Jim Cramer is a famous television personality known for his show Mad Money on CNBC. In this article, we will discuss Jim Cramer net worth.
Along with that we will also fetch about his real estate business, houses, and car collection and emphasize his popular books.
Table of Contents
Jim Cramer: Quick Facts
|Full Name||James Joseph Cramer|
|Net worth||$150 million|
|Date of birth||10 February 1955|
|Birthplace||Wyndmoor, Pennsylvania, United States|
|Father Name||N. Ken Cramer|
|Mothers’ Name||Louise A. Cramer|
|Height||5 feet 5 inches|
|Eye Color||Dark Brown|
|Hair Color||Dark Brown|
||Hosting Mad Money, the CNBC anchor|
|Profession||Television Personality, Author|
|Partner||Lisa Cadette Detwiler|
|Children’s Name||Cece Cramer and Emma Cramer|
|Social Media Presence||Instagram, Twitter, Facebook,|
|Last update on||January 2023|
Jim Cramer Net Worth
As of 2023, the American television personality has a total net worth of $150 million. A significant amount of money in his net worth comes from his annual salary. He earns a total of $5 million through his contract at CNBC.
Before starting his job at CNBC, Jim Cramer ran a hedge fund with Jeff Berkowitz under the name “Cramer Berkowitz“. Both Jeff and Jim had assets of $450 million under their management unfortunately, the hedge only ran from 1987 to 2001.
Other than this, Jim Cramer has also launched the financial news and financial literacy website under the name “TheStreet.com” which also generated a handsome amount of money for him. The estimated amount was $16.5 million.
Jim Cramer Salary
|Salary in 2023||$5 million|
|Salary in 2022||$2 million|
|Salary in 2021||$1 million|
|Salary in 2020||$910,000|
|Salary in 2019||$850,000|
|Salary in 2018||$800,000|
Jim Cramer Real Estate
As of now, Jim Cramer does not have many real estate assets under his belt. The main reason behind this is he had to sell the houses due to his divorce settlement with his then-wife Karen Backfisch.
In 1999, Jim and Karen paid $2.375 million for a monumental 100+-year-old house on 1.33 acres in Summit, New Jersey. However, the house is owned by someone else as the house was sold by Karen for $3.675 million in April 2019.
Other than that, Jim Cramer also owns a house in Summit, New Jersey which he bought for $4.7 million, and a 65-acre estate elsewhere in New Jersey. This is why Jim Cramer net worth is enormous.
Jim Cramer Books
The American television personality is also a very good writer as he has written and published several books.
Most of the books are about investment strategy and how to get into the real estate business. Also, a big part of Jim Cramer net worth comes from selling books. Some of the notable books are:
- Confessions of a Street Addict (2002)
- You Got Screwed! Why Wall Street Tanked (2002)
- How You Can Prosper (2002)
- Jim Cramer’s Real Money: Sane Investing in an Insane World (2005)
- Jim Cramer’s Stay Mad for Life: Get Rich (2007)
- Stay Rich (Make Your Kids Even Richer (2007)
- Jim Cramer’s Getting Back to Even (2009)
- Jim Cramer’s Get Rich Carefully (2013)
Jim Cramer Cars
Jim Cramer has heavily invested his earnings in various things. Among all the other cars collection is also one of them.
Some of the noticeable car collections under the roof of Jim Cramer are:
- Mercedes-Benz AMG GT
- BMW X8
- Bentley Bentayga
Jim Cramer House
The CNBC tv host currently lives in his 14,000 sq. ft luxurious house located in Downtown, New York. The estimated value of the house is around $16 million.
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The beautiful house comes with seven bedrooms and an eight-bathroom along with an equipped game room. two swimming pools, a home theatre, and more amenities.
Controversies of Jim Cramer
Being a top-tier television personality does not always have fancy a lifestyle and career. He has been involved in a lot of controversies. Some of the highlighted controversies were during the start of his career.
In 2000, Cramer and TheStreet.com settled a lawsuit with Fox News Channel. The main reason behind this lawsuit was breaching of contract as Cramer promoted TheStreet.com stock on its network.
Other than this he has been criticized for stock market manipulations, criticism of the Federal Reserve, abusing the television personality, and so on.
Charity Work Done By Jim Cramer
The notorious host Jim Cramer is a very soft and kind person when things to help the poor and needy people. He has been doing regular charity work and donations here and there.
Recently, Jim Cramer donated $579,148 to the Charitable Trust of CNBC. It was the single largest contribution made to date. Since the launch of the Charitable Trust, he has donated more than $3.8 million as of now.
Not just the financial aspect, he also shares the ideology for managing the portfolio, investment, and trading strategy.
Who is Jim Cramer married to?
Jim Cramer has been married two times during his lifetime. He was married to Karen Backfisch from 1988 to 2009. They were parents to two children Cece Cramer and Emma Cramer. However, for some reason, their marriage didn’t last long.
After that, Jim Cramer married Lisa Cadette Detwiler on 18 April 2015 who is a real estate broker and general manager of The Longshoreman an Italian bistro/restaurant in Brooklyn.
The American TV host is available on almost every platform. However, he is most active on Twitter and known for his antics and criticism over the burning matter.
Instagram: 85.7k followers
Twitter: 1.9M followers
Facebook: 176k followers
LinkedIn: 625.5k follwers
Interesting Facts About Jim Cramer
- Jim Cramer served as editor-in-chief of the student newspaper during his tenure at Harvard University.
- As of 2023, Jim Cramer net worth is $150 million which is surely a heavy amount to have.
- The American Television personality has also written a few books here and there on investment strategy, some of them are: Why Street Tanked and How You Can Prosper.
- The CNBC show host started his journalist career and has covered a series of high-profile murders in Florida.
- He is also a passionate football fan of an NFL team Philidelphia Eagles and has held a season ticket for more than 20 years.
FAQs About Jim Cramer
Where does Jim Cramer net worth stand?
As of 2023, Jim Cramer net worth stands at $150 million.
How much does Jim Cramer make per year?
Jim Cramer makes an annual salary of $5 million on CNBC.
Did Jim Cramer go to Harvard?
Yes, Jim Cramer went to Harvard University and graduated in 1977.
How much does Jim Cramer get paid by CNBC?
He is most known for presenting the CNBC show Jim Cramer’s “Mad Money“. Cramer earns an annual salary of $5 million for his work.