The show, which was previously hosted by Robin Leach in the 1980s and 90s, was revived earlier this year by the network.
Along with hosting “Lifestyles of the Rich and Famous,” Cannon will also be producing it as well under his company NCredible Entertainment.
The revamped show will start production in the fall.
“Nick is both aspirational and accessible — key qualities of the Style brand. He is extremely talented with a grounded personality and style that a wide-range of viewers have come to appreciate and respect. Nick’s comedic and down-to-earth perspective on the opulence of the wealthy makes him the ideal host as we reinvent this pop culture classic,” Style Media president Salaam Coleman Smith said. “With Nick’s humorous insight, Style will give viewers front-row access to how today’s wealthy live, paying homage to the original Lifestyles in a fresh, fun and irreverent way.”
“To be a part of Style’s reimagination of this iconic show and follow in the footsteps of the legendary Robin Leach is a dream come true,” Cannon said. “Even though I am fortunate to have certain luxuries, sometimes, I am even amazed by what people with money have and do. I want to remind people that just because you might be rich and famous, it doesn’t mean you have to take yourself too seriously.”
In addition to hosting the recently revived “Wild N’ Out” at MTV2, Cannon also hosts “America’s Got Talent,” “Nickelodeon’s Kids’ Choice Awards,” the “Halo Awards” and others.
He also recently signed a first-look production deal with NBC, to develop scripted and unscripted programming for the network, and is set to play 1980s drug dealer Rick Ross in a biopic.