Nick Cannon Net Worth: How Much He Earned!

By David Mudd On Mar 7, 2022

Cannon is a well-known American actor and television personality who has amassed a fortune of more than $30 million. Nick has achieved success in a variety of fields, including television, cinema, radio, and as an entrepreneur and producer.

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Nick Cannon Early Life

Nick Cannon was born on October 8, 1980, in the city of San Diego, California. His granddad was the primary caregiver for him. He grew raised at the Bay Vista Housing Projects, which are located in Lincoln Park.

In his adolescence, Cannon belonged to the Lincoln Park Bloods street gang. However, after a close friend was killed by gang members, Cannon decided to leave the group. He began performing at the age of eight, and by the age of eleven, he was already appearing on his father's local cable access television show, performing stand-up comedy.

Cannon received his high school diploma from Monte Vista in 1998. The next year, Nick relocated to Los Angeles, where he performed stand-up comedy at venues such as The Laugh Factory, The Improv, and The Comedy Store (among others). During the mid-90s, Nick scored a position on the Nickelodeon sketch comedy show “All That,” which was his first major television appearance. Cannon was also a member of the rap group Da G4 Dope Bomb Squad while he was a teenager, and the group performed as an opening act for prominent nineties groups such as LFO, 98 Degrees, Montell Jordan, and Will Smith.

Nick Cannon Career

Nick had a brief cameo appearance in the 2002 film “Men in Black II.” His first leading part occurred in the 2002 film “Drumline,” in which he played the major character Devon Miles, and the following year in the comedy “Love Don't Cost a Thing,” in which he portrayed the main character Devon Miles.

“Shall We Dance,” “Roll Bounce,” and the 2006 film “Bobby” are among the other films in the series. In 2007, he was nominated for a Screen Actors Guild Award for his portrayal in “Bobby,” and he was awarded the Breakthrough Actor of the Year Award at the Cannes Film Festival for his work in the film. Nick went on to act in the Spike Lee film “Chi Raq,” which was released in 2015. Cannon was the host of “Wild & Out,” a popular television comedy sketch programme that aired on MTV from 2005 to 2007.

The show ran for a total of four seasons. When Nick took over as presenter of the show in 2012, it was a huge hit.

Nick started his own record label, “Can I Ball Records,” in 2005, and has been in business since since. His self-titled debut studio album, which was released in 2003, peaked at #15 on the Billboard R&B chart in the United States. The first single from the album, “Can I Live,” was released in July 2005.

Can-I-Ball Records was closed down by Nick in 2009, prompting him to start a new record company, N'Credible Entertainment. Using the persona of Slick Rick as inspiration, Cannon developed a spoof character he dubbed Slick Nick in 2010. During his time as the persona, he recorded two tracks and, in December 2011, released a mixtape named “Child of the Corn.” “Me Sexy,” a new single by Cannon, was released in July of this year. He released a second track, “Looking for a Dream,” in which he collaborated with DJ Afrojack.

In 2014, he released his second studio album, titled “White People Party Music.” It was reported on November 16, 2016, that Cannon's second mixtape, “The Gospel of Ike Turn Up: My Side of the Story,” was out. Nick released a diss tune against Eminem, titled “The Invitation,” in December of this year. After Eminem responded with a tweet, Cannon went into the studio and produced a second diss tune the same day.

Nick Cannon as Host

After Regis Philbin left the show, he became the presenter of “America's Got Talent” in 2009. From 2009 through 2016, he served as the show's host. He was paid $70,000 every episode of “America's Got Talent” while he served as host. Nick revealed in 2017 that he will not be returning for the 2017 season, citing “creative issues” between himself and NBC management as the reason.

Although the network had already considered terminating Nick when he made critical remarks about NBC in his Showtime comedy special, “Stand Up, Don't Shoot,” the decision to fire him was not taken until now. Because Cannon was technically still under contract with NBC and might have been sued for breach of contract, NBC management first refused to accept his departure. However, it was finally approved, and he was replaced as presenter of “America's Got Talent” by Tyra Banks, who has since become a household name.

Nick Cannon CBS Firing

According to some, Nick made anti-Semitic statements in the June 30, 2020, edition of his podcast “Cannon's Class.” Public Enemy rapper Professor Griff left the group after making antisemitic statements, and Cannon explored various conspiracy theories concerning the Rothschild family that were considered antisemitic throughout the interview.

As a result of Cannon's statements, ViacomCBS ended its partnership with him and his show “Wild ‘N Out” on July 14, 2020, citing “hateful rhetoric and antisemitic conspiracy theories.” Nick Cannon Mornings” is Cannon's radio show on KPWR Power 106. The announcement was made through tweet on July 16, 2020, that he would be taking a break from his radio programme in order to ponder and develop a strategy.

We're taking a break from the programme indefinitely. “The Masked Singer” presenter James Corden offered an apology on Twitter and was able to continue hosting the Fox show.

Nick Cannon Life

From 2008 until 2016, Nick Cannon was married to pop superstar Mariah Carey. They exchanged vows on her private island estate in the Bahamas, Windermere. The couple has two children together, Monroe and Moroccan Scott, twins. In August of this year, Nick and Mariah announced their separation.

They separated in 2015 and divorced in 2016. Mariah had a net worth of $150 million when she married Nick in 2008, whereas Nick had a net worth of less than $500,000 at the time of their marriage. As previously mentioned, Mariah's 2014 earnings were $6.3 million, while Nick's came in at $2.7 million.

Nick was awarded the ownership of a 2012 Ferrari and ordered to pay $5,000 a month to a trust for their twins as part of their settlement, which was kept secret. Nick and Mariah's longstanding Los Angeles Bel Air house was sold for $9 million shortly after they filed for divorce. In 2009, they paid $7 million for the house. Farrah Fawcett lived in the home for almost two decades until selling it in 1999 for $2.7 million.

Golden “Sagon” Cannon, Cannon's kid with model Brittany Bell, was born in February 2017 and is named after his father.

As of 2020, Cannon will have earned a bachelor's degree in Criminology/Administrative Justice from Howard University.