Alex Jones Net Worth 2022: How Much Will He Have Left After Compensating the Families of Sandy Hook?

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alex jones net worth

Alex Jones is an Infowars host and conspiracy theorist.

Alex Jones is an Infowars host and conspiracy theorist.

Jones recently lost a trial against one of the Sandy Hook victim’s families.

A Texas jury reportedly sentenced Alex Jones to pay $45.2 million in punitive damages to the parents of Jesse, a kid slain in the worst school massacre in U.S. history.

Years ago, Alex Jones stated that the Sandy Hook school tragedy never occurred.

He referred to the children and their moms as “crisis actors.”

Jones declared that everything was a fake to his viewers.

Jones’ Finances

Alex Jones has been syphoning money from his primary firm, Free Speech Systems, for years, especially after losing three defamation cases by default in 2021, according to an expert hired by two Sandy Hook parents in their claim for damages.

Financial forensic specialist Bernard Francis Pettingill, Jr. testified in a Texas courtroom on Friday that Jones withdrew $65 million in September 2021 following a ruling by Judge Maya Guerra Gamble that he had lost the claims to Sandy Hook families by default for not complying with court rules.

“He has a fanatical following,” stated Pettingill. He is an incredibly successful businessman.

After awarding $4.1 million to two parents defamed by Alex Jones on Thursday, a jury heard evidence on his net worth on Friday in order to determine punitive damages. The court stated that the jury must agree unanimously on the amount of damages. Friday at 1:30 p.m., discussions on the damages phase commenced.

The parents requested punitive damages of $145.9 million, which would raise the total amount to $150 million. The counsel for Jones proposed punitive damages of $270,000.

Neil Heslin and Scarlett Lewis prevailed in their defamation action against Jones, who pushed the Sandy Hook shootings that resulted in the death of their son Jesse as a “hoax” perpetrated by “crisis actors.” The trial that closed on Wednesday centred on the amount the jury would award for deliberate infliction of mental agony on the parents, who allege Jones’ “falsehoods” are inflicting terror, worry, and post-traumatic stress, in addition to the sadness associated with the loss of a child.

“You cannot divorce Alex Jones from the companies,” Pettingill responded when a jury questioned if Jones’ net worth was identical to that of his firm. “He is the business.”

Pettingill lacked access to the financial data that Jones was required to submit as part of the case. Instead, Pettingill examined what was available to the public, he said. Jones stated that because Free Speech Systems is a private, non-publicly traded corporation, he is not required to file papers with the state of Texas.

alex jones net worth

He claimed that Jones earns around $70 million year from Infowars and the numerous goods the corporation sells, such as health supplements and books.

Jones has a $54 million debt for one of his firms, which makes it look as though his net worth is lower than it actually is, according to Pettingill. Neither did he incur any financial losses as a result of being “deplatformed” (banned from many social media platforms in 2018 for hate speech).

“He made the same amount of money as previously,” remarked Pettingill.

During his closing argument on Friday, the attorney for Heslin and Lewis, Wesley Todd Ball, urged the jury to return a $145.9 million judgement for damages, bringing the total sum plus the $4.1 million to almost $150 million.

They arrived at the number of $150 million by requesting $1 in compensation and $1 in punishment for the estimated 75 million Americans who, according to experts, do not believe or disbelieve that the incident occurred.

This prize would send a message to Jones and others who promote conspiracy theories, according to Ball. “It will make them realise that if they do what Alex Jones did, they will have to sit in that chair and react,” added Ball.

Jones’ attorney, Andino Reynal, noted that the trial has already examined Sandy Hook for a longer amount of time than if Jones had discussed the incident on the air. Reynal added, “He ran a story recklessly.” He explained why it occurred and why he shouldn’t have done it.

Reynal asked the jury to recognise that despite the error, Jones was reporting on a “nationally significant” matter. Reynal requested the jury to return a “reasonable and proportional” damages finding of $270,000 based on the number of broadcast hours presented at trial, about 19.

Jones stated the night prior that he was “tapped out” and could not pay the $4.1 million verdict, never alone punitive penalties.

After the $4.1 million verdict was read, Jones stated on his Infowars website, “That’s more money than my firm or I personally have, but we will strive to attempt to pay restitution there.”

“What I did to those families was horrible, but I didn’t do it on purpose,” Jones remarked before to requesting donations to keep Infowars on the air. “We’re in bankruptcy, we’re all maxed out,” Jones claimed, adding, “if you don’t finance us, if you don’t buy our stuff, we’ll be forced to close.”

Last Monday, Jones’ Free Speech Systems filed for bankruptcy, but the Sandy Hook families suing Jones in this action and two others claim that the firm’s debt is based on a “fabricated” loan from another Jones-controlled company.

There is a chance that Jones’ attorneys might utilise a Texas statute that limits damages in certain instances to $750,000.

Mark Bankston, the attorney for the parents, contended that the cap does not apply to this case and stated that he is prepared to fight the validity of Texas’ cap if the defence attempts to impose it.

However, Bankston stated that he does not believe this would occur since the several Sandy Hook families suing Jones will “be chopping up Infowars’ carcass in bankruptcy.”

In the initial part of deliberations, the jury determined Heslin’s compensation for the reputational damage caused by 2017 Infowars coverage, including an article questioning whether he held his son in the hours after his death. In addition, the 12-person jury had to determine how much Heslin and Lewis should get for the deliberate infliction of mental suffering from 2013 to 2018.

On Friday, the trial continued to decide punitive damages for the same defamation events. The parents were there for the whole of the testimony. Jones appeared at the start of the day, but departed after around ten minutes of testimony and did not return until early afternoon.

Heslin and Lewis have appeared in court every day with the exception of when mental health professionals testified about the impact of Jones’ repeated assertion that their kid did not die on their life. Later, both gave heartbreaking evidence about Jesse and his final hours before he and 19 pupils and six teachers were murdered by a lone shooter.

Lewis remarked after the verdict, “I got to stare into (Jones’) eyes and I got to tell him what affect his acts had on me and my family, as well as everyone else and everyone who lives in Sandy Hook, and the ripple effect that had on the globe.”

Their attorney, Mark Bankston, stated that they continue to dread Sandy Hook deniers and were forced into seclusion under the protection of security due to “some contacts” this week.

The $4.1 million will go to the Jesse Lewis Choose Love Movement, which was founded by Lewis’ mother after her son’s death, according to Bankston.

“What a way to commemorate Jesse!” said Bankston. “Knowing that social and emotional learning will be taught to schoolchildren across the country with Alex Jones’s money is reassuring.”

What is Alex Jones’ Net Worth and Salary?

Alex Jones is a $40 million-net-worth American political fanatic and conspiracy theorist on the far right. Jones said during his August 2022 defamation trial that his net wealth did not exceed $5 million. During the same trial, a financial forensics expert assessed Jones and his firms were valued between $135 million and $250 million. During this trial, it was found that Infowars generated an average of $53.2 million in gross income between 2015 and 2022. Income and wealth statistics regarding Alex Jones will be provided in a minute.

Alex Jones is best known for hosting the nationally syndicated radio talk show “The Alex Jones Show” from Austin, Texas. He has published books and sold things for hundreds of millions of dollars on his website. His items vary from “brain drugs” to survival gear to dietary supplements.

Sandy Hook School Shooting

A shooter opened fire at Sandy Hook Elementary School ten years ago, murdering 20 children and six school personnel.

Neil Heslin, one of the parents suing Alex Jones, testified under oath that his son passed away on that day.

“He did live,” Heslin stated in his testimony.

“I was fortunate to spend six and a half years with him. I treasure those days and years spent with Jesse.”

Alex Jones’s Net Worth

$40 million is the entire net worth of Alex Jones.

However, Jones testified in court that he had a net worth of $5 million.

Alex Jones has an estimated net worth between $135 million and $270 million, according to various calculations.

Jones owns a number of businesses, including the conspiracy theory website and channel Infowars.

Celebrity Net Worth indicates that Infowars averaged gross revenue of $53.2 million per year.

Alex Jones must pay a Sandy Hook family $4,1 million in compensatory damages and $45 million in punitive penalties.

According to reports, Alex Jones filed for bankruptcy.

Nevertheless, as the judge stated, Alex Jones is not shattered because he filed for bankruptcy.

Radio Career

In 1996, he transitioned to radio and began presenting “The Final Edition” on KJFK. He began his career in Austin doing a live call-in public access television programme. While campaigning for Congress, Ron Paul was a frequent guest on his talk programme.

In 1999, he tied with Shannon Burke for “Best Austin Talk Show Host” in the poll conducted by the Austin Chronicle. Later that year, he was sacked from KJFK for refusing to extend his themes and for his opinions making it impossible for the station to sell advertisements. Jones subsequently began webcasting his show from his residence.

In 2000, Jones ran for State Representative in Texas House District 48 as a Republican. He stated that he was running to “be a watchdog from the inside,” but he withdrew from the contest a few weeks later. In 2001, around 100 stations syndicated Jones’s radio programme.

Jones began to promote the conspiracy theory that the Bush administration was behind the 9/11 attacks and that it was an inside operation shortly after the events. Several stations dropped him as he became the public face of the 9/11 “truther” movement. The Genesis Communications Network syndicates “The Alex Jones Show” to more than 100 AM and FM stations in the United States. In 2010, it drew around 2 million weekly listeners.

Other Ventures

Alex made his first documentary film, America: Destroyed by Design, in 1998. Since then, he has produced around 20 further documentaries. In addition, he has published two books, “9-11: Descent Into Tyranny” in 2002 and “The Answer to 1984 Is 1776” in 2008.

Jones is the publisher and operator of the website InfoWars, which attracts over 10 million views every month. The website has been labelled a fake news website and accused of propagating damaging conspiracy theories. According to reports, the website produced more than $20 million in annual income at its height.

Der Spiegel revealed in 2017 that two-thirds of Jones’ revenue comes from sales of a variety of his own items, which are promoted via the InfoWars website and advertising spots on his show. They consist of nutrients, toothpaste, bulletproof jackets, and further products. John Oliver remarked in a 2017 episode of “Last Week Tonight” that Jones spends roughly a quarter of his on-air time hawking goods offered on his website, many of which claim to provide remedies to medical and economic issues allegedly caused by the conspiracy theories he promotes on his show.

alex jones net worth

The Attorney General of New York issued a cease and desist order against him on March 12, 2020, after he claimed without evidence that the drugs he marketed were an effective therapy for the COVID-19 epidemic. In April 2020, the FDA became involved and Jones was notified that the agency may seize and penalise him if he continued selling the items.

Views and Controversies

Jones is well-known for his outspoken views on a variety of topics, including the Oklahoma City bombing, the moon landing, 9/11, Sandy Hook, Obama, Hillary Clinton, white genocide, and anti-vaccination. Jones believes that a large number of terrorist actions were “inside jobs,” meaning that the US government was involved.

He believes that climate change is a hoax perpetrated by the World Bank in an effort to control the world economy by means of a carbon tax. Former workers accused Jones of sexual harassment, anti-black racism, and antisemitic conduct in February 2018.

YouTube pulled InfoWars videos in July 2018, alleging child endangerment and hate speech. Later that year, Stitcher Radio deleted all of his podcasts, alleging harassment, and on August 3, FaceBook, Apple, YouTube, and Spotify removed all material published by Jones and InfoWars due to violations of their respective policies. YouTube eliminated all InfoWars-affiliated channels, including the Alex Jones Channel.

Vimeo banned all of Jones’ videos later that week due to their bigoted and nasty nature. His accounts on Pinterest, Mailchimp, and LinedIn were also deleted. Jones was permanently banned from Twitter and Periscope the following month after using the sites to insult CNN reporter Olver Darcy. Also deleted from the Apple App Store and Google Play was the InfoWars app. Jones was not permitted to use PayPal for commercial transactions. In May of 2019, Jones’ access to Facebook and Instagram was revoked.

Personal Life

Alex and Kelly Jones were married from 2007 till 2015. There are three of them. Kelly Jones filed for sole custody of their children in 2017 based on her ex-odd husband’s conduct, alleging he was not a stable person and expressing worry for their children’s welfare. His counsel attempted to justify his actions by comparing him to a “performance artist” who “plays a role.” Jones has repeatedly denied playing a role on his show. Kelly has been granted exclusive custody, although Jones retains visiting privileges.

Jones was arrested and charged with drunk driving in Texas in March 2020. Austin’s Travis County prison acknowledged that he was charged with driving under the influence, a class B misdemeanour. He was arrested but was freed four hours later on his own recognisance.

Last Lines

A Texas jury reportedly sentenced Alex Jones to pay $45.2 million in punitive damages to the parents of Jesse, a kid slain in the worst school massacre in U.S. history. Jones has been syphoning money from his primary firm, Free Speech Systems, for years. The jury in the Alex Jones defamation case returned a $145.9 million judgement against him and his company, Free Speech Systems. Lawyers for Heslin and Lewis argued that Jones’ net worth should not have been compared to that of his firm, Infowars. Alex Jones’ net worth is estimated to be $40 million-plus.

He has published books and sold things for hundreds of millions of dollars on his website. During this trial, it was found that Infowars generated an average of $53.2 million in gross income between 2015 and 2022. Alex Jones has an estimated net worth between $135 million and $270 million. He owns a number of businesses, including the conspiracy theory website Infowars. Alex Jones must pay Sandy Hook family $4,1 million in compensatory damages and $45 million in punitive penalties.

Alex Jones is the publisher and operator of the website InfoWars. The website has been labelled a fake news website and accused of propagating damaging conspiracy theories. Two-thirds of his income comes from sales of his own products, many of which claim to provide remedies to medical and economic issues. Alex Jones was permanently banned from Twitter and Periscope in January 2019. Vimeo banned all of Jones’ videos later that week due to their bigoted and nasty nature. Jones was arrested and charged with drunk driving in Texas in March 2020.

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