Magnus Carlsen’s net worth is estimated to be around $25 million. He is a Norwegian chess champion known for his incredible skills and achievements in the world of chess. Since winning the World Chess Championship in 2013, Carlsen has become one of the most recognized names in the sport.
Carlsen’s success isn’t just from winning tournaments. He also earns money through sponsorships, merchandise, and online streaming. His popularity has helped him build a strong brand, making him not only a player but also a business figure in the chess community.
Wiki Biography
| Detail | Information |
|---|---|
| Real Name | Sven Magnus Øen Carlsen |
| Popular Name | Magnus Carlsen |
| Gender | Male |
| Birth Date | November 30, 1990 |
| Age | 33 years old (as of 2024) |
| Parents | Sigrun Øen, Henrik Albert Carlsen |
| Siblings | Ingrid Carlsen, Ellen Øen Carlsen, Signe Carlsen |
| Birthplace | Tønsberg, Norway |
| Nationality | Norwegian |
| Ethnicity | Scandinavian |
| Education | Norwegian College of Elite Sport |
| Marital Status | Unmarried |
| Spouse | N/A |
| Children | None |
| Height | 5 ft 10 in (178 cm) |
Magnus Carlsen learned to play chess at five years old. He had his first tournament at eight years old during the Norwegian Chess Championship. By thirteen, he became a chess grandmaster. He has been the World Chess Champion five times since 2013.
Early Life and Career Beginnings
Magnus Carlsen was born on November 30, 1990, in Tønsberg, Norway. His parents are Sigrun Øen, a chemical engineer, and Henrik Albert Carlsen, an IT consultant. He has three siblings: Ingrid, Ellen Øen, and Signe Carlsen.
Magnus showed his intellectual abilities early in life. At just two years old, he could solve a 50-piece jigsaw puzzle. By the age of four, he was assembling Lego sets made for older kids.
Magnus learned to play chess when he was five years old, taught by his father. He quickly became skilled. By the time he turned eight, he participated in his first tournament at the Norwegian Chess Championship.
Rise to Fame
Magnus Carlsen’s rise to fame in the chess world showcases his exceptional talent and dedication. He became a well-known figure after winning the World Chess Championship in 2013. This made him the world’s youngest champion at the age of 22. His skill and focus impressed fans everywhere.
Throughout his career, Carlsen participated in and won many prestigious tournaments. He won the World Cup multiple times and secured victories in World Rapid and Blitz Championships. In 2022, he earned $560,000 from just seven major tournaments. His achievements in these competitions increased his reputation as one of the best chess players in history.
Sponsorship deals also contributed to Carlsen’s rise. Brands like Mastercard, Puma, and G-Star RAW support him financially. These sponsorships bring in about $2 million each year. Such partnerships not only highlight his talent but also show how valuable he is as a public figure.
Carlsen’s business ventures further shaped his fame. He co-founded Play Magnus AS, which focuses on chess education. In 2019, the company merged with chess24.com, creating one of the largest online chess platforms. This successful venture also boosted his net worth, solidifying his status in the chess world.
Magnus Carlsen’s journey to fame demonstrates his hard work, talent, and the impact of business opportunities in the world of chess.
Net Worth, Salary, and Earnings
Magnus Carlsen, the famous Norwegian chess grandmaster, has an estimated net worth of $25 million as of 2024. His success in the chess world, along with smart business choices, contributes to this impressive figure.
Tournament Prize Money
Carlsen earns substantial prize money from chess tournaments. In 2022, he made $560,000 from competing in seven major tournaments. In 2023, his winnings included $110,000 from triumphing at the FIDE World Cup. These events highlight his skill and dedication as a top player.
Business Ventures
A large part of his wealth comes from business ventures. Carlsen co-founded Play Magnus, a company focused on chess and learning. This company merged with chess24.com in 2019, creating one of the biggest online chess platforms, valued at over $100 million.
Carlsen’s holding company, Magnuschess, owns 85% of Play Magnus. His father holds the remaining 15%. This investment plays a key role in his financial success.
Sponsorship Deals
Carlsen also benefits from sponsorship deals with major brands. He earns around $2 million each year from partnerships with companies like Mastercard, Puma, and G-Star RAW. These deals increase his visibility and income outside of chess.
Carlsen’s earnings come from a mix of tournament prize money, business investment, and sponsorships. This balance showcases his talents both on and off the chessboard.
Notable Works and Ventures
Chess Career
Magnus Carlsen is a Norwegian chess grandmaster and the reigning five-time World Chess Champion. He holds the record for the longest unbeaten streak at the top level of classical chess, demonstrating his skill and consistency. His peak rating of 2882 is the highest in chess history. Carlsen has triumphed in major tournaments, including the World Chess Championship, World Blitz Championship, and World Rapid Championship.
Business Ventures
Play Magnus Group
Carlsen co-founded Play Magnus AS with Anders Brandt and Espen Agdestein. This company focuses on developing chess-related apps. The flagship product, Play Magnus, allows users to play against a chess engine based on Carlsen’s past games. Other popular apps include Magnus Trainer and Magnus Kingdom of Chess.
In 2019, Play Magnus merged with chess24.com, creating a larger online chess platform that is valued at over $100 million. This merger combines resources and expertise, making chess more accessible to players of all skill levels.
Carlsen’s holding company, Magnuschess, owns 85% of Play Magnus, with his father holding the remaining 15%. This business strategy contributes significantly to Carlsen’s wealth and public presence in the chess community.
Spouse, and Partner
Magnus Carlsen is currently unmarried. There’s no public information about him having a partner or spouse. As of now, he is not known to be in any romantic relationship, and he has no children. This aspect of his personal life remains private, focusing more on his chess career and business ventures.
Age, Weight, and Height
Magnus Carlsen was born on November 30, 1990. As of 2024, he is 33 years old. He stands at a height of 5 feet 10 inches (which is about 178 centimeters).
There is no available information about Magnus Carlsen’s weight. However, he focuses on maintaining a healthy lifestyle, which supports his active career in chess.
These details help paint a picture of Carlsen, who not only excels at chess but also takes good care of himself physically.
Conclusion
Magnus Carlsen’s impressive net worth of $25 million reflects not just his exceptional chess skills but also his strategic business acumen. His successful career as a five-time World Chess Champion and lucrative sponsorship deals have positioned him as a leading figure in the chess world.
Moreover his innovative ventures like Play Magnus demonstrate his commitment to promoting chess while diversifying his income streams. As he continues to break records and expand his influence in the chess community, Carlsen remains an inspiration for both players and entrepreneurs alike.
Frequently Asked Questions
What is Magnus Carlsen’s net worth as of 2024?
Magnus Carlsen’s estimated net worth is $25 million as of 2024, derived from tournament winnings, sponsorships, and business ventures.
How many times has Magnus Carlsen been World Chess Champion?
Magnus Carlsen has been World Chess Champion five times since winning his first title in 2013, making him a prominent figure in the sport.
What are Magnus Carlsen’s main sources of income?
Carlsen earns income from tournament prize money, sponsorship deals with brands, and business investments, notably in his company Play Magnus.
When was Magnus Carlsen born?
Magnus Carlsen was born on November 30, 1990, in Tønsberg, Norway.
What notable achievements does Magnus Carlsen have in chess?
Carlsen is known for his five-time World Chess Championship wins, a peak rating of 2882, and the longest unbeaten streak in classical chess history.
Is Magnus Carlsen married?
As of 2024, Magnus Carlsen is unmarried and has no public information regarding a romantic partner or children.
What is Play Magnus?
Play Magnus is a company co-founded by Carlsen that focuses on chess-related apps and educational activities, including a platform where users can play against a chess engine based on his games.
How tall is Magnus Carlsen?
Magnus Carlsen stands at a height of 5 feet 10 inches (approximately 178 centimeters).
