Jim Cramer is an American television personality, author, entertainer, and former hedge fund manager. He is best known as the host of the CNBC show Mad Money. Cramer’s net worth is estimated to be $150 million as of 2023.
Jim Cramer Net Worth Summary
| Category: | Richest Business › Wall Street |
|---|---|
| Net Worth: | $150 Million |
| Salary: | $5 Million |
| Date of Birth: | Feb 10, 1955 (68 years old) |
| Place of Birth: | Wyndmoor |
| Gender: | Male |
| Height: | 5 ft 5 in (1.6764 m) |
| Profession: | Journalist, Businessperson, Presenter, Lawyer, Commentator, Investor, Author, TV Personality, Actor |
| Nationality: | United States of America |
Early Life and Career
Cramer was born in Wyndmoor, Pennsylvania, in 1955. He graduated from Harvard College and Harvard Law School. After law school, Cramer worked for Goldman Sachs as a stockbroker. In 1987, he co-founded the hedge fund Cramer Berkowitz.
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Hedge Fund Success
Cramer’s hedge fund was very successful, generating average annual returns of 24% over its 14 years of operation. Cramer himself became a millionaire at the age of 28. He left the hedge fund in 2001 to pursue a career in media.
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Media Career
Cramer began his media career in 1996 when he co-founded TheStreet, a financial news and information website. He also began writing a column for The New York Times. In 2005, Cramer joined CNBC as the host of Mad Money.
Mad Money
Mad Money is a daily stock market show that features Cramer’s analysis of the market and his investment picks. The show is very popular among investors, and Cramer has become one of the most influential voices in the financial media.
Other Income Streams
In addition to his work at CNBC, Cramer also has a number of other income streams. He is the author of several books, including Confessions of a Street Addict and Jim Cramer’s Real Money. He also has a syndicated radio show and a subscription newsletter.
Conclusion
Jim Cramer is a successful hedge fund manager, television personality, author, and entertainer. His net worth is estimated to be $150 million as of 2023. Cramer is best known as the host of the CNBC show Mad Money, where he gives investment advice to viewers.
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