> A lawyer for Scarlett Lewis and Neil Heslin, whose 6-year-old son Jesse Lewis died in the 2012 attack, presented records on Wednesday showing that Infowars made more than $800,000 a day at one point in 2018 (Mr. Jones said the amount stemmed from a particularly lucrative period during the Conservative Political Action Conference).
> Bernard Pettingill, Jr., a forensic economist and former economics professor at the Florida Institute of Technology, testified on Friday that Mr. Jones “is a very successful man” and that his and Free Speech Systems’ combined net worth likely fell between $135 million and $270 million.
> Business records released during the proceedings indicate Mr. Jones has reaped more than $50 million annually selling diet supplements, gun paraphernalia, body armor and doomsday prepper gear by hawking conspiracy theories to millions listening to his radio and online show. Jesse Lewis’s parents are requesting $150 million in compensatory damages. More important than money, Ms. Lewis said on Tuesday, “I hope to accomplish an era of truth.”
The $815k/day appears to be the average of a peak reporting period. A more reasonable number is that it was getting $125k/day profit overall and it had one week were it made 6x that amount.
> The $815k/day appears to be the average of a peak reporting period. A more reasonable number is that it was getting $125k/day profit overall and it had one week were it made 6x that amount.
Great point - thanks for the clarification!
As for the total amount of profit, yeah, that's still absurd - $125k a day in profit for a sustained period of time.
I think that's nearly as much as the highest paid soccer player in the world makes in pre-tax salary. Think about that for a moment. A guy who spreads conspiracy theories in one country aimed at a small portion of the population makes more in a day than the highest paid athlete in the world's most popular sport.
> A lawyer for Scarlett Lewis and Neil Heslin, whose 6-year-old son Jesse Lewis died in the 2012 attack, presented records on Wednesday showing that Infowars made more than $800,000 a day at one point in 2018 (Mr. Jones said the amount stemmed from a particularly lucrative period during the Conservative Political Action Conference).
> Bernard Pettingill, Jr., a forensic economist and former economics professor at the Florida Institute of Technology, testified on Friday that Mr. Jones “is a very successful man” and that his and Free Speech Systems’ combined net worth likely fell between $135 million and $270 million.
And chasing links... https://www.nytimes.com/2022/08/02/us/politics/alex-jones-tr...
> Business records released during the proceedings indicate Mr. Jones has reaped more than $50 million annually selling diet supplements, gun paraphernalia, body armor and doomsday prepper gear by hawking conspiracy theories to millions listening to his radio and online show. Jesse Lewis’s parents are requesting $150 million in compensatory damages. More important than money, Ms. Lewis said on Tuesday, “I hope to accomplish an era of truth.”
The $815k/day appears to be the average of a peak reporting period. A more reasonable number is that it was getting $125k/day profit overall and it had one week were it made 6x that amount.
This is still nothing to scoff at.