Jim Cramer Net Worth 2025 TV Personality & Financial Expert’s Wealth
Jim Cramer is a famous TV host and financial expert. Let’s look at how much money he has and how he got it.
Who is Jim Cramer?
| Name | Jim Cramer |
|---|---|
| Birthdate | February 10, 1955 (70) |
| Birthplace | Wyndmoor, Pennsylvania, U.S. |
| Main Incomes | Television, Investments, Writing |
| Net Worth | $150 million |
| Nationality | American |
Jim Cramer was born on February 10, 1955, in Wyndmoor, Pennsylvania. His parents were creative people – his mom was an artist and his dad owned a small business that sold wrapping paper and boxes. Growing up, Jim delivered ice cream and sold soda at Philadelphia Phillies baseball games. He went to Harvard University and graduated in 1977 with a degree in government.
After college, Jim worked as a reporter for the Tallahassee Democrat newspaper in Florida. He covered crimes and wrote about what was happening in the state. Later, he worked for newspapers like the Los Angeles Herald Examiner and American Lawyer. During this time, he started to learn about money and stocks. Jim went back to school and got a law degree from Harvard Law School in 1984.
Jim’s career changed when he started working on Wall Street. He worked at the investment bank Goldman Sachs from 1984 to 1987. In 1987, he left to start his own hedge fund called Cramer & Co. (later renamed Cramer, Berkowitz & Co). But most people know Jim from TV. Since 2005, he has hosted Mad Money on CNBC where he gives investment advice. He also appears on Squawk on the Street and writes articles about stocks and investments.
Net Worth Comparison
| Name | Net Worth | Sources of Income |
|---|---|---|
| David Faber | $12M | CNBC co-host |
| Karen Finerman | $50-100M | Fast Money panelist, hedge fund manager |
| Warren Buffett | $165.7B | Frequent investing philosophy debates |
Jim Cramer’s Net Worth and Salary
Jim Cramer’s net worth is $150 million as of 2025. This money comes from his many years working in finance and media. His main job at CNBC pays him about $5 million per year for hosting “Mad Money” and appearing on other shows.
His wealth didn’t come all at once. Jim built it over many years through smart investments, his hedge fund work, his TV salary, and his books. When he ran his hedge fund from 1987 to 2001, it had an average yearly return of 24%, which means the money he managed grew a lot. This success helped him build his own personal wealth.
Besides his regular salary, Jim makes money from his books, his financial advice website TheStreet.com, and speaking at events. All these things add up to make him very wealthy compared to most people.
Investments and Business Ventures
TheStreet.com is one of Jim’s biggest business successes. He helped start this financial news website in 1996, and it became very popular. The website gives information and advice about stocks and investments. In 2019, TheMaven bought TheStreet.com for $16.5 million. Even though Jim no longer owns the website, he made a lot of money from creating and selling it.
Jim does not share all his personal investments with the public but we know he owns stocks in many different companies. He often talks about his “charitable trust portfolio” on his show. This is a group of stocks that he owns, and the profits go to charity. By talking about these investments on TV, he shows viewers what stocks he thinks are good.
Besides stocks, he owns a home in Summit, New Jersey and a house in Pennsylvania. These properties are worth several million dollars together. Jim also makes money from his books like “Jim Cramer’s Real Money” and “Jim Cramer’s Get Rich Carefully”.
Notable Books and Estimated Earnings
| Year | Book Title | Estimated Earnings |
|---|---|---|
| 2002 | Confessions of a Street Addict | $500,000 |
| 2002 | You Got Screwed! | $300,000 |
| 2005 | Jim Cramer’s Real Money | $1,000,000 |
| 2006 | Jim Cramer’s Mad Money | $800,000 |
| 2007 | Stay Mad for Life | $600,000 |
| 2009 | Getting Back to Even | $700,000 |
| 2013 | Get Rich Carefully | $1,200,000 |
| 2025 | How to Make Money in Any Market | $400,000 |
Jim Cramer’s Media Controversies
Jim Cramer is known for his loud personality on TV. Sometimes this gets him into trouble. In 2008, during the financial crisis, many people criticized Jim for recommending Bear Stearns stock right before the company collapsed. Jon Stewart, who hosted “The Daily Show,” invited Jim on his show and asked him tough questions about his predictions.
Some investors don’t like Jim’s energetic style. They say he makes investing seem like a game with his sound effects and silly props on Mad Money. Financial experts sometimes disagree with his advice and say he focuses too much on short term stock movements instead of long term investing.
Despite these criticisms, Jim has many fans who watch his show regularly. He admits when he makes mistakes and tries to learn from them. Jim always tells his viewers that his show is for entertainment and education, not for specific financial advice. Everyone should do their own research before investing their money.
Personal Life and Philanthropy
Jim Cramer was married to Karen Backfisch from 1988 to 2009, and they had two children together. In 2015, he got married to Lisa Cadette Detwiler, who works as a real estate agent and restaurant owner. Jim has talked about how important family is to him, even with his busy work schedule.
Jim gives money to many different charities. He donates the profits from his charitable trust to organizations that help people. One cause that Jim cares about is education. He has given money to his alma mater, Harvard University, and to other schools.
Another way Jim helps others is by teaching people about money. He believes everyone should understand how to save and invest. That’s one reason he started his TV show and website – to help regular people learn about finances in a way that’s easy to understand. When there’s a natural disaster, Jim often encourages his viewers to donate to help the victims.
FAQs
Is Jim Cramer still on CNBC in 2025?
Yes, Jim Cramer continues to host “Mad Money” on CNBC and appears on “Squawk on the Street” in 2025. He has been with the network for about 20 years now.
Did Jim Cramer really work as a reporter before getting into finance?
Yes, before his finance career, Jim worked as a reporter for several newspapers including the Tallahassee Democrat and the Los Angeles Herald Examiner. His journalism background helps him explain financial news.
How much did Jim Cramer’s hedge fund make for investors?
Jim’s hedge fund, Cramer, Berkowitz & Co., reportedly had an average annual return of 24% from 1987 to 2001 when he managed it. This is considered very good performance in the investment world.
