Mike Lindell's MyPillow evicted from warehouse over $200K rent

MONEY & BUSINESS: Mike Lindell’s MyPillow evicted from warehouse over $200K rent



Mike Lindell’s company MyPillow was evicted from a Minnesota warehouse after failing to pay at least $200,000 in rent — the latest blow to a once-thriving venture that has seen its products pulled from shelves after the CEO appeared at a White House rally moments before the Jan. 6, 2021 Capitol riots.

A judge sided with the landlord, First Industrial, LP, which filed a lawsuit against the pillow maker claiming that the company defaulted on four months of rent in the last year.

As a result, MyPillow was ordered to vacate the facility in Shakopee, though Lindell told a local publication that the warehouse has been sitting empty since last fall.

MyPillow, founded by Mike Lindell, has been evicted from one of its warehouses in Minnesota for failing to pay rent. Zach D Roberts/NurPhoto/Shutterstock

MyPillow’s main manufacturing warehouse, where all of the company’s products are made, is about a mile away in the same town.

The empty warehouse was being used for retail equipment and much of it was auctioned off last year, according to the Minnesota Reformer.

Lindell, who built MyPillow from the ground up into a multi-million dollar company after recovering from an addiction to crack cocaine, is fending off at least two lawsuits from voting machine companies who have accused him of defaming them by offering up conspiracy theories about the 2020 election.

Lindell, who recently told the Associated Press that he is out of money and that his company has been “decimated,” told the publication that the company hasn’t needed the second warehouse since MyPillow was dropped by several retailers in recent years.

He told the Reformer that MyPillow subleased the space to a company that was going to use it to store sugar beets, but that the new tenant backed out at the last minute.

“We were just sick about it,” Lindell told the site.

Lindell said his company has been “decimated” by lawsuits brought against him over claims he made about the 2020 election. Education Images

Lindell has spent millions of dollars in an effort to prove that Donald Trump won the 2020 election and that the vote was rigged.

The fallout has resulted in his company losing hundreds of millions of dollars. According to Lindell, American Express reduced the company’s credit line from $1 million to $100,000.

As a result, Lindell “had to use debit cards” to get by, he said.

He previously said that MyPillow lost $100 million due to his election fraud claims.

Lindell has said that he has just $10,000 to his name.

The main assets he had remaining at the time were his home and his pickup truck, though he said he had no plans to file for bankruptcy.

Fox News, which had been one of his biggest advertising platforms, stopped running MyPillow commercials in January due to a payment dispute, which Lindell acknowledged.

Fox News and The Post share common ownership.

“We’re not able to pay — I can’t borrow money to pay these attorneys. MyPillow can’t pay because of what happened” with lost sales, Lindell said.

“I have $10,000 to my name.”

Lindell has spent hundreds of millions of dollars of his own money to prove that the 2020 election was fraudulent. AP

Then in late February, a federal judge said he had to pay $5 million to a software engineer over election fraud claims.

Last July, Lindell auctioned off industrial equipment — ranging from forklifts to office cubicles — and started subleasing some of its manufacturing space in Minnesota.

He claimed that the auction reflected a change to a direct-to-consumer approach after big box stores like Walmart and Bed, Bath & Beyond “canceled” MyPillow.

With Post Wires



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