Mike Lindell Net Worth, Early Life, Career, Lost Revenue and More

Mike Lindell is an American entrepreneur, corporate leader, and author with a large net worth. Lindell is most notable for being the founder and designer of My Pillow. He is also renowned for being a loud fan of Donald Trump, and he has been active in Trump’s attempts to overturn the 2020 presidential election, offering financial assistance and propagating conspiracy theories.

In 2012, Mike started the non-profit organization the Lindell Foundation, which helped drug users seek treatment, and in 2019, he launched the Lindell Recovery Network to “help struggling addicts find hope, rehabilitation, and the love of Jesus.”

Mike published the book ” What Are the Odds? From Crack Addict to CEO” in 2019, and in 2021, he filmed, produced, and appeared in the documentary “Absolute Proof” to try to establish that Trump won the 2020 election. Fact-checkers have attacked the documentary for featuring “debunked, unsubstantial claims,” and it was deleted from YouTube and Vimeo a few hours after it live-streamed on the One America News Network website. To know about Mike Lindell net worth, early life, career, lost revenue, and more continue to read the article further.

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Mike Lindell Early Life

Mike Lindell was born Michael James Lindell on June 28, 1961, in Mankato, Minnesota. He grew up in Carver and Chaska, Minnesota, and he began gambling as a teenager. After graduating from high school, Mike enrolled at the University of Minnesota, but he dropped out a few months later.

Lindell became addicted to cocaine in his twenties, and in the ’90s, he began using crack. His drug habit and gambling debts led to their first wife terminating their marriage as well as the foreclosure of his home. Mike’s drug addiction became so severe that his crack dealers conducted an intervention in 2008.

 

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According to Lindell, “They were three of the top dealers in the city. They said I had been awake for 19 days straight. They refused to sell to me again. One of them tried babysitting me until I fell asleep.” Mike has indicated that praying helped him get sober in 2009.

What Is Mike Lindell Net Worth?

Mike Lindell has a net worth of $50 million.

Mike Lindell Net Worth: $50 Million
Age: 60
Born: June 28, 1961
Country of Origin: United States of America
Source of Wealth: Businessman

Mike Lindell Career Before Net Worth

In the ’80s, Mike founded various small enterprises in Minnesota, such as pubs, restaurants, and a carpet cleaning service. In 2004, he designed the My Pillow, and over the next four years, he sold the product at trade exhibitions, mall kiosks, and state fairs. He developed My Pillow, Inc. in 2009, and the company took off after its first infomercial in 2011.

The 30-minute show cost $500,000 to produce, and it was broadcast an average of 200 times per day. Lindell has remarked of the infomercial, “It became the number one infomercial in the world. In 40 days, we went from five staff to 500.” At its zenith, the company generated a claimed $280 million in revenue each year, and as of this writing, the company had sold over 50 million pillows and employed more than 1,600 people.

Mike Lindell Career Before Net Worth
Mike Lindell Career Before Net Worth

In 2017, My Pillow, Inc.’s certification was removed by the Better Business Bureau owing to consumer complaints, and its rating was downgraded to an F.

Mike made his son Darren the company’s CEO in 2020, and as of 2021, several merchants no longer stock My Pillow products. Lindell believes that shops stopped selling his products because of his predictions of voting fraud in the 2020 election, but a Bed Bath & Beyond spokeswoman claimed that My Pillow was one of several “underperforming items and brands” the retailer opted to drop.

In March 2021, it was stated that Mike was establishing a social media network named Vocl that would be a hybrid between Twitter and YouTube. He eventually changed the name to Frank because of a conflict with a corporation that had launched a website called Vocal. Lindell spent four years developing Frank, which launched in April 2021 with significant technical challenges.

Mike Lindell Personal Life Before Net Worth

Mike married Karen Dickey on May 9, 1987, and they have four children, Lizzy, Heather, Darren, and Charlie. After a 20-year marriage, Lindell and Dickey separated, and on June 8, 2013, Mike married Dallas Yocum. After Yocum left him, Lindell filed for divorce the next month.

The “Daily Mail” reported in early 2021 that Mike had begun a nine-month romance with actress Jane Krakowski at the end of the year 2019. Krakowski’s rep denied the allegation, stating, “Jane has never met Mr. Lindell. She has never been in a love relationship with him and she will never be in one again.” Lindell, for his part, has disputed the allegations and has taken legal action against the newspaper.

In an interview with “The Domenick Nati Show” in March 2021, Mike claimed that he had been hiding his whereabouts for fear of being discovered. He stated, “I haven’t been back to Minnesota, and anybody out there that is looking for me, I haven’t been back there in two months. I can’t go back there.”

Mike Lindell Lost Revenue

Many retail stores removed Mike’s pillows off their shelves following his public rants over the election. A total of $80 million in sales were impacted by this decision. Mike Lindell told CNBC in December 2021 that he spent $25 million of his own money between November 2020 and December 2021 trying to prove that Donald Trump’s election had been rigged.

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