Nick Cannon owns a diverse range of businesses and ventures. As a multifaceted entertainer, he is involved in music, acting, and hosting. He owns Ncredible Entertainment, which produces music, films, and television content.
Cannon is the creator of the popular comedy improv show “Wild ‘N Out” and has a significant presence on the radio with “Nick Cannon Mornings.” Beyond entertainment, he has investments in the technology and fashion industries.
However, the specifics of his ownership holdings may vary due to his ongoing entrepreneurial endeavors. Nick Cannon’s portfolio showcases his versatile talents and business acumen across various sectors.
Key Takeaways:
- Nick Cannon owns Ncredible Entertainment, generating an estimated $100 million annually, and is the creator of “Wild ‘N Out.”
- Cannon was involved with Nickelodeon’s TeenNick but doesn’t own a stake in Nickelodeon.
- Nick Cannon owns real estate properties and has a notable car collection.
- Nick’s total earnings, including TV shows, music, acting, and business ventures, contribute to an estimated net worth of $750 million.
Let’s dive in more details…
What Companies Does Nick Cannon Own?
Nick Cannon told the LA Times that he has to earn $100 annually to support his 11 children and continue his lifestyle. Besides, he is a prominent businessperson, singer, host, company founder, and actor. He can generate $150 million every year with ease.
Nick Cannon owns two reputed companies. They are –
- N’Credible Entertainment
- Wild ‘N Out
N’Credible Entertainment is a record label industry that produces television shows, films, movies, and music. Nick Cannon created this broadcasting network to raise his wealth. However, he generates an annual income of $100 million from here.
Nick Cannon is an established program host, producer, and actor. He launched a comedy show on MTV called Wild ‘N Out. A few years ago, he was fired from the show for a rule violation of the company. Then he was rehired.
From here, Cannon makes $70,000 for each episode. And all of his stuff makes $1,000 for an episode. However, the payment may vary on sponsorship and spectators.
Related: What Does Robert Kraft Own
How Much of Nickelodeon Does Nick Cannon Own?
Many people think that Nick Cannon owns Nickelodeon’s stake. However, the truth is he does not own any stake in Nickelodeon. But he created some of the cartoons on different networks, including Nickelodeon.
Cannon was a chairman and senior consultant of Nickelodeon’s sister company, TeenNick. Nickelodeon’s owner, Viacom CBS, has a deep relationship with Nick Cannon. But he does not own a stake in any of the cartoon channels.
What Does Nick Cannon Do for a Living?
Nick Cannon is an incredible musician, actor, and businessperson who thirsts for companies. To run his family, he needs a miracle. Because Cannon has 12 kids and 6 women, he needs $100 million monthly to run his family.
There it is! Cannon founded a production company called N’Credible Entertainment, which produces films, music, television shows, and many more. From here, he generates an annual income of $120 million.
Nick Cannon is a comedian, rapper, TV host, music producer, musician, composer, voice actor, screenwriter, and more. He was involved in several occupations because of his thirst for wealth.
As an actor, he makes an annual salary of $50 million. However, he makes most of his money through companies and music production. As a music producer, Cannon generates around $70 million every year.
Nick Cannon founded another company called Wild N Out. He was fired from the company due to a critical violation. Then, the company rehired him. And he is remaining as a founder of the company. From here, he earns $70,000 for an episode.
Cannon has a nationally syndicated radio show called Nick Cannon Show. From here, he makes about $10 million per annum.
Does Nick Cannon Own Real Estate?
Nick Cannon owns several real estate properties, including his apartment in Washington D.C. All the real estate that he owns is briefly discussed below to know better at a glance:
After a big breakout from a movie called Drumline, Nick Cannon purchased a house for his parents and grandparents in California in 2002. After a while, he bought another one for himself for $421,000 in Chula Vista.
However, in 2019, Cannon sold the home for $603,500.
In 2008, after marrying a singer, Mariah Carey, Cannon bought a home for $6.98 million. The house was 11,750 square feet. Besides, it has 7 bedrooms, 9 bathrooms, 6 fireplaces, a gym, a home theater, and a basketball court.
In 2015, Cannon sold the house for $9 million.
In 2015, Cannon bought a house in New Jersey to raise his child behind the spotlight. Besides, he rented $11,000 monthly with a $3 million pad. Cannon confirmed that the house he bought had an agreement: Rent to Own.
All these years, he has been rented to him. According to the LA Times, the New Jersey property was bought by Nick Cannon. Moreover, in 2022, Cannon purchased a house and gifted it to his parenting partners and his twins, Zion and Zillion.
How Many Cars Does Nick Cannon Have?
Nick Cannon has a huge car collection. There are 1 truck and 6 cars in his garage. All the cars are currently one of the most expensive cars in the world. All the cars’ names and current market prices have been given below to know better:
- Mercedes-Benz G-Wagon — $200,000
- 2006 Ford GT — $300,000
- 2008 Ferrari 599 — $300,000
- Ferrari California — $200,000
- 2020 Toyota Tundra Custom — $100,000
- Rolls-Royce Phantom Drophead Coupe — $500,000
- Lamborghini Murcielago Roadster — $283,000
How Much Does Nick Cannon Make in Total?
Nick Cannon makes most of his money through his TV show. He makes about $120 million every month. All of his income statements have been given below to know better at a glance:
- N’Credible Entertainment — $100 million (Monthly)
- Wild N Out — $120 million (Monthly)
- As an actor — $100 million (Yearly)
- Music — $50 million (Yearly)
- Radio Podcast Show — $30 million (Monthly)
- Net Worth — $750 million
