Mike Lindell net worth is estimated at $300 million as of 2021. Mike, also known as Michael James Lindell, is an American entrepreneur and best known for launching the pillow, bedding, and footwear firm — My Pillow.
Lindell is a staunch Trump supporter and the founder of the Lindell Foundation, a non-profit organization dedicated to assisting drug addicts.
Mike Lindell early life
Mike Lindell was born in Mankato, Minnesota, on June 28th, 1961. He was born in Chaska, Minnesota, and raised in Carver, Minnesota. Cynthia Kay Lindell and Robin Priscilla Lindell are Mike’s sister and brother, respectively.
He likes to keep his early life, as well as his parents’ educational backgrounds, hidden from the public eye, such as newspapers and magazines, because receiving an honorary Doctorate degree from Liberty University in 2019 has been a blessing for him at this stage of his life.
|NET WORTH:||$300 MILLION|
|Date of Birth:||June 28, 1961|
|Country:||United States of America|
Mike Lindell personal life
Charlie Lindell, Nether Lueth, Lizzy Meyers, and Darren Lindell were the couple’s four children when they married. However, due to his drug addiction, the couple split after 20 years of marriage.
In 2013, he remarried Dallas Yocum, but the two divorced the following year. Mike became hooked to cocaine and alcohol when he was 20 years old, which resulted in his home being repossessed in 2009. He was able to give up narcotics and turn a fresh page after a while.
“Is Mike Lindell gay?” some people wonder. He’s not like that. Karen Dickey was his wife, and he is straight.
Mike Lindell career
Mike built a modest business named “MyPillow” into a global manufacturing giant. He created My Pillow in 2004 and sold it over time to expand his Minneapolis, Minnesota-based firm. They had over 1600 people by 2018 and had sold 43 million pillows in that time! Thus, he built Mike Lindell net worth around $300 million, according to the-sun.com.
Mike began abusing alcohol and cocaine in 1982, and later developed a crack addiction in the late 1990s. Michael’s addiction lasted all the way back to the start of his company. Mike had lost his home, spouse, and practically everything else in his life due to his addictions by 2009, when he found sobriety, except for what was left of the company.
In 2017, Mike published a documentary titled “Mike Lindell Story: An American Dream,” which detailed how this drug addict overcome addiction over time while constructing an enterprise worth tens of millions of dollars from the ground up using nothing but sheer willpower.” The film was primarily shot in the Minneapolis-St Paul area.
Mike attended the final presidential debate and spoke about Trump’s campaign rally in Minneapolis after meeting the Republican presidential candidate in August 2016.
During the American Roundtable at the White House in July 2017, he sat next to President Trump. He not only founded the faith-based Lindell Foundation, but he also ensured that addicts and My Pillow staff had the finest possible care. Through his all of these career success, Mike Lindell net worth is currently $300 million.
Mike Lindell net worth as of 2021
Mike Lindell net worth as of July 2021 is around $300 million. He is the inventor and CEO of My Pillow, which accounts for the majority of Mike Lindell net worth.
He also makes a large sum of money each year as the creator and chairman of the Lindell Recovery Network and Lindell Foundation, which he founded.
His company generates over 280 million in annual revenue with little overhead expenditures, allowing him to profit handsomely every quarter. Mike lives lavishly in mansions across America and enjoys his automobiles on top of all of his hard work.
Mike Lindell struggled with addiction before launching “My Pillow”, and making it large. Many others who are battling addiction or have been plagued with other adversities such as cancer or PTSD from military duty may find his story inspirational (or even just work). And now he is holder of Mike Lindell net worth of $300 million.
Mike is an inspiration to many people all around the world who wish to overcome their addictions and attain great levels of commercial success. With the expansion of his firm, My Pillow Inc., Mike gains a great name, renown, and fortune, allowing him to live lavishly and luxuriously. Day by day, Mike Lindell net worth reaches $300 million.
How much does Mike Lindell make money?
He is a multi-millionaire with an estimated Mike Lindell net worth of $300 million. The following are his earnings on a yearly, monthly, weekly, and daily basis:
- Yearly: $31.67 Million
- Monthly: $2.64 Million
- Weekly: $608k
- Daily: $87k
How Mike Lindell makes money?
Lindell’s own company, My Pillow, Inc., generates the majority of his earnings. He’s also the author of the bestselling book “What Are the Odds?” A more in-depth look at his current sources of income may be found further down. Undoubtedly, Mike Lindell net worth came through all of these income sources.
My Pillow CEO earnings
The CEO of My Pillow, Inc. is Mike Lindell. He sold his four bars and restaurants to focus on growing this company. Lindell’s primary source of income right now is this. As the CEO of My Pillow, Mike Lindell net worth rises to $300 million.
This company, with over 1,600 employees in 15 retail locations, is reported to have sold approximately 50 million pillows and earns around $407 million in sales.
Recently, My Pillow’s life has taken a turn for the worse. Lindell’s political ties to Republican President Donald Trump are a major factor. As a result of his involvement in the 2020 US presidential elections, he lost 20 retailers, costing him $65 million.
“What Are the Odds?” by Mike Lindell is a gem. On the 27th of December, 2019, “From Crack Addict to CEO” will air. With serious importance, this work welcomes its readers. This is a must-read for everyone interested in becoming a successful entrepreneur, as well as those who are battling with addiction and seeking hope.
My Pillow was created in 2004 by Mike Lindell. In Minnesota, he created this company. This company quickly rose to prominence in Minnesota, becoming one of the state’s leading manufacturers. When the income of My Pillow increases, Mike Lindell net worth increases.
Despite the fact that it was founded in 2004, it was initially sold in 2005 at a kiosk in Eden Prairie Center, Minnesota. This company then struggled to market its products at trade exhibitions and shopping malls for the next six years. However, shortly after 2012, My Pillow, Inc. reached its pinnacle.
This firm has had to deal with a number of difficulties. The Better Business Bureau (BBB), a non-profit organization dedicated to promoting marketplace trust, posed one of the most significant hurdles. On the basis of Consumer Complaints, the Better Business Bureau (BBB) withdrew and downgraded My Pillow’s rating to a “F” in 2017.
My Pillow, Inc. had a challenging year in 2021. Lindell has lost a large number of merchants as a result of his close ties to Donald Trump, the 45th US President.
Furthermore, his support for changing the 2020 US election results and pushing Oleandrin, a poisonous plant extract, as a Covid-19 treatment has harmed his business relationships. While competitors such as Kohl’s and Bed, Bath and Beyond have suggested that low-quality market research and low customer demand are to blame, competitors like Kohl’s and Bed, Bath and Beyond have countered. Mike Lindell net worth at present approximately is $300 million.
Vocl (social media platform)
Mike Lindell is preparing to create Vocl, a high-tech social media platform, according to the press. Mike characterizes Vocl as a platform with YouTube and Twitter-like features. This platform will, last but not least, have its own server.
Vocl’s genesis has been the subject of various political debates. Lindell’s political statements on Twitter supporting overturning election results and posing a potential threat of violence resulted in Twitter banning Mike’s account. Not only that, but his actions led to the removal of a three-hour election-themed film from YouTube and Vimeo.
This republican fan is commonly believed to have opened his own social media platform as a result of his rage and suppressed resentment stemming from the denial of freedom of expression.
Lindell, on the other hand, said that all of the voting machine fraud prompted the creation of this website. Dominion, an electoral technology business, sued Lindell for $1.3 billion in damages for spreading false allegations that Dominion voting machines were used to steal votes for President Joe Biden.
My Pillow CEO Mike Lindell is a self-made millionaire
Mike Lindell had no experience creating pillows when he started out to make his masterpiece, according to CNBC, and had to chop up foam and test numerous variants before completing the design. He started his shop in the local mall, but only sold a few hundred pillows. Thankfully, one of those buyers organized a local home show in Minneapolis, where he sold out totally after inviting Lindell to join him.
According to Celebrity Net Worth, Lindell is the inventor and patent owner of the My Pillow’s distinctive shape, and his company has expanded from five employees to over 1,000. The company’s first infomercial, which aired 200 times a day and cost over $500,000, was released in 2011. Lindell is said to have sold $100 million worth of pillows in the following year. My Pillow Inc. currently has an annual revenue of $280 million.
Lindell has since expanded into mattresses, linens, and pet beds, and has produced about 30 million pillows. “I look back now and think, ‘The only way we were able to do that was divine intervention,'” he told CNBC. Lindell’s risk paid out, whether it was divine intervention or not, since the US Sun estimates Mike Lindell net worth at $300 million.
When did My Pillow make its debut?
In 2004, Lindell founded a pillow manufacturing company. My Pillow, established in Chaska, Minnesota, is known for its patented open-cell poly-foam design.
After overcoming a crack addiction, Lindell created the My Pillow pillow. “I look back today, and I go, ‘The only way we were able to do that was divine intervention,” Lindell told CNBC in 2017.
According to the news outlet, Lindell has expanded his My Pillow product range to include beds, linens, and pet beds, and is friends with actor Stephen Baldwin. Gradually, Mike Lindell net worth rises and now he is worth of $300 million.
Frequently Asked Questions
Who is Mike Lindell Married to?
Lindell has been married twice throughout his life. The first one lasted 20 years, and the most recent one was with Dallas Yocum in 2013. Dallas filed for divorce in mid-July 2013, in a relatively short period of time.
Does Mike Lindell have children?
Mike is the father of four children. Heather Lueth and Lizzy Meyers are two daughters, and Darren Lindell and Charlie Lindell are two sons.
What is Mike Lindell net worth?
My Pillow owner Mike Lindell net worth is estimated at $300 million.