Explore Mike Lindell Net Worth as My Pillow Founder

Mike Lindell is an American business entrepreneur, author, and political activist. His story is a continuous journey of struggles and challenges from early life to being an entrepreneur but maintaining a public persona throughout. Why is that so? Let's uncover Mike Lindell Net Worth. 

Mike Lindell or The Pillow Guy, is the face of the My Pillow, an American bedding manufacturing company. He is also known as an avid supporter of Donald Trump. He is not only a prominent business figure but also a political and media personality. 

How much money Mike Lindell makes amidst being involved in controversies and surrounded by business challenges is curious. Let’s kill the curiosity and explore Mike Lindell Net Worth that uncovers What is Mike Lindell’s Net Worth, his rise and fall, and his personal life.

Mike Lindell Net Worth Drop

According to the online sources, Mike Lindell's net worth is $300 million. It is astonishing to know that he has faced a severe drop in his net worth. At his financial peak, he amassed $100 million, which may have reached $200-$300 million. 

It is noteworthy that he made most of his income from his company, My Pillow. Other than that, he owns real estate properties and is involved in various other business ventures, making him earn a substantial net worth. His legal and political controversies brought his downfall. 

He claims that the fraud elections in support of Trump amidst his defeat in the 2020 elections, the promotion of unproven medical treatments for COVID-19, and many other setbacks led to his net worth drop. 

Read More: Fred Smith's Net Worth – Founder & CEO of FedEx

Mike Lindell Business Ventures

Mike Lindell ventured into many businesses. The step has benefited him in the long term, giving him a business mindset and experience to run a business. He started with running a carpet cleaning business, then owned a lunch wagon and a few bars and restaurants in Minnesota.

My Pillow: Rise and Fall

In 2004, he established My Pillow, a bedding manufacturing company that made household products like pillows, bedding, and slippers. Mike Lindell ventured into many businesses, but his fame and money came through My Pillow. 

He started selling his products at the trade shows, mall kiosks, and state fairs. In later years, he developed his company and made his products a hit. The brand rose to successful heights as a result of infomercials, celebrity endorsements, and retail stores selling the products. 

My Pillow products were all over the biggest retailers shop like Walmart, Bed Bath & Beyond, Kohls, HEB Stores, Wayfair, and the Canadian Shopping Channel. His company, My Pillow, made a yearly total of $110 million. 

In 2017, My Pillow saw its peak time of fae and success. The company was worth around $500 million, selling 50 million pillows, and employing more than 1,600 people. In 2020, Mike made his son, Darren the CEO of My Pillow. In 2021, the retailers shop boycotted My Pillow products from the stores. 

The reason for pulling My Pillow products is seen as skeptical, but many retailers claim that the product was not made in good quality material, and also the consumer's demand for My Pillow products has reduced. It was the time when Mike was involved in political and legal issues. 

Political Activism

Mike Lindell met Donald Trump in 2016. He was so inspired by Trump’s personality that he began following and supporting The Republican. He was seen supporting and vocalizing his thoughts on Donald Trump and his presidency in America. He joined Trump in many election rallies and personally. 

Mike Lindell Controversies

Mike Lindell presents the personality of a man with outspoken political views and conservative notions. As a public figure, his views leave a positive and negative impact on his reputation. 

He was involved in many legal and political issues and controversies. His gambling addiction resulted in the foreclosure of his house in his early years. He was then involved in the promotion of unproven medical treatments for COVID-19. 

His political controversies negatively spark his reputation. In the 2020 US presidential elections, Trump lost to Joe Biden; he supported Trump and claimed the election was being conducted fraudulently. Mike Lindell DHL, caused him public defamation. 

He was sued and his phone was seized by the FBI about his fraud election claims. He started a Prove Me Wrong Challenge to stand by Trump and claimed interference in voting machines for elections. He was debunked by a cyber expert and asked to pay $5 million that he didn’t pay. 

All these controversies add to his legal challenges. One from Dominion Voting Systems and the other from UK-based Smartmatic in Minnesota. He was also accused of using cheap My Pillow products, which led consumers to boycott his products.

Mike Lindell Early Life: A Story of Getting into Addictions

Michael James Lindell was born on June 28, 1961, in Mankato, Minnesota. He was brought up in a family with little or no money. He attended the University of Minnesota after completing his education in high school. 

His early life is marked by struggles with addiction. He got into gambling addiction. In his 20s, he began consuming cocaine and became a cocaine addict. His story of addiction continued when he became a crack addict. Later in his life, he sobered due to prayer intervention. 

Mike Lindell Personal Life Struggles

Mike Lindell’s personal life has a lot to affect and shape his professional life. In his early life, he got into a gambling addiction, which resulted in gambling debts, foreclosure of his house, and his first wife getting a divorce from him. 

Those who are following the Mike Lindell journey are intrigued about his personal life and relationship status. They wonder How Many Times has Mike Lindell been Married. Lindell has been into marriage three times. 

His first wife, Karen Dickey, divorced him after 20 years of their marriage. They had four children together. The divorce was due to his addiction to drugs and gambling. In 2013, he married Dallas Yocum; their marriage ended within a few weeks of their marriage. Lindell’s third marriage news broke out at Donald Trump’s election campaign rally. 

Who is Mike Lindell Married to Now? Despite many business setbacks, controversies, and relationship failures, Mike Lindell has been a public figure throughout, but his marriage status is hidden. It is not confirmed to whom he is married now. 

Mike Lindell Book

Mike Lindell has authored and self-published a book, What Are the Odds? From Crack Addict to CEO. His book pens down his thoughts on his recovery from addiction and his journey of becoming an entrepreneur and establishing a business of his own. 

FAQs

What do you know about Mike Lindell and 12 year old child banter?

Knowa, a 12-year-old influencer, got into a banter with Mike Lindell at the Democratic National Convention. Mike Lindell claimed about fake elections and humiliated the kid, vocalizing in support of the fair elections. 

Who is Mike Lindell ex-wife?

Karen Dickey and Dallas Yocum are Mike Lindell’s ex-wives. The former has spent 20 years with Lindell and had four children together. The latter left Mike Lindell after a few weeks of their marriage. 

Mike Lindell Age?

Mik Lindell was born in 1968. He is 63 years old now. He owns a company that manufactures pillows, bedding, and slippers.