Mattress Mack Net Worth: The Unbelievable Fortune He’s Accumulated From His Furniture Empire!
Mattress Mack is an American businessman who owns the Gallery Furniture Retail Chain. He has made movies like Sidekicks and has also been in many commercials.
He also wrote Always Think Big with two other people. He is also a strong supporter of the Tea Party movement.
Mack Mattress was born in Mississippi on February 1, 1951. He is also known as Jim McIngvale. His parents came from a white background. He went to Bishop Lynch High School in Dallas for high school. After that, he went to North Texas State University, which is now called the University of North Texas, where he played football. His favourite thing to do as a kid was play football, and in college, he was on the football team.
Mack Mattress wanted to start a business empire, so he went on to start the Gallery Furniture Retail Chain. He is known for his lively sales pitches and his own style of selling. He has also made movies like Sidekicks and has been in a number of commercials.
He also wrote Always Think Big with two other people. After giving donations and food to hurricane Ida victims, he has also done some good work for charity.
What is Mattress Mack's Net Worth?
According to Celebritynetworth, Mattress Mack has an estimated net worth of $300 million (as of this writing).
Gallery Furniture is now one of the country's most successful independent furniture stores. At different times, its stores have had the most sales per square foot of any store in the US. Reports from 2005 say that the company makes $200 million in revenue every year. In 2015, a new report said that annual sales were around $150 million.
Mattress Mack's first home was a $595k house in Houston. He owns a mansion in Lake House that is worth a few million dollars and has a gourmet kitchen, Swarovski crystal chandeliers, a private room, and a weight room.
McIngvale is a big sports gambler now, and he often puts down a lot of money on the outcome of games and series. Some of his best bets over the years have been on the Super Bowl and the World Series.
In January 2022, McIngvale put $1.2 million on the number-one Alabama Crimson Tide to win the national football championship against the number-three Georgia Bulldogs. Caesars Sportsbook was the place where he put his bet.
Mattress Mack lost $2.7 million when Alabama lost to Georgia in the championship game.
McIngvale has also bet that the Houston Astros will win the 2021 World Series. This is a notable bet. When the Braves won the series, he lost the bet. In January 2022, he bet that the New England Patriots would win the Super Bowl. However, the Patriots didn't make it to the championship game, so McIngvale lost another bet.
Mattress Mack's $1.9 Million Astros World Series Bet
McIngvale put $1.9 million on the Astros to win the World Series again. At odds of +600, he would win $11.4 million, for a total payout of $13.3 million.
McIngvale said in the video, “They won last year, and this is the best time for the Houston Astros to play baseball.” “And if they win the world championship this year, it will make the dynasty even stronger.”
Before last season, McIngvale bet $3 million at +1000 odds that the Astros would win the World Series. He continued to bet on the team during the regular season and playoffs.
Last year, Caesars sent him a check for $30 million after he won his first $3 million bet. This is the largest payout on a single bet in the history of legal betting in the United States.
Last year, though, he gave back a lot of the $75 million he made from the Astros.
During last year's baseball season, McIngvale told his customers that if the Astros won the World Series, they could get their money back on mattress sets that cost more than $3,000.
After Houston did it, McIngvale said that he used almost all of the $75 million to pay for the costs of the promotion.