How much is the net worth of the 'Mad Money' star, Jim Cramer, as we enter 2021? Know it here.
James Joseph Cramer, aka Jim Cramer,is one of television's finest stars, especially across the American audience. With experience as a hedge fund manager in the past, the 65-year-old currently showcases his skills as the host of CBC's 'Mad Money.'
Well, his career embarked way back in 1980, and things have just progressed with each passing year. If that weren't enough, the television personality's introduction would be incomplete without bringing up the detail that he is the co-founder of TheStreet.com.
Jim Cramer's career journey has been full of drama, accomplishments, and controversies. Apart from his endeavors as a television star and an investor, he is even an author, which further furnishes his portfolio.
The 65-year-old also impresses most of his fans through his entrepreneurial venture, 'TheStreet.com,' a financial news and literacy website which was later acquired for $16.5 million. So, today, stay right here as we bring you all the details regarding his net worth, salary, and diverse income sources of Jim Cramer.
Jim Cramer Owns Over Hundreds Of Million As Net Worth
When it comes to fortune and finances, Jim Cramer enjoys life in the most lavish ways possible. Specifically, he gathers a whopping net worth of $150 million,which gets him surrounded by all sorts of modern-day amenities, be it rich cars or big mansions.
Jim Cramer owns a staggering net worth of $150 million. Photo Source: Marketwatch
Considering his wide source of investments and expertise as a former hedge fund investor, there is no doubt that the bank balance will further grow in the near future.
Jim Cramer's income sources are diverse, be it with his decorated and stacked portfolio as an investor, entrepreneur, author, and television personality. While he got most of his fame from his work in CNBC's 'Mad Money,' the glamorous job even led him to earn big bucks.
Specifically, he earns an annual salary of $5 million, which is based on his appearance on the show itself. Besides that, his bank account expands through his book sales, advances, and even royalties.
Jim Cramer is the host of CNBC's 'Mad Money.' Photo Source: Wikipedia
Jim Cramer might not be active as a hedge fund manager right now, but when he was in that professional bank in the 1990s, he made sure that many businesses boomed in the best possible ways to boost his personal earnings itself.
When he started his own fund like Cramer & Co, the current CNBC star managed to raise over $450 million in $5 million increments. Ultimately, he made a big decision to retire from the investment sector and then made a transition to the media sector instead, which went equally smoothly too.
Due to health complications, he had to undergo surgery in January 2021. On January 28, he tweeted and revealed the reason for the surgery was that he had a pinched nerve and in order to relieve the pain he had to do it.
Jim Cramer's Career On Television
Jim Cramer's colossal net worth might be the result of several works he undertook throughout his career, but the level of prominence for the artist grew straight once he joined the television world.
Initially, he was seen on CNBC as a guest commentator, which helped him realize how good he was in front of the cameras while discussing the things he was good at, i.e., talking money.
He co-hosted a show called 'Kudlow & Cramer' with Larry Kudlow from 2002 to 2005. The first-ever episode of 'Mad Money' aired on television in 2005, which exceeded the expectations a lot more.
Jim Gramer kept on being a household name not just on television but also on the radio as he hosted a one-hour show named Jim Cramer's Real Money until 2002.
People loved his presence to talk money so much that he made frequent appearances on shows like 'Today,' 'NBC Nightly News,' and 'Jimmy Kimmel Live!.' Furthermore, the former hedge fund investor even appeared on 'Wall Street: Money Never Sleeps.'
Jim Cramer is the founder of 'The Street.com' alongside Peretz. Photo Source: CNBC
As one of the richest businessmen around, his former venture, TheStreet.com had a market value of $1.7 billion, which, however, fell following the dot-com crash. Eventually, his personal share value went down straight to $15 million.
With all the riches he has, there is no doubt that Cramer lives a luxurious lifestyle. But not just an illustrious career, he also enjoys a happy personal life with his wife Lisa Cadette Detwiler.