The stream of racist, sexist, and economically illiterate memes appearing in support of Donald Trump during this years’ interminable American presidential election are being bankrolled in part by the 24-year-old inventor of Oculus Rift.

Palmer Luckey, who came into a personal fortune worth $700 million (£535 million) when his VR headset firm was bought out by Facebook, has admitted to resourcing an unofficial pro-Trump political non-profit called Nimble America that’s powering the tsunami of unsavoury Pepes and white supremacist image macros that have plagued Reddit.