Jim Cramer Net Worth

Jim Cramer Net Worth $100 Million

Most people know him for being the host of Mad Money. Jim Cramer is not only a prolific media personality he is also a bestselling author and a financial guru. Born in 1955, James J. Cramer is a graduate from the Harvard school of Law. He is the former owner and founder of the hedge fund Cramer Berkowitz. 

The fund, with Cramer at the helm, averaged a 24% annual return rate over 14 years. He is credited for being the co-founder of the ‘most’ visited financial media website, thestreet.com. The site is devoted to giving investment advice and stock picking. Jim Cramer is not one to keep his financial knowledge to himself. He started Action Alerts PLUS a service that allows subscribers to access Jim’s charitable trust portfolio. It also recommends stock moves to its subscribers.

Through the years, he has built himself an impressive media acumen. He currently hosts CNBC’S Mad money, and co-anchors Squawk on the Street. Besides having his own show, he has been featured on Meet The Press, CBS’ 60 minutes among others critically-acclaimed shows.

Jim Cramer is a prolific writer. He has authored six books five of which have become national bestsellers including You Got Screwed, Jim Cramer’s Mad Money, and Confessions of a Street Addict. Jim’s aptitude in writing has seen him write for the New York Magazine and Time Magazine.

Jim’s road to success has had its own share of letdowns. His biggest failure was when he bought one million shares of Memorex Telex in the hope of raking in substantial profit but lost 100% of the investment. Although famed for his ubiquitous financial personality, Jim’s financial opinions have ruffled a few feathers. 

In 2009, he was quoted saying President Obama had made the greatest wealth destruction as a president. The accusation did not go well with the White House whose press secretary responded to the statement. Despite his pitfalls, Jim Cramer still cuts as one of the wealthiest men. His media acumen and financial expertise have seen him accumulate a net worth estimated at $100 million.

Press Like If You Learnt Something New : )

New! Comments

Have your say about what you just read! Leave me a comment in the box below.

"If I have seen further than others, it is by standing upon the shoulders of giants." Isaac Newton

The material in this site is purely for educational purposes only. In creating this side we have sourced info from many sites and would like to give credit to where it is due.We do not intend to infringe any website's copyrighted material and we use the information for educational purposes and use information that are public in nature and hopefully protected by freedom of information laws. Also, when I created this website years ago, I took many pictures from the internet that may infringe your copyright. I will be slowly taking all these down and if the picture that belongs to you or your company is still there, please drop me an email and I will remove the pictures. If you found that any article in this website infringe your rights please let us know and we will take it down. Thanks.


References:

Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)