Mike Lindell, the man behind MyPillow, has built an empire that turned him from a small-time entrepreneur into a multimillionaire. Best known for his popular pillow brand, his journey to success wasn’t easy.
He faced financial struggles, battled addiction and even lost everything before making a remarkable comeback. Today, Mike Lindell net worth reflects years of persistence, innovation, and business savvy. But how much is he actually worth?
In this article, we’ll break down his earnings, business ventures and the key factors that shaped his financial success. Whether you admire him or not, there’s no denying that Mike’s story is one of resilience and determination.
Profile Summary
| Attribute | Details |
| Full Name | Mike Lindell |
| Born | June 28, 1961, Mankato, Minnesota |
| Nationality | United States |
| Occupation | Businessman, Entrepreneur, CEO |
| Company | MyPillow |
| Philanthropy | Founder of Lindell Foundation |
| Political Affiliation | Supporter of Donald Trump |
| Notable Events | Linked to 2020 U.S. Presidential Election fraud claims |
| Legal Issues | Faced $1.3 billion lawsuit from Dominion Voting Systems |
| Business Impact | Retailer boycott from Bed Bath & Beyond, Kohl’s |
| Social Media | Launched Frank Speech platform |
| Industry | Pillow industry, Political activism |
| Challenges | Legal challenges, Financial decline |
Who is Mike Lindell?
Lindell is an American businessman and the CEO of MyPillow. He founded the company in 2004, selling pillows and bedding. Born in Mankato, Minnesota, he struggled with addiction recovery before turning his life around.
He later launched the Lindell Foundation to help others. A strong Donald Trump supporter, he promoted election fraud claims after the 2020 U.S. Presidential Election.
His actions led to a $1.3 billion lawsuit from Dominion Voting Systems. Due to backlash, major retailers like Bed Bath & Beyond and Kohl’s dropped MyPillow products.
The Rise of MyPillow
The rise of MyPillow began in the early 2000s when Lindell turned his dream of creating the perfect pillow into reality. Through late-night infomercials and relentless marketing, the brand quickly gained national attention, making Lindell a fortune.
As sales soared, MyPillow became a household name, laying the foundation for his growing wealth. He founded MyPillow in 2004. The company grew fast with TV ads and infomercials. Big retailers sold their products until controversy hit.
Early Life & Education
Lindell was born in Mankato, Minnesota. He grew up in Minnesota and struggled with gambling addiction as a teenager. He attended the University of Minnesota but dropped out. His early years were filled with small business ventures before founding MyPillow.
Age, Height and Weight
He was born on June 28, 1961. He is 63 years old as of 2024. He stands 5 feet 10 inches tall. His weight is around 200 pounds. His appearance has changed over the years due to health and lifestyle choices.
Real Estate Assets
He owns several real estate assets across the United States. He has properties in Minnesota, where he built his MyPillow empire. His main residence is a luxury home in Mankato, Minnesota.
Reports suggest he also owns commercial buildings linked to MyPillow operations. His net worth has fluctuated due to legal issues and business setbacks.
The $1.3 billion lawsuit by Dominion Voting Systems may impact his property holdings. Some sources claim he sold assets to fund legal battles.
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Mike Lindell Net Worth
The CEO of MyPillow, built his wealth through the pillow industry. His company thrived before facing financial setbacks. Retailers like Bed Bath & Beyond and Kohl’s dropped MyPillow, impacting sales.
Legal battles, including a $1.3 billion lawsuit by Dominion Voting Systems, added pressure. His involvement in election fraud claims led to more losses.
He launched Frank Speech, a free speech platform, but it struggled. Mike Lindell net worth has declined due to these challenges. Exact figures remain unclear, but his financial decline continues.
Career Beginnings
He started his career with small businesses in Minnesota. He ran a carpet cleaning service, lunch wagons and bars. In 2004, he founded MyPillow, making it his main focus.
MyPillow became successful after Lindell’s unique design gained attention. He used his savings to grow the company. Over time, it expanded into bedding and slippers.
He also promoted his products heavily on TV. His business success allowed him to move into philanthropy with the Lindell Foundation. Despite facing challenges, Lindell persevered.
Other Business Ventures
He has explored multiple business ventures beyond MyPillow. He launched a line of MySlippers, expanding his brand into footwear. Lindell also created MyStore, an online marketplace for various products.
His Lindell Foundation supports addiction recovery, veterans and cancer patients. In addition, he invested in Frank Speech, a social media platform promoting free speech.
His ventures have faced challenges, especially after major retailers like Bed Bath & Beyond and Kohl’s dropped MyPillow products. Despite setbacks, he continues pursuing business and political goals.
Lost Revenue and Lost Fortune
He faced significant financial losses due to his legal challenges and controversial actions. His support for Donald Trump and election fraud claims led to a defamation lawsuit by Dominion Voting Systems.
Major retailers like Bed Bath & Beyond and Kohl’s stopped selling MyPillow products, reducing his revenue. The boycott affected his sales and brand image. Frank Speech, his free speech platform, also struggled to gain traction.
These factors have hurt Mike Lindell net worth and business success. Despite his efforts, he continues to face financial and legal struggles.
Political Influence
He has become a prominent supporter of Donald Trump. He has used his platform to promote election fraud claims and challenge the 2020 U.S. Presidential Election results. His actions led to legal challenges and a defamation lawsuit by Dominion Voting Systems.
Donald Trump Support
Donald Trump supported Lindell throughout his political career. He publicly backed Trump’s claims of election fraud after the 2020 U.S. Presidential Election. This support led to legal battles, including a defamation lawsuit from Dominion Voting Systems.
Election Conspiracies
Election conspiracies often focus on fraud claims regarding the 2020 U.S. Presidential Election. He was a key figure in promoting these, pushing misinformation and false allegations of voter fraud. These actions led to a defamation lawsuit by Dominion Voting Systems.
Personal Life
He overcame a tough past, battling addiction before turning his life around in the 1990s. He is deeply religious and credits prayer for his recovery. Through the Lindell Foundation, he supports those facing similar struggles.
Family status
He was married to Dallas Yocum, but they divorced in 2013. He has five children from previous relationships. Lindell is also very close to his mother, who supported him during his addiction recovery.
Lifestyle
Lindell leads a busy life as a businessman and philanthropist. He overcame addiction and now focuses on helping others through the Lindell Foundation. He also supports Donald Trump and promotes free speech through his platform, Frank Speech.
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Controversies and Legal Challenges
He has faced many controversies in recent years. He strongly supported Donald Trump‘s claims about election fraud in the 2020 U.S. Presidential Election. His actions led to a $1.3 billion defamation lawsuit from Dominion Voting Systems.
Retailers like Bed Bath & Beyond and Kohl’s dropped MyPillow due to his political views. He also launched Frank Speech, a social media platform, to promote free speech. The platform struggled with technical issues. Despite the challenges, he continues to stand by his beliefs, further fueling the controversies.
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Philanthropy
He is also known for his philanthropy. He founded the Lindell Foundation, which helps people struggling with addiction, cancer and veterans in need. After overcoming his own addiction, he became passionate about giving back. He uses his platform to raise awareness and support for recovery programs.
His foundation provides resources to people who want to turn their lives around. Additionally, he has supported many local communities through donations. Despite facing legal and financial challenges, he continues his charitable efforts.
Social Media Presence
He has built a strong social media presence. He created Frank Speech, a platform for free speech. His support for Donald Trump and views on 2020 election fraud sparked debate online. Despite facing retailer boycotts and legal challenges, he remains active.
He uses Frank Speech to promote his views and products like MyPillow. His platform aims to challenge what he calls censorship. His social media efforts continue to generate attention, though with mixed reactions.
Financial Insights: How Mike Lindell Manages His Wealth
He is the CEO of MyPillow, a business that made him wealthy. He is also involved in several investments, including real estate and his Lindell Foundation. However, Lindell faces challenges due to his controversial political activism and the defamation lawsuit from Dominion Voting Systems.
Retailers like Bed Bath & Beyond and Kohl’s dropped MyPillow products, hurting sales. Despite these setbacks, he continues to expand his reach through his Frank Speech platform.
He also funds efforts to support former addicts and veterans. His wealth management shows a blend of business ventures and political interests.
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FAQs
What is Mike Lindell net worth in 2024?
His net worth in 2024 is estimated to be lower due to legal battles and the drop in MyPillow sales.
How did Lindell make his money?
He made his money through MyPillow, a company he founded in 2004.
Is MyPillow still profitable in 2024?
MyPillow is less profitable in 2024 due to retailer boycotts and controversy.
What controversies is Lindell involved in?
He is involved in controversies over his support for Donald Trump, claims of election fraud.
What philanthropic work does Lindell do?
He supports former addicts, cancer victims and veterans through his Lindell Foundation.
Conclusion
Mike Lindell rose to fame and fortune with his company, MyPillow, becoming a well-known figure in both business and politics. Despite facing significant challenges, including a defamation lawsuit and a drop in sales due to retailer boycotts.
While his wealth has been impacted, he remains active in various ventures, including the controversial Frank Speech platform. Beyond business, he has made notable contributions through his Lindell Foundation, helping those battling addiction, cancer and other struggles.
His story shows a mix of entrepreneurial success, political involvement and personal commitment to philanthropy. However, his public persona and legal battles continue to affect his financial standing.
