Kevin Jonas reveals how he lost nearly all his money following the Jonas Brothers’ split and how he managed to bounce back.
Kevin Jonas, a member of the famed band the Jonas Brothers, surprised fans by revealing he lost nearly his entire fortune after the group parted ways in 2013. In a recent interview on the podcast ‘The School of Greatness‘ with Lewis Howes, Kevin shared previously unknown details about the financial difficulties he faced after the band broke up.
At 37, Kevin admitted that in his younger years, he made poor business decisions that led to the loss of most of his money. He explained that he had invested in real estate and other ventures that didn’t go as planned due to a bad business partnership. Despite the financial crisis, Kevin emphasised that the experience taught him valuable lessons about money management and success.
The financial impact was so severe that Kevin claimed he had lost around 90% of his income at the time. However, the story didn’t end there. With the Jonas Brothers’ comeback in 2019, Kevin was able to apply those lessons and take a more mindful, strategic approach to his career and personal finances.
The band, which had enjoyed global success since their first tour in 2005, including albums and films with Disney, took a break in 2013. During the five-year hiatus, each brother pursued individual projects, and Kevin explored new business opportunities, including launching a company to support influencers and investing in tech.
The return of the Jonas Brothers was warmly welcomed by fans and cemented with the release of their album ‘Happiness Begins‘ and a documentary chronicling their journey. Kevin also noted that producing the documentary Chasing Happiness was key to the band’s emotional recovery, as it allowed them to confront their differences and heal through honest conversations.
Kevin Jonas’s story of resilience and financial recovery not only reveals the human side behind fame but also offers an important lesson in facing loss and reinventing oneself in the business and creative world.
