Jim Cramer Biography

Biography by Published on Updated on 26 Nov, 2017
Facts of Jim Cramer
Date of Birth: 1955 , February-10
Age: 63 years old
Height: 5 feet 5 inch
Name Jim Cramer
Birth Name James J.Cramer
Nick Name "Jim"
Nationality American
Birth Place/City Wyndmoor
Ethnicity White
Profession Television personality, author
Working For CNBC’s Mad Money
Net Worth $ 100 million
Salary $3.5 million
Famous for "Mad Money w/ Jim
Married Yes
Married to Lisa Cadette Detwiler (m. 2015), Karen Backfisch-Olufsen (m. 1988)
Children Cece Cramer, Emma Cramer
Divorce Karen Backfisch-Olufsen ( D 2009)
Education Harvard College with a B.A. in government
Books Jim Cramer's Get Rich Carefully, More
View more / View Less Facts of Jim Cramer

Synopsis

Sixty-two years old Jim Cramer is the Television personality. He is the former hedge fund manager, and best- selling author. And he is the host of CNBC’s Mad Money and a co-founder of TheStreet, Inc.

He is best known for portraying in, "Mad Money w/ Jim Cramer (2005), Mad Money (2008) and Today (1952)".

Early Life and Education

Jim Cramer was born on February 10, 1955, in Wyndmoor, Pennsylvania, US. He was born to Jewish parents, and his ethnicity is white.

Jim spent most of his childhood in a Summit, New Jersey. He is the son of Louise A. Cramer, an artist, and Ken Cramer, owner of international packaging products in Philadelphia.

During his childhood, Jim Cramer attended Springfield Township High School. He started his career in journalism in college, where he was the President and Editor chief of The Harvard Crimson.

After that, Jim moved Harvard College for graduating. In 1977, he completed his graduation from Harvard College with a B.A in government and received his JDoctorateorate from Harvard Law School in 1984.

Career

Jim Cramer began in several entry-level reporting jobs. On March 1, 1978, he started to work for the Tallahassee Democrat in Florida where he covered the Ted Bundy Murders.

After working at a law firm, he got a job as a stockbroker in what was then the Securities Sales Department of Goldman Sachs, where he served for three years.

After leaving Goldman Sachs, CNBC appointed him to present ‘Mad Money,'. He is famous for as the host of this show which he has been presenting since 2005. He provides stock and investing advice on the show and also takes calls from viewers regarding the stocks.

Cramer hosted a radio show, ‘ Jim Cramer’s Real Money’ similar to the show ‘Mad Money.' The show ran till 2006. And he also authored several books on the finance including ‘Jim Cramer’s Getting Back to Even’ and ‘Jim Cramer’s Mad Money: Watch TV, Get Rich.'

Personal Life

Cramer is married and has children. He is married to  Lisa Cadette Detwiler since 2015. 

He previously married to Karen Backfisch-Olufsen in 1988. However, living together for several years their relationship started to turn bad.

Thus the couple finally got the divorce in 2009 without sighting any reason behind the separation. The couple has two beautiful daughters together and they are Cece Cramer and Emma Cramer. 

Net worth

Jim Cramer's current net worth is $100 million. He is also the owner of 10% share of TheStreet Inc. He earned about $450 thousand in 2009 from the company. CNBC pays a huge salary of $3.5 million annually to Jim. 

Jim even receives a huge amount from The Street at current. It pays around $2.5 million a year and $300 thousand more for licensing. 

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