Joy Mangano is a founder and businessman best known for her inventions such as self-wringing Miracle Mop and Huggable Hanger. Inspired by David O. Russell’s ‘Joy,’ Joy Mangano was born on February 1, 1956, in Brooklyn to Terri and Rudy Mangano, and grew up in Huntington, New York.
Mangano showed great creativity as a child and thought of a fluorescent collar that protects the safety of pets, but was disappointed when Mount Hartz introduced the same product to the market the following year. After graduating from school, Mango graduated from Pace University, New York, in Business Administration.
Upon graduation, Mangango married Tony Miranne in 1978, a fellow graduate of Pace University. They continued to have three children, Robert, Christie, and Jacqueline Miranne. However, after spending more than a decade together, the couple divorced in 1989.
Currently, Mango has never remarried. One of the most well-known commercial faces, Mango lovers have always wondered about his financial status, encouraging us to look at his work and his value.
How Does Joy Mangano Make money?
With three children raised as a single mother, Joy Mangano often worked as a waiter on weekends and in the evenings after her day’s work as an airline booking manager. During these years of financial struggles and motherhood, Mango came up with her first notable work, Miracle Mop independence. In 1990, to make his life easier, Mango invented the sharpening machine that could be used without waving his hand.
With the help of friends and family, Mangano produced the first thousand units, which led him to QVC, a major television buying company. Basically, she sold a thousand units to QVC and was allowed to put on live TV to sell his product.
Joy Mangano has sold 18,000 mops in 20 minutes, which marks the beginning of his success story. After the amazing success of Miracle Mops, Mangano started Ingenious Designs to make many products and started appearing on HSN, one of the leading home shopping networks. The partnership with HSN has grown over the years, and in 1999, HSN acquired the Corporate company.
Mangano continued with his company at HSN, which manufactures emerging products, including Huggable Hanger. As of 2018, HSN has sold 800 million Huggable Hangers, making it the best-selling HSN product.
The success initiated by Miracle Mop continued to grow exponentially with brands like Huggable Hanger among many other HSN, earning Mango millions of dollars. Prior to leaving HSN to pursue other technical opportunities in December 2018, Mango used to be the most successful network developer with annual sales of over $ 150 million.
With 26 products bearing the ‘Good Housekeeping’ brand, 71 patented families, and 126 different publishing books, Joy Mangano is the undeniable queen of home-television television sales, earning millions a year. Mangano is the main producer of the 2015 film ‘Joy’ by David O. Russell, which follows the life of Mangano himself.
In 2017, Mango published ‘Inventing Joy: Dare to Build a Brave & Creative Life’ with Alex Tresniowski, an account of his life and career.
Living now in a 42,000-square-foot, 42,000-square-foot, 13-bedroom mansion in Long Island’s North Shore, Mangano sold his South Tampa home for $ 2 million in April 2020, adding to his financial value. In October 2021, Mango joined the cast of the reality show, ‘American’s Big Deal,’ expanding his artistic career and becoming a major producer of the show.
Mango has grown its own product after leaving HSN, although the founder continues to emerge from HSN with new products. There’s no denying that Joy Mangano has earned tens of millions over the years as the best-selling home-seller on television, but what exactly is her net? Let’s find out!
Joy Mangano’s Total Net Worth
Joy Mangano’s total net worth is estimated at $ 70 million. As her products continue to be accepted in homes across the US, her income is expected to increase in the coming years.