Jim Cramer Net worth, Bio, Wife, Married or Divorce

Jim Cramer Net worth, Bio, Wife, Married or Divorce

Jim Cramer Net worth, Jim Cramer Bio, Jim Cramer Wife, Jim Cramer Married, Jim Cramer Divorce

— Tuesday, September 6th, 2016

Date of Birth : Feb 10th, 1955
Age :62 Years old
Net Worth :$100 million
Married :Lisa Cadette Detwiler
Height :1.68m
Jim Cramer, an American television personality was born on February 10, 1955. He is the former hedge fund manager and also the best- selling author. He is one of the most popular TV host in CNBC and a successful investor. While talking about Jim Cramer net worth and investment, he started investing in the stock market while he was in law school. Later he began to prompt his holdings by leaving stock picks on his answering machine. His strategy impressed Martin Peretz, owner of The New Republic. Peretz gave Cramer $500,000 to invest in stock market. Within two years, Jim Cramer earning was $150,000. In the year 1984, Cramer became a stockbroker with Goldman Sachs’ Private Wealth Management division. In 1987, he found his own hedge fund Cramer & Co. The fund operated out of the offices of hedge fund pioneer Michael Steinhardt’s Steinhadt, Fine, Beagerkowitz & Co., and also the early investors included Eliot Spitzer, Brill and Peretz. Jim ran his fund for 13 years and in those 13 years, he had only one year of negative returns. Jim retired from his hedge fund in the year 2001. Cramer yielded $10 million per year in all the years from the fund. Jim Cramer net worth is $100 million.
According to Jim Cramer Bio, he was born in Wyndmoor, Pennsylvania. His parents were Jewish. His father was N. Ken Cramer who owned the International Packing Products in Philadelphia and his mother Louise A. Cramer was an artist. His parents were pretty much rich and his childhood was quite luxurious. His parents made sure that Cramer didn’t lack anything. He went to Springfield Township High School for his primary education in Montgomery County. He completed his graduation from Harvard
College in magna cum laude with a B.A. in government. He was quite brilliant student and received his Doctor degree from Harvard Law School.
He started his career by working for The Harvard Crimson by making his involvement with journalism in college. Later he became its president. After completing his education, he worked in several entry- level reporting jobs. Though his father owned his own company, Cramer didn’t show interest in working there. During that time he was much more in journalism. He worked for the Tallahassee Democrat where he covered the Ted Bundy murders.
Jim Cramer joined CNBC and first aired in the year 2005. He hosted the program “Mad Money with Jim Cramer”. The motive of the program was to give knowledge and ideas that will empower people to be a better investor. Not only Mad Money, Cramer co- hosted other programs like America Now and Kudlow & Cramer with Lawrence Kudlow. He has also made appearances in many other programs too.
Coming towards his personal life, Jim Cramer is a married man. Jim Cramer married Karen Backfisch-Olufsen in the year 1988. They both met each other in the Michael Steinhardt’s hedge fund in the year 1988. Both of them fell in love with each other and started dating. Later in the same year, they got married. Jim Cramer divorced with Karen in the year 2009. The reason of their divorce has not been revealed yet. Jim Cramer daughters are Cece Cramer and Emma Cramer. In 2015, Cramer again got married. Currently, Lisa Cadette Detwiler is the Jim Crammer wife. He has been living happily with his new wife and two daughters in a lavish house. 
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