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Tuesday, September 27, 2022

Mike Lindell Net Worth, Biography, Career, and Wiki [Updated 2022]

Mike Lindell net worth is approximately $300 million as of 2022. Mike, whose real name is Michael James Lindell, is an American entrepreneur and best known for founding My Pillow, a pillow, bedding, and footwear company.

Lindell is a Trump supporter and the founder of the Lindell Foundation, a non-profit that helps drug addicts.

Mike Lindell’s childhood

Mike Lindell was born on June 28th, 1961, in Mankato, Minnesota. He grew up in Carver, Minnesota, and was born in Chaska, Minnesota. Mike has two sisters and a brother, Cynthia Kay Lindell and Robin Priscilla Lindell.

He prefers to keep his early life, as well as his parents’ educational histories, out of the press, such as newspapers and magazines, because getting an honorary Doctorate degree from Liberty University in 2019 has been a benefit for him at this point in his life.

Mike Lindell Personal Life

Mike Lindell Personal Life
Photo Credit: i0.wp.com

Mike has four children — Charlie Lindell, Nether Lueth, Lizzy Meyers, and Darren Lindell. However, after 20 years of marriage, the couple divorced due to his drug addiction.

He married Dallas Yocum again in 2013, but the couple split the following year. Mike’s home was repossessed in 2009 after he became addicted to cocaine and alcohol when he was 20 years old. After a while, he was able to give up narcotics and start over.

Some people question, “Is Mike Lindell gay?” He isn’t like that at all. His wife is Karen Dickey, and he is heterosexual. 

Mike Lindell Net Worth: $300 MILLION
Profession: Businessman
Date of Birth: June 28, 1961
Country: United States of America
Height: 1.78 m

Mike Lindell’s professional life

Mike Lindell's professional life
Photo Credit: www.cnbc.com

Mike grew a small company called “My Pillow” into a global manufacturing behemoth. He founded My Pillow in 2004 and eventually sold it to develop his Minneapolis-based enterprise. By 2018, they had grown to over 1600 employees and had sold 43 million pillows! According to the-sun.com, he amassed Mike Lindell net worth of over $300 million as a result.

Mike began abusing alcohol and cocaine in 1982, and in the late 1990s, he acquired a crack addiction. Michael’s addiction dated back to the beginning of his business. Mike had lost almost everything in his life owing to his addictions by 2009, when he discovered sobriety, except for what was remained of the company.

Mike released a documentary titled “Mike Lindell Story: An American Dream” in 2017 that highlighted how he overcame addiction over time while building a multimillion-dollar business from the ground up using nothing but sheer willpower. The majority of the film was shot in the Minneapolis-St Paul area.

After meeting the Republican presidential candidate in August 2016, Mike attended the final presidential debate and spoke about Trump’s campaign rally in Minneapolis.

He sat close to President Trump at the White House’s American Roundtable in July 2017. He not only established the faith-based Lindell Foundation, but he also made sure that addicts and My Pillow employees had the best possible treatment. Mike Lindell net worth currently reaches $300 million as a result of his career achievements.

What would Mike Lindell net worth be in 2022?

Mike Lindell net worth is estimated to be approximately $300 million as of 2022. Mike Lindell is the founder and CEO of My Pillow, which accounts for the majority of his wealth.

He also makes a lot of money as the founder and chairman of the Lindell Recovery Network and Lindell Foundation, which he established.

With little expense, his company generates over 280 million in annual revenue, allowing him to profit handsomely every quarter. Mike lives luxuriously in homes across the United States and enjoys his cars in addition to his hard work.

Mike Lindell battled addiction before inventing and popularizing “My Pillow.” His experience may inspire many others who are battling addiction or have faced other difficulties such as cancer or PTSD from military service (or even just work). And now Mike Lindell net worth stands at $300 million.

Mike serves as an example to many people all around the world who want to overcome their addictions and achieve great commercial success. He obtains huge fame, renown, and money as his company, My Pillow Inc., grows, allowing him to live lavishly and luxuriously. Mike Lindell net worth is rapidly approaching $300 million.

Mike Lindell net worth of $300 million makes him a multi-millionaire. His earnings on a yearly, monthly, weekly, and daily basis are as follows:

  • Yearly: $31.67 Million
  • Monthly: $4 Million
  • Weekly: $608k
  • Daily: $87k

Mike Lindell’s source of income

The majority of Lindell’s earnings come from his own company, My Pillow, Inc. He’s also the author of “What Are the Odds?” a best-selling book. Further down, you’ll find a more detailed look at his current sources of income. Mike Lindell net worth is unquestionably derived from all of these sources of income.

Earnings of My Pillow CEO

Mike Lindell is the CEO of My Pillow, Inc. To focus on building this enterprise, he sold his four bars and restaurants. This is Lindell’s primary source of income at the moment. Mike Lindell net worth has risen to $300 million as the CEO of My Pillow.

This company, which employs over 1,600 people across 15 retail locations, is said to have sold 50 million pillows and earned roughly $407 million in revenue.

My Pillow’s life has just taken a turn for the worse. A big reason is Lindell’s political links to Republican President Donald Trump. He lost 20 merchants as a result of his involvement in the 2020 US presidential elections, costing him $65 million.

Selling books

Mike Lindell’s “What Are the Odds?” is a gem. “From Crack Addict to CEO” will premiere on December 27th, 2019. This work welcomes its readers with significant seriousness. This is a must-read for anyone interested in starting a business, as well as those who are struggling with addiction and looking for help.

My Pillow company

Mike Lindell designed My Pillow in 2004. He founded this corporation in Minnesota. This company swiftly climbed to popularity in Minnesota, becoming one of the top manufacturers in the state. Mike Lindell net worth improves as My Pillow’s income rises.

Despite the fact that it was founded in 2004, it was first offered in Eden Prairie Center, Minnesota, in 2005 at a kiosk. For the next six years, this company struggled to sell its items at trade shows and shopping malls. My Pillow, Inc., on the other hand, hit its pinnacle shortly after 2012.

This company has had to deal with a variety of issues. One of the most major roadblocks was the Better Business Bureau (BBB), a non-profit organization dedicated to strengthening marketplace trust. In 2017, the Better Business Bureau (BBB) withdrew and lowered My Pillow’s rating to an “F” based on Consumer Complaints.

In 2021, My Pillow, Inc. had a difficult year. Because of his close ties to Donald Trump, the 45th US President, Lindell has lost a significant number of retailers.

His business partnerships have also been hurt by his support for influencing the 2020 US election results and promoting Oleandrin, a deadly plant extract, as a Covid-19 cure. While competitors such as Kohl’s and Bed, Bath and Beyond have argued that poor market research and low client demand are to blame, competitors such as Kohl’s and Bed, Bath and Beyond have responded. Mike Lindell net worth is currently estimated to be about $300 million.

Vocl (Social media platform)

Vocl (Social media platform)

According to the news, Mike Lindell is planning to launch Vocl, a high-tech social media platform. Mike describes Vocl as a platform with capabilities similar to YouTube and Twitter. Last but not least, this platform will have its own server.

The origins of Vocl have been the topic of numerous political arguments. Mike’s account was banned by Twitter after he made political statements on Twitter supporting overturning election results and threatening violence. Not only that, but his activities resulted in the removal from YouTube and Vimeo of a three-hour election-themed film.

As a result of his wrath and concealed indignation over the suppression of freedom of expression, this republican supporter is widely believed to have started his own social media site.

Lindell, on the other side, claims that the construction of this website was spurred by all of the voting machine fraud. Lindell was sued for $1.3 billion in damages by Dominion, an electoral technology company, for disseminating 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

According to CNBC, Mike Lindell had no prior expertise making pillows when he began his masterpiece and had to carve up foam and test various variations before perfecting the design. He opened a store in the neighborhood mall, but only sold a few hundred pillows. Thankfully, one of those buyers scheduled a local home show in Minneapolis, and after inviting Lindell to join him, he sold out completely.

Lindell is the developer and patent owner of the My Pillow’s distinctive shape, according to Celebrity Net Worth, and his company has grown from five people to over 1,000. In 2011, the company released its debut infomercial, which aired 200 times a day and cost over $500,000 to produce. In the next year, Lindell is believed to have sold $100 million worth of pillows. My Pillow Inc. generates $280 million in annual revenue.

Lindell has now expanded its product line to include mattresses, linens, and pet beds, and has produced around 30 million pillows. He told CNBC, “I look back and think, ‘The only way we were able to do that was divine intervention.” Whether it was supernatural intervention or not, Lindell’s bet paid off, as the US Sun estimates Mike Lindell net worth is about $300 million.

When did My Pillow make its debut?

Lindell launched a cushion manufacturing company in 2004. My Pillow is notable for its innovative open-cell poly-foam design, which was founded in Chaska, Minnesota.

Lindell designed the My Pillow after overcoming a crack addiction. In 2017, Lindell told CNBC, “I look back now and I say, “The only way we were able to do that was divine intervention.”

Mike Lindell
Mike Lindell. Photo: Instagram

Lindell, who is pals with actor Stephen Baldwin, has expanded his My Pillow product line to include beds, linens, and pet beds, according to the news outlet. Mike Lindell net worth has steadily increased, and he now has Mike Lindell net worth of $300 million.

Career Highlights 

Some of the highlights of Mike Lindell career are below: 

  • My Pillow (2004)
  • Frank Website (2021)
  • Lindell Foundation 
  • Lindell Recovery Network

Frequently Asked Questions(FAQs) 

Who is Mike Lindell’s wife?

Lindell has had two marriages during the course of his life. The first lasted 20 years, and the most recent one took place in 2013 with Dallas Yocum. In a relatively short length of time, Dallas filed for divorce in mid-July 2013.

Does Mike Lindell have children?

Mike is the father of four sons and daughters. Darren Lindell and Charlie Lindell are two sons, and Heather Lueth and Lizzy Meyers are two daughters.

What is Mike Lindell net worth?

Founder of My Pillow and CEO Mike Lindell net worth is estimated at $300 million.

What is the market value of My Pillow?

What is the value of my pillow business? My Pillow has a net worth of $170 million dollars.

Who is Mike Lindell of My Pillow?

Mike Lindell net worth is approximately $50 million and is an American entrepreneur, business leader, and author. Lindell is best known for founding and developing My Pillow.

How old is Mike Lindell?

He is 60 years old.

What is the total number of My pillows that have been sold?

since the year 2009. Because of TV infomercials, My Pillow has sold over 41 million pillows. In 2004, the company had five employees, and by 2017, it had grown to 1,500.
 

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