Want to know about Magnus Carlsen’s net worth? In case you didn’t know, Magnus is majorly known as the chess grandmaster. These days, he is making headlines as he won the 2023 FIDE World Cup and played against Praggnanandhaa. Magnus Carlsen, the chess grandmaster, hails from Tonsberg, Norway. When it comes to his achievements, he is considered as the former World Chess Champion, winning it five times.
Also, Magnus is the current six-time World Rapid Chess Champion. You will be surprised to know Magnus Carlsen has been holding the No.1 position in the FIDE world chess rankings since 2010. That’s more than a couple of decades.
In the initial days of his career, Magnus Carlsen gained fame for his attacking style. Later, he got himself upgraded as a universal player.
Coming back to Magnus Carlsen’s monetary earnings, he has made the most of it from his chess career. How can we forget to mention his brand collaborations? Yes, you read that right! Magnus worked as a model for many advertising campaigns.
Another income source includes his guest appearances. So, how much is it? Here is what we know about Magnus Carlsen’s net worth.
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Magnus Carlsen Net Worth: Earnings Revealed
Talking about his monetary earnings, Magnus Carlsen’s net worth is estimated to be a whopping $50 million. As mentioned earlier, Magnus Carlsen has earned the most of it by being a successful chess grandmaster. In other words, Magnus Carlsen’s net worth got highly added up from his tournament winnings.
Well, he owns the application- Play Magnus AS. You will have access to both- Android and IOS devices. While discussing Magnus Carlsen’s net worth, his brand endorsement deals play a major role.
To be more exact, the amount is reported to be somewhat nearly $2 million. That’s just the Unibet. Moreover, Carlsen signed endorsement deals with Simonsen Vogt Wigg, Arctic Securities, Mastercard, Skilling, and InstaForex.
How can we forget Magnus Trainer and the Magnus Kingdom of Chess? These applications were later launched, which helped in adding another set of lump sum amounts to his wealth.
While discussing Magnus Carlsen’s net worth, one must note that the chess grandmaster also owns Offerspill Chess Club. It is located in Norway. He also serves as the chairman of the same.
Did you know about the Play Magnus merge? Possibly, No! Well, the company merged with chess24.com. After that, it became one of the largest online chess companies in the world, helping him to add a good amount to Magnus Carlsen’s net worth. Its present value is reported to be $100 million.
It had its holding company- Magnuschess, where he owns 85%. Who owns the remaining? Well, it’s Magnus’ father. Not to forget to mention, Magnuschess owns 9.4% of Play Magnus.
As we learned above, Magnus Carlsen also worked as a model for certain brands, this earned him well. To be more particular, he posed for the Dutch designer clothing company – G-Star RAW back in 2010 and 2014.
With Magnus Carlsen’s net worth being so huge, the chess grandmaster invested largely in cars. He is very much fond of luxurious cars. Back in 2015, he got an invitation from Volkswagen to their car racing unit. From his list, Lamborghini is the one with whom he is often spotted. However, Magnus also owns a few vintage cars.
The same goes for Carlsen’s real estate properties. It was probably in 2015 when he purchased his dream house. He doesn’t just own one but multiple, and each of them is exotic enough. We shall update you with the present value of Magnus’ house soon.
Best Wishes to Magnus Carlsen for the upcoming days of his life. Make sure to follow the chess grandmaster, Magnus, on his Instagram account for more updates. What do you think about Magnus Carlsen’s net worth?
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