Kevin Jonas recently lost “almost all” his money following the Jonas Brothers’ 2013 split after a few business deals went sour via TMZ.
The eldest Jonas Brother didn’t hesitate to discuss his financial struggles while appearing with his siblings on “The School of Greatness” podcast this week. He revealed that he has experienced both the highs and lows that come with fame and money.
Well he’s not lying when he said he nearly lost the entirety of his bank account and claimed it was down to its last 10% before he got things under control.
He didn’t go into the ugly details. However, he gave a general understanding of what went down, explaining … “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?”
Hey, he’s ‘Only Human!’
Fortunately, Kevin’s piggy bank weathered the drought, and he credits the Jonas Brothers’ reunion in 2019 with helping him regain his financial footing. He has learned several valuable financial lessons from this experience.
Now, Kevin is getting ready to hit the road again with his brothers, Joe and Nick, to celebrate the band’s 20th anniversary.
Their “Jonas20: Living the Dream” tour kicks off on August 10th in New Jersey and wraps in November in Connecticut.