Magnus Carlsen Net Worth

What’s Magnus Carlsen’s Net Worth and Salary?

Magnus Carlsen is a Norwegian chess participant who has a internet price of $50 million. Magnus Carlsen is a Norwegian chess grandmaster and reigning five-time World Chess Champion, who additionally holds the report for the longest unbeaten streak on the high degree of classical chess. Moreover, he has a peak ranking of 2882, which stands as the best in historical past. Carlsen’s enjoying model is characterised by positional mastery and unimaginable endgame ability.

Magnus earns an estimated $2 million per 12 months from sponsorships alone. A good portion of his internet price is attributable to the app “Play Magnus” which merged with chess24.com in March 2019 to kind one of many largest on-line chess firms on this planet and is presently valued at over $100 million.

Early Life and Chess Breakthroughs

Magnus Carlsen was born on November 30, 1990 in Tønsberg, Norway to chemical engineer Sigrun and IT marketing consultant Henrik. He spent components of his childhood in Espoo, Finland and Brussels, Belgium earlier than returning to Norway within the late 90s. At a younger age, Carlsen confirmed a pure predilection for mental challenges; at solely two years outdated, he was capable of clear up a 50-piece jigsaw puzzle, and at 4, he was assembling Lego units for these 3 times his age. Due to his father, Carlsen realized methods to play chess on the age of 5. When he was eight, he took half in his first match on the Norwegian Chess Championship.

Carlsen went to the Norwegian Faculty of Elite Sport, the place he was coached by the nation’s high participant, Grandmaster Simen Agdestein. From 2000 by way of 2002, Carlsen had performed in practically 300 rated match video games, along with a number of blitz tournaments and minor occasions. Towards the tip of the latter 12 months, he got here in sixth place within the European Beneath-12 Championship, after which tied for first place within the World Beneath-12 Championship.

Ascension within the World Chess Ranks, 2004-2012

On the age of 13, Carlsen made headlines after profitable his group on the 2004 Corus chess match in Wijk aan Zee, Netherlands. Because of his win, he earned his first GM norm. Carlsen earned his second GM norm shortly after on the Moscow Aeroflot Open, after which his third and closing one on the Dubai Open. Later within the 12 months, he tied for first place with Berge Østenstad within the Norwegian Chess Championship; nonetheless, Østenstad turned the champion as a result of superior tiebreaks. The same state of affairs occurred in 2005 with Simen Agdestein. Carlsen lastly gained his first Norwegian championship title the subsequent 12 months. In 2009, after profitable the London Chess Basic, he was launched to No. 1 on the FIDE ranking listing.

In early 2010, Carlsen as soon as once more gained the Corus chess match and the London Chess Basic. The next 12 months, he gained the Bazna Kings match, the Biel Grandmaster match, and the Tal Memorial. Though he was unable to defend his London Chess Basic title, he gained ranking factors that introduced him to a brand new private report of 2835. In 2012, Carlsen emerged victorious on the Grand Slam Chess Ultimate, and returned to first place on the London Chess Basic; because of this, his ranking elevated to 2861, surpassing the report of 2851 beforehand held by Garry Kasparov.

World Champion

Carlsen started his historic World Chess Championship run in 2013, when he defeated Viswanathan Anand to turn out to be the brand new World Champion. The following 12 months, he gained the FIDE World Speedy Championship and the World Blitz Championship, earlier than efficiently defending his World Champion title by as soon as once more defeating Anand. In 2015, Carlsen gained the Tata Metal Chess Event, the Grenke Chess Basic, and Shamkir Chess, and defended his title on the FIDE World Speedy Championships, turning into the first-ever participant to take action. Nonetheless, he misplaced his World Blitz Champion title to Alexander Grischuk.

Carlsen once more gained the Tata Metal Chess Event in 2016, and likewise had his first Norway Chess victory. One other win got here on the Bilbao Masters Ultimate. Later, on the World Chess Championship in New York Metropolis, Carlsen defeated Sergey Karjakin on tiebreaks to retain his World Champion title. He efficiently defended his title for the fourth time in 2018, when he defeated Fabiano Caruana in fast tiebreak video games. In 2019, Carlsen gained the Tata Metal Chess Event for a report seventh time; he went on to win the Grenke Chess Basic, the Côte d’Ivoire Speedy & Blitz, the Lindores Abbey Chess Stars Event, and Norway Chess. Extra historic success got here in 2021, when Carlsen defeated Ian Nepomniachtchi to win his fifth World Chess Championship and retain his title. Notably, the sport was the longest within the match’s historical past, with the primary 5 matches all ending in attracts. Furthermore, it delivered the primary decisive lead to a World Chess Championship recreation in over 5 years.

Enjoying Type

In his youth, Carlsen was identified for his aggressive enjoying model. As he grew, nonetheless, he started to mood this dangerous model, and adopted a extra common method. His masterful positional model has been in comparison with that of former world champions similar to Vasily Smyslov and Anatoly Karpov. Moreover, a lot of Carlsen’s success has been chalked as much as his composure, wonderful bodily form, and superior endgame proficiency.

Enterprise Ventures

Because of his fame as a chess star, Carlsen has had many enterprise partnerships with fashionable manufacturers. Amongst his notable endorsements, he modeled for the Dutch designer clothes firm G-Star RAW in 2010 and 2014. Carlsen has additionally served as an envoy for Nordic Semiconductor and playing firm Unibet.

Play Magnus

As an entrepreneur, Carlsen co-founded the corporate Play Magnus AS with Anders Brandt and Espen Adgestein. The corporate’s first product was an iOS app referred to as Play Magnus, which lets customers play towards a chess engine designed utilizing a database of Carlsen’s previous recorded video games. Different apps, similar to Magnus Coach and Magnus Kingdom of Chess, had been later launched. In 2019, Carlsen based Offerspill Chess Membership in Norway; he additionally serves as its chairman.

In March 2019 Play Magnus and rival chess24.com merged to kind one of many largest on-line chess portals on this planet with a personal valuation of over $100 million.