Magnus Carlsen Net Worth: Career & Lifestyle

Magnus Carlsen, a Professional Chess player, model, and actor, has a total net worth of $8 million.

Further, Carlsen is also a current World Chess Champion, World Rapid Chess Champion, and World Blitz Chess Champion.

Carlsen became a Norwegian chess grandmaster in 2004 and reached the top of the FIDE world rankings in 2010.

The World Chess Champion Magnus Carlsen (Source: The Guardian)

Besides, the World Champion has a peak classical rating of 2882, which is the highest rating in Chess history.

Further, he also stays at the second position based on time spent as the highest-rated player in the world after Garry Kasparov.

Moreover, Magnus earned the title of grandmaster at the age of 13 and reached number one in the FIDE world rankings at the age of 19 (2010), becoming the youngest person ever to achieve those feats.

Further, as a teenager, Carlsen was known for his attacking style.

He uses various openings to make it more difficult for opponents to prepare against him and reduce the effect of computer analysis.

He became World Chess Champion for the first time in 2013 by defeating Viswanathan Anand.

Besides, Forbes has listed Carlsen in 30 under 30-Europe-Sports and Games 2020 and also named Time’s most influential people in the world.

Also, at a very young age of 30, he has established his name as one of the greatest chess players in history.

Quick Facts

Net Worth And Income

The World champion Chess player, model, and actor has a grand net worth of $8 million.

Chess championships winning the prize, endorsement deals, and partnerships makes a major part of his net worth.

He also adds a good fortune from chess apps MagnusChess AS started in 2007 and Play Magnus AS started in 2013 in which he has 85% and 16% share respectively.

Carlsen earns huge prize amounts by winning the championships. He earns about $1 million each year from championships.

Whereas, the earning exceeds the amount while he wins the world championships, which have a winning prize of more than a million dollars, in which he is definitely an expert.

He is four times world champion to date and has earned a prize pool exceeding $1 million by winning his latest world championship.

Besides, he was also named as the world’s highest-earning esports player of 2020 after successfully winning a prize amount of $510,587 from Chess24.

Moreover, Magnus also makes approximately $2 million yearly from endorsement and sponsorships with companies like G-Star Raw, Iskvar, VG, law firm Simonsen Vogt Wiig, and Norwegian investment bank Arctic Securities.

Furthermore, the MagnusChess AS and Play Magnus AS are estimated to have an approximate value of $20million.

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Net Worth of Magnus Carlsen in Different Currencies

Now, Let’s have a look into Magnus Carlsen’s net worth in different currencies, including the cryptocurrency BitCoin. 

Magnus Carlsen Houses

The Grandmaster lives in a stunning mansion in Holmenkollen in West Oslo, Norway.

The luxurious villa of Carlsen is surrounded by stunning views and is well decorated with six bedrooms and furniture of wood and marble.

Magnus Carlsen Home in Oslo (Source: Twitter)

Moreover, the villa is enclosed by Nordmarka (northern woodlands) on one side, Bogstadvannet lake on the next, and lake Oslofjord, which connects to the sea, on the other side.

He bought the house in 2015 at a decent price of $2 million.

Magnus Carlsen: Lifestyle and vacation

The lifestyle and Vacations

Lifestyle

Magnus Carlsen likes to live a modest life and does not share much information on his income, possessions, and private life.

However, he is more inclined towards a vegetarian diet and likes to eat well-balanced food to keep his mind sharp.

Moreover, he loves Chinese and Lebanese food also has a good taste for spicy food.

He lives with his parents in his lavish mansion in Oslo, where his favorite place of spending time is a hammock in the center of the terrace, where he thinks about how to beat his opponents.

Besides Chess, Carlsen is also an avid football fan, with Real Madrid CF as his favorite club.

Further, he also identifies himself as a social democrat.

Vacation

Magnus tours around the world to participate in chess tournaments.

He also celebrates each major winnings with a vacation trip with his family.

Carlsen and his girlfriend are also seen visiting different places together.

Magnus Carlsen: Charity

Magnus is not involved directly with any charitable organizations but gets it done through chess.

He participated in a charity event in 2020 organized by the Real Madrid Foundation.

The foundation has been involved in solidarity projects throughout the world to promote social integration through sport.

Carlsen also placed his Chessboard for auction in another charity event organized by the Real Madrid Foundation in 2020.

The proceeds went towards the socio-sporting projects for young and disabled people in Spain.

He also signed a chessboard along with Garry Kasparov for bidding in an auction organized for raising cash for cancer research in 2017.

Movies, Investment, Endorsements, and Book Publication

Movies

The world champion has been featured in three documentaries about himself to date: Le grand journal de Canal+ (TV Series documentary, 2016), Magnus (Documentary, 2016), and The Prince of Chess (Documentary, 2005).

He also voiced himself in the episode The Cad and The Hat of The Simpsons (2017) and played as himself in seven episodes of Dagsrevyen (2017 -2020).

Furthermore, he has also appeared in different tv shows like Nytt på nytt (2014), Charlie Rose (2013), 60 Minutes (2012), Storbynatt (2010), Golden Goal (2009), etc.

Additionally, He has appeared in 15 different TV series as self and guest to date.

Moreover, director J.J. Abrams also offered him a role in Star Trek Into Darkness, but he was unable to play the part because of visa issues.

Investment

In 2007, Magnus launched a chess app MagnusChess AS, where he owns 85% share.

Again in 2013 launched another app named Play Magnus AS, in which he owns a 16% share.

These apps allow players to face off against a composite AI of Carlsen at different ages.

Moreover, The app has become a huge success and makes a major portion of his income.

Chess players around the globe have downloaded the Magnus’s apps more than 3 million times.

According to Carlsen, he made an app to encourage more people to play chess.

He also launched the apps Magnus Trainer and the Magnus Kingdom of Chess in years 2016 and 2018, respectively.

Later, in March 2019, Play Magnus merged with Chess24.com.

Then, the group acquired Chessable, an interactive chess learning platform and marketplace, in September 2019.

Further, The Play Magnus AS was listed on Oslo Stock Exchange in October 2020, giving it a valuation of $85.8 million.

Endorsements and Sponsorships

Magnus has million-dollar sponsorships and modeling contracts with the Dutch fashion company G-Star Raw.

He also has a partnership deal with Iskvar bottled water.

Furthermore, Norwegian investment bank Arctic Securities, Norway’s leading law firm Simonsen Vogt Wiig and the newspaper publisher VG also sponsor Carlsen regularly.

He was also sponsored previously by Microsoft Norway.

Moreover, in 2020, Carlsen signed a two-year sponsorship deal with gambling company Unibet to act as a global ambassador.

Book Publications

More than 20 books are published about Magnus Carlsen written by different authors worldwide.

His moves, techniques, and life are featured and analyzed in these books.

The book written by Grandmaster Zenon Franco on Magnus Carlsen (Source: Amazon)

Further recently, Grandmaster Zenon Franco has published two books, Magnus Wins With White (2020) and Magnus Wins With Black (2020).

In his books, he deeply analyses 32 of Magnus Carlsen’s most instructive games move by move.

Besides, Carlsen has published Lær sjakk med Magnus [Learn Chess with Magnus] along with Valaker in 2004.

Career

Simen Agdestein and Torbjørn Ringdal Hansen who are also top chess players coached Carlsen from 2000-2002.

The Norwegian grandmaster is the first person to hold all three titles: the World Chess Championship, the World Rapid Championship, and the World Blitz Championship at the same time in 2014 and 2019.

Major Competition own

World Chess Championship( 2013, 2014, 2016, 2018)

Awards

Chess Oscar (2012, 2011, 2010, 2009) held by Russian Chess Magazine, 64

Peer Gynt Prize (2011) awarded to a person or institution that has achieved distinction in society.

Name of the year (2009, 2013) by Norwegian Tabloid, Verdens Gang

Sportsman of the Year (2013) by Norwegian Tabloid, Verdens Gang

Facts on Magnus Carlsen

• The world champion chess player started playing chess at the age of 5. The first coach for Carlsen was his father, who was an amateur chess player. Also, at a young age, his biggest motivation to play chess was his desire to defeat his elder sister.
• After completing his primary school, Carlsen took a year off to participate more in international chess tournaments in Europe.
• In 2013, he played and won a match against 10 lawers playing simultaneously in Harvard University. Even more, interestingly, he was blindfolded too!

FAQS

What is Magnus Carlsen’s IQ?

Magnus Carlsen has IQ score of 190. He has an outstanding memory allowing him to recall the area, population, flags, and capitals of all countries in the world at the age of five.

He also solved 50-piece jigsaw puzzles at the age of four.

What is the shortest game of Magnus Carlsen?

In 2019 he played the shortest game of his career, ended in a draw with just 5 moves.

He was playing in TATA steel chess India 2019 with Vidit Gujrathi. Within a minute, he offered a draw due to a terrible stomachache after 5 moves.

How does Magnus Carlsen train?

Magnus believes a fit body is the key to a sharp mind. He practices yoga 2-3 times a week and plays soccer to keep his body fit.

Besides, he keeps his mind focused by playing video games and trains memory by practicing chess blindfolded.

Categories: Net Worth
Source: ASIA EDU