Find out how Kevin Jonas lost almost all of his money during Jonas Brothers break

Kevin Jonas revealed how he went nearly broke.

The 37-year-old musician explained the mistakes that nearly cost him everything. He alongside his brothers Nick and Joe appeared on an episode of ‘The School of Greatness’ podcast and made the revelations.

Kevin admitted to losing money on bad business deals but when asked about exactly how much money he lost to these deals, he says, “most of it, like down to the on 10 percent left.”

He says he can’t share too many details about these deals but revealed a lot of his losses came from his decision to invest in “a bunch of property.” Looking back, he says it “wasn’t the right partnership” for him. He also invested in a food app he founded called Yood.

While the Jonas Brothers were on a hiatus with their music Kevin started JonasWerener, a real estate development company that built luxury homes in the Manhattan area.

Seems like the Jonas Brother is doing just fine now, but the band is hitting the road for their JONAS20: Greetings From Your Hometown Tour beginning in August.