfield Township High School in Montgomery County, Pennsylvania. Thereafter, he enrolled at Harvard College, where he earned his Bachelor of Arts degree in government, graduating manga cum laude in 1977.
In 1984, Cramer graduated with a Juris Doctor degree from Harvard Law School.
Career
Jim Cramer started his career in sales and trading at New York investment bank Goldman Sachs, in 1984. In 1985, he was admitted to the New York State Bar but did not practice.
In 1987, Cramer left Goldman Sachs and started a hedge fund, Cramer & Co. (later Cramer, Berkowitz & Co.). He retired from managing the hedge fund, in 2001 which was taken over by his former partner, Jeff Berkowitz.
Thereafter, he became an “editor at large” for SmartMoney magazine. Jim Cramer and Peretz launched TheStreet.com, a financial news and investment website, in 1996. They sold the website to TheMaven for $16.5 million, in August 2019.
From 2002 to 2005, Cramer and Larry Kudlow co-hosted the show, Kudlow & Cramer. He also began hosting Mad Money with Jim Cramer on CNBC in 2005.
Cramer has also made appearances on several other television shows including, Today, NBC Nightly News, Cheap Seats, The Tonight Show with Jay Leno, Late Night with Conan O’Brien, Jimmy Kimmel Live!, Live with Regis and KellyI.
As an author, Jim Cramer has written and published several books. Among his publications include “Confessions of a Street Addict” (2002), “You Got Screwed! Why Wall Street Tanked and How You Can Prosper” (2002), “Jim Cramer’s Real Money: Sane Investing in an Insane World” (2005), “Jim Cramer’s Stay Mad for Life: Get Rich, Stay Rich (Make Your Kids Even Richer)” (2007), “Jim Cramer’s Getting Back to Even” (2009), “Jim Cramer’s Get Rich Carefully” (2013).
Personal Life: Wife & Children
Jim Cramer is married to Lisa Cadette Detwiller, a real-estate broker, and general manager of The Longshoreman, an Italian bistro/restaurant in the borough of Brooklyn, NYC. Cramer has a stepdaughter, Charlotte with his wife, Lisa.
Previously, Cramer was married to Karen Backfisch, from 1988 to 2009. Together, they have two children, Olufsen — Emma and Cece Cramer.
Social Media Profile: Instagram, Twitter, Facebook & TikTok
Jim Cramer has an impressive number of fans on his social media pages where he shares a bit of his personal life and work-related stuff. Jim Cramer has over 80,000 Instagram followers. Cramer has over 1.8 million Twitter followers. On Facebook, Jim Cramer has over 176,000 followers.
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Jim Cramer Net Worth, Salary and Earnings 2023
As of October 2023, Jim Cramer has an estimated net worth of $150 million. Cramer earns his wealth from his television personality and investing career.
Jim Cramer has an annual salary of $5 million for his role at CNBC. He also earns a significant amount from book royalties and advances.
Jim Cramer’s House
Cramer has an impressive real estate portfolio. In 1999, Cramer and his ex-wife Karen paid $2.375 million for a home in Summit, New Jersey. As part of their divorce settlement, he sold the house to Karen for $1, for which Karen sold the house for $3.675 million in April 2019.
In 2008, Cramer bought a new home in Summit, New Jersey, for $4.7 million. Cramer also owns a 65-acre estate elsewhere in New Jersey.
Summary
Jim Cramer is an American television personality and author with an estimated net worth of $150 million. Cramer is best known as the host of Mad Money on CNBC and an anchor of Squawk on the Street. Cramer also worked as a hedge fund manager, founder, and senior partner of Cramer Berkowitz.
