Mike Lindell Net Worth
Mike Lindell net worth and salary: Mike Lindell is an American entrepreneur and business executive who has a net worth of $300 million. Mike Lindell is most famous for being the founder and creator of MyPillow.
He was born on June 28, 1961 in Mankato, 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 President Donald Trump. Donald reportedly sleeps on a My Pillow at the White House.
|Net Worth:||$300 Million|