Bankrupt Alex Jones spends nearly $100,000 a month
Alex Jones – the infamous Sandy Hook conspiracy theorist, has filed for bankruptcy, despite having nearly $10 million in assets and spending almost $100,000 a month, according to court filings.
Jones owes almost $1.5bn in damages to relatives of the Sandy Hook school shooting.
His finances were laid bare in documents filed with a Texas bankruptcy court. The documents detail his possessions, debts, outgoings and legal issues.
In previous court filings, he declared assets in a range between $1m and $10m.
The new documents highlight his three properties in Austin, Texas, along with $1.5m plot of land, three vehicles, two boats, two guns and a cat.
He is the sole owner of eight different companies, including Free Speech Systems, which has paid him an annual salary of more than $600,000 for the last two years.
In December he had asked a court to allow him to take a bigger salary – $1.3m – from the company, which has also filed for bankruptcy.
Jones paid a total of $1.3m to settle debts with his wife and parents. He gave a $2,000 charity donation to a church in Texas.
One court filing says Jones is “holding firearms for certain January 6th participants”, a reference to the riot at the US Capitol two years ago.
Alex Jones’s monthly outgoings laid bare
His monthly outgoings total more than $96,000, including more than $40,000 a month in taxes $14,000 on childcare and education, $10,000 on alimony and child support, and more than $7,000 on home upkeep and repairs.
The families of the Sandy Hook school shooting victims won a $965m judgement against Mr Jones in October last year, but legal experts say it will be difficult for the plaintiffs to collect the full amount because of the bankruptcy filings.
At a Tuesday court hearing, lawyers for Alex Jones said he would refrain from putting out further episodes of a new podcast, in response to concerns by the Sandy Hook victims that he will leave Infowars and Free Speech Systems and use the bankruptcy cases to avoid paying settlements.
But Sandy Hook is not his only legal trouble, the documents filing listed 18 cases that Mr Jones and his company Infowars faced in the year before he filed for bankruptcy.
