Jim McIngvale

Jim McIngvale Net Worth

Jim McIngvale net worth: Jim McIngvale is an American businessman who has a net worth of $75 million. Jim McIngvale was born in Starkville, Mississippi in February 1951. He is best known as the owner and operator of the Gallery Furniture retail chain. He co-authored the book Always Think Big in 2002. He is known for his energetic sales pitches that end in the catch phrase "saves you money!". He started Gallery Furniture with $5,000 in 1981. After his business started to slow down he took his last $10,000 and invested it into local television commercials in 1983. The retail chain has been ranked in Furniture Today's Top 100 Furniture Retailers for many years and sells about $200 million a year. The company ran a promotion for Super Bowl XLVIII offering a refund on any purchase over $6,000 if the Seattle Seahawks won. When they did the company had to refund an estimated $7 million of furniture purchases. He offered a similar promotion in 2014 if the Houston Astros won 63 or more games during the regular season he would refund the first 500 customers who purchased furniture worth $6,300 or more. McIngvale started a new line of Mack-O-Pedic mattresses in 2014.