Current:Home > NewsWhat we know about the fight between conspiracist Alex Jones and Sandy Hook families over his assets -FutureFinance
What we know about the fight between conspiracist Alex Jones and Sandy Hook families over his assets
Indexbit View
Date:2025-04-07 04:27:28
HOUSTON (AP) — Bombastic conspiracy theorist Alex Jones has been ordered to liquidate his personal assets as he owes $1.5 billion for his false claims that the 2012 Sandy Hook Elementary School shooting, which killed 20 first graders and six educators in Newtown, Connecticut, was a hoax.
But the immediate future of his Infowars media platform, and the money behind the business that enriched Jones and connected him to far-right figures, celebrities and politicians, remain uncertain.
The federal bankruptcy judge who ordered the asset liquidation Friday also dismissed a separate bankruptcy case involving Infowars parent company Free Speech Systems.
Before the hearing a combative Jones predicted the end of Infowars could be “very soon,” and the website breathlessly warned that day could be its last broadcast. But he was smiling as he left hours later, calling in to an Infowars show to say, “The bizarre political attempts to hijack the operation have failed.”
The fight over Jones’ assets reached this point after he and Free Speech Systems filed for bankruptcy protection in 2022. That came as relatives of many victims of the Sandy Hook shooting won defamation lawsuit judgments of more than $1.4 billion in Connecticut and $49 million in Texas.
Here are some things to know about Jones and Sandy Hook families’ efforts to force him to pay:
Who is Alex Jones and what is Infowars?
Jones, a barrel-chested, gravelly voiced Texas native, has spouted conspiracy theories that range from the Sept. 11 terror attacks being staged to a purported U.N. effort regarding world depopulation.
Jones had just finished high school in Austin when he started broadcasting on a public-access television channel in the 1990s. After getting fired from a local radio station, he began broadcasting from home via his Infowars website.
Jones still hosts a daily four-hour talk show on the site. Interview guests this week included former Fox News star Tucker Carlson and British actor Russell Brand.
From just two employees in 2004, Jones grew his business into a media empire that had a 60-person staff by 2010. Court records show his company has four Austin studios and a warehouse for products he sells online, such as dietary supplements with names like Infowars Life Brain Force Plus and Life Super Male Vitality. Much of his revenue came from those sales.
But both Jones and lawyers for the Sandy Hook families said they expect Infowars to cease operations at some point because of the huge debt he now owes them.
The tie to Sandy Hook
The shooting had barely happened when Jones began pushing the falsehood that it was a hoax. Victims’ families who sued Jones said they were subjected to years of torment, threats and abuse by people who believed the lies told on his show. One father said conspiracy theorists urinated on his 7-year-old son’s grave and threatened to dig up the coffin.
The families fought back with the lawsuits in Connecticut and Texas.
Testifying in the Texas case, Jones acknowledged in 2022 that the shooting was “100 percent real” and that it was “absolutely irresponsible” to call it a hoax.
How much money does Jones have?
Jones has about $9 million in personal assets including his house, according to court filings in his bankruptcy case, and Friday’s ruling means much of that is to be sold off. But his $2.6 million primary home in the Austin area and some other belongings are protected from bankruptcy liquidation. He has already moved to sell his Texas ranch, which is worth about $2.8 million, along with a gun collection and other assets.
The families have a pending lawsuit in Texas accusing Jones of illegally diverting and hiding millions of dollars. He has denied the allegations.
What happens next?
It is not immediately clear what will happen to Free Speech Systems and Infowars. Many of the Sandy Hook families had asked that the company also be liquidated.
About the only certainty is more legal fighting. Lawyers involved in the case noted at least two possible scenarios.
One would be for Infowars and Free Speech Systems to keep operating while efforts to collect on the $1.5 billion debt are made in state courts in Texas and Connecticut. Or Sandy Hook families could go back to the bankruptcy court and ask the judge to liquidate the company as part of Jones’ personal case because he owns the business.
A trustee appointed Friday in Jones’ bankruptcy case now has control over his assets, including Infowars, according to lawyers for the families.
One of them, Chris Mattei, called Infowars “soon-to-be defunct” on Friday.
“Today is a good day,” Mattei said in a text message. “Alex Jones has lost ownership of Infowars, the corrupt business he has used for years to attack the Connecticut families and so many others.”
Jones seemed pleased to still be operating for now.
“Of the two bad outcomes, this is the one that’s way better,” Jones said. “I have not given up. I’m fighting.”
___
Collins reported from Hartford, Connecticut, and Vertuno from Austin, Texas.
veryGood! (35)
Related
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Frigidaire gas stoves recalled because cooktop knobs may cause risk of gas leak, fires
- Pentagon unveils new UFO website that will be a 'one-stop' shop for declassified info
- NC State safety Ashford headed back to Raleigh a day after frightening injury
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Driver in fatal shooting of Washington deputy gets 27 years
- Making your schedule for college football's Week 1? Here are the six best games to watch
- Students criticize the University of North Carolina’s response to an active shooter emergency
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- What's Making Us Happy: A guide to your weekend viewing, reading and listening
Ranking
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- 5 former employees at Georgia juvenile detention facility indicted in 16-year-old girl’s 2022 death
- NASA said its orbiter likely found the crash site of Russia's failed Luna-25 moon mission
- Miranda Kerr is pregnant! Model shares excitement over being a mom to 4 boys
- In ‘Nickel Boys,’ striving for a new way to see
- Burning Man 2023: With no estimate of reopening time, Burners party in the rain and mud
- What is compassion fatigue? Experts say taking care of others can hurt your mental health.
- Why Wishbone Kitchen TikToker Meredith Hayden Is Stepping Away From Being a Private Chef
Recommendation
Skins Game to make return to Thanksgiving week with a modern look
Taylor Swift's Eras Tour concert film opening same day as latest Exorcist movie
Mohamed Al Fayed, whose son Dodi was killed in 1997 crash with Princess Diana, dies at 94
Nevada assemblywoman won’t seek re-election in swing district after scrutiny over her nonprofit job
New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
New law aims to prevent furniture tip-over deaths
Virgo season is here! These books will please even the most discerning of the earth sign
Glowing bioluminescent waves were spotted in Southern California again. Here's how to find them.