Mattress Mack is a popular American businessman. In this article we will be discussing mattress Mack net worth but before that, let’s talk about his personal life and the various businesses he does. He’s the owner of the Gallery furniture retail chain, also, he has produced movies like sidekicks.
His actual name is Jim “mattress mack” McIngvale. He was born in Mississippi, he hails from Houston, Texas.
He’s generally known for owning and selling furniture and placing enormous, millions of dollars’ worth of bets on sporting events.
Mattress Mack Early life
Mattress Mack was born 11th february, 1951, He was born in Starkville, mississippi.His father was George critz Mclngvale, and his mother, Angela McIngvale.
- Advertisement -
James Franklin McIngvale, when little was brought up by his family in Mississippi. He relocated to Texas and attended a university there after finishing high school and continued to pursue his education.
He met and fell in love with his wife there, and they got married. James is able to enjoy his retirement and spend quality time with his four kids and six grandchildren.
James was always on the leading edge in terms of both intelligence and behavior. Although he played high school football, business has always been the focus of his career.
After graduating from bishop lynch high school in dallas he attended north texas state university, now known as the university of north texas, where he played football which was his favorite sport when he was younger.
He played football for the University of North Texas and while he was a student in 1969, 1970, 1972, and 1973, respectively. he graduated graduating from college, Mack got a job at a store where his manager once did him a favor by firing him.
Mattress Mack Career
One of the most prosperous independent furniture retail chains today is Gallery Furniture. Sales at its stores have been ranked among the highest in the country.
Mattress Mack is an outstanding American businessman with a lengthy and distinguished career, Mattress Mack has garnered global praise.
Mack has long been recognized for his exceptional business sense and his motto, “Saves you money!” His achievement has been considerably influenced by it.
McIngvale ran into financial problems and decided to put all of his remaining funds, or roughly $10,000, inside a television commercial that would air on two Houston stations.
He became impatient as he watched the advertisement being made and improvised a marketing approach, speaking quickly due to the short time allotted. The commercial proved quite effective, and his earnings soared considerably afterward.
Jim and his wife Linda served as executive producers of the action-comedy movie Sidekicks, in 1992. In exchange, Norris appeared in several television commercials for Jim and Linda’s gallery furniture business, Gallery Furniture.
McIngvale co-authored the 2002 book Always Think Big, which details the highs and lows of McIngvale’s business career.
McIngvale bet $4.5 million on the Cincinnati Bengals to win Super Bowl LVI on February 3, 2022. It has formally broken the record for the biggest mobile wager in the history of sports betting.
He has attracted a lot of attention because of such large stakes. They both described his willingness to take risks when gambling and emphasized mattress Mack net worth, which results from his success at Gallery Furniture
Along with sports and his business career, Mack is also involved in politics. He was a steadfast Congress party supporter before becoming an elected official. Mack has held important political positions in the past.
Mattress Mack Net Worth
Mattress Mack is extremely wealthy. Mack’s current net worth is $310 million. He owns Gallery Furniture, and it is one of the biggest businesses in America. He is a successful businessman.
one of the top furniture manufacturers in America belongs to him. Although it was founded in Texas, the business has grown significantly over the past years.
Mattress Mack Income
McIngvale has several sources of income, he also place bets on sport events some of which he has won and lost too
Jim is well-known for being an avid Astros supporter who doesn’t mind taking chances when it comes to sports betting.
When the Seattle Seahawks won the Super Bowl in 2014, the business offered a deal where customers could get a refund on any purchase over $6,000. Following the Seahawks’ victory, Mattress Mack was forced to refund customers for furniture in excess of $7 million.
Jim launched a campaign that offered a return worth up to $3,000 on the sales price of every mattress set that had been purchased within that period of time beginning in January 2019. It came out that the liability for the company was $20 million.
Top 5 quotes from Mattress Mack
Below are some quotes of the famous businessman
“We believe that we all have responsibility for the wel-lbeing of the community and when times get tough we try to open our doors and let Houstonians come in and regroup”.
“We have lots of beds, we have lots of food, lots of water and you can even bring your pets”.
“We encourage all Houstonians in need of shelter to go the George R. Brown Convention Center, god Bless you, God Bless your family, and God Bless Texas”
“We’ve been through tougher fights than this. We’ll get through this”.
“It’s our obligation to take care of the last, least, and lost in our society.”
Mattress Mack Awards
Some of the awards received Mattress Mack
In 2013, Bush acknowledged Mattress Mack by presenting to him The Points of Light Award for volunteering and his charitable donations.
The award of National Legion of Honor on the Four Chaplans Day celebration have been presented to mattress mack and two others.
The national legion of honor awarded their People at the occasion for their community involvement and giving spirit.
Charles Miles and Allan Perking who served in the military for the United States, as well as Mcingvale, were also recognized by the national legion of honor award.
In 2016, McIngvale, the creator of Houston’s renowned Gallery Furniture, received the Spirit of Christmas Legacy Award from the Lone Star Santas for his commitment and charitable efforts in the local and international communities..
The Mosbacher Institute for Trade, Economics, & Public Policy presented Jim “Mattress Mack” McIngvale with the McLane Leadership in Business Award in September 2018.
In 2021, McIngvale was honored by Furniture Today by being named the seventh recipient of the Lifetime Bedding Achievement Award. McIngvale has worked in the mattress industry for 40 years. He joins previous winners.
At the Annenberg Presidential Conference Center in 2018, the Bush School of Government and Public Service at Texas A&M University presented Mattress Mack with the McLane Leadership in Business Award.
Mattress Mack Assets
Mattress Mack is a successful businessman from the United States who is famous for his wealth. Mack owns several more items in addition to a sizable residence in Houston. He owns a number of properties, including those in Starkville,Los Angeles and Dallas
Mattress Mack is one of the richest men in the US. He has accomplished a number of noteworthy feats and is a prosperous businessman. Mack is a car nut who has accumulated a sizable collection. He has a large collection of expensive automobiles, including Rolls Royces and Bentleys.
Lessons you can learn from Mattress Mack
“The community has helped us build this business from $5,000 in 1981,” he recalls. “And much is expected from us. We’ll continue to be there for them because by helping people, we help ourselves”.
According to Mack, entrepreneurs should never forget the people who made their success possible. 40 years ago, Mack and his wife Linda founded Gallery Furniture. They only had a vision, a small amount of money and a truck.
Mattress was asked why he extended his help to the community, and he replied “to those whom much is given, much is expected” served as inspiration for the quote. “It’s our obligation to take care of the last, least, and lost in our society”.
- Don’t give up, Setbacks are bound to happen in business
What doesn’t destroy me only serves to make me stronger.”
Adversity is life’s greatest teacher. Welcome adversity, don’t run from it”. Accordingly to Mack.
Every retailer’s supply chain was affected, including Gallery Furniture, as the country remained under lockdown on March 15 to stop the coronavirus’s spread. Mack had to decide whether to postpone deliveries or find a method to appease customers.
He decided to experiment. Mack gloats, “We found a way to do it”.
“Life’s greatest lesson is adversity. Do not flee from misfortune; rather, embrace it.
- Mack says that “work is life’s greater therapy”
“Capitalism works, but it has an obligation to give back and make the community a better place”.
Mack encourages others to acquire the abilities they require to feel the satisfaction of success.
It was this mentality that gave him the idea to start a free trade school for residents of the area. He says, “Our purpose is to make the community better”.
Mattress Mack Net worth as at today is $310 million, he has made a name for himself and is famous for his Gallery Furniture retail chain business.
He also spends his money on betting, since he has been a soccer lover since childhood.
This article contains important information about him, as well as some lessons we can learn from his success story.