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Mike Lindell says he had to borrow $10 million last year to keep MyPillow afloat — and is running out of cash, too
Yahoo News via Business Insider ^ | 03/16/2023 | Cheryl Teh

Posted on 03/16/2023 7:40:22 PM PDT by SeekAndFind

* MyPillow CEO Mike Lindell told Insider he had to borrow $10 million in 2022 to keep MyPillow afloat.

* Lindell said he'd also sold a building for $2 million and borrowed a further $2 million for himself.

* Lindell says he's burning through $1 million dollars every month on causes related to voter fraud.

* Mike Lindell, the CEO of MyPillow, says he had to borrow $10 million in 2022 just to keep his pillow company afloat.

Speaking to Insider on Wednesday night, Lindell said that to keep MyPillow going, he borrowed "about 4 million in May, 2 million in the summer, and 4 million in September."

And on top of that, Lindell said he's personally been borrowing money to stay liquid, too.

"I sold a building I had in Savage, in Minnesota, in October," Lindell told Insider. "And I had to borrow 2 million too. I've spent it all on fighting for this country."

Lindell told Insider that some creature comforts — like his private jet, which had a door come off it in October — haven't been sold yet.

"I have to get around, you know," Lindell said.

Lindell declined to reveal who loaned him the money but told Insider that a majority of the borrowed cash had gone to defending MyPillow against the lawsuits filed against the company. One of the major ongoing lawsuits is a $1.3 billion defamation lawsuit from Dominion Voting Systems, which cites both MyPillow and its owner, Lindell, in the case.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: dominionvoting; donatefreerepublic; frvotefrauddeniers; justprayhardermike; libelhasconsequences; lindell; mikeisdonquixote; mikelindell; mypillow; mypillowtruth; mystoredotcom; qook; votefrauddeniers
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To: SeekAndFind
Lindell says he's burning through $1 million dollars every month on causes related to voter fraud.

Trump collected $250M donated in December 2020 alone to fight voter fraud, so Lindell should have had plenty of funding to help Trump, but, Trump has spent that money on other things like rallies. Giuliani never even got paid. So it appears Mike may end up completely broke, as he seems to care more about America than his own personal fortune.

21 posted on 03/16/2023 8:12:39 PM PDT by Golden Eagle (Florida is where WOKE goes to DIE!)
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To: SeekAndFind

For every $1 million he spends of his own money, the other side can spend $1 billion of our money.


22 posted on 03/16/2023 8:13:22 PM PDT by UnwashedPeasant (The pandemic we suffer from is not COVID. It is Marxist Democrat Leftism.)
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To: dadfly

Mike Lindell is definitely NOT in it for the money. He’s risking a lot to try to help the country. In a way, he reminds me of Donald Trump. Both men have good intentions. But they are both naive, and are getting bad advice. Or perhaps they are not even looking for good advice, and are just speaking off the cuff.

This is not a winning strategy.


23 posted on 03/16/2023 8:15:26 PM PDT by Leaning Right (The steal is real.)
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To: SeekAndFind

He should have focused on pillows instead of politics. Shoulda kept his mouth shut.

It is all his fault and deserves to go bankrupt.


24 posted on 03/16/2023 8:21:08 PM PDT by moviefan8 (You know, when you boil life down, it's funny just how little you need, isn't it? - Rip Wheeleri)
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To: Round Earther

He’s a good man and is doing this for all of us. To hell with Walmart. I’m going to buy some sheets and pillows again tonight.


25 posted on 03/16/2023 8:21:13 PM PDT by Dogbert41
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To: megaMAGA

Indeed.

God bless Mike Lindell.


26 posted on 03/16/2023 8:23:32 PM PDT by Jane Long (What we were told was a “conspiracy theory” in 2020 is now fact. 🙏🏻 Ps 33:12 )
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To: Vermont Lt

at least he stood up to try and help save country from the left.

what’s happened to him is the results of the left’s attacks on anyone that opposes them.


27 posted on 03/16/2023 8:30:05 PM PDT by sten (fighting tyranny never goes out of style)
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To: gibsonguy

That’s OK. I’ve stopped patronizing Walmart. What a foul company.


28 posted on 03/16/2023 8:35:07 PM PDT by EinNYC
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To: Vermont Lt

Its biblical to be involved with civil government. Too many good people not doing their part is how we got in the mess we are in.


29 posted on 03/16/2023 8:35:33 PM PDT by b4me (Repeated lies does Not equal TRUTH. )
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To: DIRTYSECRET

God willing,no. He is a good man.


30 posted on 03/16/2023 8:38:21 PM PDT by alstewartfan ("She looks like she's 19 years old, sitting there like a lady with her legs crossed." Creepy Joe)
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To: Leaning Right

well. thanks for that. even the jibes against Mike in this thread alone were getting depressing.

as far as your ‘winning strategy,’ i hear you, but there’s not much strategy available when you’re in a leaky row boat surrounded by stormy seas. the only strategy is to pray to God, ‘keep your faith’ up, and bail salt-water as fast as you’re able. certainly that’s what keeps Mike going, imo.


31 posted on 03/16/2023 8:38:39 PM PDT by dadfly
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To: SeekAndFind

Just purchased 4 My pillow 2.0


32 posted on 03/16/2023 8:39:23 PM PDT by inchworm (al )
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To: SeekAndFind

Lindell has saturated his market, there are only so many overpriced pillows you can put on a bed.I personally am sick an tired of his used car salesman delivery screaming at me every ten minutes.

I bought some of his products during his strong backing of Trump and was under impressed with the quality.I bought for the cause not the stuff...

We were 24/7 Fox network viewers through the 2020 elections but after their stands and change in direction, it is still looked out but MUCH less. Another significant reason for the decrease is the screaming Mike Lindell and the way overpriced Balance of Nature fruit and veggie pills offending my ears on almost every commercial break.


33 posted on 03/16/2023 8:44:24 PM PDT by CenTex (November 6, 2012 & August 31, 2021... Days that will live in infamy!!! )
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To: SeekAndFind

There is no doubt in my heart that he means well. Sometimes recovering addicts fall victim to grandiose thinking.


34 posted on 03/16/2023 8:47:38 PM PDT by GSWarrior
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To: SeekAndFind

I needed new pillows and sheets.

You bet I bought from Mr. Lindell.


35 posted on 03/16/2023 8:48:10 PM PDT by Don W (When blacks riot, neighborhoods and cities burn. When whites riot, nations and continents burn)
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To: Larry Lucido

I see what you did there.


36 posted on 03/16/2023 8:52:31 PM PDT by Dilbert San Diego
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To: SeekAndFind
"I've spent it all on fighting for this country."

You should never mix business and politics. Customers come from all over the political spectrum. If Mike wants to sell to all of them, he needs to drop the side show.

37 posted on 03/16/2023 8:54:37 PM PDT by rexthecat
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To: Leaning Right
I buy Mike Lindell’s pillows and bedding because they are good products. I think that Mike is a genuinely good person and I like him and will continue to support him. I tend to be concerned for him because he may be too trusting of the wrong people who get involved with raising campaign funds for their personal paychecks. I hope he has a good money manager who will say no when necessary. He probably gets tons of requests for money for various causes and it is hard to turn down most of them. God bless Mike and his family and keep them safe.
38 posted on 03/16/2023 8:58:02 PM PDT by mountainfolk
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To: DIRTYSECRET

Ugly.


39 posted on 03/16/2023 9:00:42 PM PDT by mountainfolk
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To: moviefan8

moviefan8 You reveal yourself.


40 posted on 03/16/2023 9:01:54 PM PDT by Glad2bnuts ("People who didn't take take the Jab have -0- regrets, those who did may be SADS.)
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