Alex Jones Likely Doesn’t Have $1 Billion. He Does Own Five Homes In Texas, Though.October 13, 2022 – Media Mention
Bankruptcy, Reorganization & Capital Recovery Chair, Brian Davidoff, spoke with Forbes about the recent $965 million that Alex Jones was ordered to pay to Sandy Hook Victims' families in the article "Alex Jones Likely Doesn’t Have $1 Billion. He Does Own Five Homes In Texas, Though." published on October 13, 2022.
“If he’s got five homes, not all of them are going to qualify [for an exemption],” says Davidoff, adding that “maybe one” of Jones’ homes could be protected by this rule. Apart from the exemption law, “all the other assets will be available for the judgment.”
There’s not really anywhere to turn for Jones unless his appeal against the verdict is successful, says Davidoff. This judgment is “something that will be there for the rest of his life,” says the attorney, who estimates that much of the $965 million judgment likely won’t be paid. Nonetheless, “It’s going to impact his livelihood indefinitely.”