Jim Cramer is one of the famous personalities of Television, who was born on 10th February 1955. He was a Manager of the hedge fund and Co-founder of TheStreet.com. He is also a best-selling author. He has done B.A from Harvard College and during that time, he started showing his interest in journalism. He was born in Jewish Family in Wyndmoor, Pennsylvania. At the age of 11, he sold ice creams, just to make money. His first book was "Confessions of a Street Addict". After that, he wrote many books on various topics like “Sane Investing in an Insane World”, “Watch TV, Get Rich" by Jim and Cliff Mason” etc. His famous television show is known as Mad Money with Jim and is aired on CNBC.

Personal Life

In 1988, while working for Michael Steinhardt’s hedge fund, he met Karen Backfisch-Olufsen. Both fell in the love and got married, the same year. After their marriage, they decided to leave Michael Steinhardt’s and started working for Cramer and Co. They both supported each other, and he portrays his wife Karen as the world’s best wife. She helped her husband at the time of his popularity demise and stood beside him in every problem. In his book, he mentioned that his wife is aspiring to be a stock broker. He is very emotional about stocks, he has taken a few wrong decisions. However, his wife is always there and stood by his side and guided him. Her advice makes him strong and also helps him to recover from downfall.

In 1999, they were not allowed to convert their driveway to a yard from the zoning board. They sold their house in New Jersey and bought a new house. In his every book, he gave the credit to his wife for all the success, he achieved in his life. There were times even when he lost all his money. Karen was the only motivating factor for his husband. She is the perfect soul mate for him (made for each other).

There were rumors about the divorce of Jim, but the rumors proved to be false. It is well-known fact that there are many jealous people in the TV industry, who try to insult the people who are very successful. Thus, Jim can be considered as a victim of success. Thus, some people are wanting to break down the progress Jim is making and thus, spreading the news of his divorce and also saying that she had cheated on him for the sake of money, among other things. They complimented each other very well and Jim’s success has been credited to his tough and intelligent wife.


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