Nick Cannon Net Worth In 2024? You Won’t Believe the Figure

Nick Cannon is an American entertainer who has found success as an actor, comedian, rapper, producer, and television/radio host. He first rose to fame in the late 1990s as a cast member on the Nickelodeon sketch comedy series All That. Since then, he has gone on to star in films like Drumline and Roll Bounce while also hosting shows like America’s Got Talent and The Masked Singer. Let’s take a closer look at Nick Cannon Net Worth In 2024.

As of 2024, Nick Cannon has a net worth of $50 million. He earns around $25 million per year from his various endeavors, with $20 million coming just from hosting The Masked Singer. Nick also spends over $3 million annually supporting his large family of 12 children from six different women.

Early Life and Career Beginnings

Nick Cannon was born on October 8, 1980 in San Diego, California and grew up in the Bay Vista Housing Projects. As a teenager, he was affiliated with the Lincoln Park Bloods street gang but left after a close friend was killed.

Cannon began performing stand-up comedy at age 11 on his father’s local cable access TV show. After graduating high school in 1998, he moved to Hollywood and started landing gigs at clubs like The Laugh Factory and The Comedy Store. His big break came when he was cast on the Nickelodeon sketch series All That in the late 90s.

Film Career

Cannon made his film debut with a small role in Men in Black II in 2002. His first starring role came later that year as Devon Miles in the musical drama Drumline. Other notable film credits include Love Don’t Cost a Thing (2003), Shall We Dance? (2004), Roll Bounce (2005) and Bobby (2006), the latter of which earned him a Screen Actors Guild Award nomination.

More recently, Cannon starred in the 2015 Spike Lee film Chi-Raq. While he continues to act, his focus has shifted more to television and other business ventures in recent years.

Television Hosting

From 2005 to 2007, Cannon created, executive produced and hosted the MTV improv comedy series Wild N’ Out for four seasons. The show was later revived with Cannon at the helm again starting in 2012.

His biggest hosting gig came in 2009 when he replaced Regis Philbin as the host of America’s Got Talent. He served as host for eight seasons, earning around $70,000 per episode, before leaving in 2016 due to creative differences with NBC executives.

In 2019, Cannon began hosting the hit celebrity singing competition The Masked Singer on Fox. His hosting duties for the show earn him an estimated $20 million per year.

Music Career

As a musician, Cannon has released two studio albums: his self-titled debut in 2003 and White People Party Music in 2014. He also founded his own record label N’Credible Entertainment in 2009 and has recorded under the alter ego Slick Nick.

In December 2019, Cannon ignited a rap feud with Eminem, releasing two diss tracks targeting the rapper. This led to Cannon’s firing by ViacomCBS and temporary hiatus from his radio show at Power 106 in 2020 after he made anti-Semitic comments on his podcast.

Marriage to Mariah

Carey Cannon married pop superstar Mariah Carey in 2008 after six weeks of dating. They have two children together: twins Moroccan and Monroe born in 2011.

Cannon and Carey separated in 2014 and finalized their divorce in 2016. As part of the settlement, Cannon received the title to a 2012 Ferrari but was required to pay $5,000 per month to a trust for their twins.

How Many Kids Does Nick Cannon Have?

As of 2024, Cannon has 12 children from six different women:

• Twins Monroe and Moroccan with Mariah Carey
• Golden, Powerful Queen, and Rise Messiah with Brittany Bell
• Twins Zion and Zillion, and daughter Beautiful Zeppelin with Abby De La Rosa
• Son Legendary Love with Bre Tiesi
• Son Zen (who passed away at 5 months from brain cancer) and daughter Halo Marie with Alyssa Scott
• Daughter Onyx Ice Cole with LaNisha Cole

Cannon confirms that he spends over $3 million annually supporting his extensive family.

Real Estate and Assets

Records show that Cannon has owned several lavish homes over the years. He previously shared a $9 million mansion with Mariah Carey in LA’s Bel-Air neighborhood. In 2021, he bought a $3.2 million estate in New Jersey where he had been renting. More recently, he purchased a $3.1 million property in the LA suburb of Woodland Hills.

In terms of vehicles, Cannon received the title to a 2012 Ferrari as part of his divorce settlement from Carey. He also owns a Rolls-Royce Dawn worth over $300,000.

Philanthropy and Other Ventures

In addition to entertainment, Cannon is active in philanthropy with his own charity foundation. He also became a reserve police officer in Southern California and enrolled at Howard University in 2016, graduating in 2020 with a Bachelor’s degree in Criminology and Administration of Justice.

Furthermore, Cannon oversees his own production company N’Credible Entertainment as well as a popular radio show in Los Angeles. With his wide-ranging business ventures combined with lucrative hosting and acting gigs, Nick Cannon has amassed a personal fortune of $50 million and counting. I sincerely hope you like reading this “Nick Cannon Net Worth In 2024? You Won’t Believe the Figure” article.