MyPillow CEO Says He's Wasted $25 Million Trying To Overturn The Election

Estimates vary wildly about MyPillow CEO Mike Lindell's net worth (ranging from $50 million to $330 million) but even for someone at the higher end of that spectrum, spending $25 million on anything is a hefty price tag. But that is the amount that Lindell claims he has now spent trying to overturn the 2020 election - and so far he's gotten nothing but scorn and derision for his expenditure. Ring of Fire's Farron Cousins explains how ridiculous this is and how Lindell is digging himself deeper and deeper with every dollar he spends.

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*This transcript was generated by a third-party transcription software company, so please excuse any typos.

Mike Lindell, the founder and CEO of MyPillow announced this week that so far he has spent $25 million trying to overturn the results of the 2020 election. Trying to prove that all the fraud he swears is there was actually there. Now this is a lot of money. I don't care how much money you have, $25 million in a year on a project that has bore no fruit whatsoever. Yeah. That's a lot of money to down the drain, especially considering the fact that estimates from Mike Lindell's net worth very wildly. I've seen his net worth valued at $30 million, that's as of this year, I've seen other ones that say it's $330 this year. So his net worth is somewhere between 30 and 330. So you get about a $300 million, you know, gap in between where it might actually be. But either way, even at the high end of the spectrum, $25 million is a lot.

And Mike Lindell says he ain't done. He's gonna continue spending money. In fact, he says that right now we have operations going in 44 states across the country. We've got thousands of people out there. We are working over time to overturn that election that is now over a year old. And Lindell says the reason he's gonna keep spending here it is, I will keep spending it because there is no tomorrow. We lose our country. We either only have, we either only have two paths. Okay? Either it gets changed before the 2022 election or we lose our country forever. I will spend every dime I have. I will spend whatever it takes. I don't doubt that. I do believe you're going to spend every dime you've ever had, but not overturning the election. You're probably gonna spend every dime you've ever had in whatever Dominion Voting System wins against you in that defamation lawsuit.

That's where your money's gonna go, Mike. In fact, you know what? If I were Dominion right now, I would go into court and argue, that hey, this guy is spending money like a drunken sailor on things that we all know aren't real. Can we freeze his assets please? So that there is something left to pay us when we eventually win this lawsuit. That's not out of the realm of possibilities. I do believe Dominion needs to go to court, try to freeze this man's assets so he can't spend all of his money before he has to pay it to Dominion. And maybe that's his ultimate goal here. Look, Mike Lindell has held two cyber symposiums at this point. He did the one over Thanksgiving week and then of course he did the one back in August. Neither of them provided any evidence whatsoever of any kind of voter fraud.

He has had every possible opportunity to present whatever evidence he swears he has and he's failed to do it every time. If you are still with this man, you're getting hosed. He is a fraud. He is an absolute fraud, but hey, he's spending his own money. It's not like he's grifting anybody to do this. If he wants to waste his fortune doing stupid things, whatever, it wouldn't be a big deal if, of course he wasn't facing a $1.3 billion defamation lawsuit. Dominion needs to try to get this man's money frozen. Otherwise by the time they finally get their verdict, whatever the final amount is, Mike Lindell might be down to his last penny and completely worthless at that point. Dominion needs to step up and make sure that doesn't happen.