Barbara Corcoran

Barbara Ann Corcoran[3] (born March 10, 1949)[4] is an American businesswoman, investor, speaker, consultant, syndicated columnist, author, and television personality. She founded The Corcoran Group, a real estate brokerage in New York City, which she sold to NRT for $66 million in 2001. One of the show's original "Shark" investors, Corcoran has appeared in all 12 seasons of ABC's Shark Tank to date.[5] As of February 2020, she has made 53 deals on the show, the largest being a $350,000 investment for 40% of Coverplay.[6]

Barbara Corcoran
Corcoran at a LinkedIn event
Born
Barbara Ann Corcoran

(1949-03-10) March 10, 1949
Edgewater, New Jersey, U.S.
Alma materSt. Thomas Aquinas College (Bachelor of Education, 1971)
OccupationCommentator and Television personality
Net worthUS$80 Million[1]
Spouse(s)
Bill Higgins
​
(m. 1988)​
Children2[2]
Websitewww.barbaracorcoran.com

Corcoran is a columnist for More, The Daily Review, and Redbook. She has written several books, and has been featured on Larry King Live, NBC's Today show, hosts The Millionaire Broker with Barbara Corcoran on CNBC, writes a weekly column in the New York Daily News, and is a speaker and consultant.

Early life and education

Corcoran was born in Edgewater, New Jersey,[3] the second of 10 children[7] in a working class Irish-Catholic family.[8] Her mother, Florence, was a homemaker. Her father, Edwin W. Corcoran Jr., bounced from job to job throughout Corcoran's childhood. At times her family relied on deliveries of free food from a friendly local grocer. Corcoran remembers her father as a man who occasionally drank too much and who treated her mother with disrespect and condescension, particularly when he'd been drinking.[9]

Due to dyslexia Corcoran struggled throughout her schooling. She attended a local Catholic elementary school and started high school at St. Cecilia High School in Englewood. After flunking several courses her freshman year, she transferred to Leonia High School where she graduated a D student.[10][11]

She faired little better in college, but graduated from St. Thomas Aquinas College with a degree in education in 1971.[12][13]

Career

After graduating college, she taught school for a year but soon moved on. She had worked a total of 20 jobs by the time she was 23,[14] including a side job renting apartments in New York City. While she was a waitress, her boyfriend convinced her to work for a real estate company.[15] She wanted to be her own boss, and in 1973, while working as a receptionist for the Giffuni Brothers’ real estate company in New York City, co-founded The Corcoran-Simonè with her boyfriend, who loaned $1,000.[16][10] She split from her boyfriend 7 years later after he told her he was going to marry her secretary[15] and she then formed her own firm, The Corcoran Group.[17]

In the mid-1970s, she also began publishing The Corcoran Report, a newsletter covering real estate data trends in New York City.[13]

In 2001, Corcoran sold her business to NRT for $66 million.[18][19][20]

In September 2017, Corcoran was announced as a contestant for season 25 of Dancing with the Stars, where she was partnered with Keo Motsepe.[21] She is the third Shark Tank "shark", after Mark Cuban and Robert Herjavec, to take part. On September 25, 2017, Corcoran and Motsepe were the first couple eliminated.

In 2020, she appeared on the sixth season of Grace and Frankie as herself.

Personal life

Corcoran lives in Manhattan with her husband, Bill Higgins, a retired Navy captain who participated in the Gulf War[22] and is a former FBI agent. The couple married in 1988.[23] Corcoran gave birth to their son, Tom, in 1994, via in vitro fertilization, with an egg donated by her sister Florence.[20][18] The couple later adopted a daughter, Kate.[2]

In 2001, she purchased a 2,700 square-foot apartment in a co-op building on Park Avenue for $3.5 million.[20]

In 2015, Corcoran purchased a penthouse unit on Fifth Avenue for $10 million.[24]

In 2019, for her 70th birthday, she held a mock funeral.[4]

Her hobbies include skiing and going to the beach.[25]

Corcoran has dyslexia and was labeled the ‘dumb kid’ by her teachers and classmates. According to Corcoran, the bullying "drove her to work harder and learn the skills she needed to succeed."[26]

Selected bibliography
  • If You Don't Have Big Breasts, Put Ribbons On Your Pigtails: and Other Lessons I Learned From My Mom; (aka "Use What You've Got"). New York City: Penguin. 2003. ISBN 1-59184-002-3. (co-authored with Bruce Littlefield)
  • Nextville: Amazing Places to Live Your Life. Springboard Press. 2008. ISBN 978-0-446-17827-3.
  • Shark Tales: How I Turned $1,000 into a Billion Dollar Business. SPortfolio Trade. 2011. ISBN 1-59184-418-5. (co-authored with Bruce Littlefield)

References
  1. "Barbara Corcoran Net Worth: 5 Fast Facts You Need to Know". Heavy. October 14, 2018.
  2. Barbuti, Angela (April 18, 2014). "Barbara Corcoran of 'Shark Tank': 5 Fast Facts You Need to Know". Heavy.
  3. "Barbara Corcoran Biography". TV Guide. Retrieved February 27, 2020.
  4. Moniuszko, Sara M. (May 1, 2019). "'Shark Tank' star Barbara Corcoran held a fake funeral for her 70th birthday". USA Today. The 'Stark Tank' star, who turned 70 on March 10...
  5. "About Barbara". Barbara Corcoran official website.
  6. "Barbara Corcoran's Shark Tank track record". Sharkalytics. Retrieved February 27, 2020.
  7. Stern, Carly (July 8, 2019). "What's in a Pitch? Barbara Corcoran Knows All Too Well". Ozy.
  8. Real Estate Mogul: Barbara Corcoran. NPR. April 24, 2017.
  9. Frieswick, Kris (November 2016). "Why Barbara Corcoran Thinks Growing Up Poor Is a Key Ingredient for Success". Inc. Magazine. Retrieved January 15, 2021.
  10. Corcoran, Barbara; Littlefield, Bruce (2011). Shark Tales: How I Turned $1,000 Into a Billion Dollar Business. Penguin Books. p. 64. ISBN 1-59184-418-5.
  11. Locke, Taylor (March 10, 2020). "Barbara Corcoran: How dyslexia 'made me a millionaire'". CNBC. Retrieved January 15, 2021.
  12. "Alumni Hall of Fame". St. Thomas Aquinas College.
  13. Livingston, R.T. (December 2000). "The Corcoran Group: A Marketing Maven Forges into the Future". The Cooperator.
  14. "barbara corcoran: About". Barbara Corcoran official website. Retrieved January 15, 2021.
  15. Lebowitz, Shana (November 21, 2017). "Barbara Corcoran's ex-boyfriend dumped her for her secretary — and it was the best thing to happen to her career". Business Insider.
  16. Berger, Sarah (December 29, 2017). "How this important skill helped Barbara Corcoran turn a $1,000 loan into a $66 million empire". CNBC.
  17. How to Get a Shark to Invest by Barbara Corcoran. March 15, 2018 – via YouTube.
  18. Green, Penelope (September 25, 2005). "The Real Estate 'Queen' in Her Hive". The New York Times. ISSN 0362-4331.
  19. "Barbara Corcoran: Rejection Breeds Success". The Wall Street Journal. June 2, 2011.
  20. McGeveran, Tom (December 1, 2001). "Corcoran Sells Out to Giant Group NRT; Will Barbara Stay?". The New York Observer.
  21. "Meet the 'DWTS' season 25 celebrity cast: Frankie Muniz, Barbara Corcoran and more". ABC News. September 6, 2017.
  22. "Alpha Women, Beta Men". New York.
  23. Calaway, Libby (May 12, 1999). "The Most Henpecked Man in Manhattan". New York Post.
  24. Gould Keil, Jennifer (April 8, 2015). "Broker legend Barbara Corcoran buys $10M penthouse". New York Post.
  25. "A look at Barbara Corcoran, 'Shark Tank' investor and founder of NYC real estate brokerage". Fox Business. Associated Press. August 6, 2014.
  26. Locke, Taylor (March 10, 2020). "Barbara Corcoran: How dyslexia 'made me a millionaire'". CNBC. Retrieved August 19, 2020.
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