Joy Mangano Net Worth

Joy Mangano net worth

Joy Mangano is an award-winning entrepreneur and inventor from New York who has a net worth of $70 million. Mangano acquired her net worth by inventing a sequence of extremely profitable family merchandise just as the Miracle Mop and Huggable Hangers. She is at present the President of Ingenious Designs and makes frequent appearances on the Home Shopping Network (HSN).

Early Life

Joy Mangano was born in East Meadow, New York, to an Italian-American dad and mom on February 1, 1956. Mangano’s love for invention began when she was a teen. While working in an animal hospital in Huntington, Long Island, she got here up with a concept with a fluorescent flea collar to guard pets. She graduated from Pace University with a level in enterprise administration in 1978.

Miracle Mop Invention

After holding down varied jobs (together with ready tables and dealing as an airline reservations supervisor) to assist her household, the only mother of three got here up with the Miracle Mop in 1990. Mangano invested her personal financial savings cash and investments from households and pals to make a prototype and manufacture 1000 models. After promoting the progressive mop regionally in Long Island, Mangano took it to the purchasing channel QVC the place she bought 18,000 mops herself in 20 minutes. Mangano integrated her enterprise as Arma Products (later renamed Ingenious Designs.) She bought the enterprise from USA Networks. The mom or dad firm of the Home Shopping Network, in 1999. Ten years after the launch, Mangano was nonetheless promoting $10 million worth of Miracle Mops per 12 months.

Other Inventions

Mangano quickly went on to invent Huggable Hangers, velvet no-slip hangers designed to preserve closet area, which rapidly grew to become the best-selling product within the historical past of the Home Shopping Network (HSN). Promoting greater than 300 million models. It did not damage that the product was endorsed by Oprah Winfrey herself.

Mangano’s subsequent design was Forever Fragrant, a line of dwelling odor neutralizers. Products included incense sticks, wickless candles, scent stands, drawer liners, and extra. On January 31, 2010, she broke an HSN report when she bought over 180,000 Forever Fragrant models in the future. Her line of scents earned her the Good Housekeeping Seal of Approval.

The baggage system ranges from small duffel luggage to transportable dressers, to briefcases and pet carriers. In May 2010, Mangano designed a shoe with a rubber platform heel to provide the wearer further top. She bought 30,000 pairs within the first three hours it was up on HSN. Originally beginning out as a sneaker, Performance Platforms branched out to incorporate mules, sandals, and Mary Janes.

Career

Next up, Mangano created Comfort & Joy Textiles, bedding constituted of Supima cotton and a down different with a reversible and detachable quilt cowl. Sheets connected to the mattress skirt for simple elimination and cleansing. Mangano additionally partnered with chef Todd English to create GreenPan Cookware. A ceramic-based non-stick coating line of pans that makes use of no PFOA in manufacturing. GreenPan bought 24,000 items in 4 hours on HSN on July 26, 2007.

A daily on Home Shopping Network, Mangano has constructed partnerships with a number of celebrities. Together with tennis ace Serena Williams, to publicize merchandise on HSN. Her hourly gross sales commonly prime a million {dollars}. After twenty years, she left HSN to pursue different ventures. As for her different TV appearances, Mangano appeared as a choice on the cable actuality present “Made in the USA” in 2005. She was a visitor to “The View” in February 2007.

For her innovations, Mangano has obtained dozens of awards and accolades together with being named Long Island Entrepreneur of the Year by Ernst & Young. In 2009, Joy was ranked No. 77 on Fast Company’s listing of The 100 Most Creative People in Business. Mangano additionally owns a restaurant known as Porto Vivo In New York. She launched her autobiography, “Inventing Joy” on November 7, 2017.

Awards

Joy Mangano, the American inventor, and entrepreneur, has achieved notable success with her innovative products. While specific awards dedicated solely to Joy Mangano may be limited. 

•  Good Housekeeping Seal of Approval
   QVC Customer Choice Award
   HSN Customer Pick
   Successful Businesswoman Recognition

Personal Life

Mangano married Tony Miranne, whom she met at Pace University once they had been each college students,   in 1978. The couple had three youngsters Christie, Robert, and Jacqueline Marianne. They divorced in 1989. Mangano resides in St. James, New York.