Prior to the live event, Women's Wear Daily posted a video on Instagram of Cannon revealing his outfit for the night. "$2 million shoes. A million each foot... Pow!" the tuxedo-clad star explained.
Designer Jason Arashenen created the pricey shoes, which include 14,000 full-cut diamonds set in gold with a weight of 340 carats.
Arashenen commented: "Not very often do I get a request for the most expensive shoes in the world. When Nick approached me last year, he said he wanted to make history and be so over-the-top. He wanted to set a new standard in diamonds."
The Guinness Book of World Records is considering listing the footwear as the Most Valuable Pair of Shoes in the world.
Fans loved the shoes, and Cannon retweeted:
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