Kevin Jonas Recounts Near-Bankruptcy After Band Split
Kevin Jonas Recounts Near-Bankruptcy After Band Split

Kevin Jonas Recounts Near-Bankruptcy After Band Split

News summary

Kevin Jonas, the eldest Jonas Brother, revealed he nearly lost his entire fortune after the band's 2013 split due to failed investments in luxury real estate and tech startups like Yood. On 'The School of Greatness' podcast, Jonas shared he was down to his last 10% of savings, attributing losses to poor partnerships and financial inexperience. During the hiatus, while Nick and Joe Jonas remained public, Kevin focused on business ventures, founding JonasWerner and The Blu Market, though not all were successful. The Jonas Brothers' 2019 reunion provided Kevin a second chance to reassess his priorities and finances. Now, the band is preparing both a 20th anniversary tour and a new album release. Kevin's experience highlights how even celebrities face serious financial challenges when entering unfamiliar business fields.

Story Coverage
Bias Distribution
50% Right
Information Sources
8898edb7-31c0-4c9c-856f-372e91a6cb1c605a98c4-d25e-430b-86c1-9232b14faa6b
Left 50%
Right 50%
Coverage Details
Total News Sources
2
Left
1
Center
0
Right
1
Unrated
0
Last Updated
22 hours ago
Bias Distribution
50% Right
Related News
Daily Index

Negative

26Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage

Related Topics

Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Present

Gift Subscriptions

The perfect gift for understanding
news from all angles.

Related News
Recommended News