Karen Backfisch-Olufsen might be renowned for her profession as a successful businesswoman and a TV panelist. Still, she’s largely known as the ex-wife of American TV personality Jim Cramer. The couple has been together since 1988 but went on different paths due to personal reasons.

They also share two kids Emma Kramer and Cece Kramer. Here in the read below, we have all sorts of details on Karen’s personal life, from her net worth to her career and love life. 

What Is The Net Worth Collection of Karen Backfisch-Olufsen?

Karen Backfisch-Olufsen is undoubtedly one of those media personalities who’s managed to establish herself as a successful hedge fund manager and financial advisor. Having started her career with Michael Steinhardt’s hedge fund along with Jim Cramer, she’s come a long way in her career, gaining both professional and financial growth.

Karen Backfisch-Olufsen net worth is $1 million
Karen Backfisch-Olufsen enjoys a net worth in the millions.
Photo Source: Biography Tribune

The businesswoman remains tight-lipped about her net income now, but sources assume that the figure is well above $1 million. She’s expected to make an annual salary of $228,000 through her different income sources like business investments, hedge funds, and many more. In contrast, the lady’s former beau Cramer holds a hefty net worth of $150 million from his successful career.

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Further, Olufsen is also known to enjoy quite a luxurious lifestyle through her hard-earned income. At the moment, she’s the co-founder of Metropolitan Capital Advisors, Inc., a board member of the Michael J. Fox Foundation for Parkinson’s Research,’ a Montefiore Medical Center trustee, and a member of the board of GrafTech International.

Karen Backfisch-Olufsen Career Highlight

Before working as a hedge fund manager Karen Backfisch-Olufsen worked as the assistant to Lehman’s vice president. After that, she switched to work for Michael Steinhardt’s hedge fund with her future partner Jim Cramer.

karen backfisch-olufsen career
Karen Backfisch-Olufsen is also a successful journalist.
Photo Source: Relationship DB

Moreover, the household name also persuaded Karen to leave her job there and join his company, Cramer & Co. Together, they raised over $450 million in $5 million increments while receiving a 20% fee of the profits.

As of now, Jim has made a staggering net worth profile of $100 million throughout his overall career. While his partner Karen stayed in the shadows for most of her career, the entrepreneur constantly credited his success to the talented ex-wife.

Karen Backfisch-Olufsen Marriage, Divorce and Children

As aforementioned both Karen Backfisch-Olufsen and her partner, Jim Cramer, met each other due to work-related issues. They’ve both been there for each other in their hard times, pushing each other to gain professional success, and that’s how they ended up falling for each other.

Learn more about Karen Backfish-Olufsen and Jim Cramer’s relationship here.

 Karen Backfisch-Olufsen and her ex-husband Jim Cramer
Karen Backfisch-Olufsen and her ex-husband Jim Cramer. Photo Source: Biography Mask

The couple made things official in the court by tying the knot back in 1988. They share two kids, Cece Cramer and Emma Cramer, in their time together and divorced in 2009. However, Cramer claimed that Karen has two kids from his past affairs.

Similarly, Jim’s ex-wife went through a sad experience – her child from a previous marriage passed away because of a heart condition called cardiomyopathy.

What Is Karen Backfisch-Olufsen’s Current Relationship?

Since her divorce, Karen is reportedly living a single life and is likely focused on raising her two daughters, Emma and Cece, from her previous marriage to Cramer.

On the other hand, Cramer has moved on and married Lisa Cadette Detwiler in 2015. Lisa works as a real estate broker for Corcoran Group Real Estate in Brooklyn Heights. She has three children, Charlotte, Grace, and Will, from a previous marriage with an undisclosed ex-spouse.

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