What is Barbara Corcoran’s Net Worth?
Barbara Corcoran is a successful American businesswoman, investor, consultant, author, and television personality with a net worth of $100 million. She is most well-known for her role as a “Shark” investor on ABC’s hit TV program “Shark Tank,” which premiered in 2009.
Corcoran began her career in 1973 when she founded her own real estate firm, The Corcoran Group (originally called Corcoran-Simone), in New York City. She sold the firm to NRT (National Realty Trust) in 2001 for a whopping $66 million.
In addition to her work on “Shark Tank,” Corcoran has hosted several podcasts, including “888-Barbara” and “Business Unusual with Barbara,” as well as CNBC’s “The Millionaire Broker with Barbara Corcoran.” She has also written three books and contributed columns to publications such as “Redbook,” “More,” “The Daily Review,” and the “New York Daily News.”
Early Life and Career
Barbara Ann Corcoran was born on March 10, 1949, in Edgewater, New Jersey. She grew up in an Irish-Catholic household with 9 siblings. Corcoran attended St. Cecilia High School before transferring to Leonia High School after flunking out. She earned a degree in education from St. Thomas Aquinas College in 1971 and spent a year teaching school. Prior to starting her real estate career, Corcoran held 22 different jobs.
Barbara Corcoran: From Receptionist to Real Estate Mogul to Shark Tank Star
Barbara Corcoran started her career as a receptionist at a real estate firm and went on to co-found Corcoran-Simone with her boyfriend. Despite their split and his discouragement, Corcoran turned the company into a massive success and sold it for $66 million in 2001. She also published a real estate newsletter and authored several books, including “Shark Tales” about how she turned $1,000 into a billion-dollar business. Corcoran has been a “Shark Tank” investor since 2009 and competed on “Dancing with the Stars” in 2017. She has also made appearances on shows like “Drop Dead Diva” and “Grace and Frankie.”
Barbara Corcoran’s Family
Barbara Corcoran married retired Navy captain/former FBI agent Bill Higgins in 1988. They had a son, Tom, in 1994 through in vitro fertilization using an egg from Barbara’s sister Florence. The couple also adopted a daughter, Kate, in 2005.
Real Estate Investments of Barbara and Bill
In 2001, Barbara and Bill bought a 2,700 sq ft Park Avenue apartment for $3.5 million. Later in 2015, they acquired an 11-room penthouse on Fifth Avenue for $10 million. The Fifth Avenue penthouse has a solarium, conservatory, and a landscaped terrace.
