Jim Cramer Bio, Marriage, Wife, Career, Children & Net Worth

Jim Cramer is an American television host and personality famous for his work in Mad Money on CNBC. Moreover, he was a former Hedge Fund manager and one of the best-selling authors.  Also, he is the co-founder of Thestreet.com, which is a financial news and financial literacy website.

Furthermore, Jim Cramer is a married man, whereas he married twice in her life. So, who are his wives? Does he have any children? If you are also searching for the answer to these questions, read this article until the end.

Wyndmoor Native

Jim Cramer was born James J.Cramer on February 10, 1955, in Wyndmoor, Pennsylvania, the USA. He is the son of Louise A. Cramer and N. Ken Cramer. His father owned an international packaging products company, and his mother was an artist.

Moreover, he enrolled at Springfield Township High School in Montgomery County, Pennsylvania. After high school, he attended Harvard University, earning a B.A degree in government. Later, he joined Harvard Law School and received a Juris Doctor degree in 1984.

Career Highlights

Jim started his career in 1971, selling Coca-Cola and then ice cream at Veterans Stadium during a game against Philadelphia Phillies. When he was studying at Harvard College, he was interested in journalism and was the President and Editor in Chief of The Harvard Crimson. Cramer has worked in various places and collected work experience in his long career.

Jim became a stockbroker and started working in sales and trading at Goldman Sachs in 1984.  Since 1990 Jim has frequently appeared as a guest commentator on CNBC, and he is continuing his appearance. While working at CNBC, he also worked with the stars like Hadley Gamle, Melissa Lee, Scarlet Fu, Marcus Lemonis, and Jared Kushner.

Married Life

Jim is a married man. He is currently married to Lisa Cadettle Detwiler. The couple first met in January 2006 at a bar in Manhattan. Since both the couple were married and divorced before, it took no time to understand the value of the relationship for the duo.

The couple finally tied their knot and exchanged their wedding vows on April 18, 2015, in Brooklyn, New York. However, the couple hasn’t given birth to a baby in their marriage. The couple shares children with their former partners. Jim has two children, whereas Lisa shares three children.

Cramer was previously married to Karen Backfisch. The couple was blessed with two beautiful daughters after their marriage. Cece Cramer and Emma Cramer were their children’s names, whereas their date of birth is still unknown.

Controversy

In 2000, James and his online website Thestreet.com settled a lawsuit with The Fox News Channel. Fox News claimed that James had reneged on a deal to produce a show for them during that time. While they were on display, James promoted his website TheStreet.com in the front, and at that time, Fox news complained to him not to promote his website on their network.

How rich is James Cramer?

James J. Cramer has worked in various places and has earned lots of fame from his long career. In the beginning, he worked as an entry-level reporter and earned around $15,000 a year. In the same way,  while working in the stock market, his partner Peretz gave him $500,000 to invest, and in two years, he made $150,000 for his partner.

Additionally, he raised $450 million from investors and made $5 million increments and received a fee of 20% of the profits when he was working at Goldman Sachs. Moreover, in August 2019, he sold his website to TheMaven company, which paid him and his partner a worth of $16.5 million.

He has a net worth of $100 million as of 2019, and his 2020 net worth is still under review. Moreover, he currently lives in Summit, New Jersey, which has a 65-acre estate in the New Jersey countryside. And also, he has a summer house in Quogue, New York, which lies on Long Island.