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About Mike Lindell Net Worth
Mike Lindell is an American entrepreneur, business executive, and author with a reported net worth of $20 million. He amassed his wealth as the founder and creator of My Pillow, a company that once symbolized a compelling tale of recovery and American entrepreneurship. Despite dropping out of college, Lindell launched My Pillow in 2005. In 2008, he grappled with severe addiction to crack cocaine, recounting that he remained awake for 19 consecutive days. However, on January 16, 2009, he decided to make a drastic change in his life, giving up alcohol, cocaine, and crack. From 2009 to 2016, both My Pillow and Mike’s personal journey became stories of remarkable recovery and success. His commercials became a common sight on television, especially on Fox News. During his peak, around 2016-2017, Mike Lindell’s net worth reached an estimated $200 to $300 million. Before venturing into conspiracy theories and facing a $1.3 billion defamation lawsuit, his company was generating approximately $300 million in annual gross revenue. My Pillow products were top sellers at major retailers like Walmart, Bed Bath & Beyond, Kohls, HEB Stores, Wayfair, and the Canadian Shopping Channel. Based on similar valuations of comparable companies, My Pillow was valued at around $500 million in 2017.
However, today, Mike is better known for his outspoken and controversial support of Donald Trump, as well as his promotion of false conspiracy theories. Lindell played a significant role in Trump’s efforts to challenge the 2020 presidential election results, providing financial backing and disseminating baseless conspiracy theories. Consequently, many retailers, including the six mentioned earlier, ceased carrying My Pillow products. Mike faced a substantial financial setback in June 2022 when Walmart, the company’s largest retail partner, stopped selling its products. In interviews conducted in 2022 and 2023, Mike disclosed that he had spent between $25 million and $50 million of his personal funds in an attempt to prove that the 2020 election had been stolen from Donald Trump. At one point, he claimed to be allocating $1 million per month to launch and sustain his social media app, Frank Social. In November 2022, Mike Lindell announced his candidacy for Chair of the Republican National Committee. However, he lost the election on January 27, 2023, receiving only four of the 167 votes cast.
Mike Lindell Net Worth
Mike Lindell has an estimated net worth of up to $20 Million.
| Net Worth: | $20 Million |
| Date of Birth: | Jun 28, 1961 |
| Age: | (62 years old) |
| Gender: | Male |
| Profession: | Founder and CEO of My Pillow |
| Nationality: | America |
| Country | America |
| Ethnicity | Mankato, Minnesota, U.S. |
| Residence | America |
| Complexion | White |
Mike Lindell, originally named Michael James Lindell, was born on June 28, 1961, in Mankato, Minnesota. He spent his formative years in Carver and Chaska, Minnesota, and developed a penchant for gambling during his teenage years. Following his high school graduation, Mike briefly attended the University of Minnesota but dropped out after just a few months. In his twenties, Lindell fell into the grips of cocaine addiction, which escalated to crack cocaine use in the 1990s. His struggles with substance abuse, coupled with mounting gambling debts, led to the dissolution of his first marriage and the foreclosure of his home. Mike’s addiction to drugs became so severe that, in 2008, his crack cocaine suppliers staged an intervention. In Lindell’s own words, “They were three of the biggest dealers in the cities. 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 attested that his recovery in 2009 was facilitated by prayer.
Mike Lindell Biography
Mike Lindell married Karen Dickey on May 9, 1987, and they have four children together: Lizzy, Heather, Darren, and Charlie. After being married for twenty years, Lindell and Dickey divorced. Subsequently, Mike tied the knot with Dallas Yocum on June 8, 2013. However, their marriage took a downturn, and Lindell filed for divorce just one month later. In early 2021, there were reports in the “Daily Mail” alleging that Mike had been involved in a nine-month relationship with actress Jane Krakowski starting in late 2019. Krakowski’s representative vehemently denied these claims, stating that Jane had never even met Mr. Lindell and had no romantic involvement with him. Lindell himself also denied the allegations and initiated a lawsuit against the publication.
During a March 2021 appearance on “The Domenick Nati Show,” Mike revealed that he had been living in undisclosed locations due to concerns for his safety. He expressed, ‘I haven’t been back to Minnesota, and anyone out there looking for me, I haven’t been there in two months. I can’t go back.’ On January 17, 2023, during the inauguration of Dan Patrick as Lieutenant Governor of Texas, it was disclosed that Lindell had relocated to Texas a few years prior.
In 2012, Mike established the non-profit organization called the Lindell Foundation, dedicated to helping individuals struggling with drug addiction access treatment. In 2019, he launched the Lindell Recovery Network with the aim of assisting individuals grappling with addiction in finding hope, restoration, and embracing faith.
In 2019, Mike authored the book titled “What Are the Odds? From Crack Addict to CEO.
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