Net Worth

Nick Cannon Annual Net Worth: What Is Nick Cannon Annual Income?

Lakshmi

Updated on:

Nick Cannon net worth

American actor and television host Nick Cannon has a net worth of $45 million. Nick has had success in television, film, radio, and as an entrepreneur/producer throughout his career. Nick earns approximately $5 million each year hosting numerous television programs, including “The Masked Singer.” Nick has a renowned huge family. He has seven children from four partnerships, including twins with singer Mariah Carey. He is currently expecting his eighth child with his fifth partner.

Early Years

Nick Cannon was born on October 8, 1980, in San Diego, California. His primary caregiver was his grandfather. 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 the gang after a close buddy was murdered. At age 11, he was already performing humor on his father’s local cable access television show, which he began at age eight. In 1998, Cannon graduated from Monte Vista High School.

Nick eventually relocated to Hollywood, where he performed stand-up comedy at The Laugh Factory, The Improv, and The Comedy Store, among others. Nick’s major television debut was in the mid-1990s when he won a part on the Nickelodeon sketch comedy show “All That.” As a teenager, Cannon was also a member of the rap group Da G4 Dope Bomb Squad, who opened for renowned nineties groups such as LFO, 98 Degrees, Montell Jordan, and Will Smith.

 

View this post on Instagram

 

A post shared by NICK CANNON (@nickcannon)

Personal Life

As of this writing, Nick Cannon has seven children with four women, including Golden “Sagon” Cannon, who was born in February 2017 to model Brittany Bell, and TWO distinct sets of twins. Nick announced in January 2022 that he was expecting his eighth kid with his fifth partner. At one time in the middle of 2021, Nick was projected to have four children within a few months.

Cannon enrolled at Howard University in 2016 and will graduate in 2020 with a bachelor’s degree in Criminology/Administrative Justice.

On-Screen Career

Nick had a brief role in “Men in Black II” in 2002. In 2002’s “Drumline” and 2003’s “Love Don’t Cost A Thing,” he portrayed the lead character Devon Miles for the first time. Other movies include “Shall We Dance,” “Roll Bounce,” and “Bobby” from 2006. In 2007, he was nominated for a Screen Actors Guild Award for his work in “Bobby,” and he received the Breakthrough Actor of the Year Award at the Cannes Film Festival for the same role.

Nick subsequently starred in the 2015 Spike Lee film Chi Raq. Cannon aired four seasons of “Wild & Out,” a hit sketch comedy series on MTV from 2005 to 2007. In 2012, the show was reintroduced with Nick as the host.

Music Industry

Nick founded his record label, Can I Ball Records, in 2005. 2003 saw the release of his self-titled debut studio album, which peaked at No. 15 on the US R&B chart. In July 2005, the lead song “Can I Live” was released.

Nick established N’Credible Entertainment in 2009, after disbanding Can-I-Ball Records. In 2010, Nick Cannon created Slick Nick, a spoof of the persona Slick Rick. He released two singles as the persona and a mixtape named “Child of the Corn” in December 2011. Cannon released a new single in July 2013 titled “Me Sexy.” His second single was titled “Looking for a Dream” and featured Afrojack.

In 2014, his second album, White People Party Music, was published. “The Gospel of Ike Turn Up: My Side of the Story,” Cannon’s second mixtape, was released on November 16, 2016. Nick recorded a diss tune against Eminem titled “The Invitation” in December of 2019. The day after Eminem’s reaction tweet, Cannon recorded a second diss single.

 

View this post on Instagram

 

A post shared by NICK CANNON (@nickcannon)

America Deserves Talent

He succeeded Regis Philbin as the host of “America’s Got Talent” in 2009. He served as host between 2009 and 2016. During his tenure as host of “America’s Got Talent,” he received $70,000 per show. Nick revealed in 2017 that he will not be returning for the 2017 season, citing creative issues with NBC executives.

After Nick made harsh remarks about NBC in his Showtime comedy special “Stand Up, Don’t Shoot,” however, the network had already been considering terminating him. Technically, Cannon was under contract and NBC could have sued him for breach of contract, thus NBC bosses initially rejected his departure. However, his resignation was finally accepted, and Tyra Banks replaced him as host of “America’s Got Talent.”

CBS Termination

Nick made antisemitic comments in the June 30, 2020 episode of his podcast, “Cannon’s Class.” Professor Griff of Public Enemy left the group after making antisemitic remarks, and Cannon highlighted various antisemitic conspiracy theories concerning the affluent Rothschild family when interviewing Professor Griff.

ViacomCBS canceled its connection with Cannon, whose show “Wild ‘N Out” had previously broadcast, on July 14, 2020, alleging “hateful rhetoric and antisemitic conspiracy theories” Nick Cannon also runs a radio program called “Nick Cannon Mornings” on KPWR Power 106. On July 16, 2020, he tweeted that he would be taking time away from his radio show to contemplate and develop a strategy.

The program is on indefinite hiatus. He offered an apology via Twitter and was allowed to continue hosting “The Masked Singer” on Fox, which he has done since 2019.

Mariah Carey Relationships and Divorce

From 2008 to 2016, Nick Cannon was married to singer Mariah Carey. They exchanged vows at her private estate on Windermere Island, Bahamas. They have two children, Monroe and Moroccan Scott, who are identical twins. Nick and Mariah acknowledged their split officially in August of 2014. In 2016, their divorce was finalized.

Divorce Settlement

As part of their divorce procedures, we learned via court documents that Mariah had a net worth of $150 million in 2008, while Nick was worth less than $500,000. Moreover, according to the documents, Mariah made a total of $6,3 million in 2014 while Nick earned $2.7 million.

As part of an undisclosed deal, Nick received the title to a 2012 Ferrari and was required to pay $5,000 per month to a trust for their twins. Nick and Mariah sold their longstanding home in Los Angeles’s Bel-Air neighborhood for $9 million shortly after filing for divorce. They purchased the home for $7 million in 2009.

Farrah Fawcett was a previous owner; she sold the home for $2.7 million in 1999 after living there for almost two decades.

What is Nick Cannon Annual Income?

According to multiple sources, his annual income in 2022 is $6 million. His principal source of revenue is derived from his multiple income streams, primarily performing, business, promotions, and brand collaborations.

Nick Cannon Net Worth

The estimated net worth of Nsk Sannon is approximately $45 million.

Activism

Cannon operates his charitable organization, the Nicholas Scott Cannon Foundation. In 2011, he produced a public service announcement for the group Do Something, a platform that encourages adolescents to select a subject they are passionate about and contribute to their communities. Since 2011, Cannon has worked as a spokesperson for the annual food drive organized by the National Association of Letter Carriers.

What Does Nick Cannon Do for a Living?

Nick is a multi-talented musician who is also a film producer, comedian, author, career, radio jockey, record producer, businessman, D, and entrepreneur. He rose to prominence through appearances on America’s Got Talent and other programs.