How much is Joy Mangano worth? $50 Million
How Joy Mangano earn her money and wealth?
Joy Mangano born on 1 Feb 1956 is an American entrepreneur, known for inventing household cleaning products like the Miracle Mop. She is a strong entrepreneur woman who struggled and did the hard work to achieve what she always wanted. As a single mother, she did everything to meet the ends and now she is the most influential businesswoman in America. She started inventing products when she was a teenager. But the major success came in 1990 when after being irritated by the normal mop, she discovered Miracle Mop made from a continuous loop of cotton that can be easily squeezed out without having to get the hands wet.
At first, she was able to sell 100 units but later the number increased to 1000 units. After selling the Miracle Mop on local stores, she decided to sell it on QVC. QVC asked Mangano to go on-screen to sell the Mop and it worked. Mangano was able to sell 18,000 Miracle Mop in just half an hour. She also founded her own company, Ingenious Designs, where she was the president and used to sell the household cleaning products. But later she sold the company to HSN (Home shopping network). Her company was selling $10 million worth of Miracle Mops per year. Other highest selling household products are Huggable Hangers, Forever Fragrant, Clothes It All Luggage System, Comfort & Joy Textiles and Shades Readers.
Mangano now appears on HSN, and is very successful with her products, with annual sales of more than $150 million. Mangano is also active on Television and has appeared on shows including Made in the USA and The View in 2007. Joy, released in 2015, where the role of Mangano was portrayed by Jennifer Lawrence, is based on her life. She was the executive producer for the film. The movie gained a lot of appreciation. She married Tony Miranne in 1978 but later separated in 1989. Joy Mangano is a single mother of three children, Christie, Robert, and Jacqueline Miranne. She struggled a lot during her initial days to meet ends and worked as a waitress and Airline Reservation Manager.
In 1997, Joy Mangano was named the Entrepreneur of the Year by Ernst and Young. She was ranked 77 on Fast’s list of the 100 Most Creative People in Business in 2009; In 2010 she was listed in the Top 10 Most Creative Women in Business.
Mangano has also made a partnership with several celebrities and sportsperson to bring their products on HSN. Celebrities include Serena Williams, Frank Sepe and Supermodel Iman.
What are the highest grossing movies about Joy Mangano?
- Joy (2015): $56,451,232
Read More: Best Movies of Jennifer Lawrence