Kevin Jonas Recounts Near-Bankruptcy After Band Split

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.