Before founding the New-York Daily Times Jones was an Albany banker. Upon Raymond's death in 1869, Jones took over as publisher. Between 1870 and 1871 the newspaper published a series of exposés that contributed to the downfall of Boss Tweed and his corrupt city government. Jones is interred in Sleepy Hollow Cemetery in Sleepy Hollow, New York.
It is also rumoured that George Jones was of Welsh descent.