Check Out More Diversifying Articles About Celebrities' Personal Life AtMarried Celeb!!! Cramer then went to Harvard College where he graduated magna cum laude with a Bachelor of Arts in government in 1977. "[76][77] When the transcript from the August 7, 2007, meeting of the Federal Reserve Open Markets Committee was subsequently released on August 28, 2007,[78] it showed that Cramer's comments elicited laughter from participants during a comment from Dennis Lockhart, president, and CEO of the Federal Reserve Bank of Atlanta. Cramer raised $450 million in $5 million increments and received a fee of 20% of the profits he generated. She is definitely best known to the world for her significant presence in the media thanks to her close business and romantic relationship with her now ex-husband Jim Cramer - a TV personality, hedge fund manager and best-selling author who gets a major part of his fame from being the host of CNBC's "Mad Money". James Joseph Cramer, popularly known as Jim Cramer, is an American television personality who was born in Wyndmoor, Pennsylvania, on February 10, 1955. [3] However, according to their public statements about each other, or the lack thereof, they seem to have stayed business associates and friends regardless of their ultimately failed marriage. James J. Cramer (born February 10, 1955) is an American television personality, and host of Mad Money on CNBC. Cramers daughters also are also big fans of Apple products and like streaming Netflix videos. "[30], Cramer has also made appearances on Today, NBC Nightly News, Live with Regis and Kelly, Cheap Seats, Late Night with Conan O'Brien, The Tonight Show with Jay Leno, Late Show with David Letterman, Jimmy Kimmel Live! Jim Cramer married to Lisa Cadette Detwiler in 2015. His net worth has been growing significantly in 2021-2021. Within the year, the couple dedicated to taking their romance to the next level and after a few months of romance, they finally got married in 1988. [40][41] Cramer said this practice, although illegal, is easy to do "because the SEC doesn't understand it. Interestingly, the co-founder of 'TheStreet.com' is a married man right now. Boyfriend List, Datin Who is YouTuber AlbertsStuff? Olufsen isnt as well known as Cramer. A study done by Wharton researchers Jonathan Hartley and Matthew Olson found that in the timeframe of August 2001 to March 2016, Cramers charitable trust underperformed the S&P 500 primarily as a result of underexposure to market returns in years after the 2008 financial crisis. She ultimately left Phoenix and joined the Corcoran Group Real Estate, headquartered in Brooklyn Heights. And the Fed is asleep. When the transcript from the August 7, 2007 meeting of the Federal Reserve Open Markets Committee was subsequently released on August 28, 2007, it showed that Cramers comments elicited laughter from participants during a comment from Dennis Lockhart, president, and CEO of the Federal Reserve Bank of Atlanta. She later joined Brooklyn Heights-based Corcoran Group Real Estate. Not many of Jim Cramer's fans realize the intimate detail that the former hedge fund investor is a divorcee who saw his love life fail miserably. People may receive compensation for some links to products and services on this website. Cramer said, A lot of times when I was short at my hedge fund When I was positioned shortmeaning I needed it downI would create a level of activity beforehand that could drive the futures. He also encouraged hedge funds to engage in this type of activity because it is a very quick way to make money.. Im not entirely sure what hes pointing to make some of the statementsYou can go back and look at any number of statements hes made in the past about the economy and wonder where some of the back-ups for those are, too., On March 5, 2009, Cramer responded to the White House, saying, Backup? [15], In 1984, Cramer received a Juris Doctor degree from Harvard Law School. In August 2019, TheMaven acquired the company for $16.5 million. Look at the incredible decline in the stock market, in all indices, since the inauguration of the president, with the drop accelerating when the budget plan came to light because of the massive fear and indecision the document sowed: Raising taxes on the eve of what could be a second Great Depression, destroying the profits in healthcare companies, tinkering with the mortgage deduction at a time when U.S. house price depreciation is behind much of the world's morass and certainly the devastation affecting our banks, and pushing an aggressive cap and trade program that could raise the price of energy for millions of people." In August 2019, TheMaven acquired the company for $16.5 million.[26]. Wooyoung (ATEEZ) Age, Height. He is the host of Mad Money on CNBC, and an anchor on Squawk on the Street. However, the 67-year-old wasn't lucky enough to have a clean sheet on his record with marriages. [33] Stewart reiterated earlier claims regarding the CNBC host's "silly and/or embarrassing and/or stupid financial observations. [75] Cramer said of the Fed Committee, "They're nuts. In 2001, Cramer retired from managing the hedge fund. Even with her help, the job totally overwhelmed me. Initially, Cramer was married to Karen Backfisch-Olufsen in 1988. His license to practice law was suspended on April 2, 2009, for failure to renew his registration. Cramer claims he sold all of his stocks on the Friday before Black Monday (1987). Detwiler married Cramer after her first marriage collapsed. The pair were blissfully married for over two decades, from 1988 to 2009, which put their followers in a big shock too. The absurdity astounds me. Her Net Worth, Wiki, Bio, Husband, Career, How Old is Lisa Cadette-Detwiler? The former couple shared a number of ups and downs together during their marriage. A February 9, 2009 article in The Wall Street Journal noted that betting against Cramers Buy recommendations using short term options could yield 25% in a month. James Joseph Cramer (born February 10, 1955) is an American television personality and author. ", "Matter of Attorneys in Violation of Judiciary Law \s 468-a", "Jim Cramer on pal Spitzer: 'Eliot screwed up", "Maven Closes Acquisition of TheStreet, New Jim Cramer Deal Announced", "CNBC commentator Larry Kudlow will replace Gary Cohn as Trump's top economic adviser", "The evolution of Jim Cramer's 'Mad Money': From stock picking to stock educating", "Arrested Development: "The Cabin Show"/"For British Eyes Only", "March 12, 2009: Jim Cramer Unedited Interview Pt. A former hedge fund manager, he began his career as a journalist and covered a series of high-profile murders in Florida. Olufsen, a businesswoman, attended the State University of New York at Stony Brook. "[9] However, his results have been disputed. Does he have children? The couple met back in 2006 when both of them were going through a tough time in their marriage. With them, the S&P 500 returned 38.3%. [58] Cramer said he was not recommending the common stock, but allaying concerns about the account holder's liquidity held in a Bear Stearns brokerage account. Funds Offer Inverse Exposure (SJIM) and long exposure (LJIM) to the public recommendations of media personality Jim Cramer Greenwich, Conn., March 02, 2023 (GLOBE NEWSWIRE) -- via InvestorWire . Lisa hasnt revealed the exact date of her birth, though we have found out that she was born in 1965, which makes her 53 years old. As of 2022, his wife, Lisa, also serves as the general manager of The Longshoreman, an Italian bistro in Brooklyn itself. Besides the aforementioned sources of his fame, he is also the co-founder (alongside Martin Peretz) of TheStreet.com, a financial news and services website that offers an insight into various business-related topics, such as the stock market price variations and predictions, among many others. The SEC indicated it had no intention of enforcing the subpoenas after lawyers for Dow Jones objected to the government's demands for communications between journalists and their sources. Paul Bolster explains that Cramer beats the market in part because of the excess risk in his picks. Jim Cramer has two daughters from his marriage to Olufsen Emma and Cece. Who is Kristy McNichols partner? As her career continues to develop, the said amount is bound to increase. [91], From 1988 to 2009, Cramer was married to Karen Backfisch, with whom he had two children. In February 2000, the year in which Cramer claimed to have produced a 36% return, Cramer claimed that there were only 10 stocks he wanted to own and he was buying them every day. On April 18, 2015, Cramer married Lisa Cadette Detwiler, a real-estate broker, and general manager of The Longshoreman, an Italian bistro/restaurant in the borough of Brooklyn in New York City. On the March 11, 2008, episode of Cramers show Mad Money, a viewer named Peter submitted the question Should I be worried about Bear Stearns in terms of liquidity and get my money out of there? Cramer responded No! [17] In 1999 the fund returned 47%, and in 2000 it returned 28%, beating the S&P 500 by 38 percentage points. Mad Money with Jim Cramer first aired on CNBC in 2005. His license to practice law was suspended on April 2, 2009 for failure to pay the registration fee. For more updates, stay connected to Marriedceleb. In 2015, Cramer married his current wife, Lisa Cadette Detwiler. YES I AM GETTING MARRIED AND I NEVER USE ALL CAPS!!!!! Lisa Detwiler (@lcadette65) April 22, 2018 Born Lisa Cadette in 1965, in New York City USA, she is a real estate agent at Corcoran Group Real Estate, though she obtained a degree in biology. Its the best investment I have ever made! theMad Moneyhostquipped toPeopleafter swapping rings with Detwiler, whom he met nearly a decade earlier. Cramer and Detwiler tied the knot in Brooklyn in 2015. He obtained his Bachelor of Arts degree in Government from Harvard University in 1977, and a Juris Doctorate degree from Harvard Law School in 1984. The couple was blessed with two children. The marriage was officiated by their architect friend Aran Yardeni in the presence of 500 guests. Sell at three-quarters, she says to a broker at the other end of her line. No! The underperformance in 1998 led to significant investor withdrawals. According to her Corcoran bio, Detwiler enjoys spending time with her kids, Charlotte and Will, and tending to her dogs, Bug and Everest. Roubini called Cramer a "buffoon," and told him to "just shut up". Cramer later wrote about the incident: "I did tell an emailer that his deposit in his account at Bear Stearns was safe, but through a clever sound bite, (Jon) Stewart, and subsequently (Frank) Richneither of whom have bothered to listen to the context of the pulled quotepass off the notion of account safety as an out-and-out buy recommendation. Don't move your money from Bear. Even though Lisa was skeptical of meeting Cramer, the pair hit it off from the first date. Cramer remains the companys most notable commentator and provides transaction details for his Action Alerts PLUS Portfolio, a charitable trust, for paid subscribers of the site. Jim Cramer's wife Lisa Cadette-Detwiler Professional Career: . [96], In 2009, Cramer and four other investors purchased the DeBary Inn in Summit, New Jersey. Real Name, Age, Boyfriend, Net Wo Who has Ashley Benson dated? An article by Michael Lewis, a journalist for the UK-based Evening Standard, states that TheStreet.com listed Bear Stearns as a Buy at $62 per share on March 11, 2008, which was the same day as the callers question and a day before the collapse of Bear Stearns. in February 2008, as a guest judge on The Apprentice in January 2007, and was interviewed by Jon Stewart on The Daily Show in March 2009 (see Jon StewartJim Cramer conflict). Beginning March 1, 1978, Cramer worked for the Tallahassee Democrat in Tallahassee, Florida, where he was one of the first people to cover the Ted Bundy murders since he lived only a few blocks away. Jim Cramer was born James J.Cramer on February 10, 1955, in Wyndmoor, Pennsylvania, the USA. He and Detwiler, a Corcoran Group Real Estate broker, met at a Manhattan bar in 2006 after a mutual friend set them up, according toaNew York Timeswedding announcement. Interestingly, one of his friends, Aran Yardeni, took the honors to officiate the wedding. While at Harvard, alumnus Michael Kinsley introduced him to The New Republic owner Martin Peretz, who contacted Cramer to write a book review. Due to the complete lack of information about her across authoritative media sources, virtually nothing is known about her beginnings; her early interests are a mystery to this day. [9][17] During his years at Harvard Law School, Cramer worked as a minor research assistant for Alan Dershowitz. The information about previous dates and hookups is constantly updated. In addition, he is a former hedge fund manager, author and is a co-founder of TheStreet.com. They got married in 1988. He assisted Dershowitzs campaign to acquit alleged murderer Claus von Blow despite the fact that Cramer believed von Blow was supremely guilty.. SEC Chairman Christopher Cox said neither he nor any of the SEC's four other commissioners were aware of the subpoenas, which he called "highly unusual. Look at the incredible decline in the stock market, in all indices, since the inauguration of the president, with the drop accelerating when the budget plan came to light because of the massive fear and indecision the document sowed: Raising taxes on the eve of what could be a second Great Depression, destroying the profits in healthcare companies, tinkering with the mortgage deduction at a time when U.S. house price depreciation is behind much of the worlds morass and certainly the devastation affecting our banks, and pushing an aggressive cap and trade program that could raise the price of energy for millions of people., Referring to March 8, 2009, charges leveled against Cramer by The New York Times columnist Frank Rich, Cramer said that he does not understand how Obama and his staff plan to raise taxes, institute cap-and-trade limitations and rework the health-care system all during a recession. On Hardball with Chris Matthews on September 19, 2008, Cramer blamed the Federal Reserve for the US housing bubble. Ex-wife : Karen Backfisch-Olufsen Jim Cramer and Karen Backfisch-Olufsen exchange the weeding vows on 1988 and Divorced in 2009. According to various authoritative sources, it has been estimated that the total of Karens accumulated wealth is close to $500,000, while her ex-husbands (and current colleagues) net worth is said to be over $100 million. According to a Kiplingers article One recent [Action Alerts PLUS] and included a chart, under the headline Action Alert PLUS is CRUSHING the S&P 500, showing that the picks returned about 39% from the portfolios inception through last March 31, compared with 15.5% for the S&P 500 over the same nine-year, three-month period. In addition, the CNBC host almost crashed his fund but they avoided the collapse thanks to Karen's advice and good sense. Divorced after Two Decades of Marital Relationship Karen Backfisch was previously married to her longtime boyfriend, Jim Cramer, who was born on February 10, 1955. Mr. and Mrs. Cramer owns a large combined net worth from their successful careers. "[38], Cramer stated that everything he did was legal, but that illegal activity is common in the hedge fund industry as well. Although she studied biology in college, she works as a real estate broker for the prestigious Corcoran Group Real Estate in Brooklyn. He is a member of famous Television personality with the age 66 years of age./b> group. ", "Jim Cramer's famous rant about the "know nothing" Fed", "The Inverse Cramer ETF might soon be a thing", "Jim Cramer said Meta shares had 'nowhere else to go but up' in June and now he's really sorry", "Jim Cramer Slams Inverse ETF Targeting His Stock Picks, 6 Days After Making His 'Only Comments' - Comcast (NASDAQ:CMCSA), ARK Innovation ETF (ARCA:ARKK)", "TheStreet.com, Cramer Get Subpoenas in Gradient Probe", "CNBC's Jim Cramer calls Pelosi 'Crazy Nancy' to her face in live interview", "Jim Cramer Is Offended People Didn't Get the Subtle Nuance of Him Calling Nancy Pelosi 'Crazy Nancy' to Her Face", "CNBC's Cramer calls Pelosi 'crazy Nancy' in live interview", "Jim Cramer Talks the Birds and Bees of Finance", "This is what 'Mad Money' host Jim Cramer does to calm down", "Jim Cramer breaks down his relentless daily schedule that starts at 3:45 a.m.", "The 2009 TIME 100 Finalists: 2009 CANDIDATES Jim Cramer", "Jim Cramer: If Philly Were a Stock, It Would Be "Incredibly Undervalued", "Jim Cramer's Wife: Jim Cried After the Eagles won the Super Bowl but Didn't Shed a Tear on our Wedding Day", "CNBC's Jim Cramer talks Eagles, players kneeling, and his switch from Pat's to Geno's", https://en.wikipedia.org/w/index.php?title=Jim_Cramer&oldid=1142491857, 20th-century American non-fiction writers, 21st-century American non-fiction writers, American business and financial journalists, People from Springfield Township, Montgomery County, Pennsylvania, All Wikipedia articles written in American English, Pages using infobox person with multiple spouses, Articles with unsourced statements from May 2020, Articles with unsourced statements from January 2021, Articles with unsourced statements from February 2023, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 2 March 2023, at 18:09. She was born on February 25, 1965, in the United States of America. He and his wife also own Bar San Miguel, a restaurant and bar serving Mexican cuisine in Carroll Gardens, Brooklyn. He called it a very quick way to make money and very satisfying. In 2015, Cramer practically shouted happy news on Twitter: YES I AM GETTING MARRIED AND I NEVER USE ALL CAPS! hetweeted. Surveys show that around 40% of men say "I love you" to their partner for the first time within the first month of a relationship, but men wait 90 days on average, and women take an average of 134 days. [20][21], Cramer was admitted to the New York State Bar in 1985, but did not practice. We will upbeen in a relationship with? As for her education, she is assumed to have attended an unspecified local high school, from where she matriculated at an unclear date. All Rights Reserved. [37], In a December 2006 interview, Cramer described activities used by hedge fund managers to manipulate stock pricessome of debatable legality and others illegal. If youre a fan of Cramer, you may want to know a little bit about his personal life. In February 2006, the U.S. Securities and Exchange Commission served subpoenas requesting information from several journalists, including Cramer, in conjunction with allegations of collusion between short-sellers of Overstock.com and Gradient Analytics, a stock research firm. [22], In 1987, Cramer left Goldman Sachs and started a hedge fund, Cramer & Co. (later Cramer, Berkowitz & Co.). [35] He also claims to have consulted for the original Wall Street movie by telling the filmmakers how he would get through to Gordon Gekko. Together, . Cramer married Lisa Cadette Detwiler, a real estate broker, and general manager of The Longshoreman, an Italian bistro/restaurant in the New York City borough of Brooklyn, on April 18, 2015. . They have two daughters together, Emma and Cece. In fact, the love birds enjoyed a magical wedding ceremony in the Liberty Warehouse, Brooklyn. Cramer is the host of the CNBC's well known financial show 'Mad Money' since March 14, 2005, which fills up the big part of his wealth. Your money is safe in Citi as I said it was in Bear. After college, Cramer worked as an entry-level reporter, making $15,000 per year. He first started studying stocks in the fourth grade and continued the habit through high school. After a couple of weeks, they decided to get married. Cramer's wife. In a December 2006 interview from TheStreet.coms Wall Street Confidential webcast Cramer said, A lot of times when I was short at my hedge fund. Cramer was born in 1955 in Wyndmoor, Pennsylvania (a suburb of Philadelphia), to Jewish parents, and is Jewish. Unfortunately, their marriage came to an end in the year 2009 with a divorce. "[39] Cramer described a variety of tactics that hedge fund managers use to affect a stock's price. [29], On November 13, 2005, Dan Rather interviewed Cramer on 60 Minutes. Who is Bridget Moynahans husband? The co-founder of Thestreet.com and his wife own a Bar San Miguel, a restaurant and bar serving Mexican Cusine in Brooklyn. Lisa Detwiler (@lcadette65) April 22, 2018. He announced that he had upgraded Bluth Company stock to a Dont Buy from a Triple Sell, and then to say that the stock was not a Dont Buy anymore, but a Risky.. During this time, his apartment was robbed and he lost everything, forcing him to live out of his car for 9 months. From 1988 to 2009, Cramer was married to Karen Backfisch, with whom he had two children.On April 18, 2015, Cramer married Lisa Cadette Detwiler, a real-estate broker, and general manager of The Longshoreman, an Italian bistro/restaurant in the borough of Brooklyn in New York City. Cramer responded: "I think we make that deal right here". Jim Cramer Wife. [9] He also has a 65-acre estate in the New Jersey countryside,[13] and a summer house in Quogue, New York, on Long Island. Wharton finance professor Robert Stambaugh said he didn't think the findings showed significant underperformance or outperformance when adjusting for a variety of factors, but did say "It's a commendable attempt to dig more deeply into the style that underlies Cramer's stock picks. He is also a best-selling author. Since both the couple were married and divorced before, it took no time to understand the . [33][61], Cramer says that, between 2002 and May 2009, the performance of his "Action Alerts PLUS" charitable trust outpaced the S&P 500 Index and the Russell 2000 Index. "[72] Cramer disagreed with Stewart on a few points, but acknowledged that he could have done a better job foreseeing the economic collapse: "We all should have seen it more. Karen Backfisch-Olufsen The president needs to solve our housing, employment and financial problems, and only then turn his attention to health care and changing the mortgage deduction., On March 12, 2009, Cramer appeared on The Daily Show with Jon Stewart. I never want to write a letter to our investors saying that we didn't participate this quarter because we think the market's too high. At the time, they were both working for Michael Steinhardt's hedge fund. Born and raised in PA. We have estimated Jim Kramers net worth, money, salary, income, and assets. Cramer responded "No! The interview ended when Stewart pointedly suggested: "Maybe we can remove the 'financial expert' and the 'In Cramer We Trust' and start getting back to fundamentals on the reporting, as well, and I can go back to making fart noises and funny faces." The two walked down the aisle at Liberty Warehouse, a Saturday night event space in Brooklyn. He was great at getting the story. In 2001, Cramer retired from managing the hedge fund. Before getting married, Olufsen was Cramer's. While at Harvard, alumnus Michael Kinsley introduced him to The New Republic owner Martin Peretz, who contacted Cramer to write a book review. In 1988, Karen and her beloved Jim Cramer got married. Jim Cramer and Karen Backfisch-Olufsen exchange the weeding vows on 1988 and Divorced in 2009. In 1991 when they had their first child, Karen stopped trading. As of March 31, 2016, Cramer's trust since inception had a cumulative return of 64.5%, whereas the S&P 500 fewer dividends returned 70% during the same timeframe. At 66 years of age. [46], An August 20, 2007, article in Barron's stated that "his picks haven't beaten the market. Cramer abandoned this career path upon entering business in 1980, in which he is greatly involved even today. Posted by Jim Cramer onMonday, February 13, 2017. The two married in 2015, in a very private wedding ceremony. The marriage lasted for 21 years before the couple divorced in 2009. Cramer said to Stewart that short-selling was detrimental, stated his opposition to it, and said that he had never engaged in it. After college, Cramer was an entry-level reporter, making $15,000 per year. Jim Kramer (James J. Cramer) grew up on 10 February, 1955 in Wyndmoor, PA, is an American stockbroker, television personality, author. That's none of our business.. [66] In response to a reporter's question, Press Secretary Robert Gibbs replied, "If you turn on a certain program, it's geared to a very small audience. She accumulated her fortune by making various profitable decisions for the companies she worked for, while she has earned the most during her time at Cramer & Co. He also claims to have consulted for the original Wall Street movie by telling the filmmakers how he would get through to Gordon Gekko. He recommended investing in Bear Stearns, Merrill Lynch, Morgan Stanley, Wachovia, and Lehman Brothers before the stocks fell in value significantly and several went out of business. Lisa Cadette Detwiler, Jim Cramer's wife. Cramer's first employment . [53] Five years after Cramer's sell advice, on October 6, 2013, the S&P 500 Index was valued at 1,678, an increase of 58.7%. The 64-year-old financial expert is also the best selling author of the books, Get Rich Carefully (2013), Stay Mad for Life (2007), You Got Screwed! The sacred wedding took place in front of their friends and family in 1988. . Issues about GMO also feature in Cramers talks with daughters. [70][71], On March 12, 2009, Cramer appeared on The Daily Show with Jon Stewart. He nicknamed her the trading goddess. They know nothing. I sold ice cream at the Vet for four years!! The love history between Jim Cramer and his current wife, Lisa Cadette Detwiler, dates way back to 2015 when they decided to get married. On October 6, 2008, on Today, when the S&P 500 Index was valued at 1,056, Cramer suggested to investors, Whatever money you need for the next five years, please take it out of the stock market. Five years later on October 6, 2013 the S&P 500 Index was valued at 1,678 an increase of 58.7%. Over the past two years, viewers holding Cramer's stocks would be up 12% while the Dow rose 22% and the S&P 500 16%. The two first met when Karen was working as a trader for Michael Steinhardts hedge fund in 1988. He continued, By the way, no one else in the world would ever admit that, but I dont care, and again, Im not gonna say it on TV. Stewart responded, I want the Jim Cramer on CNBC to protect me from that Jim Cramer. Cramer again admitted that he can do better, and that he should try to change. A time ago, they both left broken unions and wanted to find someone again. [102], In December 2021, Cramer announced he tested positive for COVID-19 after attending an event that required PCR testing. Cramer was admitted to the New York State Bar Association in 1985 but did not practice. Lisa Cadette Detwiler, Karen Backfisch (m. 19882009). "[79] Cramer was vindicated for his negative outlook when the financial crisis of 2007-2008 and the Great Recession took hold. Cramer admitted to Stewart that short-selling was detrimental, stated his opposition to it, and claimed that he had never engaged in it, which contradicts earlier statements in which he described going short while managing a hedge fund. [27], Mad Money with Jim Cramer first aired on CNBC in 2005. The article says: It isnt that Cramer disagrees with Obamas vision for the country he even agrees with taxing the rich but now is not the time to put those plans into action. In their 21 years of marriage, the couple had two children together; Cece Cramer and Emma Cramer. In 1987, Cramer left Goldman Sachs and started a hedge fund, Cramer & Co. (later Cramer, Berkowitz & Co.). [citation needed], Cramer was also an "editor at large" for SmartMoney magazine and was accused of unethical practices when he made a $2 million personal gain after buying stocks just before his recommendation article was published. He said that his father, who ran a business that sold packaging materials to retailers and restaurants, worked until the day he died. Jim Cramer is well known among investors thanks to his popular Mad Money shows on CNBC about money and stock investing. Jim is also the co-founder of TheStreet.com, a Financial News and literacy website. According to Cramer, Olufsen helped guide many of his trading decisions. Jim Cramer and his ex wife Karen Backfisch-Olufsen have separated after 21 years of marriage. He assisted Dershowitz's campaign to acquit alleged murderer Claus von Blow, even though Cramer believed von Blow was "supremely guilty. Another criticism of Actions Alerts Plus is that it does not compare itself to indexes that include dividend reinvestment (as the SEC requires for stock-oriented mutual funds). Almost all the American television viewers, especially those dedicated to the money market and investment sector, are aware of Jim Cramer and remain big fans of him. He made enough from trading to cover tuition. They have two children together namely Cece Cramer and Emma Cramer. They talk about reforestation and how the ways companies use water are changing. Even though Karen herself mostly stayed out of the news and media when it comes to her own professional achievements, Jim Cramer would often mention in his books and interviews that resource management in his businesses would have been nearly impossible without Karens expertise.