Magnus Carlsen Net Worth: Charity, Houses & Earnings

The world chess champion Magnus Carlsen has an estimated net worth of $8 million. 

The genius was born on 30th November 1990 in Tonsberg, Norway. Even as a child, he was very fond of puzzles and similar indoor games.

Now, diving into his chess career, it all started with the motivation and guidance of his father when he was just 5.

Further, just after completing primary school, Magnus began participating in international events.

Surprisingly, at a very young age of 13, he already defeated many seniors.

To sum up, Carlsen is truly a genius with an IQ of over 190 who has won several championships and is currently the world champion.

However, his career is limited to being a chess champion and an actor, and a writer.

Magnus Carlsen
Magnus Carlsen, World-Class Chess Player

Are you looking for information on Magnus Carlsen‘s net worth?  If yes, you have come to the right place.

Because, in this article, all the areas like net worth, endorsements, income sources, book publications, and many more will be covered.

Firstly, let us look at the quick facts below. 

Quick Facts

Full NameSven Magnus Oen Carlsen
Nick NameMagnus Carlsen, The Flying Dutchman
Date Of Birth30 November 1990
Birth PlaceTonsberg, Norway
Age31 years old
Sexual OrientationStraight
Height1.7 m/5’7″
Weight68 kg/149 lb
Hair ColorLight Brown
Eye ColorBrown
Skin ColorFair
Marital StatusUnmarried
GirlfriendElisabet Lorentzen Djønne
Father’s NameHenrik Albert Carlsen
Mother’s NameSigrun Øen
SiblingsThree sisters: Ellen Øen Carlsen, Ingrid Carlsen, and Signe Carlsen
High SchoolN/A
High School RecordsN/A
Name of CollegeNorwegian College of Elite Sport
College RecordsN/A
ProfessionProfessional Chess Player, Actor, Model
Active from2004 – present
Current TeamN/A
Former TeamN/A
Awards and Records
  • Chess Oscars winner, 2009 – 2013
  • Sportsman of the Year, 2009
  • Peer Gynt Prize, 2011
  • World Chess Champion, 2013 & 2016
  • 2014 World Rapid Championship Winner,
  •  2014 World Blitz Championship Winner
Net Worth$8 million
Salary$1 million (Prize money), $560-$8.9 (YouTube, monthly)
EndorsementsUnibet, Simonsen Vogt Wigg, Arctic Securities, and more
FoundationOfferspill Chess Club
Social MediaTwitter, Instagram 
Merch Books, Chess Set
Last UpdateNovember, 2022

Magnus Carlsen Net Worth and Endorsement

As of 2021, with an impressive net worth of $8 million, Magnus is among the richest chess players in the world.

Certainly, a greater fraction of this figure was received as prize amounts from the tournaments.

For instance, he receives an average of $1 million for winning the tournaments.

Likewise, another contributor to his wealth is his sponsorships for various companies. Back in 2020, the champion signed a two-year deal with Unibet.

Moreover, Carlsen is also the co-founder of Play Magnus AS. This is a chess app that is compatible both with Android and IOS devices. 

Additionally, Magnus is also the founder of the video game Play Magnus – Train and Play Chess with Magnus. 

Video Game by Magnus Carlsen
Video Game by Magnus Carlsen

These games are highly rated and are very popular amongst the chess lovers. 

Previously, Carlsen also had sponsorship deals with Simonsen Vogt Wigg and Arctic Securities.

According to some sources online, he makes an estimated value of $2 million through endorsements only.

Further, the chess player also earns through his personal YouTube channel, where he has about 577k subscribers. 

In addition, he also earns through occasional acting and modeling.

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Magnus Carlsen: House and Cars

In this section, we shall discuss the luxurious six-bedroom house of our grandmaster. He has been living with his parents in Olso.

The first thing one can notice in his 40-year-old house is the combination of different styles.

For instance, the roof design is similar to those in Swiss-style. However, the thick concrete walls seem to be inspired by eastern nations.

Not to mention, the dining room connects to the reading room, which has a fireplace.

Dining room with a fireplace nearby
Dining room with a fireplace nearby

The bookshelves are filled with books about history and US presidents.

A bar is also present, decorated with his trophies, one of which is his victory in the World Chess Championship.

“It also serves as a place for post-match reflection.”

Moreover,  when asked about his favorite thing about the house, his answer was the terrace. In particular, the hammock is located at the center of the terrace.

To be more elaborate, the chess player said, 

“I come here and sit when I want to think how to beat opponents. It also serves as a place for post-match reflection. Even if I win a game, if I have made an avoidable mistake, or missed something in my calculations “

Furthermore, as you look outside the windows, you can see northern woodlands with Bogstadvannet lake on one side and the Oslofjord.

Moreover, connecting to the sea, on the other side. He also owns a flat in the city. On certain occasions, he has been diving his Lamborghini around the city.  

Magnus Carlsen: Lifestyle

Carlsen has been living a happy life with his parents.

During his free time, he enjoys playing outdoor sports like football, tennis, and basketball, or perhaps just reading one of the many books he has on the bookshelf.

He is also among the greatest fan of the Real Madrid Football Club. Similarly, Carlsen is a vegetarian who loves smoothies, fruits.

And for breakfast, he prefers Asian flavors along with brown rice for dinner.

Magnus Carlsen on vacation
Magnus on a vacation

During his tournaments, he takes time to prepare himself. However, on other days, just like us, Carlsen equally enjoys partying and vacations.

Occasionally, he can be spotted with his girlfriend in the city.

Magnus Carlsen: Charity

The world Champion has been participating in several charity works.

For instance, in a charity event on the 28th of October 2020, he played a game against Santiago Solari, a former Real Madrid player.

The money generated from the event was given as a donation for social inclusion projects of the Real Madrid Foundation.

Similarly, Carlsen also participated in another event hosted by Chess in School and Communities.

Magnus Carlsen charity
Magnus at the charity event

Furthermore, the organization has been supporting and improving children’s educational outcomes via chess.

Another example of his generosity was seen in the pandemic when he generated almost $970 within 24 hours through Offerspill Chess Club (One of his foundations).

Like so, Magnus donated the amount to the CDP COVID-19 Response Fund.

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Magnus Carlsen: Movies and Book Publications

As an occasional actor, the chess player has made appearances in TV commercials, documentaries, and TV series. In 2005, he first acted in the documentary “The Prince of Chess.”

After that, his appearance in TV series became more and more often starting from “Golden Goal (2009)” to “Dagsrevyen (2017-2020).”

Likewise, Carlsen has also been a voice actor in The Simpsons: The Cad and the Hat (2017). Finally, Magnus is another documentary movie played by himself, reflecting his life.

Magnus Carlsen at the Simpsons Show
Magnus Carlsen at the Simpsons Show

The World Champion, Carlsen, to date, has not written any books.

However, some good books regarding his career, like The Grandmaster: Magnus Carlsen and the Match That Made Chess Great Again Hardcover by Brin-Jonathan Butler, and Magnus Carlsen: 60 Memorable Games by Andrew Soltis. 

Magnus Carlsen: Career

In his early childhood, Magnus was guided to play chess by his father. In his early days, Magnus played games with his father and sisters.

During his teens, he was guided by the champions, Ringdal Hansen, and Simen Agdestein.

Later in 2000, he won against some of the toughest seniors in the Junior Norwegian Championship.

Later, in 2003, he won the World Under-12 Championship. Four years later, he won the Norwegian Chess Championship.

After that, in 2013, Carlsen became known as the World Chess Champion. He has maintained the title ever since.

In addition, he has even won the World Rapid Championship as well as the World Blitz Championship.

As of 2021, Magnus is among the richest chess players and is offered average prize money of $1 million per tournament.

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3 Facts About Magnus Carlsen

  • Carlsen is currently in a relationship with Elisabet Lorentzen Djønne.
  • Likewise, the chess player is a fan of Real Madrid CF, a football club.
  • Magnus has an IQ of over 190.


  • “Some people think that if their opponent plays a beautiful game, it’s okay to lose. I don’t. You have to be merciless.”
  • “If you want to get to the top, there’s always the risk that it will isolate you from other people.”
  • “Once you’re a chess player, you spend a lot of time thinking about the game and you can’t get it completely out of your head.”


Did Magnus Carlsen achieve the title of Grandmaster? 

To those who have no idea what a Grandmaster is, let us help you with it. Basically, Grandmaster is the highest title earned by a chess player.

Moreover, these are highly prestigious awards given to players by the organization of FIDE.

Magnus Carlsen was awarded as grandmaster at the age of 13. His records were absolutely stunning and jaw-dropping.

Currently, his records are as follows, 1227 wins, 1253 draws, and 438 defeats. His classical grade of 2882 is also the highest ever recorded. Magnus is now ranked at the top of the list with an Elo rating.

What are Magnus Carlsen’s scores against the wealthiest chess player in the world? 

The wealthiest chess player is Hikaru Nakamura, an American chess player.  He and Magnus Carlsen has had numerous matches till now. 

To date, in total, they have had 32 chess matches. Out of which, Carlsen has 12 1ins, 19 draws, and 1 loss against Nakamura. 

Who is the first teenager to beat World Champion Magnus Carlsen? 

In a classical chess game, it is a difficult task to compete against Magnus Carlsen. However, on 24th January 2021, the champion was beaten up by Andrey Esipenko, the first teenager who beat him. 

Esipenko comes all the way from Russia and has also attained the title of Grandmaster.

His achievements are the European U10 Chess Championship ( 2012 ) winner and the U16 World Championship in 2017. 

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