Barbara Corcoran Net Worth 2023: Journey Of Struggle, Achievement, And Luxury

This article is for everyone searching for Barbara Corcoran net worth, assets, liabilities, and key sources of income.

We all love to sit in front of the fireplace in a moving chair with a warm blanket and a good book to read. If you do like this too, then you must be familiar with Barbara Corcoran. Her books have inspired many of her readers and made a great impact on them.

But how much she earns? You won’t believe it, she has generated a net worth of millions that you can’t even imagine. Here we have discussed her struggles, life, career, earnings, and many more.

Barbara Corcoran’s Net Worth 2023$200 Million (expected)
Birth Place10th March 1949
NationalityAmerican
CompaniesThe Corcoran Groups
Country Of Operation United States
Barbara Corcoran Wiki
net worth of barbara corcoran

Last 3 Years Networth Of Barbara Corcoran: Is It Growing?

The Net Worth of Barbara Corcoran has grown a lot in the previous years, As she was invested in various startups and her investment in the Shark gave her net worth a huge transformation.

After hours of research, we could find that experts claimed Barbara Corcoran’s net worth would increase by millions. However, a few leading websites claim that her net worth is $190 Million. She has an average 5-6% increase each year in her net worth and is expected to gain a net worth of upto $200 Million in 2023.

last three years net worth of barbara corcoran
YearNet WorthIncrease in Net Worth
2023$200 Million (expected)+5.3% (expected)
2022$190 Million+10.5%
2021$172 Million+7.5%
2020$160 MillionN/A

Background Of Barbara Corcoran

Barbara Corcoran was born and brought up in New Jersey, The family of Corcoran struggled a lot when she was a child, his father was an alcoholic. She graduated with a BEd, and she took various jobs to survive, as a woman she worked in more than 20 different jobs.

Later in 1973, she founded Corcoran groups, and after a few years, she sold Corcoran groups to NRT, and invested in more than 80 Businesses of ABC.

Let’s discuss her journey from real estate broker to Millionaire, this article will give you a closer look at her growth, success, and struggles so that you could know more about Barbara Corcoran. We have done hours of research to deliver a quality-rich article for you.

Who Is Barbara Corcoran?

Barbara Corcoran was the founder of the Corcoran Group, she is not only a business women but also an investor in more than 80 businesses, and she appeared in various television shows.

She has appeared in ABC television series for more than 13 seasons. She contributed a lot to journalism, she wrote for The Daily Review, and for New York Daily News. 

Education And Profession

  • Barbara Corcoran was born in an upper-middle-class family, she has 9 siblings. Her family struggled a lot financially, she was born and brought up in Edgewater, New Jersey.
  • She has worked in more than 20 different jobs in her teenage, and because of her boyfriend, she stepped into real estate.
  • Barbara completed her schooling at St.Cecilia High School, but she couldn’t perform well, later she found that she had Dyslexia
  • She accomplished her schooling at Leonia High School. Later in 1971, she became a BEd graduate from STAC.
  • In 1973, She and her boyfriend founded the Corcoran-Simone, they began their business by taking a loan of $1000, and after successful 7 years, Corcoran and Simon separated. 
  • After she was separated from her boyfriend she founded her own firm Corcoran Group. In 2001 The Corcoran Group was bought by NRT LLC for $66 Million.
  • Barbara has invested over 80 businesses in the shark tanks. One of her successful investments in a shark company is on “The Comfy”
  • She has also appeared in various Television shows as a participant. Barbara appeared in 13 seasons of ABC’s Shark tank.
  • Barbara has done various writing works, she was one of the columnists for Redbook, and The Daily Review and has also written various books some of which are Shark Tales, Nextville, and so on.

Family

Barbara Corcoran was born to Florence and Edwin W. Corcoran Jr in Edgewater, New Jersey. She has 9 siblings. Barbara’s mother was a homemaker and her father was an alcoholic.

He moved from job to job he couldn’t work permanently in any job. Barbara’s family struggled a lot for food in her childhood days. She has worked in more than 20 different jobs.

Social Media Accounts:

Twitter: BarbaraCorcoran
Facebook: TheBarbaraCorcoran
Instagram: barbaracorcoran

Sources Of Income Of Barbara Corcoran

In 1973, Barabara Corcoran founded her real-estate brokerage firm after breaking up with his boyfriend, Later in 2001, she sold her Corcoran Group to NRT for $66 Million.

After that, she invested in various businesses on Shark Tank. She didn’t invest only in Shark Tank, Barbara invested in various startups, and in return, she earns 15 Million per year as royalty income.

Businesses Owned By Barbara Corcoran

From 1973 to 2001, barbara owns Corcoran Group a real estate brokerage firm, later she sold it to NRT LLC for around $66 Million. Followed by that she has invested in various startups and she invested in over 80 businesses on ABC’s Shark Tank. Some of them are Coverplay, The Comfy, Bombas, Pink Shutter, Tom + Chee, Villy Customs, and so on.

Total Assets And Liabilities

By selling her firm she made millions of money, and she invested her money in various businesses she earned a lot of income through investing in various companies, and with these investments and earning her net worth reached Unimaginable heights. 

  • She took an education loan for $16,000 and repaid it within 4 years. 
  • In recent years she took a huge loan to expand her business, which remains outstanding in Bank of America.
  • She owns a $3.5 Million worth, 2,700 sq. ft. apartment in a co-op building.
  • Later in 2015, she bought a penthouse Unit worth $10 Million.
  • She owns a huge variety of luxurious cars including a McLaren 720s and a Jaguar F-type.

Popular books collection:

success story of barbara corcoran

Success Story Of Barbara Corcoran

She started working hard in her teenage, she has worked in more than 20 different jobs. Later she and her boyfriend founded Corcoran and Simone real estate firm and started earning well, after 7 years she broke up with her friend and founded the Corcoran group, later selling it for $66 Million and investing in various businesses. She came from a poor family and became a Millionaire.

Struggles and Rejections Faced by Barbara Corcoran

  • Barbara Corcoran has faced a lot of struggles from her childhood, her father was an alcoholic and he didn’t earn well so her family struggled a lot financially. 
  • Her family depends on a friendly grocery shop owner for food, she started working 20 different jobs during her teenage to earn money for her family.
  • She took an educational loan of $16,000 for her studies, and with her hard work, she paid it back after 4 years.
  • She started working as a receptionist in Griffin Brothers real estate firm, her boyfriend motivated her to start the real estate brokerage firm, he shared a loan amount of $1000 to start the business.
  • 7 years later she and her boyfriend broke up and split the business, she challenged her boyfriend that she will grow her business more in the upcoming years.
  • After all the struggles she became a Millionaire through her hard work and consistency.

Major Turning Point in the Life of Barbara Corcoran

The Major turning point in the life of Barbara Corcoran is when her boyfriend motivated her to start a real estate firm and he bought a loan for the business, her life started turning a lot after that their real estate firm become successful and they earned much.

7 years later they broke up with each other and she runs the business alone and sold it for $66 Million. With that money, she invested in various businesses and startups and her net worth reached higher heights.

Achievements of Barbara Corcoran’s Career

With her hard work and persistence, she made her firm reach the world’s stage. Through her investments, she made a lot of millionaires. By investing in various startups she helped budding business people to achieve a lot.

Awards and Recognition

Barbara Corcoran has been nominated for various awards during her career, unfortunately, she doesn’t win any awards in the past years.

  • Outstanding Host for a Reality Program
  • Outstanding Structured Reality Program 

For both of these awards, she has been nominated for consecutive years.

Life-changing Step Taken by Barbara Corcoran

Barbara Corcoran’s life was changed after she and her boyfriend started a real estate firm and they became successful in real estate. After 7 years she made another bold decision to run the company alone after her boyfriend left her.

Both of her decisions made her self empowered Business woman with a huge net worth.

How Much Does Barbara Corcoran Make In A Year?

Barbara Corcoran earns approximately $24 Million per year as a royalty income from many companies.

Brands And Companies Owned By Barbara Corcoran

Barbara Corcoran owns shares of over 80 businesses as she was invested in various startups. Currently, she doesn’t own any particular company or brand but she has invested a huge amount in 80 businesses. 

Top News And Deals By Barbara Corcoran And His Brand

  • Barbara Corcoran sold her Corcoran Groups for $66 Million.
  • Barbara Corcoran has invested in over 80 Businesses on ABC’s Shark Tank.
  • Corcoran has invested a huge amount of $350,000 in Coverplay.

People Also Ask

Who is Barbara Corcoran?

Barbara Corcoran is a businesswoman who has invested in various businesses, she has also worked as a columnist for various journals and she also appeared in various Television Shows.

Who is the Husband of Barbara Corcoran?

Bill Higgins was a retired Navy Captain, Barbara and Bill Higgins married in 1988.

Is barbara have siblings?

She has 9 siblings.

How many businesses did Barbara invest in?

Barbara invested in more than 80 businesses and funded various startups.

Final Words: Is The Barbara Corcoran’s Net Worth Growing, Degrowing, Or Stagnant?

The net worth of Barbara Corcoran reached a net worth of $190 Million in 2022, Her family was dependent on a neighbor for food, and with her hard work, she developed her entrepreneurship skill.

She has run her real estate firm successfully and sold it to millions and invested that money in various businesses of ABC’s shark tank she also helped a lot of startups and made them into millionaires. 

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