What Is Mike Lindell’s Net Worth?
Mike Lindell is an American entrepreneur, enterprise government, and creator who has a net worth of $50 million. Lindell is most well-known for being the founder and creator of My Pillow. He’s additionally identified for being a vocal supporter of Donald Trump, and he has been concerned in Trump’s makes an attempt to overturn the 2020 presidential election, offering monetary help and spreading conspiracy theories.
In 2012, Mike based the non-profit group the Lindell Basis, which helped drug addicts acquire remedy, and in 2019, he launched the Lindell Restoration Community to “assist struggling addicts discover hope, restoration, and the love of Jesus.”
Mike printed the guide ” What Are the Odds? From Crack Addict to CEO” in 2019, and in 2021, he directed, produced, and starred within the documentary “Absolute Proof” to attempt to show that Trump received the 2020 election. Reality-checkers have criticized the documentary for together with “debunked, unsubstantial claims,” and it was faraway from YouTube and Vimeo a number of hours after it livestreamed on the One America Information Community web site.
Mike Lindell was born Michael James Lindell on June 28, 1961, in Mankato, Minnesota. He grew up in Carver and Chaska, Minnesota, and he started playing as a teen. After graduating from highschool, Mike enrolled on the College of Minnesota, however he dropped out a number of months later. Lindell grew to become hooked on cocaine in his twenties, and within the ’90s, he started utilizing crack. His drug abuse and playing money owed led to his first spouse ending their marriage in addition to the foreclosures of his dwelling. Mike’s drug habit grew to become so extreme that his crack sellers held an intervention in 2008. Based on Lindell, “They have been three of the most important sellers within the cities. They stated I had been awake for 19 days straight. They refused to promote to me once more. One in every of them tried babysitting me till I fell asleep.” Mike has stated that prayer helped him get sober in 2009.
Within the ’80s, Mike launched a number of small companies in Minnesota, akin to bars, eating places, and a carpet cleansing enterprise. In 2004, he invented the My Pillow pillow, and for the following few years, he offered the product at commerce exhibits, mall kiosks, and state gala’s. He established My Pillow, Inc. in 2009, and the corporate took off after its first infomercial in 2011. The 30-minute present value $500,000 to supply, and it aired a mean of 200 occasions per day. Lindell has stated of the infomercial, “It grew to become the primary infomercial on the earth. In 40 days, we went from 5 staff to 500.”
At its peak, the corporate generated a reported $280 million in income per 12 months, and as of this writing, the corporate has offered over 50 million pillows and employs greater than 1,600 folks.
In 2017, My Pillow, Inc.’s accreditation was revoked by the Higher Enterprise Bureau on account of buyer complaints, and its ranking was lowered to an F.
Mike appointed his son Darren the corporate’s CEO in 2020, and as of 2021, many retailers not carry My Pillow merchandise. Lindell believes that retailers stopped promoting his merchandise due to his claims of voter fraud within the 2020 election, however a Mattress Tub & Past spokesperson stated that My Pillow was considered one of many “underperforming gadgets and types” the retailer determined to discontinue. In March 2021, it was introduced that Mike was launching a social media platform known as Vocl that will be a cross between Twitter and YouTube. He later modified the title to Frank due to a dispute with an organization that had established an internet site known as Vocal. Lindell spent 4 years creating Frank, which launched in April 2021 with quite a few technical difficulties.
Mike married Karen Dickey on Could 9, 1987, and so they have 4 kids, Lizzy, Heather, Darren, and Charlie. Lindell and Dickey divorced after twenty years of marriage, and Mike wed Dallas Yocum on June 8, 2013. Lindell filed for divorce the next month after Yocum left him.
In early 2021, the “Each day Mail” claimed that Mike started a nine-month relationship with actress Jane Krakowski in late 2019. Krakowski’s rep denied the allegation, stating, “Jane has by no means met Mr. Lindell. She just isn’t and has by no means been in any relationship with him, romantic or in any other case.” Lindell additionally denied it and filed a lawsuit towards the publication. Throughout a March 2021 look on “The Domenick Nati Present,” Mike revealed that he had been dwelling in undisclosed areas on account of security considerations. He acknowledged, “I have not been again to Minnesota, and anyone on the market that’s searching for me, I have not been again there in two months. I can not return there.”
Lindell grew to become a Trump supporter after assembly with the then-presidential candidate in August 2016. Mike later stated, “Once I met with Donald Trump, it felt like a divine appointment, and after I walked out of that workplace I made a decision I used to be going to go all in.” Lindell attended the ultimate presidential debate in addition to Trump’s inauguration, and he has spoken at Trump rallies and the 2019 Conservative Political Motion Convention.
In 2019, he met with Trump in regards to the challenge of opioid habit, and he was in attendance when the then-president signed the SUPPORT for Sufferers and Communities Act, which handled opioid use dysfunction. Throughout the starting of the COVID-19 pandemic, Mike briefly modified the main focus of the My Pillow factories from bedding merchandise to face masks on the Trump administration’s request. Round that point, Lindell appeared at a White Home COVID-19 press convention, and he grew to become the Minnesota marketing campaign chair for Trump’s 2020 re-election marketing campaign. Throughout the pandemic, Mike has promoted oleandrin, a poisonous plant extract, as a COVID-19 remedy, and he’s a board member of Phoenix Biotechnology, an organization that producers merchandise that include oleandrin.
After Joe Biden defeated Trump within the 2020 election, Lindell was concerned in sponsoring a bus to go on a two-week tour to problem the outcomes of the election, and he spoke at a number of stops on the tour. He additionally attended the rally that preceded the January sixth assault on the Capital, however he has stated that he was not current on the rebel. Nevertheless, he did unfold conspiracy theories that Antifa was behind the assault and have been in all probability “dressed as Trump folks.”
Mike has additionally promoted conspiracy theories that the Smartmatic and Dominion voting machine corporations teamed up with international powers to rig their machines and steal the election, which resulted in Dominion submitting a $1.3 billion lawsuit towards him. In January 2021, these false claims obtained Lindell completely banned from Twitter. In August 2021, Mike held a three-day “Cyber Symposium” to current “irrefutable proof” of voter fraud, which he by no means produced.
In September 2021, Bonner County, Idaho, started a recount of ballots that have been forged within the 2020 election after Lindell alleged that greater than 40 Idaho counties had been hacked. The recount concluded that accuracy was inside 0.1% with no proof of hacking, and Idaho’s Chief Deputy Secretary of State, Chad Houck, introduced that the state can be billing Mike for the price of the recount.