Mike Lindell Complains 'I Don't Have Any More Money' Amid MyPillow Woes

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Giulia Carbonaro is a Newsweek reporter based in London, U.K. Her focus is on the U.S. economy, housing market, property insurance market, local and national politics. She has previously extensively covered U.S. and European politics. Giulia joined Newsweek in 2022 from CGTN Europe and had previously worked at the European Central Bank. She is a graduate in Broadcast Journalism from Nottingham Trent University and holds a Bachelor's degree in Politics and International Relations from Università degli Studi di Cagliari, Italy. She speaks English, Italian, and a little French and Spanish. You can get in touch with Giulia by emailing: g.carbonaro@newsweek.com.

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MyPillow CEO Mike Lindell, a loyal Donald Trump ally, called for new donations from his supporters after again admitting financial difficulties, saying he doesn't have "any more money."

Talking on his own Lindell-TV on Monday about his financial struggles, the pillow magnate said: "We're actually doing really good other than the fact that I don't have any more money into the effort but I can certainly keep being the salesman soliciting funds to keep us moving, and we really need all of your help."

He added, echoing his own claims that the 2020 election was rigged and stolen from Trump: "We will get our elections secure." Such claims of electoral fraud have been repeatedly rejected in court and by independent election experts.

Following his support for the unsubstantiated claims that the 2020 election was stolen and Trump should be in the White House, Lindell was hit by defamation cases from voting-machine manufacturers Dominion Voting Systems and Smartmatic and by Eric Coomer, a former Dominion employee.

The manufacturers have argued their reputations were significantly damaged by Lindell's claims about the election. Dominion is seeking $1.3 billion from Lindell.

The legal expenses of running the three cases have led Lindell to lose "everything, every dime," he said in an interview earlier this month. The businessman previously told Newsweek he could no longer afford to pay his lawyers, and had been unable to do so for the two months before.

But talking to his supporters, Lindell said he was positive about the way the cases are going, talking about a series of "successes" only tainted by the problem of a shortage of funds. He framed the legal cases as a battle to make elections safe in the country.

Mike Lindell
Mike Lindell arrives at a gathering of Donald Trump supporters near the Mar-a-Lago Club on April 4, 2023, in Florida. He's seeking new donations from supporters. Octavio Jones/Getty Images

"We really need your help now for this plan to secure elections," he said on Monday, redirecting his supporters to a page collecting funds for his legal expenses.

Earlier this month, Lindell admitted he was "broke" after his attorneys said he owed them "millions of dollars" in unpaid legal fees and that they needed to drop him as a client.

While Lindell has repeatedly claimed that MyPillow isn't about to go out of business because of his financial difficulties, saying that his supporters are keeping sales up, in July, he told DailyMail.com that his company had lost $100 million since Walmart and Bed Bath & Beyond dropped his products.

Newsweek contacted MyPillow for comment by email on Wednesday.

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About the writer

Giulia Carbonaro is a Newsweek reporter based in London, U.K. Her focus is on the U.S. economy, housing market, property insurance market, local and national politics. She has previously extensively covered U.S. and European politics. Giulia joined Newsweek in 2022 from CGTN Europe and had previously worked at the European Central Bank. She is a graduate in Broadcast Journalism from Nottingham Trent University and holds a Bachelor's degree in Politics and International Relations from Università degli Studi di Cagliari, Italy. She speaks English, Italian, and a little French and Spanish. You can get in touch with Giulia by emailing: g.carbonaro@newsweek.com.

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Giulia Carbonaro is a Newsweek reporter based in London, U.K. Her focus is on the U.S. economy, housing market, property ... Read more