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Barbara Corcoran
b. 1949 Specialist
One of 10 kids who built a billion-dollar real estate firm
Barbara Corcoran was born March 10, 1949, in Edgewater, New Jersey, the second of 10 children in an Irish Catholic family living paycheck to paycheck — her father struggled to hold steady work and drank, and her mother ran the household on whatever came in. Undiagnosed dyslexia made her a poor student who was, by her own account, labeled the dumb kid throughout school, though she still earned an education degree from St. Thomas Aquinas College in 1971. She worked roughly 20 different jobs by her early twenties, waitressing and answering phones among them, before landing a receptionist job at a small New York real estate firm, the post that put her in the business she would eventually remake.
In 1973, Corcoran started a two-person real estate office with her boyfriend, Ray Simone, who lent her 1,000 dollars for a 51 percent stake. Three years later, Simone left the partnership to marry her secretary, and Corcoran took sole control at 23. She built the business, under her own name, into a dominant Manhattan residential brokerage, tracking rising prices in a newsletter, The Corcoran Report, that the city's press came to treat as a benchmark. She sold The Corcoran Group to the brokerage giant NRT in 2001 for 66 million dollars and left day-to-day management behind. In 2009 she joined ABC's Shark Tank as an original investor, a role she has kept every season since, making more than 130 deals on air, including a 50,000-dollar stake in the weighted-blanket company The Comfy that alone returned hundreds of millions of dollars.
The origin story Corcoran tells most often carries its own sting: the boyfriend who financed the business left her, midway through building it, for a secretary he found more appealing, taking with him the stability she had built the partnership around. She has said losing him hurt less than having to prove the business was hers to keep, in a decade when women in New York real estate were rarely extended credit or taken seriously as principals. The dyslexia that got her labeled a poor student became, she has argued, the reason she succeeded: unable to keep numbers straight on a page, she trained herself to read a room instead. In January 2025, a California wildfire destroyed an 800,000-dollar mobile home she owned, a reminder that real estate could be taken from her as easily as she had once sold it to others.
Corcoran turned 77 in 2026, still a fixture on Shark Tank and still giving the same blunt advice, telling young buyers to get into the market however they can rather than wait for a perfect moment. Whether her legacy settles as the founder who professionalized New York residential brokerage or as the television personality known mainly for one-liners about her working-class New Jersey childhood is not yet decided — the two versions of her still compete for attention in roughly equal measure, on television and off it, and there is no verdict due while she is still making both cases herself.
Lifespan
Barbara Corcoran's life against the full span of the corpus — the fading end marks a life still in progress.
Notable works
-
The Corcoran Group
company
Grew from a 1,000-dollar loan into New York's leading residential brokerage 1973 -
The Corcoran Report
other
Newsletter that became a benchmark for tracking Manhattan real estate prices 1976 -
Shark Tales
book
How I Turned 1,000 Dollars into a Billion Dollar Business, with Bruce Littlefield 2003 -
Shark Tank
television
Original cast investor on the ABC series 2009
Life in brief
with age at each point- March 10, 1949 aged 0 Born in Edgewater, New Jersey
- 1971 aged ~22 Graduates from St. Thomas Aquinas College
- 1973 aged ~24 Starts a real estate business with a 1,000-dollar loan Partner Ray Simone takes a 51 percent stake.
- 1976 aged ~27 Takes sole control of the business at 23 Simone leaves the partnership.
- 1988 aged ~39 Marries Bill Higgins
- September 2001 aged 52 Sells The Corcoran Group to NRT for 66 million dollars
- 2009 aged ~60 Joins Shark Tank as an original investor
- January 2025 aged 75 Loses a mobile home in the Pacific Palisades wildfire
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