Barbara Corcoran Net Worth

Barbara Corcoran

A prominent American businesswoman, investor, and television personality

Net Worth $100 million

Barbara Corcoran, well known as a shark on the hit show “Shark Tank,” is a name synonymous with business acumen and success. Barbara Corcoran has a net worth of $100 million as of 2024. Her ventures span from founding The Corcoran Group, a real estate brokerage, to investing in various successful startups. Among her most renowned investments on “Shark Tank” is The Comfy, which notably skyrocketed her earnings. 

$4.9M Corcoran listing A Barbara Corcoran original on StreetEasy
$4.9M Corcoran listing A Barbara Corcoran original on StreetEasy I mage Credit @corcoran.com

Barbara Corcoran’s Net Worth 2024

To grasp the sheer scale of Barbara Corcoran’s financial success, one simply has to look at her net worth in 2024. Among the moguls of business and entertainment, Barbara’s net worth sets her apart as one of the wealthiest. As of 2024, Barbara Corcoran’s net worth is $100 million due to her continued success in her varied entrepreneurial pursuits.

Net worth timeline

How did Barbara Corcoran get rich?

Barbara Corcoran’s journey to wealth began with her venture into the real estate industry, where she quickly made a name for herself. With an initial $1,000 loan, she co-founded The Corcoran Group. Future strategic decisions and a knack for recognizing the potential in properties and businesses alike propelled her financial success. From starting with small beginnings, Barbara Corcoran built an empire that she sold for $66 million, solidifying her place among the financial elite. Her eye for talent and ventures has not only amassed wealth but also created a legacy.

How many businesses does Barbara Corcoran own in 2024?

As of 2024, Barbara Corcoran’s business portfolio is extensive, comprising various investments made on “Shark Tank” and other independent business ventures. The multitude of her investments and businesses contribute significantly to her financial stature.

Earnings from The Own Business

The sale of The Corcoran Group was a pivotal moment in Barbara’s career, significantly contributing to her overall wealth. Her annual earnings come from various sources, with a primary focus on business investments, book sales, and speaking engagements.

How much does Barbara Corcoran make for an episode of Shark Tank?

Barbara Corcoran earns nearly $50,000 per episode of “Shark Tank” according to sources. However, her income as a television personality is just a fraction of the income generated from her investments and businesses.

How much has Barbara Corcoran made from her Shark Tank investments?

Barbara’s investments in “Shark Tank” have been quite prolific. One of her most lucrative deals was with The Comfy, which turned a mere $50,000 investment into an astounding $468 million in just three years. This deal significantly boosted her overall net worth. Her success rate on the show is impressive, with a good number of her chosen companies turning a profit, showcasing her keen business instincts.

Shark Deals

80

Profitable Deals

53

Loss Investments

few

Success Rate

66%

How much does Barbara Corcoran make from The Comfy?

Specifically, The Comfy has generated significant returns for Barbara. The Comfy turned a mere $50,000 investment into an astounding $468 million in just three years.

Is Barbara Corcoran a billionaire?

No, Barbara Corcoran is not a billionaire. However, her net worth of $100 million places her in the higher echelons of wealthy individuals in her field.

Is Barbara Corcoran the richest shark?

While Barbara Corcoran is wealthy, she is not the richest shark on “Shark Tank.” The richest person on the show is currently Mark Cuban.

Barbara Corcoran’s Habits

Barbara Corcoran’s habits and personal strengths are integral to her success. Known for her no-nonsense attitude and keen business sense. Barbara also enjoys skiing and beach trips in her leisure time, adding balance to her busy life.

early life & background

Barbara Corcoran was born on March 10, 1949, in Edgewater, New Jersey. Growing up in a large family and facing challenges such as dyslexia didn’t deter her resolve. Instead, it fueled her determination to succeed despite being labeled the “dumb kid.” She graduated from St. Thomas Aquinas College with a degree in education before venturing into real estate. Overcoming her educational struggles and an unstable family income shaped her into the potent business force she is today.

Born

March 10, 1949

Residence

Manhattan, New York

Citizenship

American

Spouse

Bill Higgins

Children

2 Children

Parents

Florence and Edwin W. Corcoran Jr.

Siblings

9

Education

St. Thomas Aquinas College (did not complete)

career

(1951-1973)
Early Years
  • Born in Teaneck, New Jersey.
  • Graduates from Montclair State University with a degree in business administration.
(1976-1981)

Entry into Real Estate

  • Begins working as a real estate agent in New York City.
  • Founds The Corcoran Group, a real estate brokerage firm, with her then-husband.
(1998-2011)

Business Ventures and Success

  • Sells The Corcoran Group to NRT Incorporated for $66 million.
  • Invests $1 million in Mary Kay Ash Cosmetics.
  • Becomes a New York Times bestselling author with "Shark Tales."
(2007-2017)

Recognition and Advocacy

  • Receives the Horatio Alger Award in 2007 and 2017.
  • Remains a dedicated advocate for women in business.
(2010-2018)

Entrepreneurial Education Initiatives

  • Launches "Barbara Corcoran's Business Boot Camp" in 2018.
  • Provides an online resource for entrepreneurs.
  • Wins Enterprising Women of the Year Award in 2018.
(2011-2013)

Authorship

  • Publishes "Shark Tales: How I Turned $1,000 into a Billion Dollar Business Paperback" in 2011.
  • Releases "Knocking on Doors: How to Create Your Own Luck" in 2012.
  • Writes "The Barbara Corcoran Way: How to Turn Your Dreams into Reality" in 2013.
(2009-2023)

Career on "Shark Tank"

  • Joins the cast of ABC's reality show "Shark Tank" as an investor.
  • Launches "Barbara's Shark Tank for Business."
  • Continues as a leading investor on "Shark Tank."
2023 and Beyond

Present

  • Barbara Corcoran continues as a prominent figure in the business world.
  • Known for her sharp wit, investment acumen, and dedication to supporting entrepreneurs, particularly women.

faqs

1 How did Barbara Corcoran make her money?

Through her real estate brokerage, media appearances, book sales, and strategic investments.

2 How much did Barbara sell Corcoran for?

She sold The Corcoran group for $66 million.

3 Is Barbara Corcoran a billionaire?

No, she is not a billionaire.