How much top chess players make

stinkynuts

Super
Jan 4, 2005
7,908
2,369
113
This is only for tournament prize money. Many top players make money from Youtube, endorsements, and other sources.


Magnus Carlsen made half a million dollars last years in prize money. You have to be an elite player (top 20 in the world) to make a good living.
 

stinkynuts

Super
Jan 4, 2005
7,908
2,369
113
Both of my kids are into this. They watch videos, ask for books are worried about their ranking.
You should hire a chess coach for them, it makes a world of difference. Have them play in in-person tournaments. It's great for developing so many skills: patience, strategy, persistence, dealing with loss, etc.
 

escortsxxx

Well-known member
Jul 15, 2004
3,415
913
113
Tdot
This is only for tournament prize money. Many top players make money from Youtube, endorsements, and other sources.


Magnus Carlsen made half a million dollars last years in prize money. You have to be an elite player (top 20 in the world) to make a good living.
net says
  1. World Chess Championship:
    • The prize fund for the World Chess Championship can be significant, with millions of dollars at stake.
  2. Candidates Tournament:
    • The Candidates Tournament, a key event in determining the challenger for the World Chess Championship, also offers a substantial prize fund, often in the range of hundreds of thousands to a few million dollars.
  3. Sinquefield Cup:
    • This is one of the prestigious events in the Grand Chess Tour, and the prize fund can be in the range of hundreds of thousands of dollars.
  4. Chess Olympiad:
    • The Chess Olympiad is a team event, and while individual prizes might not be as high, the overall budget for the tournament is substantial, and winning teams receive medals and recognition.
  5. Tata Steel Chess Tournament:
    • This is an annual elite tournament, and the prize fund is typically in the hundreds of thousands of euros.
 
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