Barbara Corcoran: Shark Tank Star’s Journey, L.A. Fires Loss, Net Worth, Family, and Books

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Written By Kemi Jorq

Barbara Corcoran, the charismatic Shark Tank investor and real estate mogul, has captured the hearts of millions with her sharp business acumen, relatable personality, and inspiring journey. From building a billion-dollar real estate empire to losing her beloved mobile home in the L.A. fires, Corcoran’s life is a testament to resilience, creativity, and unwavering determination. In this in-depth article, we’ll explore her career highlights, who is her husband Barbara Corcoran, What is Shark Tank, her books, personal life, net worth, her children and the emotional impact of the recent tragedy that struck her “little slice of heaven.”

Table of Contents

Barbara Corcoran Bio / Wiki

FieldDetails
Full NameBarbara Ann Corcoran
Date of BirthMarch 10, 1949
Place of BirthEdgewater, New Jersey, USA
NationalityAmerican
EducationBachelor’s in Education from St. Thomas Aquinas College (1971)
OccupationReal Estate Mogul, Investor, Author, Television Personality
Famous ForFounder of The Corcoran Group, “Shark Tank” investor, motivational speaker
Net WorthEstimated $100 million (as of recent reports)
SpouseBill Higgins (married in 1988)
ChildrenTwo: One biological son (Tom) and one adopted daughter (Kate)
Key Achievements– Founded The Corcoran Group, sold for $66 million in 2001
– Star investor on ABC’s “Shark Tank”
– Authored bestselling business books
– Ranked as a top influencer and motivational speaker
PhilanthropySupports women entrepreneurs, education initiatives, and housing charities

Barbara Corcoran’s Loss in the L.A. Fires

Shark Tank's Barbara Corcoran Loses Pacific Palisades Mobile Home to LA Wildfires

On January 7, 2025, the devastating Palisades Fire swept through the Tahitian Terrace Mobile Home Park in Pacific Palisades, Los Angeles. Among the victims was Barbara Corcoran, who lost her cherished mobile home. She described it as her “little slice of heaven,” a place where she had formed deep connections with her neighbors over five years.

Corcoran shared her grief on Instagram on January 10, 2025, posting a heartfelt video. She shared her heartbreak, not only for her own loss but also for her neighbors, many of whom were above 70s who had poured their life savings into their homes. The fire destroyed the entire community, leaving many with nothing.

“It’s heartbreaking to see everything gone. This was more than a home; it was a community filled with love and memories.” – Barbara Corcoran

In response to the tragedy, Corcoran launched a GoFundMe campaign to help displaced residents. She also expressed gratitude to the first responders who worked tirelessly to keep people safe during the crisis.

Before Barbara Corcoran’s LA Mobile Home (21 July 2023 by @CALEBWSIMPSON)


After Barbara Corcoran’s LA Mobile Home Loss in the L.A. Fires (10 January 2025 by @barbaracorcoran)


Key Updates Wild Fires Los Angeles

The greater Los Angeles area is grappling with a series of devastating wildfires that have caused unprecedented destruction. Here’s what we know so far:

Key Facts About the Wildfires (Updated Jan. 11, 2025):

Key Facts About the Wildfires (Updated Jan. 11, 2025):

  • Casualties: At least 11 people have died, with the true death toll still unknown as fires continue to rage.
  • Destruction: Over 12,000 structures have been destroyed, with entire streets reduced to ashes.
  • CauseDry conditions and powerful winds have fueled at least five major blazes, spreading rapidly through highly populated areas.
  • Major Fires:
    • Palisades Fire: Burned over 21,000 acres, with only 8% containment. Evacuation orders expanded to parts of Encino.
    • Eaton Fire: Burned nearly 14,000 acres in the Pasadena area, with 3% containment.
  • Water Supply Issues: Governor Gavin Newsom has called for an independent investigation into the loss of water pressure in fire hydrants and the unavailability of water from the Santa Ynez Reservoir.
  • Heroic Tragedies: At least two victims died while trying to protect their homes, and another stayed behind with his son, who had cerebral palsy and could not evacuate.

Barbara Corcoran’s Early Life and Struggles

Barbara Corcoran’s journey to success is nothing short of inspiring. Born on March 10, 1949, in Edgewater, New Jersey, she grew up in a cramped apartment with nine siblings. Struggling in school, she was diagnosed with dyslexia, a challenge that shaped her resilience and creativity.

Her mother played a pivotal role in her life, encouraging her imagination and teaching her to see setbacks as opportunities. This mindset became the foundation of Corcoran’s entrepreneurial spirit.

Building a Real Estate Empire

In her 20s, Corcoran worked as a receptionist at a real estate company in New York. With a $1,000 loan from her then-boyfriend, she started her own real estate firm, The Corcoran Group. Her innovative thinking and creativity helped her stand out in a competitive market.

For example, when struggling to rent an apartment, she marketed it as a “one bedroom and den,” resulting in a flood of calls. By 2001, she sold The Corcoran Group for $66 million, cementing her status as a real estate mogul.

Barbara Corcoran on Shark Tank

Barbara Corcoran Shark Tank Star’s Journey,

Corcoran joined ABC’s Shark Tank in 2009 as one of the original investors. Over nine seasons, she has invested in over 80 businesses, becoming one of the most beloved sharks. Her ability to spot potential and her relatable personality have made her a fan favorite.

“Business is a highly creative endeavor. With imagination, anything is possible.” – Barbara Corcoran

What is Shark Tank?

Shark Tank is a reality TV show where entrepreneurs pitch their business ideas, products, or services to a panel of wealthy investors (the sharks) in hopes of securing funding and mentorship. The sharks are self-made millionaires and billionaires who use their own money to invest in the businesses they believe in. In exchange, they typically ask for equity (a percentage of ownership) in the company.

The show originated in Japan under the name “Dragons’ Den” and has since been adapted in over 30 countries. The U.S. version, Shark Tank, airs on ABC and has become a platform for launching some of the most successful businesses in recent years.


Barbara Corcoran’s Life and Career Timeline

Barbara Corcoran’s journey from a struggling student with dyslexia to a real estate mogul and beloved Shark Tank investor is nothing short of extraordinary. Below is a detailed timeline highlighting the key milestones in her life and career.

Barbara Corcoran’s Timeline

YearEvent
1973Founded The Corcoran Group with a $1,000 loan from her then-boyfriend.
1978Published her first real estate newsletter, “The Corcoran Report,” analyzing NYC real estate trends.
2001Sold The Corcoran Group for $66 million to NRT, a real estate brokerage company.
2009Joined the cast of ABC’s Shark Tank as one of the original investors.
2011Released her bestselling book, “Shark Tales: How I Turned $1,000 into a Billion Dollar Business.”
2015Honored with the Women’s Entrepreneurship Day Pioneer Award at the United Nations.
2020Launched her popular business podcast, “Business Unusual with Barbara Corcoran.”
2022Became a first-time grandmother when her son, Tom, had a child.
2025Lost her mobile home in the Palisades Fire on January 7, 2025, and launched a GoFundMe campaign to help displaced residents.
2025Continues her work as an investor, motivational speaker, and advocate for entrepreneurs.

Key Highlights of Barbara Corcoran’s Career

AchievementDetails
Founding The Corcoran GroupStarted with a 1,000 loan and grew it in 66 million business.
Selling The Corcoran GroupSold the company in 2001, marking one of the largest real estate deals.
Shark Tank SuccessInvested in over 80 businesses and became a fan-favorite shark.
Author and PodcasterAuthored bestselling books and hosts the popular podcast “Business Unusual.”
PhilanthropySupports women entrepreneurs, education, and housing charities.
Overcoming DyslexiaTurned her struggle with dyslexia into a strength, using creativity to succeed.

Barbara Corcoran’s Personal Life Timeline

YearEvent
1988Married Bill Higgins, a former Navy Captain and FBI agent.
1993Welcomed her son, Tom, through IVF.
2005Adopted her daughter, Kate.
2022Became a grandmother for the first time.
2025Shared her emotional journey after losing her mobile home in the L.A. fires.

Barbara Corcoran’s Personal Life

Marriage to Bill Higgins

Barbara Corcoran married Bill Higgins, a former Navy Captain and FBI agent, on February 14, 1988. Their love story is one of persistence and partnership. Corcoran pursued Higgins for six months after he initially declined to spend the weekend with her.

The couple has two children: Tom (born in 1993 through IVF) and Kate (adopted in 2005). In 2022, Corcoran became a first-time grandmother when Tom had a son.

Supportive Partnership

Higgins has always supported Corcoran’s career, even making business cards with the title “Spouse” to show his pride in her accomplishments. Their relationship is built on mutual respect, humor, and love.

Who is Barbara Corcoran’s Husband? Meet Bill Higgins

Behind every successful woman is a supportive partner, and for Barbara Corcoran, that partner is her husband, Bill Higgins. A former Navy Captain and FBI agent, Higgins has been a constant source of strength and encouragement in Corcoran’s life. Their love story is one of persistence, partnership, and mutual respect. Let’s dive into who Bill Higgins is, his background, and his role in Barbara Corcoran’s life.

Bill Higgins Bio / Wiki

FieldDetails
Full NameBill Higgins
Date of BirthNot publicly disclosed
Place of BirthUnited States
NationalityAmerican
EducationGraduated from the U.S. Naval Academy in 1966
OccupationFormer Navy Captain, FBI Agent, Real Estate Professional
Famous ForBeing the supportive husband of Barbara Corcoran
SpouseBarbara Corcoran (married in 1988)
ChildrenTwo with Barbara: Tom (biological) and Kate (adopted)
Previous MarriageHas four children from a prior marriage
Key Achievements– Served in the U.S. Navy, including during Desert Storm
– Worked as an FBI agent
– Owned and sold the William F. Higgins Agency, a real estate business

Bill Higgins’ Background and Career

Bill Higgins is a man of discipline, service, and quiet strength. After graduating from the U.S. Naval Academy in 1966, he served as a Navy Captain, including during Operation Desert Storm. His military background instilled in him a sense of duty and resilience, qualities that have undoubtedly supported Barbara Corcoran in her entrepreneurial journey.

After his military service, Higgins worked as an FBI agent, further showcasing his commitment to serving his country. Later, he transitioned into the real estate industry, owning and operating the William F. Higgins Agency, which he sold in 1997.

How Barbara Corcoran and Bill Higgins Met

Barbara and Bill’s love story began in 1981 at a real estate conference. At the time, both were working in the real estate industry. Corcoran was immediately drawn to Higgins, but he initially played “hard to get,” declining her invitation to spend the weekend together. Undeterred, Barbara pursued him for six months, and their relationship blossomed from there.

Their connection was built on friendly competition and mutual respect. Higgins proposed during a trip to Norway, and the couple tied the knot on February 14, 1988.

Their Marriage and Family Life

Barbara and Bill’s marriage is a true partnership. They have two children together: Tom, born in 1993 through IVF, and Kate, adopted in 2005. Higgins also has four children from a previous marriage, making their family a beautiful blend of love and support.

In 2022, the couple celebrated a new milestone when their son, Tom, welcomed a baby, making Barbara and Bill first-time grandparents. Corcoran often shares her joy of being a mother and grandmother, crediting Higgins for his unwavering support.

Bill Higgins’ Role in Barbara Corcoran’s Success

Bill Higgins has always been Barbara Corcoran’s biggest cheerleader. When Corcoran’s career began to skyrocket, Higgins took a step back to support her, even creating business cards with the title “Spouse” to show his pride in her accomplishments. His humility and willingness to let Barbara shine are a testament to the strength of their relationship.

“Bill is my rock. He’s always been there for me, through the highs and the lows.” – Barbara Corcoran

Fun and Humor in Their Relationship

Barbara and Bill’s relationship is filled with lighthearted moments and humor. Higgins often participates in Corcoran’s social media antics, including dressing up as Taylor Swift and Travis Kelce for Halloween. Their playful dynamic keeps their relationship fresh and fun, even after decades of marriage.

Bill Higgins’ Legacy

While Bill Higgins may not be in the spotlight like his wife, his contributions to their family and his support for Barbara’s career are immeasurable. His military and FBI background, combined with his quiet strength, have made him the perfect partner for one of the most successful women in business.

Why Bill Higgins Matters

Bill Higgins is more than just Barbara Corcoran’s husband; he’s a symbol of partnership, humility, and unconditional support. His willingness to stand by Barbara’s side, celebrate her successes, and share in her challenges is a reminder that behind every great woman is a great man.

“A strong marriage isn’t about two perfect people; it’s about two imperfect people who refuse to give up on each other.” – Barbara Corcoran


Bill Higgins’ story is one of service, love, and quiet strength. Together, he and Barbara Corcoran have built a life filled with love, laughter, and unwavering support—a true partnership in every sense of the word.

Barbara Corcoran’s Net Worth and Lifestyle

As of recent reports, Barbara Corcoran’s net worth is estimated at $100 million. Her income comes from various sources, including real estate, Shark Tank investments, book sales, and brand partnerships.

Despite her wealth, Corcoran remains grounded and focused on giving back. She supports causes like women entrepreneurseducation initiatives, and housing charities.

Barbara Corcoran’s Impact and Legacy

Barbara Corcoran’s influence extends far beyond her financial success. She has inspired countless entrepreneurs with her story of turning $1,000 into a billion-dollar business. Her books, podcast, and motivational speeches continue to empower people worldwide.

Barbara Corcoran’s Books: A Treasure Trove of Wisdom and Inspiration

Barbara Corcoran's Books Key Lessons and Insights

Barbara Corcoran isn’t just a successful entrepreneur and Shark Tank star—she’s also a prolific author who has shared her life lessons, business strategies, and personal stories through her books. Her writing is a blend of practical advice, heartfelt anecdotes, and motivational insights, making her books a must-read for anyone looking to succeed in business and life. Here’s an overview of her most notable works and what they offer.

1. Use What You’ve Got, and Other Business Lessons I Learned from My Mom

In this book, Corcoran pays tribute to her mother, whose wisdom and unconventional advice shaped her journey from a modest upbringing to becoming a real estate mogul. The book is structured around 25 life lessons that Corcoran learned from her mom, each illustrated with personal stories and practical business tips.

Key Themes:

  • Resourcefulness: How to make the most of what you have, even when resources are limited.
  • Resilience: The importance of bouncing back from failures and setbacks.
  • Creativity: Thinking outside the box to solve problems and seize opportunities.

“My mother taught me that you don’t need money to make money—you just need guts, creativity, and a willingness to work hard.” – Barbara Corcoran

This book is perfect for anyone looking to embrace their unique strengths and turn challenges into opportunities.

2. Shark Tales: How I Turned $1,000 into a Billion Dollar Business

In Shark Tales, Corcoran takes readers on a journey through her incredible rise from borrowing $1,000 to building a billion-dollar real estate empire. The book is packed with behind-the-scenes stories from her time on Shark Tank, as well as lessons she learned along the way.

Key Themes:

  • Entrepreneurship: The highs and lows of starting and scaling a business.
  • Failure as a Teacher: How Corcoran turned her failures into stepping stones for success.
  • Unconventional Wisdom: Lessons from her mother that defied traditional business advice.

“Success isn’t about avoiding failure; it’s about learning from it and moving forward.” – Barbara Corcoran

This book is a candid, inspiring read for aspiring entrepreneurs and anyone who wants to understand the mindset of a self-made millionaire.

3. Nextville: Amazing Places to Live Your Life

Nextville is a unique guide that helps readers find the perfect place to live at different stages of life. Corcoran combines her real estate expertise with insights into lifestyle and personal fulfillment, offering practical advice on choosing locations that align with individual needs and goals.

Key Themes:

  • Quality of Life: How to prioritize happiness and well-being when choosing where to live.
  • Real Estate Investment: Tips for making smart property decisions that enhance your lifestyle.
  • Life Stages: Tailoring your living situation to match your current and future needs.

“Your home isn’t just where you live—it’s where you build your life.” – Barbara Corcoran

This book is ideal for anyone considering a move or looking to make their living space more aligned with their personal and professional aspirations.

4. If You Don’t Have Big Breasts, Put Ribbons on Your Pigtails

Also known as Use What You’ve Got, this book is a playful yet powerful guide to succeeding in business by leveraging your unique strengths. Corcoran shares personal stories and lessons from her mother, emphasizing the importance of creativity, confidence, and resourcefulness.

Key Themes:

  • Personal Branding: How to stand out and make a lasting impression.
  • Marketing: Creative strategies for promoting yourself and your business.
  • Team Building: Building a team that complements your strengths and shares your vision.

“If you don’t have what everyone else has, figure out what you do have and make it work for you.” – Barbara Corcoran

This book is a fun, insightful read for anyone looking to carve out their own path to success.

Why Barbara Corcoran’s Books Matter

Barbara Corcoran’s books are more than just business guides—they’re a reflection of her journey, values, and philosophy. Here’s why they resonate with readers:

  1. Relatability: Corcoran’s humble beginnings and candid storytelling make her advice accessible to everyone.
  2. Practicality: Her books are packed with actionable tips and strategies that readers can apply to their own lives and careers.
  3. Inspiration: Corcoran’s optimism and resilience serve as a reminder that success is possible, no matter where you start.

Final Thoughts

Whether you’re an aspiring entrepreneur, a seasoned business professional, or simply someone looking for inspiration, Barbara Corcoran’s books offer valuable lessons and insights. From leveraging your unique strengths to finding the perfect place to call home, her writing is a testament to the power of creativity, resilience, and hard work.

“The best business advice doesn’t come from a textbook—it comes from real-life experiences and the people who inspire you along the way.” – Barbara Corcoran

If you’re ready to take your life and career to the next level, pick up one of Barbara Corcoran’s books and let her wisdom guide you. After all, as she often says, “You don’t need money to make money—you just need guts, creativity, and a willingness to work hard.”


FAQs About Barbara Corcoran

Is Barbara Corcoran married?

Yes, Barbara Corcoran has been married to Bill Higgins since 1988.

What is Barbara Corcoran’s net worth?

Her net worth is estimated at $100 million.

How many children does Barbara Corcoran have?

She has two children: Tom and Kate.

What happened to Barbara Corcoran’s mobile home?

Her mobile home was destroyed in the Palisades Fire on January 7, 2025.

Is Barbara Corcoran dyslexic?

Yes, she was diagnosed with dyslexia as a child.

What are Barbara Corcoran’s most popular books?

Barbara Corcoran has written several books, but her most popular ones include:

  • Use What You’ve Got, and Other Business Lessons I Learned from My Mom
  • Shark Tales: How I Turned $1,000 into a Billion Dollar Business
  • Nextville: Amazing Places to Live Your Life
  • If You Don’t Have Big Breasts, Put Ribbons on Your Pigtails (also known as Use What You’ve Got)

Conclusion

Barbara Corcoran life is a powerful reminder that success is not defined by where you start but by your determination, creativity, and resilience. From building a real estate empire to losing her “little slice of heaven” in the L.A. fires, Corcoran continues to inspire with her strength and generosity. Her story encourages us all to embrace challenges and turn them into opportunities.

If you’re inspired by Barbara Corcoran’s journey, share this article and let her story motivate you to chase your dreams, no matter the obstacles.

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