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FinanceAlex Jones

Infowars is going on the auction block

By
Chris Morris
Chris Morris
Former Contributing Writer
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By
Chris Morris
Chris Morris
Former Contributing Writer
Down Arrow Button Icon
September 25, 2024, 11:36 AM ET
Infowars founder Alex Jones.
Infowars founder Alex Jones. Joe Buglewicz—Getty Images
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Infowars, the media platform founded by conspiracy theorist Alex Jones, is going up for bids starting in November.

U.S. Bankruptcy Judge Christopher Lopez in Houston said during a court hearing Tuesday that he will approve the auctions of the company and its assets, which will be sold off piece by piece. The money raised from those sales will be used to help pay the more than $1 billion Jones owes relatives of victims of the Sandy Hook Elementary School shooting after losing an emotional distress case in 2022.

Jones, who had repeatedly claimed the school shooting was a hoax, filed bankruptcy after that verdict, but has continued to spend heavily.

Jones plans to continue broadcasting his talk shows via other methods, including, perhaps, social media and a new website. Additionally, he encouraged fans to make the high bids at the auction, which would let him continue using the Infowars brand, only as an employee.

“The website, the equipment, the shopping cart, all that, can be sold,” Jones said on a recent show. “And they know full well that there are a bunch of patriot buyers, and then the operation can ease on.”

Before the liquidation auctions can begin, though, Judge Lopez said he must first change an existing order to clarify that the trustee overseeing the bankruptcy case controls all of the assets of the Infowars parent company, called Free Speech Systems.

That trustee is looking to broaden the sale of Jones’s assets, including his personal social media accounts, additional intellectual property, and personal property, which Jones and his attorneys have opposed and may result in another court battle. Jones has roughly $9 million in personal assets, according to court filings.

A second round of auctions for Infowars assets, including computers, video cameras and more, will be sold at a second auction on Dec. 10.

About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

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