Million dollar debtor of Nick Jonas’ father’s business reportedly filed for bankruptcy-Entertainment News, Firstpost

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Nick Jonas and Bollywood actor Priyanka Chopra recently announced their engagement after a Roka ceremony.

Paul Jonas, father of American singer Nick Jonas, is said to be in the throes of a financial crisis with a debt amounting to $ 1 million, TMZ reported.

Paul Jonas (left) with his son Nick. Facebook

Paul’s New Jersey real estate and construction company owes approximately Rs 71,005,000 in debt, including a judgment of $ 268,000 in a case his company lost. Paul’s business has filed for bankruptcy attorney and in order to find the money, Paul plans to sell some of the company’s assets.

Nick, who has been in the news for several weeks now because of his commitment along with Bollywood actress Priyanka Chopra, was part of pop rock group The Jonas Brothers, which sold millions of records worldwide before its disbandment in 2013. Nick, now a solo artist, is worth $ 25 million, according to Celebrity Net Worth. The singer also made his film debut with Jumanji: Welcome to the Jungle, and has two other films released in 2019.

Joe and Kevin Jonas have also successfully mapped their individual careers as entrepreneurs. While Joe was judge on The Voice Australia in 2018 and was the voice of Kraken in Hotel Transylvania 3: Summer Vacation, Kevin has a real estate development and construction company called JonasWerner, and is the co-CEO of The Blu Market.

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