Karen Backfisch-Olufsen has gained much limelight at present. The name might seem a little unknown to you. However, if we introduce has as the former wife of Jim Cramer, then she might not seem so distant for you.
Jim gained huge fame as one of the most prominent TV host, author, and former hedge fund manager. He is most renowned for his role as the anchor of Squawk on the Street and as the host of Mad Money on CNBC.
Speaking about Karen, you must also know that she is currently a TV panellist and businesswoman. In fact, she is doing great in her job at the age of 58 years.
Therefore, it is obvious that she has come out of the shadows of her former husband and has made a name for herself. If you wish to know more about her, then you should go through this article.
About Her
Karen Backfisch-Olufsen, an American citizen, was born in the United States on February 25, 1965. She is 58 years old and of Caucasian descent. Not much is known about her early life, including her birthplace and parental details.
She has two siblings, Mark and Wendy, with Mark working in commercial mortgage securities and Wendy being an Academy Award-winning film producer.
She graduated from Stony Brook State University in New York and pursued Economics at Wharton, completing her degree in 1987. She stands at 5 feet 5 inches, weighs 52 kg, has hazel eyes, and chestnut hair. Speaking about her physique, she maintains a slim and toned physique, though her exact body weight is undisclosed.
Karen Backfisch-Olufsen Career
After completing her education at the University of New York, Karen embarked on her career by collaborating with Jim Cramer on Michael Steinhardt’s speculative stock ventures.
Additionally, she held roles as a portfolio director and associate vice president at Lehman. Her relationship with Jim evolved from coworkers and creators at Cramer Berkowitz to marriage partners, and they continued working together at Cramer and Company.
Karen-Cramer Relationship
In 1988, Karen Backfisch graduated from Wharton and subsequently joined Michael Steinhardt’s hedge fund. A year later, she married Jim Cramer, a well-known television personality famous for hosting Mad Money on CNBC and anchoring Squawk on the Street.
Cramer, with a Harvard education, had a background that included working at Goldman Sachs, founding Cramer Berkowitz, and being an author of several books.
Before deciding to marry, Jim and Karen reportedly dated for nearly five years. Their marriage thrived from the 1990s through the early to mid-2000s, during which they were very close.
However, their relationship faced challenges in the late 2000s, leading to their separation in 2009 after 21 years of marriage. The couple chose to keep the details of their divorce private, leaving the reason for their separation undisclosed to the public.
Jim has since moved on and married real estate dealer Lisa Cadette Detwiler, while Karen’s personal life remains less public, and it’s unclear if she has remarried.
You must know here that the couple had two daughters during their marriage, named Cece and Emma Kramer. These two siblings maintain private lives, and little is known about their early years or their current activities.
What Does She Do Now?
You must know here that she began her career at Michael Steinhardt’s hedge fund, where she would later marry and spend 21 years with him. She also served as an associate vice president at Lehman, assisting the portfolio manager after her time at the hedge fund.
Later in her career, she became a prominent figure by joining the panel of CNBC’s Fast Money, gaining recognition for her appearances on the financial stock trading show and her marriage to Jim Cramer.
Currently, Karen Backfisch-Olufsen is known for her roles as a trustee for the Montefiore Medical Centre, a director of GrafTech International, and her involvement with the Michael J. Fox Foundation for Parkinson’s Research. She co-founded Metropolitan Capital Advisors, Inc. and holds the position of vice president at Lehman.
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