Nick Cannon Net Worth – How Rich is Nick Cannon

Nick Cannon has been thought of as something like a modern day Renaissance man. He has done so much over the course of his career, whether it be as a rapper, a television personality, or as an entrepreneur. However, not everyone knows about how Nick Cannon actually got started. He may be a man of many hats, but where did he get his start in the entertainment industry? Not only that, but how much money has he made over the course of his career? He has had several big name sponsorships recently, and there are a couple of gigs that he has been holding down for a long time now. How much he has made off of them? Without further ado, let’s take a look and see what there is to know about this superstar.

Nick Cannon Net Worth – ($50 Million)

How did Nick Cannon make his money & wealth?

Nicholas Scott Cannon was born in San Diego, California in October of 1980. His biological parents were only teenagers at the time of his birth, and they ended up separating when he was fairly young, so Nick was largely raised by his paternal grandfather. In fact, his grandfather is actually the person who helped the young man get into entertainment. Cannon has said that his interest in entertainment began when his grandfather gave him some musical instruments, where Nick experimented a little bit with music. He would eventually move on to stand-up comedy, but he would come back to music later in his life. By the time he was in high school, Nick already had a significant amount of stand-up experience. He graduated from Monte Vista High School in 1998, and after his graduation he almost immediately went on to work for Nickelodeon as a warm-up act, and as an occassional guest star on programs like All That. By the time was only 17 years old, Nick Cannon was signed on as a cast regular and writer for the show.

Remember when I mentioned that he would eventually revisit music? As a teenager, Cannon was a part of a rap group called DA G4 Dope Bomb Squad which, although sort of popular, never ended up taking off. With the help of his contacts in Nickelodeon, he was eventually able to rise to prominence again. In 2001, Cannon signed with Jive Records and began to record songs for Nickelodeon programs like Jimmy Neutron: Boy Genius. In 2002, he had ascended to television hosting status. Nickelodeon gave the young entertainer free reign of The Nick Cannon Show, an All That spin-off series that features several different semi-scripted comedy segments. Although people liked the show, it suffered from low ratings, and it was cancelled in 2003. This is where Cannon’s timeline starts to become slightly complex. In that same year, Nick Cannon released a self-titled debut album, which ended up peaking at 15 in terms of U.S. R&B charts.

While he was working on all of that, Nick still had time to make his debut on the silver screen. In 2002, Cannon starred in the box office hit Drumline, and he was praised for his lead performance in the film. While he was working on his music and film career, he was also working on preparing for his triumphant return to television. In 2005, Cannon began hosting Wild n’ Out, an MTV sketch/improv comedy series. (To this day, that show is thought to be one of the best original series that MTV has ever put out.) Two years later, Nick Cannon was given another comedy show on MTV, entitled Short Circuitz. At this point in his life, Nick was a hot commodity in almost every facet of show business. He was releasing hit singles, he was hosting popular television shows, and he was succeeding in film. Where could he have possibly gone from there?

Apparently, the answer was up. In the years that followed, Nick Cannon continued his meteoric rise to fame. In 2009, he was appointed the development and creative consultant for TeenNick. In that same year, he was given hosting duties to the ever-popular competitive reality series America’s Got Talent, a role which he still reprises today. In that same year (again), he founded Ncredible Entertainment, an entertainment and management company. In 2011, he released his first stand-up comedy special. In 2015, he was named RadioShack’s Chief Creative Officer. Nick Cannon may have started off small, but he has created a huge, diversified career for himself into his adulthood.

Nick Cannon Personal Life & FAQs

Is Nick Cannon married?

No, Nick Cannon is not currently married. He was well-known for being the spouse of R&B singer Mariah Carey, and their marriage was highly publicized in 2008. They were thought to be a very happy couple, and they renewed their wedding vows at Disneyland shortly following their fifth wedding anniversary. However, in 2014, the couple separated. Nick has maintained that the separation was purely amicable, however, and the held no ill will towards Mariah in any way. Their divorced was finalized in early 2015.

Does Nick Cannon have children?

Yes, Nick has two kids. In 2011, he had a set of fraternal twins with then-wife Mariah Carey. The girl is named Monroe, and the boy is named Moroccan. Luckily, there was no nasty custody battle after Nick and Mariah separated. Despite the divorce, Cannon insists that Carey was and always has been an amazing mother to their children.

Nick Cannon Salary & Annual Earnings in 2015

As you may have been able to tell from the little biography I wrote up above, Nick Cannon seems to always have a lot on his plate. How much money does he make in a year, with all of this work? It has been estimated that he made close to $10 million in the year 2015. He would have made the bulk of this money from his television hosting work, executive work, and entrepreneurial work. In 2015, Cannon also showed interest in rebooting his music career, as well.

How much does Nick Cannon make per day?

With some simple calculations, we can use that $10 million figure above and determine that Nick Cannon makes approximately $27,397.26 per day.

What does Nick Cannon drive? Picture of Nick Cannon’s car

You may not know this just by looking at him, but Nick is actually a pretty big motor enthusiast. He recently made an appearance on fellow television personality Jay Leno’s automobile-centric reality series, Jay Leno’s Garage, boasting about his personal collection. Although he has several different exotic cars in his name, he has said that his Ferrari California is his personal favorite at the moment.

Nick Cannon’s Philanthropy

Nick Cannon may be a superstar, but just like every other celebrity, he came from some pretty humble beginnings. Over the course of his extensive career, Cannon has put a significant amount of his time and money into helping those in need. He has worked with countless charitable organizations over the years, like Girl Up, the Alzheimer’s Foundation, and Reality Cares. In fact, every year, he hosts an America’s Teen Mogul Summit and Student Business Plan Competition, which allows at-risk teenagers to learn about different opportunities in business and in their community. He hosts this event through his own charity, the Nick Cannon Foundation.