Jim Cramer

TV Show Host

Jim Cramer was born in Wyndmoor, Pennsylvania, United States on February 10th, 1955 and is the TV Show Host. At the age of 69, Jim Cramer biography, profession, age, height, weight, eye color, hair color, build, measurements, education, career, dating/affair, family, news updates, TV shows, and networth are available.

  Report
Date of Birth
February 10, 1955
Nationality
United States
Place of Birth
Wyndmoor, Pennsylvania, United States
Age
69 years old
Zodiac Sign
Aquarius
Networth
$150 Million
Salary
$5 Million
Profession
Actor, Businessperson, Financier, Journalist, Lawyer, Radio Personality, Stockbroker
Social Media
Jim Cramer Height, Weight, Eye Color and Hair Color

At 69 years old, Jim Cramer physical status not available right now. We will update Jim Cramer's height, weight, eye color, hair color, build, and measurements.

Height
Not Available
Weight
Not Available
Hair Color
Not Available
Eye Color
Not Available
Build
Not Available
Measurements
Not Available
Jim Cramer Religion, Education, and Hobbies
Religion
Not Available
Hobbies
Not Available
Education
Harvard University (AB, JD)
Jim Cramer Spouse(s), Children, Affair, Parents, and Family
Spouse(s)
Karen Backfisch, ​ ​(m. 1988⁠–⁠2009)​, Lisa Cadette Detwiler, ​ ​(m. 2015)​
Children
2
Dating / Affair
Not Available
Parents
Not Available
Jim Cramer Career

Education and early career

In 1977, Cramer received a Bachelor of Arts degree from Harvard College. Cramer served as president and editor-in-chief of The Harvard Crimson while attending Harvard. In addition, Cramer was a National Merit Scholar.

Cramer, a college reporter, made $15,000 a year, and after college, he was an entry-level reporter. Cramer worked for the Tallahassee Democrat in Tallahassee, Florida, where he was one of the first to report the Ted Bundy murders because he was only a few blocks away. Richard Oppel, then-executive editor, said, "Cramer] was like a driving ram." He was an excellent at getting the tale." He later worked with the Los Angeles Herald-Examiner, assisting in the writing of obituaries. He was robbed and he lost everything, causing him to live out of his car for 9 months during this period. Jerry Brown, the governor of California, was also employed by him. Cramer was one of the first journalists to work at American Lawyer.

Cramer obtained a Juris Doctor degree from Harvard Law School in 1984. Cramer first started investing in stock markets while attending law school. He went from trading to paying tuition. Cramer began boosting his fortune by leaving stock picks on his answering machine. Michael Kinsley, a Harvard professor, introduced him to The New Republic's owner Martin Peretz, who asked Cramer to write a book review. Peretz gave Cramer $500,000 to invest after first profiting from the stock picks. Cramer earned $150,000 for Peretz in two years. Cramer served as a research assistant for Alan Dershowitz during his time at Harvard Law School. Even though Cramer said von Bülow was "supplemental guilty," he continued to support Dershowitz's campaign to acquit accused murderer Claus von Bülow.

Career

Cramer began work at Goldman Sachs in 1984, where he spent 1984 to 1984 in sales and trading.

In 1985, Cramer was admitted to the New York State Bar but did not practice. On April 2, 2009, his right to practice law was suspended because he did not renew his license.

Cramer & Co., a Goldman Sachs affiliate, established a hedge fund in 1987 (later Cramer, Berkowitz & Co.). The fund was operated from Michael Steinhardt's office. Eliot Spitzer, a former classmate, and Martin Peretz were among the early investors to invest. Cramer earned $450 million in $5 million increments and was charged 20% of the proceeds generated.

Cramer claims to have sold all of his stocks on Friday before Black Monday (1987). Cramer claims to have had only one year of negative returns from 1988 to 2000, a year when the S&P 500 Index increased by 29 percent. During 1998's disappointing results, major investor withdrawals were made. The fund returned 47 percent in 1999 and 28 percent in 2000, beating the S&P 500 Index by 38 percentage points. Cramer claims to have made a 24% average annual return over the past 14 years, with some "routinely [taken] home $10 million a year and more." However, his findings have been disputed.

Cramer resigned from running the hedge fund in 2001. Jeff Berkowitz, his ex partner, took over the fund.

Cramer was also a "editor at large" for SmartMoney magazine and was accused of unethical conduct after purchasing stocks right before his recommendation article was published.

Cramer and Peretz founded TheStreet.com, a financial news and investment website in 1996. TheMaven purchased the company in August 2019 for $16.5 million.

In the late 1990s, Cramer appeared on CNBC as a regular guest commentator.

From 2002 to 2005, Cramer co-hosted Kudlow & Cramer (first called America Now) with Larry Kudlow.

Jim Cramer's Mad Money first aired on CNBC in 2005. According to the show's stated aim, it would be to provide people involved in do-it-yourself investing with "the knowledge and the tools that will help you become a better investor." Following the air, Cramer is obliged to declare any positions he holds in a company that is discussed on the show, and is not allowed to trade any security he has talked about on CNBC for five days.

Before December 2006, Cramer's Real Money, Jim Cramer's Real Money, ran for one hour on radio until Mad Money was born.

Dan Rather talked to Cramer on 60 Minutes on November 13, 2005. Cramer's hedge fund's history, as well as his tumultuous temper, was one of the discussion.

Cramer appeared in two episodes of Arrested Development in 2005. He revealed that he had upgraded Bluth Company stock to a "Don't Buy" from a "Triple Sell," and then said that the stock was no longer a "Don't Buy" anymore but a "Risky."

Cramer has appeared on Today, NBC Nightly News, Live with Regis and Kelly, Cheap Seats, Conan O'Brien, Conan O'Brien, Conan O'Brien, Conan O'Brien's Late Show with David Letterman, Jimmy Kimmel Live! In February 2008 and as a guest judge on The Apprentice, Jon Stewart was interviewed by Jon Stewart on The Daily Show in March 2009 (see Jon Stewart–Jim Cramer conflict).

Cramer appeared on the film Mad Money in 2008, mocking Stark Industries, and he also appeared on the film Money Never Sleeps. He also claims to have consulted for the original Wall Street film by informing the filmmakers how he could reach Gordon Gekko.

Source

As Jim Cramer's stake soars to a value of $5 billion, he tells Donald Trump that it's time for him to convince his media company's board to let him sell his shares NOW

www.dailymail.co.uk, March 26, 2024
On the first day of trading, Donald Trump's interest in his new media firm soared to a whopping $5 billion. According to Cramer, Trump should request the board for permission to sell shares. As it stands, Trump can't sell his shares for a period of six months, but he will get a waiver. The board is stocked with his allies, including Donald Trump, Jr., wrestling executive Linda McMahon, and Kash Patel.

No, not Eminem or M&M's!It's 'MnM': a new trio of AI tech stocks ousting Tesla and Apple as must-haves - an expert explains who are they and if you should buy them now for your 401(k)?

www.dailymail.co.uk, February 11, 2024
Forget the Magnificent Seven and FAANG, one analyst says a new crop of AI-focused technology stocks is on the moon.

Inflation rises marginally to 3.4 percent, beating analysts' estimates (and what items are actually decreasing in price)

www.dailymail.co.uk, January 11, 2024
Inflation rose to 3.4 percent in December, above economists' estimates, igniting fears that the Federal Reserve will hold interest rate cuts this year. Housing, which generated more than half of the monthly increase, pushed the Consumer Price Index (CPI) up by more than half of the monthly increase, according to the Department of Labor. Overall inflation increased by 0.3 percent from November, when annual inflation was at 3.3 percent. At the end of the year, economists expected that inflation would rise marginally to 3.2 percent. Experts said the above-expected rise in March makes a predicted interest rate cut in March seem unlikely. On Thursday morning, the news had little impact on markets. Following the launch, the S&P 500 was largely unchanged, having increased by around 0.2 percent before the figures were published.
Jim Cramer Tweets