Nick Cannon Net Worth: The Millionaire TV Host, Actor, Rapper & Comedian

We take a look at the Net Worth of Nick Cannon, Top Quotes, Personal Life, Career & More. Find out how Nick Cannon made his money.
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My Vocation is my Vacation. I love what I do.

– Nick Cannon

Nick Cannon is a TV host and actor with a net worth of $20 million. Nick is a multi-talented man with his fingers in many pies. He’s experienced success in radio, TV, film, production, and business. Nick earns around $5 million per year in salary from his TV and acting commitments, and the actor has a large family to support.

Nick has eight children with five different women, including twins with the R&B star Mariah Carey. The actor pays child support for his kids and has a good relationship with all the women in his life and his children.

Nick Cannon: The Facts

Net Worth:$20 Million
📆 DOB:October 8, 1980
🌎 Country of Origin:United States of America
💲 Source of Wealth:Actor, Musician
✅ Updated:2023

Nick Cannon benefited from being able to take his talents to the screen, and his persistence paid off. The result of his hard work landed him many production deals and casting deals, netting him millions. He got his start in show business at an early age, appearing on screen for the first time at 17 years old.

Nick Cannon – Early Years

Born in San Diego, California, on October 8, 1980, Nick Cannon grew up in his grandfather’s home in his early youth. His grandad owned an apartment in Lincoln Park’s Bay Vista Housing Projects. Where Nick was approached by local gang members at an early age.

Nick joined the Lincoln Park Bloods street gang as a teen. However, his tenure as a thug was short-lived after losing a close friend to gang violence.

Cannon started his music career at the tender age of eight after his grandfather bought him several instruments to practice. While the music was his first love, Nick took to the stage as a teenager to do standup comedy. He started out performing on his father’s public-access TV show, and his success led to him being booked at local comedy clubs.

Nick Cannon
Nick Cannon

In 1998, Nick graduated from Monte Vista High School, moving to Hollywood to chase his dreams of being a movie star. He worked as a standup for years, garnering himself a name at top clubs like The Comedy Store, The Laugh Factory, and The Improv.

However, Nick would get his big break on TV after landing a role on the Nickelodeon sketch comedy show “All That” during the mid-1990s. During this time, Nick was a part of the hip hop group ‘Da G4 Dope Bomb Squad,’ with the group opening for acts like Will Smith, Montel Jordan, LFO, and 98 Degrees.

Cannon decided to make up for his lack of education later in life. The actor/musician enrolled at Howard University in 2016, graduating in 2020 with a BA degree in Criminology/Administration of Justice.

Image Taken From Nick Cannon Instagram Image © Nick Cannon
Image Taken From Nick Cannon Instagram Image © Nick Cannon

Nick Cannon – Career

After accepting the gig at Nickelodeon, Cannon became the youngest-ever staff writer for the show at 17 years old. After experiencing success at Nickelodeon, he landed ‘The Nick Cannon Show,’ producing and starring in it, before moving on to sign with MTV to create his improv series, ‘Nick Cannon Presents Wild’ N Out.’

It turned out to be one of the most successful shows ever produced on MTV, with Cannon running it from 2005 to 2007. The show would return for a longer run on MTV2 in 2013. Cannon joined as one of the hosts on ‘Americas Got Talent,’ serving from 2009 to 2017.

During his tenure on the show, the exposure he received as a host earned him appearances on TV shows like ‘Brooklyn Nine-Nine’ and ‘Real Husbands of Hollywood.’

Image Taken From Nick Cannon Instagram Image © Nick Cannon
Image Taken From Nick Cannon Instagram Image © Nick Cannon

Nick returned to hosting in 2019 with his role on the competition TV series ‘The Masked Singer.’ While he was successful on TV, Nick always dreamed of being in movies, and he earned his breakthrough appearance alongside his childhood hero, Will Smith, on ‘Men in Black II, in 2002.

That same year, Nick landed a leading role as Devon Miles in the TV movie, Drumline. His acting career started to take off, with Nick securing work on Shall We Dance (2004), Roll Bounce (2005), and Bobby (2006).

Cannon was the first African-American to receive the ‘Breakthrough Actor of the Year Award’ at the Cannes Film Festival in 2007. He also got the nod from the Screen Actors Guild for his role in Bobby. Cannon’s breakthrough role into Hollywood A-list status came in 2015 with his performance in Spike Lee’s  ‘Chi-Raq.’

In 2017, Nick announced he would be producing, directing, and starring in ‘She Ball.’ However, the movie was a commercial flop.

Nick Cannon – Music

Cannon started his music career in 2005 after starting his label, ‘Can I Ball Records.’ He released his self-titled studio album in 2003, with it reaching number 15 on the US R&B chart. Cannon released the lead single from the project ‘Can I Live’ in July 2005 to critical acclaim.

Cannon formed a new record label in 2009,’ N’Credible Entertainment,’ after disbanding ‘Can-I-Ball Records.’ The artist decided to make a parody of the rapper ‘Slick Rick’ in 2009, calling himself ‘Slick Nick.’ He released two hit singles under the pseudonym, followed by a mixtape titled ‘Child of the Corn’ in late 2011.

Image Taken From Nick Cannon Instagram Image © Nick Cannon
Image Taken From Nick Cannon Instagram Image © Nick Cannon

In July 2013, Nick released the single, ‘Me Sexy’ followed by a second, ‘Looking for a Dream,’ featuring a collaboration with Afrojack. He released a second studio album ‘White People Party Music, in 2014, and his next mixtape, ‘The Gospel of Ike Turn Up: My Side of the Story,’ was released in November 2016.

In December 2019, Cannon decided to record an Eminem diss track, ‘The Invitation.’ Cannon caught the attention of the rapper and decided to write a second diss track the same day as the tweet.

Nick Cannon – America’s Got Talent

Cannon played the role of Regis Philbin in 2019. He served as the host of the show ‘America’s Got Talent’ from 2009 to 2016, earning $70,000 per episode. Nick would cite creative differences with the executive team at the end of the 2017 season, stating he wouldn’t be back for the show’s following season.

However, Nick was already on the wire at the time, and there were rumors of the company potentially firing him for his controversial statements in his Showtime special, ‘Stand Up, Don’t Shoot.’ Tyra Banks went on to replace Cannon on America’s Got Talent.

Nick Cannon – CBS Firing

Nick Cannon got into trouble in 2020 after ViacomCBS announced they were canceling the actor due to him failing to acknowledge or apologize for perpetuating anti-Semitic remarks. The ‘slurs’ appeared on Nick’s YouTube series, ‘Cannon’s Class.’

When interviewed about his transgression and refusal to apologize, Cannon went on a rant discussing conspiracy theories and the Rothschild family. The actor seemed somewhat unhinged during the interview with rapper Professor Griff of Public Enemy.

ViacomCBS terminated the relationship on July 14, 2020, citing “hate speech and antisemitic conspiracy theory.” The news of the cancelation spread to KPWR Power 106, where Cannon hosts the show ‘Nick Cannon Mornings.’

Cannon announced on July 16, 2020, that he would be taking time off from the radio show to reflect on his options and create a new plan of action for his career.

After realizing the industry was in the process of canceling him for good, Nick took to Twitter to apologize for his actions on the show. His tweet is as follows.

“First and foremost, I extend my deepest and most sincere apologies to my Jewish sisters and brothers for the hurtful and divisive words that came out of my mouth during my interview with Richard Griffin.”

“They reinforced the worst stereotypes of a proud and magnificent people, and I feel ashamed of the uninformed and naïve place that these words came from.”

The actor went on to say, “While the Jewish experience encompasses more than 5,000 years and there is so much I have yet to learn, I have had at least a minor history lesson over the past few days, and to say that it is eye-opening would be a vast understatement.”

He concluded the apology with the following statement.

“I want to express my gratitude to the Rabbis, community leaders, and institutions who reached out to me to help enlighten me instead of chastising me.”

“I want to assure my Jewish friends, new and old, that this is only the beginning of my education — I am committed to deeper connections, more profound learning, and strengthening the bond between our two cultures today and every day going forward.”

Due to his apology, Nick remained the host of his Fox TV show ‘The Masked Singer,’ which he’s hosted since 2019.

Nick Cannon – Mariah Carey

Nick Cannon was the husband of Mariah Carey between 2008 to 2016. The couple married on a private estate on Windermere Island in The Bahamas. Carey and Cannon have four children together, including a set of twins, Moroccan Monroe and Scott.

However, the couple didn’t last, separating in August 2014, with their divorce finalized in early 2016. Nick claims he and Mariah have an amicable relationship and still sees his kids from time to time. When the couple married in 2006, Nick had a paltry net worth of just $500,000, compared to Carey’s fortune of $150 million.

Nick Cannon & Mariah Carey
Nick Cannon & Mariah Carey

The filings also revealed that Nick earned $2.7 million in 2014, while Carey earned $6.3 million for the year. As part of the divorce settlement, Nick received a 2012 Ferrari and had to commit to paying $5,000 per month to a trust for their children.

The couple sold their home in LA’s Bel Air neighborhood after filing for divorce, selling the property for $9 million. The couple previously purchased the house for $7 million in 2009.

Nick Cannon – Personal Life

Nick Cannon has eight children with five different women. He has a son, Golden “Sagon” Cannon, with fashion icon Brittany Bell, born in February 2017.

Cannon also is the father to two sets of twins, including one set of twins with the R&B icon Mariah Carey. In 2021, Nick welcomed four children into the world, with three different women.

Nick Cannon – Activism

Nick Cannon is also an avid activist and philanthropist. He runs a charitable foundation, ‘The Nicholas Scott Cannon Foundation,’ where he used the vehicle to film an awareness campaign for the ‘Do Something’ movement in 2011.

Cannon has also served as a celebrity spokesperson for ‘The National Association of Letter Carriers’ annual food drive since 2011.

Nick Cannon Quotes

Nobody can predict the future. You just have to give your all to the relationship you’re in and do your best to take care of your partner, communicate and give them every last drop of love you have. I think one of the most important things in a relationship is caring for your significant other through good times and bad.

I think it takes a strong man to be in a relationship with a strong woman. A lot of people hear the word ‘diva’ and think of it as a negative. I see it as a positive. I want somebody who knows what they want out of life and isn’t afraid to show it.

I think one of the most important things in a relationship is caring for your significant other through good times and bad.

I’m so into playing different characters, even when I was on Nickelodeon. I just observe.

In the hip-hop community, it’s about how real are you, or how strong can you be, and really my music just reflects me. If you can accept me, then you can accept my music.

To be compared to Will Smith is probably one of the coolest things because that’s who I came up admiring.

Real men change diapers! Nick Cannon If you want to be in the automotive business, you go to Detroit, and you figure it out. If you want to be in Entertainment, go to where it’s at. Go to Hollywood, go to New York.

Just speak yourself into existence. Whatever you want, speak it. You can see it.

I’m a musician. I play instruments. I dabble in the hip-hop field. That doesn’t take vocal ability necessarily.

I just work – however people feel about it, I mean, at the end of the day, if I’m waiting for accolades, I could be waiting all my life, but I don’t need that stuff.


Oliver Dale is Editor-in-Chief of MoneyCheck and founder of Kooc Media Ltd, A UK-Based Online Publishing company. A Technology Entrepreneur with over 15 years of professional experience in Investing and UK Business.His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More.He built Money Check to bring the highest level of education about personal finance to the general public with clear and unbiased reporting.oliver@moneycheck.com