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Kevin Jonas Says Bad Deals Cost Him 90% of His Fortune

He told Lewis Howes that legal constraints bar him from disclosing more about the failed ventures that depleted his assets

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Overview

  • On The School of Greatness podcast he said he lost almost all his money nine years ago and kept just ten percent
  • He blamed the financial collapse on a series of poor real estate and tech investments but was unable to share specifics due to legal limits
  • During the 2013 to 2019 hiatus he founded JonasWerner to build custom Manhattan-area mansions and backed startups like Yood and We Hear It
  • Jonas credited the trio’s 2019 reunion and their hit album Happiness Begins with providing both artistic revival and financial recovery
  • Brothers Joe and Nick Jonas reflected that time apart taught them to rebuild trust share creative control and manage finances together