Karen Backfisch-Olufsen (Cramer), a Wall Street trader, is the former wife of television personality, Jim Cramer. After 21 years of marriage, the two divorced in 2009.
Karen Backfish-Olufsen graduated from the State University of New York at Stony Brook and went on to work at Lehman Brothers. She became an assistant vice president at Lehman, helping portfolio managers. She married Jim Cramer, host of CNBC's "Mad Money," in 1988, and that same year she decided to leave Lehmen Brothers and work for Jim Cramers fund, Cramer & Company. In 2009, the two divorced. They share two daughters, Emma and Cece Kramer. Jim Cramer later remarried Lisa Cadette Detwiler in 2015.