Who is Barbara Corcoran?
Barbara Corcoran has made a name for herself as a powerful player in the New York real estate market Before charming audiences as a ‘Shark’ investor on the popular TV show ‘Shark Tank.’
She has appeared in all 13 seasons of the show and invested in more than 53 deals.
Corcoran is the author of the bestseller “Shark Tales: How I Turned $1,000 into a Billion Dollar Business!” and host of the top business podcast “Business Unusual with Barbara Corcoran.”
Barbara Ann Corcoran is an American businesswoman, consultant, investor, speaker, author, and TV personality.
Here’s her story from rags-to-riches.
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Barbara Corcoran Personal Info
Name: Barbara Ann Corcoran
DOB: March 10, 1949
Birthplace: Edgewater, New Jersey, U.S.
Education: St. Thomas Aquinas College (BEd)
Husband: Bill Higgins
Hometown: New York City, NY
Famous As: Businesswoman and author of the best seller ‘Shark Tales: How I Turned $1,000 into a Billion Dollar Business!’
Barbara Corcoran’s Biography
Barbara Corcoran was born on the 10th of March 1949 in Edgewater, New Jersey.
She is the second of 10 children in a working-class Irish-Catholic family.
Her mother was a homemaker. Her father bounced from job to job throughout.
Barbara Corcoran grew up amidst poverty.
At times, her family relied on deliveries of free food from a friendly local grocer to survive.
Her alcoholic father made her childhood miserable.
Corcoran remembers her father treated her mother with disrespect and condescension, particularly when he’d drunk.
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Barbara Corcoran’s early life and education
Growing up in New Jersey with her nine siblings, Barbara Corcoran attended various schools.
She started high school at St. Cecilia High School in Englewood.
Barbara Corcoran did not do well and flunked several classes.
So, she transferred to a public school, Leonia High School, in New Jersey in her second year.
She graduated from high school as a D student.
After graduating from high school, Corcoran studied at St. Thomas Aquinas College, and in 1971 she attained a degree in education.
Barbara Corcoran’s career
Barbara Corcoran started her career as a schoolteacher. She taught school for a year but soon moved on.
She worked a total of 20 odd jobs by the time she 23.
However, Corcoran always wanted something better.
She wanted to be a boss. So, Barbara Corcoran started her own business.
Corcoran took a $1000 loan from her wealthy boyfriend to launch a real estate business, which she called ‘The Corcoran-Simone.’
She renamed the company ‘The Corcoran Group’ after her boyfriend of seven years left her for the secretary.
Around the mid-1970s, she began publishing a real-estate newsletter called ‘The Corcoran Report’ featuring real estate data developments in New York City.
Corcoran had laudable entrepreneurial skills as she managed to turn a real estate agency into a billion-dollar company.
In 2001, Barbara Corcoran sold her real estate company to NRT LLC for $66 million.
Corcoran emerged in the New York real estate scene as a prominent personality.
Barbara Corcoran gained worldwide fame as an investor on “Shark Tank.” She began appearing on the show in 2009.
While working on the show, Corcoran had invested in 22 businesses worth over $5,460,000.
Corcoran is also a columnist for More Magazine, The Daily Review, and Redbook.
She has written several books and featured on various shows such as Larry King Live.
Through her real estate company, investments, speaking engagements, and appearance on “Shark Tank,” Barbara Corcoran has built an empire worth million.
Barbara Corcoran’s Net Worth
Barbara Corcoran has an estimated net worth is $100 Million, according to Celebrity Net Worth.
She became a millionaire when she sold The Corcoran Group to National Realty Trust for $66 million in 2001.
Corcoran’s net worth increase even more after selling her real estate company.
She earned millions of dollars each year as:
- A “Shark” investor on ‘Shark Tank.’
- A columnist for More Magazine, The Daily Review, New York Daily News, and Redbook.
- The real estate contributor to NBC’s Today show and The Millionaire Broker with Barbara Corcoran on CNBC
- The author of the bestseller “Shark Tales: How I Turned $1,000 into a Billion Dollar Business!”
- The host of the top business podcast “Business Unusual with Barbara Corcoran.”
- A motivational and inspirational speaker.
In 2018, Barbara Corcoran partnered with iHeartRadio to launch a weekly podcast, ‘Business Unusual with Barbara Corcoran.’
The podcast became a huge hit and was one of the most downloaded business podcasts of 2017.
Corcoran’s entrepreneurial spirit is impeccable. She has turned a $1,000 loan into a million dollars empire.
Barbara Corcoran Family
Barbara Corcoran is the second of 10 children in an Irish-Catholic family.
Corcoran grew up with her four brothers and five sisters.
Her mother, Florence, was a homemaker who she credited as her mentor in life.
Her father, Edwin W. Corcoran Jr., was a semi-employed and alcoholic man who did not care much about his family.
Surviving adversities, Barbara Corcoran grew up as a strong-willed young woman.
Barbara Corcoran Husband (Partner)
Barbara Corcoran fell in love with Ray Simone, a rich builder, at 23.
She met him while working as a waitress in New York City.
The partner launched a real-estate company together. They named it ‘The Corcoran-Simone.’
Ray later left Barbara and the company to marry his secretary.
Barbara Corcoran met Bill Higgins, a retired Navy captain, and former FBI agent. The couple married in 1988.
Corcoran tried having children, but it seemed they had fertility issues.
She gave birth to a son, Tom, through in-vitro fertilization in 1994 with an egg donated by her sister Florence.
The couple adopted a daughter, Kate, a few years later.
Barbara Corcoran is currently living in Manhattan with her husband.
Barbara Corcoran Children
Barbara Corcoran has two children.
Her son is Tom, a graduate of Columbia University.
Her daughter is Kate, whom she adopted after an exhaustive search.
There’s not much information on her children.
The offspring of the millionaire prefer to stay out of the limelight.
Barbara Corcoran Accomplishments
- In 2009 Corcoran became a star on ABC’s Shark Tank show.
- In 2011 Barbara Corcoran published the bestseller “Shark Tales: How I Turned $1,000 into a Billion Dollar Business!”
That’s Barbara Corcoran’s Biography.
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