Overview

• On the July 7 School of Greatness podcast, Jonas revealed that a series of “bad business deals” around nine years ago left him with only 10% of his net worth.
• He attributed the bulk of his losses to a failed partnership in his JonasWerner residential development company launched during the band’s 2013–2019 hiatus.
• Additional stakes in tech startups—such as the food app Yood and the social platform We Hear It—also underperformed and deepened his financial woes.
• The Jonas Brothers’ 2019 reunion and the chart-topping success of Happiness Begins enabled Jonas to fully recoup his losses.
• He says those setbacks reshaped his business perspective and inspired a more measured approach to future entrepreneurial and collaborative efforts.