From Ruin to Redemption: Kevin Jonas' Financial Missteps and the Jonas Brothers’ Triumphant Return

JONAS BROTHERS' LEAD GUITARIST KEVIN JONAS SPILLS THE TEA ON HIS FINANCIAL DOWNFALL AND REDEMPTION

Get ready for a juicy dose of celebrity gossip, folks! In a shocking revelation, Kevin Jonas, the 37-year-old lead guitarist of the beloved boyband Jonas Brothers, has opened up about his financial struggles during the group's six-year hiatus. And trust us, it's a wild ride.

In an exclusive chat with Lewis Howes on The School of Greatness podcast, Kevin dished out the details about his failed business ventures and how they left him with just 10% of his original wealth. Yes, you read that right - MOST OF IT GONE!

So, what happened? Well, it seems like Kevin got a little too big for his britches (or should we say, his guitar straps?) and started investing in various properties and business partnerships. Sounds smart, right? Wrong! It turns out that those "smart" investments turned into duds, leaving Kevin with a financial mess that even the Jonas Brothers' iconic comeback tour couldn't salvage.

"I invested in a bunch of property and doing other things and I was building at the time... sadly, it just wasn't the right partnership," Kevin confessed, trying to keep his emotions in check. "I can't really get too much into it, but the sad part is that I learned a lot of lessons from that experience."

And boy, did he ever! As the saying goes, when life gives you lemons, make lemonade - or in this case, when life takes away your millions, use it as an opportunity to re-evaluate and grow.

Kevin's wife, Danielle Deleasa, must be relieved that her hubby is back on solid financial ground. After all, they're raising two adorable daughters, Alena (11) and Valentina (8), together! The couple met in 2007 while on vacation in the Bahamas - who knew that their love would withstand the test of time AND financial uncertainty?

Fast-forward to present day, and the Jonas Brothers are riding high again. Their seventh studio album, Greetings from Your Hometown, is set to drop on August 8th, followed by a massive 52-date tour, Jonas20: Living the Dream Tour, kicking off at MetLife Stadium in East Rutherford, NJ.

But before we get ahead of ourselves, let's take a trip down memory lane. Remember when Kevin and his brothers Nick and Joe were catapulted to fame by Disney Channel? It seems like an eternity ago! The trio has come a long way since their humble beginnings, selling over 20M records worldwide and racking up an impressive 18.5M monthly listeners on Spotify.

As Kevin astutely put it: "I look at a band like ourselves as a startup... 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."

And speaking of investors, we can't help but wonder if Kevin's dad, Paul Sr., has any sage advice for his son when it comes to business ventures. After all, the Jonas Brothers' patriarch has been a constant source of support throughout their career.

As the saying goes, "when life gives you lemons, make lemonade" - and that's exactly what Kevin did. He took his financial setbacks as an opportunity to learn and grow, and it seems like he's come out stronger on the other side. Who knew that a little bit of financial strife could lead to a juicy celebrity interview?

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