CNBC Host Jim Cramer Biography And Net Worth
Jim Cramer is known for their popularity and net worth. In this world of business man, there are huge fan following of Mr. Jim Cramer who is known for their CNBC hosting. Jim Cramer not only earned Net Worth but he is quite popular among young and old entrepreneur of business. Jim Cramer Net worth is around $100 Million (from various sources) with a very professional knowledge in shares and stocks.
Jim Cramer Biography
Jim Cramer was born on February 10, 1955 in Wyndmoor, Pennsyvania, U.S. From his starting age, he was so much talented from his starting age. He was American television personality, best-selling author and worked on the post of chairman in Thestreet.com Inc.
His mother Louise A. Cramer was not an housewife but an artist but his father N. Ken Cramer has business in Packaging products and selling wrapping paper in the city Philadelphia. Jim Cramer start his business from selling ice creams during his starting days.
From the starting days, Jim Cramer was in journalist field and he was not earning such money which can fulfill their needs. While he was working as journalist in Los Angeles Herald Examiner then his apartment was robbed several times. It impacts a lot on Jim Cramer’s Net Worth. He became bankrupt many time too and the situation so bad so that he had to live in his car for several months. Jerry Brown who was the governor at that time, Jim Cramer also worked for him.
Jim Cramer also passed the Juris Doctor Degree from a law school named Harvard law School. He don’t get good grades so he don’t want to be an employee. He was also passionate about stock market who knows that this passionate will increase a lot in Jim Cramer Net Worth. His Net worth also increases when he starts his company which is start with the help of “Martin Peretz” who was impressed with Jim Cramer.
As a TV Show Host
Jim Cramer net worth increases from the hosts the CNBC’s Mad Money TV show as it was its first show which gives him more and more popularity from this show too. This show is all about the earning money by stocks and shares but his energy gives more popularity to this show and audience love to know the ideas which he provide in the show about the stocks. He gives all the information about the shares so that we can get some profit in that.
Jim Cramer Net Worth
From various resources we found, Jim Cramer net worth of over $100 million.
Cramer starts their company from the initial investment of $5,00,000 which is given by the “The New Republic” owner “Martin Peretz”. He also earned a good profit of approx. $1,50,000 in first two years. He was passionate about stocks so while he was working in Goldman Sachs then Jim Cramer spent his most of the time in research as he wanted to get more information. After his hard work he become genius in stocks field. He earned 24% annual returns too with their stocks. His perfect knowledge about stocks was also increasing Jim Cramer’s net worth. His carrier peak was too high and analysts tell that on his peak he was earning more than $10 million per year. These years not only increases his net worth but also increasing in the fame and fortune of Jim Cramer.
While he gone in the contract/ Agreement with CNBC network then he stops his all activities in trading in stocks markets. His company TheStreet, General Electric and Comcast was also own by CNBC, so he was just eligible to have its stocks. This is the time which stops the growth of their net worth but now he was working a lot for the audience of their program Mad Money on the CNBC. He was helping their audience to earn more in the stocks and shares more than of his own.