Particle.news

Download on the App Store

Kevin Jonas Reveals He Nearly Went Broke as Brothers Prep 20th Anniversary Tour

He says losing 90% of his fortune to a bad partnership during the hiatus taught him hard lessons that will guide the Jonas Brothers’ upcoming anniversary tour preparations

Image
Image
Jonas Brothers - Kevin Jonas 2025 New Year's Eve in Times Square, New York, USA - 31 Dec 2024
Image

Overview

  • On The School of Greatness podcast, Jonas disclosed that a failed investment partnership about nine years ago drained him of nearly 90% of his wealth
  • He invested in real estate through his firm JonasWerner (which filed for bankruptcy in 2018), launched the Yood food app and partnered with tech startup We Hear It during the band’s hiatus
  • Jonas credits those financial setbacks with reshaping his approach to money, business and life
  • The group’s official 2019 reunion and their album Happiness Begins enabled him to rebuild both his finances and professional confidence
  • To mark their 20th year, the Jonas Brothers will release a new album on August 8 and kick off the Jonas20: Living the Dream Tour on August 10