Kevin Jonas shocked fans this week by revealing he lost nearly 90% of his wealth during the Jonas Brothers’ hiatus—exposing how fame can evaporate without financial tools and guidance.
At a Glance
- Kevin Jonas says he lost 90% of his fortune after the band’s 2013 split due to poor investments and bad partnerships.
- Ventures he launched, including a residential development firm, the food app “Yood,” and a video-sharing platform, all failed.
- His construction company, JonasWerner, filed for bankruptcy in 2018.
- The Jonas Brothers reunion in 2019, and their No. 1 single “Sucker,” provided a crucial opportunity to rebuild his finances.
- Kevin considers this comeback a vital “second shot,” not just artistically but financially as well.
When Teen Stardom Isn’t Enough
On The School of Greatness podcast, Kevin Jonas admitted, “I lost most of it, like, down to the one 10% left” after launching into various entrepreneurial projects post-breakup (YouTube clip). He noted those ventures, launched with little business acumen, failed spectacularly—leaving him nearly penniless despite years of star-level income.
Business Flops and Fatal Missteps
Kevin’s ventures included the residential development firm JonasWerner, which ultimately went bankrupt in 2018. He also backed a food-discovery app named “Yood” and a video-sharing startup—both of which collapsed. He told The Hollywood Reporter on X: “I invested in a bunch of property … it just wasn’t the right partnership,” citing broken deals and naive ambitions (X-post summary).
Kevin Jonas recalls a period of his life when he lost “almost all” of his money. https://t.co/8tJEkzLuzt
— The Hollywood Reporter (@THR) July 10, 2025
These decisions followed his 2013 departure from the band, which Nick Jonas cited as due to “creative differences,” setting Kevin on a risky business path without proper guidance or expertise.
Watch a report: Kevin Jonas on Losing 90% of His Fortune
Reunion Was Financial Therapy
In 2019, the Jonas Brothers reunited and released Sucker, their first No. 1 hit in years. Kevin described the comeback as a financial lifeline—a chance to return from the brink. “We had a second shot and bite at the apple with the band coming back together,” he reflected. Now on their 20th-anniversary tour, the band’s financial rebound appears complete, but the episode remains a stark lesson in celebrity wealth management.
No war stories or political angles here—just a former child star exposing how quickly fortune can fade without financial foresight.