How Jim Cramer Achieved a Net Worth of $100 Million

Jim Cramer is best known for his televised show on CNBC titled “Mad Money.” He’s an interesting character who has done a variety of things in the financial arena and he’s managed to amass a fortune that is worth over $100 million. This is a large net wealth and some are wondering how he did it. We looked into his past history and career and this is what we discovered.

Net Worth$100 Million
NameJames J. Cramer
Age64
BornWyndmoor, Springfield Township, Pennsylvania
Birth DateFebruary 10, 1955
Source of WealthTelevision Personality, Author
CountryUnited States

His early life

He was born James J. Cramer in February of 1955 in the Philadelphia suburb of Wyndmoor, Pennsylvania. James was born into a Jewish family to Louise A. Cramer an artist and hsi father N. Ken Cramer was the owner of International Packaging products in Philadelphia. The company specialized n the sale of bags, boxes and wrapping paper to restaurants and retailers.

One of Jim’s first jobs was at a Veterans Stadium selling ice cream at local Phillies games. He graduated from high school and then enrolled in Harvard College where he earned a Bachelors degree in government in 1977, graduating magna cum laude. His journalism experience began in college when he became the President and Editor in Chief of the Harvard Crimson. He continued with his education at Harvard Law School where he earned is Juris Doctor degree in 1984.

His career

Cramer started his career in 1978, accepting entry level jobs as a reporter. He was employed with the Tallahassee Democrat in Florida and was one of the reporters who covered the Ted Bundy murders. His superiors noticed that he was highly skilled and he knew how to get the stories that he was after. He also wrote for the Los Angeles Herald Examiner, but living in LA was far from a picnic as he was the victim of multiple home robberies during the time that he lived there. All of his possessions were stolen and he was forced to live in his car for an extended period of time. During his early career, Cramer worked for Governor Jerry Brown.

Other noteworthy assignments

James Cramer was a research assistant for Alan Dershowitz when he was a college student at Harvard Law School. He was fortunate to have the experience of watching Dershowitz’ pursue the campaign to have the infamous Claus Von Bulow acquitted, although Cramer was of the opinion that the man was guilty. He was admitted to the Bar of New York in 1985 with a license to practice law, but this was suspended in 2019 because Cramer failed to pay the required registration fee.

Investments

Cramer began investing money into the stock market when he was still a law school student. He investing funds for others and was successful in helping them put their money to work. He had an impressive track record as an investment broker and he became a stockbroker with Goldman Sachs in 1984. He was so successful that it put him in a position where he was able to establish his own hedge fund and attract investors. He became a multimillionaire in the business but this was just the start of what would become a very long and successful career.

Jim Cramer is the host of CNBC’s “Mad Money” and he o founded “TheStreet,” Inc, and he served as the chairman of the board for the company in 2010 to this day. He’s no longer in the management of hedge funds but he made tens of millions during his time in the business. These days he’s best known as a television personality and entrepreneur. He’s written multiple articles, reported on a variety of big national stories as a reporter and he has also become a best selling author. Syndication of his television show only added to his net wealth as he has pulled in a sizable salary for his contributions as a news and media personality. In addition to this, he has appeared as himself in a few episodes of the television series “Arrested Development,” on “Late Night with Conan O’Brien,” on Jimmy Kimmel Live!,” The Celebrity Apprentice” and on “The Tonight Show with Jay Leon” and “the Late Show with David Letterman.” He also appeared in the motion picture “Iron Man” in 2008.

Jim Cramer is a highly educated entrepreneur and television personality who has done a little bit of everything in his life. He was a wise stock investor and got his start in the stock market and diversified his interests and career from there. He’s made his $100 million fortune through a variety of wise investments and career interests.


Add Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

steven Furtick
How Steven Furtick Achieved a Net Worth of $55 Million
Jeff Lawson
10 Things You didn’t Know About Jeff Lawson
Zoom
How Does Zoom Make Money?
Jeremy Liew
10 Things You Didn’t Know About Jeremy Liew
Man in debt
What Happens When You Receive a Warrant in Debt?
Income Statements
What is a Multi-Step Income Statement?
How Often Should You Monitor Your Checking Account?
Covered Put
What Is A Covered Put?
Wonderness Lodge
The 10 Best Hotels in Hocking Hills, Ohio
The 10 Best Places to Eat Near the Grand Canyon
Kindred Spirits
The 10 Best Restaurants in Hocking Hills, OH
The 20 Best Things To Do At The Grand Canyon
Lexus Car Model 1
Which is the Most Reliable Lexus Car Model?
Fastest Lexus Models
The 10 Fastest Lexus Models of All-Time
Lexus Roadside Assistance Program
An Overview of the Lexus Roadside Assistance Program
Acura
Acura vs Lexus: Who Wins this Car Showdown?
Chopard
What is the Average Price of a Chopard Watch?
How Do You Spot a Chopard Replica Watch?
Chopard Happy Sport Chrono
The Five Best Chopard Happy Sport Watches
Chopard Imperiale Automatic 36 mm Diamond Women's Watch
The Five Best Chopard Imperiale Watches Money Can Buy
Sommer Ray
How Sommer Ray Achieved a Net Worth of $8 Million
Ashley Tisdale
How Ashley Tisdale Achieved a Net Worth of $10 Million
How Paul Wall Achieved a Net Worth of $5 Million
How Elizabeth Olsen Achieved a Net Worth of $11 Million