Michael James Lindell is an American entrepreneur best known for inventing My Pillow, a firm that makes pillows, beds, and slippers. Mike Lindell’s net worth is expected to be about $100 million in 2022.
Lindell is a staunch admirer of Donald Trump and the founder of the Lindell Foundation, a non-profit organization dedicated to assisting drug addicts.
Michael James Lindell was born on June 28, 1961, in Mankato, Minnesota. He grew up in the Minnesota towns of Carver and Chaska, where he began gambling as a teenager.
Mike enrolled in the University of Minnesota after graduating from high school, but he dropped out after only a few months.
Lindell developed a cocaine addiction in his twenties and began using crack in the 1990s. His first wife divorced him, and his property was foreclosed due to his drug addiction and gambling problems. Mike’s drug addiction grew to the point where his crack dealers staged an intervention in 2008.
Lindell claims, “They were three of the city’s largest sellers. They claimed I’d been awake for 19 days in a row. They didn’t want to sell to me again. One of them attempted to babysit me until I slept off.” Mike has stated that praying assisted him in becoming sober in 2009.
Mike Lindell’s Net Worth
Mike Lindell is a $50 million-plus American entrepreneur, business executive, and author. Lindell is best known for founding and creating My Pillow. He’s also renowned for being a loud fan of Donald Trump, and he’s been involved in Trump’s efforts to sway the 2020 presidential election by offering financial support and propagating conspiracy theories.
Mike started the Lindell Foundation in 2012 to help drug users get treatment, and he launched the Lindell Recovery Network in 2019 to “help struggling addicts find hope, rehabilitation, and the love of Jesus.”
Mike was the one who put the book “What Are the Chances? In 2019, he directed, produced, and starred in the documentary “From Crack Addict to CEO,” and in 2021, he directed, produced, and appeared in “Absolute Proof.” “to show that Trump won the 2020 presidential election The video was pulled from YouTube and Vimeo a few hours after it was live-streamed on the One America News Network website after fact-checkers denounced it for making “debunked, unsubstantial claims.”
|Net Worth||$50 Million|
|Taxes Paid||$7 Million|
|Annual Income||$32 Million|
|Mansions and Villas||14|
|Weight||200 lbs (91 Kg)|
Mike started many small enterprises in Minnesota in the 1980s, including bars, restaurants, and a carpet cleaning service. In 2004, he created the My Pillow pillow, which he marketed at trade exhibitions, mall kiosks, and state fairs over the next few years.
In 2009, he founded My Pillow, Inc., and the company took off after airing its first commercial in 2011. The 30-minute show cost $500,000 to produce and was shown 200 times each day on average.
According to Lindell, the infomercial “Became the most popular infomercial on the planet. We went from five to 500 staff in just 40 days.”
The company reportedly made $280 million in revenue per year at its peak, and as of this writing, it has sold over 50 million pillows and employs over 1,600 people.
Due to consumer complaints, the Better Business Bureau removed My Pillow, Inc.’s certification in 2017, and the company’s rating was downgraded to an F.
Mike named his son Darren as CEO in 2020, and many merchants stopped carrying My Pillow items by 2021. Lindell believes shops stopped selling his products because of his predictions of voting fraud in the 2020 election, but a spokesman for Bed Bath & Beyond claimed My Pillow was one of many “underperforming items and brands” that the firm opted to phase out. Mike revealed in March 2021 that he would be developing a social media network called Vocal, which would be a mix of Twitter and YouTube.
After a disagreement with a corporation that had built a website called Vocal, he changed his name to Frank. Lindell worked for four years on Frank, which debuted in April 2021 with numerous technical issues.
Lindell married and divorced twice, the first time with Karen Dickey. In 2013, he married Dallas Yocum for the second time, however, the marriage only lasted a year. Lindell is the father of four children from his previous marriages. He’s also given generously to other charities like the Salvation Army and the Union Gospel Mission.
Lindell struggled with addiction throughout his 20s, primarily to cocaine. During this time, he also racked up a lot of gambling bills, which eventually led to the foreclosure of his home. However, in 2009, he was able to achieve sobriety via prayer. Today, he is the founder of the Lindell Foundation, a non-profit that assists people with drug addiction.
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