Magnus Carlsen Net Worth
Magnus Carlsen has an estimated net worth of $50 million. He is a Norwegian chess player who won the World Chess Championship in 2013, becoming the second youngest World Chess Champion at 22. He earns most of his income from prize money, brand endorsements, and business ventures.
Magnus Carlsen is a chess prodigy and became a grandmaster in 2004 at the age of 13. In 2010, at the age of 19, he became the No. 1 player in the world rankings. At that time he was the youngest chess player in history to be ranked #1 in the world.
At the age of eight, he began participating in prestigious chess tournaments, winning several of them. He gained international fame by winning Group C at the Corus Chess Tournament in Wijk aan Zee in 2004, and became a grandmaster after finishing second in the Dubai Open Chess Championship in April of the same year. His career reached new heights over the next few years, and in 2010 the Fédération Internationale des Échecs (FIDE) announced that Carlsen was the best player in the world.
To calculate the net worth of Magnus Carlsen, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.
Here’s the breakdown of his net worth:
|Net Worth:||$50 Million|
|Monthly Salary:||$40 Thousand|
|Annual Income:||$10 Million|
|Source of Wealth:||Professional Chess Player, Model, Entrepreneur|
Sven Magnus en Carlsen was born in Tnsberg, Vestfold, Norway on November 30, 1990. His parents, Sigrun en and Henrik Albert Carlsen, are both engineers.
He began displaying his intellectual abilities while still a toddler. He could solve 50-piece jigsaw puzzles by himself at the age of two and proceeded to assemble Lego sets meant for much older children at the age of four. Because of the boy’s brilliance and competitive spirit, his father taught him to play chess.
Carlsen became engrossed in the game and played alone for hours at a time. He also started reading chess books, which helped him develop his game plan and skills. Despite his youth, he quickly developed into a formidable chess player due to his excellent memory.
At the age of eight, he competed in his first tournament, the youngest division of the 1999 Norwegian Chess Championship. Carlsen played nearly 300 rated tournament games between 2000 and 2002, finishing second in the boys’ under-12 division at the Fédération Internationale des Échecs (FIDE) World Youth Chess Championship in Iráklion, Greece.
After winning the Corus chess tournament in Wijk aan Zee in 2004, he gained international attention. Carlsen was only a teenager when he won the C group, and Grandmaster Lubomir Kavalek dubbed him the “Mozart of Chess.”
In March 2004, he defeated former world champion Anatoly Karpov in a blitz chess tournament and then drew with Garry Kasparov, the world’s top-rated player at the time. Carlsen was then eliminated from the tournament after being defeated by Kasparov in another round.
In April 2004, he finished second in the Dubai Open Chess Championship and was promoted to Grandmaster. He was the world’s youngest Grandmaster at the time, and the third youngest person ever to hold GM status.
He performed admirably at the 2006 Norwegian Chess Championship, but was defeated in the final round by Berge stenstad. He did, however, win the title for the first time in the play-off.
In 2007, he faced several formidable opponents in the prestigious Linares chess tournament, which many regard as “the Wimbledon of chess.” Carlsen finished second against top-rated players such as Veselin Topalov, Viswanathan Anand, Peter Svidler, Alexander Morozevich, and Levon Aronian.
When he won the International Chess Festival Biel Grandmaster Tournament in August 2007, he became the youngest person ever to win a category 18 tournament. The following year, he shared first place in the Corus chess tournament with Levon Aronian, becoming the youngest person ever to win a category 20 tournament.
He won the World Blitz Championship in Moscow in 2009 and then went on to win the London Chess Classic as the top seed. He went on to defeat former world champion Vladimir Kramnik and win the tournament. Carlsen was named the world’s top player by FIDE in January 2010.
Magnus Carlsen faced world champion Viswanathan Anand in the World Chess Championship in Chennai, India, in 2013. Carlsen won the championship 612-312 by winning games 5, 6, and 9 and drawing the rest. As a result, he became the new world chess champion, the second youngest player (after Kasparov) to do so. In November 2014, he faced Anand again in a match for the title of World Chess Champion and successfully defended his title.
Awards & Achievements
Magnus Carlsen won the Chess Oscars five years in a row, from 2009 to 2013. The Chess Oscar is presented annually by the Russian chess magazine ’64’ to the year’s best player as determined by a worldwide poll of leading chess critics, writers, and journalists.
In 2009, the Norwegian tabloid ‘Verdens Gang’ (VG) named him “Sportsman of the Year.”
He was awarded the Peer Gynt Prize in 2011, a Norwegian honor prize given annually to “a person or institution that has achieved distinction in society.”
His peak Elo rating of 2882 is the highest ever recorded.
Because of his fame as a chess star, Carlsen has entered into many business partnerships with well-known brands. In 2010 and 2014, he modeled for the Dutch designer clothing company G-Star RAW. In addition to being an ambassador for Nordic Semiconductor, Carlsen has also represented the gambling company Unibet.
Together with Anders Brandt and Espen Adgestein, Carlsen founded the company Play Magnus AS. Its first product was an iOS app based on a database of Carlsen’s previous games. Later, other apps were released, including Magnus Trainer and the Magnus Kingdom of Chess. Carlsen founded the Offerspill Chess Club in Norway in 2019, of which he is also chairman.
Play Magnus and chess24.com merged in March 2019, creating one of the largest online chess portals in the world with an estimated private market value of over $100 million.
Personal Life & Girlfriend
Carlsen is currently single, but has had a remarkable relationship. On Valentine’s Day 2017, he officially announced that he was dating his then-girlfriend Synne Christin Larsen, 22.
The couple was often seen together in public, and she followed him during his World Chess Championship, but their romance lasted only until January 2018. The two have not commented on why they broke up, as they have both remained silent on the issue.
Before Synne, Magnus did not reveal whether he was in another romantic relationship, and after the breakup he apparently focused entirely on his career.
Magnus Carlsen Quotes
Some people think that if their opponent plays a beautiful game, it’s okay to lose. I don’t. You have to be merciless.
If you want to get to the top, there’s always the risk that it will isolate you from other people.
Once you’re a chess player, you spend a lot of time thinking about the game and you can’t get it completely out of your head.
I spend hours playing chess because I find it so much fun. The day it stops being fun is the day I give up.
Maybe if I didn’t have the talent in chess I’d find the talent in something else. The only thing I know is that I have talent in chess, and I’m satisfied with that.
I get more upset at losing at other things than chess. I always get upset when I lose at Monopoly.
One of the things that first attracted me to chess is that it brings you into contact with intelligent, civilized people – men of the stature of Garry Kasparov, the former world champion, who was my part-time coach.
I got the travel bug when I was quite young. My parents took me and my sisters out of school and we travelled all over Europe. It was an eye-opening experience and, although I love Norway, I also enjoy visiting new countries. I don’t get homesick.
I don’t look at computers as opponents. For me it is much more interesting to beat humans.
View our larger collection of the best Magnus Carlsen quotes.
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