Nick Cannon’s Net Worth In 2024—and How He Affords All Those Kids-be

Nick Cannon’s net worth is nothing to shake a stick at, but it would probably be a lot higher if he got a vasectomy.

The comedian, actor, host and producer has been working in Hollywood since he was a teenager, dabbling in all areas of broadcast at various points, including TV writing, movies, standup comedy, sketch shows, hosting gigs and even releasing his own music.

He also rode an even bigger wave of celebrity when he married Mariah Carey in 2008. They welcomed their beloved twins, “Dem Kids” (formerly known as “Dem Babies”) in 2011 and separated in late 2014, finalizing their divorce two years later. He followed his Carey romance by having a whole lot children with several other women.

Today, Cannon works consistently on television, hosting The Masked Singer among other projects. Here’s how much money Cannon has made through the years—and how much he pays in child support.

Nick Cannon net worth - NEW YORK, NEW YORK - OCTOBER 13: Nick Cannon poses at the opening night of the new play "Thoughts of a Colored Man" on Broadway at The Golden Theatre on October 13, 2021 in New York City. (Photo by Bruce Glikas/WireImage)

 

How did Nick Cannon become famous?

Born Nicholas Scott Cannon on Oct. 8, 1980, Nick Cannon had a love of music at an early age, but switched his passion to standup comedy after getting a shot to perform on his televangelist father’s public access TV show.

He quickly rose up the club circuit as a teenager, and at age 17, became the youngest staff writer in TV history for All That, a sketch series in which he also starred. He spun off the All That success with The Nick Cannon Show, then opted for grownup fare with Wild N Out on MTV.

Cannon has also released podcasts and rap albums (we’d rather not discuss those, truly) and appeared in films, starring in DrumlineRoll BounceLove Don’t Cost a Thing and more. He’s made himself a household name as a host of reality competition series like America’s Got Talent and The Masked Singer, the latter of which he also executive produces.

What Is Nick Cannon's Net Worth In 2024? Find Out How Much The Star Pays In  Child Support For His 12 Children | PINKVILLA

What is Nick Cannon’s net worth in 2024?

Nick Cannon’s net worth in 2024 is estimated at $50 million. Given that he recently told the L.A. Times he makes $100 million per year, that unsubstantiated report seems a little low—but then again, he does have a high overhead.

How much is Nick Cannon currently worth?

As of January 2024, Cannon’s net worth is estimated at $50 million. According to a recent interview he gave to the L.A. Timeshe claims to make $100 million per year.

 

Who is worth more, Mariah Carey or Nick Cannon?

Oh, please. To paraphrase Carey’s hit “Obsessed,” when it comes to income, Cannon is a press conference, she’s a conversation.

According to their prenuptial agreement (obtained by TMZ), before they tied the knot, Carey was worth $150 million, while Cannon’s assets were valued at just under $500,000—meaning Carey was worth 300 Cannons at that point.

Today, they’ve both seen their respective net worths increase significantly: Carey is worth an estimated $350 million to Cannon’s still comparatively paltry $50 million. The Queen of Christmas is still worth at least seven of her ex-husbands.

 

Is Nick Cannon’s family billionaires?

No, but Nick Kroll‘s is. Aside from sharing Carey’s cash during their marriage, Cannon was and is a self-made man.

 

How much does Nick Cannon make a year?

According to a 2023 interview Cannon gave the L.A. Times, Cannon makes $100 million a year. “When you think about my lifestyle, I have to generate at least $100 million a year,” he said.

“Everybody thinks Ryan Seacrest has tons of money,” he added “I do everything that he does times 10. Well, not times 10—times three. Because he does a lot.”

In 2020, Forbes reported that Cannon’s NCredible Productions generated as much as $100 million the previous year, though Cannon’s precise cut of that isn’t publicly known.

 

How much does Nick Cannon pay in child support?

In a 2022 interview, Cannon revealed that he pays “way more” than $3 million annually in child support for his 12 kids (and counting), saying, “I definitely spend a lot more than that on my children annually. I don’t plan to ever have to participate in the governmental system of child.”

 

What does Nick Cannon own?

Nick Cannon owns NCredible Productions and once owned the Wild N Out brand, which he created.

Who is the owner of Wild N Out?

While Cannon created Wild N Out, he no longer owns the musical improv show—ViacomCBS does. Cannon demanded that the corporation turn over ownership of the show to him after he faced repercussions for antisemitic remarks he made on his podcast, but his demands weren’t met. He does not own the show.

 

How much does Nick Cannon make per episode of Wild N Out?

Cannon’s per-episode salary for Wild N Out isn’t publicly known, but we do know that the show’s budget decreased dramatically after it left MTV for MTV2. Some of the comedians on the show claimed to have made as much as $27,000 to $50,000 per episode when Wild N Out was on MTV, but just $1,000 when it moved networks. As such, however much Cannon was making likely dropped as well.

Cannon has said the Wild N Out brand is worth a whopping $500 million, so chances are he still makes bank, even if those lower than he is on the ladder aren’t exactly rolling in cash from the show.

 

How much does Nick Cannon make per episode of The Masked Singer?

Nick Cannon is both host and an executive producer of The Masked Singer, for which he hosts two seasons a year. According to his interview with the L.A. Times, he’s paid more than $20 for the Fox competition series.

 

How much did Nick Cannon make on America’s Got Talent?

Cannon hosted America’s Got Talent from 2009 to 2016, reportedly making $70,000 per episode. At an average of about 24 episodes per season, he’d make around $1.7 million per season, though some seemingly unsubstantiated reports have his salary per season at $4.5 million. For hosting eight seasons, he likely banked around $13 million on the lower end of estimates.

 

How much did Nick Cannon get paid for Drumline?

Cannon’s salary for Drumline isn’t publicly known. He learned to play drums for the role, which rapper T.I. says that he turned down. Cannon was set to star in the film ATL as well, but said he turned it down to be in Roll Bounce, which he said paid more—but didn’t disclose any specific figures.

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