Mike Lindell Slams Claims That He's a Billionaire

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Mike Lindell has denied claims that he is a billionaire.

Speaking during a broadcast of his show, the Lindell Report, hosted by conservative broadcast and video network FrankSpeech, the MyPillow CEO and Donald Trump ally responded to a website article that made a series of claims about his property portfolio and finances, saying they were all false.

Lindell has recently said he doesn't have "any more money" and asked supporters for donations. He has racked up heavy legal costs since being hit by defamation cases from voting-machine manufacturers Dominion Voting Systems and Smartmatic and by Eric Coomer, a former Dominion employee, for claiming the 2020 election was stolen from Trump. Claims of electoral fraud have been repeatedly rejected in court and by independent election experts.

The manufacturers have argued their reputations were significantly damaged by Lindell's claims about the election. Dominion is seeking $1.3 billion from him.

Mike Lindell
Mike Lindell outside the club house at the Trump National Golf Club hours ahead of a speech by Donald Trump on June 13, 2023, in Bedminster, New Jersey. He denied he's a billionaire. Photo by Chip Somodevilla/Getty Images

A Gadget Freeks article claimed the businessman has a net worth of $2 billion, owning several real estate properties across the U.S., including "luxury mansions," and "luxury cars."

Newsweek has contacted Gadget Freeks to comment on these claims.

Responding, Lindell said the article was motivated to get people to stop donating to him and that the claims were "disgusting."

He said: "For the last four months they've been saying 'Mike Lindell's broke, Mike's out of money, MyPillow's going under' all these things."

He claimed people have made those statements to "cancel" him, but said the strategy hasn't worked, leading the unspecified "them" to decide to "make people upset and tell people that he's a billionaire."

"It's just disgusting what they've done," he said. "I've been very transparent about when I ran out of money."

Speaking specifically about the real estate claims made in the article, he said: "I have a house that I live in and a few acres of hunting ground, that's it, and a pick up truck."

As for the claim about luxury cars, he said: "This is probably the biggest lie I've ever seen, I've never, ever bought a new car."

Lindell recently told Newsweek he hadn't been able to pay his legal team for the past couple of months. However, he also said MyPillow isn't going out of business.

During the livestream, Lindell repeatedly renewed his request for donations from his supporters.

He also denied the Gadget Freeks claim that he is 6 feet 2 inches tall, disclosing his actual height is 6 feet.

Newsweek has contacted MyPillow for comment by email.

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About the writer

Kate Plummer is a Newsweek reporter based in London, U.K. Her focus is on U.S. politics and national affairs, and she is particularly interested in the impact of social policy decisions on people as well as the finances of political campaigns, corruption, foreign policy, democratic processes and more. Prior to joining Newsweek, she covered U.K. politics extensively. Kate joined Newsweek in 2023 from The Independent and has also been published in multiple publications including The Times and the Daily Mail. She has a B.A. in History from the University of Oxford and an M.A. in Magazine Journalism from City, University of London.

Languages: English.

You can get in touch with Kate by emailing k.plummer@newsweek.com, or by following her on X at @kateeplummer.


Kate Plummer is a Newsweek reporter based in London, U.K. Her focus is on U.S. politics and national affairs, and ... Read more