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MyPillow CEO Mike Lindell Faces Financial Crisis, $70M Debt

4/17/2025

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Summary

Story summary

MyPillow CEO Mike Lindell is grappling with severe financial woes, claiming he can't pay over $50,000 in sanctions to Smartmatic while drowning in $70 million of debt. In a recent court hearing, he revealed he survives on just $1,000 a week and has had to lay off staff. The judge is now demanding financial records to assess Lindell's situation before making a decision on Smartmatic's contempt motion.

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Story summary

MyPillow CEO Mike Lindell is grappling with severe financial woes, claiming he can't pay over $50,000 in sanctions to Smartmatic while drowning in $70 million of debt. In a recent court hearing, he revealed he survives on just $1,000 a week and has had to lay off staff. The judge is now demanding financial records to assess Lindell's situation before making a decision on Smartmatic's contempt motion.