The Cannon Family
Fortune: $50M
Business: TeenNick
Industry: Entertainment
Famous Member: Nick Cannon
Award-winning actor, rapper, and producer Nick Cannon is not just one of the country’s youngest elites: he’s also among the richest. He owes much of his fortune to his best-selling music. His earliest effort was through a rap group called Da G4 Dope Bomb Squad.
Cannon’s popularity grew thanks to some hit singles like Can I Live?, Nick’s Story, and Teach Me How to Dougie. Cannon ultimately started his own rap label, and then a record company.
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