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Jones’ general unsecured creditors—comprised mostly of Sandy Hook families holding about $1.5 billion in defamation judgments against the famed conspiracy theorist—voted 100% in favor of a Chapter 11 plan that would methodically liquidate and redistribute his property and cash, while preserving potential legal actions against parties affiliated with Jones and his Infowars program.
I hope he dies penniless under a bridge somewhere, like the troll he is.
Once you reach a certain level of wealthy, you literally cannot die poor. Sadly this isn't the movie trading places. Billionaires don't go fully broke, they're always allowed to keep a certain level of wealth forever after
I agree with you. Just a note, though; Alex isn't a billionaire. Even the plaintiff's lawyers estimated his wealth at only "as much as $270M". It still makes me sad to realize how many people he grifted, defamed, and otherwise harmed to make that much money...
Well ya super rich people designed the entire legal system in the US specifically to protect themselves from ever have to face any real consequences for their crimes. You dont have to look much further than Donald J Trump to see how thats working.
Jones definitely isn't a billionaire. He owns a glorified YouTube Channel that sells supplements and brain pills. Hopefully he is toast.
The vote indicates the creditors’ preference over a competing plan submitted by Jones that would allow him to reorganize by preserving parts of his media empire and paying the group at least $5.5 million a year over 10 years.
Lmao this part cracks me up the most. He was like "how about instead of selling all my stuff, I give you pennies on the dollar of what I owe you for a few years and we call it good?"
He's been dealing with some of the dumbest fucks on the planet (his viewers/listeners) for so long he thinks ridiculous shit like that works on everyone
Would you like $100 million now or $55 million later?
He could have at least tripled the offer in order to get a real shot. I expect they're invested in his fall, however.
I think his rock bottom is to be the kept creature of some Russian oligarch.
Do it.
Tired of seeing these wingnuts get away with murder or just refuse to comply with court orders.
Unfortunately I think we have a ton more of that still to see
https://en.wikipedia.org/wiki/Guillotine
oops how did that link get there
"I am not good with computer"
Pushing buttons not for you? That's fine. How do you feel about pulling levers?
Sandy Hook families holding about $1.5 billion in defamation judgments [...] a competing plan submitted by Jones that would allow him to reorganize by preserving parts of his media empire and paying the group at least $5.5 million a year over 10 years
Literally pennies on the dollar.
His house in Austin, that he bought for a couple million dollars, he sold to his wife in 2022 for the grand total of ten dollars. They're going to claw that back from him for trying to hide it. And then they're going to force him to sell it because Texas bankruptcy law only keeps your house in a city or town safe from bankruptcy seizure if it's one acre or less. And the lot his house is on is 1.089 acres - such a shame!
Sandy Hook families holding about $1.5 billion in defamation judgments [...] a competing plan submitted by Jones that would allow him to reorganize by preserving parts of his media empire and paying the group at least $5.5 million a year over 10 years
What's the difference between 1.5 billion and 5.5 million? About 1.5 billion.
Sandy Hook families holding about $1.5 billion in defamation judgments [...] a competing plan submitted by Jones that would allow him to reorganize by preserving parts of his media empire and paying the group at least $5.5 million a year over 10 years
Why did you omit the part where they didn't accept that plan? Those ellipses did some heavy lifting.
It really is the best part, because he's trying to weasel out of it saying "if you want money I've got to keep the machine running to make more" but the families holding him accountable are setting his everything on fire telling him it was never about the money, and that's awesome. He was hoping greed would save his ass but here he is in the hands of people who want real justice - the dismantling of the very machine he used to do harm.
Also there may be state specific differences, but the transfer of his assets to his wife only is called a "fraudulent conveyance" and is still able to be obtained to the debtors. Also it was a dick move and requires more lawyers.
I don’t know what’s funnier; Alex Jones’s estate being liquidated to pay back the families of his victims, or Mike Lindell being forced to pay the $5 million “prize” he offered to disprove his election fraud lies, and then was sued because he refused to pay it after he was easily disproven.
God damn it’s a good week for honesty.
Bbbbbbb but, what about his freedom of speech!!!! I hope that he finds complete misery and hopelessness after the things he's done to those families.
Every time someone asks me the difference between free speech and freeze-peach, I just point to this asshole.
We should do this more. Liquidate bad wealthy people's assets and distribute it to those they have harmed.
Granted that hasn't happened here yet, but I hope it does.
Good, Break him, sell his company.
Dissolve the board of directors.
Sandy hook parents can choose what kind of acid to use.
This is like the best news day in ages.
(Sorry, I'm out of Rikers and need a refill. Two Rikers in an hour is just too many and I already used up the two I had.)
This dude has got to be hiding gold somewhere, now they just need to find out where.
I don't know, if I was him, I wouldn't trust gold considering all the gold scam ads Infowars runs.
Same thing gonna happen to trump
We can only hope. If we're really good this year maybe Santa will bring us the same thing for another one of these disgusting wastes of oxygen like Tucker Carlson or MTG.
So I hear organs can usually fetch some good money... Just a random, totally unrelated thought I had.
Alex Jones is a raging alcoholic. Nobody's interested in those vodka marinaded organs. You can pick a random episode of the Knowledge Fight podcast and there's a damn near 50/50 chance the episode of Info Wars they're going to be tearing apart will culminate with a drunken, crying, screaming, Alex Jones temper tantrum.
Can't wait for Knowledge Fight to cover this. Last episode largely involved AJ not being present in thebstudio due to "having to deal with some bankruptcy matters"
Awe c'mon. He was just speeching! Isn't speeching protected? Don't unfree his speech, why you hate liberdom and freedity?
This is Great... Unfortunately this is too little too late ...
He's already moved out every asset he owns from under his control to other sources. They've given this man too much time to make himself appear "Virtually" as pauper on paper. He'll go to prison before he ever gives them a cent.
That's what makes auditors so damn cool yet scary. They can trace that shit.
Forensic auditors are scary. However, given the caliber of people Alex Jones surrounds himself with, I have a sneaking suspicion it wouldn't be particularly difficult to untangle his finances (relatively speaking).
Yeah, that's not as hopeless as you think. They can easily track what he did to obviously hide his assets in the time since the judgement and still seize them from the parties who now could face charges for accepting them.