Barbara Corcoran Biography
Barbara Corcoran is an American businesswoman, investor, syndicated columnist, and television personality. She is known for founding The Corcoran Group, a real estate brokerage in New York City, which she sold for $66 million in 2001.
Barbara is also a prominent figure on the TV show “Shark Tank,” where she has made numerous deals. She has written books, including “Shark Tales,” which details her journey from failing at multiple jobs to building a successful business.
Barbara Corcoran was born on March 10, 1949, in Edgewater, New Jersey, and has been featured on various media platforms like Larry King Live and NBC’s Today show.
She is active on social media, hosting a podcast called “Business Unusual” and engaging with her audience on platforms like Twitter.
| Barbara Corcoran |
| Birthdate: March 10, 1949 |
| Birthplace: Edgewater, New Jersey, U.S. |
| Education: St. Thomas Aquinas College (BEd) |
| Occupation: Businesswoman, Investor, TV Personality |
| Spouse: Bill Higgins (m. 1988) |
| Children: 2 |
| Notable Achievements: Founded The Corcoran Group, sold for $66 million in 2001; Investor on ABC’s Shark Tank; Made 130 deals on the show as of January 2023; Columnist for various publications; Hosts The Millionaire Broker with Barbara Corcoran on CNBC |
| Personal Life: Lives in Manhattan with husband Bill Higgins; Has a son born in 1994 via in vitro fertilization and adopted a daughter; Owns properties in Manhattan and California; Enjoys skiing and beach activities |
| Books: Authored “Shark Tales” and “If You Don’t Have Big Breasts, Put Ribbons on Your Pigtails” |
| Other: Hosts a podcast called “Business Unusual”; Known for her motivational speaking engagements; Invests in high-growth companies through Forefront Venture Partners |
Barbara Corcoran and Shark Tank Investments
Barbara Corcoran is a prominent American businesswoman, investor, and television personality known for her role as one of the original “Shark” investors on ABC’s Shark Tank. She has made significant investments in various companies on the show, with some notable successes.
One of her best deals on Shark Tank was with The Comfy, an oversized wearable blanket, which turned her $50,000 investment into $468 million.
On Shark Tank, Corcoran is known for her bold personality and negotiating skills when deciding whether to invest in entrepreneurial business pitches.
She invested in Daisy Cakes, Pipsnacks, Cousins Maine Lobster, Grace and Lace, and Coverplay, all of which have seen substantial growth and success following her investments.
As of 2022, she had invested in over 80 companies through her appearances on Shark Tank over 13 seasons.
Her investment philosophy focuses on products she really loves and founders with a lot of passion and tenacity.
In addition to the show, she manages her diversified investment portfolio through her company Barbara Corcoran Venture Partners.
She often celebrates and mentors the entrepreneurs, especially women, that she invests in on Shark Tank.
Barbara Corcoran Net Worth
Barbara Corcoran’s estimated net worth in 2024 is around $100 million, reflecting her successful career as an American businesswoman, investor, author, and television personality.
Her wealth stems from various sources, including her real estate ventures, strategic investments, media appearances, and book sales.
Notably, her role as a shark investor on Shark Tank has significantly contributed to her financial success, with her investments in companies like The Comfy yielding substantial returns.
Here are some key details about her net worth:
- The bulk of her fortune, around $66 million, came from selling her real estate company The Corcoran Group for $66 million in 2001.
- Her lucrative salary from being an investor on Shark Tank for over 13 seasons has added substantially to her net worth over the years.
- Her investment portfolio from companies she invested in on Shark Tank is worth tens of millions. Her early $350,000 investment in Coverplay turned into over $30 million.
- She earns additional income from public speaking engagements, books, and business consulting.
- Despite her nine-figure net worth, she is known for her frugal spending habits and not living an extravagantly wealthy lifestyle.
- Her real estate holdings, investments, and other business ventures continue to see her net worth grow year after year.
- Estimates peg her current annual income around $5-10 million from her various endeavors.
Barbara Corcoran Shark Tank Investments
Barbara has invested in a diverse range of companies across various industries, demonstrating her keen eye for potential and growth in different markets. Her average equity stake in these companies is approximately 25.69%.
Here’s a summary of her investment portfolio from the show:
| Company Name | Amount Invested | Percentage Stake |
| Stress Free Kids | $250,000.00 | 50% |
| Buggy Beds | $50,000.00 | 5% |
| Coverplay | $350,000.00 | 40% |
| Cousins Maine Lobster | $55,000.00 | 15% |
| Body Jac | $90,000.00 | 25% |
| The Cool Wazoo | $32,500.00 | 16.5% |
| Pork Barrel BBQ Sauce | $50,000.00 | 50% |
| Ice Chips Candy | $62,500.00 | 10% |
| Notehall | $90,000.00 | 25% |
| The “Coop” Party Place | $150,000.00 | 15% |
| Treasure Chest Pets | $75,000.00 | 30% |
| KaZam | $150,000.00 | 16% |
| Chill Soda | $50,000.00 | 20% |
| Pink Shutter Photobooths | $300,000.00 | 33% |
| Gayla Bentley Fashion | $125,000.00 | 25% |
| Ryan’s Barkery | $25,000.00 | 25% |
| Chef in Black | $50,000.00 | 35% |
| Tom and Chee | $300,000.00 | 7.5% |
| Grease Monkey Wipes | $20,000.00 | 20% |
| Sweet Ballz | $125,000.00 | 12.5% |
| LipStix ReMix™ | $52,500.00 | 25% |
| Veggie Mama | $37,500.00 | 10% |
| Wurkin Stiffs | $50,000.00 | 10% |
| Grace and Lace | $175,000.00 | 10% |
| Southern Culture Artisan Foods | $100,000.00 | 38% |
| iReTron | $50,000.00 | 10% |
| Hold Your Haunches | $37,500.00 | 20% |
| Pipsnacks | $200,000.00 | 10% |
| HoppyPaws | $100,000.00 | 49% |
| QFlex | $12,500.00 | 12.5% |
| Scratch and Grain | $150,000.00 | 20% |
| Fresh Patch | $75,000.00 | 10% |
| BoobyPack | $80,000.00 | 25% |
| Frill Clothing | $50,000.00 | 15% |
| Neatcheeks | $150,000.00 | 25% |
| Zoom Interiors | $100,000.00 | 33% |
| Total Investments | $4,700,000.00 | 25.69% (Average Equity) |
The Corcoran Group Net Worth
The Corcoran Group in 1973 with just $1,000 and grew it into a renowned brand before selling it to NRT Incorporated in 2001. Sold it at $66 million business.
Barbara Corcoran sold her company to NRT (later Realogy Brokerage Group and now Anywhere Real Estate) for $66 million.
Currently, Anywhere Real Estate Inc., formerly known as Realogy, is an American publicly owned real estate services company. It owns and franchises several real estate brands and brokerages, offering consumer programs, lead generation, relocation, and title settlement services1.
As of June 14, 2024, Anywhere Real Estate’s net worth is approximately $597.76 million.
Barbara Corcoran, the founder of The Corcoran Group, a residential real estate company, has an impressive net worth of $100 million. She gained fame as an investor on Shark Tank and has invested in over 80 companies.
Barbara is also the author of Shark Tales: How I Turned $1,000 into a Billion Dollar Business! and hosts two popular business podcasts.
In 2001, Barbara Corcoran sold her company to NRT (later Realogy Brokerage Group and now Anywhere Real Estate) for $66 million.
Does Barbara Corcoran Own The Corcoran Group?
No, Barbara Corcoran sold Corcoran Group company in 2001 for 66 million. Barbara Corcoran founded The Corcoran Group, a real estate brokerage in New York City, which she started when she was 23 years old with a 1,000 loan.
She later sold the company in 2001 for 66 million. She played a significant role in establishing the company and subsequently profited from its sale.
Consequently, as of the information available, she no longer owns The Corcoran Group. Instead, she has ventured into various other successful business opportunities, including becoming a successful investor, columnist, and author.
Although she is no longer the owner, Barbara Corcoran remains a prominent figure in the real estate industry and has appeared on various television shows, including “Shark Tank” and “Millionaire Matchmaker.”