Crack addict turned entrepreneur, founder, and CEO of “My Pillow,” Michael James Lindell’s net worth accumulates to an astonishing $330 million as of June 2022.
Mike Lindell is an inventor with patent rights over his brand My Pillow’s products.
This pillow salesman is friends with the 45th President of the United States, Donald Trump. Mike might as well be the only pillow salesman to have ever been in the oval office.
The entrepreneur is currently on the news for his political stand, but his story is nothing short of an entrepreneurial dream.
Faced with multiple business failures with alarming addictions, which cost him his business and marriage, this entrepreneur’s journey will give you valuable lessons on everything to do and not to do.
In 1961, Mike Lindell was a college dropout struggling with drugs addiction and gambling.
Despite the setbacks, in the beginning, Lindell pulled through to build his business empire.
Michael Lindell | Quick Facts
Let’s take a sneak peek at Lindell’s life with these fast facts about him.
|Full Name||Michael James Lindell|
|Nicknames||My Pillow Guy|
|Famous For||My Pillow Inc., Trump Supporter|
|Birthdate||June 28, 1961|
|Age||[calculate_years datestring=”06/28/1961″] Years Old|
|Siblings||Robin Priscilla Lindell and Cynthia Kay Lindell|
|Spouse||2; Karen Dickey(Divorced), Dallas Yocum(Divorced)|
|Children||4; Charlie Lindell, Heather Lueth, Lizzy Meyers, and Darren Lindell|
|School||Chaska Senior High School|
|University||University of Minnesota|
|Net worth||$330 Million|
|Last Updated||June 2022|
Michael James Lindell | Net Worth
As of June 2022, Michael James Lindell’s net worth is approximately $330 million. Most of his net worth comes from his pillow empire business,” My Pillow.”
My Pillow founder reportedly generated $100 million in sales in 2011. Since then, the multi-million dollar company has generated a staggering $280 million annually in sales.
According to The New York Times, founder Mike Lindell spends a stunning $5 million per month in the advertisement of his pillows.
Mike reportedly runs his late-night infomercial ads on more than 5,000 channels and 500 radio stations.
Mike’s brand My Pillow started from selling 80 pillows a month to selling over 40 million pillows today.
The company itself has also gone from 5 employees to 1,500 employees working for them at present.
Moreover, the now successful brand began with only pillows; their product line has expanded to clothing, bedding, slipper, and mattresses manufacturing.
Michael James Lindell Net Worth in Different Currencies
Let’s look at the entrepreneur Michael James Lindell’s net worth in different currencies, including BitCoin.
|Pound Sterling||£ 243,845,250|
|Australian Dollar||A$ 462,930,600|
|Canadian Dollar||C$ 420,552,000|
|Indian Rupee||₹ 24,871,588,500|
Michael James Lindell | Lifestyle
As of June 2022, Michael James Lindell’s net worth is a whopping $330 million.
Michael James Lindell has had two failed marriages. He was first married to Karen Dickey back in 1985. This marriage lasted for 20 years and gave him four children.
Regardless, their marriage succumbed to mike’s addiction patterns.
Later in June 2013, mike married Dallas Yocum. Their marriage didn’t last even a month; Dallas left mike in mid-July of the same year.
Recently, it was reported that the My Pillow CEO had been in a nine-month-long secret relationship with actress Jane Krakowski from 30 Rock. However, both parties denied any such happening.
Besides his lady loves, the businessman is also known to be one of the biggest supporters of Trump.
At an event in July 2020, Mike expressed his interest in running for Minnesota’s Governor.
After Trump’s defeat in the 2020 presidential run, Mike played an important role in challenging the election results, claiming the results falsely conspired.
Lindell claimed that he spent around $25 million of his own money to push his petition that the 2020 election was rigged.
Michael James Lindell | Charity
The multimillion-dollar business owner has also been involved in philanthropical activities mostly related to the rehabilitation of former addicts like him.
His foundation, The Lindell Foundation Inc., works to help the homeless and addicts.
In 2016, Mike donated 1,000 of My Pillows to The Salvation Army Harbor light shelter in Minneapolis. He also contributed 500 pillows to the Union Gospel Mission.
Mike Lindell also runs Lindell Recovery Network, which is a website that helps as a platform to match addicts and mentors.
Michael James Lindell | Books & Investments
Starting from addictions, Mike dreamt his way up to build his success story. That sounds like excellent content for a book.
Well, a book does exist! What Are The Odds?
From crack addict to CEO is a personal account by Michael James Lindell published on December 27, 2019. In the book, Mike recounts his journey of adversities and god’s grace to success.
Business tycoon Michael James Lindell’s net worth as of June 2022 is an enormous $330 million.
In March of 2021, Mike released a social media platform called a cross between YouTube and Twitter; frankspeech.com. Lindell stated that he spent millions of dollars on building the platform.
The entrepreneur has also ventured into acting and producing. In 2018, Lindell told The Hollywood Reporter about his $1 million investment in a Christian film called “Unplanned.”
Mike has also been credited as producer and actor for two other films; Absolute Proof (2021) and Priceless (2016).
The businessman turned producer reportedly purchased the timeslot to broadcast “Absolute Proof” on the (One American News) OAN Network.
Besides the above, Lindell also produced the documentary “The Mike Lindell Story: An American Dream” about his own life in March 2017.
Michael James Lindell | Career
Mike always had an entrepreneurial passion in him.
In the 1980s, he started his own carpet cleaning business. Mike used the money from that company to enter the food industry.
Then in 2004, the entrepreneur started his now-iconic venture ” My Pillow.”
Similarly, in 2009 he established My Pillow Inc. The company really took off in 2011 after its first infomercial. The 30 minutes informercial cost half a million to produce, which aired an average of 200 times each day.
Fun Facts About Michael James Lindell
- Did you know that Mike Lindell is an Evangelical Christian? He received an honorary Doctor of Business degree from Liberty University in 2019.
- Mike’s second marriage only lasted two weeks. Mike Lindell had made a prenuptial agreement with his ex-wife during his second marriage.
- Michael James Lindell has also been called a conspiracy theorist in recent times by the media. He has been accused of spreading false claims of 2020 election fraud.
- The entrepreneur’s Twitter account was temporarily suspended on January 26, 2022, on reports of misinformation policy.
Who is Mike Lindell’s wife?
Mike Lindell is single as of June 2022. Mike has been divorced twice. First, he married Karen Dickey for 20 years; then, he married Dallas Yocum back in 2013.
Is MyPillow really made in the USA?
My Pillow’s pillows are made 100% in the USA. The founder himself has patented the design.