Nick Cannon has several successful records to his name and many comedy acts. These records and acts have paved way for his career, marking him as one of the most popular people in the entertainment industry of Hollywood. While Cannon claims that he has always been into music, he has hardly thought of music as his livelihood or a permanent job. Nick Cannon is a fantastic musician and an exceptional artist with several credits to his name and has a net worth of more than $50 million.
Nick Cannon Net Worth And How He Began With Nothing In Hand
He knew that the stage life was his one true love at the tender age of 8, after getting musical instruments from his grandfather. Soon after, he started playing small gigs at birthday parties and colleges, to fulfill his love for music and art. This love grew into his teens, where he started to perform at local pubs and bars, slowly making a name for himself in his local neighborhood. His true passions were rap and stand-up comedy. He has been at it since his early years, and to this day, he is doing very well in these genres.
The first gig and take off.
Cannon’s first gig was at his father’s program on the local cable when he discovered his stand-up comedy talents. He had just graduated the high school in 1998 and served as president of the African American Student Coalition. However, being there in front of the camera appealed to his soul so much that he began his career in his teen year.
Joining a street gang
He did, however, took his surroundings to heart and went astray due to the personal struggles he was facing. He joined a street gang by the name of The Lincoln Park Bloods. While at the façade, it was just a gang that did live performances, at the backdoor, there was more to it than just that. Hence, upon finding out about the troubles caused by the gang, Cannon disassociated himself from them and focused entirely on his career as a solo performer.
Beginning as a musical genius in the rap industry.
He formed a rap group in 1999 by the name of Da G4 Dope Bomb Squad, quite wordy, yes, but it was a cluster of talented names like Will Smith, Montell Jordan, and LFO. The group soon signed with Jive Records, and Cannon got featured alongside 3LW and Romeo Miller. This kickstarted his career and soon became a stepping stone for his success in the entertainment industry.
Owning a record label
In 2005, Cannon initiated his record label by the name of N’Credible Entertainment. Among his first songs was Can I Live? An anti-abortion verse portraying his controversial believes on the subject of abortion. This sparked quite a lot of controversy amongst the quickly-modernizing Hollywood industry; however, with the support of several celebrities, Cannon was able to turn the song into a huge success, with its backstory and purpose fading throughout the years.
Controversies over time
Saying that his journey is laden with controversies and scandals would not be an understatement. Conan has been controversial since the beginning. His rap feud with the famous rapper Eminem took his disputes to a new level. In 2010, he released a freestyle rap single I’m Slick Rick, which was a diss track for the megastar, Eminem. This was the start of a decade long feud among the two big names in the rap world. Both of them kept at it for a while before dropping the feud only to resurface in 2019, almost ten years later. Over the years, this dispute has become a source of entertainment for the fans of both the rappers.
His latest controversy was reported recently when he tweeted some seemingly anti-semantic views for which he apologized. His fans, however, remained deeply disturbed and offended on the topic, and his sales dropped rapidly in July 2020.
Hosting and stand-up comedy
Nick has been a TV host and a stand-up comedian almost all his life. He began early in 1998 with his first performance on a locally produced cable TV show. He hosted Nickelodeon HALO awards in 2009, along with Justin Timberlake. In the same year, he also replaced Regis Philbin as a host to America’s Got Talent and gave his memorable performance.
Nick cannon’s net worth and how does he make his money.
With many records and a self-owned label to his name, it’s no surprise that Nick Cannon’s Net Worth is over $60 million as of 2020. He has been earning since young and has made a well-balanced career for himself. He is a pan-talented genius with a knack for controversies and has made several ventures in his career, including hosting, rapping, composing, and even comedy.
Music and Music Label
Needless to say that his music has been one of his most valuable sources of income all these years. He got his fame and a hoard of fans, which support his acts and albums faithfully. Nick has been blessed with an insight for music, which he used to his advantage.
Hosting Venture
He has hosted several renowned TV shows throughout the years. From Nickelodeon’s HALO Awards to America’s Got Talent, he can host for any audience. He produced the performance Wild N’ Out under his label, which gave out some big names in the world of TV hosting like Kevin Hart and Katt Williams. This show has been a milestone for Cannon as it ran for over eight seasons in total. He also hosted a newly released The Masked Singer on Fox TV.
Personal Side Business
Cannon is the chairman of TeenNick, a branch of Nickelodeon since 2009, and a label owned under his name is under a long standing contract with NBC Universal for production of several shows.
Nick Cannon knows what he is doing.
Though he might have a rough start, his keen eye and a thorough approach to life and business made him the successful man he is today. He managed to pave his way through every set back time after time again and made it big in a cut-throat industry like Entertainment.
Married to Mariah Carey for eight years from 2008 to 2016, Cannon has two children. Their separation was not a friendly one, but he made $2.7 million off the divorce settlement, aiding to his current net worth.
Nick Cannon has always had an insight into the business, and the way he plans for his future is uncanny. He repeatedly returned for various setbacks that threatened to leave him broke. However, they never could stop him at any time in his life or career. He flourished through them all and is still at the top of his game.
Disclaimer:
All the information above has been taken from the following sources:
Forbes
Wealthy Gorilla
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I’m Ava Paul, an experienced news website author with a special focus on the entertainment section. Over the past five years, I have worked in various positions of media and communication at World Stock Market. My experience has given me extensive knowledge in writing, editing, researching and reporting on stories related to the entertainment industry.