What is 'Mad Money' Host Jim Cramer's Net Worth?
| Name | Jim Cramer |
| Net Worth | $150 Million |
| Salary | $5 Million |
| Annual Income | $12 million |
| Gender | Male |
| DOB | February 10, 1955 |
| Age | 68 |
| Nationality | American |
| Profession | TV Personality, Stock Market Analyst |
| Sources of Income | Television shows, books, speaking engagements |
Jim Cramer, an American television personality, best-selling author, and former hedge fund manager, has carved a unique niche for himself in the financial world. With an estimated net worth of $150 million, Cramer's financial journey has been nothing short of remarkable. Born on February 10, 1955, in Wyndmoor, Pennsylvania, to a Jewish family, Cramer's rise to fame and fortune is a tale of ambition, innovation, and determination.
What are Jim Cramer's sources of income?
Cramer's financial empire rests on multiple sources of income. His primary claim to fame is his role as the charismatic host of CNBC's "Mad Money." This platform has not only showcased his financial insights but has also become a major source of income. In addition, Jim Cramer is the co-founder and chairman of TheStreet.com, a financial news and financial literacy website that he launched in partnership with Martin Peretz in 1996. While Cramer's net worth soared during the dot-com bubble, it took a hit after the crash, yet he continued to build his wealth through various avenues.
Salary
Jim Cramer's annual salary from his work on CNBC's "Mad Money" is a staggering $5 million. This substantial income reflects his influential position as a financial expert and his ability to engage audiences with his energetic and candid approach.
Business ventures
Jim Cramer's financial ventures extend beyond television and endorsements. He ran the hedge fund Cramer Berkowitz from 1987 to 2001, managing assets worth $450 million at its peak. The fund boasted an impressive average annual return of 24%. Despite facing challenges, Cramer's expertise in managing investments proved lucrative. Cramer has written several books, including "Confessions of a Street Addict" (2002) and "Jim Cramer's Get Rich Carefully" (2013).
Jim Cramer's assets
Cramer's diversified investments include a variety of real estate holdings. Notably, he owns properties such as the DeBary Inn in Summit, New Jersey, and the Bar San Miguel in Carroll Gardens, Brooklyn, which he co-owns with his wife, Lisa Cadette Detwiler. His real estate portfolio, combined with his other assets, contributes significantly to his net worth.
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Jim Cramer's earnings
| 2020 | $5 Million |
| 2019 | $8 Million |
| 2018 | $7 Million |
| 2017 | $6.5 Million |
Jim Cramer's Social Media following
| 95.3K followers | |
| 177K followers | |
| 2 million followers |
Personal life
Beyond his financial success, Cramer's personal life reveals his multifaceted personality. He was married to Karen Backfisch from 1988 to 2009, with whom he has two children. His second marriage, to Lisa Cadette Detwiler, took place in April 2015. Cramer's passion for the Philadelphia Eagles NFL team is well-known, as he has been a season ticket holder for over two decades.
FAQs
What is Jim Cramer's primary source of income?
Jim Cramer's primary source of income comes from his role as the host of CNBC's "Mad Money".
How did Jim Cramer build his wealth?
Jim Cramer's wealth was built through various means, including his hedge fund management, his role as a television personality, endorsement deals, and real estate investments.
What are Jim Cramer's other business ventures?
Jim Cramer's ventures include co-founding TheStreet.com, hosting successful financial shows, and writing several best-selling books on investing and finance.