Meet the famous American TV personality, Jim Cramer

Publish date: 2024-05-06

James Joseph Cramer (born February 10, 1955) is a television host, author, and former hedge fund manager from the United States. He is the host of CNBC’s Mad Money and an anchor for Squawk on the Street. After graduating from Harvard College and Harvard Law School, he worked for Goldman Sachs before becoming a hedge fund manager, Cramer Berkowitz’s founder and senior partner.[2] He was a co-founder of TheStreet, for which he published from 1996 until 2021. From 2002 through 2005, Cramer hosted Kudlow & Cramer. CNBC’s Mad Money with Jim Cramer debuted in 2005. Cramer is the author of many books, including Confessions of a Street Addict (2002), Real Money: Sane Investing in an Insane World (2005), and Mad Money: Watch TV and Get Rich (2006).

Who is Jim Cramer?

Cramer was born in 1955 in Wyndmoor, Pennsylvania (a Philadelphia suburb) to Jewish parents. Louise A. Cramer (1928-1985), Cramer’s mother, was an artist. N. Ken Cramer (1922-2014) was the owner of International Packaging Products, a Philadelphia-based company that marketed wrapping paper, boxes, and bags to stores and restaurants.

Cramer and his family relocated to Springfield Township, where he graduated from Springfield Township High School in Montgomery County, Pennsylvania, in 1973. He was a member of his high school’s track squad.

Cramer’s first job was selling Coca-Cola and then ice cream at Veterans Stadium during Philadelphia Phillies games, beginning in 1971.

Cramer began studying stocks in fourth grade and continued through high school.

How old is Jim Cramer?

Cramer was born in 1955, and hence, will be 68 as of 2023.

What is Jim Cramer’s net worth?

Jim Cramer’s net worth exceeds $150 million.

Jim Cramer is a best-selling author and former hedge fund manager from the United States. Jim is one of the co-founders of TheStreet.com.

What is Jim Cramer’s height and weight?

Cramer stands at a height of 168 cm tall and weighs (176 lbs) 80 kg

.

What is Jim Cramer’s Nationality and Ethnicity?

The famous TV personality holds American citizenship and belongs to the white ethnicity.

What is Jim Cramer’s profession?

Jim’s first position in the financial world was at Cramer & Co., the firm he formed after leaving Goldman Sachs. Cramer managed the hedge fund, which had $450 million in assets, from 1987 to 2001. Cramer’s company would earn an average of 24%. It was a great success for him when it went public in 1999, at the height of the Internet boom. The company’s worth would soar to $1.7 billion shortly after the IPO. During this period, Jim Cramer owned a $225 million interest in the company. As a result, when the dot-com bubble burst, Cramer lost a major amount of his fortune. Jim Cramer’s net worth is still estimated to be $150 million.

Cramer was also the Editor-at-Large for SmartMoney magazine. A $2 million profit from stock advice he made to his subscribers sparked outrage and prompted ethical questions.

Jim Cramer would later appear as a pundit on CNBC programming in the late 1990s and early 2000s. It all started with “Kudlow & Cramer” in 2002, and in 2005 he established “Mad Money with Jim Cramer,” his current show on CNBC. Jim Cramer’s annual pay on Mad Money is $5 million.

How did Jim Cramer become a millionaire?

Jim Cramer became a millionaire through his expertise in investing. Cramer & Co., his hedge fund firm, was founded in 1987 and operated until 2000. During his tenure, the corporation had $450 million in assets, and the fund returned an average of 24%.

What happened to Mad Money?

Mad Money relocated to the New York Stock Exchange on July 18, 2022, where an entirely new set debuted.

When did Jim Cramer get rich?

He became rich in 1978 when he founded Cramer & Co. hedge fund firm.

Jim Cramer’s wife and children

Cramer was married to Karen Backfisch from 1988 to 2009, and they had two children. Cramer married Lisa Cadette Detwiler, a real estate broker and general manager of The Longshoreman, an Italian bistro/restaurant in the New York City borough of Brooklyn, on April 18, 2015. Cramer resides in Summit, New Jersey. He also has a 65-acre estate in the New Jersey countryside and a holiday home on Long Island in Quogue, New York.

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