Kevin Jonas is opening up about one of the lowest points in his life — losing nearly all his money during the Jonas Brothers’ hiatus.
The 37-year-old singer made the revelation on the School of Greatness podcast with Lewis Howes, explaining that a string of bad business decisions during the band’s break from 2012 to 2019 wiped out the majority of his wealth.
“I’ve seen the beginning of success to financial success — not knowing what money really was, to not having it, to losing almost all of it,” Kevin shared candidly.
When Lewis asked if he truly lost everything, Kevin confirmed: “Yeah, most of it. Like, down to the one 10 percent left.”
Kevin blamed “bad business deals” he entered into around nine years ago, particularly involving real estate investments. “I invested in a bunch of property… sadly, it just wasn’t the right partnership,” he said, adding that legal reasons prevent him from going into full detail.
During the Jonas Brothers’ hiatus, Kevin pivoted to entrepreneurship, launching a custom home-building company called JonasWerner, and also ventured into tech startups like Yood and We Hear It. Despite these efforts, he admits most of them didn’t yield the results he hoped for.
Through it all, Kevin credits the experience for reshaping his outlook on money and life. “I learned this lesson — never wanted to learn it, but I did,” he said. “I reevaluated how to approach life and look into the future. I was honoured that we could have a second shot at it.”
That second shot came in 2019 when the Jonas Brothers — Kevin, Joe, and Nick — reunited. But it wasn’t an easy road back. Joe, also appearing on the podcast, revealed that rebuilding trust was key to their reunion.
“We call it a breakup, but we had no intent of getting back together,” Joe said. “There was too much under the rug to roll up… We had to trust each other a bit more.”
Now, with a stronger bond and renewed purpose, the brothers have learned to share everything — including the spotlight, studio time, and money.
Kevin, who shares two daughters with wife Danielle, says he’s moving forward wiser and more intentional, having emerged from the shadows of financial loss with a deeper appreciation for what truly matters.
