Jim “Mattress Mack” McIngvale is a household name in the furniture industry. He is the founder and owner of Gallery Furniture, a chain of furniture stores based in Houston, Texas. He is also known for his philanthropic works, which have earned him several accolades. In this article, we will explore his inspiring story and net worth.
Background
Mattress Mack was born on February 11, 1951, in Starkville, Mississippi. He grew up in a small town where his parents owned a small grocery store. At a young age, he learned the value of hard work and customer service from his parents. He attended Bishop Byrne High School in Memphis, Tennessee, and later went to the University of Memphis.
Early Career
Mattress Mack’s first job was selling office furniture for a local company. He then started his own furniture store, which failed after a few years. However, he didn’t give up and opened Gallery Furniture in 1981, with a $5,000 loan. The store had humble beginnings, with only a few pieces of furniture on the showroom floor.
Success Story
Mattress Mack’s business grew over the years, and by the 1990s, he had become a household name in Houston. He gained nationwide attention for his unique marketing strategies, such as offering refunds to customers if the Houston Astros baseball team won or giving away free furniture during promotions. His commercials were also popular for his catchy jingle, “Gallery Furniture saves you money!”
Philanthropy
Mattress Mack is known for his philanthropy works. He has donated millions of dollars to several causes, including Hurricane Harvey relief efforts, Houston Children’s Charity, and the Houston Livestock Show and Rodeo. He has also hosted Thanksgiving dinners for the less fortunate and offered shelter for those displaced by natural disasters.
Net Worth
Mattress Mack net worth is estimated to be around $300 million. His success in the furniture industry and his philanthropic works have contributed to his wealth. His Gallery Furniture stores are still thriving, and he continues to be a popular figure in Houston.
Conclusion
Mattress Mack’s story is a testament to the value of hard work, perseverance, and customer service. Despite facing setbacks, he continued to push forward and built a successful business that has lasted for over four decades. His philanthropic works have also made a positive impact on the community. Mattress Mack’s inspiring journey is a reminder that with dedication and a strong work ethic, anyone can achieve success.
