Barbara Corcoran Net Worth: American entrepreneur, author, and TV personality Barbara Corcoran are perhaps best known for her role as a “Shark” on the hit ABC show ‘Shark Tank. She completed high school at New Jersey’s “Leonia High School,” went on to earn a teaching credential, and is now employed in the real estate industry. The two of them went on to create a business together and called it The Corcoran-Simone.
Their firm is now known as “The Corcoran Group,” after her and her ex-boyfriend. In the middle of the 1970s, she also launched a real estate newsletter called “The Corcoran Report.” However, she parted ways with her company, “NRT,” in the early 2000s. During the 2010s, she was a regular contestant on reality series including “Dancing with the Stars” and “Shark Tank.” Her current New York City residence is with her husband, Bill Higgins.
People are curious to know about Barbara Corcoran Net Worth, early life, career, and personal life. If you are interested to know, stay with us until the end of the article.
Barbara Corcoran Net Worth
Barbara Corcoran Net worth is around $100 million. She eanrned wealth from her profession as a businesswoman, investor, consultant, and author, Barbara Corcoran net worth is also growing as a TV personality. Corcoran is a “Shark” investor on the 2009 ABC show “Shark Tank.”
Barbara Corcoran Early Life
Barbara Ann Corcoran was born to Irish Catholic parents in Edgewater, New Jersey, in 1949. Her lower-middle-class family had 10 children. Four brothers and five sisters raised her.
Florence is her life mentor. She said her mother nearly single-handedly raised all her children. Barbara’s father was a semi-employed drunkard who didn’t care about his family. She stated he was “funny” and delighted the family.
Barbara was a strong-willed child who overcame adversity. Her mother influenced her work ethic. She wanted to escape her poverty and become wealthy. She struggled with schoolwork.
She attended a New Jersey Catholic primary school and St. Cecilia High School in Englewood. The freshmen dropped out. Dyslexia hampered her school achievement. Her illness made it hard to study. She got straight Ds. She had trouble staying interested in her studies and changed schools often.
She graduated from Leonia High School and attended St. Thomas Aquinas College in Sparkill, New York. The liberal arts college wasn’t the greatest in town. 1971 was her year of graduation. She started working afterward. You must read John Davidson Net Worth.
Barbara Corcoran Career
After college, she worked in numerous fields. She had receptionist, waiter, and saleswoman positions. She saved money by working 10 jobs in 2 to 3 years. She didn’t stick to one industry. In the 1970s, she knew NYC’s real-estate market was booming.
Ray Simone was her builder’s boyfriend. She met him as a New York waiter. She wanted to work in real estate after hearing about its earning potential. They started a real estate firm. The Corcoran-Simone was founded in 1973.
Simone invested $1000. It started as an apartment finder. In the 1970s, many moved to New York. Business grew. They contacted realtors and builders to assist customers to discover flats based on wants and income.
Barbara explored side jobs while working there. While presenting an apartment to a rich engineer, the engineer offered to buy it. Barbara’s first sale. The firm earned $3000. Barbara found this more appealing than renting flats and urged Simone to sell them. At that time, Barbara Corcoran net worth was started to grow.
She advertised for salesmen in ‘The New York Times’ She invested a lot in new sales representatives, and the firm started making tremendous profits within 2 years. Due to her workload, Barbara made most of the management choices.
By 1975, the firm had 14 well-paid salesmen. The firm made $500k. One of New York‘s fastest-growing real estate enterprises. Partners unexpectedly parted up. Barbara broke up with Simone after he started seeing another lady. She became the company’s sole owner.
Company division took years. Barbara became the sole owner in 1978. The Corcoran Group was the first woman-owned NYC real estate business. In her first year as a sole proprietor, she earned $350,000 with seven sales representatives.
In the 1990s, she sold online. Her ability to spot chances led her the first realtor in the city to use the internet. She bought web names to sell when her competitors went online. She explained she wasn’t doing it for earnings, but to be aware of her rivals and in their good graces. You can also read Gabby Douglas Net Worth: How Rich Is She As An American Olympian?.
The Corcoran Group’s real-estate success was startling by the early 2000s. The corporation had 850 employees and $100 million in net earnings. The corporation lagged behind numerous real-estate giants. The Corcoran Group was sold to New Jersey-based NRT Inc. Barbara requested $66 million since 66 was her lucky number. 2001 sale concluded quickly.
She published books. She published ‘The Corcoran Report’ in the 1970s. It covered NYC real-estate trends.
If You Don’t Have Big Breasts, Put Ribbons on Your Pigtail. In the mid-2000s, she became a ‘Fox News political pundit. She contributed to several real-estate shows.
She competed on ‘Shark Tank’. She invested in 22 enterprises while filming. The show featured entrepreneurs pitching their companies to investors. She’s been on ‘Dancing with the Stars’ and ‘Grace and Frankie.’ You should read Roman Reigns Net Worth.
Barbara Corcoran Personal Life
Barbara Corcoran married retired Navy captain/former FBI agent Bill Higgins in 1988. They had son Tom in 1994 utilising an egg from Corcoran’s sister Florence. They adopted Kate in 2005.
Are you hiring the right people to push your business ahead? I’m talking about the key traits to seek out in an employee who will help you expand your empire. https://t.co/JydBBp1Vug
— Barbara Corcoran (@BarbaraCorcoran) December 13, 2022
Barbara Corcoran Real Estate
Barbara and Bill bought a 2,700-square-foot Park Avenue condo for $3.5 million in 2001. The pair bought an 11-room Fifth Avenue penthouse for $10 million in 2015. It boasts a sunroom, conservatory, and manicured patio.
Barbara Corcoran net worth is a result of her hard work and patience. No doubt your dedication and consistency will definitely reward you one day. Dear readers, we hope you have enjoyed our article. We are continuously collecting information and news for our readers. You can visit focushillsboro.com for the latest information and news. If you have any queries or suggestions can put them in our comment section.