The American businessman James Franklin McIngvale, or “Mattress Mack,” goes by a number of nicknames. He is well-known as the proprietor of the Gallery Furniture store group. The media has paid a lot of attention to him since he made $75 million. If you’re interested in learning more about his wealth, read on.
Beginning of Life and Early Days
Mack Mattress was born on 1 February 1951 in Mississippi, USA. His parents were of white ethnicity. He graduated from Dallas’ Bishop Lynch High School and went on to play football for what is now the University of North Texas, which was once North Texas State University. Football was his lifelong passion, and he even joined the collegiate squad after high school.
Jim McIngvale’s Net Worth
American businessman Jim McIngvale, aka Mattress Mack, has a $300 million fortune. He is well-known as the CEO of Gallery Furniture, a chain headquartered in Houston.
In addition to his mattress business, Mattress Mack is infamous for placing massive wagers on sporting events, most notably those involving the Houston Astros. If the Astros come out on top, he’ll offer customers a refund on their mattress purchase at one of his businesses. To offset the expense of the advertisement, he places significant bets on the Astros’ success.
If the Astros win the 2022 World Series, Mattress Mack will take home a whopping $75 million.
On Saturday at Minute Maid Park, the Houston Astros defeated the Philadelphia Phillies 4-1 to win the World Series, making Houston owner Jim “Mattress Mack” McIngvale a very wealthy man.
The mattress and furniture dealer from Houston, who wagered $75 million on the Astros to win the World Series, is now the greatest winner in the history of sports gambling.
Mattress Mack wagered a total of $10 million at various bookies on the Houston Astros to triumph in the Fall Classic. Based on information from Action Network’s Darren Rovell, he wagered $3 million at Caesars, $1 million at WynnBet, $2 million at BetMGM, $2 million at Barstool, $1 million at Unibet, and $1 million at Betfred.
Mattress Mack threw out the first pitch before Game 6 and won $75 million; he certainly had an eventful Saturday night.
Properties and Assets
Initially, Mattress Mack had a $595,000 home in Houston. He recently purchased a multimillion-dollar property in Lake House, complete with a gourmet kitchen, Swarovski crystal chandeliers, a gym, and a private suite.
Jim permitted his businesses to be utilized as evacuation centers for those fleeing the devastation wrought by Hurricane Harvey in August of 2017.
His generosity continued in 2019 when most of Houston was flooded by Tropical Storm Imelda, and he once again opened up Gallery Furniture stores to be used as shelters and as sites for free meal services.
Jim once again opened his stores in Texas and Louisiana in 2021 to serve as shelters, food distribution centers, and other emergency services during the Texas Power Crisis and Hurricane Ida.
James Franklin McIngvale also known as “Mattress Mack”, is an American businessman. He is known for owning and operating the Gallery Furniture retail chain. He has a net worth of $300 million. Mattress Wins Record-Breaking $75M After Astros Win 2022 World Series.