If you’ve ever shopped for a mattress, you’ve likely heard of Mattress Mack. He’s the owner of Gallery Furniture, a chain of furniture stores in Houston, Texas. He’s also known for his philanthropy, and for his appearances in television commercials and infomercials.
So, how much is Houston Mattress Mack worth?
As of 2022, Houston Mattress Mack’s net worth is estimated to be $300 million. The majority of his wealth comes from his ownership of Gallery Furniture, a chain of furniture stores in Houston, Texas. He’s also the owner of the Houston Astros baseball team.
James Franklin Mclngvale started his ‘Gallery Furniture’ store with $5000 cash in Houston. Before this entrepreneurship, Mack worked at a stationery store. But, his boss sacked him from work.
How much does Mattress Mack make a year?
It’s no secret that Jim “Mattress Mack” McIngvale is one of the most successful furniture store owners in the country. But how much does he make in a year?
According to Forbes, McIngvale’s net worth is an estimated $300 million. That means he makes an estimated $13 million a year.
Of course, Mattress Mack’s salary isn’t all profit. He has to pay his employees, his rent, and other business expenses. But after all those expenses are paid, he’s still left with a pretty penny.
How does Mattress Mack make so much money? A big part of it is because he owns several different furniture stores. He has locations in Houston, Dallas, and Atlanta. Each store brings in a pretty penny.
In addition to his furniture stores, McIngvale also owns a few other businesses. He has an online mattress company, a real estate company, and a few other investments. All of these businesses help him bring in even more money.
Mattress Mack is a smart businessman and he’s good at what he does. He’s built up a successful empire and he’s reaping the rewards. If you’re ever in the market for a new mattress, be sure to check out one of Mattress Mack’s stores.
You might just walk out with a new mattress and a lot more money in your bank account.
Is Mattress Mack a Billionaire?
In 2018, Mattress Mack, the owner of Gallery Furniture in Houston, Texas, made headlines when he offered to pay for the funerals of the victims of the Santa Fe High School shooting.
Mack is known for his generosity, and has even been given the nickname “Mattress Mack the Generous.” But is he a billionaire?
Mack’s net worth is estimated to be around $300 million, which puts him far from billionaire status. However, Mack is still one of the richest people in Texas.
His success is due in part to his savvy business practices, but also to his charitable nature. Mack has donated millions of dollars to various causes, including Hurricane Harvey relief efforts.
While Mack may not be a billionaire, his generosity is undeniable. He is an example of how one person can make a difference in the lives of others.
store annually earns $30 million. Mattress Mack’s real name is James Franklin Mclngvale.
James Franklin Mclngvale started his ‘Gallery Furniture’ store with $5000 cash in Houston. Before this entrepreneurship, Mack worked at a stationery store. But, his boss sacked him from work.
How is Mattress Mack so Rich?
Over 90% of Mattress Mack’s worth came through Gallery Furniture. This furniture store currently owns $30 million in annual revenue.
Besides, Mattress Mack invested in the Super Bowl. He won $3.46 million on Super Bowl bet though he has experienced a lot of losses.
- Gallery Furniture
- Super Bowl Bet
Earning From Gallery Furniture
Mattress Mack is the owner of Houston’s largest furniture store—Gallery Furniture. He founded it in 1981 with only $5000 cash and a pickup. This company currently has 210 employees.
Talking about Gallery Furniture is a retail company that has $30 million in annual revenue. Its headquarters is located in Houston, Texas. This private organization has 210 employees.
How much money did Mattress Mack make in the Super Bowl?
Mattress Mack has lost many super bowl bets. But, he loves to take risks. In 2019, he bet $10.9 million on the Astros. It went in vain. Again, he bet $3.3 million and won $7.7 million.
As the Astros lost to the Washington Nationals in Game 7, Mattress Mack lost $18.9 million in total. Nonetheless, he has made quite well through Super Bowl bets.
Mattress Mack: At a Glance
| Birth Name | James Franklin Mclngvale |
| Gender | Male |
| Date of Birth | 11 February 1951 |
| Birth Place | Starkville, Mississippi, United States |
| Height | 1.74m |
| Weight | 62 kg |
| Spouse | Linda McIngvale |
| Children | 3; Elizabeth McIngvale, Laura McIngvale, James McIngvale |
| Profession | Businessman |
| Nationality | American |
| Net Worth | $300 million |
Early Life
James Franklin McIngvale was born in Starkville, Mississippi, on 11 February 1951. His parents are George Mclngvale and Angela Mclngvale. He grew up in this Mississippi state.
Talking about education, Mattress Mack graduated from Bishop Lynch High School in Dallas. Later, he took higher education at the University of North Texas. Here, Mack played football. Since his childhood, Mattress Mack has been fond of football which made him interested in super bowl bets.
Career
Before starting an entrepreneurship career, Mattress Mack worked in a Stationary Store. Later, he shifted to a furniture store in the town. While working in the furniture store, Mack gathered business ideas and trades in the industry.
After getting business ideas, Mattress Mack launched his Gallery Furniture store with a pickup and $5000 cash. His brother aided him in choosing the store location.
Behind Gallery Furniture’s success, Mattress Mack’s hard work and unbroken commitment should be highlighted. In 2009, he opened a branch to expand their ventures for their store.
Gallery Furniture is now the largest retail store in Houston having annual revenue of $30 million. This furniture store is operated by 210 employees.
Mattress Mack has grossed quite well through super bowl bets. Initially, he lost many super bowl bets but he never gave up his hope.
Mack was very polite in the policy of his business. He has won prestigious civilian awards. Receiving 5,115 daily points, Mattress Mack won the Points of Lights Award from President George H.W. Bush.
Where Is Mattress Mack House Located?
Gallery Furniture owner Mattress Mack’s house is located on Pine Lake Trail in Houston. Mack and his wife, Linda Mclngvale, are living in this house with their three children.
Does Mattress Mack Have a Son?
Yes, Mattress Mack has a son named James Mclngvale. Mattress Mack and Linda Mclngvale married in 1981. They have a son and two daughters.
Who Owns Club Westside?
Linda Mclngvale is the operating member of her husband’s Gallery Furniture. Besides, she is the owner of the health and fitness club—Club Westside, which is located in Houston, Texas.
