Nick Cannon’s Net Worth

Basic Information

Name: Nicholas Scott Cannon        

Nickname: Nick Cannon

Birth Date: October 8th, 1980

Occupation: Actor, Comedian, Rapper, Songwriter, Director, Writer, Producer, Television Presenter and Entrepreneur.

Net-Worth: $50 Million

Spouse: Divorced. Ex-Wife-Mariah Carey

Children: 3

Zodiac Sign: Libra

Introduction

Today, Success Titan presents you the owner of the record label and television/film company N’credible Entertainment, the creator and host of MTV’s sketch comedy show Wild ‘n Out, America’s Got Talent host for 7 years, and the star of such big hits as Drumline and Love Don’t Cost a Thing. 

He went from being born to teen parents in the projects of San Diego and affiliating himself with ‘Bloods’ to managing such artists as Soulja Boy, Amber Rose, Kehlani, Colette Carr, and Make It Pop. 

He currently sits as the chairman of Teen Nick, where he has also been a consultant with development and creation since 2009. 

Thanks to his optimism in the hard times, belief in not waiting for opportunities, but speaking it into existence and enough self-motivation not to be brought down by others’ opinions, he has amassed an estimated fortune of $50 million.

Early Life

Nick Cannon was born in the projects in Southern California, a low-income area of San Diego. He was raised primarily by his grandfather because his parents were both teens when he was born. 

His mother, an accountant, and his father, a televangelist separated when he was still young, so he grew up shuttling back and forth between North Carolina and California. 

As young as the age of 5, he was introducing himself by his full name because he felt like, “that’s my name, and people should know.”

Nick Cannon was first introduced to music and developed a love for it at the age of 8 when his grandfather gave him some musical instruments. He also began stand-up comedy and was told by his father to “write something up” for a chance to perform on his show. 

This stand-up performance ended up becoming Nick Cannon’s first TV appearance at the age of 11 and led to many performances around well-known comedy clubs in the future.  

“The Cannon,” so he says, was born at age 13. Nick tells a story of losing his virginity to an older girl, crying, and then being made fun of and laughed at by a group of girls. 

He vowed from that day forward no woman would ever laugh at him ‘in the sack’ again and considers this to be the birth of “The Cannon.”

Career & Hustle

Nick Cannon’s career started early, and his hustle stemmed from a young, energetic performer but truly started in High School, where he began to shine not only in comedy but with a rap group called ‘Da G4 Dope Bomb Squad’ with TI. and Chingy. 

This allowed him to receive his first-ever ‘big paycheck’ opening for Will Smith, even beginning a mentorship as Smith told Cannon he reminded him of a younger version of himself.

In 1995 Nick Cannon got his first big break on TV as a ‘warm-up comedian’ on the Nickelodeon show All That. His performance showed great potential, and his on-screen appeal led to a full-time slot on the show. 

He began bouncing around different Nickelodeon programs not only through acting but through writing as well, becoming the youngest staff writer in history at the age of 17! It wasn’t long before his skills and charisma scored him a show of his own.

The Turning Point

In 2002 Cannon really broke out in the scene with his self-titled show in which he wrote, produced, and acted! That same year, his mentorship with Will Smith allowed him his first big break on film, although a small part, in Men in Black II. 

Later that year, Cannon got his first starring role in the movie Drumline. Although it was a big feature, he didn’t make much money in comparison and said he would have done that movie for free. 

Success Knocks on Nick Cannon’s Door

By the mid-2000s, Nick Cannon was off to the races and tremendously successful in not just films but music, comedy, and television. 

The success of “Love Don’t Cost a Thing” not only led to Cannon’s first multi-million-dollar paycheck but also a relationship with co-star Christina Milian. 

His first two movies helped to create his image as the young heartthrob, which would eventually lead to dating Kim Kardashian and Nicole Scherzinger. 

Cannon did not stop writing music during his rise in films. He wrote, co-produced, and released his self-titled album in 2003, along with several other albums, and gave many large performances, including the extremely popular Soul Train Awards in 2005.

On Television, Cannon created, produced, and starred in his own show Wild ‘n Out, which was released in 2005. A few years later, he achieved a long-standing goal of marrying his life-long crush, Mariah Carey in 2008 (although separating in 2014). 

In 2009 Nick Cannon became the host of America’s Got Talent(2009-2016), created ‘N Credible Entertainment where he has managed Amber Rose, Soulja Boy, and more as well as becoming the Chairman for Teen Nick and Nickelodeon’s development and creative consultant. 

Through ‘N Credible Entertainment he continues to manage and produce music, television shows, and films such as the current show The Masked Singer as well as continuing work at Nickelodeon.

3 Lessons We Can Learn From Nick Cannon’s Story

1. It’s not about who you know; it’s about who knows you.

At the age of 5, Nick Cannon understood a major principle of success. He always told people his full name and worked his way onto television by age 11.

2. Be yourself.

When you look at Nick Cannon’s work, you’ll find that most of his acting jobs have been roles as himself. He has accomplished this primarily through hosting and comedy. This is only possible by being authentic and creating a unique image/identity of your own.

3. Don’t Set Limits! 

Nick Cannon refused to acknowledge himself as having any limitations from a young age. He could not have accomplished his TV appearance on his dad’s show, nor the Nickelodeon show “All That” if he used his past in the projects or the lack of success of his peers to limit his future.

5 Success Tips From Nick Cannon

1.   Be Self-Motivated.

It would not have been possible for Nick Cannon to produce the amount or type of work he did if he listened to all the naysayers. 

There will always be haters and critics that don’t believe in your vision; you can’t let other people kill your dreams, it has to come from within.

2.   Be a producer.

Nick Cannon has produced a record label, countless albums, films, shows, and more with his belief that you shouldn’t wait for the opportunity. 

Be the one who takes charge of your own life events without having to wait for the perfect moment.

3.   Speak it into existence.

Years before starting Can-I-Ball records (his first record label), he told friends in high school he already had a record label! Years before marrying Mariah Carey, he was telling the world he would be with her. 

Nick Cannon strongly believes in speaking what you want into existence to make it more likely to happen.

4.   Have Confidence.

It’s evident that Nick Cannon has been confident from a young age. He believes this confidence is key to keeping you moving towards your dreams. 

His confidence made him believe he could do it, and when the time came and allowed him to perform well even under pressure.

5.   Be an Optimist.

Nick cannon strongly believes that there is a lesson to learn in everything. Experiences are things that happen to us, not things we need to internalize. Always believe that things will work out if you can stay optimistic, confident, and self-motivated.

7 Things You Didn’t Know About Nick Cannon

1.   He was once voted as the “Best Dressed” in his High School;

2.   He affiliated himself with The Lincoln Park Bloods until the death of a close friend;

3.   His first ever big paycheck (more than $100,000) was written to him by Will Smith;

4.   Had to sell his own home and cars before landing “Drumline and Love Don’t Cost a Thing”;

5.   In 2009, Eminem poked fun at Nick Cannon’s wife, Mariah Carey, and began an almost decade long feud between the two;

6.   Nick Cannon has Lupus Nephritis, an auto-immune disorder that causes inflammation of the kidneys which has hospitalized him several times;

7.   Nick Cannon enrolled at Howard University in 2016 with the goal of getting a Ph.D.; 

10 Quotes from Nick Cannon

1. “One thing about being a stand-up is it’s a one-man show. You gotta do everything. You’re the producer, writer, director, and actor. You just gotta be out there and perform and give your all. It’s such an honest form of art; it just taught me so much, and it kinda prepared me for manhood at an early age.”
2. “You gotta be a real model, not a role model. A role is something you play.”
3. “I always wanted to be a solid individual and never do anything for money.”
4. “It’s how you compute your stress, it’s how you analyze it because we are all stress, stress is energy. I love stress.”
5. “If you allow stress to internalize. It’ll f*** you up.”
6. “A million dollars ain’t s***, it’s the million-dollar mentality.”
7. “I’m an optimist, even in these times, you gotta be able to wake up with a smile and go down feeling good.”
8. “I just work-however people feel about it, I mean, at the end of the day, if I’m waiting for accolades, I could be waiting all my life, but I don’t need that stuff to validate me. I just do what makes me happy.”
9. “You have to be vigorous. That’s the only way you’re going to get it because everybody has dreams, and everybody has goals, but the only people who can achieve them are the ones that go after it and don’t take no for an answer.”
10. “I am always the first to say that fame and entertainment is one of the best and easiest occupations ever to have, but one must know how to navigate through the matrix, or you may find yourself in a very dark hole.”

Conclusion

Now that you know how Nick Cannon made it, what can you apply in your life from what he has done? 

I believe one of the biggest take-aways that we can learn is to be self-motivated. Cannon believes in being authentic, confident, holding onto your dreams, staying optimistic, and creating opportunities.

All these things are possible when you follow your own heart, desires, and beliefs. Haters, critics, and naysayers will always make you feel like you’re not good enough, but you still have to fight for your dreams.

That’s just my opinion. What do you think instead? Comment below.