Todd Spangler NY Digital Editor Alex Jones, the Infowars far-right conspiracy figure who has been ordered to pay a staggering $1.5 billion to families of Sandy Hook victims over his lies about the deadly massacre, would receive a $520,000 yearly salary under a proposed bankruptcy plan his company submitted this week.
Jones’ Free Speech Systems, which is the parent company of online outlet Infowars, filed a Chapter 11 reorganization plan Tuesday with a bankruptcy court in Texas.
Under the proposal, which requires court approval, Jones’ company expects it would have $7 million to $10 million per year after expenses to pay creditors, including the Sandy Hook families.
The AP reported that the filing shows Jones and an “expected new chief operating officer” would each be paid $520,000 per year; in addition, Free Speech Systems would pay between $560,000 and nearly $1.3 million per year in executive incentives and another $352,000-$677,000 in annual employee bonuses.
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