The co-founder and co-CEO of Daily Wire criticized Joy Reid for claiming that conservative host Ben Shapiro is funded by “oligarchs” — while the anti-Trump MSNBC host rakes in millions from the left-leaning network’s mega-bucks parent company.
Jeremy Boreing, who along with Shapiro launched Daily Wire in 2015, reacted to a clip of the anchor’s analysis of President Joe Biden’s farewell address on Wednesday — in which he bizarrely warned of an “oligarchy” taking over the country.
“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,” Boreing wrote on his X account on Thursday.
Four days before President-elect Donald Trump is officially sworn in, Biden claimed that an “oligarchy” of super-wealthy people were conspiring to take advantage of a “dangerous concentration of power” in order to exert “power and influence that literally threatens our entire democracy, our basic rights and freedoms and a fair shot for everyone to get ahead.”
Following the speech, Reid appeared on MSNBC to discuss Biden’s remarks with co-panelists and fellow MSNBC hosts Rachel Maddow, Chris Hayes and Jen Psaki.
“Who do you think was paying for Rush Limbaugh? “Who do they think is funding the Ben Shapiro and other podcasts?” Reid asked when referencing oligarchs.
She then alluded to a group of tech executives who have publicly backed Trump, including Tesla CEO Elon Musk and other Silicon Valley luminaries.
“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 railed.
Boreing wrote that the company he and Shapiro co-founded “generated well over $200M last year in advertising and subscription revenue.”
“Daily Wire creates value, and we’re always working to create more,” Boreing wrote.
“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…”
