Nick Cannon said that he spends around $200,000 a year on Disneyland trips for his kids.
Cannon currently has 11 children with six different women that he provides for.
However, the entertainer has multiple revenue streams in music, film, radio, and more.
Nick Cannon says he has to "generate" $100 million to support his lifestyle.Moroccan Scott Cannon, Nick Cannon, and Monroe Cannon.
Frazer Harrison / KCA2018 / Getty Images for Nickelodeon
Cannon told the Los Angeles Times in May that he has to "generate" at least $100 million a year to support his lifestyle after facing criticism about child support.
Last year, after the birth of his ninth child, The Sun estimated that Cannon was expected to pay $3 million in child support every year.
He rebutted that figure when speaking to The Neighborhood Talk. He said that he doesn't pay child support but he spends more than $3 million on his children annually.
"I don't plan to ever have to participate in the governmental system of child," He said.
Here is how Cannon is able to make his millions to spend on his family and lifestyle.
Nick Cannon is reportedly paid more than $20 million for hosting "The Masked Singer."Host Nick Cannon and Kirstie Alley on "The Masked Singer."
FOX/Getty Images
Nick Cannon told The Los Angeles Times in May that he's paid more than $20 million for hosting the Fox singing competition series, "The Masked Singer."
It is unclear whether this is his annual salary or salary per season (he hosts two seasons per year), however, Cannon has hosted all nine seasons of the Emmy award-winning show, making it a steady gig for the star.
In 2020, Forbes reported that Cannon had signed on to produce "The Masked Singer" that year through his production company, Ncredible Productions, meaning that he would also participate in a share of the show's profits, as well as his hosting fee.
Cannon created, hosts, and produces another TV show, "Wild 'n Out."Nick Cannon moved to MTV2 to relaunch "Wild 'n Out."
MTV2
"Wild 'n Out," a freestyle comedy show created in 2005, is one of the main shows Cannon is known for. It also generates a lot of money for him.
The format doesn't appear to be wholly owned by Cannon, because he demanded "full ownership" from ViacomCBS — now known as Paramount Global — in 2020. However, he is an executive producer on the show as well as the main host.
Last year, "Wild 'n Out" also went on an arena tour across the US, and to themed sports bars in San Diego and Miami that Cannon owns, according to the LA Times.
Over the years, Cannon has hosted numerous series, including "America's Got Talent."Nick Cannon at Fox Upfront 2022.
Jason Mendez /WireImage
Cannon has hosted several other game shows and competition shows over the years.
Cannon has several other projects set to come out.Cannon performing at the Apollo Theater.
Shahar Azran / Getty Images
Cannon has filmed multiple projects that are reported to come out this year.
First is an Amazon Freevee show called "Counsel Culture," which the LA Times described as an all-male version of "The View."
Cannon has also a filmed version of his Future Superstar Tour, which showcases up-and-coming music talent. The docuseries, "Nick Cannon Presents: Future Superstars," premiered on VH1 in November.
Finally, IndieWire reported in April that Cannon will join Alec Baldwin, Mickey Rourke, and Tara Reid in a movie called "Hollywood Heist." Cannon will be playing the agent of a fictionalized version of Baldwin, and the "Wild 'n Out" host is also a producer of the movie.
Nick Cannon has starred in several movies over the years.Nick Cannon in the 2002 movie "Drumline."
Twentieth Century Fox
After starring in multiple series in the 1990s, Cannon moved onto the big screen with "Whatever It Takes" in 2000.
Throughout his career, Cannon has had starring roles and appearances in numerous movies such as "Drumline," "Love Don't Cost A Thing," and "Bobby," all of which have contributed to his earnings.
While Cannon hasn't revealed how much he was paid for any of these movies, earlier this year, he told HipHopDX that he turned down a movie called "ATL" for the movie "Roll Bounce" because it paid more.
Rapper T.I. ended up taking the role in "ATL," and noted in an interview on the "Jemele Hill is Unbothered" podcast in 2019 that he was paid $85,000 for the movie.
Nick Cannon also has his own radio show and podcast.Nick Cannon visits SiriusXM's "The Howard Stern Show" at SiriusXM Studios on April 10, 2023, in Los Angeles, California.
Emma McIntyre/Getty Images for SiriusXM
Cannon has also expanded into audio in recent years.
Cannon first hosted a morning show for the 92.3 NOW radio station in New York from 2010 to 2012.
In 2019, Cannon joined Power 106 in Los Angeles as host of "Nick Cannon Mornings" and other shows until his deal ended in 2022.
Cannon also hosts a podcast called "2 Hate or Not 2 Hate" with Jonathan Greenblatt, the chief executive of the Anti-Defamation League, to bridge the gap between Black and Jewish cultures.
Cannon also owns his own record company through Ncredible.Nick Cannon attends day three of Sirius XM At Super Bowl LVI.
Cannon has 11 children with six different mothers to support.Brittany Bell and Nick Cannon have a daughter named Powerful Queen Cannon.
Daniel Knighton / Getty Images
Cannon's main expenditure is on his children.
Cannon told The Neighborhood Talk that he spends more than $3 million on all of his children combined.
Cannon has fathered twins with Mariah Carey, three children with his "Daily Cannon" cohost Abby De La Rosa, another three children with Brittany Bell, two kids with Alyssa Scott, and a child each with Bre Tiesi and Lanisha Cole.
In an Instagram post, De La Rosa said she was "grateful" to Cannon for the house.
It is unclear where Cannon currently resides, but his last reported home purchase was in New Jersey.
Cannon originally had a place near San Diego, however, after he got married to Carey, they appeared to move into her mansion in Bel Air. Cannon eventually sold the house near San Diego in 2019 for $603,500 according to the LA Times.
Forbes also reported that Cannon and Carey sold their Bel Air home in 2015, after their separation, for $9 million.
Around the same time, TMZ said that Cannon had rented a mansion in New Jersey that cost $11,000 a month. The report said he had the option to buy the $3 million property in the future.
The Sun reported in 2021 that Cannon had eventually bought the mansion.
Nick Cannon says he spends around $200,000 on Disneyland trips a year for his 11 children.Monroe Cannon, Nick Cannon, Mariah Carey, and Moroccan Cannon pose with Disney characters at Disneyland in Anaheim, California.
"The crazy thing is I used to host Christmas morning at Disneyland and so I used to get that Disney bag. There were perks so all of that stuff was free. It's no longer free and I only had two kids then," Cannon said, referring to his two eldest children Moroccan and Monroe.
He added: "Every birthday and Christmas — I'm literally at Disneyland at least once a month, and to move around Disney, like, I'm probably spending $200,000 a year at Disneyland."
Cannon explained that the expenses add up due to the cost of the hotel and chaperones.
This article was originally published on May 17, 2023, and was most recently updated on December 4, 2023.
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