Overview
- He revealed on Lewis Howes’s The School of Greatness podcast that bad partnerships left him with just 10 percent of his former wealth.
- His losses stemmed from property development through his JonasWerner firm and stakes in tech startups Yood and We Hear It.
- The financial collapse unfolded during the Jonas Brothers’ 2013–2019 break and preceded their comeback with the album Happiness Begins.
- Jonas said the ordeal taught him crucial lessons in financial literacy, due diligence and the risks of celebrity entrepreneurship.
- He credited the band’s reunion for giving him a second chance that powered both his creative revival and financial recovery.