Barbara Corcoran

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Barbara Corcoran
Barbara Corcoran (cropped).jpg
Corcoran at a LinkedIn event
Born
Barbara Ann Corcoran

(1949-03-10) March 10, 1949 (age 70)
ResidenceNew York City, New York, 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

Barbara Ann Corcoran (born March 10, 1949[3][4][5]) 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, that she sold to NRT for $66 million in 2001. She is now a television personality as a "Shark" investor on ABC's Shark Tank, a position she has held for 9 seasons.[6] She has made 59 deals on the show, pledging a total of $5.4 million, the largest being a $350,000 investment in Coverplay. Her mean investment size is $103,113 and her median investment size is $75,000.[7]

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 guest speaker and consultant.

Early life and education[edit]

Corcoran was born and raised in Edgewater, New Jersey to a family of Irish Catholics.[8] She is the 2nd of 10 children.[9] She attended a local Catholic elementary school and then attended St. Cecilia High School in Englewood for her freshman year before flunking out of several courses and transferring to Leonia High School.[10]

She graduated from St. Thomas Aquinas College with a degree in education in 1971.[11][12]

Career[edit]

After graduation, she taught school for a year, but soon moved on working various jobs 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.[13] 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.[14][10] She split from her boyfriend 7 years later after he told her he was going to marry her secretary[13] and she then formed her own firm, The Corcoran Group.[15]

In the mid-1970s, she also began publishing The Corcoran Report, a newsletter covering real estate data trends in New York City.[12]

In 2001, Corcoran sold her business to NRT for $66 million.[3][16][17]

In September 2017, Corcoran was announced as a contestant for season 25 of Dancing with the Stars, where she was partnered with Keo Motsepe.[18] 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.

Personal life[edit]

Corcoran lives in Manhattan with her husband, Bill Higgins, a retired Navy captain and participant in the Gulf War[19] and a former FBI agent; they married in 1988.[20] Barbara gave birth to their son Tom in 1994, via in vitro fertilisation, with an egg donated by her sister, Florence.[17][3] 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.[17]

In 2015, she purchased a penthouse unit on Fifth Avenue for $10 million.[21]

In 2019, for her 70th birthday, she had a mock funeral.[22]

Her hobbies include skiing and going to the beach.[23]

Corcoran considers Donald Trump to be a great salesman but did not support him for president. She accurately predicted his victory in the 2016 election. [24]

Selected works[edit]

  • 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 : 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[edit]

  1. ^ "Barbara Corcoran Net Worth: 5 Fast Facts You Need to Know". Heavy.com. October 14, 2018.
  2. ^ a b Barbuti, Angela (April 18, 2014). "Barbara Corcoran of 'Shark Tank': 5 Fast Facts You Need to Know". Heavy.com.
  3. ^ a b c Green, Penelope (September 25, 2005). "The Real Estate 'Queen' in Her Hive". The New York Times. ISSN 0362-4331.
  4. ^ Whitford, David (February 28, 2006). "Stepping Into a New Role". Fortune.
  5. ^ Neuman, William (October 30, 2005). "Big Deal: A Gun, a Gallop and a Goodbye". The New York Times.
  6. ^ "About Barbara".
  7. ^ "Barbara Corcoran's Shark Tank track record". Sharkalytics.
  8. ^ "Real Estate Mogul: Barbara Corcoran". NPR. April 24, 2017.
  9. ^ Stern, Carly (July 8, 2019). "WHAT'S IN A PITCH? BARBARA CORCORAN KNOWS ALL TOO WELL". Ozy.
  10. ^ a b 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. ^ "Alumni Hall of Fame". St. Thomas Aquinas College.
  12. ^ a b Livingston, R.T. (December 2000). "The Corcoran Group: A Marketing Maven Forges into the Future". The Cooperator.
  13. ^ a b 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.
  14. ^ Berger, Sarah (December 29, 2017). "How this important skill helped Barbara Corcoran turn a $1,000 loan into a $66 million empire". CNBC.
  15. ^ How to Get a Shark to Invest by Barbara Corcoran. March 15, 2018 – via YouTube.
  16. ^ "Barbara Corcoran: Rejection Breeds Success". The Wall Street Journal. June 2, 2011.
  17. ^ a b c McGeveran, Tom (December 1, 2001). "Corcoran Sells Out to Giant Group NRT; Will Barbara Stay?". The New York Observer.
  18. ^ "Meet the 'DWTS' season 25 celebrity cast: Frankie Muniz, Barbara Corcoran and more". ABC News. September 6, 2017.
  19. ^ "Alpha Women, Beta Men". New York.
  20. ^ Calaway, Libby (May 12, 1999). "THE MOST HENPECKED MAN IN MANHATTAN". New York Post.
  21. ^ Gould Keil, Jennifer (April 8, 2015). "Broker legend Barbara Corcoran buys $10M penthouse". New York Post.
  22. ^ Moniuszko, Sara M. (May 1, 2019). "'Shark Tank' star Barbara Corcoran held a fake funeral for her 70th birthday". USA Today.
  23. ^ "A look at Barbara Corcoran, 'Shark Tank' investor and founder of NYC real estate brokerage". Fox Business. Associated Press. August 6, 2014.
  24. ^ Nededog, Jethro (September 30, 2016). "'Shark Tank' investor Barbara Corcoran weighs in on fellow real estate mogul Donald Trump". Business Insider.

External links[edit]