Economist Testifies Alex Jones Could be Worth Up to $270 Million – One Day After He Begged Followers to Buy Products and Donate
An economist hired by attorneys for families of Sandy Hook victims testified Friday he assessed Alex Jones’ financial situation, and concluded he might be worth up to $270 million.
Jones was ordered to pay the families $4.1 million in compensatory damages Thursday after he was found liable for defaming them. The InfoWars founder claimed for years the Sandy Hook massacre never occurred and the children murdered never existed and had been portrayed by “crisis actors.”
The jury is currently considering how much Jones must pay in punitive damages.
On Thursday, Jones posted a video on his website wherein he pleaded with his followers to buy his products and chip in to keep InfoWars afloat.
On a video stream viewed by Mediaite, Jones said, “I admitted I was wrong [to spread false information about the Sandy Hook massacre]… I followed disinformation, but not on purpose. I apologized to the families.”
Jones railed against the $4.1 million he owed, and said he feared a much larger sum was coming.
“That’s more money than my company and I personally have,” he said. “We’re in bankruptcy right now…we can barely keep the crew employed.”
“If you don’t fund us, if you don’t buy products at Infowars.com, we will shut down. It’s your decision,” he claimed. “We are so broke that I’m not even worried about that $4.1 million.”
Per economist Bernard Pettingill, who was hired by the plaintiffs suing Jones, he is nowhere near broke, and has a net worth of nine figures.
On the stand Friday, Pettingill said he viewed records showing Jones withdrew $61.9 million in 2021, and conducted a full forensic audit of Jones’ other accounts and withdrawals.
“That number represents in my opinion a value – a value of Alex Jones’ net worth,” he said. “He’s got money put in a bank account somewhere. He had four accounts we know of at Security Bank.”
Pettingill, after discussion of other financial records, called Jones “a very successful man.”
When asked to give his estimate on Jones’ overall worth, Pettingill said the figure — including Jones’ own personal assets and the worth of his main company Free Speech Systems — was between $135 million and $270 million.
Watch above, via Law & Crime.
