Barbara Corcoran is a self-made millionaire: Why she refuses to fly first class [CNBC]
Anywhere Real Estate Inc., (HOUS)
Company Research
Source: CNBC
The “Shark Tank” judge, who made her millions when she sold The Corcoran Group for $66 million in 2001, said in a recent interview that she prefers to fly coach rather than swallowing the cost of a premium plane ticket. “The way I figure it is, a coach ticket [costs] about 25% of a first-class ticket,” Corcoran said while appearing on The Jamie Kern Lima Show. “I get the free miles and I can give them away. I have everybody in my family flying on my free miles.” For Corcoran, being able to give free trips for her family is more important than being “comfortable in first class” for a few hours. “I guess I could afford to do both, but I won't because I'll be in coach feeling really smug because I know I have three plane tickets that could take somebody somewhere,” she said. “It accumulates, you know?” Having the miles to give away also helps her make sure that her multiple homes are always being used. “There's not a single bed in any of my homes that's ever empty,” she said.
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- 10/4/24 - Form SC
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