There are many financial experts and hosts who are known for their investment-advice. Similarly, we will be looking at one of the top finance experts, Jim Cramer in this post. Further, he is a popular host od American finance television program ‘Mad Money’ that airs on CNBC. Since 2005, he has been speaking in the investment, speculation, particularly in public company stocks.
Moreover, the television personality is also a former hedge fund manager and a best-selling author. He has also co-founded financial news and financial literacy website ‘TheStreet.com’. During 2009, he had a debate with Jon Stewart while appearing in his show while responding to Jon’s highly publicized week-long criticism of CNBC.
Caption: Jim Cramer, the host of CNBC ‘Mad Money’.
Jim Cramer: Bio, Family, Education
The finance expert was born as James J. Cramer on 10 February 1955 in Wyndmoor, Pennsylvania, the USA. He was born as the son of Jewish parents N. Ken and Louise A. Carmer. His mother was an artist while his father owned International Packaging Products in Philadelphia. The company also sold products like wrapping paper, boxes, and bags to retailers and restaurants. He grew up along with sibling Nan Cramer.
He reportedly has revealed that he became interested in the stock market from a young age while in fourth grade. In 1971, he’s one of the works include selling coca-cola and ice-cream at Veterans Stadium during Philadelphia Phillies games. Regarding his education, he attended Springfield Township High School in Montgomery County in Pennsylvania.
Moreover, he graduated magna cum laude from Harvard College with a Bachelor of Arts in government in 1977. Cramer was interested in journalism and also became the President and Editor-in-Chief of The Harvard Crimson. In 1984, he collected a Juris Doctor degree from Harvard Law school.
Jim Cramer: Career & Life Achievements
He began to work and earn money from his high school. After graduating college, he began to work with Tallahassee Democrat in Tallahassee in 1978. Then he wrote obituaries for the Los Angeles Herald-Examiner and became one of the first reporters at American Lawyer. While attending Law college, he started to invest in the stock market and made enough to cover his tuition fees. At that time, he was also introduced to The New Republic owner Martin Peretz who offer him to write a book review. Further, he also gave Cramer $500 thousand to invest which he made $1500 thousand for Peretz.
In 1984, he worked on sales and trading as a stockbroker at Goldman Sachs. Following that year, he admitted to the New York State Bar Association but didn’t go along. In 1987, he left Goldman Sachs to start a hedge fund ‘Cramer & Co. (later Cramer, Berkowitz & Co.)’ and left after 14 years in 2001. Then in 2009 due to the failure of paying registration, his practice law license was suspended.
In the late 90s, he became a frequent guest commentator on CNBC. Later, he co-hosted ‘Kudlow & Cramer from 2002 to 2005 along with Larry Kudlow. Then he began to host the CNBC ‘Mad Money’ since 2005.
Jim Cramer: Personal Life & Wife
The renowned television host has married twice and divorced once. He first married to Karen Backfisch-Olufsen in 1988. Together, the couple had welcomed two children: Cece Cramer and Emma Cramer. But after ten years of their togetherness, they separated in 2009 and parted their own ways.
After six years, he again found love in 2015 and re-married with Lisa Cadette Detwiler. Since then, they are sharing a good bond with each other. And never been the part of any rumors and divorce between them.
Caption: Jim Cramer with wife Lisa
Source: NY Times
Jim Cramer: Net Worth & Social Media Profiles
Talking about his earning, he has made a good amount from his career as a television host and investor. Therefore, he has a net worth estimated at around $100 million. Further, the couple lives in Summit, New Jersey. He also owns a 65-acre estate in the New Jersey countryside as well as a summer house in Quogue, New York, on Long Island. Additionally, he and his wife also own Bar San Miguel, a restaurant and bar serving Mexican cuisine in Carroll Gardens, Brooklyn.
He is highly active over different social media platforms like Twitter and Instagram. On Instagram, he has an account @jimcramer with 32.3k followers. He has a Facebook account with more than 118k followers. Also, he has a Twitter account @jimcramer with 1.2 million followers.
Jim Cramer: Body Measurements
The television host has a well-maintain body that has an average height of 5 feet 5 inches or 1.65 meters. His body weighs around 80 kg and has not revealed information on his body parts measurement.