Discovering Barbara Corcoran's Net Worth and Biography

Barbara Corcoran is a well-known name in the American real estate industry. Her story is a true inspiration for anyone who dreams of success in business. Born in 1949 in New Jersey, Barbara grew up as the second of ten children in a middle-class Irish Catholic family. After graduating from college, she took on several odd jobs until she decided to enter the real estate industry in New York City.

Starting with a $1000 loan from a boyfriend, Barbara founded The Corcoran Group in 1973. Despite facing numerous challenges and setbacks, Barbara turned her company into a successful multi-million dollar business. She became known for her sharp wit, savvy business sense, and for appearing on the hit TV show Shark Tank as one of the investors.

Today, Barbara Corcoran is a household name and an inspiration to many aspiring entrepreneurs. Her journey from an aspiring entrepreneur to a successful businesswoman is nothing short of remarkable. In this article, we'll take a closer look at Barbara Corcoran's life, work, and net worth.

Barbara Corcoran: Net Worth, Age, Born, Gender, Height, Country of Origin, Source of Wealth

Barbara Corcoran, an American entrepreneur and television personality, has a net worth of over $80 million. She was born on March 10, 1949, in Edgewater, New Jersey, and is currently 72 years old.

As a female businesswoman, Barbara has broken many barriers in her career. She stands at a height of 5 feet 5 inches and is of American nationality. Barbara's country of origin is the United States, and she is a self-made millionaire.

In terms of her source of wealth, Barbara founded The Corcoran Group, a prominent real estate brokerage firm. She later sold the company for $66 million. Barbara is also known for her appearances on the television show "Shark Tank," where she serves as one of the investors.

Barbara Corcoran continues to inspire many people around the world with her entrepreneurial spirit, and her remarkable achievements in the business world.

Key Facts

• Barbara Corcoran worked as a waitress before starting her real estate business in New York City
• She founded The Corcoran Group in 1973 with a $1,000 loan from her boyfriend
• The Corcoran Group became one of the largest real estate firms in New York City and was sold to NRT LLC in 2001 for $66 million
• Barbara Corcoran is a well-known investor on the television show Shark Tank
• She has invested in various successful businesses including Scrub Daddy, Cousins Maine Lobster, and Tom and Chee
• Barbara Corcoran has an estimated net worth of $100 million
• She is known for her motivational speaking, business advice, and philanthropy
• Barbara Corcoran has written several books including "Shark Tales" and "Use What You've Got"
• She is a mother of two and has been married to her husband, Bill Higgins, since 1988

Early Life

Barbara Corcoran was born on March 10, 1949, in Edgewater, New Jersey. She grew up with nine siblings in a middle-class Irish Catholic family. Her father worked as a printing press foreman, and her mother was a full-time homemaker. Barbara attended a local Catholic school before transferring to a public high school.

As a child, Barbara was a natural entrepreneur. She would sell candy door-to-door and babysit for neighbors to earn money. She also worked at her father's office during summers, where she learned valuable skills such as bookkeeping and typing.

After graduating from high school, Barbara attended St. Thomas Aquinas College in New York, where she studied education. However, after teaching for a year, she realized that it wasn't the career for her. She changed her major to business and graduated with a degree in marketing.

Career

Barbara Corcoran started her career as a waitress and a teacher before shifting her focus to real estate. In 1973, she founded The Corcoran Group, a real estate brokerage firm that became one of the most successful in New York City. She built her reputation in the industry by aggressively promoting her business and investing in publicity and marketing.

As her business grew, Corcoran became known for her innovative approaches to real estate marketing. She pioneered the use of celebrity endorsements and started hosting seminars and events to promote her company. Her efforts paid off, and by the 1990s, The Corcoran Group had become a prominent player in the New York City real estate market.

In 2001, Corcoran sold her company to NRT Incorporated for $66 million. She continued to work as a consultant for the company before deciding to focus on media and entertainment. She has since become a well-known television personality, appearing as an investor on the popular entrepreneurial show Shark Tank and as a co-host on the talk show The View.

Corcoran has also authored several books, including Shark Tales: How I Turned $1,000 into a Billion Dollar Business and Use What You've Got, and Other Business Lessons I Learned from My Mom.

Barbara Corcoran's Spending Habits: Where Does Her Wealth Go?

Real Estate

As a successful real estate mogul, it's no surprise that Barbara Corcoran invests heavily in property. She is known to own multiple properties across the United States, including luxury apartments and homes. She also frequently purchases properties with the intention of renovating and reselling them for a higher profit.

Charity and Giving Back

Barbara Corcoran is a philanthropist who believes in giving back to her community. She has donated millions of dollars over the years to various charities, with a particular focus on education and entrepreneurship. Additionally, she mentors and supports many young entrepreneurs in their business ventures.

Travel and Entertainment

As someone who works hard and achieves great success, Barbara Corcoran enjoys indulging in luxurious vacations and entertainment experiences. She has been known to travel extensively and enjoys staying at top-tier hotels and resorts. Additionally, she enjoys attending Broadway performances and other high-end cultural events.

Investments and Business Ventures

Barbara Corcoran is not afraid of taking risks when it comes to investing her wealth. She has invested in a wide range of business ventures, including Shark Tank companies and various startups. She is known for being a savvy investor and has a keen eye for spotting potential in new business ideas.

Family and Loved Ones

Finally, Barbara Corcoran values her relationships with family and loved ones above all else. She spends generously on her family, treating them to extravagant experiences and gifts. Additionally, she supports causes that are close to the hearts of those she cares about, such as education or cancer research.

Highlights

Successful Entrepreneur

Barbara Corcoran is widely recognized as one of the most successful entrepreneurs in the United States, with a net worth of over $100 million. She co-founded The Corcoran Group, a real estate brokerage firm, which she sold for $66 million in 2001.

Shark Tank Star

Barbara is also known for her role as a Shark on ABC's hit show, Shark Tank. She has invested in over 80 businesses and is highly respected in the industry for her knowledge and expertise in entrepreneurship and business.

Author and Speaker

In addition to her business ventures, Barbara is an accomplished author and public speaker. She has written several books, including Shark Tales: How I Turned $1,000 into a Billion Dollar Business, and is a highly sought-after speaker for events and conferences around the world.

Philanthropist

Barbara is also passionate about giving back to her community and supporting various charitable causes. She has worked with several organizations, including the New York City Mission Society and Women in Need, to help those in need and make a positive impact on the world.

Favorite Quotes from Barbara Corcoran

1. "When you're good to people, you get it back."

Barbara Corcoran believes in treating people with kindness and respect because it pays off in the long run. In her experience, being good to people has led to successful business deals and partnerships.

2. "The difference between successful people and others is how long they spend time feeling sorry for themselves."

According to Corcoran, successful people don't waste time feeling sorry for themselves. Instead, they focus on finding solutions and moving forward. She believes that resilience is a key trait for achieving success.

3. "You can't fake passion."

When it comes to entrepreneurship, Corcoran believes that passion is essential. She encourages people to pursue work that they truly care about because halfhearted efforts are unlikely to lead to success.

4. "I never looked at my steps as steps, I just looked at them as things I had to do."

Ambition and drive have been a driving force behind Corcoran's success. She believes in approaching each task as a necessary step towards a larger goal. This approach helps her stay focused and efficient.

5. "Embrace fear. It's the only way to get over it."

Barbara Corcoran believes that fear can hold people back from pursuing their dreams. Rather than avoiding fear, she suggests embracing it and using it as motivation to push through challenges.

Barbara Corcoran's Key to Success

Always Believe in Yourself

One of the key lessons that Barbara Corcoran has taught us is to always believe in oneself. She said that when she started her real estate business, she knew nothing. But she believed that she could do it, and she did. She believes that confidence is the key to success.

Embrace Rejection

Barbara Corcoran is aware of the fact that rejection is just a part of life. She says that she was rejected daily when she was starting out in the real estate business. But she learned to take rejection positively and to keep pushing herself until she succeeded.

Surround Yourself with the Right People

Barbara Corcoran believes in surrounding oneself with the right people and building a solid team. She believes that being able to delegate tasks to the right people is a key factor in achieving success.

Be Resourceful

Barbara Corcoran believes in being resourceful. She says that when she lacked money for advertising, she hung signs on walls so that people could see them. Her resourcefulness helped her gain the attention she needed to succeed in her real estate business.

Take Risks

According to Barbara Corcoran, taking risks is the key to success. She believes in taking calculated risks and not being afraid to fail. In fact, she says that one of her biggest successes came after one of her biggest failures.

Conclusion

Barbara Corcoran's success story teaches us many lessons that we can apply in our own lives. Believing in oneself, embracing rejection, building a solid team, being resourceful and taking risks are just a few of the strategies that we can learn from her.

Interesting and Surprising Facts About Barbara Corcoran

1. She got rejected from 22 jobs before starting her own business

Barbara Corcoran didn't have an easy start in life. After graduation, she applied for 22 jobs without any success. It was only after borrowing $1000 from her then-boyfriend that she decided to start her own real estate business. Today, she's a multimillionaire and a successful businesswoman.

2. She's dyslexic

Despite being dyslexic, Barbara Corcoran was always determined and hardworking. To succeed in business, she had to create her own strategies to overcome her difficulties with reading and writing. Her success story is an inspiration to many people with learning disabilities.

3. She's a shark on Shark Tank

Barbara Corcoran is a well-known investor and TV personality, thanks to her role as a 'shark' on the popular show Shark Tank. She's invested in many successful startups, including Scrub Daddy and Cousins Maine Lobster.

4. She's a philanthropist

Barbara Corcoran is also a generous philanthropist who supports various causes related to education, health, and animal welfare. She's donated millions of dollars to charity and started her own foundation, The Barbara Corcoran Foundation, to empower young entrepreneurs.

Summary

Barbara Corcoran is a successful entrepreneur, investor, and television personality, known for her role in ABC's hit show Shark Tank. With a net worth of over $100 million, she has built her fortune through smart real estate investments and founding The Corcoran Group, a leading New York City real estate brokerage firm.

Corcoran's entrepreneurial spirit began at a young age when she started a small business selling handmade jewelry. After working several jobs, she decided to pursue a career in real estate and founded The Corcoran Group with a $1,000 loan from her boyfriend. She quickly grew the company, turning it into a multimillion-dollar business before selling it for $66 million in 2001.

Corcoran continues to invest in new business ventures and serves as a mentor to entrepreneurs on Shark Tank, using her experience and wisdom to help others achieve success. She is also a sought-after speaker and author, sharing her expertise in real estate, business, and life lessons.

• Key takeaways:
• Barbara Corcoran is a successful entrepreneur, real estate expert, and television personality.
• Her net worth is estimated to be over $100 million.
• Corcoran founded The Corcoran Group with a $1,000 loan and sold it for $66 million in 2001.
• She continues to invest in new business ventures and provides mentorship through Shark Tank.

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