Mike Lindell says he had to borrow $10 million last year to keep MyPillow afloat — and that he's running out of cash, too
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.""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.""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
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mike Lindell Gave MyPillow Promotional Deal to QAnon Shows: ReportPodcasts and web shows about the QAnon conspiracy theory are selling MyPillow products under a sweetheart deal with the company's election-denying founder Mike Lindell, Media Matters reports.
Read more »
Mike Lindell Backtracks on Claims MyPillow Is Going BrokeThe pillow trader said business was great, despite his earlier comments to Steve Bannon that his company was going down the drain.
Read more »
MyPillow CEO Says Company Is Going Broke Defending Election Fraud ClaimsMyPillow Founder and CEO Mike Lindell claims the company has had to borrow almost $10 million to keep the lights on
Read more »
Former Ohio State Receiver Michael Thomas Staying in New Orleans on One-Year, $10 Million DealFormer Ohio State wide receiver Michael Thomas will return to the New Orleans Saints in 2023 on a one-year, $10 million deal that could be worth up to $15 million.
Read more »
Childcare providers say province rushing rollout of $10 a day childcareThe change won\u0027t come into effect until April 1 but already childcare providers are feeling pressure to conform to the new program.
Read more »