Alex Jones received an order to pay $4.1 million in damages to the parents of the Sandy Hook shooting victim after a Texas jury ruled that he erroneously claimed the shooting was a hoax, Reuters reported.
The verdict followed a two-week trial in Austin, Texas, where the American media personality and author is based.
We take a look at his net worth in 2022 amidst the latest reports.
Alex Jones ordered $4.1 million in damages
On Friday (August 5), a Texas jury ordered Alex Jones to pay $4.1 million in compensation to the family of a first-grader who died in the 2012 Sandy Hook school shooting.
Mark Bankston, a lawyer for the victim’s parents, told CNN that the family was “happy” with the verdict.
“Having already received $1.5 million in fines from Mr Jones, the plaintiffs now owe the $5.6 million that Alex Jones will have to pay,” Bankston said. “Neil and Scarlett are pleased with the result and look forward to putting Mr Jones’ money to good use.
On the other hand, Mr. Jones will not sleep easily tonight. With disciplinary awards still pending and multiple additional defamation cases pending, it is clear that Mr. Jones’ time on the American stage is finally coming to an end.”
CNN reported that Jones described the jury’s verdict as a “huge victory for the truth” in a video on his Infowars outlet.
“They thought they were going to shut us down,” Jones says in the video. But that jury understood the truth and resisted the publicity.
Inside Alex Jones net worth
According to Celebrity Net Worth, the radio host has a net worth of $10 million as of 2022.
Jones gained nationwide popularity with his radio show, The Alex Jones Show, which he hosts from Austin, and his online platform Infowars.
The ruling comes a week after Infowars’ parent company Free Speech Systems declared bankruptcy, according to The Washington Post.
The same CNN report notes that Jones’ accountant testified that Jones withdrew about $62 million from free speech systems over a 14-year period. They added that about $30 million of that amount was paid to the IRS.
In April of this year, Infowars and two other Jones companies filed for bankruptcy protection. At the time, the bankruptcy filing delayed the start of the trial.
More about reports
After Friday’s ruling, Jones spoke about how to pay punitive damages to the victim’s family.
“That’s more money than my company or I personally own, but we’re going to try to make up for it there,” Jones said at Infowars, the News Times reports.
He continued, “What I did to these families was wrong, but I didn’t do it on purpose. We’re in bankruptcy, we’re all maxed out. If you don’t fund us, if you don’t buy products, we’ll close our doors.”
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