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Magnus carlsen net worth

Magnus Carlsen’s income sources will surprise you, Cars, Girlfriend, Sponsors & advertisements, Magnus Carlsen net worth

According to Celebrity Net Worth, Magnus Carlsen net worth is around $50 million. But there is no exact data available, According to NY Times data and his earnings from all the sources, his net worth lies between $25 million to $50 million.

What is Magnus Carlsen’s source of income?

  • Income from Chess championships and Tournament games
  • Income from Sponsorships and Endorsements ( from YouTube, Chess24.com Banter Blitz, Chess.com, etc)
  • Income from Play Magnus Group
  • Income from Poker Game

Magnus Carlsen’s Income from Chess championships and Tournament games

Magnus Carlsen is a five-time world chess champion. he is the reigning five-time World Rapid Chess Champion and the reigning seven-time World Blitz Chess Champion.

Magnus Carlsen is the highest-paid chess player in the world. The prize money in the world chess championship game is around $2 million. where the winner gets a total of 60% of the prize money and the runner gets 40%. Magnus has defended his world championship title 5 times. So, he has made an estimated $6 million from the world championship matches.

Which chess championships and tournament games did Magnus Carlsen play and generate income from?

Where the prize money for Tata Steel Masters is around US$ 41500, Biel Chess Tournament is US$ 33000, Tal Memorial in 2016 was US$ 200,000, London Chess Classic is US$ 19,000, USD World Chess Candidates is US$ 2,500,000, Norway Chess is US$ 232,705, Sinquefield Cup is US$ 350,000, Zurich Chess Challenge is US$ 86,000, Gashimov Memorial is 100,000 Euros, GRENKE Chess Classic is 70,000 Euros, Qatar Masters Open is US$ 110,000, Altibox Norway is 2,500,000 NOK, Isle of Man International is £243,400, Biel ACCENTUS is CHF 28’500, FIDE Grand Prix – Zagreb is 390,000 Swiss Francs.

According to chess.com

In 2023, GM Magnus Carlsen became the first chess player to earn more than $10,000,000 in lifetime winnings only from major tournaments—never mind sponsorships, royalties, or business management. After winning over $700,000 in 2023, he became the all-time leader, surpassing GM Viswanathan Anand.

Which chess player was the biggest prize winner in 2023?

In 2023, Magnus Carlsen elected to relinquish the title of world chess champion, and the world championship was played between Ding Liren and Ian Nepomniachtchi. Ding Liren was the winner of the World Chess Championship 2023, and he won the biggest amount €2,000,000 (US$2,200,000) in 2023.

How many Chess World Championships has Magnus Carlsen won?

Magnus Carlsen won the world chess championship match in 2013 against India’s times world chess champion Vishwanath Anand. At the age of 22 years 11 months and 23 days, Magnus became world chess champion on 22nd November 2013. after winning the world championship title Magnus has continuously defended his title for 4 times.

Apart from the world championship games. Magnus has won 6 times in the Norway Chess Championship tournament in the Classical format and 3 times in the Blitz format, which is one of the highest-paid chess tournaments. Magnus Carlsen earns more than any professional chess player’s salary.

Magnus Carlsen Achievements

  • He is 5 times World Chess Champion (Classical)
  • He is 4 times World Rapid Chess Champion
  • He is 6 times World Blitz Chess Champion
  • He is 8 times Tata Steel Champion
  • He is 6 times Norway Champion
  • He is 4 times London Champion
  • He is the 2023 Fide World Cup Winner
  • He also won Candidates in 2023

How much money did Magnus Carlsen make through sponsorships and Endorsements?

Being world No.1 in ranking and the World Champion for a decade Magnus Carlsen has dozens of sponsors. Most of the brands are multi-million and billion-dollar companies like Unibet, Puma, Mastercard, Isklar, Arctic Securities, VG (a Norwegian media house), G-star RAW, etc.

How much money did Magnus Carlsen make through the sponsor UNIBET?

Magnus Carlsen had signed a two-year sponsorship agreement with the Malta-based gambling company Kindred Group, which owns sports betting site Unibet. Magnus Carlsen was the global ambassador for Unibet between 2020 and 2021. This was disclosed during a news conference in Stockholm.

  • Magnus Carlsen had Signed a Sponsorship Deal With Unibet

    On January 8, 2020, Carlsen sidestepped the objections from the federation as his club Offerspill signed a direct $441,000 agreement with Kindred Group. Half of that amount was intended to support the development of young Norwegian talents read more


    How much money did Magnus Carlsen make through the sponsor PUMA?

    German sportswear brand Puma entered chess after penning a long-term partnership with Norwegian Grandmaster Magnus Carlsen. The partnership also featured the online Champions Chess Tour, whose 2022 season ran with a prize pool of US$1.6 million.

    Puma made a chess play with Magnus Carlsen’s partnership

    Puma saw sales reach a record €6.8bn for 2021, Puma supported the Champions Chess Tour, which was managed by the Play Magnus Group, a company founded by Carlsen. read more


    How much money did Magnus Carlsen make through the sponsor MASTERCARD?

    According to Forbes (Magnus Carlsen net worth Forbes), Mastercard expanded its commitment to the world of esports in 2021 by announcing it was the latest sporting global brand ambassador: Magnus Carlsen, the highest-rated chess grandmaster in history. However, there is no exact information available about the sponsorship deal money amount.

    Mastercard Signed Magnus Carlsen, Reveals Huge Esports Deal For Chess Fans

    He was leading the standings for the inaugural Meltwater Champions Chess Tour, which features a $300,000 grand prize. Mastercard has joined the competition as a sponsor, effective immediately. read more


    How much money did Magnus Carlsen make through the sponsor G-STAR RAW?

    G-Star Raw is a Dutch fashion company, G-Star Raw collaboration with Carlsen began in 2010.

    Partnerships Outside Chess Boosted Magnus Carlsen’s Net Worth

    According to Chessable, Magnus Carlsen earned an estimated US$ 2 million per year from sponsorships and his modeling contract with the Dutch fashion company G-Star Raw. read more

    Magnus owns a company called “Magnuschess AS” that collects his earnings from sponsors, chess tournaments, and the PlayMagnus app. He owns 85% of the Magnuschess company and his father owns the remaining 15%.

    Magnuschess AS operates within the Sport, recreation and amusement activities industry. It was incorporated in 2006. Its headquarters are located at Svarttrostveien 27, 0788 Oslo. PlayMagnus App was founded by Magnus Carlsen after becoming world champion in 2013.

    Magnus Carlsen net worth Reddit

    Magnus got a boost when he became the champion in 2013, According to Reddit, When Magnuschess AS was found in 2006 after 1 year from 2007 to 2017 earning data is available below.

    2007 – 144k dollars (130k euro)

    2008 – 192k dollars (166k euro)

    2009 – 84k dollars (76k euro)

    2010 – 590k dollars (534k euro)

    2011 – 337k dollars (305k euro)

    2012 – 481k dollars (436k euro)

    2013 – 1.288 million dollars (1.167 million euro)

    2014 – 1.228 million dollars (1.113 million euro)

    2015 – 1.096 million dollars (993k euro)

    2016 – 1.047 million dollars (949k euro)

    2017 – 1.373 million dollars (1.244 million euro)

    His total earnings during these 10 years were about US$ 7.5 million. Magnus Carlsen was earning up to 50-60k a day when he was hired to do exhibition matches or similar chess activities. He earned about 500-600k a year from sponsors. but his earnings have been raised continuously.

    Read more about Magnus Carlsen IQ.

  • Magnus Carlsen had Signed a Sponsorship Deal With Unibet

    On January 8, 2020, Carlsen sidestepped the objections from the federation as his club Offerspill signed a direct $441,000 agreement with Kindred Group. Half of that amount was intended to support the development of young Norwegian talents read more


    How much money did Magnus Carlsen make through the sponsor PUMA?

    German sportswear brand Puma entered chess after penning a long-term partnership with Norwegian Grandmaster Magnus Carlsen. The partnership also featured the online Champions Chess Tour, whose 2022 season ran with a prize pool of US$1.6 million.

    Puma made a chess play with Magnus Carlsen’s partnership

    Puma saw sales reach a record €6.8bn for 2021, Puma supported the Champions Chess Tour, which was managed by the Play Magnus Group, a company founded by Carlsen. read more


    How much money did Magnus Carlsen make through the sponsor MASTERCARD?

    According to Forbes (Magnus Carlsen net worth Forbes), Mastercard expanded its commitment to the world of esports in 2021 by announcing it was the latest sporting global brand ambassador: Magnus Carlsen, the highest-rated chess grandmaster in history. However, there is no exact information available about the sponsorship deal money amount.

    Mastercard Signed Magnus Carlsen, Reveals Huge Esports Deal For Chess Fans

    He was leading the standings for the inaugural Meltwater Champions Chess Tour, which features a $300,000 grand prize. Mastercard has joined the competition as a sponsor, effective immediately. read more


    How much money did Magnus Carlsen make through the sponsor G-STAR RAW?

    G-Star Raw is a Dutch fashion company, G-Star Raw collaboration with Carlsen began in 2010.

    Partnerships Outside Chess Boosted Magnus Carlsen’s Net Worth

    According to Chessable, Magnus Carlsen earned an estimated US$ 2 million per year from sponsorships and his modeling contract with the Dutch fashion company G-Star Raw. read more

    Magnus owns a company called “Magnuschess AS” that collects his earnings from sponsors, chess tournaments, and the PlayMagnus app. He owns 85% of the Magnuschess company and his father owns the remaining 15%.

    Magnuschess AS operates within the Sport, recreation and amusement activities industry. It was incorporated in 2006. Its headquarters are located at Svarttrostveien 27, 0788 Oslo. PlayMagnus App was founded by Magnus Carlsen after becoming world champion in 2013.

    Magnus Carlsen net worth Reddit

    Magnus got a boost when he became the champion in 2013, According to Reddit, When Magnuschess AS was found in 2006 after 1 year from 2007 to 2017 earning data is available below.

    2007 – 144k dollars (130k euro)

    2008 – 192k dollars (166k euro)

    2009 – 84k dollars (76k euro)

    2010 – 590k dollars (534k euro)

    2011 – 337k dollars (305k euro)

    2012 – 481k dollars (436k euro)

    2013 – 1.288 million dollars (1.167 million euro)

    2014 – 1.228 million dollars (1.113 million euro)

    2015 – 1.096 million dollars (993k euro)

    2016 – 1.047 million dollars (949k euro)

    2017 – 1.373 million dollars (1.244 million euro)

    His total earnings during these 10 years were about US$ 7.5 million. Magnus Carlsen was earning up to 50-60k a day when he was hired to do exhibition matches or similar chess activities. He earned about 500-600k a year from sponsors. but his earnings have been raised continuously.

    Read more about Magnus Carlsen IQ.

  • Magnus Carlsen had Signed a Sponsorship Deal With Unibet

    On January 8, 2020, Carlsen sidestepped the objections from the federation as his club Offerspill signed a direct $441,000 agreement with Kindred Group. Half of that amount was intended to support the development of young Norwegian talents read more


    How much money did Magnus Carlsen make through the sponsor PUMA?

    German sportswear brand Puma entered chess after penning a long-term partnership with Norwegian Grandmaster Magnus Carlsen. The partnership also featured the online Champions Chess Tour, whose 2022 season ran with a prize pool of US$1.6 million.

    Puma made a chess play with Magnus Carlsen’s partnership

    Puma saw sales reach a record €6.8bn for 2021, Puma supported the Champions Chess Tour, which was managed by the Play Magnus Group, a company founded by Carlsen. read more


    How much money did Magnus Carlsen make through the sponsor MASTERCARD?

    According to Forbes (Magnus Carlsen net worth Forbes), Mastercard expanded its commitment to the world of esports in 2021 by announcing it was the latest sporting global brand ambassador: Magnus Carlsen, the highest-rated chess grandmaster in history. However, there is no exact information available about the sponsorship deal money amount.

    Mastercard Signed Magnus Carlsen, Reveals Huge Esports Deal For Chess Fans

    He was leading the standings for the inaugural Meltwater Champions Chess Tour, which features a $300,000 grand prize. Mastercard has joined the competition as a sponsor, effective immediately. read more


    How much money did Magnus Carlsen make through the sponsor G-STAR RAW?

    G-Star Raw is a Dutch fashion company, G-Star Raw collaboration with Carlsen began in 2010.

    Partnerships Outside Chess Boosted Magnus Carlsen’s Net Worth

    According to Chessable, Magnus Carlsen earned an estimated US$ 2 million per year from sponsorships and his modeling contract with the Dutch fashion company G-Star Raw. read more

    Magnus owns a company called “Magnuschess AS” that collects his earnings from sponsors, chess tournaments, and the PlayMagnus app. He owns 85% of the Magnuschess company and his father owns the remaining 15%.

    Magnuschess AS operates within the Sport, recreation and amusement activities industry. It was incorporated in 2006. Its headquarters are located at Svarttrostveien 27, 0788 Oslo. PlayMagnus App was founded by Magnus Carlsen after becoming world champion in 2013.

    Magnus Carlsen net worth Reddit

    Magnus got a boost when he became the champion in 2013, According to Reddit, When Magnuschess AS was found in 2006 after 1 year from 2007 to 2017 earning data is available below.

    2007 – 144k dollars (130k euro)

    2008 – 192k dollars (166k euro)

    2009 – 84k dollars (76k euro)

    2010 – 590k dollars (534k euro)

    2011 – 337k dollars (305k euro)

    2012 – 481k dollars (436k euro)

    2013 – 1.288 million dollars (1.167 million euro)

    2014 – 1.228 million dollars (1.113 million euro)

    2015 – 1.096 million dollars (993k euro)

    2016 – 1.047 million dollars (949k euro)

    2017 – 1.373 million dollars (1.244 million euro)

    His total earnings during these 10 years were about US$ 7.5 million. Magnus Carlsen was earning up to 50-60k a day when he was hired to do exhibition matches or similar chess activities. He earned about 500-600k a year from sponsors. but his earnings have been raised continuously.

    Read more about Magnus Carlsen IQ.

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