Barbara Corcoran was born in Edgewater, New Jersey in 1949. Throughout her younger years, she had a rather unremarkable upbringing. When it came to school, she failed to excel, earning a D+ average throughout her years at high school. Nevertheless, upon graduating from high school she decided that she wanted to go on to become a teacher, and went to teacher’s college at St. Thomas Aquinas College. In 1971 she graduated with a degree in teaching, and went on to teach for one year.
After teaching for a year, Barbara learned that being a teacher wasn’t for her. With no clear plan in sight, she took on a wide variety of jobs around New York City, and is believed to have worked in more than 20 different jobs before the age of 23. One of these jobs introduced her to the world of Manhattan real estate, where she worked as a real estate agent, leasing apartments.
Always wanting to work for herself, Barbara decided in 1973 that she wanted to create her own company. With the help of a $1000 loan from her wealthy boyfriend at the time, she created The Corcoran Group, a New York based real estate company. The group quickly grew and soon began publishing a report on real estate trends in the city, known as The Corcoran Report.
For the next 25 years, Barbara worked on growing The Corcoran Group, and eventually became one of the most prominent figures in the New York real estate scene. Eventually, her success led to the sale of her company, for an estimated $66 million in 2001. Since that time, Barbara has continued to work in the New York real estate market, and has gained notoriety for her role as a real estate commentator on a variety of television shows, including Larry King Live and NBC’s Today Show. Furthermore, she hosts her own show on CNBC known as “The Millionaire Broker.”
These days, Barbara remains as active as ever, participating in countless business deals that have come out of her role on Shark Tank, as well as numerous other business ventures in the real estate market. Despite being 64 years old, Barbara is showing no signs of slowing down or retiring. Barbara Corcoran is currently married to her second husband, Bill, and the couple live in New York City.