Far-Left MSNBC host Joy Reid falsely claimed Wednesday night that Daily Wire editor emeritus Ben Shapiro was funded by an oligarch.
During MSNBC’s coverage of President Joe Biden’s farewell address, Reid claimed that Shapiro and other conservatives were being propped up by a hidden group of wealthy oligarchs. Reid made the comment after Biden used his speech to claim that there was a rising American “oligarchy” endangering the country.
“And these oligarchs, they’ve always been there. Who do you think was paying for, you know Rush Limbaugh? He was a very wealthy man. Fox is owned by an oligarch. Who do they think is funding the Ben Shapiro [Show] and other podcasts?” Reid claimed.
“The oligarchy has been hidden in the background the whole time and Biden is this pivot president as America is hurtling toward sort of falling in love with these rich tech gods, these tech bros,” Reid added, seeming to take a shot at Trump ally Elon Musk, who is promising to bring reform to the government.
Reid was mocked online for the claim, including by Daily Wire co-founder Jeremy Boreing, who pointed out Shapiro helped to create The Daily Wire, which generated over $200 million in revenue last year.
“In which Joy Reid – who reportedly makes over $3M a year – claims Ben Shapiro is funded by an oligarch when, in fact, the company he helped create generated well over $200M last year in advertising and subscription revenue (plus a few razor sales!),” he said. “Joy Reid lives in such a bubble she doesn’t know there is an actual audience for conservative ideas, and she is so economically illiterate she doesn’t know how value is created.”
In which Joy Reid – who reportedly makes over $3M a year – claims Ben Shapiro is funded by an oligarch when, in fact, the company he helped create generated well over $200M last year in advertising and subscription revenue (plus a few razor sales!).
Joy Reid lives in such a… pic.twitter.com/ci9vvFdZTv
— Jeremy Boreing (@JeremyDBoreing) January 16, 2025
“Daily Wire creates value, and we’re always working to create more,” he added. “Still, if there are any oligarchs out there who would like to fund us, I can only say we may not be very good, but we’re real expensive…”
CELEBRATE #47 WITH 47% OFF DAILYWIRE+ MEMBERSHIPS + A FREE $20 GIFT
Reid made her claims when reacting to Biden’s assertions that the United States was being taken over by an “oligarchy.”
“Today, an oligarchy is taking shape in America of extreme wealth, power, and influence that literally threatens our entire democracy, our basic rights and freedoms, and a fair shot for everyone to get ahead,” Biden claimed. “We see the consequences all across America. And we’ve seen it before, more than a century ago.”
