Barbara Corcoran is an American businesswoman, investor, speaker, business consultant, author, and television personality, she has a net worth of $40 million. Barbara Corcoran has earned her net worth as a "Shark" investor on the TV program Shark Tank, which airs on ABC. She was born in Edgewater, New Jersey in 1949. She received a degree in education in 1971 from St. Thomas Aquinas College, after graduating she taught school for a year, and then held several different jobs including a side job renting apartments in New York City. She had a desire to own her own business so with the help of $1,000 loan in 1973 she opened a real estate business The Corcoran Group. She began publishing news about real estate data trends in New York City, in The Corcoran Report in the mid-1970. Real estate giant NRT Incorporated purchased Corcoran's real estate company for $66 million, in 2001. She has also appeared in More Magazine, The Daily Review, and Redbook as a columnist. Corcoran has written several books, and has been featured on such TV shows as Larry King Live. She was quoted during a 2005 interview with Business Week, about the myth called the real estate bubble. "Of course there's no bubble. I think we're just getting started… There are so many more buyers than there are homes to sell. Bidding and overbidding are the norm of the day. So it's going to take a lot to slow this market. Even if it does – which I don't see the signs of – it will still slow down slowly. That's not what a bubble does".