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Jim Cramer Net Worth and Salary: Jim Cramer is an American television personality, best-selling author, and a former hedge fund manager, who has a net worth of $150 million dollars. He is probably best known for being the host of CNBC’s “Mad Money”, and for being co-founder and chairman of TheStreet.com. For his various jobs at CNBC, Jim Cramer earns an annual salary of $5 million. He also earns a significant income from book royalties and advances. Cramer ran the hedge fund Cramer Berkowitz from 1987 to 2001. At its peak the fund had $450 million in assets under management. It produced an average annual return of 24%. In 2005, Cramer told BusinessWeek that his net worth was in the $50 – $100 million range. At the peak of the dotcom bubble, Cramer’s net worth was significantly higher thanks largely to his 15% stake in TheStreet.com. In 1999, soon after going public, TheStreet.com had a market cap of $1.7 billion. At that level, Cramer’s 15% stake was worth $255 million. Fast forward to 2005, post dotcom crash, and that stake was worth around $15 million. Early Life and Career Beginning: James J. Cramer, better known as Jim Cramer, was born in Wyndmoor (a suburb of Philadelphia), Pennsylvania, on February 10, 1955, to a Jewish family. His mother, Louise A. Cramer, was an artist, and his father, Ken Cramer, was the owner of International Packaging Products, a company that sold things like wrapping paper and boxes to retailers and restaurants. One of Cramer’s earliest jobs in the early 1970s was selling Coca-Cola and ice cream at Veterans Stadium during Philadelphia Phillies baseball games. He attended Springfield Township High School, and continued his education Harvard College, where he studied government. He graduated magna cum laude from Harvard in 1977 with a Bachelor of Arts degree. While a student at Harvard, one of the extracurricular activities he was involved in was The Harvard Crimson, serving as the publication’s President and Editor-in-Chief. Following graduation from college, Cramer landed a job as an entry-level reporter at the Tallahassee Democrat publication in Tallahassee, Florida. As it so happened, he became one of the first people to cover the Ted Bundy murders at the time, since he only lived a few blocks way. Subsequently, he worked at publications like the Los Angeles Herald-Examiner and American Lawyer, and he even worked for the Governor of California Jerry Brown. Eventually, he returned to Harvard to attend law school. While he was a law student, he invested in the stock market and used the money he made from trading to cover his tuition costs. Career: Following graduation from Harvard Law in 1984, Cramer landed a job as a stockbroker at Goldman Sachs. Despite being admitted to the New York State Bar Association in 1985, he did not practice law. Eventually his license to practice law in New York was suspended in 2009 because he failed to pay the registration fee. In 1987, Cramer left his position at Goldman Sachs to start his own hedge fund, Cramer & Co. (later to be known as Cramer, Berkowitz & Co.). He managed to raise $450 million in $5 million increments, receiving a fee of 20% of the profits he generated. Some of the early investors in his hedge fund include Steve Brill, Eliot Spitzer, and Martin Peretz. In 2001, he retired from the hedge fund, and it was taken over by his former partner, Jeff Berkowitz. Cramer has claimed that from 1988 to 2000, he had only one year of negative returns, in 1998. He also claims that over 14 years he produced a 24% average annual return. However, some of his results and claims have been disputed. Other projects Cramer worked on include SmartMoney magazine, where he was the “editor at large”. During his time there, he was accused of unethical practices when he made a $2 million personal gain as he bought stocks just before an article with his recommendations in it was published. Also, in 1996, Cramer and Martin Peretz partnered to launch the financial news and financial literacy website TheStreet.com. In 2019, the website was sold to TheMaven for $16.5 million. Additionally, during the late 1990s, Cramer would often be featured as a guest commentator on CNBC. Eventually, he landed his own show, “Kudlow & Cramer”, with Larry Kudlow, which aired from 2002 to 2005. He then moved on to the show “Mad Money with Jim Cramer”, which began airing on CNBC in 2005. The show provides viewers with tools and knowledge to become better investors. As part of the conditions in order for him to be on the show, Cramer is required to disclose any positions he holds in regards to stocks that are discussed on the show. He is also not allowed to trade in anything he has discussed or spoken about on the show for five days following each broadcast. The show “Mad Money” was actually inspired by this one-hour radio show he had previously hosted, “Jim Cramer’s Real Money”, which ended in December 2006. Cramer has also written and published several books. These include “Confessions of a Street Addict” (2002), “You Got Screwed! Why Wall Street Tanked and How You Can Prosper” (2002), “Jim Cramer’s real Money: Sane Investing in an Insane World” (2005), “Jim Cramer’s Stay Mad for Life: Get Rich, Stay Rich (Make Your Kids Even Richer)” (2007), “Jim Cramer’s Getting Back to Even” (2009), “Jim Cramer’s Get Rich Carefully” (2013). Personal Life: Cramer was married to Karen Backfisch from 1988 to 2009. They have two children together. His second marriage is to Lisa Cadette Detwiler, a real estate broker and general manager of the New York City restaurant The Longshoreman. They married in April 2015. Some of the properties he owns include the DeBary Inn in Summit, New Jersey, which he purchased along with four other investors in 2009; and the Bar San Miguel, a restaurant and bar in Carroll Gardens, Brooklyn, that he owns with his wife. He lives in Summit, New Jersey, and also own private residential properties in Quogue, New York, on Long Island, as well as a 65-acre estate in the countryside of New Jersey. Cramer is a noted long-time fan of the Philadelphia Eagles NFL team. He has held season tickets for over 20 years. Real Estate: In 1999 Jim and Karen paid $2.375 million for a 100+ year old home on 1.33 acres in Summit, New Jersey. As part of their divorce settlement Jim sold the house to Karen for $1. Karen sold the house in April 2019 for $3.675 million. In 2008 Jim paid $4.7 million for a different home in Summit, New Jersey. He also owns a 65-acre estate elsewhere in New Jersey.

Jada Pinkett Smith net worth and salary: Jada Pinkett Smith is an American actress, producer, director, singer, author and businesswoman who has a net worth of $50 million. Though it should be noted that a large portion of Jada’s net worth comes thanks to her marriage to Will Smith who has been one of the highest-paid actors of the last two decades. Jada Pinkett Smith earned her net worth through a number of careers, in film, TV, music, fashion and as a writer of children’s books.Early Life: She was born in Baltimore, Maryland on September 18, 1971, to Adrienne Bandfield-Jones, a nurse, and Rosbol Pinkett Jr, who ran a construction company. Adrienne had Jada when she was still in high school, and the couple married but quickly soon after, leaving Adrienne to raise Jada with just the help of her mother, Marion Martin Banfield. Jada’s grandmother quickly noticed Jada’s aptitude for performing, and enrolled her in piano and dance lessons. She attended the Baltimore School for the Arts where she majored in dance and theater. Jada graduated in 1989. While at this school, one of Jada’s classmates was future rap star Tupac Shakur. The two would become lifelong friends until his tragic death.Career: After moving to Los Angeles in the early ’90s, Jada began to land a series of small parts of television shows like “True Colors”, “Doogie Howser MD” and “21 Jump Street”. She soon landed a more recurring role over 36 episodes of the sitcom “A Different World”. Her big film break came in 1993’s “Menace II Society”. She acted with Keenen Ivory Wayans in “A Low Down Dirty Shame” in 1994, and her performance gained her a lot of attention and positive reviews. That same year, she starred in romantic drama “Jason’s Lyrics”, and in 1995 went on to play a convict in Demon Knight. Roger Ebert praised the chemistry between Pinkett Smith and her co-star Allen Payne.Jada’s big breakthrough came in 1996 when she starred with Eddie Murphy in the 1996 remake of “The Nutty Professor”, in which she portrayed his love interest. The film earned $25 million in its first weekend, eventually raking in more than $274 million worldwide, making it a complete commercial success. “The Nutty Professor” set off what eventually became a very successful and lucrative career for Jada, starring in films such as “Kingdom Come”, a cameo in “Scream 2”, and two installments of extremely successful and popular “The Matrix” series.In 2010 she won an Image Award for Outstanding Actress in a Drama Series for “Hawthorne” which she starred in as Christina Hawthorne from 2009 to 2011. Beginning in 2014 she starred as Fish Mooney in the television series “Gotham”. Jada Pinkett Smith voiced the role of Gloria in the animated “Madagascar” film series. Beginning in 2018, Jada has starred in the Facebook Watch series “Red Table Talk”.What was Jada Pinkett Smith’s salary per episode of “HawthoRNe”? $150,000Other Ventures: Pinkett Smith, under the stage name Jada Koren, has also been a singer and songwriter for the metal band Wicked Wisdom. They released a self-titled debut album in 2006. Wicked Wisdom snagged a slot as an opener for Britney Spears’ 2004 Onyx Hotel. They opened for Spears for eight dates in the spring of 2004, during the European leg of the tour. The band also played at Ozzfest in 2005. She also owns a music production company, 100% Women, and a clothing line, Maja. Jada published a children’s book, “Girls Hold Up This World”, in 2004. Pinkett Smith also works as a spokesperson for the beauty line Carol’s Daughter.Personal Life: Jada met her future husband, superstar actor Will Smith, while visiting the set of his ’90s sitcom “The Fresh Prince of Bel-Air”. Jada auditioned for the role of his character’s girlfriend, Lisa Wilkes. The role went to Nia Long instead, as Jada was considered “too short” to play it. Will and Jada began dating in 1995 (after he separated from Sheree Fletcher–Will had apparently grown an attraction to Jada before this but never acted on it) and were married in 1997. Today Will and Jada have two children, Jaden Smith and Willow Smith, both of whom have developed successful careers in the entertainment industry. Jada is also the stepmother to Trey Smith, who is Will’s son from a former marriage.In July 2019, Jada admitted to being in a romantic relationship with singer August Alsina while she and Will were separated in 2016.Philanthropy: The Pinkett Smiths created charity Will and Jada Smith Family Foundation in 2005, which focuses on supporting youth and their families in urban cities. The charity was awarded the David Angell Humanitarian Award in 2006. The family and the Foundation have supported numerous charities and causes over the last several years. Although not involved with the Church, the Smiths donated $2,000 to the Hollywood Education and Literacy Program, which is Scientology’s basis for homeschooling.Real Estate: In 1999 Will and Jada spent $7.5 million to acquire a stunning 100-acre property in the hills between Malibu and Calabasas, California. Over the next year they bought several nearby parcels to string together 150-acres of contiguous land. The property features a 20,000 square-foot main house, several guest houses, a private lake, a horse riding ring, equestrian trails, stables, tennis courts and much more. They designed the property in a Santa Fe style after falling in love with actor Gene Hackman’s Santa Fe home. They actually hired Hackman’s Santa Fe architect for the project which took years to kick off due to environmental concerns and permit restrictions. In 2013 they quietly listed the property for $42 million but did not find a buyer. Today this property alone is likely worth $50 – $70 million.In 2017 Will and Jada sold their 7-acre oceanfront compound in Kauai for $12 million. They bought the multi-home property in 2015 for $10 million. In 2011 they sold a different oceanfront Hawaiian property on 7-acres for $20 million to Ekaterina Rybolovlev, the daughter of billionaire Russian oligarch Dmitry Rybolovlev for $20 million.They also own a 9,000 square foot home located in a gated community Hidden Hills, California and a 9,200 square-foot ski chalet in Park City, Utah.

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