Barbara Corcoran Net Worth: How Did She Start Her Professional Journey to Become an Entrepreneur?
Barbara Corcoran, is an American entrepreneur, investor, consultant, writer, and television personality. The ABC television show “Shark Tank,” which debuted in 2009, made Corcoran famous for his role as a “Shark” investor. She established The Corcoran Group (formerly known as Corcoran-Simone), an NYC real estate company, in 1973.
She sold the company to NRT (National Realty Trust) in 2001 for $66 million. In addition to “The Millionaire Broker with Barbara Corcoran” on CNBC, Barbara has presented the podcasts “888-Barbara” and “Business Unusual with Barbara.” She’s authored three books and several pieces for publications like Redbook, More, The Daily Review, and the New York Daily News
Barbara Corcoran Early Years
In Edgewater, New Jersey, on March 10, 1949, Barbara Ann Corcoran was born. She grew up in an Irish-Catholic family with nine siblings. Dyslexic Barbara attended St. Cecilia High School before failing her classes and transferring to Leonia High School. Barbara spent a year teaching after receiving her education degree from St. Thomas Aquinas College in 1971. According to Corcoran, she worked 22 different jobs prior to starting her real estate career.
Barbara Corcoran Career
At the age of 23, Corcoran started working as a receptionist at the real estate company run by the Giffuni Brothers. In 1973, Barbara and her lover Ray Simone co-founded the real estate company Corcoran-Simone after she borrowed $1,000 from him to start her own business.
After Ray left Barbara for her secretary seven years later, the pair separated; he claimed Corcoran wouldn’t flourish without him, but Corcoran has been proving him wrong ever since. It was such a success that Barbara sold Corcoran-Simone, which later became The Corcoran Group, for an amazing $66 million in 2001.
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In the middle of the 1970s, Barbara started publishing the real estate newsletter “The Corcoran Report.” She is also the author of the books “Shark Tales: How I Turned $1,000 into a Billion Dollar Business,” “Nextville: Amazing Places to Live Your Life,” and “If You Don’t Have Big Breasts, Put Ribbons On Your Pigtails: And Other Lessons I Learned From My Mom” (2003). (2011).
In 2009, Corcoran joined Kevin O’Leary, Daymond John, Robert Herjavec, and Kevin Harrington on “Shark Tank,” which has since won four Emmys and four Critics’ Choice Television Awards. The first pair to be eliminated from Barbara’s “Dancing with the Stars“ competition in 2017 was Corcoran and her partner, Keo Motsepe. Several television programs, such as “Drop Dead Diva” (2013) and “Grace and Frankie,” have featured Barbara in her own persona (2020).
Barbara Corcoran Net Worth
The author and businesswoman Barbara Corcoran became recognized for her role as an investor on the television show Shark Tank. According to Celebrity Net Worth, Barbara Corcoran has an astounding net worth of $100 Million.
The Corcoran Group, a real estate company based in New York City that was recently sold for $66 million, was initially established by Barbara. She has been a guest on all 13 seasons of the show “Shark Tank,” where she has closed 80 deals, the most significant of which being a $350,000 investment in the company “Coverplay.” She has an apartment on Park Avenue that is valued at $3.5 million and a penthouse on Avenue that she purchased for $10 million.
Barbara Corcoran Personal Life
In 1988, Barbara wed Bill Higgins, a retired Navy captain, and former FBI agent. In 1994, they had a son named Tom after Corcoran underwent in vitro fertilization using an egg from Florence, her sister. Kate, another child of the couple, was adopted in 2005.
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Barbara Corcoran Real Estate
A condo on Park Avenue of 2,700 square feet cost Barbara and Bill $3.5 million in 2001. The pair spent $10 million on a Fifth Avenue penthouse in 2015; the 11-room residence contains a solarium, conservatory, as well as a landscaped deck.
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Summary
At the present day, Barbara Corcoran is recognized as one of the most successful businesswomen. She has collaborated with some of the most successful businesspeople and investors from all over the world, but her role as a “shark” investor on the television show “Shark Tank” has brought her the most notoriety.
It is estimated that Barbara Corcoran’s net worth as of November 2022 is somewhere in the neighborhood of $100 Million, which places her among the ranks of the businesswomen who earn the most money.
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