Barbara Corcoran Net Worth

Barbara Corcoran Net Worth and Career Highlights

Early Life

Barbara Corcoran, born on March 10, 1949, in Edgewater, New Jersey, is an American businesswoman, investor, consultant, author, and television personality. She grew up in an Irish-Catholic household with nine siblings. Despite struggling with dyslexia, Corcoran attended St. Cecilia High School but later transferred to Leonia High School after flunking out. She completed her education with a degree in education from St. Thomas Aquinas College in 1971.

Before finding success in real estate, Barbara held 22 different jobs, proving her resilience and determination to achieve success.

Career

At the age of 23, Barbara Corcoran started her real estate career as a receptionist at the Giffuni Brothers’ real estate firm. With the vision of starting her own business, she borrowed $1,000 from her boyfriend, Ray Simone, and together they co-founded the real estate firm Corcoran-Simone in 1973. The company later evolved into The Corcoran Group, which became a prominent player in the New York City real estate market.

Corcoran’s success story faced a setback when her boyfriend left her for her secretary, doubting her ability to thrive without him. However, she proved him wrong by selling The Corcoran Group for an impressive $66 million in 2001 to NRT (National Realty Trust).

Aside from real estate, Barbara Corcoran engaged in various ventures. She published the real estate newsletter “The Corcoran Report” in the mid-1970s and authored three books: “If You Don’t Have Big Breasts, Put Ribbons On Your Pigtails: And Other Lessons I Learned From My Mom” (2003), “Nextville: Amazing Places to Live Your Life” (2008), and “Shark Tales: How I Turned $1,000 into a Billion Dollar Business” (2011).

In 2009, Barbara Corcoran gained widespread recognition through her role as a “Shark” investor on the ABC TV program “Shark Tank.” The show, which has won four Emmys and four Critics Choice Television Awards, showcases aspiring entrepreneurs seeking investments from successful business figures. Corcoran has made 130 deals on the show, including a notable $350,000 investment for 40% of Coverplay.

In addition to “Shark Tank,” Barbara has hosted podcasts such as “888-Barbara” and “Business Unusual with Barbara” and appeared on CNBC’s “The Millionaire Broker with Barbara Corcoran.” She has also made guest appearances as herself on television shows like “Drop Dead Diva” (2013) and “Grace and Frankie” (2020).

Personal Life

In 1988, Barbara Corcoran married retired Navy captain and former FBI agent Bill Higgins. The couple welcomed their son, Tom, in 1994 through in vitro fertilization using an egg from Barbara’s sister, Florence. In 2005, they expanded their family by adopting a daughter named Kate.

Barbara, who faces the challenge of dyslexia, enjoys hobbies such as skiing and spending time at the beach.

Net Worth Over Time

As of 2023, Barbara Corcoran’s net worth stands at an impressive $100 million. Her entrepreneurial journey began when she co-founded Corcoran-Simone with only $1,000. The real turning point came when she sold The Corcoran Group for $66 million in 2001. Subsequently, her role as a “Shark” investor on “Shark Tank” further contributed to her wealth as she made numerous lucrative deals on the show.

Components of Net Worth

Barbara Corcoran’s net worth primarily stems from her successful career as a real estate entrepreneur. The $66 million she earned from the sale of The Corcoran Group significantly contributed to her wealth. Additionally, her investments and business ventures, including her role as a “Shark” on “Shark Tank,” podcast hosting, and book sales, have further bolstered her net worth.

Overall, Barbara’s inspiring journey from an entrepreneur with humble beginnings to a successful businesswoman and investor showcases her resilience, determination, and ability to overcome obstacles. Her net worth is a testament to her hard work and entrepreneurial expertise in the real estate industry.

Disclaimer: All net worths are approximate figures calculated using publicly available sources. Please note that the provided net worth is an estimate, and it may not reflect the current or real-time net worth of Barbara Corcoran.

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