Mike Lindell Net Worth, How Much Is Mike Lindell Worth

In the business world, it is quite rare for a big businessman to get a nickname from his consumers. Well, there is a famous entrepreneur who is often called “My Pillow Guy” in the industry and he is none other than Mike Lindell. Michael James Lindell, commonly known as Mike Lindell, is an American businessman and entrepreneur who is the founder and CEO of My Pillow, Inc., a firm that makes pillows, beds, and slippers. Lindell is the creator of the Lindell Foundation, a non-profit that provides therapy and other assistance to addicts.

Міkе Lіndеll іѕ оnе оf thе mоѕt wеll-еѕtаblіѕhеd buѕіnеѕѕmеn оf thіѕ cеnturу. Не іs known аѕ “Ріllоw Guу” for hіѕ ongoing business in the wоrld оf ріllоwѕ. Не іѕ thе СЕО аnd fоundеr оf thе vаѕt vеnturе “Му Ріllоw. “ Іnс. If you do not know much about Місhаеl J. Lіndеll and are eager to know about him, you can get find his biography here in this article. Also, wе hаvе mentioned everything you nееd tо knоw аbоut Mike Lindell. In this blog, you will find all the details about Mike Lindell to know about his life and what controversies he has gone into in his career. You will also get a glimpse of the total net worth of Mike Lindell.

Personal Details 

Early Life

Lindell was born in Mankato, Minnesota, in 1961. He grew up in the Minnesota towns of Chaska and Carver. Lindell’s gambling addiction began in his adolescent years, foreshadowing his eventual addiction. After high school, he enrolled at the University of Minnesota but dropped out after only a few months. Lindell turned his attention to entrepreneurship after graduating from university. Mike Lindell has two siblings amongst whom are his brother named Robin Priscilla Lindell and his sister named Cynthia Kay Lindell.

During his teenage years, Mike had a problem sleeping because of his pillows. He always used to get uncomfortable at night and wet his pillow. When he got his salary from the part-time work he started in a grocery store, he decided to buy an expensive pillow that would come out of his entire paycheck. He wanted to make the price relevant according to the quality of the pillow. Later, he turned his curiosity into his business and became the ‘My Pillow Man’.

Foundation of ‘My Pillow’

My Pillow, Inc. was started by Mike in 2004. He invented and owns the patent for the pillow’s open-cell, poly-foam design. He had five employees when he first launched the business. The company now employs around 1,500 individuals. Mike sold the first pillow that he made in his company at a mall kiosk. He sold the product at malls, trade exhibits, and state fairs throughout the first six years of the company.

My Pillow debuted its first infomercial in 2011. The 30-minute show cost $500,000 to produce and was shown 200 times each day on average. His business surged after the commercials aired. He sold $100 million worth of pillows in the next 12 months. The corporation reportedly made $280 million in revenue each year at its peak. He has sold about 30 million pills as of this writing.

The entrepreneur has founded and worked for a number of businesses for different products. Carpet cleaning, lunch carts, and a few pubs and cafes are all part of the company. In 2016, his company was sued in Alameda County Superior Court for running advertisements for the pillow that made false claims. My Pillow, on the other hand, settled for a million dollars after confessing to no offense. Lindell has established his name and his brand all over the world with success for so many years. 

Personal Life

Lindell has had two marriages. His first marriage, which lasted around 20 years and produced children, ended in divorce. He married Dallas Yocum in June 2013, and after she left him, he filed for divorce in mid-July 2013. They had a prenuptial agreement, according to Lindell. Lindell is a devout Christian who was awarded an honorary Doctor of Business degree from Liberty University in 2019. He has a total of four children from his first wife.

“What Are the Odds?”  was his first book, which he self-published. That year, he also wrote a book called From Crack Addict to CEO on his recovery from addiction and his growing relationship with God. Lindell allegedly had a nine-month romance with actress Jane Krakowski between late 2019 and the summer of 2020, according to the Daily Mail in January 2021. The allegations were refuted by both Lindell and Krakowski.

Political Connection with Donald Trump

Lindell has been an active follower of Former US President Donald Trump. Following Trump’s election victory in 2016, Lindell met with then-Republican presidential candidate Donald Trump and became an enthusiastic supporter, calling him “the most incredible president this country has ever seen in history.” Mike had a meeting with Donald Trump and a member of his team in 2019 to discuss opioid addiction. He was present when President Barack Obama signed a bipartisan bill aimed at combating the growing opioid crisis and preventing opioid abuse and mortality.

Mike Lindell Net Worth

The total net worth of Mike Lindell is calculated to be $100 Million. His company ‘My Pillow’ has generated around $280 Million and they have sold approximately 30 Million Pillows at a price of $45 on an average. Lindell is also active in social work and founded the ‘Lindell Foundation’ which helps drug addicts to overcome their addiction and live a healthy life. The foundation also helps the poor and needy by donating pillows and other requirements.