How Rich Is The TV Personality Jim Cramer? Earnings And Salary
Famous for hosting the CNBC finance television program Mad Money Jim Cramer is an American TV personality. He is also best selling author for books like Confessions of a Street Addict, Jim Cramer’s Mad Money: Watch TV, Get Rich, and Jim Cramer’s Getting Back to Even.
As of April 2020, Jim Cramer has an estimated net worth of $100 million. When he was an entry-level reporter, he used to earn a salary of $15,000 per year.
As per the reports, earn Mad Money employee earns an average salary of $36,257 per year, which ranges from $30,407 (25th percentile) and to $41,121 (75th percentile). On the other hand, top earners of 10% received over $47,105 per year, including base salary, bonus, and equity.
Jim Cramer started his professional journey doing various entry-level reporting jobs immediately after college. After that, he began serving for Los Angeles Herald Examiner.
Jim then worked for Jerry Brown and Alan Dershowitz. Similarly, he served as a reporter with the American Lawyer. From 1985 to 2009, he failed to pay the registration fee, and his law license was cancelled.
Additionally, Cramer worked as a stockbroker for the Рrіvаtе Wеаlth Маnаgеmеnt оf Gоldmаn Ѕасhѕ in 1984. Later, he opened a hedge fund, Сrаmеr & Со. and from 1988 to 2000, he was associated with the fund.
In 1966, Jim, along with Martin Peretz, founded TheStreet, Inc. He took a loan of $500,000 from Martin, and in 2 years, he gained him a profit of $150,000. As of 2020, Cramer workes as a market commentator as well as advisor of the firm.
Again, 65 years old TV personality Cramer hosted the American finance television program, Mad Money. Likewise, he also hosts shows like Кudlоw & Сrаmеr аnd Аmеrіса Nоw.
Moreover, Mad Money star also hosts the radio show Јіm Сrаmеr’ѕ Rеаl Моnеу. Also, he became the guest host on Іmuѕ іn thе Моrnіng.
Besides that, he also appeared in various television shows and movies such as Аrrеѕtеd Dеvеlорmеnt, Тhе Маrthа Ѕtеwаrt Ѕhоw, Squawk on the Street, Deception, Wаll Ѕtrееt: Моnеу Nеvеr Ѕlеерѕ, and Iron Man.
Best Selling Arthur
The versatile TV star Jim Cramer as an author, has published various books: You Got Screwed! Why Wall Street Tanked and How You Can Prosper, Jim Cramer’s Real Money: Sane Investing in an Insane World, Jim Cramer’s Mad Money: Watch TV, Get Rich, and Jim Cramer’s Get Rich Carefully.
Additionally, his other books like Confessions of a Street Addict, Jim Cramer’s Stay Mad for Life: Get Rich, Stay Rich, and Jim Cramer’s Getting Back to Even made his best selling author.
Jim Cramer was born James J. Cramer on February 10, 1955, in Germantown, Pennsylvania, the United States. His father, Ken Kramer, is a film director while his mother is Louise A. Cramer. Similarly, he has a sister Nan Cramer.
Talking about his educational background, Cramer graduated from Harvard University.
Father Of Two Daughters
The best selling author Jim Cramer has been married twice. First of all, he exchanged wedding vows with Karen Backfisch from 1988 to 2009.
He, along with his ex-wife, has two children, Cece Cramer and Emma Cramer. He used to live with his wife and daughter in a house located in Summit, New Jersey and later, in 2010, he sold the mansion to Backfisch after their divorce.
After that, Cramer walked down the aisle with Lisa Cadette Detwiler on April 18, 2015.
His current wife is a real estate broker and general manager of The Longshoreman, a Brooklyn Italian restaurant.