How Much Do Professional Chess Players Get Paid Hikaru Nakamura Sergey Karjakin Fabiano Caruana Anish Giri Vladimir Kramnik Veselin Topalov Alexander Grischuk Boris Gelfand Levon Aronian and Wesley so also earn upwards of 500 000 in tournaments each year Even if you don t score a single point you can still walk away with a reasonable amount of money
By far the most obvious one The winner of the world championship typically gets 1 2 mln 1 300 000 euros for Anand in 2010 By winning a top event e g Linares one gets something like 100 000 euros Anything above 50k usually refers to a prestigious round robin Hikaru Nakamura Vishwanathan Anand Wesley So Levon Aronian Boris Gelfand Veselin Topalov Alexander Anish Giri Alexandar Grischuk Vladimir Kramnik Sergey Karjakin just to name a few Each of these chess players can earn themselves up to half a million dollars in tournament winnings every year
How Much Do Professional Chess Players Get Paid
How Much Do Professional Chess Players Get Paid
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As of 2022 the average earnings of a Grandmaster hovers around 3500 per month However this figure can see a substantial increase if the Grandmaster doubles as a coach with monthly earnings potentially rising to around 4800 In 2023 GM Magnus Carlsen became the first chess player to eclipse 10 000 000 in lifetime winnings just from major tournaments alone never mind from sponsorships or royalties or helping to run a business After winning more than 700 000 in 2023 he is the all time leader passing GM Viswanathan Anand
Alexander Alekhine arbiter Dr Carlos Augusto Querencio and Jos Ra l Capablanca during World Chess Championship in Buenos Aires 1927 Alekhine won the match 6 3 25 but Capablanca received a 2 000 appearance fee 1935 Euwe Alekhine 10 000 Euwe after one of the games from the 1935 Alekhine Euwe match Professional chess players earn a yearly income that typically ranges from 20k to 30k They achieve this by actively participating in numerous tournaments and providing coaching services charging around 25 to 50 per hour for lessons a decent source of income for many players
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It is understood that the more experienced women earn about 500 per game and 15 20 per hour According to reports a professional cheerleader i e the kind that will feature in the Super Bowl According to Hercules Chess the top 50 professional chess players in the world can earn about 100 000 annually for playing coaching and making appearances Professional players who don t rank make less and it s common for them to have other jobs related or unrelated to chess to supplement their income
Chess players also earn millions of dollars from playing for clubs They get paid between 5000 20 000 for competing in a club Elite players also get paid lots of money just for appearances and performances in events and ceremonies They also get paid for sponsorships Other ways professional chess players can earn money 1 Anatoly Karpov 50 Million 10 Vladimir Kramnik 4 Million The net worth of Vladimir Kramnik is estimated to be at least 4 million dollars Vladimir Kramnik was the world champion in 2006 and 2007 He s won 3 team gold medals in the Chess Olympiad Not to mention he s the 8th highest rated player of all time 9 Judit Polgar 4 Million
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How Much Do Professional Chess Players Get Paid - In 2023 GM Magnus Carlsen became the first chess player to eclipse 10 000 000 in lifetime winnings just from major tournaments alone never mind from sponsorships or royalties or helping to run a business After winning more than 700 000 in 2023 he is the all time leader passing GM Viswanathan Anand