Kevin Jonas recently revealed he lost almost all his money following the Jonas Brothers’ breakup in 2013. Speaking on The School of Greatness podcast with brothers Nick and Joe, Kevin, 37, admitted that a string of bad business decisions left him with just 10% of his finances.

“I didn’t understand money and ended up losing nearly all of it,” he said, explaining that a failed real estate partnership about nine years ago was the main cause. Though he declined to share specifics, Kevin said the experience taught him valuable lessons.

Fortunately, the band’s 2019 reunion gave him a second chance. “It was kind of a blessing,” he shared, noting that the comeback allowed him to apply what he’d learned and approach the industry differently.

The Jonas Brothers initially rose to fame in the mid-2000s but split in 2013. During the break, Kevin focused on entrepreneurial ventures, including tech startups and influencer marketing.

Their 2019 return, marked by the album Happiness Begins and the Amazon documentary Chasing Happiness, helped them reconnect personally and professionally. “It was like therapy,” Kevin said of making the film. “We finally had the real conversations we needed.”

Read Another Story – Chris Brown’s ‘Sensational’ Featuring Davido & Lojay Hits 1 Million Sales in U.S.