How Much Does Magnus Carlsen Make In A Year? Magnus Carlsen, a renowned Norwegian chess grandmaster, earns a substantial income from his exceptional talent and achievements in the world of chess. While the exact figures may vary from year to year, it is estimated that Carlsen makes around $4 million annually. Here is a breakdown of his income: 1. When R Praggnanandhaa defeated The FIDE Chess World Cup 2023 winner, Magnus Carlsen. It was back in February 2022 when R Praggnanandha defeated Magnus Carlsen in an online rapid chess tournament. There's no denying the fact that the young player surely left everyone's heart fluttering with immense joy after defeating the world champion. Carlsen had already won the tournament after winning Game 3 of their clash. This was because even if Praggnanandhaa made a comeback in the remaining games, Carlsen would have won a point on the basis of making it to the tiebreaker. With a second-place position, Praggnanandhaa takes home $37,000 in prize money. I was disappointed to see magnus made less this year (not sure about endorsements, that seemed like too much work for a comment that amounted to me trying to be a dick head to a guy that was a dick head) but before I wanted to say "hell a chess player made more money" instead of the average Japanese player. According to various online results obtained after a lot of research, Hikaru Nakamura has a net worth of $50 million as of the end of 2022. In fact, it is quite surprising that the net worth of Hikaru Nakamura is much higher than that of the world’s best and most loved chess players like Magnus Carlsen and Garry Kasparov. To give a perspective, Magnus Carlsen, the reigning World Champion, has a net worth of around $25-$30 million, largely accumulated from his victories, endorsement deals, and entrepreneurial ventures in the chess world. Vishwanathan Anand, a former World Champion and a stalwart of the game, has an estimated worth of around $15 million. Magnus earns lucrative prize money from playing chess online and at in-person events. In 2020, the Norwegian made $510,586.52, earned $303,946.64 in 2021 and took home $270,516.30 in 2022. A player of his caliber attracts sponsorship deals from high profile companies. Magnus has partnered with brands such as G-Star RAW and Unibet. VG Interview with Magnus Carlsen. 1/3/2014 – He comes across as intelligent, level headed, humorous. And quite candid. This latest half-hour interview with the new world chess champion, by VG-TV, is in Norwegian, but it is meticulously captioned in English, and even has one-click jumps to the different sections. Magnus Carlsen was born in Norway on November 30, 1990. When he was 2, he was completing 50-piece puzzles. By 4, he was memorizing countries and population sizes across the world. The world's best chess player, Grandmaster Magnus Carlsen, swapped the chess board for the poker tables Wednesday and lost a $17,095 pot by playing the worst possible starting hand. The reigning five-time world chess champion has played poker before, notably competing at the Norwegian Championships main event in April 2022, and finishing 25th wkEUiZa.