Shark Tank Investor Barbara Corcoran's Net Worth

April 22, 2020

#money

A big part of the success of Shark Tank comes from the investors on the show. However, you don't often hear a lot about the backgrounds of these people or how much they're actually worth. If you want to know more about Barbara from Shark Tank, read on.

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"Don't you dare underestimate the power of your own instinct." - Barbara Corcoran

Bio

Barbara Corcoran is the definition of a businesswoman and investor, which all started with a real estate group she founded in her early career. The Corcoran Group was sold for a whopping $66 million, helping to launch her career as an investor.

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"No one tells salesmen what they can and can't do." - Barbara Corcoran

Barbara Corcoran has been a Shark investor on Shark Tank for 9 seasons and has made countless deals. In addition to her investments and business interests, Barbara also hosts The Millionaire Broker on CNBC and writes a weekly column for the New York Daily News.

Barbara Corcoran's Early Life

Barbara Corcoran was born March 10, 1949 in Edgewater, New Jersey. She is the second of 10 children in a large Irish-Catholic family, which led to her attending a small Catholic elementary school. After high school, Barbara attended St. Thomas Aquinas College where she received a Bachelor's degree in education in 1971.

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"In New York City, the meek don't inherit the earth. The big mouth does." - Barbara Corcoran

Barbara would go on to teach school for a year after her graduation, but it wasn't long before she wanted to be her own boss in the real estate world. In the beginning of the 1980s, The Corcoran Group that would later sell for $66 million was founded.

What Is Barbara Corcoran's Net Worth?

As you might have guessed from her appearances on Shark Tank, Barbara Corcoran is worth quite the sum of money. This accumulation of wealth began with the sale of her real estate company, the Corcoran Group, for $66 million in 2001.

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"If a house is priced appropriately, make a bid 10 percent below that amount." - Barbara Corcoran

Later that year, Barbara purchased a Park Avenue co-op apartment for $3.5 million. In 2015, Corcoran purchased a Fifth Avenue penthouse for $10 millions. Of course, she also makes money from appearances on Shark Tank, her CNBC show and her New York Times columns.

Barbara's Shark Tank Deals

To date, Barbara Corcoran has made 53 deals on Shark Tank. The biggest investment she made was $350,000 for 40% of Coverplay in the fourth episode of the first season.

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"No loan is free. The costs are in your loan somewhere, maybe rolled into the amount to be refinanced or even coming at a higher interest rate." - Barbara Corcoran

Some of the other things Barbara invested in include Villy Customs, Stress Free Kids, KaZAM Bikes and Scratch & Grain Baking Co. The average investment made by Barbara is about $103,000. Interestingly enough, many of the deals that Barbara tends to invest in are ones that former Shark Tank Shark investor Mark Cuban also invested in.