Latest news with #Yood
Daily Mail
09-07-2025
- Entertainment
- Daily Mail
One of the Jonas brothers admits he almost went BROKE from bad business deals over 10 years ago
revealed he lost 'most of' his money in bad business deals in the six years before his boyband Jonas Brothers miraculously reunited in 2019. But during the seemingly permanent break, the 37-year-old lead guitarist had formed his own residential development company JonasWerner, created the food app Yood, and partnered with the video-sharing app We Heart It. On Monday, Kevin (born Paul Jr.) admitted on Lewis Howes' podcast The School of Greatness that he lost 'most of it, like, down to the one 10% left' back in 2016. 'I invested in a bunch of property and doing other things and I was building at the time and, sadly, it just wasn't the right partnership if you know what I'm saying. [I] can't really get too much into it,' Jonas confessed. 'But the sad part of it is I've learned a lot of lesson in that. And thankfully for life in general, we had a second shot and bite at the apple with the band coming back together and actually it was kind of fortuitous in a way I learned this lesson.' The backing vocalist continued: '[I] never wanted to learn it but I did. But then, at the same time, [I] re-evaluated how to approach life from that perspective and looking to the future and at the same time [I] was able to really feel honored that we could have a second shot at it.' Unlike his younger brothers Nick and Joe, Kevin has the added responsibility of raising two daughters - Alena, 11; and Valentina, 8 - from his 15-year marriage to Danielle Deleasa. Jonas and the 38-year-old former hairdresser originally met in 2007 while on vacation in the Bahamas. On April 14, the married couple made a hefty $1M profit after successfully selling their five-bedroom New Jersey mansion for $2.7M after five years of living there - according to The U.S. Sun. The two-time Grammy nominees will release their seventh studio album Greetings from Your Hometown on August 8. The Jonas Brothers will then kick off their 52-date Jonas20: Living the Dream Tour, in honor of the band's 20th anniversary, on August 10 at MetLife Stadium in East Rutherford, NJ. The pop trio - who were catapulted by the Disney Channel - technically originated as a solo project for Nick before the siblings began writing songs together. Jonas Brothers - founded in 2005 - currently average 18.5M monthly listeners on Spotify and they've sold over 20M records worldwide. On Monday, Kevin (born Paul Jr.) admitted on Lewis Howes' (pictured) podcast The School of Greatness that he lost 'most of it, like, down to the one 10% left' back in 2016 Jonas confessed: 'I invested in a bunch of property and doing other things and I was building at the time and, sadly, it just wasn't the right partnership if you know what I'm saying. [I] can't really get too much into it' The backing vocalist said: 'But the sad part of it is I've learned a lot of lesson in that. And thankfully for life in general, we had a second shot and bite at the apple with the band coming back together and actually it was kind of fortuitous in a way I learned this lesson' Kevin continued: '[I] never wanted to learn it but I did. But then, at the same time, [I] re-evaluated how to approach life from that perspective and looking to the future and at the same time [I] was able to really feel honored that we could have a second shot at it' 'I look at a band like ourselves as a startup,' Kevin mused. 'You've got you have you start in your garage, you're making music, you build your product, you go out, you get an investor. My dad was our lead investor. He supports you. You start to go on the road and all of a sudden you get a second investment and that's the label and then you have distribution.' Jonas continued: 'So, it's nice to be able to have a teammates with these guys and our management team that has been with us for so long. And I think we're a good unit now and sometimes it takes time to make decisions and I think that's okay.'
Express Tribune
09-07-2025
- Business
- Express Tribune
Kevin Jonas lost ‘most' of his money during Jonas Brothers hiatus due to bad investments
Kevin Jonas is opening up about the financial rollercoaster he faced while the Jonas Brothers were on hiatus, and it wasn't pretty. During a revealing appearance on The School of Greatness podcast, the 37-year-old musician admitted that a series of bad business decisions nearly wiped out his fortune. 'Most of it, like, down to the one 10 percent left,' he confessed when asked how much he lost during the break from the band. The losses stemmed mainly from failed investments, including a risky venture into luxury real estate. Jonas co-founded a development company called JonasWerner, which focused on high-end properties in Manhattan, but it turned out to be a partnership that didn't pan out. 'It wasn't the right partnership,' Kevin said, choosing not to delve into the legal or personal details. And that wasn't all, he also backed a now-defunct food discovery app called Yood during the break, which failed to gain traction. Kevin didn't offer a complete breakdown of every dollar lost, but the tone was clear: his hiatus hustle backfired. 'I was trying to do something meaningful during the break. I had the right intentions, but I didn't have the right guidance.' Despite the financial setback, Kevin is bouncing back. With the Jonas Brothers now back on the road and reconnecting with fans worldwide, he's refocused on music, and likely, a bit more cautious with business ventures. The lesson? Even pop stars with chart-topping hits can find themselves deep in the red if the wrong investment comes knocking.
Pink Villa
09-07-2025
- Entertainment
- Pink Villa
Kevin Jonas Lost ‘Almost All' His Money After Jonas Brothers' 2013 Split, Here's How He Bounced Back
Kevin Jonas has revealed that he lost almost all of his money after the Jonas Brothers split in 2013. Speaking on Lewis Howes' The School of Greatness podcast on Monday, July 7, Kevin opened up about how poor business decisions left him nearly broke and how the band's reunion gave him a second chance. The Jonas Brothers, made up of Kevin Jonas, Joe Jonas, and Nick Jonas, rose to fame in the mid-2000s. They released their debut album, It's About Time, in 2006 and starred in Disney's Camp Rock in 2008. By 2013, the band decided to call it quits. 'When it ended, it was not good,' Nick Jonas said in a 2019 interview with Z100. 'It was a couple of years of rebuilding our family, and in our mind it seemed impossible for us to do this ever again.' Kevin tried his hand at real estate and tech During the break, Kevin Jonas focused on entrepreneurial ventures. He invested in real estate through his company, JonasWerner, developing residential properties near Manhattan, as per PEOPLE. He also entered the tech world, launching the restaurant-finding app Yood and partnering with social media platform We Heart It. Kevin also ran The Blu Market, which helped social media influencers build their brands. But Kevin admitted on the podcast that not all deals worked out. '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,' Kevin said. Host Lewis Howes asked if he really lost nearly everything. Kevin confirmed, 'Yeah, most of it, like, down to the one 10 percent left.' He said the main loss came from a failed partnership about nine years ago. 'I invested in a bunch of property and doing other things and I was building at the time,' Kevin said. 'Sadly, it wasn't the right partnership, if you know what I'm saying.' He chose not to share more details but added that he learned a lot of lessons. A second chance with the Jonas Brothers Kevin said he felt grateful for the Jonas Brothers' comeback, sharing that it helped him recover both financially and personally. In 2019, the Jonas Brothers revealed their reunion on The Late Late Show with James Corden and went on to release Happiness Begins in June, along with their Amazon Prime Video documentary Chasing Happiness. Kevin shared that they got a second chance with the band coming back together and described making Chasing Happiness as a therapeutic process for the brothers, since it forced them to have honest conversations without holding back.
News18
09-07-2025
- Entertainment
- News18
Priyanka Chopra's Brother-In-Law Kevin Lost 'Almost All' Money After Nick Jonas Left Their Band
After the Jonas Brothers' split, Kevin Jonas invested in businesses which didn't work out well for him. Kevin Jonas lost 'almost all" of his fortune when the Jonas Brothers were on hiatus. The 37-year-old singer – who began his career in 2005 – admitted he has gone through highs and lows with his finances, and things were particularly bad when the Sucker hitmakers were on a break from 2012 to 2019. Speaking to Lewis Howes on The School of Greatness podcast, he said: '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." Kevin attributed the loss of his wealth to a number of 'bad business deals" that took place around 'nine years ago". However, the Camp Rock star, who has daughters Angelina, 10, and Valentina, eight, with wife Danielle, suggested he couldn't speak about the situation for legal reasons. He said: 'I can't really get too much into it." During the group's hiatus, Kevin formed a residential development company, JonasWerner, which built custom mansions within a commuting distance of Manhattan, invested in a food app called Yood and partnered with a new tech venture, We Hear It. The Jonas Brothers, which also includes Kevin's younger siblings, Joe, 35, and Nick, 32, reformed in 2019, and Kevin has learned a lot from the difficult times. He said: 'I learned this lesson — never wanted to learn it, but I did. But then, at the same time, reevaluated how to approach life and — from that perspective, and look into the future. At the same time, I was able to really feel honoured that we could have a second shot at it." Kevin's brothers were also on the podcast, and Joe admitted he and his siblings needed to learn to 'trust" one another again before the group could get back together. He said: 'We all had to go figure out creatively what we could do on our own. We call it a break-up, but we had no intent of getting back together. There was too much under the rug to roll up … We had to trust each other a bit more with being, like, 'Actually, you are good in this band. You are talented. All of us and for different reasons.'" Ultimately, he realised: 'We can all share the spotlight, we could all share the studio, and we could all share songwriting, and we could all share money." First Published: July 09, 2025, 11:46 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Perth Now
09-07-2025
- Entertainment
- Perth Now
Kevin Jonas lost 'almost all' his fortune
Kevin Jonas lost "almost all" of his fortune when the Jonas Brothers were on hiatus. The 37-year-old singer - who began his career in 2005 - admitted he has gone through highs and lows with his finances, and things were particularly bad when the Sucker hitmakers were on a break from 2012 to 2019. Speaking to Lewis Howes on The School of Greatness podcast, he said: '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." Kevin attributed the lost of his wealth to a number of "bad business deals' that took place around 'nine years ago.' Lewis asked: 'You almost lost all your money?' His guest clarified: "Yeah, most of it, like, down to the one 10 percent left.' Kevin explained he had 'invested in a bunch of property' but 'sadly' it just 'wasn't the right partnership.' However, the Camp Rock star - who has daughters Angelina, 10, and Valentina, eight, with wife Danielle - suggested he couldn't speak about the situation for legal reasons. He said: "I can't really get too much into it.' During the group's hiatius, Kevin formed a residential development company, JonasWerner, which built custom mansions within a commuting distance of Manhattan, invested in a food app called Yood and partnered with a new tech venture, We Hear It. The Jonas Brothers, which also includes Kevin's younger siblings, Joe, 35, and Nick, 32, reformed in 2019 and Kevin has learned a lot from the difficult times. He said: 'I learned this lesson — never wanted to learn it, but I did. 'But then, at the same time, reevaluated how to approach life and — from that perspective, and look into the future. At the same time, I was able to really feel honoured that we could have a second shot at it.' Kevin's brothers were also on the podcast, and Joe admittted he and his siblings needed to learn to "trust" one another again before the group could get back together. He said: 'We all had to go figure out creatively what we could do on our own. We call it a break-up, but we had no intent of getting back together. 'There was too much under the rug to roll up … We had to trust each other a bit more with being, like, 'Actually, you are good in this band. You are talented. All of us and for different reasons.'' Ultimately, he realised: 'We can all share the spotlight, we could all share the studio, and we could all share songwriting, and we could all share money.'
