James Joseph Kramer, better known as Jim Kramer, is an American television personality and host of the popular CNBC show Mad Money. He is also a retired hedge fund manager. As of 2021, Jim Kramer's net worth is estimated to be around $150 million.
| Full Name | James Joseph Cramer |
| Birth Date | February 10, 1955 |
| Birth Place | Wyndmoor, Pennsylvania |
| Profession | Television Personality and Host |
| Relationship Status | Married |
| Net Worth | $150 million |
Early Life
Kramer was born on February 10, 1955, in Windmoor, Pennsylvania. He attended high school in the city of Springfield. He started studying stocks when he was only in fourth grade. He later entered Harvard College, where he earned a Bachelor of Arts in 1977. There he was president and editor of The Harvard Crimson.
Jim Kramer’s net worth and career
Check out this post on Instagram
He first worked as a journalist. He later went to work for the Tallahassee Democrat and then worked for the Los Angeles Herald Examiner. He also survived a terrible accident in which he was robbed and forced to live in his car for 9 months. Kramer later worked as a reporter for American Lawyer and also worked for Jerry Brown, the Governor of California.
In 1984, after working for several years, Cramer decided to pursue a J.D. from Harvard Law School. During this time, she invested and traded in the stock market. He made enough money in the stock market to pay for his college education. Around this time he began investing and exchanging money with others.
Cramer started working as a stockbroker at Goldman Sachs, but left the company after three years. He decided to start his own hedge fund, where he would be a resounding success.
According to Cramer, the hedge fund averaged a 24% return each year during the fund’s 14 years of operation. In 2001, Kramer pulled out of the hedge fund and sold it to his partner.
Since then, Kramer has made a name for himself as the host of Mad Money with Jim Kramer, which aired in 2005. Previously, he was a co-host of Kudlow & Cramer and a guest commentator on CNBC for three years. “Mad Money” became a huge hit after Cramer promoted self-investment for 15 years.
Personal Life
Kramer married Karen Backfish in 1988, with whom he has two children. However, in 2009 they divorced. Kramer then marries Lisa Cadett Detweiler, who works as a real estate agent, in 2015. He is a huge fan of the Philadelphia Eagles and visits them often.
Jim Cramer net worth
As of 2021, Jim Kramer’s personal fortune is estimated to be around $150 million. Much of his wealth comes from the money he earned managing his hedge fund. Since then, he has continued to invest his own money and advise others on how to invest in the market.
