Mike Lindell net worth in 2024 is something many people are curious about. Known as the founder of MyPillow, he became a well-known business figure thanks to his company’s success. Over the years, he has also been in the spotlight for his political views and public appearances.
Let’s take a closer look at how Lindell has earned his money and where his wealth comes from.
| Full Name | Michael James Lindell |
| Date of Birth | June 28, 1961 |
| Place of Birth | Mankato, Minnesota, USA |
| Occupation | Entrepreneur, Founder of MyPillow, Political Activist |
| Height | 5 feet 10 inches (178 cm) |
| Spouse | Karen Dickey(divorced) Dallas Yocum (divorced) |
| Children | Heather Lueth, Lizzy Meyers, Darren Lindell, Charlie Lindell |
| Net Worth | $50 million |
Mike Lindell, the founder and CEO of MyPillow who has an estimated net worth of $50 million as of 2024. Known for his political activism and involvement in various business ventures, Lindell’s fortune has grown through his pillow business and media appearances. According to Celebrity Net Worth, Lindell’s wealth continues to reflect his success in both the business and political spheres.
He started the business in 2004 after coming up with a new type of pillow. MyPillow became very successful through TV commercials and infomercials, where Lindell himself often appeared. The company’s products became popular, selling millions of pillows.
His success with MyPillow is the main reason for his financial success, and it also made him a well-known figure in business and media.
Mike Lindell was born on June 28, 1961, in Mankato, Minnesota. He grew up in Chaska and Carver, Minnesota. During his teenage years, he started gambling, which became a problem for him.
After high school, Mike went to the University of Minnesota but left after a few months. In his 20s, he started using cocaine. Later in the 1990s, he switched to crack cocaine, which made his addiction worse.
Mike also had gambling debts. These problems led to him losing his house. His wife also divorced him. In 2009, Mike said he was able to stop using drugs and gambling by praying.
In the 1980s, Mike Lindell started several small businesses. He worked in carpet cleaning, and lunch wagons, and owned bars and restaurants in Carver County, Minnesota.
Lindell created My Pillow in 2004. The pillow is filled with shredded foam that locks together. He grew his business into a big company in Minnesota.
In 2017, the Better Business Bureau (BBB) gave My Pillow a bad rating of F. This was because many customers complained. The BBB pointed out that Lindell’s “buy one, get one free” deal became permanent and was not a sale. Lindell said he was very disappointed by the BBB’s decision.
In 2020, Lindell made his son Darren the chief operating officer of My Pillow. He said this was part of his plans for the future, which might include politics.
In 2021, some big stores like Kohl’s and Bed Bath & Beyond stopped selling My Pillow. Lindell believed it was because of his claims about the 2020 election. However, the stores said it was because of low sales and poor market research.
By 2023, My Pillow had to sell equipment and lease out parts of its factory. Many stores, including Walmart, stopped selling the products.
Lindell started working on a new social media platform called Vocl in March 2021. He wanted it to be like a mix of YouTube and Twitter. Later, he renamed the site to Frank after a legal dispute. Frank launched in April 2021 but faced many technical issues. Lindell said it was due to a “massive attack.” The site mainly shows video streams and conspiracy theories about the 2020 election.
Lindell spent millions on the development of Frank. He also said he was spending over $1 million a month on it. Some experts believe Lindell might be losing money on these projects.
In April 2022, Lindell launched FrankSocial, a new social media site. It looked like Facebook from 2012 and only had a basic news feed. Lindell was the most followed person on the site, with 308 followers.
Mike Lindell married Karen Dickey on May 9, 1987. They had four kids together: Lizzy, Heather, Darren, and Charlie. After about 20 years of marriage, Mike and Karen divorced.
Mike then married Dallas Yocum on June 8, 2013, but their marriage ended quickly. He filed for divorce a month later after Dallas left him. In April 2024, Donald Trump shared the news about Mike’s third marriage at a rally.
Lindell is an evangelical Christian. He received an honorary Doctor of Business degree from Liberty University in 2019. Dave Brat, the dean of the School of Business, called him “one of the greatest Christian businessmen on the planet.” During the event, Lindell donated 12,000 pillows worth $600,000.
In 2019, he also published his book What Are the Odds? From Crack Addict to CEO. The book tells the story of his recovery from drug addiction and how his faith helped him start his pillow business.
In 2021, the Daily Mail reported that Lindell had a relationship with actress Jane Krakowski from late 2019 to the summer of 2020. Both Lindell and Krakowski denied it. Lindell sued the newspaper for libel but lost the case in December 2021. A court said Lindell did not prove any false claims were made about him.
In March 2021, Lindell mentioned on The Domenick Nati Show that he had moved out of Minnesota. He said he wasn’t attending in-person events anymore because he had safety concerns.
In the beginning, Mike Lindell donated to the Salvation Army and Union Gospel Mission. These donations helped support people in need.
Mike Lindell started the Lindell Foundation. This non-profit helps former addicts get treatment and services. Over time, the foundation expanded to help cancer patients and veterans too.
In 2019, Mike Lindell created the Lindell Recovery Network. This network connects people struggling with addiction to others who have been through it. It also links them to faith-based treatment centers and other recovery groups.
Mike Lindell became a strong supporter of Donald Trump after meeting him in 2016. He called Trump “the most amazing president in history” after the election. Lindell often praised Trump publicly, saying meeting him felt like a divine appointment. He attended major events like Trump’s inauguration and campaign rallies, even receiving a special inauguration pin as a gift.
Lindell worked with Trump on issues like opioid addiction and mask production during the COVID-19 pandemic. He participated in industry events and spoke at political rallies, often declaring that Trump was chosen by God. In 2020, Lindell became the campaign chair for Trump’s Minnesota reelection efforts but chose not to run for governor himself.
Lindell has been involved in several controversies. He promoted Absolute Proof, a documentary with false claims about election fraud, which won a Golden Raspberry Award for Worst Picture. He also funded election fraud bus tours and made unsupported claims about voter machine hacking. His predictions about Trump being reinstated as president in 2021 and 2022 were repeatedly proven wrong.
Dominion Voting Systems and Smartmatic filed lawsuits against Lindell for defamation, seeking billions in damages. Courts ruled against him multiple times. He was also ordered to pay $5 million to a tech expert who disproved his fraud claims. In October 2023, Lindell revealed he had lost all his money, including funds for legal representation.
In August 2016, Mike bought a big house in Chaska, Minnesota. The mansion was 5,400 square feet and sat on 2.5 acres of green land. He spent $745,000 on it.
Mike decided to sell the house in September 2022. He listed it for $1.1 million. By December 2022, he sold it for $945,000.
