Alex Jones Aims to Sell Ranch for $2.8 Million Amid Bankruptcy

Alex Jones wants to sell his Staples, Texas, ranch for $2.8 million to help cover the legal costs of his bankruptcy as he works to resolve litigation with families of Sandy Hook Elementary School shooting victims.

The families hold $1.5 billion in judgments against the right-wing conspiracy theorist, who was found financially liable after falsely claiming the 2012 shooting was a hoax. Jones asked the US Bankruptcy Court for the Southern District of Texas on Wednesday for permission to sell the 127-acre ranch to pay administrative expenses related to his Chapter 11 case.

EMS Ranch LLC entered a contract with Jones in April to buy the ranch as-is, which includes “portable buildings, game feeders, hunting blinds, tanks and gates” on the property, according to the Wednesday court filing. Jones said EMS isn’t an insider or an affiliate. The contract lists Steven Minor as the manager of EMS.

Jones said any remaining funds from the proposed sale could be used to make an initial payment to creditors if his bankruptcy plan is confirmed. Jones and Free Speech Systems LLC, the parent company of Jones’ media platform Infowars, will find out in June if their respective bankruptcy cases will be converted to liquidation proceedings or if they will be able to push through their own bankruptcy exit plans.

The net funds from the proposed sale would be placed in an escrow account, Jones said. The ranch was purchased less than four years ago for $1.3 million, according to his filing.

Jones filed for Chapter 11 in December 2022 following state court judgments in Texas and Connecticut. The families voted in February to liquidate Jones’ assets while preserving potential legal actions against Jones- and Infowars-affiliated entities.

A status conference in Jones’ bankruptcy is scheduled for May 21.

Crowe & Dunlevy PC represents Jones.

The case is In re: Alexander E. Jones, Bankr. S.D. Tex., No. 22-bk-33553, motion for property sale 5/1/24.