IAC founder Barry Dilller is sick of Donald Trump’s campaign
Barry Diller, the billionaire founder of IAC Interactive, is fed up with Donald Trump’s bid for the presidency and even joked that he would head beyond American shores if the real estate mogul enters the White House.
Diller called Trump a “self-promoting huckster” with a “vein of meanness and nastiness” and questioned his motivation for running for public office during a talk with Bloomberg’s Erik Schatzker at the Bloomberg Markets Most Influential Summit.
“If Donald Trump doesn’t fall, I’ll either move out of the country or join the resistance,” said Diller, though noted the likelihood of a Trump presidency is small.
The IAC chairman pointed out that Trump has created a kind of “reality television as politics” where he creates negative conflict that drums up attention but lacks any clear communication strategy.
Diller, who is worth about $2.5 billion, has put big money towards political elections in the past, primarily donating to Democratic candidates. He’s given money to Hillary Clinton, Senator Cory Booker of New Jersey, New York Senator Chuck Schumer and Vice President Joe Biden, among others, according to Federal Election Commission records.
In other billionaire endorsement news, Pershing Square’s Bill Ackman said he’s backing Michael Bloomberg to run and win in 2016.