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Jim Cramer

Still, Cramer replied and said that one should look at the decline in the stock market and all indices; we have also seen a decrease in profits in healthcare companies.

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He is an example of an ambitious person with lots of energy. Cramer had earned $10 million each year during the 14 years when he was the hedge fund manager. He had only one year of negative returns. In 1994, Cramer founded "The Street.com," which used to provide advice on stock options. Cramer is the second-largest shareholder of the company, and at one point, the company used to have a value of $1.7 billion. As of 2015, however, Nasdaq has the market cap of "The Street.com" under $80 million.

Presidential elections:

Cramer told his Mad Money viewers just before the elections that they would deal with it regardless of its outcome. He said so to quiet the fears that have arisen from many investors have about the results. He said, however, the election could be a significant and lousy event for the markets; it's also a manageable one, just like all of the others.

Cramer has been around ever since the hyperinflation, the crash of 1987, the Great Recession to Brexit, and what was common among them is that the market survived all of them. He said that they would find something to buy and other things to sell regardless of the winner. He also pointed out that Trump's views on the inflated stock market could worry investors who rely on the stock to put food on the table. He said about Trump that he is sensitive to the overvaluation of stocks, but he surely doesn't mean to hurt anyone's pension or 410(k).

Influential Quotes:

He mentioned that he had lost tremendous amounts of money in various markets and that he thought that that's something that makes someone better at their job. Through his experience in hedge funding and investment advice, Cramer has become bound enough not to lose money.

He said that he stands up for what he believes and that everyone has the right to be rich in this country, and it's his role to help them get there. Cramer has always had that mentality of offering great advice on stock or investment in general; that's why he is a financial superstar who is mad with money. That should be the trait of the presenter of Mad Money.

Personal Life

Karen Backfisch, with whom he had two daughters, was Cramer's wife from 1988 to 2009. Cramer married Lisa Cadette Detwiler, a real estate broker, and the general manager of The Longshoreman, an Italian cafe/restaurant in Brooklyn, New York City, on April 18, 2015.

In an interview with The Carlos Watson Show, Cramer claimed that he has been battling mental health concerns related to his wrath, which he blames his father. Cramer is a resident of Summit, New Jersey. He also has a 65-acre estate in the New Jersey countryside and a Long Island's Quogue holiday home. The DeBary Inn in Summit, New Jersey, was bought by Cramer and four other investors in 2009. In addition, he and his wife run Bar San Miguel, a Mexican restaurant and bar in Carroll Gardens, Brooklyn. Cramer adores Philadelphia and believes that a high-speed train link to New York City is the key to the city's economic revival.

He is a die-hard Philadelphia Eagles supporter who sobbed following the team's Super Bowl LII victory. He's had season tickets for the Eagles for 20 years and has met former coach Doug Pederson several times. In 2009, Cramer was one of around 200 people nominated for the Time 100.

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Quick Facts
Date of Birth: 10-02-1955
Birth Place: Wyndmoor, Springfield Township, Pennsylvania, United States
Height: 1.68 m
Ex. Wife: Karen Backfisch-Olufsen
Wife: Lisa Cadette Detwiler
Marital Status: Married
Divorced Date: 2009
Marriage Date: 2015
Alma Mater: Harvard University
Birth Sign: Aquarius
Profession: Journalist, TV Personality, Presenter, Lawyer
T.V. Show(s): Mad Money
Ethnicity: Jewish
Nationality: American
Children: Cece Cramer, Emma Cramer
Net Worth: $100 million
Birth Date: 10 Feb, 1955
Age: 65 yrs
Citizenship: United States of America
Birth Place: Wyndmoor
residence: Summit
Education: La vagancia
Gender: Male
Description: Stockbroker, television personality, author
Twitter Id: Jimcramer
Net Worth 2021: 150 million
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Last Modified: Feb 19 2023
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