How Much Prize Money Will The Winner of The World Chess Championship 2021 Receive?
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LONDON, ENGLAND – NOVEMBER 28: Norwegian Magnus Carlsen is presented with the trophy after beating his opponent, American Fabiano Caruana, to regain his World Chess Championship title on November 28, 2018 in London, England. (Photo by Dan Kitwood/Getty Images)
The exceptional chess players, Norway’s Magnus Carlsen and Russia’s Ian Nepomniachtchi, have been up against each other at the World Chess Championship 2021. Notably, the battle for the title started on the 28th of November and will conclude on the 16th of December.
Interestingly, Magnus has already clinched the title of the ultimate chess player three times. Moreover, whoever triumphs at the championship in Dubai, will win a hefty amount as the prize money.
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The insane prize money for the chess champion
While Magnus and Ian continue to give each other tough competition, here are the details of the prize money. The prize money for the 2021 championship is estimated to be at €2 million, around $2 million in USD. Notably, the matches are currently taking place at the Dubai Exhibition Center.
via Imago
In this photo taken Monday April 29, 2013 Norwegian chess champion Magnus Carlsen smiles during a press conference in Oslo. Carlsen has brought an injection of cool to the normally sedate world of global chess. And the 22-year-olds home country is buzzing with excitement as he competes in a tournament here months before he tries to crack the greatest prize in the game: the chess World Championship. (AP Photo/Erlend Aas, Scanpix, File) NORWAY OUT
However, the winner doesn’t take home all the prize money. While the champion will take 60% of the amount, 40% goes to the runner-up. Notably, the two chess geniuses have already competed in four out of the fourteen-game series.
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When is the next game?
The World Chess Championship 2021 has been going intensely, with both the players making each move cautiously. After four matches, the championship stands at a draw. The challenger, Ian, has proved to be a tough competitor for the reigning champion, Magnus Carlsen.
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LONDON, ENGLAND – NOVEMBER 28: Magnus Carlsen attends the Tie-break games of the World Chess Championship 2018 won by Norwegian title holder, Magnus Carlsen on November 28, 2018 in London, England. Kaspersky Lab is the Official Cybersecurity Partner of FIDE and the World Chess Championship -united by the values of intelligence, strategy and sophistication, and a combination of human expertise and advanced computer technologies, which is at the core of Kaspersky Lab business philosophy. (Photo by Nicky J Sims/Getty Images for Kaspersky Lab)
Now, the two will face each other in Game 5 of the championship on the 1st of December. The match will begin at 16:30 Dubai time, and at 7:30 am in the USA. Who do you think is going to take the lead in the fifth face off?
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What Ian Nepomniachtchi Told Magnus Carlsen After Their Chess World Championship Game Will Shock You
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