Kevin Jonas lost almost all his money after the Jonas Brothers broke up in 2013. The singer says he learned a lot from that period and is grateful that the band reunited in 2019.
“I invested in a lot of real estate and other things and was building. Unfortunately, it wasn’t the right partnership, if you know what I mean,” Jonas says in Lewis Howes’ podcast The School of Greatness.
According to the musician, only 10 percent of his bank balance remained before he got his financial situation back under control. He does not say exactly how much money he lost.
The Jonas Brothers consist of brothers Kevin, Joe and Nick and started in 2005. They quickly became known for their performances on Disney Channel. The band took a break between 2013 and 2019, during which the brothers worked on solo projects.
In March, the Jonas Brothers announced a new tour to celebrate their twentieth anniversary. The tour, Jonas 20: Living the Dream, begins on August 10.