MyPillow CEO Mike Lindell begs for donations after he runs out of money
Callum Jones
Featured Image Credit: Spencer Platt/Getty Images / Lev Radin/Pacific Press/LightRocket via Getty Images
MyPillow CEO Mike Lindell has issued an urgent plea for donations after running into some financial difficulties.
Lindell, 62, is known as the 'My Pillow Guy' and also for his bizarre beliefs regarding the 2020 presidential election.
He claimed that China interfered with the 2020 election of President Joe Biden.
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And he was so ‘sure’ of his claims that he announced he would pay anyone a sum of $5 million to anyone who could debunk his theory.
“There’s a $5 million prize for anybody that can prove the election data that I have from the 2020 election was false, is not from the 2020 election,” he said on The Glazov Gang.
Unfortunately for the CEO, someone did manage to 'prove Mike wrong', leading to him having to fork out a whopping $5 million.
According to a 15-page report written by Robert Zeidman, the data provided did not include the ‘packet data’ that Lindell had previously discussed - however, he initially refused to pay up.
Upon discovering that there was no interference in the election results from China, Zeidman told The Washington Post: “[The arbitrators] clearly saw this as I did — that the date we were given at the symposium was not all that Mr Lindell said it was.”
In a text to The Post, Lindell talked about the arbitrators and said: “They made. Terribly wrong decision! This will be going to court!”
Now, Lindell has, in fact, ran out of money, which he confirmed in a recent interview with Associated Press on Friday (6 October).
He is currently involved in defamation lawsuits from voting machine companies, Smartmatic and Dominion Voting Systems, as they've accuse him of severely damaging their reputations.
And since all the election claim controversy, many major retailers have stopped stocking MyPillow products, which has sent the company into financial disarray.
Back in July, Lindell claimed that his company lost a whopping $100 million as it was hit by 'massive, massive cancellation'
And that isn't all as American Express also slashed MyPillow's line of credit in September, while Lindell's lawyers have stopped representing him after he was unable to pay them millions of dollars in legal fees.
So on Wednesday (11 October), Lindell issued an urgent plea to his supporters in a segment on the streaming platform Lindell-TV, Newsweek reports.
He urged them to donate whatever they could to the Lindell Offense Fund, even if it is just $5 a month.
"That's what it's all going for, not for anything else," he told his followers.
He also told Newsweek that the donations would also help fund the Shasta County lawsuit against the state of California, which according to Lindall, is happening after a bill was signed that limits a local government's ability to count ballots.