Entrepreneurship

Nick Cannon’s Net Worth


Nick Cannon has been a multi-talented Hollywood star since childhood and continues gaining money and popularity as he expands his career. Please keep reading to learn more about Nick Cannon’s net worth and much about him.

Nick Cannon is an American actor and host with a net worth of $30 million. He has been a successful television, film, and radio producer and entrepreneur. He started his career in 1998 and played various roles as an actor, comedian, and host of TV shows.

As he has fathered 11 kids so far while adding one more recently, so 12 altogether, Nick has spent his net worth in child care for their kids. According to the celebrity, Nick got his estimated net worth working as a television producer, actor, rapper, talk show host, and comedian.

He started his career with a TV show, “All That,” and got more popularity after hosting the famous “Nick Cannon Show” and “America’s Got Talent.” For America’s Got Talent, he was earning $ 70k per episode. His early most significant achievement was about featuring in movies like “Love Don’t Cost a Thing.”

Age and early life

Cannon, named Nicholas Scott Cannon, was born on October 8, 1980, in San Diego, California. His parents divorced when he was a kid and moved to different states, so his grandparents contributed generously to his upbringing. He grew up in gang-ridden areas of San Diego as he was responsible for his grandparents, who were not well off.

He was born to James Cannon and Beth Hackett-Gardner. His mother was an accountant, whereas his father was a televangelist.

As a student, Cannon was good at comedy and athletics and completed high school at Monte Vista in 1998. Additionally, he was president of the African Student Coalition.

He started his career as a teenager, acting and hosting multiple TV shows and movies. At a very early age, he realized he had a knack for comedy after performing his stand-up comedy on his father’s public access program.

At 16, Cannon used to go to Los Angeles on the weekends to perform in stand-up comedy at high-profile locations. He served with Ds G4 Dope Bomb Squad and made a way toward his bright career at an early age.

Career

Cannon has graduated from Monte Vista High School in Spring Valley. In 2016, he also enrolled at Howard University and graduated in 2020 and earned a Bachelor’s degree in Criminology/Administration of Justice and a minor in Africana Studies.

If we talk about the music industry, Cannon was famous for his single hit, Gigolo, which was a collaborative work with Singer and songwriter R. Kelly. He added that song to his debut self-titled album in 2003.

He was a member of amateur rap groups. As a teenager, he appeared in a sketch comedy television series. Nick pursued his music career and then started hosting on television in 2005.

Cannon has hosted various award-winning television shows that include acting and comedy. However, he started his career by rapping in 1999 and released his debut album, “Gigolo,” in 2003. Later he released his debut mixtape, “Child of the Corn,” in 2011, followed by “The Gospel of Ike Turn Up: My Side of the Story’ in 2016.

Nick created his record label “Can I Ball Records” and replaced the old record label with N’Credible Entertainment in 2005. In addition, he has hosted a comedy series named Wild’ N Out. He has hosted many famous shows, including The NightLife, Nathan’s Hot Dog Eating Contest, and Caught on Camera with Nick Cannon.

In 2010, Cannon hosted a morning radio show on 92.3 with Southern Sarah Lee and Nikki that helped him to sign up for his weekly program “Cannon’s Countdown.” After a year or so, he recorded “Mr. Showbiz” in Las Vegas, his stand-up comedy.

In 2015, Nick created, produced, and hosted the hit MTV series Wild’ N Out and the “Nickelodeon’s Kids’ Choice Awards.” He also made a television series named “Incredible Crew.”

Moreover, he appeared in numerous movies like, “Men in Black 2,” Love Don’t Cost a Thing,” “Shall We Dance,” “Drumline,” and “Roll Bounce.” He got the award of Breakthrough Actor of the year due to “Bobby” at the Cannes Film Festival in 2007.

As a host, Cannon has hosted several shows, including “The Nightlife, Nathan Hot Dog’s eating contest, and Caught on Camera with Nick Cannon. He also served as the creative consultant with Nickelodeon.

How tall is Nick Cannon?

He is an American host, rapper, actor, and comedian. Along with his professional life, his personal life is also a considerable talk of the town. He gained media attention for fathering 12 children from multiple partners.

Nick Cannon has earned his living by being a multi-tasker with a height of 6ft (183cm) and 78kg (171 pounds). He is an amazingly talented person who has earned his fortune through his multi-income approaches, mainly as an actor, businessman, and promoter.

How old is Nick Cannon?

Cannon was born on October 8, 1980, in San Diego, California, making him 43 years old the current year. He was always interested in the entertainment industry since his teenage years. His paternal grandparents majorly raised him; however, his dad helped him give a breakthrough to stand-up comedy in a local public access TV program.

He had a successful music career and then stepped into the music industry. He did various hosting work, including The Masked Singer, Lip Sync Battle Shorties, Nightlife, and his hit sitcom Brooklyn Nine-Nine. The series that helped him to gain fame and a huge name was an MTV improv comedy series, “Wild ‘N Out.”

How much is Nick Cannon worth?

Nick earns his living being a multi-tasker as a film producer, author, writer, producer, rapper, record producer, radio jockey, DJ, businessman, and musician. Various sources show Cannon’s annual income is $2 million through multi-income approaches, including acting, business, promotions, and brand collaborations.

Primarily, he earned well being an actor and host; as we know, he was paid $70k per episode for hosting America’s Got Talent show and earned $10 million from his role. It was also the main reason for getting into the limelight. In addition, he got a paycheck of $ 4 million for one of his shows, “Husbands of Hollywood.”

One more famous television hosting duties is “The Masked Singer,” where he has earned $5 million annually. Various other hosting shows, apart from The Nick Cannon Show and Wild N’ Out, there are Lip Sync Battle and Shorties.

Being an amazingly talented musician, Cannon started his career with the rap group Da G4 Dope Bomb Squad, and they released an album in 1999. Later in 2003, he joined Jive Records and released his album “Nick Cannon.”

By 2010, Nick had started hosting duties on 92.3 NOW FM’s morning radio show “The Morning Riot.” Then in 2011, he made his record label Ncredible Entertainment and released his first debut mixtape in 2016, “Child of the Corn.”

Significant achievements of Nick Cannon

  • In 2001, Nickelodeon Kids Choice Award.
  • In 2006, the Hollywood Film Festival, Ensemble of the Night.
  • In 2011, the NAACP Image Awards for being an outstanding supporting actor.

Music career

Nick began his record in 2005 named “Can I Ball Records.” Self-titles debut studio album was released in 2003 and reached number 15 on the US R and B chart. He released his lead single, “Can I live,” in 2005.

In 2009, Nick made a new record label NCredible Entertainment after canceling Can I Ball Records. He created a parody character of Slick Rick and named it Slick Nick and then released two singles as the character “Child of the Corn” and “Me Sexy.”

He again released a second single, “Looking for a dream,” that featured Afrojack. In 2014, his second album came, “White People Party Music.” The second mixtape, released in 2016, is “The Gospel of Ike Turn Up: My Side of the Story.” In 2019, Cannon recorded an Eminem diss track, “The Invitation,” Eminem tweeted in response that Cannon recorded a second diss track that day.

How much has Nick Cannon made from America’s got talent?

Cannon hosted America’s Got Talent from 2009 to 2016 for almost eight seasons. According to an estimate, this incredible person has earned $70,000 per episode and $1,820,000 to $2,240,000 per season, depending on each episode count.

Through the social media handle, Canon announced in 2017 that he was leaving America’s Got Talent Show before the start of season twelve. He made such an announcement as executives at NBC allegedly threatened to fire him over a racial joke.

He stated, “I was being punished for a joke. It has weighed heavily on my spirit. This situation was brought to my attention by my team. NBC believed I was in breach of contract because I had disparaged their brand.”

Cannon added, “I find myself in a dark place while making a decision that I wish I didn’t have to, however, as a man, being an artist, and a voice for my community.”  He has decided not to stay silent, controlled, or treated like property, as no money worth my dignity or integrity.

Additionally, he said, “My soul won’t allow me to be in business with corporations that frown on freedom of speech, censor artists while questioning cultural choices. I am not going into details.” It was not the first time, as executives have already attempted to put him in place for false unruly actions. He felt so bad about his moral principles and deemed not to bother with money much over his integrity.

He said, “it’s never been about money for me, it is difficult to walk away from the fans. These people love me on the show. It hurts tremendously. I felt like part of the fabric of our great nation every summer, representing every culture, age, gender, and demographic. Now for the rug to be pulled from underneath me and publicly ridiculed over a joke about my race is completely wrong, and I have to do something about it.”

Cannon said in his ending note, “I wish AGT and NBC the best in its upcoming season; however, I can not see myself returning. Most of us don’t realize that six major corporations control 90 percent of the media in America, and the number of minority executives is dismal. He figured out that true equality in our industry is impossible.”

“There will always be a ‘do as I say’ mentality that mirrors society’s perception of women and minorities; however, a few will stand up against it. He proudly stands as one of those few and will gladly take on whatsoever come with it.”

He also revealed that if NBC tries to remove him in response to what he said, he will sue them and create a new controversy about NBC hating black people.

Money Nick Cannon made from Masked Singer.

Cannon has also hosted the United States version of The Masked Singer from season one in 2019. He used to make $5 million per season of Masked Singer. The judges on that show made between $250,000 to $500,000 per episode. Whereas the judges on the United States version make between $1.25 million and 2.5 million depending on the number of seasons, they have remained judges.

Cannon thought The Masked Singer was a fantastic success in the United States. He stated, “Internationally, I think people were taking huge chances on shows like this.” he was against run-of-the-mill singing competition shows. Canon feels the Masked Singer is a breakthrough due to some spectacular and zany components.

He said, “It has spectacular costumes. It is fun and can be cheeky with the format without taking itself too seriously. It was a constant reminder to do only things that bring a smile, ultimately, to myself and others. I have hosted several things, and some of those just paint the number of jobs. I am a person who doesn’t like having jobs and I like having fun.”

How many kids does Nick Cannon have?

Nick Cannon married Mariah Carey and gave birth to twins, Moroccan Cannon and Monroe Cannon, in 2011. He remained married to singer Mariah Carey from 2008 to 2016, with the two children together. They were married at Carey’s private estate on Windermere Island in the Bahamas. They officially confirmed their separation in 2014; the divorce they finalized in 2016.

According to the divorce settlement, Mariah entered the marriage in 2008 with a net worth of $150 million, and Nick with less than $500,000. Mariah earned around $6.3 million in 2014, and Nick earned $2.7 million.

In the eventual settlement, Nick faced paying $5,000 per month to a trust for the twins. After filing the divorce, the couple sold their longtime home in LA for $9 million.

He welcomed his third and fourth babies with model Brittany Bell with whom he had a son in 2017 and a daughter in 2020. His fifth and sixth kids were born with model Abby De La Rosa in 2021, Zian Mixolydian and Zillion Heir.

The first child of Alyssa Scott with Nick Cannon was born in June 2021. They named their daughter Zen tragically, and she died after five months due to brain cancer. She already had a child from the previous relationship and was pregnant again in May 2022.

In September 2022, Cannon and LaNisha Cole gave birth to their daughter Onyx Ice Cole. In November 2022, Nick and Alyssa Scott made the announcement of welcoming another child that would be his 12th in total child and 11th surviving one.

Newborn daughter

Nick Cannon became the father of his 12th child in November 2022. Abby and Nick gave the information about their daughter by putting her picture on Instagram. Remember that the couple already has twins together. They named her Zeppelin.

Annual child expense

When Nick was asked about the annual estimate of the amount he spends on his children, whether it’s $3 million yearly. He said, “I spend a lot more on my children annually. I don’t plan ever to have to participate in the governmental system.”

Therefore, it is clear and impressive that Nick spends over $ 3 million annually on his kids, and no court or governmental system is involved.

Marriage of Nick Cannon and Mariah Carey

As mentioned in the above paragraphs, Nick Cannon married singer Mariah Carey in 2008, and the marriage happened at Mariah’s private estate on Windermere Island in The Bahamas.

Before getting divorced, Cannon and Carey signed a prenup agreement. They were the parents of twins Moroccan and Monroe then, and they finally got a divorce in 2016. A few years later, in 2020, Mariah revealed in her book “The Meaning of Mariah” that her relationship with Nick could have worked out without their egos.

She stated, “Honestly, I think Nick and I could have worked it out between us, but egos and emotions got inflamed. It was tough. We both wanted to make sure everything was cool for our family. We will always be family, and we make it work.”

Important words by Nick Cannon during his successful career

  • Do not worry about my life; fear why you are worried about my life.
  • The people who truly loved me before all of this stuff, you can’t ever leave them behind.
  • You have to be vigorous. That’s the only way you will get it because everybody has dreams and goals, but the only people who achieve them are those who go after them and don’t take no for an answer.
  • Having children changes your priorities, but when you see life through these innocent eyes and see everything for the first time, you appreciate the small things.
  • A strong man must be in a relationship with a strong woman. Many people hear the word “diva,” and he thinks of it as a negative; I see it as a positive. He wants somebody who knows what they want from life and is not afraid to show it.

Activism

Nick Cannon enrolled in Harvard University in 2016 and graduated in Criminology/Administration of Justice in 2020. He runs his charity, the Nicholas Scott Cannon Foundation.

He also filmed a public service announcement in 2011 while working with the organization Do something, a platform for teens to find a cause about what they are passionate about and to engage and contribute to their communities.

Cannon has also worked as a celebrity spokesperson for “the National Association of Letter Carriers’ annual food drive.” Cannon supports other organizations like Feeding America and Boys and Girls Club, Stomp Out Bullying, and Toys for Tots.

Moreover, Cannon served as a member of the board of directors of New York’s St. Mary’s Hospital. Cannon also worked as a celebrity spokesperson for the annual off-drive organized by The National Association of Letter Carriers.

Rules for success by Nick Cannon

As a successful person, we will look at lessons one can learn from him. Check out the following things:

Keep sight of your goals

One must have dreams and great aspirations, with thoughts that will push you to overcome, create and inspire more. Knowing what you want will keep you on your toes and fuel the energy to achieve them. Staying ambitious and determined will be worth a lot in the end.

Do every possible thing to make your dreams come true

Please do not settle for less when it comes to your dreams because only you can work for them and put effort into making them accurate.

Focus on good company

Keep the people around that matter to you and stick by your side no matter what. Choosing loyal and honest people should be the priority, and avoid those who hate you or bring you down. Always focus on surrounding yourself with good people and things.

Conclusion

To know Nick Cannon’s net worth, one must understand that he has multiple sources of income. A recent survey shows his net worth is approximately $30 million. He is one of the wealthiest TV hosts in the world and earns around $5 million annually.

Nick Cannon worked as a host in the famous American TV show America’s Got Talent and The Masked Singer. At the same time, he was making money out of them. He also made his own sketch comedy and game show which appeared on MTV’s Wild N’ Out. All these mentioned shows and plays contributed well to add up his fortune.

To know how many kids Nick Cannon has? Nick Cannon has been in various relationships and fathered 12 kids till now in total. He got married to Mariah Carey in 2008 and separated in 2018. He also dated Kim Kardashian, model Jessica White, and Singer Christina Milian.

Before getting married, Nick engaged to model Selita Ebanks in 2007. He dated several famous women, including models Brittany Bell, Alyssa Scott, Bre Tiesi, LaNisha Cole, and Abby De La Rosa.