Nick Cannon Rakes in a $100 Million a Year; The Surprising Truth Behind His Income

Nick Cannon was often considered a joke back in the 90s when he started his rap career. But now, more than two decades later, no one can deny that the star knows exactly what he is doing, and his massive annual income is perfect proof of that.

While his net worth sits at a comfortable $50 million, he most likely spends just as much as he makes, if not more, as his entrepreneurial career and 12 children certainly require a lot of investment.

Here's how Cannon makes his millions.

At this point, Nick Cannon is best known for his hosting duties on the hit reality singing competition The Masked Singer, for which he earns around $20 million for two seasons a year. This is certainly a huge number, but his $100 million annual income is made up of so much more.

In addition to his work on The Masked Singer, Cannon has hosted Wild 'N Out since 2005 and hosts The Daily Cannon for Amazon every weekday morning, making his schedule a total nightmare. He also runs the N'Credible music label and two bars in San Diego and Miami and is a co-owner of LA restaurant Yamashiro. And that is not all, as Cannon is also a prolific actor, appearing frequently in various films and shows.

With a career like this, it is no wonder that Cannon makes a lot of money from all his acting and business endeavors. The man seems to work non-stop while still finding time to spend with his many kids.

However, not all fans buy the star's perfect father stories, arguing that with a schedule like that, Cannon can't possibly spend much time with his 12 children.

'Throw all the money you want at the kids, but it's not physically possible to be a present father for each of those kids,' one fan argued.

But even if Nick Cannon is not always available for his family, he can certainly pay for his children's every wish, as his immense annual income puts him at the top of the list of the richest celebrities of our time.

Source: Reddit.