Biography & Early Wealth Journey

We'd guess few people are happier than Mattress Mack, who just won $75 million.

Carmen Mandato/Getty Images

Earlier in the postseason, Jim "Mattress Mack" McIngvale made a series of bets on the Astros to win the World Series. Though Houston dropped two of the first three games in this series, they stormed back to win the final three. With perhaps the deepest bullpen in baseball, the Astros gave up only three runs total across those final three games, which included a four-pitcher no-hitter in Game 4. It's only the second time in World Series history we've seen a no-hitter.

Primary Income Streams & Multi-Million Contracts

Mattress Mack isn't getting off scot-free, though. He makes his bets as part of a promotion for his Gallery Furniture stores throughout the Houston area. If fans bought at least $3,000 worth of certain furniture or sleeper sets, they got their money back.

It's highly doubtful that Mattress Mack sold more than $75 million of furniture, so he's likely coming out well ahead on his bets. That probably still rings true even after factoring in the part of the promotion where he'll give people DOUBLE their money back if they purchased furniture during the ALCS.

McIngvale might use some of his winnings to continue his philanthropic efforts. He's donated millions of dollars to charities and nonprofits, and he aided and housed hundreds of displaced people during Hurricane Harvey in 2017. Back in 1983, he started a Christmastime furniture giveaway to families in need; he continues that giveaway to this day.

Something tells us this won't be Mattress Mack's last time betting on a sporting event. It probably won't even be his biggest victory when all is said and done. But for now, this has to be his sweetest victory yet, from throwing out the first pitch to celebrating with fans — and making a ton of money.

Trending Wealth Dossiers: