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Divorce of Karen Backfisch Olufsen with Husband Jim; Her Net Worth 2022

Divorce of Karen Backfisch Olufsen with Husband Jim; Her Net Worth 2022

Facts of Karen Backfisch Olufsen

Full Name: Karen Backfisch Olufsen
Gender: Female
Profession: Businesswoman
Country: United States
Horoscope: N/A
Height: 5 feet 5 inches (1.65m)
HusbandJim Cramer (m. 1988–2009)
Net Worth$1 Million
Salary$228 Thousand
Eye ColorDark Brown
Hair ColorBlonde
EducationState University of New York
KidsCece Cramer, Emma Cramer
View more / View less Facts of Karen Backfisch Olufsen

American TV panelist and businesswoman, Karen Backfisch Olufsen is popular throughout the world for being the former wife of American TV personality Jim Cramer. Also, she had worked for Michael Steinhardt’s hedge fund. Olufsen is the Co-founder of Metropolitan Capital Advisors, Inc as well.

What is Karen Backfisch Olufsen’s Nationality?

Born in the 1960s in the United States of America, Karen Backfisch Olufsen was raised in her hometown by her American parents. As of now, 62 years old.

Having American nationality, Karen belongs to the Caucasian ethnicity. Similarly, she follows the Christianity religion.

Where did Karen Backfisch Olufsen complete her education?

She completed her education at the State University of New York located in Stony Brook. After her graduation, she started working.

Love Story Between Karen and Jim

The love story between Karen and Jim started when they met for the first time at a bar located in Manhattan in January 2006. Lisa notices Jim during first interaction who frequently appears on-air talk shows at that time. They had a good conversation and set a mutual understanding between them.

Karen Backfisch Olufsen withb her ex-husband Jim
Caption: Karen Backfisch Olufsen with her ex-husband Jim (Photo: Getty Images)

Then she disclosed her past marriage and how she lost her third child due to cardiomyopathy. Also, Jim has two children from his previous marriage. In the following years, the couple went for a candlelight dinner in Manhattan, and after their date ended, Detwiller called a taxi and returned to her home. Karen went into the cab, then Jim messaged her where he said,

“Sometimes in life people who are special need to be told they are special.”

Karen Backfisch Olufse's ex-husband Jim with his present wife Lisa
Caption: Karen Backfisch Olufse’s ex-husband Jim with his present wife Lisa (Photo: Business Insider)

After two weeks, they again on a date, but this time they both were serious about expressing their love. Then Jim asked Lisa’s opinion on getting married twice. Later the couple decided to marry and got engaged afterward.

Divorce of Karen Backfisch Olufsen with Husband Jim

After the divorce, Karen Backfisch Olufsen is single. Previously, she was married to Jim Cramer. The former couple met while working in the same place. After dating a few years, they exchanged wedding vows in 1988. Their wedding ceremony is held between their family relatives and friends.

Karen Backfisch Olufse's ex-husband Jim with his present wife Lisa
Caption: Karen Backfisch Olufse’s ex-husband Jim with his present wife Lisa (Photo: Getty Images)

From their married life, the pair became parents of two daughters, Cece Cramer, and Emma Cramer. Finally, the couple ended their relationship after living together for 21 years in a marital bond. In the year 2009, they officially ended their relationship with a divorce. After the divorce Karen is living as a single mother taking care of her daughter.

Her Ex Present Wife

Karen’s ex-husband Jim Cramer is married to his second wife, Lisa Cadette Detwiler. His present wife Lisa a real estate agent in Brooklyn Heights. They exchanged wedding vows on 18th April 2015. Their wedding ceremony was held at the Liberty Warehouse in Brooklyn, New York City, NY. The couple is having a blissful married life together.

What is the Net Worth of Karen Backfisch Olufsen as of 2022?

Karen Backfisch Olufsen is living a luxurious life out of her earnings. She is working as a TV panelist and businesswoman. From her professional career, Karen Backfisch Olufsen has collected a net worth of $1 million as of 2022. Similarly, she has an annual salary of around 228k. Also, she earns a decent sum of money from her business venture. But her ex-husband Jim Cramer has a net worth of $100 Million.

Karen Backfisch Olufsen's ex-husband Jim posting for a photo sitting outside the racing car
Caption: Karen Backfisch Olufsen’s ex-husband Jim posting for a photo sitting outside the racing car (Photo: Autoblog)

Also, he made a personal gain of $2 Million from his different business ventures. He earned total earnings of $461,276 from his financial news magazine, The Street, Inc in 2009. Also, he raised $450 Million from which he received a profit of $5 Million with a 20% fee. Her ex-husband Jim owns a three-star hotel, DeBary Inn, in New Jersey worth $1.15 million. He resides in the 2,831 square-foot house worth $2.7 million which consists of 24 rooms altogether.

What is the height of Karen Backfisch Olufsen?

The blonde beauty Olufsen stands at a height of 5 feet 5 inches tall. She has dark brown eyes color with a body that weighs around 60 kg.


  • Olufsen started her career with Michael Steinhardt’s hedge fund with Jim Cramer.
  • She used to work as an assistant vice president at Lehman and help portfolio managers.
  • After working there, she moved on and started working for Cramer and Company. After her marriage, she ended her working career but established a business.
Karen Backfisch Olufsen's ex-husband Jim Cramer
Caption: Karen Backfisch Olufsen’s ex-husband Jim Cramer (Photo: CNBC)
  • Her ex-husband  James Cramer is an American television personality, and host of Mad Money on CNBC.
  • Also, he is a former hedge fund manager. Then he became a best-selling author and a co-founder of

FAQ of Karen Backfisch Olufsen

What ethnicity is Karen Backfisch Olufsen?

Karen belonged to the Caucasian ethnicity.

Who is Karen Backfisch Olufsen’s ex-husband?

Karen Backfisch Olufsen’s ex-husband is an American television personality and author Jim Cramer.

How much is Karen Backfisch Olufsen?

Karen Backfisch Olufsen’s net worth is estimated to be $1 million.