Joy Mangano is a famous American inventor and entrepreneur who is well-known as the president of ‘Ingenious Designs’. She is also a bit of a television personality who appears on the United States shopping channel, ‘HSN’. Keep reading to know more about Joy Mangano’s net worth in 2019.
Joy Mangano was born on February 1, 1956, in East Meadow, New York. She was born to her father, Rudy Mangano, and mother, Terri Mangano. Her family is believed to be of Italian descent and her parents have a dual citizenship of Italy and the United States of America.
Mangano was a smart kid and was always curious about all the little things. She always looked at things in a different way and tried to improvise on it. Mangano started inventing at a very early age, as a teenager she came with an idea of putting fluorescent flea collars to keep the pets safe. As a kid, she was very innovative and always focused on how to be more practical and creative.
Mangano was not a studies kid, but definitely an intelligent one who always aced her exams. She always participated in extra circular activities and was a very active student. After graduating from high school, for further studies, she attended Pace University in New York. She graduated with a BA in business administration.
There is not much to tell about Mangano’s dating life. She met Tony Miranne just after the graduation. The couple dated for few months and decided to tie a knot. Mangano was twenty-two years old when she got married. The couple was very happy and lived a peaceful life. As the time passed by, the tension started to grow between them and the couple got divorced due to their personal differences.
Mangano and Tony were married for almost eleven years and together has three kids. Currently, she is single.
Mangano’s craze for invention began at a very early age. After graduating with a business administration degree, she became a single mom and was a housewife for many years. Soon the kids came and her attention was fully diverted towards them, she used to get a very little time to be innovative and creative.
Cleaning up after three kids was always tiring and sometime frustrating. So she started focusing on making a mop that would do her duty with an ease. It took her years to develop the product she had imagined and called it a “Miracle Mop”. She made a prototype and initially, she made just hundred of them.
After knowing her product is doing well in the market, Mangano with the help of advertising and salesmanship was managed to sell around few thousand mops in one year.
Mangano then decided to take a step further, she pitched her “Miracle Mop” product to ‘QVC Executives’. Initially, without the creators, it didn’t go well. But her first appearance on ‘QVC’ helped her to sell more than eighteen thousand mops in less than an hour. It was the major breakthrough of her career.
“Miracle Mop” was just the cradle to Mangano’s long successful career. She created several other products like Rolykit, Huggable Hangers, and the Piatto Bakery Box which added a lot of fame and fortune to her career.
After few years, Mangano sold her company, ‘Ingenious Designs’ to ‘Home Shopping Network’ and stayed as company’s president. She has made an appearance as a judge on a reality television show called ‘Made in the USA’. Also, a Hollywood movie, ‘Joy’ was made based on her life and her character was portrayed by the actress, Jennifer Lawrence.
Awards & Achievements
Mangano is one of the smartest innovative ladies in the world of business and entrepreneurship. She has been nominated on various occasions. Her biggest achievement would be winning the ‘Long Island Entrepreneur of the Year’.
Net Worth of Joy Mangano
The estimated net worth of Joy Mangano is approximately $55 million. Her main source of income has been her earnings from her business. She has also earned a decent income for her appearances in the reality series.
Joy Mangano is one of the talented, smart and creative ladies in the world of business. She has worked hard to achieve the success she is enjoying today. Mangano never seems to age and looks way younger to her age. Currently, she is single and fully focused on her career.