Barbara Corcoran made $100 million and 'never saved a dime' — here's why that advice could backfire on you
Yahoo Finance·2026-04-30 19:15

Barbara Corcoran has a message that will make most financial advisors cringe: stop saving. The "Shark Tank" investor and real estate mogul made that declaration on a recent episode of the Burnouts podcast (1), which is hosted by Bill Gates's daughter Phoebe Gates (2) and her Stanford roommate turned business partner, Sophia Kianni. "I don't believe in saving money," Corcoran stated. "I've never saved a dime in my life (3)." For context: Corcoran is worth around $100 million (4). She built a New York rea ...

Barbara Corcoran made $100 million and 'never saved a dime' — here's why that advice could backfire on you - Reportify