Mcingvale is an American businessman who is best known for owning and running the retail chain known as Gallery Furniture. The Jim Mcingvale net worth is estimated to be $300 million as of 2022.
|Full Name||James Franklin McIngvale|
|Birth Date / Age||February 11, 1951 / 70 Years Old|
|Birth Place||Starkville, Mississippi, USA|
|Source of Wealth||Retail Business|
|Relationship Status||Married To Linda Mcingvale|
|Height||5 ft. 8 in. / 174 cm.|
|Net Worth||$300 Million|
James Franklin Mcingvale was born in February of 1951 in Starkville, Mississippi to parents George and Angela. He has five siblings, two brothers by the names of George and Ralph and three sisters named Mary, Julia, and Angela.
Interestingly, he and his brother George were very close before his unfortunate death in 2008. In fact, they lived together for many years. George was a very accomplished football player, he started at center on the 1969 Texas Longhorns NCAA championship team.
Jim was also a successful athlete in his own right growing up. After completing his studies at Bishop Lynch High School in Dallas, Mcingvale went on to play football at the University of North Texas, in Denton.
It’s not known what degree Mcingvale received from North Texas. However, we are aware that he got a job at a convenience store and then at a furniture store following college.
Jim Mcingvale Net Worth
The man many know as Mattress Mack started his empire after purchasing an abandoned model home park in a lot overgrown with weeds off of I-45 in the Lone Star State. That was the beginning of Gallery Furniture.
The store did well early on thanks to the influx of people moving into the area during the oil boom. However, sales dipped during the oil bust, which forced Jim to get more creative.
Around this time, he invested his last $10,000 in a television commercial. His ad-libbed sales pitch on the ad was a smashing success, elevating sales immediately.
Reports indicate that Gallery Furniture has earned an estimated $200 million in revenue per year in the past. As of this point, the privately-owned business is one of the most successful furniture retailers in the United States.
In 1992, Mcingvale and his wife executively produced the Chuck Norris starring film titled Sidekicks. The movie grossed a little over $17 million in the U.S. and in return, Norris appeared in some Gallery Furniture commercials.
A decade later, the businessman mogul co-authored the book Always Think Big with Thomas Duening and John Ivancevich. The work chronicled Mcingvale’s entrepreneurial career.
While Mattress Mack doesn’t have the largest fanbase on social media, he does possess roughly 9,000 followers on his personal Instagram account. Undoubtedly, he is more active on Twitter, where he has 81,300 followers.
A diehard fan of the Houston sports teams, Mcingvale has made headlines in the past for his outrageous wagers. In actuality, he has not been all that successful with his sports bets.
Over the past handful of years, he has lost several million dollars betting against the Kansas City Chiefs. However, he did drop $3.4 million on the Tampa Bay Buccaneers to cover the (+3.5) spread against the Chiefs in Super Bowl LV. The Bucs stomped the Chiefs 31-9, making Mack a winner.
Before getting into the furniture business, Mcingvale tied the knot with his beloved wife Linda. The couple has three biological children together by the names of James, Laura, and Elizabeth. They also adopted a daughter named Regina.
By this point, they have six grandkids named James, Eden, Caleb, Olivia, Brody, and Sydney. Notably, Linda runs the Club Westside fitness facility in Texas.
Mcingvale has done a lot of philanthropic work throughout the years as well. During local hurricanes and tropical storms, he aided the community by providing free meals and shelter to those affected by the crisis.
Jim Mcingvale Net Worth
The Jim Mcingvale net worth figure of $300 million has been amassed from his furniture empire that he has created with Gallery Furniture. Netting a profit of $200 million in some years has substantially helped his net worth. Moreover, his other endeavors have elevated the number as well.
Ola Runt Net Worth: Height, Age, Wiki, Real Name & Career
Ola Runt is an emerging American rapper from Atlanta. He is best known for his hit single “Feel Like Guwop”...
Murda Mook Net Worth: How Rich is the Rapper Actually in 2022?
John Ancrum popular as Murda Mook is a renowned American rapper. He is considered one of the best battle rappers...
Dax Net Worth (Rapper): Height, Age, Bio, Real Name & Career
Daniel Nwosu Jr. known by his rap name as Dax is a Canadian rapper from Ottawa. He is known for...
Chase B Net Worth (Rapper): Height, Age, Wiki & Real Name
Chase B is an American DJ, music producer, and rapper. Chase claimed to prominence after he started working as a...
- Haralabos Voulgaris Net Worth: How Rich is the Gambler Actually?
- Tom Vitale Net Worth: How Rich is Valerie Bertinelli’s Ex?
- Michael Armand Hammer Net Worth: How Rich was Armie’s Father?
- Valerie Bertinelli Net Worth: How Rich Is the Actress in 2022?
- Kai Cenat Net Worth: How Rich is the Streamer Actually?
- Chase Chrisley Net Worth: How Rich is the TV Star Actually?
- Greg Grippo Net Worth: How Rich is ‘The Bachelorette’ Star?
- Sinbad Net Worth 2022: How Rich is the Comedian Actually?
- Savannah Chrisley Net Worth: How Rich is the TV Star Actually?
- Grayson Chrisley Net Worth: How Rich is Todd Chrisley’s Son?