Jim McIngvale - Famous Business Executive

Jim McIngvale Net Worth

$300,000,000

Jim McIngvale, also known as Mattress Mack, has a net worth of $300 million. As the owner and operator of the Houston-based Gallery Furniture chain, he has gained fame for his philanthropy and making large bets on sports games like the Houston Astros, often involving promotions where customers can receive refunds for recently-purchased mattresses if the team wins, allowing him to hedge the cost of the promotion.

Key facts:

  • Jim McIngvale, also known as Mattress Mack, is the owner and operator of the Houston-based Gallery Furniture chain.
  • He is famous for making very large bets on sports games, particularly on the Houston Astros.
  • Mattress Mack's bets often involve promotions at his stores, where customers can receive their money back for recently-purchased mattresses if the Astros win.
  • He has allowed his stores to be used as shelters during natural disasters, such as Hurricane Harvey in 2017 and the Texas Power Crisis in 2021.
  • Jim has placed massive bets on the Houston Astros winning the World Series, refunding millions of dollars worth of customer purchases when the team succeeds.
  • In 2022, Mattress Mack placed a $4.5 million bet on the Cincinnati Bengals to win Super Bowl LVI, making it the largest mobile wager ever made at that time.

Basic Information About Jim McIngvale

CategoryBusiness β€Ί Executives
Net worth$300,000,000
Date of birth1951-02-11 (73 years old)
Place of birthStarkville
NationalityUnited States of America
GenderMale
Social Mediaβ†—οΈŽ Wikipedia

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Jim McIngvale's photos

References & Fact Checks βœ…

1/ Filename: galleryfurnituremainhoustontx-56a93391.jpg
  • Checked: βœ… Yes (2023-07-02 10:42:32)
  • Source URL: https://en.wikipedia.org/wiki/File:GalleryFurnitureMainHoustonTX.JPG
  • Original Source: Own work
  • Author: WhisperToMe
2/ Filename: galleryfurnitureuptown-LK31p0NO.jpg
  • Checked: βœ… Yes (2023-07-02 10:42:34)
  • Source URL: https://en.wikipedia.org/wiki/File:GalleryFurnitureUptown.JPG
  • Original Source: Own work
  • Author: WhisperToMe

Jim McIngvale Famous Network

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