What is Magnus Carlsen's Net Worth and Salary
Magnus Carlsen is a Norwegian chess player who has a net worth of $25 million. Magnus Carlsen is a Norwegian chess grandmaster and reigning five-time World Chess Champion, who also holds the record for the longest unbeaten streak at the top level of classical chess. Additionally, he has a peak rating of 2882, which stands as the highest in history. Carlsen's playing style is characterized by positional mastery and incredible endgame skill.
Play Magnus Wealth
As an entrepreneur, Carlsen co-founded the company Play Magnus AS with Anders Brandt and Espen Adgestein. The company's first product was an iOS app called Play Magnus, which lets users play against a chess engine designed using a database of Carlsen's past recorded games. Other apps, such as Magnus Trainer and Magnus Kingdom of Chess, were later released. In 2019, Carlsen founded Offerspill Chess Club in Norway; he also serves as its chairman.
Today a significant portion of his Magnus Carlsen's net worth comes thanks to his equity stake in the publicly traded company Play Magnus. In March 2019 Play Magnus merged with chess24.com to form one of the largest online chess companies in the world. The publicly traded company and is currently valued at over $100 million. Magnus owns his stake in Play Magnus through a holding company called Magnuschess. According to corporate filings, Magnus owns 85% of Magnuschess. His father owns the remaining 15%. Magnuschess owns 9.4% of Play Magnus. At various times in recent history, depending on Play Magnus' market cap, Magnus' direct equity stake has been worth $10-20 million.
Magnus Carlsen is a Norwegian chess player who has a net worth of $25 million. Magnus Carlsen is a Norwegian chess grandmaster and reigning five-time World Chess Champion, who also holds the record for the longest unbeaten streak at the top level of classical chess. Additionally, he has a peak rating of 2882, which stands as the highest in history. Carlsen's playing style is characterized by positional mastery and incredible endgame skill.
Play Magnus Wealth
As an entrepreneur, Carlsen co-founded the company Play Magnus AS with Anders Brandt and Espen Adgestein. The company's first product was an iOS app called Play Magnus, which lets users play against a chess engine designed using a database of Carlsen's past recorded games. Other apps, such as Magnus Trainer and Magnus Kingdom of Chess, were later released. In 2019, Carlsen founded Offerspill Chess Club in Norway; he also serves as its chairman.
Today a significant portion of his Magnus Carlsen's net worth comes thanks to his equity stake in the publicly traded company Play Magnus. In March 2019 Play Magnus merged with chess24.com to form one of the largest online chess companies in the world. The publicly traded company and is currently valued at over $100 million. Magnus owns his stake in Play Magnus through a holding company called Magnuschess. According to corporate filings, Magnus owns 85% of Magnuschess. His father owns the remaining 15%. Magnuschess owns 9.4% of Play Magnus. At various times in recent history, depending on Play Magnus' market cap, Magnus' direct equity stake has been worth $10-20 million.
