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Kevin Jonas, like so many younger stars and boy band alums, misplaced “almost all” of his wealth.
Lately, Joe has made headlines for his extremely publicized divorce. He additionally loved a profitable solo profession.
Nick, the most well liked of the brothers, additionally enjoys the very best popularity. He has completed extraordinarily effectively for himself, as effectively.
Poor Kevin, sadly, has by no means loved the recognition or fanbase of both brother. He has additionally gone by means of hardships and discovered painful classes alongside the way in which.
In July of 2025, Kevin Jonas revealed a devastating monetary loss that taught him a “hard lesson” after the band broke up. (Picture Credit score: YouTube)
This isn’t the primary time that folks have felt sorry for Kevin Jonas
In the course of the Monday, July 7 episode of Lewis Howes’ The College of Greatness podcast, Nick, Joe, and Kevin Jonas spoke about their journey from The Jonas Brothers to now.
“I’ve seen the beginning of the success to financial success, not really knowing what money was and understanding it,” recalled the eldest brother.
Kevin continued, noting that he’d gone the entire means “to not having [it], to losing almost all of it.” Oh no!
The Jonas Brothers broke up in 2013. Nonetheless, Kevin revealed that the monetary disaster occurred “about nine years ago.” That may have been round 2016, give or take.
Based on Kevin, all of it got here down to at least one “bad business deal.”
The Jonas Bro of least notice admitted that he misplaced “most of it,” detailing that he at one level discovered himself “down to ten-percent left” of his fortune. Yikes!
The Jonas Brothers gathered for a podcast chat in 2025. (Picture Credit score: YouTube)
How did Kevin lose nearly all of his fortune?
“Invested in a bunch of property and doing other things I was building at the time,” Kevin Jonas defined.
“Sadly, it wasn’t the right partnership, if you know what I’m saying,” he added vaguely. “Can’t really get too much into it.”
After showing to indicate that there was or nonetheless is authorized motion over this, Kevin continued: “But the sad part of it is I’ve learned a lot of lessons in that.”
Kevin Jonas of Jonas Brothers performs throughout a cease of the group’s 5 Albums. One Night time. The World Tour. at MGM Grand Backyard Area on September 08, 2023. (Picture Credit score: Bryan Steffy/Getty Photographs)
In 2019, the Jonas Brothers loved a well-liked and profitable reunion. This gave Kevin a second likelihood.
“Thankfully, for life in general, we have a second shot and bite at the apple with the band coming back together,” he shared.
Reflecting upon the ache of monetary loss, Kevin opined: “It was fortuitous in a way. I learned this lesson — never wanted to learn it — but then at the same time, reevaluated how to approach life.”
Kevin Jonas, Joe Jonas, and Nick Jonas of Jonas Brothers carry out throughout a cease of the group’s 5 Albums. One Night time. The World Tour. at MGM Grand Backyard Area on September 08, 2023. (Picture Credit score: Bryan Steffy/Getty Photographs)
That’s so scary!
Individuals residing paycheck to paycheck would possibly “lose” 90% of their wealth frequently, as a result of they have to spend their cash to outlive.
In distinction, your common center class household shedding 90% of their cash would probably be as a consequence of medical debt or sudden financial disaster — and will shatter their lives endlessly.
One of many many beneficial issues about being rich and profitable, even for a short while, is that failures and money owed start to function on completely different guidelines. Not solely was Kevin’s remaining 10% probably some huge cash, however he had alternatives to rebuild his funds that most individuals won’t ever expertise.
We’re certain that it was scary within the meantime, nevertheless. We’re glad that he seems like he’s doing higher today.
