Kevin Jonas claims he lost 'almost all’ of his money after the Jonas Brothers' 2013 hiatus

Kevin Jonas talks about his financial troubles

The Jonas Brothers, Kevin, Nick, and Joe, have captivated fans for years, but their hiatus marked a heartbreaking chapter for both the band and their devoted followers. However, the hiatus affected Kevin Jonas the most.

During his recent appearance at Lewis Howes’ The School of Greatness podcast alongside his brothers Nick Jonas and Joe Jonas, Kevin talked about his financial loss. He admitted that he lost almost everything because of the business deals he had made when he was young.

Kevin admitted, “I’ve seen the beginning of the success to financial success, not knowing what money really was and understanding it, to not having [it], to losing almost all of it.”

He then reconfirmed that he lost almost his money, adding, “Yeah, most of it, like, down to the one 10 percent left.”

The singer then claimed that his bad partnership led to the financial trouble, adding, “I invested in a bunch of property and doing other things and I was building at the time. Sadly, it wasn’t the right partnership, if you know what I’m saying.”

Kevin then stopped himself from elaborating, saying that he couldn’t share any more details. He did add, though, that he “learned a lot of lessons” from the experience.

Also Read: The Great Kapil Sharma Show promo: Kapil Sharma jokes about Jaideep Ahlawat’s ‘cop-like’ presence as Vijay Varma, Pratik Gandhi join the fun

Kevin further noted that he learned from his experience and claimed that Jonas Brothers’ reunion was his second big shot.

For the unversed, the Jonas Brothers hit stardom in beginning in 2005, when they embarked on their first tour. The band released their debut album, It's About Time, in 2006 and starred in Disney's Camp Rock in 2008.

However, the band announced their brief disbandment in 2013. During the five-year hiatus, the trio Kevin, Joe and Nick focused on their personal projects.