Jim Mcingvale Net Worth (Updated 2025).

Jim McIngvale, better known as “Mattress Mack,” began his career in the most unconventional of ways. In 1981, he took a leap of faith and opened his first furniture store in Houston, Texas, with a mere $5,000 loan and a dream to provide quality mattresses at affordable prices. He named it “Gallery Furniture,” a stark contrast to the traditional furniture stores of the time, aiming to create a unique shopping experience for his customers.

Jim Mcingvale’s Current Net Worth (2025)

As of 2025, Jim Mcingvale, also known as “Mattress Mack,” has an estimated net worth of $500 million. This significant wealth is primarily attributed to his successful mattress retail business, Gallery Furniture.

Career

Jim Mcingvale, born in 1951, founded Gallery Furniture in 1981. He started with a single store in Houston, Texas, and expanded it into a mattress and furniture retail empire. Known for his innovative marketing strategies, such as offering refunds for customers who experience power outages during summer storms, Mcingvale has built a strong reputation and customer loyalty.

Other Ventures

In addition to Gallery Furniture, Mcingvale has ventured into other businesses. He owns the Space City Art Gallery, which showcases works by local artists. He also has a stake in the Houston Dynamo, a Major League Soccer team. Furthermore, he has invested in real estate, including a 25-acre property in Houston’s Galleria area, which houses his furniture stores and other businesses.

Assets

Mcingvale’s assets include his primary residence, a 20,000-square-foot mansion in Houston, valued at around $10 million. He also owns several luxury cars, including a Rolls-Royce and a Bentley. His business assets include the Gallery Furniture stores, the Space City Art Gallery, and his real estate investments.

Annual Income

Jim Mcingvale’s annual income primarily comes from Gallery Furniture. According to Forbes, his pre-tax income from the business was around $200 million in 2019. However, this figure can fluctuate significantly from year to year due to the nature of his business and marketing strategies.

Frequently Asked Questions about  Jim Mcingvale

Frequently Asked Questions: Jim McIngvale Net Worth

1. What is Jim McIngvale’s net worth?

Jim McIngvale’s net worth is estimated to be around $500 million.

2. How did Jim McIngvale make his money?

Jim McIngvale made his fortune through his mattress store chain, Mattress Firm, which he founded in 1986. He also owns several other businesses, including furniture stores and car dealerships.

3. What is Jim McIngvale’s background?

Jim McIngvale was born and raised in Houston, Texas. He graduated from the University of Texas at Austin with a degree in marketing.

4. When did Jim McIngvale start Mattress Firm?

Jim McIngvale started Mattress Firm in 1986 with a single store in Houston, Texas.

5. How many Mattress Firm stores are there?

As of 2021, there are over 2,500 Mattress Firm stores across the United States.

6. What other businesses does Jim McIngvale own?

In addition to Mattress Firm, Jim McIngvale owns several furniture stores, including Gallery Furniture, and car dealerships, such as the Jim McIngvale Auto Group.

7. What is Jim McIngvale’s philanthropic work?

Jim McIngvale is known for his philanthropic efforts, including donating furniture and mattresses to those in need, as well as supporting various charitable organizations in the Houston area.

8. What is Jim McIngvale’s involvement in sports?

Jim McIngvale is a passionate sports fan and has been involved with several sports teams, including the Houston Rockets and the Houston Texans.

9. What is Jim McIngvale’s political affiliation?

Jim McIngvale is a registered Republican.

10. What is Jim McIngvale’s age?

Jim McIngvale was born on August 11, 1951, making him 70 years old as of 2021.