The current Jim Cramer net worth in 2022 is approximately $150 million. [1]
Jim Cramer is best known as a television personality on CNBC but he built his net worth through several different paths.
Jim Cramer Education
Cramer earned a Bachelor’s degree from Harvard University in government in 1977, graduating with great distinction (MCL). He received his Juris Doctor degree from Harvard Law School in 1984, he earned admission to the New York Bar, but never practiced law.
Early Finance Career
Jim started his finance career with Goldman Sachs in 1984. He left the investment bank after three years to begin his own firm, Cramer & Co. Cramer ran his hedge fund from 1987 to 2001 with $450 million in assets under management during his time there. Cramer’s fund returned an average annual gain of 24% benefitting from the roaring bull market of the late eighties and the nineties dotcom bubble.
Jim Cramer Books
He is a bestselling author with many published books about investing and his finance career.
Jim Cramer’s Website
Jim is the co-founder of one of the first investing websites TheStreet.com that launched in 1996. The website went public in 1999 near the peak of the dotcom bubble. His company achieved a valuation of $1.7 billion in market cap after its IPO. At its peak valuation, Cramer’s stake in the company was worth $225 million, however the bubble burst and today his ownership is only worth $15 million.
Jim Cramer’s Television Career
His television career started with Kudlow & Cramer in 2002. Both hosts went on to have their own shows and Cramer started with his current show, Mad Money with Jim Cramer in 2005. The show is still on the air on CNBC even though his show’s ratings have declined over the years he still has approximately 210,000 viewers. [2]
Jim Cramer’s annual income is estimated at approximately $5 million from all sources. He has been able to build an impressive nine figure net worth over his career as an investor, author, money manager, and entrepreneur.