Nick Cannon Net Worth 2025: Income, Assets & How He Supports 12 Children
May 27, 2025Nick Cannon Net Worth 2025: Income, Assets & How He Supports 12 Children
Last Updated: May 2025 | nowgotrending
Nick Cannon Net Worth 2025.
Estimated Net Worth
$50-60 Million
Annual Income
$100 Million (Self-Reported)
Annual Child Support
$3+ Million
Number of Children
12
Primary Business
NCredible Entertainment
Largest Income Source
TV Hosting
Estimated Net Worth
$50-60 Million
Annual Income
$100 Million (Self-Reported)
Annual Child Support
$3+ Million
Number of Children
12
Primary Business
NCredible Entertainment
Largest Income Source
TV Hosting
Overview: Nick Cannon’s Financial Empire and Net Worth
Nick Cannon has built a multifaceted career spanning music, television, film, comedy, and business. With an estimated net worth of $50-60 million in 2025, Cannon has leveraged his talents across multiple industries. His diversified income portfolio supports his notoriously large family of 12 children with six different women.
While many focus on the headline-grabbing aspects of his personal life, Nick Cannon’s financial acumen is often overlooked. The entrepreneur and entertainer claims to generate approximately $100 million annually through his business ventures and entertainment roles. Financial experts suggest his actual earnings may be somewhat lower, yet still substantial.
This comprehensive analysis delves into Nick Cannon’s wealth, income streams, assets, and how he manages his extensive family responsibilities.
“I’m probably spending more than $3 million on my children yearly. I don’t plan to ever have to participate in the governmental system of child support.”
— Nick Cannon, The Neighborhood Talk (2022)
Major Income Sources Contributing to Nick Cannon Net Worth
Nick Cannon’s financial success stems from his ability to maintain multiple revenue streams simultaneously. Here’s a detailed breakdown of his primary income sources:
1. Television Hosting and Production
Television remains the most lucrative contributor to Nick Cannon’s net worth, especially through his hosting roles on top-rated shows:
- The Masked Singer: Cannon reportedly earns $20 million per season as host of this Fox competition hit, significantly boosting Nick Cannon net worth. More on TV host salaries at Forbes.
- Wild ‘N Out: Despite selling rights in 2020, Cannon continues to host and earn production income, contributing to his net worth growth.
- America’s Got Talent: Hosting the show from 2009 to 2016 helped lay the foundation for Nick Cannon’s wealth. See NBC AGT.
- Production Company: His company, NCredible Entertainment, produces multiple shows, diversifying his net worth with media assets.
2. Music and Radio
Though not his primary source, Cannon maintains a presence in music and radio, adding to his income portfolio:
- Radio Hosting: He has hosted major morning radio shows, including Power 106 in Los Angeles.
- Music Releases: Cannon periodically releases music through his own label.
- NCredible Audio: His headphone and audio equipment line generates merchandise revenue.
3. Film and Comedy
Cannon continues acting and directing, adding further income streams:
- Acting Roles: He appears in films and TV series occasionally.
- Directing: Directed projects via his production company.
- Stand-up Comedy: Performs shows and specials generating additional revenue.
4. Business Ventures and Investments
Nick Cannon’s entrepreneurial side significantly contributes to his net worth:
- NCredible Entertainment: The umbrella company for his TV, film, music, and merchandise ventures.
- Investments: Strategic investments in various companies and startups, details private.
- Brand Partnerships: Endorsements and collaborations with multiple brands.
Nick Cannon’s Estimated Income Breakdown (2025)
Nick Cannon Real Estate and Other Significant Assets
Like many wealthy entertainers, Nick Cannon has invested significantly in real estate, building a portfolio of properties across the United States that add substantial value to his net worth.
| Property | Location | Estimated Value | Year Purchased |
|---|---|---|---|
| Family Home | Woodland Hills, CA | $3.05 Million | 2023 |
| Residential Property | Los Angeles, CA | $3+ Million | Previously Rented ($11,000/month) |
| Childhood Area Home | Chula Vista, CA | $421,000 | 2020 (est.) |
| Additional Properties | Various Locations | Undisclosed | Various |
Recent Property Acquisition Details
In 2023, Cannon purchased a 4,410-square-foot single-family home in Woodland Hills, California, for $3.05 million. This modern property features amenities ideal for family gatherings and provides ample space when his children visit. The home was previously listed for $3.5 million before Cannon acquired it.
Additional Notable Assets
- Luxury Vehicles: Collection of high-end and customized vehicles.
- Jewelry and Watches: Extensive collection complementing his public image.
- Business Ownership: Stake in NCredible Entertainment and other ventures.
- Intellectual Property: Royalties from music, TV concepts, and creative works generating passive income.
Supporting 12 Children: Nick Cannon’s Financial Reality
Nick Cannon’s responsibility to support 12 children with six different women creates unique financial demands and obligations that significantly impact his financial management.
Child Support and Financial Arrangements
Unlike typical arrangements, Cannon has stated that he does not participate in the formal governmental child support system. Instead, he reportedly manages private financial agreements directly with the mothers of his children.
In a November 2022 interview with The Neighborhood Talk, Cannon revealed he spends over $3 million annually on child support, a figure that likely rises as his family expands.
“When you think about that, that’s a different type of family planning. So I definitely got my own system with it.”
— Nick Cannon, Jason Lee Podcast (2023)
The “Ten Child” Legal Threshold Explained
In a 2023 episode of Selling Sunset, Bre Tiesi, mother of one of Cannon’s sons, mentioned a legal threshold at ten children, claiming Cannon might not be legally required to pay significant child support beyond that number due to income division laws. This remains a contested point among legal experts but sheds light on Cannon’s complex family financial structure.
Other Family-Related Expenses
Beyond child support, Cannon incurs various expenses related to his children’s upbringing and lifestyle:
- Disneyland Trips: Cannon reportedly spends around $200,000 yearly taking his children to Disneyland.
- Education: Covers private schooling fees for multiple children.
- Healthcare: Provides premium healthcare coverage for all 12 children.
- Special Occasions: Birthdays, holidays, and celebrations add to regular parental costs.
Business Acumen and Entrepreneurship Behind Nick Cannon Net Worth
Beyond entertainment, Nick Cannon has shown significant business savvy that contributes to his financial stability and net worth growth.
NCredible Entertainment: The Media Powerhouse
Cannon’s media company, NCredible Entertainment, serves as a hub for many of his business ventures, including television production, music publishing, and merchandise. At the 2024 Forbes Africa Summit, Cannon claimed the company has generated over $1.3 billion in revenue, though this figure remains unverified.
Early Financial Success and Milestones
At the same summit, Cannon shared that he became a millionaire by age 21, thanks to entertainment and strategic business decisions that laid the foundation for his net worth growth.
Investment Strategy and Portfolio
While Cannon’s investment details are private, he has publicly mentioned investing in entertainment, media, and tech startups, areas where his industry expertise offers a competitive edge.
Nick Cannon Net Worth Growth: Key Career Milestones (2010–2025)
Nick Cannon’s net worth has grown steadily over the past decade and a half, punctuated by notable successes and some setbacks.
Estimated Net Worth Growth (2010–2025)
Career Milestones Driving Net Worth
- 2005–2007: Wealth accumulation began with “Wild ‘N Out” and film roles.
- 2009–2016: Hosting “America’s Got Talent” significantly boosted income.
- 2020: Financial setback due to ViacomCBS dispute and sale of “Wild ‘N Out” rights.
- 2019–Present: High earnings from “The Masked Singer” hosting role.
- 2021–2025: Continued growth from diversified entertainment and business ventures.
Financial Management and Future Outlook for Nick Cannon
Supporting 12 children while maintaining a thriving career and businesses requires advanced financial planning.
Income Sustainability and Diversification
Cannon’s diversified income from television, music, business, and investments helps sustain his financial responsibilities without depending on any single source.
Ongoing Financial Challenges
Despite substantial earnings, the continuous expenses related to his large family present ongoing financial demands requiring consistent, high-level income.
Future Financial Prospects
With established ventures and a strong entertainment presence, Cannon’s financial future appears stable, though sustaining his current lifestyle and family obligations will require continued success.
Frequently Asked Questions About Nick Cannon Net Worth
What is Nick Cannon’s exact net worth in 2025?
Financial experts estimate Nick Cannon’s net worth to be between $50 and $60 million in 2025. This estimate considers his assets, income streams, and ongoing financial responsibilities.
How much does Nick Cannon pay in child support?
Cannon has stated he spends over $3 million annually supporting his children, through private arrangements rather than the governmental child support system. Exact per-child amounts are not publicly available.
How many children does Nick Cannon have?
As of 2025, Nick Cannon has 12 children with six different women, including twins with Mariah Carey, and children with Brittany Bell, Abby De La Rosa, Alyssa Scott, Bre Tiesi, and LaNisha Cole.
What is Nick Cannon’s highest-paying job?
Hosting “The Masked Singer” is Cannon’s highest-paying role, reportedly earning him $20 million per season, making him one of television’s highest-paid hosts.
Does Nick Cannon still own Wild ‘N Out?
No. Cannon sold the rights during a dispute with ViacomCBS in 2020 but continues hosting the show and earning from its production.
What properties does Nick Cannon own?
His most notable recent purchase is a $3.05 million home in Woodland Hills, California (2023). He also owns a $421,000 home in Chula Vista, California, plus other undisclosed properties.
Conclusion: The Financial Legacy of Nick Cannon
Nick Cannon’s financial journey shows how a multifaceted career can build substantial wealth in entertainment. With an estimated net worth between $50-60 million in 2025, Cannon has successfully leveraged talents across TV, music, film, and business.
Supporting 12 children with six different women adds unique financial responsibilities. However, through strategic career moves and business ventures, Cannon sustains these obligations effectively.
As he continues his entertainment and entrepreneurial ventures, his financial empire is poised to endure, reflecting adaptability and strong personal branding across platforms.
