Barbara Corcoran sparks debate by refusing to fly first class for free miles

In a recent episode of The Jamie Kern Lima Show podcast, Barbara Corcoran, the prominent businesswoman and star of 'Shark Tank,' openly shared her decision to fly coach rather than opting for a first-class ticket. This episode aired on December 10, 2024, where Corcoran elaborated on her reasoning behind this cost-saving approach. At the age of 75, she acknowledged having the financial capability to purchase first-class tickets, but she emphasized the significant cost differences. Corcoran calculated that a coach ticket is roughly 25 percent of the cost of first-class travel, allowing her to save as much as possible. These savings translate into free mileage that she generously shares with her family for vacations, allowing them to travel without the burden of airfare. Corcoran's motivations extend beyond her own comfort; she believes in prioritizing family experiences over personal luxury. In her perspective, the enjoyment of her loved ones matters more than her own travel comfort. Furthermore, the millionaire spoke about her lifestyle choices, asserting that she always ensures her multiple properties are utilized by family and friends. She highlighted her satisfaction in knowing that none of her beds in any of her homes, which includes a beach house and a residence in New York City, go unused. This sharing philosophy reflects her overarching belief that wealth should benefit loved ones rather than lead to excess that remains unutilized. Additionally, she discussed her nearly four-decade-long marriage with Bill Higgins, noting that they have maintained separate bedrooms for many years. Corcoran explained that this arrangement helps preserve the romance in their relationship, as her husband’s less tidy living habits often conflict with her need for order. By prioritizing her well-being and their relationship's vitality, Corcoran has created an environment where both can thrive separately while remaining committed to each other. Corcoran's reflections provide insight into her personal values, indicating that even with immense wealth, she chooses to cultivate experiences and memories for her family over individual indulgence in luxury.