World’s Number One Grand Master Magnus Carlsen Has a Net Worth Way More Than Simone Biles- Here’s How

Published 06/05/2022, 1:18 PM EDT

If you still believe chess is just a board game and the Grand Masters don’t have a lot of money, you probably are living two decades in the past. It’s 2022 and the top 10 Grand Masters are already millionaires. That means the world number one, Magnus Carlsen, also has a lot of money. In fact, the Norwegian chess prodigy is even richer than the gymnastics legend, Simone Biles.

Magnus Carlsen is once in a generation kind of player. He began playing when chess was far away from computers and super engines and he is still ruling the game when machines have taken over. It’s like he is the bridge between modern chess and the chess that was played 20 years ago. Furthermore, he is not just great in one particular format; he is the best in all of them.

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Magnus Carlsen Net Worth 2022

Well, if you do the comparison, Magnus Carlsen could be seen as David Beckham of chess. His earnings from tournaments and matches are pretty amazing, and the world chess champion also has some hefty sponsorship deals. As of 2022, world chess champion, Magnus Carlsen’s net worth is estimated to be $50 million.

Talking about his sponsorship deals, Magnus has a couple of million-dollar deals with sports giants like Puma and Unibet. Furthermore, World No. 1 even owns the Play Magnus app, and the majority shares of Chess24.com.

Magnus Carlsen vs Hikaru Nakamura Net Worth 2022: Who’s Wealthier?

A few years ago, who would have thought a chess Grand Master can earn so much money? However, Magnus not only made it possible but is also living his dream life at the moment.

Simone Biles Net Worth 2022

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Simone Biles already has the title of a legend in gymnastics. However, in comparison to chess legend Magnus Carlsen, her net worth doesn’t do justice to her stardom. According to Celebrity Net worth, Simone Biles has a value of $16 million per year. Now, this number is significantly lower than Carlsen’s, but like the chess maestro, Simone also has some hefty sponsorship deals in her pocket.

Her long list of endorsements includes Athleta, SK-II skincare products, Visa, United Airlines, Spieth America gymnastics equipment, Uber Eats, MasterClass and Facebook Watch, Mondelez’s Oreo brand, Core Power fitness shakes, Candid teeth aligners, GK Elite gymnastics apparel.

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WATCH THIS STORY– “Wanted to Quit..”- World Number One Magnus Carlsen Hints on Retirement Ahead of World Chess Championship

Therefore, her net worth number could be expected a little higher as well. However, even then, it doesn’t match up with Magnus Carlsen.

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Written by:

Saurav Panwar is a US Sports writer at EssentiallySports. A postgraduate in Media and Communication Studies, he shares a profound love for creative direction and filmmaking. Saurav is also an avid reader and a literature devotee whose fandom spreads from classics to sci-fi, non-fiction, plays, comics, and much more.

Edited by:

Vibhanshu Kumar

World’s Number One Grand Master Magnus Carlsen Has a Net Worth Way More Than Simone Biles- Here’s How

Magnus Carlsen Net Worth 2022

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Simone Biles Net Worth 2022