Jim Cramer Net Worth: How Rich is the Host of Mad Money?

James Joseph Cramer, commonly known as Jim Cramer, is an American television personality and the host of the renowned CNBC show Mad Money. He has also worked as a hedge fund manager in the past. Jim Cramer’s net worth is expected to be approximately $150 million in 2022.

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

Cramer was born in the city of Wyndmoor, Pennsylvania on February 10, 1955. He attended Springfield Township High School. Cramer began studying stocks while he was only in fourth grade. He then attended Harvard College, where he earned a Bachelor of Arts in Government in 1977. He was the President and Editor of The Harvard Crimson throughout his stay there.

Jim Cramer Net Worth and Career

He began his career as a reporter. Then he went to work for the Tallahassee Democrat, and subsequently for the Los Angeles Herald Examiner. He also had a harrowing episode at the time when he was robbed and forced to live in his car for 9 months. Cramer then worked as a reporter for American Lawyer and for California Governor Jerry Brown.

After working for several years, Cramer chose to pursue his JD at Harvard Law School in 1984. At the time, he was investing and trading in the stock market. He gained enough money in the stock market to pay for his tuition. During this period, he also began to invest and exchange money for others.

Cramer would begin working as a stockbroker at Goldman Sachs but would depart after three years. He decided to start his hedge fund, which he anticipated would be a big success.

In Cramer’s 14 years as a fund manager, the hedge fund returned an average of 24 percent every year. Cramer would quit the hedge fund in 2001 and give it up to his partner.

Since then, Cramer has earned a reputation for himself as the host of Mad Money with Jim Cramer, which first aired in 2005. Prior to this, he co-hosted a show named Kudlow & Cramer for three years and was a guest analyst on CNBC. Mad Money has become a huge success after 15 years of Cramer encouraging do-it-yourself investment.

Personal Life

Cramer married Karen Backfisch in 1988, with whom he has two daughters. They did, however, divorce in 2009. In 2015, Cramer married real estate dealer Lisa Cadette Detwiler. He is a major admirer of the Philadelphia Eagles, and he frequently attends games to see them.

Jim Cramer Net Worth

Jim Cramer’s personal wealth is expected to reach over $150 million in 2022. The majority of his riches have come from the money he gained running his hedge fund. Since then, he has continued to invest his money and advise others on how to participate in the market.

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