America’s Got Talent host Nick Cannon resigned from his position following termination threats after the comedian made disparaging remarks about NBC. It looks like the rapper-comedian’s net worth stands to take a hit after his departure from the hit reality show.
For those who know Nick Cannon as Mariah Carey’s ex-husband, we’ll have you know that the multi-faceted, turban-wearing media personality is much more than that. The 36-year-old moonlights as an actor, record producer, entrepreneur, rapper, comedian, and radio personality! Yes, Nick Cannon is a man of many talents, and has shown his magic on the silver screen with flicks like Roll Bounce, Drumline, and Love Don’t Cost a Thing. The father of Mariah Carey’s twins has been the host of several TV shows including MTV’s Wild ‘N Out, NBC’s Caught on Camera with Nick Cannon, and most recently America’s Got Talent. Since 2009, Cannon has been the face of the show along with judges Mel B, Howie Mandel, and Simon Cowell. However, the star recently announced his untimely departure from AGT, following disparaging racially-charged remarks allegedly made by him during his Showtime comedy special Stand Up, Don’t Shoot. Naturally, Nick Cannon’s net worth will be affected if he leaves the wildly popular reality series. Scroll down to find out more about Nick Cannon’s net worth, houses, car, children, girlfriend, salary, and racial jokes.
Nick Cannon’s Net Worth is a Whopping $50.0 Million!
Although the comedian’s fans are outraged at Cannon’s abrupt resignation from America’s Got Talent, they shouldn’t be too worried about Nick Cannon’s net worth decreasing drastically. The multi-faceted showman has amassed a vast fortune after spending nearly two decades in show business. While Nick Cannon’s net worth of $50.0 million may pale in comparison to Mariah Carey’s net worth of $520.0 million, it is still quite a lot and will ensure that he lives comfortably until his next gig comes along. The handsome TV star has numerous other business ventures including being the Chief Creative Officer of RadioShack, chairman and developing consultant of TeenNick, as well as the CEO of NCredible Entertainment.
Nick Cannon’s salary as the host of AGT was a staggering $70,000 per episode, rivaling that of celebrity judge Howie Mandel. Cannon is also known for generous charitable contributions and activism; once he donated a pair of diamond-studded shoes worth $2.0 million to charity! His net worth has steadily increased over the years, and he pocketed a cool $4.0 million for his appearance on the Real Husbands of Hollywood.
While he was married to singer Mariah Carey, Nick Cannon’s net worth spiked majorly, owing to her deep pockets. Together, Carey and Nick Cannon’s house cost a staggering $10.0 million, although the couple sold the three-acre property before getting divorced. Twins Morocco and Monroe, Nick Cannon’s children with Carey, get $5,000 per month as part of their trust fund, while Nick Cannon’s income for 2014 was declared to be $2.7 million.
Nick Cannon’s Net Worth Over the Years
|Net Worth in 2017||$50.0 Million|
|Salary in 2017||$10.0 Million|
|Income in 2015||$20.0 Million|
|Income in 2013||$14.0 Million|
|Income in 2010||$10.0 Million|
|Salary from America’s Got Talent||$70,000 Per Episode|
|Salary from Real Husbands of Hollywood||$4.0 Million|
|Mariah Carey’s Net Worth||$520.0 Million|
|Nick Cannon vs. Mariah Carey Net Worth||10.4 Times Less|
Getting a Break
Born on October 8, 1980, Cannon was brought up by his paternal grandfather in a notorious neighborhood where gang violence largely prevailed. Luckily, the San Diego, California native stayed out of trouble, choosing to focus on basketball instead. Not much is known about Nick Cannon’s wiki other than he got his first break when he was only 11-years-old. Even at such a young age, the powerhouse entertainer made a mark when he appeared on his father’s local cable access program. Subsequently, Cannon went on to land a coveted job at Nickelodeon when he was only 15 years old, working as a warm-up comedian for the live studio show All That.
Like other teenagers his age, Cannon developed a passion for music early on and formed a rap group called “Da G4 Dope Bomb Squad.” Along with his childhood buddy Steve Groves, Cannon achieved tremendous success and began opening shows for Hollywood A-lister Will Smith, who was a rapper and budding movie star back then, as well as bands like 98 Degrees and LFO. Soon enough, Cannon’s work was noted, and he landed a record deal with Jive Records in 2001, releasing his eponymous debut album two years later. Since then, there has been no looking back for the multi-talented star who went on to form his own label Can-I-Ball Records and then NCredible Entertainment, under which he released his second album Stages and debut mixtape Child of the Corn.
After shelving stages, Cannon developed a replacement second album in 2013 and titled it White People Party Music. He released singles from the album after teaming up with industry bigwigs like Pitbull, Future, and Afrojack. Cannon’s company NCredible Entertainment manages artists like Amber Rose and Soulja Boy. His other notable business ventures include hosting a radio show in New York, a stand-up comedy tour, and even a hot dog eating contest!
The End of an Era
For most people, Nick Cannon is best-known for being the host of NBC’s reality show America’s Got Talent. After a successful eight-year stint, the star was forced to unceremoniously resign from his position following alleged racially offensive remarks he made on his Showtime stand-up special Stand Up, Don’t Shoot. After facing firing threats, Cannon announced his departure from AGT releasing the following statement on Facebook, “After days of deliberating over some extremely disappointing news that I was being threatened with termination by Executives because of a comedy special that was only intended to bring communities closer together, I was to be punished for a joke.” America’s Got Talent definitely won’t be the same without Nick Cannon!
Hopefully, all is not lost for the star as things are looking up for him on the personal front. Besides enrolling at Howard University to continue his education, it was confirmed in November last year that Nick Cannon’s girlfriend, Brittany Bell, is expecting a child.