The right-wing Conspiracy theorist Alex Jones says he can’t pay up. Friday, Jones filed for personal Chapter 11 bankruptcy protection. Court documents show Jones claims his assets are worth between $1 to 10 million, but his liabilities are between $1 to $10 billion.
The Infowars host is filing bankruptcy after a Texas judge recently declined Jones’ request to reduce a nearly $50 million damages award. Jones was ordered to pay the hefty amount after he was found liable for defamation for his controversial comments about the Sandy Hooks elementary school massacre. In the 2012 mass shooting, 26 people were killed, including 20 children. Jones repeatedly said the incident was staged and the victims’ families and first responders were “crisis actors.”
Jones built his empire on several conspiracy theories. Some of his most known ones are 9/11 was an inside job, Sandy Hook was staged to take away Americans’ gun rights, and high school student survivors of the Parkland massacre were also “crisis actors.” Now it seems the same thing that made him famous is now costing him millions. Jones has lost multiple lawsuits filed by Sandy Hook’s families. Add those rulings to costly trials, and the popular radio show host owes nearly $1.5 billion, according to The Washington Post.
According to CNN, the Connecticut attorney representing the families of Sandy Hooks spoke with CNN and called his bankruptcy filing a cowardly move. The attorney also stated the move will not work and vows to ensure Jones pays.
The questions to ask yourself now is, can Jones bounce back from this seemingly financial nightmare, or is this the beginning of the end for his infamous empire?