Kevin, Joe & Nick Jonas made about $12 million in 2007 and continue to make more through concerts and endorsements. But they’re spending it as fast as it comes in, reports In Touch. [Please don't pull a Britney!]
In addition to their $24,500 a month Bel Air rental home and $2.8 million Texas estate, the boys have splurged on luxuries like furniture, laptop computers, flat-screen TVs, stereos, designer shoes. Each boy also owns a $8,500 Daytona stainless steel watches by Rolex.
An insider revealed, ‘They all love shoes. Especially by fashion designer Marc Jacobs. They really love good clothes.’ However, the very generous brothers donate 10 percent of their earnings to their charity, Change for the Children Foundation.