Nick Cannon’s Net Worth and Biography in a Nutshell
- Net Worth: $50 Million
- Salary: $20 Million
- Birthdate: October 8, 1980 (44 years old)
- Birthplace: San Diego, California
- 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
What Is Nick Cannon’s Net Worth in 2024?
Nick Cannon, a renowned American actor, television host, and rapper, boasts an impressive net worth of $50 million. Over the years, he has excelled in various fields, including television, film, radio, and entrepreneurship. His versatility and talent have made him a household name in the entertainment industry.
Television Hosting and Income
Nick Cannon is best known for hosting the popular show “The Masked Singer”, where he reportedly earns $20 million annually. His overall television hosting duties contribute to a staggering yearly income of $25 million. This makes him one of the highest-earning TV hosts in the industry.
Nick Cannon’s Family and Lifestyle
Nick is equally famous for his large family. As of now, he has 12 children with six different women. Among his children are twins with singer Mariah Carey and another set of twins from a different relationship.
According to Nick, he spends over $3 million annually on his children, reflecting his commitment to providing for them.
Key Highlights:
- Profession: Actor, TV Host, Rapper, Entrepreneur.
- Net Worth: $50 million.
- Annual Income: $25 million (from hosting).
- Major TV Show: “The Masked Singer.”
- Family Size: 12 children with six women.
- Spending on Children: $3 million per year.
Early Life, Struggles, and Rise to Fame
Early Life and Family Background
Nick Cannon, born Nicholas Scott Cannon on October 8, 1980, in San Diego, California, spent much of his childhood under the care of his grandfather. He was raised in the Bay Vista Housing Projects in the Lincoln Park neighborhood.
As a teenager, Cannon briefly affiliated with the Lincoln Park Bloods street gang, but he chose to leave this life behind after losing a close friend to violence.
Early Beginnings in Comedy and Entertainment
Nick began performing at just 8 years old, showcasing his comedic skills on his father’s local cable television show by age 11. He graduated from Monte Vista High School in 1998 and soon moved to Hollywood to pursue a career in entertainment.
Rise to Fame in Comedy and Music
After relocating to Hollywood, Cannon performed stand-up comedy at iconic venues such as The Laugh Factory, The Improv, and The Comedy Store. His big break came in the mid-1990s when he appeared on the popular Nickelodeon sketch comedy show “All That”.
Music Career with Da G4 Dope Bomb Squad
As a teenager, Nick was part of a rap group called Da G4 Dope Bomb Squad, which opened for notable 1990s acts like:
- LFO
- 98 Degrees
- Montell Jordan
- Will Smith
Key Highlights:
- Full Name: Nicholas Scott Cannon.
- Born: October 8, 1980, in San Diego, California.
- Raised by: Grandfather in Bay Vista Housing Projects.
- Education: Graduated from Monte Vista High School in 1998.
- Breakthrough Show: Nickelodeon’s “All That.”
- Music Group: Da G4 Dope Bomb Squad, performed alongside 90s legends.
Acting Career and Television Success
Breakthrough in Hollywood
Nick Cannon’s journey in Hollywood began with a minor role in “Men in Black II” (2002). The same year, he made his big-screen debut as the lead in “Drumline”, playing the character Devon Miles. This role marked the start of his successful acting career.
In 2003, Nick starred in the comedy “Love Don’t Cost a Thing”, followed by roles in notable films such as:
- “Shall We Dance”
- “Roll Bounce”
- “Bobby” (2006)
His performance in “Bobby” earned him recognition from the Screen Actors Guild Awards in 2007 and the Breakthrough Actor of the Year Award at the Cannes Film Festival.
In 2015, Cannon starred in Spike Lee’s critically acclaimed film “Chi-Raq”, showcasing his versatility as an actor.
“Wild ‘N Out” and Television Success
Nick Cannon is also celebrated for creating and hosting the hit sketch comedy show “Wild ‘N Out”. The show originally aired on MTV from 2005 to 2007, running for four seasons. After a brief hiatus, it was revived in 2012, with Cannon continuing as the host, cementing the show’s legacy as a platform for rising comedic talent.
Key Achievements:
- Breakthrough Film: “Drumline” (2002).
- Award-Winning Role: “Bobby” (2006), SAG Award nod and Cannes honor.
- Notable Films: “Love Don’t Cost a Thing,” “Roll Bounce,” “Shall We Dance,” “Chi-Raq.”
- “Wild ‘N Out”: Creator and host, a landmark comedy series on MTV.
Music Career
Early Start and Debut Album
Nick Cannon ventured into the music industry with his self-titled debut album, “Nick Cannon”, in 2003. The album reached #15 on the US R&B chart and featured the lead single, “Can I Live?”, released in July 2005.
Can-I-Ball Records and N’Credible Entertainment
In 2005, Nick launched his first record label, Can-I-Ball Records, to expand his music career. However, he later closed it to form a new label, N’Credible Entertainment, in 2009, marking a fresh start for his musical endeavors.
Musical Experimentation and Parody
Nick showcased his creativity by creating a parody character, Slick Nick, inspired by Slick Rick, in 2010. As Slick Nick, he released two singles and, in 2011, dropped a mixtape titled “Child of the Corn”.
Major Releases and Collaborations
- In 2013, he released the single “Me Sexy” and followed it with “Looking for a Dream”, featuring Afrojack.
- His second studio album, “White People Party Music”, came out in 2014, blending humor with music.
- In 2016, he released his second mixtape, “The Gospel of Ike Turn Up: My Side of the Story”, showcasing his unique storytelling.
Rap Battles and Diss Tracks
Nick’s rap career took a fiery turn in December 2019 when he recorded a diss track, “The Invitation”, targeting Eminem. Following Eminem’s tweet in response, Cannon quickly released a second diss track the same day, fueling a high-profile rap feud.
Key Achievements:
- First Label: Can-I-Ball Records (2005).
- Second Label: N’Credible Entertainment (2009).
- Top Albums: “Nick Cannon” (2003), “White People Party Music” (2014).
- Notable Singles: “Can I Live?” (2005), “Me Sexy” (2013), “Looking for a Dream” (2013).
- Mixtapes: “Child of the Corn” (2011), “The Gospel of Ike Turn Up” (2016).
- Rap Feud: Diss tracks against Eminem (2019).
Journey as the Host of America’s Got Talent
Hosting Debut on America’s Got Talent
In 2009, Nick Cannon replaced Regis Philbin as the host of the popular talent competition show, “America’s Got Talent” (AGT). Nick quickly became a fan favorite, hosting the show for eight seasons from 2009 to 2016.
Earnings and Popularity
During his tenure on AGT, Cannon reportedly earned $70,000 per episode, making him one of the highest-paid hosts in television. His dynamic presence and humor significantly contributed to the show’s appeal.
Departure from America’s Got Talent
In 2017, Nick announced that he would not return for the upcoming season due to creative differences with NBC executives. The controversy stemmed from comments Nick made about NBC in his Showtime comedy special, “Stand Up, Don’t Shoot”, which NBC executives found inappropriate.
Despite being under contract, Cannon resigned, risking a potential lawsuit for breach of contract. Initially, NBC executives refused his resignation, but they ultimately accepted it. Nick Cannon was succeeded by Tyra Banks as the host of AGT.
Key Highlights:
- Tenure: Hosted America’s Got Talent from 2009 to 2016.
- Earnings: $70,000 per episode.
- Reason for Leaving: Creative differences and conflict with NBC.
- Successor: Tyra Banks.
Controversy and Its Aftermath
The Podcast Episode and Controversial Remarks
On June 30, 2020, during an episode of his podcast “Cannon’s Class”, Nick Cannon interviewed Professor Griff from Public Enemy. The conversation included discussions about antisemitic conspiracy theories, specifically involving the wealthy Rothschild family. Cannon’s remarks were widely criticized for being antisemitic.
Fallout with ViacomCBS
In response to these comments, ViacomCBS announced on July 14, 2020, that it would terminate its long-standing relationship with Nick Cannon. This decision impacted Cannon’s popular MTV show, “Wild ‘N Out”, which had been a flagship program for years. ViacomCBS cited Cannon’s promotion of “hateful speech and antisemitic conspiracy theories” as the reason for the termination.
Radio Show Hiatus
At the time, Cannon was hosting “Nick Cannon Mornings” on KPWR Power 106. On July 16, 2020, Cannon tweeted that he would take a break from the show to reflect and devise an action plan. The radio show has been on indefinite hiatus since then.
Public Apology and Retention on The Masked Singer
Nick Cannon issued a public apology on Twitter for his comments and began efforts to repair his image. Despite the backlash, Cannon retained his hosting role on the Fox show “The Masked Singer”, which he has hosted since 2019.
Key Events:
- Podcast Controversy: Comments made on Cannon’s Class episode on June 30, 2020.
- ViacomCBS Termination: Relationship ended on July 14, 2020, affecting Wild ‘N Out.
- Radio Show Hiatus: Announced break from Nick Cannon Mornings on July 16, 2020.
- Public Apology: Addressed controversy on Twitter.
- Continued Role: Remained host of The Masked Singer on Fox.
Nick Cannon’s Marriage to Mariah Carey
A High-Profile Union
Nick Cannon and global pop icon Mariah Carey tied the knot on April 30, 2008. Their wedding was an intimate ceremony held at Mariah’s private estate on Windermere Island in The Bahamas, marking the beginning of one of Hollywood’s most talked-about relationships.
Welcoming Twins
The couple became proud parents to twins, named Monroe and Moroccan, born in April 2011. The names hold personal significance: Monroe is a tribute to Mariah’s inspiration, Marilyn Monroe, while Moroccan reflects the Moroccan-style decor in Carey’s apartment, where Nick proposed.
Separation and Divorce
After several years of marriage, Nick and Mariah announced their separation in August 2014. Their divorce proceedings concluded in 2016, formally ending their eight-year marriage. Despite their split, they remain committed to co-parenting their children.
Key Highlights:
- Wedding Date: April 30, 2008.
- Wedding Venue: Private estate on Windermere Island, The Bahamas.
- Children: Twins Monroe and Moroccan, born in April 2011.
- Separation: Announced in August 2014.
- Divorce Finalized: 2016.
Divorce Settlement
Net Worth at the Start of Marriage
When Nick Cannon and Mariah Carey got married in 2008, their financial standings were vastly different. According to legal filings:
- Mariah Carey had an estimated net worth of $150 million.
- Nick Cannon was worth less than $500,000.
Earnings in 2014
By the time they separated in 2014, both had significant incomes:
- Mariah earned $6.3 million.
- Nick earned $2.7 million.
Divorce Settlement and Asset Division
The divorce settlement details remained largely private, but key aspects revealed include:
- Nick Cannon retained ownership of a 2012 Ferrari.
- Nick agreed to pay $5,000 per month into a trust for their twins, Monroe and Moroccan.
Sale of Their Bel Air Home
As part of the divorce process, the couple sold their Bel Air mansion for $9 million.
- Purchase Details: Bought in 2009 for $7 million.
- History: The property was previously owned by actress Farrah Fawcett, who sold it in 1999 for $2.7 million after living there for over 20 years.
Key Financial Facts:
- Mariah’s net worth at marriage: $150 million.
- Nick’s net worth at marriage: Less than $500,000.
- 2014 Earnings: Mariah ($6.3 million) and Nick ($2.7 million).
- Divorce Settlement: Nick kept a 2012 Ferrari and contributes $5,000/month for their children.
- Bel Air Home Sale: Sold for $9 million, purchased for $7 million in 2009.
How Many Kids Does Nick Cannon Have?
- Nick Cannon is a proud father of 12 children.
- He shares his children with six different women, including his ex-wife Mariah Carey.
- His children’s names are Moroccan, Monroe, Golden, Powerful Queen, Zion Mixolydian, Zillion Heir, Zen, Legendary Love, Onyx Ice, Rise Messiah, Beautiful Zeppelin, and Halo.
Nick Cannon’s Children Timeline
Nick Cannon has welcomed 12 children with six different women, showcasing his large and loving family. Here’s a chronological breakdown of the births:
2011
- April 30: Nick and Mariah Carey welcomed twins, a son Moroccan and a daughter Monroe.
2017
- February 21: Nick and Brittany Bell welcomed a son, Golden Sagon.
2020
- December 23: Nick and Brittany Bell welcomed a daughter, Powerful Queen.
2021
- June 14: Nick and Abby De La Rosa welcomed twin sons, Zion Mixolydian and Zillion Heir.
- June 23: Nick and Alyssa Scott welcomed a son, Zen. Tragically, Zen passed away five months later due to brain cancer.
- June 28: Nick and model Bre Tiesi welcomed a son, Legendary Love.
2022
- September 14: Nick and LaNisha Cole welcomed a daughter, Onyx Ice Cole.
- September 23: Nick and Brittany Bell welcomed another son, Rise Messiah.
- November 11: Nick and Abby De La Rosa welcomed a daughter, Zeppelin.
- December 2022: Nick and Alyssa Scott welcomed a daughter, Halo Marie, Nick’s 12th child and 11th surviving child.
Key Highlights:
- Number of Children: 12 (11 surviving).
- Twins: Welcomed twins twice—Monroe and Moroccan (2011) with Mariah Carey, and Zion and Zillion (2021) with Abby De La Rosa.
- Recent Addition: Halo Marie (December 2022) with Alyssa Scott.
- Tragedy: Zen passed away at 5 months due to brain cancer.
Nick Cannon’s Annual Child Expenses
Nick Cannon has made headlines for his impressive financial commitment to his children. During a November 2022 episode of the podcast “The Neighborhood Talk,” Nick was asked to confirm estimates that he spends $3 million annually on his kids. His response?
“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.”
Key Details:
- Annual Spending: Nick spends well over $3 million a year on his children.
- Independent Expenses: This spending is not court-ordered, nor is it tied to any governmental support systems. It is entirely self-funded and based on his personal choice to provide for his children.
- Impressive Financial Commitment: Nick’s dedication to his children’s well-being and future reflects his success across various industries.
Real Estate Investments
Nick Cannon has made several high-profile real estate purchases throughout his career. Here’s a look at some of his most notable properties:
Bel-Air Mansion (2009-2015)
- Purchase Price (2009): Nick and Mariah Carey bought a lavish estate in Bel-Air, Los Angeles, for $7 million.
- Sale Price (2015): As part of their divorce settlement, the couple sold the mansion for $9 million.
Saddle River Mansion (2021)
- Purchase Price (2021): In July 2021, Nick purchased a $3.2 million mansion in Saddle River, New Jersey. He had been renting this property for some time before making the purchase.
Woodland Hills Home (2024)
- Purchase Price (2024): In February 2024, Nick bought a home in Woodland Hills, an LA suburb, for $3.1 million.
Key Highlights:
- $7 Million Estate: Nick’s former home in Bel-Air, which appreciated in value during their ownership.
- $3.2 Million Mansion: Purchased in Saddle River, New Jersey, after renting it for a while.
- Recent Purchase: A $3.1 million home in Woodland Hills, California, in 2024.
Education and Philanthropy
Nick Cannon is not only known for his entertainment career but also for his commitment to education and philanthropy.
Education
- Howard University (2016-2020): Nick Cannon enrolled at Howard University in 2016 and graduated with a Bachelor’s degree in Criminology/Administration of Justice in 2020.
Philanthropy
- The Nicholas Scott Cannon Foundation: Cannon runs his own charity, the Nicholas Scott Cannon Foundation, focused on supporting various causes.
- Public Service Announcement (2011): In 2011, he filmed a public service announcement for Do Something, an organization encouraging teens to discover their passions and actively contribute to their communities.
- Celebrity Spokesperson for Food Drive: Since 2011, Cannon has served as a celebrity spokesperson for the National Association of Letter Carriers’ annual food drive, helping raise awareness about food insecurity and encouraging people to contribute.
Key Highlights:
- Bachelor’s Degree: Nick Cannon earned a degree in Criminology and Administration of Justice from Howard University in 2020.
- Charitable Work: Founder of The Nicholas Scott Cannon Foundation, a platform for giving back to the community.
- Social Impact: Longtime spokesperson for Do Something and the National Association of Letter Carriers’ food drive.
Nick Cannon Health and Illnesses
Kidney Failure and Lupus Nephritis
On January 4, 2012, Nick Cannon was hospitalized for mild kidney failure. He was later treated again on February 17, 2012, for a pulmonary embolism. Cannon revealed on March 5, 2012, that his kidney problems were caused by lupus nephritis, a serious condition related to the autoimmune disease lupus.
Narcissistic Personality Disorder
In November 2024, Nick Cannon opened up about being clinically diagnosed with narcissistic personality disorder. He shared that he recognized he needed help and acknowledged the importance of seeking mental health support.
FAQs
Nick Cannon has 12 children.
Nick Cannon has children with six different women
Nick Cannon was born on October 8, 1980, making him 44 years old as of 2024.
Nick Cannon is approximately 6 feet tall.
As of now, Nick Cannon is dating Bre Tiesi.
Nick Cannon has been diagnosed with narcissistic personality disorder
Explore More:
Busta Rhymes’ Net Worth 2024: Music, Acting, and Business Ventures
Joe Lonsdale’s Net Worth 2024 Breakdown: From Palantir to 8VC Success
Patsy Kensit Net Worth 2024: How She Became a Multi-Millionaire
Jordin Sparks Net Worth 2024: Music, Acting, Endorsements, and More
Ryan Seacrest Net Worth 2024: His Earnings, Real Estate, and Philanthropy