Mattress Mack Net Worth and More about him: From a store worker to a Billionaire
Businessman Jim McIngvale, known as Mattress Mack to many Americans, has a 2023 net worth of $ 310 million. He is the founder and head honcho of Gallery Furniture Retail Chain. His business has made him rich; his name is a household word in Houston’s furniture trade. Although he has accomplished much, Mack remains humble and unassuming. He is known as a very charitable person who loves to help others in undesirable situations.
During the 2022 Texas Power Crisis, Mack thoughtfully opened his stores as shelters for those in need. He has also given away free meals and basic commodities during such affairs as Tropical Storm Imelda and Hurricane Harvey. In business circles, he has gained the reputation of a true gentleman because of his kindness and thoughtfulness.
Mattress Mack: Profile Summary
| Full Name | Jim McIngvale |
| Gender | Male |
| Occupation | Businessman, Philanthropist |
| Date of Birth | February 11, 1951 |
| Date of Death | N/A |
| Age | 72 |
| Known for | Gallery Furniture, outlandish promotions, sports betting, philanthropy |
| Years Worked | 53 years (since 1970) |
| Place of birth | Galena Park, Texas, USA |
| Nationality | American |
| Number of Movies | 2 (cameo appearances) |
| Parents | Edna Mae and William McIngvale |
| Spouse | Linda McIngvale |
| Children | Elizabeth, Katherine, James, and Robert |
| Siblings | 3 sisters |
Early Life and Biography
James Franklin McIngvale was born in Starkville, Mississippi (1951). Sports was in his blood from day one. George, his father, had been a great football player at Mississippi State University. The family moved to Dallas when McIngvale was still a boy, and he later went to the University of Texas before moving to finish up in football at the nearby Island. He says that he lucked out when he lost his job working in a convenience store. For most people, that termination would have been a devastating blow. But for McIngvale it was the best thing that had ever happened to him; he worked at one of Dallas’s main furniture stores and got himself up on speed with how things were done in this industry.
Age, Height, and Weight
McIngvale is 72 years old jolly figure who is 5’7″ tall and weighs around 175lbs.
What is Mattress Mack’s wife’s name?
Linda McIngvale is the strength and play the billionaire Mattress Mack since 1974. She has been one of her constant support through all of his ups and downs.
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Mattress Mack’s Children
McInglave and Linda have four children: Katherine, James, Elizabeth, and Robert. All of the children are involved in the family business in one role or another, ensuring the family business or the legacy of Mattress Mack continues for years.
Career and Awards of Mattress Mack
Mattress Mack net worth at that time was just $500 savings, with which he started his first Gallery Furniture outlet. The business grew slowly for several years. In 1983, some advertising for television brought the phrase that’s become his trademark–Gallery Furniture saves you money!–to “Mattress Mack.” Today, there are three of Gallery Furniture ‘huge furniture showrooms in the Houston area.
Gallery Furniture’s business is to provide customers with a unique experience. Salespeople won’t bother you, and you can look at things in peace. The North Freeway store location somehow manages to be termed “family-friendly” and boasts an indoor playground, exotic birds, and even a Capuchin monkey enclosure. It has free snacks and a full-service restaurant.
Built on a tapestry of outrageous marketing, business decisions, and boundless philanthropy, McIngvale’s career has turned Gallery Furniture into a powerhouse, with more than 1,000 employees and synonymous with Houston. Promotions such as giving away furniture which a local sports team wins have made his name legendary. It is this business that accounts for Mattress Mack net worth.
Business aside, McIngvale’s heart belongs to Houston. During Hurricane Harvey and the 2021 Texas freeze, he opened his stores as shelters. People praised him for his generosity. And he’s also famous for high-risk sports bets, always accompanied by community giveaways. In 2021, a $75 million bet he made on the World Series champions Astros led to huge donations to local charities.
McIngvale’s dedication has not gone unnoticed. He has received many awards, such as the Horatio Alger Award for Outstanding Americans and the Houston Chronicle’s Good Citizen Award.
Mattress Mack’s Philanthropy work
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James always says, “We all have a responsibility to the well-being of our community,” and he abides by his statement always.
In the wake of several natural disasters, Mattress Mack net worth has allowed him to open up its stores to serve as temporary shelters. As a result of the August 2017 flooding caused by Hurricane Harvey, up to 400 people each were taken into two stores for shelter.
That’s what Texas businessman McIngvale did when he opened the doors to his stores last February so that people in danger of freezing could come and escape.
Other non-profit organizations that Gallery Furniture supports include Teachers’ Lounge Makeovers, the USO (United Service Organization), which provides entertainment to members of America’s armed forces and their families; The Houston Rodeo; The Salvation Army and Houston’s Mobile Stroke Unit.
Mattress Mack’s net worth
Mattress Mack’s net worth in 2023 is estimated to be around $ 310 million. His riches derive from lucrative business enterprises, sports betting, and property investment.
Mattress Mack Assets
McIngvale’s assets include:
- Gallery Furniture: His empire’s crown jewel, with three Houston showrooms.
- Real Estate: He owns mansions in River Oaks and ranches in Montgomery County.
- Investments: He puts money into stocks, bonds, and private companies.
FAQs
Q: Is Mattress Mack a billionaire?
McIngvale does not have a billion-dollar fortune, but he’s still rich. He still keeps trying to support Houston and enjoy life, not padding another billion onto his bank account.
Q: How did Mattress Mack get his name?
In the early days of his business, he slept on mattresses in the store and customers labeled him Mattress Mack.
Is Mattress Mack a real person?
Indeed, Jim McIngvale is not only very much a real businessman in Houston Texas; he’s an active one.
How did Mattress Mack earn his money?
Apart from his savvy investments and sports betting, most of the wealth that McIngvale enjoys comes from Gallery Furniture.
Is Mattress Mack married?
Jim McIngvale has been blissfully married for over 50 years, to Linda.
