Barbara Corcoran, a prominent investor and star on the show “Shark Tank,” recently experienced a devastating loss due to the wildfires that ravaged Los Angeles in January. Her vacation home in the Pacific Palisades neighborhood, known as Tahitian Terrace, was among the 18,000 structures damaged by the natural disaster.
When the fires broke out, Corcoran was traveling in South America with her daughter and could only watch from afar as her neighborhood was threatened. Despite the fear and uncertainty, she remained hopeful that her home would be spared from the blaze.
Normally, Corcoran would turn to her husband of 37 years, Bill Higgins, in times of need. However, Higgins is currently battling dementia and Parkinson’s disease, leaving Corcoran to rely on her friends for support during this challenging time.
Having owned the house for five years, Corcoran shared that the property was a place where friends and family often gathered, creating cherished memories. Despite the devastation of losing her home, Corcoran found solace in the photos and memories shared by loved ones who had visited the house.
Acknowledging her privilege, Corcoran expressed gratitude for the support she received from friends and the community. She recognized that while losing a vacation home is difficult, many of her neighbors lost their primary residences without insurance.
In response to the tragedy, Corcoran took action by starting a GoFundMe campaign to support her neighbors in need. She made generous donations of $50,000 and encouraged others to contribute to the cause. The funds raised have provided assistance to over a dozen residents, offering support for rent, clothing, food, and medical supplies.
As the GoFundMe continues to gain momentum and support, Corcoran remains grateful for the outpouring of generosity from donors. The Tahitian Terrace Mobile Home Park GoFundMe page continues to raise funds with a goal of $600,000 to aid those affected by the wildfires.
In these difficult times, Corcoran’s resilience and compassion shine through as she works to support her community in rebuilding and recovery. Her efforts serve as a beacon of hope and solidarity in the face of adversity.
Overall, Barbara Corcoran’s unwavering determination and selflessness in the wake of tragedy demonstrate the power of unity and compassion in times of crisis. Her actions remind us of the importance of coming together to support those in need, showcasing the strength of community in overcoming challenges and rebuilding lives.