Kevin Jonas recently opened up about the financial hardships he faced after the Jonas Brothers split in 2013, revealing that he lost nearly all his money due to a series of poor business decisions. Speaking candidly on Lewis Howes’ The School of Greatness podcast, he reflected on the difficult period that followed the band’s breakup and how the group’s eventual reunion gave him a much-needed second chance, both emotionally and financially.
The Jonas Brothers—Kevin, Joe, and Nick—were a defining act of the mid-2000s, skyrocketing to fame with their 2006 debut album It’s About Time and their roles in Disney’s Camp Rock in 2008. But by 2013, the trio decided to part ways. In a 2019 interview, Nick admitted that the split had serious personal consequences, saying it took years for the family to rebuild and that reuniting as a band once seemed impossible.
During the hiatus, Kevin turned his attention to entrepreneurship. He ventured into real estate through his company JonasWerner, focusing on residential developments near Manhattan. He also entered the tech space by launching Yood, an app for finding restaurants, and collaborating with the social media platform We Heart It. Additionally, he managed The Blu Market, a company aimed at helping social media influencers grow their personal brands. However, not all of these ventures succeeded. Kevin acknowledged on the podcast that he made a number of financial missteps, including entering into a major business partnership that ultimately failed.
He admitted to losing almost everything, saying he was left with only about ten percent of what he once had. He described how his lack of financial knowledge and experience played a big role in the downfall, particularly pointing to one investment in property and construction that didn’t go as planned. Though he chose not to disclose the full details, he emphasized that the experience taught him valuable lessons about money, risk, and the importance of choosing the right partners.
Fortunately, the Jonas Brothers’ reunion in 2019 offered Kevin a chance to rebuild. The group’s comeback was announced on The Late Late Show with James Corden, and they quickly followed it up with the release of their album Happiness Begins and the Amazon Prime documentary Chasing Happiness. Kevin expressed gratitude for the band’s return, explaining that it helped restore not only his financial stability but also his personal confidence. Making the documentary was also a healing process for the brothers, as it forced them to have open, honest conversations that brought them closer together after years of tension.
For Kevin, the reunion wasn’t just about restarting a music career—it was about redemption and growth. The tough years taught him humility and resilience, and getting back on stage with his brothers gave him a renewed sense of purpose and connection.
