Magnus Carlsen's Chess Empire Nets $25M
Magnus Carlsen, the 17-time World Chess Champion, has amassed a significant fortune through his dominance in the game and various business ventures. In 2022 alone, he earned $8 million from modeling contracts and his chess app.
Carlsen's wealth has grown steadily since becoming World Champion in 2013. He has earned over 10 million euros in prize money alone during this period. His company, 'Play Magnus', is set to merge with 'Chess.com', further diversifying his income and increasing his net worth to an estimated $25 million.
Carlsen's entrepreneurial spirit extends to investing in innovative projects like chess apps. These ventures not only generate additional income but also boost his popularity. The sale of 'Play Magnus' to 'Chess.com' is expected to complete in about six to eight weeks, pending shareholder approval.
Magnus Carlsen's reign at the top of the chess world continues to translate into significant financial success. With a net worth of $25 million and a diverse range of income streams, he is poised to maintain his dominance in both chess and the financial landscape by 2025.