- Conspiracy theorist Alex Jones filed for bankruptcy, but he wants to be paid $520,000 per year.
- His company proposed that it would make $30 million annually from selling dietary supplements.
- It also said it would keep around $560,000 for “executive incentive” bonuses every year.
Alex Jones’ media company has proposed a bankruptcy plan that would still allow him to be paid $520,000 per year.
This plan would also see the far-right conspiracy theorist and podcaster paying less than 4% of what he owes the families of the Sandy Hook victims, over the next five years.
Jones owes around $1.5 billion to the relatives of the Sandy Hook shooting victims. They sued him after he called the 2012 massacre a hoax and said the families of 20 murdered children were crisis actors.
Jones and his company, Free Speech Systems — which he fully owns — filed for bankruptcy separately in December and July, respectively.
As part of the bankruptcy proceedings, Free Speech Systems filed a reorganization proposal on Tuesday. In the proposal, the company said