Kevin Jonas has revealed that he lost almost all his money after the separation of Jonas Brothers in 2013. Speaking on Monday, July 7 at the School of Greatness Podcast of Lewis Hows, Kevin opened about how the decision of the poor trade broke them almost and the band’s reunion gave him a second chance.
Jonas Brothers, Kavin Jonas, who made up of Jonas and Nick Jonas, arose for fame in the mid -2000s. He released his first album, It About Time, 2006 and starred at Disney’s Camp Rock in 2008. By 2013, the band decided to call it Quits.
“When it was finished, it was not good,” Nick Jonas said in an interview with the Z100 in an interview in 2019. “It was a few years of reconstruction of our family, and in our mind it seemed impossible for us to do so again.”
Kevin tried his hand at real estate and tech
During the break, Kevin Jonas focused on entrepreneurial undertakings. He invested in real estate through his company, Jonasavner, who was developing residential properties near Manhattan according to people. He also entered Tech World, launched the restaurant-sharing app war and partnered with social media platforms, we get it. Kevin also run a blue market, helping social media affected to make his brand.
But Kevin admitted on podcast that not all deals worked. Kevin said, “I have seen the beginning of success for financial success, not know what was really money and understanding it, (not), to lose almost everyone,” Kevin said.
Host Lewis Hovs asked if he really loses almost everything. Kevin confirmed, “Yes, most of it, eg, one, was left 10 percent.”
He said that the main loss came from a failed partnership about nine years ago. Kevin said, “I invested in a group of assets and were doing other things and at that time I was building.” “Sadly, it was not the right partnership, if you know what I am saying.” He chose not to share more details, but he said that he learned a lot of lessons.
Another chance with Jonas Brothers
Kevin said that he feels grateful to the return of the Jonas brothers, sharing that this helped them to fix both economically and personally. In 2019, Jonas Brothers revealed their reunion on the late show with James Cordon and to release Khushi starting in June, with their Amazon Prime Video Documentary Chasing Happiness.
Kevin shared that he got a second chance with the band coming back together and described the chase of happiness as a medical procedure for the brothers, as it forced him to have an honest conversation without holding him back.
Also read: Nick Jonas called Priyanka Chopra as ‘Amazing Teammet’ for raising daughter Malty Mary, praised the ‘saint’ nature of wife