The technology entrepreneur, who owns 100% of the business, will launch six shops in London, Birmingham, Aberdeen, Manchester, High Wycombe and St Albans before re-opening another 30 in April.
Jones has taken on the role of chairman and chief executive and invested £4m in revitalising Jessops stores.
The re-vamped branches include new features such as 'play tables' giving customers 'an interactive experience' of products, an academy offering photography courses and buy online, collect in store services.
It was believed that Jones originally intended to focus on an online only brand but after being contacted by former employees he decided to push forward with re-opening high street stores.
He will intially create 500 jobs, many of whom are ex-Jessops staff, and forecasts sales of £80m in the first year of trading. This would give the retailer 15% of the DSLR camera market in the UK.
Jones said: "Britain's high street is fighting back - the facts show it, and I am giving my personal commitment to its resurgence by re-opening the doors of one of Britain's most historic retailers.