Mike Lindell Net Worth, Income, Wife, Lawsuits in 2025

Mike Lindell’s net worth has been headline-grabbing after his controversial rise to fame. At his peak, this MyPillow Guy had as much as 400 million bucks in his bank account. However, things haven’t always been smooth sailing for Mr. Lindell, as he has combatted various controversies and lawsuits.

After facing much turbulence and legal battles, how deep does his wealth run today – has it plummeted or been preserved? This piece will provide a detailed analysis of his income, offering insights into Mike Lindell’s net worth in 2025. Further, we’ll also have a quick look at his career, his personal life, including controversies, and the MyPillow roadmap. Let’s dive into the rollercoaster finances of one of America’s most polarizing entrepreneurs.

Quick Facts

Here is a quick look at the personal life, achievements, and records of Mike Lindell:

Facts Information
Real Name Michael James Lindell
Popular Name My Pillow Guy, Mike Pillow
Gender Male
Birth Date June 28, 1961
Age 63 years old 
Zodiac Sign Cancer
Parents Barbara Lindell and James Lindell
Siblings 2 Brothers and 1 sister (Names are not disclosed)
Birthplace Mankato, Minnesota, USA.
Current Residence Minnesota, U.S. (Has multiple properties in the US)
Nationality American
Ethnicity Caucasian
Religion Christian
Sexual Orientation Heterosexual
Education Attended University of Minnesota (dropped out)
Marital Status In a prenuptial agreement (Claimed by Donald Trump)
Spouse The name of his prospective spouse is not known yet
Children 4 children
Net Worth $174 million
Annual Income Generated $10 million in 2022 and $5 million in 2023 (Latest figures are not available)
Source of Wealth My Pillow, Media investments, real estate, and technology startups
Height Different sources claim it to be around 5’10” to 6’1”
Weight 97 kg (213 pounds)
Hair Color Light Brown
Eye Color Blue
Professional Titles Entrepreneur, CEO
Notable Awards None widely recognized
Unique Achievement Laid the foundation of My Pillow company 
Primary Income Streams Sales from My Pillow products and My Store
Notable Publications What Are The Odds, From Crack Addict to CEO
Social Media Presence Has his own social media platform called FrankSocial. Also active on Instagram
Professional Expertise Business management, marketing
Languages English
Philanthropic Interests Lindell Foundation, Lindell Recovery Network, Supports addiction recovery programs
Hobbies Engaging in political activism
Personal Brands My Pillow
Unique Characteristics Strong supporter of Donald Trump; known for controversial views

What is Mike Lindell’s Net Worth in 2025?

Mike Lindell speaking at a podium.
Source: newsweek.com

Today, Mike Lindell’s net worth is estimated to be around $174 million in 2025, as per various credible resources such as the International Business Times and Finbold.

However, some analysts such as Wealthy Gorilla mention his income to be around $50 million. Since there’s no clarification from the entrepreneur himself, we can put a range of $50 – $174 million.

In his peak years, he amassed hundreds of millions of dollars, with the highest income being around $400 million in the years 2018 and 2019.

Annual Income of Mike Lindell

As of 2025, Mike Lindell hasn’t declared his annual income. His per-year gain in net worth from 2015 – 2025 is given below:

  • 2015: $100 million as My Pillow made headlines for the first time
  • 2016: $100 million, the continued success of My Pillow
  • 2017: Over $100 million, more revenue and sales of My Pillow due to strong marketing
  • 2018: Around $300 million, revenue increased due to expansion in My Pillow retailers
  • 2019: Over $200 million
  • 2020: $110 million, the revenue took the first hit as Lindell published the conspiracy theories
  • 2021: In 2021, Mike Lindell’s net worth dropped to $50 million, as retailers set down My Pillow products due to political interference
  • 2022: $10 million due to decline in production and sales
  • 2023: Around $5 million, he listed most of the company’s equipment for auction
  • 2024: No gain in revenue; even took a loan of $1.5 million at a 409% interest rate
  • 2025: No data; however, resources suggest that his business is making a recovery

Factors Contributing to His Net Worth

Mike Lindell speaking to the media outside a building
Source: mercurynews.com

Mike Lindell has gathered his net worth from the following sources:

  • MyPillow Sales: This is his main income source throughout all the years.
  • Investments: He has also invested in various ventures, including real estate and media startups. He lives in a 21,000-square-foot mansion in Minnesota, worth $58 million (bought for $40 million).

Mike Lindell Assets

Mike Lindell owns various assets. These include 10 land properties, 9 cars, and 4 luxury yachts. Apart from that, he also has a cash worth of $50 million. Further, $25 million worth of stock is also named to him, as mentioned below:

  • Walmart
  • Tesla
  • Starbucks
  • ExxonMobil
  • Wells Fargo
  • Apple

Apart from that, he also has a craze for cars. His latest purchase was a Bentley Flying Spike worth $760,000. Other cares to his name are:

  • Range Rover Velar
  • Audi A6
  • Ferrari Portofino
  • Lincoln Navigator
  • BMW X8
  • Lexus ES
  • Mercedes-Benz C-Class

The Reason for Drop in Mike Lindell’s Net Worth

Mike Lindell speaking at a podium.
Source: marketinic.com

The major reason for the drop in his income was his political stance and support for conspiracy theories in the 2020 general elections. For instance, he had to pay $40 million in lawsuits and defamation cases against companies such as Dominion Voting Systems and Smartmatic (The case is still pending as he countersued the company).

Further, the sales of MyPillow also fell back due to Lindell’s wrong policies and stance on corrupt 2020 elections. This led to a mistrust of the retailers of his products and the removal of his items from stores, such as Walmart and Bed Bath & Beyond.

Lindell also launched its own social media platform, FrankSocial, in 2020. This channel cost him around $1 million per month to keep afloat, resulting in nothing but a big loss in revenue.

Projected Growth of Mike Lindell’s Net Worth in 2025

As of February 2025, experts are indicating a positive growth and upward trend in the sales of MyPillow. He has supported Trump for a long time, even in cases such as E. Jean Carroll’s defamation lawsuits. Now that Trump is in power, theorists say that it may benefit Lindell. For now, nothing’s certain.

Biography: Who is Mike Lindell?

Mike Lindell stand hand with americen flag background
Source: mlive.com

My Pillow Guy, Mike Pillow, right-wing activist, Donald Trump disciple, pillow pitchman – there are various ways to call Mike Lindell. But he is best known as the person whose beliefs in conspiracy theories have brought his business and personal brand down – Said Business Insider.

Founder and CEO of My Pillow, a pillow and bedding company, Mike Lindell was born on June 28, 1961. After having a preliminary education, he went to the University of Minnesota but left as a dropout due to his gambling and cocaine addiction.

After trying several businesses such as carpet cleaning, lunch wagons, and restaurants, he launched My Pillow in 2004. He invented a new pattern where the pillows are filled with interlocking shredded foam.

In 2009, Lindell left his bad habits and decided to focus on his venture. The company had its first major success in 2011. However, his belief in conspiracy theories and inability to provide proof for the 2020 election being rigged. Since then, Lindell has been fighting various lawsuits and settlements.

Marriage, Spouse, and Children

Mike Lindell has been married twice. His first marriage was with Karen Dickey, who lasted 26 years (1987 – 2013). She was the woman who supported Mike through rough and tough times. There is not much information about Karen Dickey Lindell. However, if she’s still alive, her age would be in the 70s or 80s.

His second marriage was with Dallas Yocum Lindell and lasted only 2 weeks. As of 2025, Mike Lindell is believed to be in a relationship with Kendra Lee Reeves. It is also said that the couple signed a prenuptial agreement in 2023. However, this is no official confirmation from any side yet.

A Controversial Life of Mike Lindell

Mike Lindell’s life is full of controversies. First, he was a gambler and had various other chemical addictions. However, he left everything in 2009, and things went well when he decided to make accusations about the 2020 presidential elections.

He even started an initiative called “Prove Mike Wrong Challenge” or events such as “cyber symposium.” The goal is to spread the news that the elections were corrupted. However, all of these efforts landed him in hot waters.

In 2021, Dominion Voting Systems and Smartmatic filed a lawsuit against him for not providing evidence. In the following year, Smartmatic opened a lawsuit against Lindell due to his false claims.

In 2023, a cyber expert, Robert Zeidman proved him wrong and filed for $5 million as he debunked his conspiracy theory. As the next year comes, a federal judge has issued a $5 million arbitration award against him. In 2025, another federal judge fined him $60,000 for his fraudulent claims and availability of claims.

How Did Mike Lindell Build His Business Empire?

Mike Lindell smiling while holding a white pillow.
Source: cnbc.com

Mike Lindell is best known for his bedding company, My Pillow. He started this company in 2004 after thinking about unique foam design interlocks to provide comfort and shape.

Rise of My Pillow

At first, the business struggled to begin any noticeable sales and was only selling the products at local shops or mall kiosks. However, his days turned when Mike decided to quit his addictions and started focusing on the venture.

In 2011, Mike created an infomercial that brought him overnight popularity. After this ad, his revenue skyrocketed to $102 million in 2012. By the end of 2018, this venture had already reached the mark of $300 million and had more than 500 employees.

The Fall of My Pillow

This business saw its first setback in 2016 in the form of a lawsuit by Alameda County and eight other California counties. They challenged the claims that My Pillows helps with sleep apnea and insomnia. However, the company settled for $1 million.

But the real struggle started in 2020 when Mike Lindell started pursuing his conspiracy theories about voter fraud. This caused a backlash, resulting in the removal of My Pillows from major retailers such as Walmart and Bed Bath & Beyond. Many other lawsuits and a bad reputation of Lindell have put a halt on the sales, and its revenue jumped from $110 million to $5 million by 2023.

Infographic mike lindell net worth
Infographic: Mike Lindell Net Worth

Bottom Line

Mike Lindell’s net worth is around $175 million, as per credible sources. He gained attraction in 2011 by his company, My Pillow, which brought him millions of dollars in revenue. However, his bad practices, involvement in politics, and belief in conspiracy theories in the 2020 elections caused massive losses to his company and his net worth. As of 2025, it is said that Mike Lindell and My Pillow are trying to make a comeback.

Undoubtedly, Mike Lindell’s life has been quite a rollercoaster. Similarly, Hollywood’s famous comedian Dave Chappelle has also seen his fair share of troubles. You can also spend some time reading about 65+ famous journalists and news anchors who made a big bank in 2025.

Frequently Asked Questions

Q: Is Mike Lindell Going Bankrupt?

A: No, Mike Lindell is not going to file for bankruptcy. He mentioned in a video that he has been a victim of cancel culture and will file this through.

Q: Is My Pillow Still in Business?

A: Yes, My Pillow is still running and in operation. Despite several setbacks and challenges, Mike Lindell took various loans to keep his business in business.

Q:Is Mike Lindell Still Married?

A: Currently, Mike Lindell is not married. However, some rumors are that he is in a relationship with Kendra Lee Reeves. His first two marriages resulted in divorce.

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