Nick Cannon reveals he brings home $100 million a year. Image via Instagram @nickcannon.
American TV host Nick Cannon revealed that he makes a whopping $100 million (R1.8 billion) a year in an interview with the Los Angeles Times on Sunday 7 May — here’s a look at all his sources of income.
Many have wondered how much money Nick Cannon must make to afford supporting 11 kids. Well, The Sun reported that the Masked Singer host pays an estimated R56 million ($3 million) a year in child support. However, he refuted the claim. In an interview with the Los Angeles Times, he revealed that it is not a lot of money and he has to make about R1.8 billion ($100 million) a year to afford his lifestyle.
So, he was then asked if he made $100 million a year to which he responded:
“Yeah… everybody thinks Ryan Seacrest has tons of money. I do everything that he does times 10. Well, not times 10 — times three. Because he does a lot.”
So, how does Cannon make $100 million annually?
He hosts two seasons a year of Masked Singer making him R378 million $20 million.
The father of 12 also hosts Wildin’ Out, a show he created which starts filming it’s 21st season this year. He also owns a live nation Wildin’ Out arena along with themed sports bars in San Diego and Miami.
Cannon is currently in Dublin shooting Fox’s guess-the-lyrics game show Beat Shazam. This was a fill-in gig after the show’s host and Cannon’s mentor Jamie Foxx was hospitalised in April with an undisclosed illness.
He stars alongside comedian Kevin Hart in E!’s Celebrity Prank Wars.
The TV host also shot Counsel Culture — an all-male version of The View.
He also has Future Superstar Tour airing this year — a filmed version of the recently wrapped live tour where the TV host showcases up-and-coming talent.
Cannon also starred in Hollywood Heist alongside Alec Baldwin.
He also hosts a podcast titled The Daily Cannon along with one of his “baby mamas” Abby de la Rosa and Mason Moussette.
The TV host also owns Ncredible — an entertainment company which has about six musicians signed to him.