Media

JONES BANKRUPT! Infowars Founder Alex Jones Files for Bankruptcy

posted by Hannity Staff - 12.02.22

Jones was ordered to pay $1.5 billion to the families of the Sandy Hook school shooting.

According to a report from The Daily Wire, Infowars founder Alex Jones has filed for bankruptcy in the wake of the Sandy Hook school shooting ruling; Jones owns between $1 million and $10 million in assets, but owes between $1 billion and $10 billion in liabilities, according to DW.

From The Daily Wire:

The conspiracy theorist filed the Chapter 11 documents with the Southern District of Texas months after Free Speech Systems, the parent company of Infowars, also folded over the summer, according to a report from The New York Times. Jones had asserted for years that the 2012 attack, in which the shooter murdered 26 people, including 20 children, was a false flag operation meant to help the government confiscate citizens’ firearms. He was ordered last month to fork over $473 million on top of the $965 million he had already been ordered to pay.

Jones owns between $1 million and $10 million in assets, but owes between $1 billion and $10 billion in liabilities, according to a report from Axios. The commentator owes money to between 50 and 99 parties.

News of the bankruptcy broke one day after Jones hosted rapper Ye, formerly known as Kanye West, and Holocaust denier Nick Fuentes on his show. During the program, Ye praised Nazi dictator Adolf Hitler in his latest tirade against Jewish people, leading Twitter CEO Elon Musk to suspend the former husband of Kim Kardashian from the platform.

The bankruptcy further decreases the likelihood that Jones will be able to make the payments to the Sandy Hook families, who he accused of working as crisis actors for the federal government. Christopher Mattei, a lawyer representing the Sandy Hook families, had celebrated the most recent decision mandating that Jones reimburse the parents in an announcement posted to social media. “Justice requires that he pay every penny,” he said.

More over at The Daily Wire:

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