Karen Backfisch Olufsen is an American television panelist and businesswoman, also known as the ex-wife of American television personality, Jim Kramer. She was born on February 25, 1965, in the United States of America. Karen Backfisch-Olufsen is of pure Caucasian descent as well as American by nationality.
She has two siblings named Wendy Finerman and Mark Finerman. Wendy is an American film producer of several films and also an Academy Award Winner for Best Picture. Mark on the other hand runs commercial mortgage securities at Greenwich Capital.
Karen Backfisch Olufsen is also known as Karen Finerman is not just an American TV panelist, she is also a trustee of the Montefiore Medical Center and a member of the board of GrafTech International. Karen is also the vice president of ‘Lehman’.
Even further, she is the Co-founder of Metropolitan Capital Advisors, Inc., and a board member of the ‘Michael J. Fox Foundation for Parkinson’s Research’. Known for balance sheet scrutiny, M&A arbitrage, value investing, sense of humor.
Karen Backfisch-Olufsen Age
As stated earlier, she was born on February 25, 1965, in the United States of America. It is safe to say that as of the day of writing this article, Karen Backfisch-Olufsen is 56 years old of age.
Karen Backfisch-Olufsen who is also known as Karen Finerman is a pretty blonde who is 5 feet 5 inches tall with dark brown hazel eyes and weighs about 50 kg of slim and lean body physique. We know little about her early life such as her father being a football trainer and her mother, a seller. She was brought up by her parents in her hometown.
Early Life and Education of Karen Backfisch-Olufsen
Growing up, Karen Backfisch-Olufsen played a major part in her school’s baseball team, she was also quite enthusiastic about playing basketball and badminton.
Asides from being good in sports, her hobbies included music and dance hip hop. She had always loved the TV and celebrity lifestyle as her childhood heroes were Matthew Perry and Michael Jackson.
Karen completed her tertiary education at the State University of New York at Stony Brook, got a B.S. in economics from Wharton in 1987, after which
She kicked off her career working with Michael Steinhardt’s hedge fund with her then-husband, Jim Cramer.
Backfisch-Olufsen also worked as an assistant vice president at Lehman and helping portfolio manager. Her ex-husband at the time was a manager and founder at the same time a senior partner of Cramer Berkowitz all while he and Karen worked for the hedge fund.
After which the love birds tied the knots and started working for Cramer and Company.
Karen Backfisch-Olufsen was also a panelist on Fast Money, which is an American financial stock trading talk show that aired on CNBC.
Karen Backfisch-Olufsen and her Former Husband, Jim Cramer
Their romance started at a bar in Manhattan in January 2006, when they met for the first time. Karen and Jim instantly clicked and it was as though they had known each other for decades.
She opened up to him about her previous marriage and how cardiomyopathy was the cause of her child’s death. Jim in turn told her about his two children from his previous marriage.
The former couple went on a subsequent warm date in Manhattan after which Jim called Karen a cab and on her way home he sent her a message which read, “Sometimes in life people who are special need to be told they are special.”
Two weeks later, they yet again went on another date. This time it was love, love, and love. Jim expressed his interest in them bonding together in marriage. Eventually, they both agreed and got engaged.
After 5 years of dating, the Cramer couple got married in 1988 and added two daughters, Cece and Emma Kramer, to their happy family.
The couple eventually ended their union 21 years later. In the wake of 2009, a divorce was filed and they both parted ways.
The reason for Jim and Karen’s divorce is unknown as they both have chosen not to speak about it. After that, the businesswoman went under the radar. This seems to be a particular trend for ex-wives who have soft spots for their fellow ex-husbands.
As their marriage ended, so did Karen’s working career. But she successfully dove into the world of business and entrepreneurship.
Shortly after, Jim started seeing a new lady, Lisa Detwiler, and in 2015 the two tied the knots in the Brooklyn part of New York.
Karen Backfisch-Olufsen net worth
The official net worth of the businesswoman and entrepreneur is unknown as she has chosen not to disclose it. But according to some research, Karen’s average income ranges from $34,392 – $75,076.
Karen Backfisch-Olufsen has gotten a net worth of $500,000 from her professional career and earns a fine sum of money from her business ventures. All in all, her estimated annual salary is around $228k, making her estimated net worth to fall around $1 million.
Jim Cramer is one of the popular personalities in the TV industry. He was born in 1955 into a Jewish family and at the age of 11 his entrepreneurial genes kicked in. Young Jim started selling frozen yogurt just to earn a dollar.
He went to Harvard University and graduated with a B.A, showing some great talent and enthusiasm in the journalism and reporting department.
Being a talented and sought-after creator, Cramer became an administrator of Hedge reserve and he was the main supporter and co-founder for TheStreet.com.
Karen’s ex is the author of so many best-selling books, the main one he wrote was Confession of a Street Addict. Following its success, he went further and wrote several books in different genres such as Sane Investing in Insane World and Watch TV, Get Rich.
Jim was also a famous TV moderator for CNBC’s Mad Money with Jim. Lisa Cadette Detwiler, his new wife, was the specialist inland.
Jim Cramer Net Worth
Karen’s ex, Jim Cramer, has an estimated net worth of $100,000,000. From his business venture, he has made personal earnings of $2,000,000. In 2009, his financial news magazine, The Street Inc., earned him $461,276.
Jim also earned a profit of $5 Million with a 20% fee from the $450,000,000 he raised. He lives in a 2,831 square foot house which is worth $2.7 million that consists of a total of 24 rooms, not to mention DeBary Inn, the three-star hotel he owns in New Jersey, which is worth $1.15 million.
Now that is some rich dude!
Lisa Cadette Detwiler
Lisa is a real estate agent who is popularly known as the second wife of A-List Television personality and CNBC’s Mad Money host, Jim Carter.
She is an American by nationality born in 1965, in New York City, the United States of America.
At the time, Lisa’s dad worked for J.P. Morgan in Manhattan while her mother was an English teacher. Jim’s second wife got her Bachelor’s Degree in Biology from Trinity College located in Hartford, with genetics as her field of specialty.
Like Karen Backfisch-Olufsen, Lisa and Jim met in Manhattan but this time it was arranged by a mutual friend of theirs. Even though they had something in common, which is the fact that they were both divorcees, Lisa was a bit hesitant to go out with him because of his dramatic on-air-personality behaviors.
She finally fell for him when he expressed the other side of him, which was not TV-related. This is what Lisa said about him, “I didn’t really care about him as a TV person, but he was so well versed on so many different topics. He had wonderful life experiences to share. And most of all, he placed his children above everything else in life. And after all, I had been through, that really hit home with me.”
They finally had a wonderful wedding ceremony on the 18th of April 2015 which was officiated by their friend, architect Aran Yardeni.
The real estate agent is earning a fine salary from her profession. Combined with the perks of marrying a hotshot celebrity TV personality, it is said that Lisa has an estimated net worth of $2 Million.
Cece Cramer and Emma Cramer, The Children of Karen Backfisch-Olufsen
Cece and Emma Cramer are the two daughters of divorced parents Karen Backfisch-Olufsen and Jim Cramer. Not much is known about them but we will be sure to keep you updated on any news regarding them.
Karen backfisch-Olufsen CNBC
cnbcfix.com gave Karen Backfisch-Olufsen the following professional description:
“Karen Backfisch-Olufsen was the Chairwoman of “Fast Money,” a financial pioneer, a generous donor to charities. Born Feb. 25, 1965. Grew up in Southern California; B.S. in economics from Wharton, 1987.
Karen Backfisch-Olufsen was a trader for First City Capital and joined risk arbitrage at Donaldson, Lufkin & Jenrette. She co-founded Metropolitan Capital Advisors in 1992.
According to Guardian, she was one of the first women to run a hedge fund, pre-2008 crisis reportedly earned $5 million a year, worth $100 million.
She was very active in Parkinson’s research, on board of Michael J. Fox Foundation; with her husband, “fairly active politically.” Karen Backfisch-Olufsen replaced Eric Bolling as a panelist on “Fast Money.”
She was known for balance sheet scrutiny, M&A arbitrage, value investing, and a good sense of humor. Karen Backfisch-Olufsen was described as “brilliant” by Jeff Macke, her former colleague, and “gorgeous” by former colleague Dylan Ratigan.
Married to Lawrence Golub, A.B., economics, Harvard, 1980; MBA & J.D., Harvard, 1984, money manager and friend of Eliot Spitzer, (“tall, dark-haired, smart-dressing executive.”) Metropolitan Capital hired Spitzer’s wife, Silda Wall Spitzer, October 2008.
Karen Backfisch-Olufsen made a large gift to Harvard Stem Cell Institute in 2006. In order to establish Golub Stem Cell Initiative for Parkinson’s disease, she also donated $500,000 to the New York Stem Cell Foundation in 2011. Karen Finerman is the sister of Hollywood producer Wendy Finerman.”