Sven Magnus Øen Carlsen (born November 30, 1990) is a Norwegian chess grandmaster, renowned as a five-time World Chess Champion and holder of multiple titles, including the World Rapid Chess Champion and World Blitz Chess Champion.
Carlsen has held the No. 1 spot in the FIDE world rankings since July 2011 and set a record for the highest-ever chess rating at 2882. A chess prodigy, he became the youngest to reach No. 1 in 2010 and World Champion in 2013.
RELATED: Angie Dickinson Net Worth: The Wealth Accumulation of a Hollywood Veteran
Table of Contents
Magnus Carlsen Net Worth
Magnus Carlsen has a net worth of $25 million. The majority of his wealth comes from his company, Play Magnus, which merged with Chess.com in 2022.
His stake in the venture has been valued between $10-20 million in recent years. Additionally, Carlsen earns approximately $2 million annually from sponsorships and several million more from tournament prize money.
Early Life
Magnus Carlsen was born in Tønsberg, Norway, to Sigrun and Henrik. He lived in Espoo, Finland, and Brussels, Belgium before returning to Norway in the late 90s. A child prodigy, he solved a 50-piece jigsaw at two and built Lego sets at four.
Carlsen learned chess at age five and competed in his first tournament at the Norwegian Chess Championship at eight. He later attended the Norwegian College of Elite Sport, coached by Grandmaster Simen Agdestein.
Career
At 13, Magnus Carlsen won his group at the 2004 Corus chess tournament, earning his first GM norm. He secured his second GM norm at the Moscow Aeroflot Open and his third at the Dubai Open. In 2005, he tied for first in the Norwegian Chess Championship but finished as runner-up due to tiebreaks.
Carlsen became World Chess Champion in 2013 by defeating Viswanathan Anand. He successfully defended his title in 2014, 2016, and 2018. In 2023, he won the Chess World Cup, showcasing his continued dominance in chess.
Personal life
As of 2016, Magnus Carlsen identifies as a social democrat and mostly follows a vegetarian diet, with two of his sisters also being vegetarians. He is a passionate fan of football, supporting Real Madrid CF. In 2013, to celebrate his World Chess Championship win, he took the honorary kick-off at a La Liga match between Real Madrid and Real Valladolid.
Carlsen also follows the Premier League and excels at fantasy football, reaching No. 1 in the Fantasy Premier League in December 2019 before finishing in 10th place.
Who has beaten Magnus Carlsen the most?
Anand and Aronian have won the most games against Magnus Carlsen, the world’s top chess player.
RELATED: Phil Jackson Net Worth: The Financial Scorecard of an NBA Coaching Legend
Conclusion
Magnus Carlsen’s journey in the world of chess is a testament to his extraordinary talent, strategic mind, and hard work. His estimated net worth of $50 million is not just a reflection of his success in chess tournaments but also his savvy in leveraging his brand and knowledge in lucrative business ventures. Carlsen’s story is one of a child prodigy growing into a chess titan, redefining the game while amassing a fortune in the process.
FAQs about Magnus Carlsen Net Worth
- How much is Magnus Carlsen’s net worth? Magnus Carlsen’s net worth is estimated to be around $50 million.
- What are the main sources of Magnus Carlsen’s income? His income comes from tournament winnings, his YouTube channel, endorsements, and his Play Magnus AS app.
- What is Magnus Carlsen’s IQ? Carlsen’s IQ is estimated to be around 190.
- Why did Magnus Carlsen decide not to defend his World Championship title? Carlsen cited a lack of motivation and his preference for rapid and blitz chess formats over classical chess.
- What activities does Magnus Carlsen enjoy besides chess? Carlsen engages in physical activities like running, yoga, and soccer for mental and physical fitness.
