The eldest member of the sibling trio revealed that his funds were drained from an unsuccessful investment partnership that followed the Jonas Brothers breaking up in 2013
Jonas Brothers worked out their differences just in time for Kevin Jonas to save himself from financial ruin. During a recent appearance on Lewis Howes’ podcast The School of Greatness, the eldest member of the sibling trio revealed that his funds were drained from an unsuccessful investment partnership that followed the band’s breakup in 2013.
“I invested in a bunch of property and doing other things and I was building at the time. Sadly, it wasn’t the right partnership, if you know what I’m saying,” Jonas said. While his money wasn’t completely cleared out, he added, he did lose “most of it, like, down to the one 10 percent left.” It was a stark contrast to his previous reality. “I’ve seen the beginning of the success to financial success — not knowing what money really was and understanding it — to not having [it], to losing almost all of it,” he said.
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The Jonas Brothers were broken up for five years before coming back together with Happiness Begins. The band has been consistently touring ever since and are currently celebrating their highs and lows on their milestone 20th anniversary tour. “Thankfully for life in general, like we had a second shot and bite at the apple with the band coming back together,” Kevin said. “It was kind of fortuitous in a way.”
The band triggered their fanbase’s PTSD earlier this year with a letter that made it sound as though they were calling it quits once again. “To Our Incredible Fans,” the note began. “As a family, we have been reflecting a lot lately… It’s been 20 years since we started this journey together.” It turned out that the Jonas Brothers were just teasing their plans for 2025. “Here’s to the next 20 years, and here’s to doing it together,” they said. “The best is yet to come.”
