Joy Mangano Net Worth is$50 Million
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Profession: Inventor, Entrepreneur

Country: United States of America

Joy Mangano net worth: Joy Mangano is an award-winning entrepreneur and inventor from New York with a net worth of $50 million. Mangano acquired her net worth through inventing household products like the Miracle Mop and Huggable Hangers. She is the President of Ingenious Designs. Mangano love for invention started when she was a teenager. Working in an animal hospital, she came up with an idea with a fluorescent flea collar to protect pets. After obtaining a business administration degree and holding down various jobs to support her family, the single mum came up with the Miracle Mop. After selling the innovative mop locally in Long Island, Mangano took it to shopping channel QVC where her selling technique on the channel helped shift 18,000 mops in 20 minutes. Ten years after the launch, Mangano sell $10 million worth of Miracle Mops per year. Mangano went from strength to strength as her next invention, Huggable Hangers, is her fastest-selling product. Endorsed by Oprah Winfrey, Huggable Hangers sold more than $300 million. A regular of Home Shopping Network, Mangano has built up partnerships with several celebrities, including tennis ace Serena Williams, to publicise their products on the shopping channel. For her invention, Mangano received a string of recognition: she was named Long Island Entrepreneur of the Year by Ernst & Young. Mangano also own a restaurant called Porto Vivo In New York.
Joy Mangano is an American inventor and entrepreneur, known for inventions such as the self-wringing Miracle Mop and Huggable Hangers. She is the President of Ingenious Designs, LLC, and appears regularly on HSN.
Raised in Huntington, New York, Mangano showed a propensity for inventing at an early age when, as a teenager working at an animal hospital, she dreamed up a fluorescent flea collar to keep pets safe. When it was released the next year by Hartz Mountain, she vowed that the next time she had a great idea, she would bring it to market. After graduating from Pace University with a degree in business administration in 1978 and held a variety of jobs, including waitress and airline reservation manager, all while raising her three children as a single mother.
In 1990, she developed the prototype of her Miracle Mop. She sold the mops locally in Long Island before moving to facilities in her father's body shop in Deer Park in 1991 and incorporating her business as Arma Products, later renaming it to Ingenious Designs. Mangano sold Ingenious Designs to USA Networks, the parent company of the HSN, in 1999.
Mangano holds more than 100 patents for her inventions. "I think my products have been successful because they have mass appeal," she has said. "I'm just like everybody else out there. I'm a mom, I work, I have a house to clean, things to organize. We all have certain similar needs, and I address them."
After growing frustrated with ordinary mops, Mangano developed her first invention, the Miracle Mop, a robust plastic mop with head made from a continuous loop of 300 feet of cotton that can be easily wrung out without getting your hands wet. With her own savings and investments from family and friends, she made a prototype and manufactured 100 units. After selling the mop at trade shows and in local stores on Long Island, she sold 1,000 units on consignment to QVC. It sold modestly at first, but once QVC allowed Mangano to go on-air to sell it herself,

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Joy Mangano Latest News

Jennifer Lawrence reveals new details about Amy Schumer collaboration

The previous year she had earned her fourth Oscar nomination, for “Joy,” about Long Island entrepreneur Joy Mangano. She stars next month in writer-director Darren Aronofsky’s “Mother!” Get the latest on celebs, TV and more. By clicking Sign up ...
Posted: August 9, 2017, 4:37 am

Joy Mangano, real-life inspiration of 'Joy,' has an empire based on extroversion, and mops

Just before midnight on a recent Saturday at the headquarters of HSN, the home-shopping pioneer Joy Mangano had a time-sensitive mission. Mangano had just wound down an hour, in heels, of striding around a set, pitching a space-saving closet contraption ...
Posted: January 15, 2016, 7:14 am

The Inadvertent Inventor

Joy Mangano, the inventor of the Miracle Mop, achieved her success because she asked a simple question: How could she make her mop better? When I think of inventiveness, household objects don’t readily spring to mind, yet many household objects are the ...
Posted: August 18, 2017, 3:37 am

Jessica Chastain Lays Down Her Cards in New Molly's Game Trailer (See!)

... Joy Mangano, a divorced mother of two, working as a booking clerk for Eastern Airlines, who built a business empire out of a mop. Check out the trailer below, the first to be released. The film hits theaters Nov. 22, kicking off the holiday film season.
Posted: August 15, 2017, 9:54 am

Consistency Is Key: 4 Habits of Highly Respected Leaders

Joy Mangano, Inventor and Entrepreneur The most respected leaders are steadfast in their commitments. When the going gets tough, these leaders only get tougher. From following up on employee issues to seeing a difficult project through completion ...
Posted: August 17, 2017, 8:09 am
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