Mattress Mack, born Jim Mclngvale, is an American businessman whose net worth is approximately $300 million. He is famous for owning and being the operator of Gallery Furniture, a Houston-based retail chain. His success story is one of a kind, and details of Mattress Mack's net worth highlight how he became rich and what influenced his business moves.
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Apart from building a business empire, Mattress Mack is famous for making large bets on sports games, especially in Houston. He is known for going all out with his bets by including promotions at his stores. While this might sound like a risky move, it is more of a business strategy that boosts his sales incredibly. So, what was the journey like for Mattress Mack's net worth to be attained?
Mattress Mack's profile summary
- Full name: James Franklin McIngvale
- Nickname: Mattress Mack
- Date of birth: 11th February 1951
- Age: 71 as of May 2022
- Zodiac sign: Aquarius
- Place of birth: Starkville, Mississippi, USA
- Nationality: American
- Residence: Houston, Texas
- Eye colour: Grey
- Hair colour: Grey
- Height in cm: 174 cm
- Height in inches: 5' 8"
- Occupation: Businessman
- Known for: Gallery Furniture
- Marital status: Married
- Spouse: Linda McIngvale
- Children: 4
- Net worth: $300 million
- Instagram: mattressmackofficial
- Facebook: Jim Mcingvale
- Twitter: @MattressMack
- Website: GalleryFurniture.com
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Mattress Mack's net worth
James is famous for his energetic, fast-paced sales pitches, typically ending with some variant of his catchphrase "saves you money! His business acumen and mind-blowing sales skills have earned him a title in the USA. He is famous for salvaging his business by investing his remaining money, approximately $10,000, in a TV commercial. The commercial was a great success, and it increased his sales dramatically.
Currently, Mattress Mack's net worth is approximately $300 million. Mattress Mack's biography highlights his life before he got into the business and how he became successful.
Mattress Mack's age
James Franklin Mclngvale, popularly known as Matthew Mack, was born on 11th February 1951 in Starkville, Mississippi. As of May 2022, he is seventy-one years old.
Mattress Mack's education
James went to Bishop Lynch High School in Dallas, a school that his father founded. He later transitioned to the North Texas University, currently the University of North Texas in Denton. He played football while in university.
Mattress Mack's spouse
What is Mattress Mack's wife's name? The tycoon's wife is Linda McIngvale. Besides her husband's success, Linda has a flourishing career as a producer. One of her notable works includes Good Morning America (1975).
Linda is also the founder of the Westside Tennis and Fitness Club. She established the organization to cater to people with mental health problems. She has three children, Laura, Elizabeth and James, who are grown up.
Linda has been supportive of her husband's career. In 1992, they worked as executive producers of Sidekicks, which starred Jonathan Brandis and Chuck Norris. In return, Chuck Norris did several advertising commercials for Gallery Furniture.
Mattress Mack's children
James and Linda have three children, Elizabeth, Laura and James McIngvale. Elizabeth is the most popular of Mattress Mack's children. She is a philanthropist and the founder of the Peace of Mind Foundation.
Laura McIngvale is the tycoon's second daughter. She is also into business and owns the Brick & Mortar Kitchen and the Vince Young Steakhouse. Laura's businesses are in Texas. She was a board member of the Peace of Mind Foundation.
James is the businessman's only son. He prefers to live away from the limelight, and not much is known about him.
How did Mattress Mack get rich?
James has accumulated his wealth from his business, Gallery Furniture retail chain. He capitalized on his marketing strategy, which increased his sales magically. He is also known for taking risks.
Mattress Mack is also an ardent sports gambler. He has been taking risks since sports wagering was made legal in Louisiana. Sometimes he wins a lot of money; sometimes, he loses a lot. Every time he places a bet, folks pay attention.
Mattress Mack's latest bet
Mattress Mack is attempting to make a historic amount of money off betting. In May 2022, he shocked the world when he placed a $3,000,000 bet on the Astros. He bet on the Houston Astros winning the World Series this year.
Mattress Mack's promotion
In line with his daring bet, Mattress Mack is running a promotion for his store. According to the advertisement, customers who make purchases above $3,000 or more in furniture will receive their money back if Houston wins it all.
Mattress Mack's contacts
Mattress Mack's stores have branches in Cleveland, Sawmill road and Westerville. You could reach out to the retail chain through any of these contacts:
- Phone: 614-793-1048
- Email: firstname.lastname@example.org
Is Mattress Mack a billionaire?
No, the tycoon is not a billionaire yet. His net worth is approximately $300 million.
How much money did Mattress Mack lose in the Kentucky Derby?
In May 2022, James lost a whopping $2.6 million on the Kentucky Derby. This came after an 80-1 shot win.
Did Mattress Mack win the Kentucky Derby bet?
Cumulatively, James lost $2.6 million in wagers even though he had won an estimated $12 million. He was already counting his winnings before the race ended.
These details about Mattress Mack's net worth highlight how daring the tycoon is. He is famous for taking risks, even when it comes to gambling. Even though he has lost severally, he believes losing is part of the game and does not stop him from taking risks.
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Source: Briefly News