Shark Tank

Barbara Corcoran: 5 Fast Facts You Need to Know

Barbara Corcoran is the self-made millionaire via her real estate company, the Corcoran Group who occupies one of the coveted chairs on ABC’s hit entrepreneurial show, “Shark Tank.” She sits alongside Lori Greiner, Mark Cuban, Daymond John, Robert Herjavec and other guest investors as they listen to hopefuls pitch their business ideas for an investment in their companies.

Who is Barbara Corcoran? Let’s get down to it.

Update: Was Barbara Corcoran’s Net Worth Affected by the Phishing Scam?

Barbara Corcoran’s company was the victim of a phishing attack which through some very savvy hackers enabled her company to wire $400K+ to a bank overseas. While the bookkeeper at the company believed the request to be legitimate over email, it turned into a complete scam. The company is out the $400K and it is uncertain if they will receive the money back. While this is a big amount, Barbara Corcoran’s Net Worth of $80 million won’t be hurt by the mistake.

Barbara Corcoran Net Worth

1. In a recent podcast with Mark Cuban, Barbara mentioned that she sold her business back in 2001 for $66 million. She started her business with just $1000 and turned it into millions. The millionaire also says when she sold her business she was “frightened stiff” and “didn’t spend a dime of it for two years so she could protect her money.” Today’s most recent numbers say she is worth $80 million.

According to Variety, the Sharks on Shark Tank make an estimated $50K per episode. With 24 episodes a season that adds on $1.2 million per year. Since the show has been running for 10 years, that’s an additional $12 million per shark.

Credit: Instagram/Barbara Corcoran

What is Barbara Corcoran’s Age?

2. The feisty shark (from Shark Tank) from New York City is a force to be reckoned with. Born on March 10,1949 Corcoran is a young 73 years old. She is originally from Edgewater, NJ but quickly moved to NY in her adult life.

Who is Barbara Corcoran’s Husband?

3. Barbara Corcoran has mentioned her husband on a number of occasions on ABC’s Shark Tank. She mentioned he actually has ADD and she would have loved to give him a natural supplement to help him concentrate when a contestant on the show brought his solution for focus problems in college.

Barbara Corcoran’s husband is Bill Higgins, a retired Navy captain and participant in the Gulf War and a former FBI agent. (according to Wikipedia). They were married in 1988.

Does Barbara Corcoran have kids?

4. Barbara and her husband Bill Higgins have a son named Tom who was conceived via in vitro fertilization with an egg donated by her sister Florence. Their second child is Kate, who they adopted.

Who is Barbara Corcoran’s Daughter?

Barbara and Bill adopted young Kate into their family. Kate is very close to her brother Tom as can be seen in the image below.

Barbara is so close to her daughter Kate and shared a sweet picture of the two of them. Looks like Kate is growing up though because Barbara said she is dealing with “Empty Nest Syndrome.”

Plus Barbara loves to spend time with her family!