Magnus Carlsen Net Worth 2020, Biography, Career and Relationship

Magnus Carlsen Net Worth 2020, Biography, Career, and Relationship.

Magnus Carlsen Net Worth 2020 – Interestingly, Chess Grandmaster Magnus Carlsen, was not really interested in the game of chess at the initial stage when he was being tutored by his dad.

Magnus Carlsen Net Worth 2020, Biography, Career and Relationship

His only big passion in the game was to beat his big sister and on achieving that aim, he aspired to beat his dad. Obviously, his passion for the game didn’t stop there as it became a raging fire and today, Magnus has pride of place as a chess grandmaster and the youngest in history to achieve such feat.

Net Worth

As of November 2020, The estimated net worth of Magnus Carlsen is $10 million, which was accumulated purely by his winnings and awards, his achievements where numerous being young.

Carlsen started achieving and earning since his childhood by major winnings and awards with his extraordinary skills and talent in gaming, especially chess.

In November 2013, Carlsen defeated Anand by 6.5-3.5 points to become the undisputed world champion at the age of 22. His success story is greater than any person of his age.


Magnus is of Norwegian nationality, born on the 30th of November 1990 in Tønsberg, Norway. His parents are both engineers, his dad Henrik Albert Carlsen is a competent IT consultant while his mum Sigrun Øen works as a chemical engineer.

He was brought up alongside three sisters – Signe Carlsen, Ingrid Carlsen, and Ellen Øen Carlsen.

His formal education was achieved at the Norwegian College of Elite Sports, but he developed an aptitude for intellectual challenges at a very tender age, he was able to unravel 50-piece jigsaw puzzles at age two.

By the time he was four, Magnus Carlsen was already tackling Lego sets meant for kids of 10 – 14. At the age of five, he was tutored in the game of chess by his dad who is a keen amateur chess player.

The emerging chess grandmaster developed his prowess by playing alone for long hours, searching out combinations by moving the pieces around and replaying all the games and positions he learned from his dad.

Magnus also started consulting books on chess which greatly assisted him in building-up his game plan as well as his skills. Coupled with his exceptional memory, he soon evolved into a formidable chess player in spite of his tender age.

CareerMagnus Carlsen Net Worth 2020, Biography, Career and Relationship

His career as a professional chess player started at age 8 with his debut tournament in the youngest division of the 1999 Norwegian Chess Championship where he finished with a score of 6½/11.

Between 2000 and 2002, the chess prodigy participated in over 300 rated tournaments, notable among them is the 2002 World U12 Chess Championship where he tied for the first position.

That same year, Magnus Carlsen bagged the 2nd position at the boys’ under-12 division at the Fédération Internationale des Échecs (FIDE) World Youth Chess Championship, which took place in Iráklion, Greece.

At age 13, he was at the Corus Chess Tournament where he earned the first place in the C group and a few months later, he earned the title of the grandmaster.

He bagged the Norwegian Chess Championship at age 15 and finished joint first in the top group of Corus at the age of 17. His feat of surpassing the rating of 2800 in 2009 earned him the number one place in the FIDE world rankings of 2010, distinguishing him as the youngest in history to achieve such rare feat.

Apart from active chess competitions, the chess prodigy has set up a company known as Play Magnus As. The company is charged with the responsibility of producing chess app to aid beginners in the mastery of the game. The app is also suitable for players who are experienced to sharpen their skills.