Mike Lindell Net Worth | Celebrity Net Worth

Mike Lindell Net Worth | Celebrity Net Worth

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What is Mike Lindell’s Net Worth?

Mike Lindell is an American entrepreneur, business executive and author who has a net worth of $50 million. Lindell is best known for being the founder and creator of My Pillow. He is also known for being a vocal supporter of Donald Trump, and has been involved in efforts to reverse Trump’s 2020 presidential election, providing financial aid, and spreading conspiracy theories.

In 2012, Mike founded the Lindell Foundation, a non-profit organization that helps drug addicts find treatment, and in 2019, he called the Lindell Recovery Network “to help struggling addicts find hope, restoration, and the love of Jesus.” Launched to help.

Mike published the book “What Are the Odds? From Crack Addict to CEO” in 2019, and in 2021, he directed, produced, and starred in the documentary “Absolute Proof” to try to prove that Trump did in 2020. won the election. Fact-checkers have criticized the documentary for containing “extravertising, baseless claims” and it was removed from YouTube and Vimeo hours after it was livestreamed on the One America News Network website.

early life

Mike Lindell was born as Michael James Lindell on June 28, 1961, in Manakato, Minnesota. He grew up in Carver and Chaska, Minnesota, and began gambling as a teenager. After graduating from high school, Mike enrolled at the University of Minnesota, but dropped out after a few months. Lindell became addicted to cocaine in his twenties, and in the ’90s, he began using crack. His drug abuse and gambling debts caused his first wife to end their marriage as well as close their home. Mike’s drug addiction became so severe that his crack dealers intervened in 2008. According to Lindell, “They were three of the biggest dealers in the cities. They said I had been awake for 19 days straight. They refused to sell me again. One of them tried to hold me until Till I didn’t sleep.” Mike has said that prayer helped him calm down in 2009.

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livelihood

In the 80s, Mike started several small businesses in Minnesota, such as a bar, restaurant, and carpet cleaning business. In 2004, he invented the My Pillow pillow, and for the next few years, he sold the product at trade shows, mall kiosks, and state fairs. He founded My Pillow, Inc. in 2009. was founded, and the company took off after its first infomercial in 2011. The 30-minute show cost $500,000 to make, and it aired an average of 200 times per day. Lindell has said of the infomercial, “It became the number one infomercial in the world. In 40 days, we went from five employees to 500.”

At its peak, the company reported $280 million in revenue per year, and as of this writing, the company has sold more than 50 million pillows and employed more than 1,600 people.

In 2017, My Pillow, Inc. Its accreditation was revoked by the Better Business Bureau due to customer complaints, and its rating was reduced to an F.

Mike appointed his son Darren as CEO of the company in 2020, and as of 2021, many retailers no longer carry My Pillow products. Lindell believes that her claims of voter fraud in the 2020 election caused retailers to stop selling her products, but a Bed Bath & Beyond spokesperson said My Pillow was a number of “underperforming items and brand” that the retailer decided to discontinue. In March 2021, it was announced that Mike was launching a social media platform called Vocl which would be a cross between Twitter and YouTube. He later changed the name to Frank due to a dispute with a company that had set up a website called Vocal. Lindell spent four years developing Frank, which was launched in April 2021 with a number of technical difficulties.

(Photo by Stephen Mechuren/Getty Images)

personal life

Mike married Karen Dickey on 9 May 1987 and they have four children, Lizzie, Heather, Darren and Charlie. Lindell and Dickie divorced after two decades of marriage, and Mike married Dallas Yokum on June 8, 2013. Lindell filed for divorce the following month after Yokum left.

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In early 2021, the “Daily Mail” claimed that Mike began a nine-month relationship with actress Jane Krakowski in late 2019. Krakowski’s rep denied the allegation, saying, “Jane has never met Mr. Lindell. She is not and never has been. In any relationship with him, romantic or otherwise.” Lindell also denied this and filed a lawsuit against the publication. During a March 2021 appearance on “The Dominic Natty Show”, Mike revealed that he was living in undisclosed locations due to security concerns. “I haven’t been back to Minnesota, and no one out there looking for me, I haven’t been back there for two months. I can’t go back there,” he said.

political activities

Lindell became a Trump supporter after meeting with the then-presidential candidate in August 2016. Mike later said, “When I met Donald Trump, it felt like a divine appointment, and when I walked out of that office I decided I was going to go all in.” Lindell attended the final presidential debate as well as Trump’s inauguration, and he spoke at Trump rallies and the 2019 Conservative Political Action Conference.

In 2019, he met with Trump about the issue of opioid addiction, and he was present when the then-president signed the Support for Patients and Communities Act, which tackled opioid use disorder. During the start of the COVID-19 pandemic, Mike temporarily changed the focus of the My Pillow factories from bedding products to face masks at the request of the Trump administration. Around that time, Lindell appeared at a White House COVID-19 press conference, and he became the chairman of the Minnesota campaign for Trump’s 2020 re-election campaign. During the pandemic, Mike has promoted a toxic plant extract, oleandrin, as a COVID-19 cure, and he is a board member of Phoenix Biotechnology, a company that manufactures products containing oleandrin.

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After Joe Biden defeated Trump in the 2020 election, Lindell was involved in sponsoring a bus to go on a two-week tour to challenge the results of the election, and he spoke at certain stops of the tour. He also participated in a rally that preceded the January 6 attack on the capital, but has said he was not present in the rebellion. However, he spread conspiracy theories that Antifa was behind the attack and that “Trump was dressed as a people.”

Mike has also promoted conspiracy theories that the Smartmatic and Dominion voting machine companies colluded with foreign powers to rigged their machines and stole elections, resulting in Dominion filing a $1.3 billion lawsuit against him. In January 2021, these false claims led to Lindell being permanently banned from Twitter. In August 2021, Mike held a three-day “cyber symposium” to present “anecdotal evidence” of voter fraud, which he never presented.

In September 2021, Bonner County, Idaho began recounting ballots cast in the 2020 election after Lindell alleged that more than 40 Idaho counties had been hacked. The recalculation concluded that the accuracy was within 0.1% with no evidence of hacking, and Idaho’s chief deputy secretary, Chad Hawke, announced that the state would be billing Mike for the cost of the recalculation.


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