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Priyanka Chopra’s future father-in-law Paul Jonas’ company in debt, files for bankruptcy, says report

A construction company owned by Nick Jonas’ father Paul Jonas has a huge debt, says a report.

bollywood Updated: Sep 02, 2018 11:48 IST
Indo Asian News Service, Los Angeles
Nick Jonas,Priyanka Chopra,Paul Kevin Jonas
Priyanka Chopra and Nick Jonas recently made their engagement official with a roka ceremony in Mumbai.(Priyankachopra/Instagram)

A real estate company of Paul Jonas, father of American singer Nick Jonas and future father-in-law of actor Priyanka Chopra, is in deep debt.

According to a report in TMZ, Paul’s company has over $1 million (Rs 71,005,000 approx) in debt, including a $268k judgement from a case his company lost. Paul Jonas’ company filed for bankruptcy and in order to come up with the cash, Paul plans sell off some of the company’s property.

In the past, the Jonas Brothers of which Nick is a part, had sold millions of records worldwide before the band broke up in 2013, and the trio has continued building their portfolios on their own.

Nick is reportedly worth $25 million (Rs 1,77,51,25,000 approx). He’s made most of his money as a solo artist, but he’s also got a budding acting career and recently starred in the Jumanji remake.

Priyanka Chopra and Nick Jonas in Mumbai during their roka ceremony. ( PTI )

Meanwhile, Nick and Priyanka made their engagement official on August 18 in Mumbai. The two met at the 2017 Met Gala where they represented fashion brand Ralph Lauren. Priyanka and Nick were, however, spotted on dates from May 2018 by the paparazzi.

(With HT inputs)

Follow @htshowbiz for more

First Published: Sep 02, 2018 11:47 IST