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

Joy Mangano reveals the secret of her success

She’s the woman behind a $3 billion-plus empire of inventions and designs. Her life story is told in David O’Russell’s film “Joy,” starring Jennifer Lawrence. But now Joy Mangano is telling her story firsthand in a new book, “Inventing Joy”.
Posted: November 22, 2017, 10:51 pm

‘This Is The Blueprint Of How I Did It’: Joy Mangano Discusses Her New Book ‘Inventing Joy’

Joy Mangano is no stranger to being in the public spotlight. For most of her career, the inventor and entrepreneur has been, in her own words, “standing up in front of America,” talking about the countless products that she has designed, promoted and sold.
Posted: March 2, 2018, 4:00 am

Broadway: Joy Mangano Will Mop it Up with Broadway Musical Based On Her Life

You can hear it now: Joy Mangano will be mopping it up soon with a Broadway musical of her own. The QVC star who has already had a David O. Russell- Jennifer Lawrence movie made about her is heading to the Great White Way. (Or should I say the Great Bright ...
Posted: March 13, 2018, 3:24 pm
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