Nick Cannon is a multi-talented star who has been in the entertainment industry since he was a teenager. He is widely recognized for hosting shows such as “America’s Got Talent” and “The Masked Singer”, as well as being an actor, comedian, rapper, and producer. But how much is Nick Cannon worth in 2023? And how does he make his money from his diverse career? In this article, we will explore Nick Cannon’s net worth, sources of income, expenses, and lifestyle.
Nick Cannon’s Net Worth: $20 Million
,Nick Cannon’s net worth is estimated to be $20 million as of April 2023. Cannon has earned his wealth from his career in acting, comedy, television hosting, and music . He is one of the most successful and versatile celebrities in Hollywood.
Nick Cannon’s Sources of Income: TV and Music
Nick Cannon started his career as a stand-up comedian and a rapper. He landed his first television role on the Nickelodeon sketch comedy show “All That” in the mid-90s. He also formed his own rap group Da G4 Dope Bomb Squad, which opened for famous acts like Will Smith, Montell Jordan, and LFO. In 2001, he signed with Jive Records and released his debut album “Nick Cannon” in 2003. He later formed his own record label N’Credible Entertainment in 2009 and released several mixtapes and singles.
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Nick Cannon also ventured into acting and appeared in several movies, such as “Men in Black II”, “Drumline”, “Love Don’t Cost a Thing”, “Shall We Dance”, “Roll Bounce”, and “Bobby”. His role in “Bobby” earned him the Breakthrough Actor of the Year Award at the Cannes Film Festival in 2007. He also starred in Spike Lee’s “Chi-Raq” in 2015.
Nick Cannon is best known for his television hosting skills. He created, produced, and hosted the hit MTV series “Wild ‘N Out” from 2005 to 2007 and again from 2012 to present. He also hosted the Nickelodeon Kids’ Choice Awards from 2006 to 2010. He became the host of “America’s Got Talent” from 2009 to 2016 and earned $70,000 per episode. He also created the television series “Incredible Crew” in 2013. In 2019, he became the host of “The Masked Singer”, which pays him $5 million per season.
Nick Cannon’s Expenses: Family and Charity
Nick Cannon is a father of ten children from six different women. He has twins with singer Mariah Carey, whom he married in 2008 and divorced in 2016. He also has twins with model Abby De La Rosa, whom he welcomed in June 2021. He has two children with model Brittany Bell, whom he dated on and off since 2015. He has one child with DJ Jessica White, whom he dated briefly in 2020. He has one child with model Alyssa Scott, whom he met on the set of “Wild ‘N Out”. And he has one child with model Lanisha Cole, whom he dated for a few months in 2020.
According to Nick himself , he spends more than $3 million per year on his children. He pays child support to his ex-wife Mariah Carey and his other baby mamas. He pays $5,000 per month for each of his twins with Carey, Moroccan and Monroe. He also pays $4,200 per month for his son Golden with Brittany Bell. The amount of child support for his other children is not publicly known, but it is likely to be similar or higher.
Nick Cannon is not only a spender, but also a giver. He is involved in various charitable causes and organizations, such as St. Mary’s Children’s Hospital, Feeding America, Do Something, Toys for Tots, and the Lupus Foundation of America. He also founded the Nicholas Scott Cannon Foundation, which supports youth empowerment and education.
Nick Cannon’s Lifestyle: Lavish and Luxurious
Nick Cannon lives a lavish and luxurious lifestyle that reflects his net worth. He owns several properties across the US, including a $3 million mansion in New Jersey, a $6.7 million estate in California, and a $5 million condo in New York. He also has a collection of expensive cars, such as a Ferrari F430, a Rolls Royce Phantom Drophead Coupe, a Lamborghini Murcielago Roadster, and a custom-made Mercedes-Benz G-Wagon.
Nick Cannon also likes to splurge on jewelry, clothes, and accessories. He owns a $2 million diamond-encrusted watch that he wore to the 2014 Grammy Awards. He also has a $10 million shoe closet that features over 2,000 pairs of sneakers. He once spent $11,000 on a pair of Tom Ford alligator shoes.
Nick Cannon also enjoys traveling around the world and experiencing different cultures. He has visited places such as Dubai, Japan, Australia, France, Italy, and South Africa. He often shares his adventures on his social media accounts with his millions of fans.