What Is Barbara Corcoran’s Net Worth? A Fortune Built on Real Estate and Entrepreneurship
Barbara Corcoran, 75, is an American businesswoman, investor, motivational speaker, author, podcaster and reality TV show star who made a name for herself in the tough New York real estate market before charming audiences as one of the regular investors on ABC’s hit “Shark Tank.”
Explore More: 30 Celebrities Who Went From Rags to Riches
Find Out: 4 Genius Things All Wealthy People Do With Their Money
Investments and Appearances
Corcoran founded her real estate firm, Corcoran-Simone, in 1973, but later renamed it The Corcoran Group, which sold to National Realty Trust for $66 million in 2001.
She gained worldwide fame as an investor for “Shark Tank.” She began appearing on the show in 2009, and she is lined up to appear in season 16. Since her first appearance on the show, she has invested $5,465,000.
Her biggest investment to date is $350,000 for Coverplay. However, she said in a 2023 interview on “The Daniel Mac Show” that her most lucrative investment was The Comfy, which made her $470 million in just a few years after only a $50,000 investment.
Corcoran followed her “Shark Tank” co-star Robert Herjavic by appearing on season 25 of “Dancing with the Stars” in 2017. She was the first contestant eliminated that season.
For years, Corcoran has written features for magazines and newspapers, such as the New York Daily News.
She has written and co-written several books, including: “Shark Tales: How I Turned $1,000 into a Billion Dollar Business,” “If You Don’t Have Big Breasts, Put Ribbons in Your Pigtails: And Other Lessons I Learned from My Mom” and “Nextville: Amazing Places to Live Your Life.”
Corcoran also hosted podcasts “888-Barbara,” “Business Unusual with Barbara” and “The Millionaire Broker with Barbara Corcoran.”
Through her real estate company, investments, speaking engagements and appearance on “Shark Tank,” Corcoran has a net worth of $100 million, according to Celebrity Net Worth.
Read Next: Barbara Corcoran Says, ‘Forget About Florida,’ Move Here for Cheap Homes
Early Life
Barbara Ann was the second of ten children born to Florence and Edwin Corcoran in Edgewater, New Jersey, on March 10, 1949. She was not a good student. It was only years later that she learned that she had dyslexia. She managed to graduate high school with a D average. She did attend St. Thomas Aquinas College and graduated with a degree in education in 1971.
After only a year of teaching, she bounced around between 20 or so jobs, before her then-boyfriend Ray Simone suggested that she go into real estate. He loaned her $1,000, and her firm Corcoran-Simone was formed. In the 1970s, she started a newsletter called The Corcoran Report, which covered New York City real estate trends.
Personal Life and Personal Properties
Corcoran and the boyfriend who helped her launch her career never made it to the altar. In 1988, she married Bill Higgins, a naval officer and FBI agent. They have two children together.
It only makes sense that a real estate tycoon has some fabulous homes. And so she does.
Corcoran and her husband bought a 2,700-square-foot apartment on Park Avenue for $3.5 million in 2001. Fourteen years later, the pair purchased a penthouse, also on Park Avenue in the Upper East Side of Manhattan, for $13 million.
Corcoran also purchased a mobile home in an affluent area called Pacific Palisades in L.A. for $800,000. Then, she put in another $150,000 into the renovation for the small ocean-view home. Corcoran says she loves the home more than her place in New York City.
Catherine Collins contributed to the reporting for this article.
Net worth information is sourced from Celebrity Net Worth and is accurate as of May 3, 2024.
More From GOBankingRates
6 Reasons the Poor Stay Poor and Middle Class Doesn't Become Wealthy
This is The Single Most Overlooked Tool for Becoming Debt-Free
This article originally appeared on GOBankingRates.com: What Is Barbara Corcoran’s Net Worth? A Fortune Built on Real Estate and Entrepreneurship
