Jim Cramer is an American television personality, best-selling author, and a former hedge fund manager, with an estimated net worth of $100 million dollars. Cramer is the host of CNBC's Mad Money and a co-founder and chairman of TheStreet.com, Inc. Cramer graduated magna cum laude from Harvard College obtaining a B.A. in government. Cramer began his business career as a journalist, working in a number of entry-level reporting jobs. During this time Cramer also worked for Governor Jerry Brown. In 1979 Cramer worked as one of the first reporters for American Lawyer, a monthly law magazine published by ALM. Cramer earned a Juris Doctor degree from Harvard Law School, working as a research assistant for Alan Dershowitz. Cramer's goal was to become a prosecutor but he was denied employment because his law school grades were not good enough. Cramer eventually passed the bar and joined the New York State Bar Association in 1985. During law school, Cramer began to invest in the stock market. The New Republic owner Martin Peretz was impressed with Cramer's stock picks and gave him money to invest for his company. In 1984 Cramer became a stock broker for Goldman Sachs. Cramer became the host of CNBC's Mad Money which first aired in 2005, the show provides viewers with tools and knowledge to become a better investor. On March 12, 2009, Jon Stewart interviewed Cramer on The Daily Show, taking him to task for his investing advice and show format. Cramer is an advisor and market commentator for the TheStreet.com, and is its second largest shareholder.
