What is Magnus Carlsen’s net worth in 2025? The world-renowned chess champion has not only dominated the chessboard but also carved a niche in the business world.
In this article, we dive into Magnus’ wealth, salary, and the financial empire he’s building through sponsorships, Play Magnus, and more.
Keep reading to find out how he’s secured his place as one of the wealthiest figures in the chess world.
Magnus Carlsen Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Sven Magnus Øen Carlsen |
| Popular Name | Magnus Carlsen |
| Birth Date | November 30, 1990 |
| Age | 34 (as of February 28, 2025) |
| Birthplace | Tønsberg, Norway |
| Nationality | Norwegian |
| Ethnicity | Norwegian |
| Education | Norwegian College of Elite Sport |
| Marital Status | Unmarried |
| Spouse | Ella Victoria Malone (m. 2025) |
| Children | N/A |
| Dating | N/A |
| Siblings | Three sisters |
| Parents | Sigrun Øen (mother, deceased), Henrik Carlsen (father) |
| Height | 1.78 meters |
| Net Worth | $25 million |
| Source of Wealth | Chess, Business, Sponsorships |
What is the Net Worth of Magnus Carlsen in 2025?
In 2025, Magnus Carlsen’s net worth is estimated to be around $25 million.
Much of this wealth comes from his business ventures, notably Play Magnus AS, which was acquired by Chess.com in 2022. Magnus has also built a successful portfolio through tournament winnings, sponsorships, and brand ambassador roles.
Compared to other top chess players, Magnus stands out not only for his chess mastery but also for his ability to diversify his income sources.
Notably, Magnus’ financial success can be compared to figures like Viswanathan Anand, Sergey Karjakin, and Fabiano Caruana, who have earned significant sums throughout their careers but have not reached Magnus’ level of financial diversification.
- Viswanathan Anand
- Sergey Karjakin
- Fabiano Caruana
- Ian Nepomniachtchi
- Garry Kasparov
Explore more about the wealthiest figures in the entertainment world by visiting our article on celebrity finances.
Magnus Carlsen Wealth, Salary, and Financial Overview
How Much Does Magnus Carlsen Earn From Chess?
Magnus Carlsen’s earnings from chess tournaments have been substantial, especially considering his consistent top rankings.
His victory in the World Chess Championship has resulted in large prize pots, but it’s his ability to stay at the top that has truly fueled his income. Magnus’ annual tournament earnings from major events like the Tata Steel Chess Tournament, the Grenke Chess Classic, and others have kept him at the forefront of chess salaries.
In addition to tournament prize money, Magnus benefits from winning titles in rapid and blitz formats, further boosting his financial portfolio. Though prize money figures fluctuate based on tournament placements, it’s clear that Magnus Carlsen remains one of the highest-paid chess players globally.
How Does Magnus Carlsen’s Business Venture, Play Magnus, Contribute to His Wealth?
Play Magnus AS is a critical component of Magnus Carlsen’s financial growth.
This company, which Magnus co-founded, started with an innovative iOS app that allowed users to play against a chess engine modeled on Magnus’ past games. Over time, the company expanded its offerings to include other chess-related products and services.
The merger with chess24.com in 2019 and its eventual acquisition by Chess.com in 2022 significantly increased Magnus’ financial stake in the company.
Magnus holds 85% of his holding company, Magnuschess, which in turn owns 9.4% of Play Magnus AS. The success of Play Magnus, both as a business and a global chess platform, provides Magnus with steady income, not just from tournament prizes but from his business acumen.
His Sponsorship Deals and Endorsements
Magnus Carlsen has strategically built a sponsorship portfolio that includes high-profile companies like G-Star RAW and Unibet. As a brand ambassador for Nordic Semiconductor, Magnus has solidified his status as a celebrity in the business world. These endorsement deals contribute significantly to his income, complementing his earnings from chess and business ventures.
Sponsorships are a key component of Magnus’ financial strategy. His partnership with Chess.com as a brand ambassador after its acquisition of Play Magnus AS adds a lucrative stream to his ongoing financial success.
His Salary and Other Sources of Income
In addition to tournament winnings and sponsorships, Magnus Carlsen’s salary includes income from various chess events and public appearances. His role as an ambassador for companies and his media presence, including partnerships with brands, contribute to his financial success.
Magnus has also ventured into other projects, such as founding the Offerspill Chess Club in Norway, where he serves as the chairman. This club, along with his other initiatives, ensures that Magnus Carlsen continues to earn significant sums, expanding his income sources beyond just playing chess.
How Did Magnus Build His Financial Portfolio Beyond Chess?
He has shown an exceptional ability to build his wealth beyond chess. The creation of Magnuschess, his personal investment company, reflects his strategic approach to wealth management. Magnus has invested in ventures like Play Magnus AS, where his stake has grown significantly as the company expanded its reach. The acquisition by Chess.com has boosted the value of Magnus’ investments and added to his already substantial net worth.
Furthermore, Magnus’ strategic mindset on and off the chessboard has allowed him to maximize his earnings from multiple streams, including his digital chess ventures and other business partnerships.
What Are the Future Financial Prospects for Magnus Carlsen?
His future in the financial world looks bright. Although he has stepped away from defending his World Chess Championship title in 2023, Magnus’ ongoing role as a Chess.com ambassador will continue to provide him with a steady stream of income. Furthermore, his investment in Play Magnus positions him well for long-term wealth, even as his focus may shift away from competitive play.
As Magnus explores more business ventures, his financial success will likely continue to grow, supported by his reputation and brand endorsements.
His Wealth Growth Over the Years
Magnus Carlsen’s wealth has seen steady growth, from his early days as a chess prodigy to becoming the World Chess Champion in 2013. His ability to maintain a high ranking and win major tournaments, coupled with his business ventures, has allowed him to accumulate significant wealth.
Magnus has demonstrated that he is more than just a chess player — he’s a savvy businessman with a keen eye for financial opportunities.
Conclusion
Magnus Carlsen’s wealth is a testament to his strategic mind, both on and off the chessboard.
If you’re curious about the finances of other celebrities, feel free to explore more articles on AndoMoney. Don’t forget to leave your thoughts in the comments or share this article with others who might be interested in learning more about the wealth of famous figures like Magnus Carlsen!
