Born in Mississippi, Jim “Mattress Mack” McIngvale attended high school in Dallas, and he was a student at the University of Texas and the University of North Texas, where he played football for both schools in 1969-1970 and 1972-1973, respectively.
How is Mattress Mack so rich?
Mattress Mack is also known for making very large bets on sports games, particularly on the Houston Astros. Winning the bet would lead to a record-setting $35.6 million profit, roughly $22 million coming from the Caesars SportsBook in Las Vegas. He estimated the cost of covering his mattress promotion was $22 million.
Where does Mattress Mack get his money?
Mattress Mack bets what's known in the business as a crap-ton of money on the outcome of the events, using the sales from his mattress promotions as a hedge against potential losses, so whatever the outcome, Mack comes out a winner.27 Oct 2021
Who took Mattress Mack?
McIngvale told CNN that he bet $3.35 million back in June that the Astros would win it all. He said he made the wagers to cover another gamble of sorts -- customers who bought certain mattresses that cost $3,000 or more will get their money back if the Astros win.27 Oct 2021
What is Mattress Mack famous for?
James Franklin McIngvale (born ), also known as "Mattress Mack", is a businessman from Houston, Texas. He is known for owning and operating the Gallery Furniture retail chain.
How much money did Mattress Mack lose on the World Series?
Jim “Mattress Mack” McIngvale, a 68-year-old furniture mogul and philanthropist, told The Action Network he lost “more than $13 million” in bets after the Washington Nationals defeated the Houston Astros, 6-2, in Game 7 of the World Series. The wagers would've profited approximately $25 million, according to McIngvale.14 Dec 2021
Who is Mattress Mack married to?
Linda McIngvale
How old is Mattress Mack?
70 years
When did Mattress Mack start?
Young, Inspired Mattress Mack moved to Houston in 1981 with $5,000 and a dream.
What has Mattress Mack done for Houston?
Jim "Mattress Mack" McIngvale, the Houston furniture store owner known for his giant bets and promotional giveaways, has plunked down more than $3 million on the hometown Astros to win the World Series and says he's not finished yet.23 Jun 2021