Mike Lindell is a distinguished entrepreneur, political activist, and author with significant standing, not only in America, but across the globe. Once one of the richest men in America, Mike Lindell net worth was way over $100 million during his financially best years. An inclination towards Donald Trump made Mike Lindell net worth drop by around 50%. But he still remains a prominent figure in the business world, as well as politics.
His company, My Pillow and other entrepreneurial ventures have enabled him to retain his name among influential people. His unyielding support for Donald Trump and fabrication of conspiracy theories regarding the 2020 elections make him a known name across the globe.
Let us read about Mike Lindell in detail.
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Mike Lindell bio
Mike Lindell is an entrepreneur and political activist who founded My Pillow. He one of the ardent supporters of Donald Trump.
Mike offered financial backing and support to Trump to overturn the election results. He is also known for promoting medical treatments with no substantial scientific backing to prove their efficiency during the COVID-19 pandemic.
|Name||Mike Lindell (aka Michael James Lindell)|
|Profession||Entrepreneur, political activist, and author|
|Height||5 feet 8 inches (1.78 m or 178 cm)|
|Education||University of Minnesota (dropped-out)|
|DOB||June 28, 1961|
|Years Active||2004- present|
Early life and education
Mike was born Michael James Lindell on June 28, 1961, in Mankato, Minnesota. He spent most of his childhood in Chaska and Carver in Minnesota.
He went to study at the University of Minnesota but did not continue his studies. Mike dropped out only after a few months.
Mike Lindell had a glorious career. Before becoming the “My Pillow Guy”, he ran several small ventures, such as lunch wagons and carpet cleaning. He also owned a few restaurants and bars in Minnesota.
Let us take a look at his once-successful businesses.
Lindell was fondly addressed as “My Pillow Guy” after he launched his very successful venture, My Pillow, which is a pillow and bedding manufacturing company in Minnesota. He started the venture in 2004. My Pillow sold pillows filled with interlocked shredded foam.
After the launch of My Pillow Mike Lindell net worth reached its prime. He grew his business to attain monumental heights, but it hit a setback in 2017 when BBB (Better Business Bureau) revoked its accreditation. An “F” rating was slapped on My Pillow owing to complaints by its consumers.
In 2020, Mike’s son Darren stepped into his shoes and shouldered the responsibility of the chief operating officer.
In 2021, retailers like Bed Bath & Beyond and Kohl’s dropped My Pillow products from their stores due to dying customer demand. But Lindell stated that it has everything to do with his association with the 2020 U.S. presidential election controversy.
In 2023, the company got another shocker when retailers like Slumberland Furniture and Walmart dropped their products. The company decided to sublease some manufacturing spaces and auction their equipment.
Apart from My Pillow, Mike Lindell also owns a brand Frank. A video streaming website, Frank (also known as FrankSpeech), and a social networking website, FranSocial, operate under this brand.
In March 2021, Frank told about his plans to launch Vocl, his under-development social media platform. Soon after that he faced resistance from a company that ran a website, Vocal. After this controversy, he renamed his brand to Frank.
After a month, Frank launched on frankspeech.com, but the sail was far from smooth. A lot of technical issues erupted during the process.
Frank is one of the major culprits in Mike Lindell net worth drop. According to reports, Mike spent millions ($936,000, precisely) on the development and launch of Frank. In March 2022, he confessed to Insider that he spent more than $1 million every month on his venture. Frank.
In April 2022, FrankSocial, his social networking website went live. Although the company claimed it to be a cross between Twitter and YouTube, Insider described this social media site as “reminiscent of Facebook’s 2012 design, sans messaging function and with a simple news feed function.”
As of April 21, Mike had 308 people following him on FrankSocial. He has the maximum number of followers on this platform.
Mike Lindell is the author of the book What Are the Odds? From Crack Addict to CEO. As the name states, this self-published book chronicled the landmark events of his life- how he recovered from addiction to cocaine overnight. He accredited Divine powers for his sobriety.
The book also mentions the launch of My Pillow, his pillow and bedding business.
Mike Lindell net worth
Mike Lindell was a very successful businessman. As mentioned, during his peak years, his net worth was more than $100 million. His venture, My Pillow, made him more than $110 million per year. But that was before the political soup he landed into.
Currently, Mike Lindell net worth is estimated to be $40 million. According to reports, as of 2023, his venture, My Pillow, is expected to generate a revenue of $5 million.
Mike Lindell net worth drop happened after his attempts to overturn the election. He spent a fortune ($25 to $50 million) proving that the 2020 election was arranged fraudulently. He has spoken about spending his personal funds to support Donald Trump in several interviews.
Mike also incurred a loss when Bed Bath & Beyond, Kohl’s, Walmart, and other big retailers dropped his products from their stores. His claims of spending around $1 million every month at a point in time to sustain Frank Social also contribute to the drop in his wealth.
To add insult to injury, his attorney recently dropped him as a client, claiming that he has not yet paid his legal fees that account for millions.
Mike has now claimed that he has no money left.
The friendship between Lindell and Trump
Mike Lindell’s affection for Donald Trump came into existence in August 2016. One meeting with the Republican presidential candidate, and Mike was in awe of him. He even went on calling him “the most amazing president” after Trump won the 2016 election.
Mike was all praises for Donald Trump, as was evident in all the speeches he made. He spoke about Trump at Liberty University (August 2019), the Trump campaign rally (November 2016 in Minneapolis), the Trump rally (October 2018, Rochester, Minnesota), the 2019 Conservative Political Action Conference, and many other such events.
He also registered his presence at the final presidential debate on October 19, 2016, in Las Vegas, the Official Donald Watch Party on November 8, Trump’s inauguration, and the industry roundtable event held in 2017.
Donald also took every opportunity to praise his closest ally. On June 27, 2018, in Fargo, North Dakota, Trump praised the business sense of his friend, Mike Lindell.
In 2019, Trump and Mike came together to deal with the opioid crisis. In March 2020, Mike revealed that his company’s manufacturing units were producing face masks at Trump’s administration’s request. He even attended the coronavirus press conference with Trump.
Although Mike never ran for election, he had the plans to do so. On the insistence of Trump, he planned to run for the 2022 elections for governor of Minnesota. In May 2020, he chaired Donald Trump’s re-election campaign.
In 2022, he ran for Chair of the Republican National Committee but lost the elections. He received only four votes out of 167.
After losing the 2020 presidential election, Donald Trump found massive support in Mike Lindell. Mike went from post to pillar to help Trump overturn the election result.
Right from financially supporting Trump to speaking in his support at every possible opportunity, Lindell did it all.
Mike sponsored a bus tour planned to challenge the results. He blamed Smartmatic and Dominion, the companies that provided voting machines, for conspiring with others to meddle with the election results. He promoted this conspiracy theory on several platforms and even made documentaries on the subject.
Addiction to cocaine and gambling
When he was in his teen years, Mike developed an addiction to gambling. In his 20s, he was addicted to cocaine.
Between the 1980s and 1990s, Mike’s addiction became worse. His crack cocaine addiction worsened, and he fell into the vicious trap of gambling debts. His addiction took a toll on his personal life, resulting in his wife, filing for a divorce. He also lost his home in foreclosure.
In 2009, Mike claimed that he was sober. He accredited prayers to his sobriety.
COVID medicine controversy
During the COVID-19 pandemic, Mike promoted unproven medical treatment of the disease through oleandrin. Oleandrin comes from oleanders. It is cardiotoxic.
Mike was seen widely promoting the drug on the false claims that it is proven safe by a study. On the contrary, no study has proven the effectiveness or safety of this drug in the treatment of COVID-19.
Mike Lindell had been active in philanthropic work during the early days of his venture, My Pillow. He donated a huge sum of money to Union Gospel Mission and Salvation Army.
He also founded a non-profit organization, Lindell Foundation. His foundation helped drug addicts to get treatment and avail of necessary services to get rid of their addiction. It also helped veterans and cancer victims.
In 2019, he expanded his social work and launched the Lindell Recovery Network to connect drug addicts with former drug addicts, who had undergone treatment and recovery. He also launched several recovery organizations and faith-based treatment centers to help drug addicts.
Mike Lindell: Doctor of Business
Mike is an evangelical Christian. He was honored with the honorary Doctor of Business from Liberty University. The president of the university called Mike the greatest Christian businessman.
Lindell donated 12,000 pillows (worth more than $600,000) to everyone who attended the event.
Mike Lindell was active on Twitter until January 25, 2021, when the micro-blogging site banned him for making false claims regarding the 2020 elections. After Twitter banned his personal account, Lindell used the My Pillow account. He made some outrageous tweets, following which Twitter permanently banned his My Pillow account.
Mike is still active on Instagram. He has 363k followers on this social media platform and shares promotions and offers on My Pillow along with videos and excerpts from interviews praising Donald Trump.
His Instagram handle is @michaeljlindell.
Mike Lindell was married to Karen Dickey for around two decades, but they got divorced. The couple also had children.
Later, Lindell married Dallas Yocum, but this marriage also did not work out in his favor. The couple got married in June 2013, but problems erupted only after a month. They separated in mid-July 2013 and filed for divorce.
According to Daily Mail, Mike was in a relationship with Jane Krakowski (actress). Their relationship lasted nine months, from late 2019 to the summer of the following year. The alleged couple rubbished these claims. Mike even sued the newspaper for publishing the article.
Currently, Mike Lindell family comprises his four children- Heather, Lizzy, Darren, and Charlie.
From being one of the richest men in the USA to losing all his money, Mike Lindell has experienced many highs and lows in his life. What made him stand the test of time is his determination.
Infamous for supporting Trump and promoting his conspiracy theories regarding the election and unproven medical treatments, Michael James Lindell is someone the world will always remember.
Frequently Asked Questions (FAQs)
1. Who is Mike Lindell?
Mike Lindell is an American businessman, political activist, and author.
2. Is Mike Lindell currently married?
No, Mike Lindell is currently not married to anyone.
3. What is Mike Lindell net worth Forbes?
According to Forbes, Mike Lindell net worth is $40 million.
4. Are My Pillow pillows still available?
Yes, My Pillow pillows are available on Costco and Amazon.
5. What is My Mike Lindell Net Worth and Career Graph Across Diverse Interests’s yearly revenue?
My Pillow’s annual revenue was $17.3 M as of 2022.