{"id":654,"date":"2025-09-21T20:37:17","date_gmt":"2025-09-21T20:37:17","guid":{"rendered":"https:\/\/sportsumup.com\/blog\/?p=654"},"modified":"2025-09-21T20:37:20","modified_gmt":"2025-09-21T20:37:20","slug":"karen-backfisch-olufsen","status":"publish","type":"post","link":"https:\/\/sportsumup.com\/blog\/karen-backfisch-olufsen\/","title":{"rendered":"Karen Backfisch-Olufsen: The Trading Strategist Behind Wall Street"},"content":{"rendered":"\n<p><strong>Karen Backfisch-Olufsen<\/strong> built her career as a skilled <strong>hedge fund trader<\/strong> during <strong>Wall Street&#8217;s<\/strong> most turbulent decade. Born on <strong>February 25, 1965<\/strong>, she worked at <strong>Steinhardt Partners<\/strong> before co-founding <strong>Cramer &amp; Co.<\/strong> with <strong>Jim Cramer<\/strong>. Her independent success in <strong>institutional trading<\/strong> and <strong>risk management<\/strong> shaped modern trading strategies beyond her connection to the TV personality.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/sportsumup.com\/blog\/karen-backfisch-olufsen\/#Karen_Backfisch-Olufsen_BioWiki\" >Karen Backfisch-Olufsen Bio\/Wiki<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/sportsumup.com\/blog\/karen-backfisch-olufsen\/#Educational_and_Early_Career_Foundation\" >Educational and Early Career Foundation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/sportsumup.com\/blog\/karen-backfisch-olufsen\/#Karen_Backfisch-Olufsen_Professional_Partnership_with_Jim_Cramer\" >Karen Backfisch-Olufsen Professional Partnership with Jim Cramer<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/sportsumup.com\/blog\/karen-backfisch-olufsen\/#Trading_Methodologies_and_Market_Prediction\" >Trading Methodologies and Market Prediction<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/sportsumup.com\/blog\/karen-backfisch-olufsen\/#Karen_Backfisch-Olufsen_Marriage_and_Family_Decisions\" >Karen Backfisch-Olufsen Marriage and Family Decisions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/sportsumup.com\/blog\/karen-backfisch-olufsen\/#Divorce_Settlement_and_Financial_Independence\" >Divorce Settlement and Financial Independence<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/sportsumup.com\/blog\/karen-backfisch-olufsen\/#Current_Professional_Activities\" >Current Professional Activities<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/sportsumup.com\/blog\/karen-backfisch-olufsen\/#Family_and_Privacy\" >Family and Privacy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/sportsumup.com\/blog\/karen-backfisch-olufsen\/#Industry_Recognition_and_Legacy\" >Industry Recognition and Legacy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/sportsumup.com\/blog\/karen-backfisch-olufsen\/#Financial_Analysis\" >Financial Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/sportsumup.com\/blog\/karen-backfisch-olufsen\/#FAQs_About_Karen_Backfisch-Olufsen\" >FAQ\u2019s About Karen Backfisch-Olufsen<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/sportsumup.com\/blog\/karen-backfisch-olufsen\/#Who_is_Karen_Backfisch-Olufsen\" >Who is Karen Backfisch-Olufsen?&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/sportsumup.com\/blog\/karen-backfisch-olufsen\/#What_was_her_role_at_Cramer_Co\" >What was her role at Cramer &amp; Co.?&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/sportsumup.com\/blog\/karen-backfisch-olufsen\/#What_is_her_current_net_worth\" >What is her current net worth?&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/sportsumup.com\/blog\/karen-backfisch-olufsen\/#Where_are_her_daughters_now\" >Where are her daughters now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/sportsumup.com\/blog\/karen-backfisch-olufsen\/#What_boards_does_she_serve_on\" >What boards does she serve on?&nbsp;<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Karen_Backfisch-Olufsen_BioWiki\"><\/span><strong>Karen Backfisch-Olufsen Bio\/Wiki<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Full Name<\/strong><\/td><td>Karen Backfisch-Olufsen<\/td><\/tr><tr><td><strong>Birth Date<\/strong><\/td><td>February 25, 1965<\/td><\/tr><tr><td><strong>Profession<\/strong><\/td><td>Former hedge fund trader, board member<\/td><\/tr><tr><td><strong>Notable Positions<\/strong><\/td><td>Vice President at Lehman Brothers, Co-founder of Metropolitan Capital Advisors<\/td><\/tr><tr><td><strong>Children<\/strong><\/td><td>Cece Cramer, Emma Cramer<\/td><\/tr><tr><td><strong>Net Worth<\/strong><\/td><td>Estimated $1 million (as of 2019)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Educational_and_Early_Career_Foundation\"><\/span><strong>Educational and Early Career Foundation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Karen Backfisch-Olufsen&#8217;s<\/strong> educational background remains private, with her first documented role at <strong>Michael Steinhardt&#8217;s hedge fund<\/strong> in the 1980s. <strong>Steinhardt Partners<\/strong> was among the most respected <strong>financial sector<\/strong> firms of that era, known for aggressive strategies and exceptional returns.<\/p>\n\n\n\n<p>Landing this position required exceptional skills in <strong>market dynamics<\/strong> and analytical thinking. The <strong>hedge fund trading<\/strong> environment demanded rapid-fire decisions and high-stakes investments. Her ability to secure this role demonstrates natural aptitude for financial markets.<\/p>\n\n\n\n<p>Reports from former colleagues suggest she possessed intuitive market pattern recognition that balanced more volatile trading approaches. This foundation proved crucial for her later independent success.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Karen_Backfisch-Olufsen_Professional_Partnership_with_Jim_Cramer\"><\/span><strong>Karen Backfisch-Olufsen Professional Partnership with Jim Cramer<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"538\" src=\"https:\/\/sportsumup.com\/blog\/wp-content\/uploads\/2025\/09\/karen-backfisch-olufsen-professional-partnership-with-jim-cramer.jpg\" alt=\"Karen Backfisch-Olufsen Professional Partnership with Jim Cramer\" class=\"wp-image-688\" srcset=\"https:\/\/sportsumup.com\/blog\/wp-content\/uploads\/2025\/09\/karen-backfisch-olufsen-professional-partnership-with-jim-cramer.jpg 1024w, https:\/\/sportsumup.com\/blog\/wp-content\/uploads\/2025\/09\/karen-backfisch-olufsen-professional-partnership-with-jim-cramer-300x158.jpg 300w, https:\/\/sportsumup.com\/blog\/wp-content\/uploads\/2025\/09\/karen-backfisch-olufsen-professional-partnership-with-jim-cramer-768x404.jpg 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Karen Backfisch-Olufsen and Jim Cramer at Gotham Magazine&#8217;s Eighth Annual Gala at Rainbow Room during their marriage (L). Image Source: Getty<\/figcaption><\/figure>\n\n\n\n<p><strong>Karen Backfisch-Olufsen<\/strong> and <strong>Jim Cramer<\/strong> first collaborated at <strong>Steinhardt Partners<\/strong> in the mid-1980s. Their professional relationship began as two ambitious traders navigating <strong>Wall Street&#8217;s<\/strong> competitive landscape. <strong>Cramer<\/strong> has publicly acknowledged her superior trading instincts, particularly her market downturn predictions.<\/p>\n\n\n\n<p>In a 2002 <a href=\"https:\/\/nymag.com\/nymetro\/news\/bizfinance\/columns\/bottomline\/5966\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>New York Magazine<\/strong><\/a> interview, <strong>Cramer<\/strong> stated: &#8220;I realized that not only could prices not be predicted, they were fixed every day by a process that combined luck and promotion and could only be gamed by someone much tougher and smarter intellectually than I was. That someone turned out to be Karen Backfisch.&#8221;<\/p>\n\n\n\n<p>When <strong>Cramer<\/strong> established <strong>Cramer &amp; Co.<\/strong> in 1987, <strong>Backfisch-Olufsen<\/strong> joined as chief <strong>trading strategist<\/strong>. The timing coincided with the <strong>October 1987 market crash<\/strong>, known as <strong>Black Monday<\/strong>. She had predicted this crash, demonstrating analytical capabilities beyond conventional market wisdom.<\/p>\n\n\n\n<p><strong>Read Also: <a href=\"https:\/\/sportsumup.com\/blog\/rachel-glandorf-mccoy\/\" target=\"_blank\" rel=\"noreferrer noopener\">Rachel Glandorf McCoy: Multi-Talented Athlete &amp; NFL Star Colt McCoy\u2019s Wife<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Trading_Methodologies_and_Market_Prediction\"><\/span><strong>Trading Methodologies and Market Prediction<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Backfisch-Olufsen<\/strong> developed the <strong>flow trading strategy<\/strong> that became central to <strong>Cramer &amp; Co.&#8217;s<\/strong> operations. This technique involved capitalizing on large <strong>institutional sell-offs<\/strong> by purchasing shares at temporarily depressed prices and redistributing them as market demand recovered.<\/p>\n\n\n\n<p>Her approach to <strong>market intelligence<\/strong> involved cultivating <strong>Wall Street<\/strong> relationships and spreading commissions among multiple brokers to access valuable information. This network provided trading advantages through superior information flow.<\/p>\n\n\n\n<p><strong>Cramer<\/strong> referred to her as &#8220;the Trading Goddess&#8221; according to<a href=\"https:\/\/www.newyorker.com\/magazine\/2002\/05\/20\/exile-on-wall-street\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"> New Yorker Magazine<\/a>, crediting her analytical skills with the fund&#8217;s success during volatile market periods.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Karen_Backfisch-Olufsen_Marriage_and_Family_Decisions\"><\/span><strong>Karen Backfisch-Olufsen Marriage and Family Decisions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"538\" src=\"https:\/\/sportsumup.com\/blog\/wp-content\/uploads\/2025\/09\/karen-backfisch-olufsen-marriage-and-family-decisions.jpg\" alt=\"Karen Backfisch-Olufsen Marriage and Family Decisions\" class=\"wp-image-689\" srcset=\"https:\/\/sportsumup.com\/blog\/wp-content\/uploads\/2025\/09\/karen-backfisch-olufsen-marriage-and-family-decisions.jpg 1024w, https:\/\/sportsumup.com\/blog\/wp-content\/uploads\/2025\/09\/karen-backfisch-olufsen-marriage-and-family-decisions-300x158.jpg 300w, https:\/\/sportsumup.com\/blog\/wp-content\/uploads\/2025\/09\/karen-backfisch-olufsen-marriage-and-family-decisions-768x404.jpg 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Jim Crammer ex-husband of Karen Backfisch. Image source: @jimcramer<\/figcaption><\/figure>\n\n\n\n<p><strong>Backfisch-Olufsen<\/strong> married <a href=\"https:\/\/en.wikipedia.org\/wiki\/Jim_Cramer#\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>Jim Cramer<\/strong><\/a> in 1988, combining personal and professional lives during the <strong>hedge fund boom<\/strong>. They welcomed daughters <strong>Cece Cramer<\/strong> and <strong>Emma Cramer<\/strong>, establishing roots in <strong>Summit, New Jersey<\/strong> with a <strong>$2.375 million<\/strong> home purchase in 1999.<\/p>\n\n\n\n<p>She stepped back from active trading around 1991 following their first daughter&#8217;s birth. This decision reflected the challenging balance between demanding financial careers and parenting responsibilities, particularly for women in finance during that era.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Divorce_Settlement_and_Financial_Independence\"><\/span><strong>Divorce Settlement and Financial Independence<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The 2009 divorce concluded their 21-year marriage with a settlement recognizing her contributions to their financial success. <strong>Cramer<\/strong> disclosed details during <a href=\"https:\/\/www.youtube.com\/watch?v=FEpwnqWTwus\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>The Pomp Podcast<\/strong><\/a>, explaining his decision to transfer the majority of trading profits to his ex-wife.<\/p>\n\n\n\n<p>The settlement included their <strong>Summit, New Jersey<\/strong> mansion, which <strong>Cramer<\/strong> sold to <strong>Backfisch-Olufsen<\/strong> for <strong>$1<\/strong>. When she sold the property in 2019 for <strong>$3.675 million<\/strong>, it represented <strong>$1.3 million<\/strong> appreciation from the original purchase price.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Current_Professional_Activities\"><\/span><strong>Current Professional Activities<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Backfisch-Olufsen<\/strong> maintains board positions at <strong>GrafTech International<\/strong> and serves as trustee of <strong>Montefiore Medical Center<\/strong>. She also holds a board position with the <strong>Michael J. Fox Foundation for Parkinson&#8217;s Research<\/strong>, combining philanthropic interests with research funding expertise.<\/p>\n\n\n\n<p>Previously, she served as vice president at <strong>Lehman Brothers<\/strong> and co-founded <strong>Metropolitan Capital Advisors, Inc.<\/strong>, maintaining connections to the <strong>investment management<\/strong> industry.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Family_and_Privacy\"><\/span><strong>Family and Privacy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Since 2009, <strong>Backfisch-Olufsen<\/strong> has maintained a <strong>low public profile<\/strong>, avoiding interviews and public appearances. <a href=\"https:\/\/www.linkedin.com\/in\/emma-cramer-85305a324\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>Emma Cramer<\/strong><\/a> graduated from <strong>Tulane University<\/strong> in 2016, later studying at <strong>Parsons School of Design<\/strong> before establishing her business <strong>Folds<\/strong> in 2023.<\/p>\n\n\n\n<p><strong>Cece Cramer<\/strong> maintains an even lower public profile. Both daughters appear raised with understanding of privacy&#8217;s value despite their father&#8217;s television career.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Industry_Recognition_and_Legacy\"><\/span><strong>Industry Recognition and Legacy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A 1989<a href=\"https:\/\/fortune.com\/2012\/11\/21\/are-these-the-new-warren-buffetts\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"> <strong>Fortune Magazine<\/strong><\/a> article compared the <strong>Backfisch-Olufsen<\/strong> and <strong>Cramer<\/strong> partnership favorably to <strong>Warren Buffett<\/strong>, noting their trading effectiveness despite opposite investment philosophies. This comparison highlighted how their combined approach achieved industry respect.<\/p>\n\n\n\n<p>Her career offers insights into <strong>gender dynamics in finance<\/strong> when few women held senior trading positions. Her success demonstrated trading excellence beyond traditional barriers, helping establish pathways for future women in finance.<\/p>\n\n\n\n<p><strong>Read More: <a href=\"https:\/\/sportsumup.com\/blog\/lupe-marinez-izzo\/\" target=\"_blank\" rel=\"noreferrer noopener\">Lupe Marinez Izzo: The Woman Behind Michigan State\u2019s Basketball Legacy<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Financial_Analysis\"><\/span><strong>Financial Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Backfisch-Olufsen&#8217;s<\/strong> estimated <strong>net worth<\/strong> of <strong>$1 million<\/strong> as of 2019 likely understates her financial position given the divorce settlement and real estate gains. Her <strong>Summit, New Jersey<\/strong> property appreciation provided substantial returns combined with favorable acquisition terms.<\/p>\n\n\n\n<p>Her board positions and <strong>Metropolitan Capital Advisors<\/strong> involvement suggest ongoing income streams beyond the divorce settlement. These roles typically provide compensation and networking opportunities for additional investments.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs_About_Karen_Backfisch-Olufsen\"><\/span><strong>FAQ\u2019s About Karen Backfisch-Olufsen<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Who_is_Karen_Backfisch-Olufsen\"><\/span>Who is Karen Backfisch-Olufsen?&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A former <strong>hedge fund trader<\/strong> who worked at <strong>Steinhardt Partners<\/strong> and co-founded <strong>Cramer &amp; Co.<\/strong> Known for <strong>trading strategies<\/strong> and market predictions during the 1980s-1990s.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_was_her_role_at_Cramer_Co\"><\/span>What was her role at Cramer &amp; Co.?&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>She served as chief <strong>trading strategist<\/strong> and was credited with predicting the <strong>1987 market crash<\/strong>. <strong>Jim Cramer<\/strong> called her &#8220;the Trading Goddess&#8221; for her analytical abilities.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_her_current_net_worth\"><\/span>What is her current net worth?&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Estimated at <strong>$1 million<\/strong> as of 2019, though this may not reflect her full financial position given her divorce settlement and investments.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Where_are_her_daughters_now\"><\/span>Where are her daughters now?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>Emma Cramer<\/strong> graduated from <strong>Tulane University<\/strong> and established <strong>Folds<\/strong> business in 2023. <strong>Cece Cramer<\/strong> maintains a private profile.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_boards_does_she_serve_on\"><\/span>What boards does she serve on?&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>GrafTech International, Montefiore Medical Center as trustee, and the Michael J. Fox Foundation for Parkinson&#8217;s Research.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karen Backfisch-Olufsen built her career as a skilled hedge fund trader during Wall Street&#8217;s most turbulent decade. Born on February<\/p>\n","protected":false},"author":2,"featured_media":687,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-biographies","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33","resize-featured-image"],"_links":{"self":[{"href":"https:\/\/sportsumup.com\/blog\/wp-json\/wp\/v2\/posts\/654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sportsumup.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sportsumup.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sportsumup.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sportsumup.com\/blog\/wp-json\/wp\/v2\/comments?post=654"}],"version-history":[{"count":2,"href":"https:\/\/sportsumup.com\/blog\/wp-json\/wp\/v2\/posts\/654\/revisions"}],"predecessor-version":[{"id":690,"href":"https:\/\/sportsumup.com\/blog\/wp-json\/wp\/v2\/posts\/654\/revisions\/690"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sportsumup.com\/blog\/wp-json\/wp\/v2\/media\/687"}],"wp:attachment":[{"href":"https:\/\/sportsumup.com\/blog\/wp-json\/wp\/v2\/media?parent=654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sportsumup.com\/blog\/wp-json\/wp\/v2\/categories?post=654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sportsumup.com\/blog\/wp-json\/wp\/v2\/tags?post=654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}