Magnus Carlsen Net Worth: A Look at the World Champion’s Wealth

Magnus Carlsen Net Worth
Magnus Carlsen Net Worth (Image Credit: Instagram)

Magnus Carlsen is a Norwegian Chess Grandmaster and a former World Chess Champion. He is widely considered as one of the greatest chess players of all time. But in addition to his exceptional talent in playing chess, Magnus Carlsen has also amassed a significant amount of wealth throughout his career.

Early Life and Career

Magnus Carlsen was born in Tønsberg, Norway, on November 30, 1990. He started playing chess at the age of five and was quickly recognized as a prodigious talent. At the age of eight, he participated in his first chess tournament, and in 2004, he became the youngest-ever player to qualify for the World Chess Championship.

In 2010, Carlsen became the highest-rated chess player in the world, a position he held for several years. He won his first World Chess Championship title in 2013, and he successfully defended his title in 2014, 2016, and 2018.

Magnus Carlsen’s Net Worth

Magnus Carlsen’s net worth is estimated to be around $8 million, according to Celebrity Net Worth. Most of his wealth comes from his career as a professional chess player, and he has also made money from sponsorships, endorsements, and appearances.

In 2019, Carlsen signed a lucrative endorsement deal with Unibet, a leading online gambling company. He has also worked with several other brands, including Porsche, Arctic Securities, and G-Star Raw.

Magnus Carlsen is also the founder of Play Magnus, a mobile app that allows users to play chess against a virtual Magnus Carlsen at different levels. The app has been downloaded over two million times and has helped increase Carlsen’s overall net worth.

Investments and Philanthropy

In addition to his earnings from chess and endorsements, Magnus Carlsen is also known for his investments and philanthropy. He has invested in various startups and tech companies, including the Norwegian ride-hailing service, MaaS Global, and the software company, Hive.

Carlsen is also an active philanthropist and has donated a significant portion of his wealth to charitable causes, particularly those related to education and sport. He is a goodwill ambassador for the Norwegian Refugee Council and is also a member of the “Champions for Peace” club, a group of elite athletes committed to promoting peace through sport.


Magnus Carlsen is not just a chess champion, but also a successful businessman, investor, and philanthropist. His net worth reflects his exceptional talent and hard work in the field of chess, as well as his entrepreneurial spirit and dedication to making a positive impact on society.

With the help of his endorsements, investments, and philanthropy, Carlsen will undoubtedly continue to grow his net worth while making a difference in the world.

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