Lindell has earned his net worth through his successful pillow business, as well as through his investments in real estate and other businesses. He also earns a salary of $1 million per year from MyPillow.
Mike Lindell is an American entrepreneur and business executive with a net worth of $200 million. He is best known for founding and creating the popular pillow company MyPillow, which has earned him his wealth. In addition to his business ventures, Lindell also earns a salary of $1 million per year from MyPillow.
Mike Lindell is a member of CEOs
Age, Biography and Wiki
💰 Net worth: $200 Million (2024)
Mike Lindell, known as the CEO of MyPillow, is projected to have a net worth of $200 million in 2024. Lindell's wealth is a testament to his successful entrepreneurial endeavors in the American business landscape. As the head of MyPillow, a highly popular bedding and pillow manufacturing company, he has successfully built a brand that resonates with consumers. Lindell's knack for innovation and his dedication to quality have undoubtedly contributed to his financial success. With his immense wealth, Lindell's accomplishments as a CEO serve as an inspiration to aspiring entrepreneurs across the United States.
Mike Lindell net worth and salary: Mike Lindell is an American entrepreneur and business executive who has a net worth of $200 million. Mike Lindell is most famous for being the founder and creator of MyPillow. He was born on June 28, 1961 in Makato, Minnesota. He was then raised in Chaska and Carver, Minnesota. Before inventing MyPillow, Mike struggled with addiction. He was addicted to cocaine, alcohol and crack dating back to the early 80s. During this time, Mike dabbled with other entrepreneurial efforts that included a time raising pigs, owning a bar and operating a carpet cleaning business. He founded My Pillow, Inc in 2004. He is the inventor and patent owner behind the pillow's open-cell, poly-foam design. When the company started he had five employees. Today the company employs more than 1,500 people. He sold his first pillow at a mall kiosk. He spent the first six years of the company selling the product at malls, trade shows and state fairs. In 2011, My Pillow launched its first infomercial. The 30 minute show cost $500,000 to produce and aired an average of 200 times per day. After the commercials began airing, his business exploded. Over the next 12 months, he sold $100 million worth of pillows. Mike Lindell has been sober since 2009 and today his company generates $280 million in revenue per year. As of this writing, he has sold more than 30 million pillows at an average base price of $45. He aims to produce 85,000 pillows a day after launching a new factory in his hometown. Mike Lindell is a staunch supporter of Donald Trump. Donald reportedly sleeps on a My Pillow at the White House.