The following article presents all the information you will need regarding MyPillow CEO and founder Mike Lindell net worth 2022, business ventures, and more.
Mike Lindell, full name Michael James Lindell is an American business and is the founder and CEO of a popular pillow manufacturing company called MyPillow. He is also sometimes referred to as the ‘MyPillow guy’.
Lindell is an ardent supporter of former US president Donald Trump, and has vocally supported his claims of the 2020 presidential election victory stolen from him due to voter fraud. In addition to public support, Mike Lindell has also lent huge financial support to push these claims, and has bankrolled several lawsuits related to the 2020 presidential election voter fraud.
How much is the MyPillow guy worth? Read on to know more on the topic: Mike Lindell net worth 2022.
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Mike Lindell Net Worth 2022: How much is the MyPillow guy worth?
According to recent reports, MyPillow founder Mike Lindell has a net worth of $173 million dollars. Lindell has acquired his wealth through his business ventures that deal in a variety of products like pillows, slippers and coffee.
Mike Lindell has a vast assortment of assets including 13 high-profile real estate properties, 9 cars and 4 luxury yachts. Lindell currently resides in a 21,000 square-foot luxury mansion in Minnesota, which is reportedly worth a whopping $58 Million. In addition, he has also made investments in several successful companies that have added millions to his net worth.
In addition to his business ventures and assets, MyPillow CEO Mike Lindell also earns royalty off of several books that he has authored, including his biography titled What Are the Odds? From Crack Addict to CEO.
Mike Lindell Business Ventures
Mike Lindell has launched several business ventures over the years. He has built up his business empire from scratch, after facing several failures.
Here’s a list of some of his most popular business ventures:
MyPillow
MyPillow is by far the most successful business venture launched by Mike Lindell. The company has a net worth of $170 million. Lindell founded the pillow manufacturing company in Chaska, Minneota, in 2009.
Lindell’s MyPillow project began to gain media attention in early 2011, and he soon began to roll out printed advertisements and infomercials. Lindell estimates that he spent more than $100 million on infomercials alone, which helped his company achieve even greater success. MyPillow has sold hundreds of millions of pillows in recent years, until the company recently suffered a critical blow.
Some of the major retail stores in the US including Walmart, pulled MyPillow products from their shelves, which led to huge losses for the company, due to a massive drop in sales. Walmart cited the reason for its decision to stop selling MyPillow products as falling levels of customer satisfaction. MyPillow products are still available for sale through the official website and other online stores.
MyCoffee
Following MyPillow’s massive losses, Mike Lindell launched another business venture, this time in coffee products. Mike Lindell’s MyCoffee is a recently launched coffee products venture that he claims is “the best coffee you’ll ever drink in your life.”
From the official online mystore.com website, you can purchase a variety of products such as freshly ground coffee in a variety of package sizes, coffee mugs, and more. The products are also available on Amazon.
Mike Lindell Personal Info
Mike Lindell was born on June 28, 1961, and is currently 61 years of age. Lindell was born in Mankato, Minnesota and was raised in Chaska and Carver, Minnesota. He attended the University of Minnesota after high school, but dropped out a few months into his studies.
Mike has struggled with years of substance abuse that originated in his teenage years. In his 20s, Lindell became addicted to and a frequent user of cocaine. This addiction became worse after he switched to crack cocaine in the 1990s. Lindell was also incurring gambling debts.
Lindell’s substance addiction lasted well beyond his teenage years and into his married life. His former wife, Karen Dickey divorced him due to Lindell’s addiction. The MyPillow founder also lost his house in the divorce proceedings. He shares four kids with Dickey. Lindell married a second time to businesswoman Dallas Yocum, but split up only a month later.
Mike Lindell eventually achieved sobriety in 2009, and credits it to his faith in God.
Frequently Asked Questions
What is the net worth of MyPillow company?
Mike Lindell’s pillow manufacturing company, MyPillow has an estimated net worth of $170 million dollars.
How much is Mike Lindell worth in 2022?
Mike Lindell’s net worth in 2022 is estimated to be $174 million dollars.
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