Nick Cannon Net Worth

Updated On March 18, 2024 | Published By: sofi | In Net Worth

Nick Cannon's Net Worth

As of 2022, Nick Cannon has a Net Worth of $ 20 Million Dollars.
In a November 2022 podcast called The Neighborhood Talk, Nick was asked to confirm estimates that he spends $3 million per year on his children.
He received $70,000 per episode as the host of “America’s Got Talent.”

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What is Nick Cannon’s Net Worth and Salary?

Nick Cannon is a $20 million Net Worth American actor and television host. Nick has achieved success in television, film, radio, and as an entrepreneur/producer. Cannon earns roughly $5 million each year for his many television hosting obligations, most notably “The Masked Singer.” He also comes from a huge family. He has ten children from six women as of this writing, including twins with singer Mariah Carey and another set of twins from a separate lady. Nick claims to spend more than $3 million each year on his children.

Net Worth :	$20 Million
Salary:	$5 Million
Date of Birth:	Oct 8, 1980 (42 years old)
Place of Birth:	San Diego
Gender:	Male
Height:	6 ft (1.83 m)
Profession:	Comedian, Record producer, Actor, Musician, Presenter, Television producer, Writer, Rapper, Singer, TV Personality
Nationality:	United States of America

Early Life

On October 8, 1980, Nick Cannon was born in San Diego, California. His granddad reared him for the most part. He grew up at the Bay Vista Housing Projects in Lincoln Park. Cannon was a member of the Lincoln Park Bloods street gang as a youngster, but he left after losing a close buddy to violence. He began performing at the age of eight, and by the age of eleven, he was performing comedy on his father’s local cable access television show. In 1998, Cannon graduated from Monte Vista High School. Nick eventually relocated to Hollywood, where he performed stand-up comedy at venues such as The Laugh Factory, The Improv, and The Comedy Store. In the mid-1990s, Nick had his major television debut on the Nickelodeon sketch comedy show “All That.” As a teenager, Cannon was a member of the rap group Da G4 Dope Bomb Squad, which opened for popular 1990s acts such as LFO, 98 Degrees, Montell Jordan, and Will Smith.

On-Screen Career

Nick made a cameo appearance in “Men in Black II” in 2002. In 2002, he played the main character Devon Miles in the film “Drumline,” and the following year in the comedy “Love Don’t Cost A Thing.” Other films include “Shall We Dance,” “Roll Bounce,” and “Bobby” from 2006. His work in “Bobby” earned him a nomination for a Screen Actors Guild Award in 2007, and he was rewarded with the Breakthrough Actor of the Year Award at the Cannes Film Festival. Nick later appeared in Spike Lee’s 2015 film “Chi Raq.” Cannon was the host of “Wild & Out,” a popular MTV comedic sketch show that aired from 2005 to 2007. The show was resurrected in 2012 with Nick as the host.

Music Career

Nick founded his own record label, “Can I Ball Records,” in 2005. In 2003, he released his self-titled debut studio album, which peaked at #15 on the US R&B chart. “Can I Live,” the first single, was released in July 2005.

After discontinuing Can-I-Ball Records, Nick founded a new record label, N’Credible Entertainment, in 2009. Cannon created a Slick Rick parody persona called Slick Nick in 2010. He released two singles as the persona and a mixtape named “Child of the Corn” in December 2011. Cannon released a new single, “Me Sexy,” in July 2013. He followed up with “Looking for a Dream,” a collaboration with Afrojack. In 2014, he published his second album, “White People Party Music.” On November 16, 2016, Cannon released his second mixtape, “The Gospel of Ike Turn Up: My Side of the Story.” In December 2019, Nick released “The Invitation,” an Eminem diss track. Cannon recorded a second diss track the same day after Eminem responded with a tweet.

America’s Got Talent

In 2009, he took over as host of “America’s Got Talent” from Regis Philbin. From 2009 to 2016, he was the host. He received $70,000 per episode as the host of “America’s Got Talent.” In 2017, Nick revealed that he will not be returning for the 2017 season, citing creative differences with NBC management. The network, meanwhile, was already considering removing Nick after he made critical remarks about NBC in his Showtime comedy special, “Stand Up, Don’t Shoot.” Because Cannon was technically under contract and might have been sued by NBC for breach of contract, management at NBC first refused to accept his departure. However, it was eventually accepted, and he was replaced as host of “America’s Got Talent” by Tyra Banks.

CBS Firing

Nick made comments that were viewed as antisemitic in the June 30, 2020, episode of his podcast “Cannon’s Class.” Cannon presented many antisemitic conspiracy theories regarding the rich Rothschild family while interviewing Public Enemy rapper Professor Griff about leaving the group after he made antisemitic remarks. In response to the comments, ViacomCBS, which had long aired Cannon’s show “Wild ‘N Out,” ended its partnership with him on July 14, 2020, citing “hateful speech and antisemitic conspiracy theories.”

Cannon also hosts the “Nick Cannon Mornings” radio show on KPWR Power 106. On July 16, 2020, he tweeted that he will be taking a break from his radio show to ponder and plan his next steps. The show is currently on indefinite hiatus. He apologized on Twitter and was able to continue hosting the Fox show “The Masked Singer,” which he has done since 2019.

Mariah Carey Marriage and Divorce

From 2008 to 2016, Nick Cannon was married to singer Mariah Carey. They married on Windermere Island in the Bahamas, at her own home. Monroe and Moroccan Scott, their twins, are their only children. In August 2014, Nick and Mariah announced their divorce. In 2016, their divorce was finalized.

Divorce Settlement

We found via legal records that when Mariah entered the marriage in 2008, she had a Net Worth of $150 million, while Nick had a Net Worth of less than $500,000. According to the records, Mariah made a total of $6.3 million in 2014, while Nick earned $2.7 million. As part of their confidential settlement, Nick was awarded the ownership to a 2012 Ferrari and compelled to pay $5,000 per month to a trust for their twins. Nick and Mariah sold their long-time home in Los Angeles’ Bel Air neighborhood for $9 million shortly after filing for divorce. They paid $7 million for the house in 2009. A previous owner was Farrah Fawcett, who sold the house in 1999 for $2.7 million after living there for over two decades.

How Many Kids Does Nick Cannon Have?

As of this writing, Nick Cannon has ten children from six different women, including TWO sets of twins. This does not include one infant who died of cancer at the age of five months.

As shown in the timeline below, in June 2021 alone, FOUR children were born to three different women.

Children Timeline

April 30, 2011: Nick and Mariah Carey welcome twins Monroe and Moroccan.
February 21, 2017: Nick and Brittany Bell welcome son Golden Sagon.
December 23, 2020: Nick and Brittany Bell welcome daughter Powerful Queen.
June 14, 2021: Nick and Abby De La Rosa welcome twins Zion Mixolydian and Zillion Heir.
June 23, 2021: Nick and Alyssa Scott welcome a child they name Zen. Tragically, Zen died five months later from brain cancer.
June 28, 2021: Nick and model Bre Tiesi welcome son Legendary Love.
September 14, 2022: Nick and LaNisha Cole welcome daughter Onyx Ice Cole.
September 23, 2022: Nick and Brittany Bell welcome son Rise Messiah.
November 11, 2022: Nick and Abby De La Rose welcome a girl they named Zeppelin.
In November 2022 Nick and Alyssa Scott announced they were welcoming another child, which would be his 12th total child and 11th surviving child.

Annual Child Expenses

Nick was asked to confirm estimates that he spends $3 million per year on his children in a November 2022 podcast called The Neighborhood Talk.

“I definitely spend a lot more than that on my children annually. I don’t plan to ever have to participate in the governmental system.”

To be clear, Nick spends over $3 million per year on his children, but none of it is court-ordered or associated in any way with the government system. That is quite impressive!

Activism

Nick Cannon entered Howard University in 2016 and will graduate in 2020 with a bachelor’s degree in Criminology/Administration of Justice.

The Nicholas Scott Cannon Foundation is Cannon’s own foundation. In 2011, he filmed a PSA for the organization Do Something, which encourages teens to find a cause they are passionate about and to engage with and contribute to their communities. Cannon has been a celebrity spokesperson for the National Association of Letter Carriers’ annual food drive since 2011.

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