Who is the richest chess player in the world? NOT Magnus Carlsen


Without a doubt, chess is the most intellectual game there is. Even though chess matches sometimes last for hours together, the audience remains enthralled until the end, keeping a close eye on every move. One of the most famous chess players is Hikaru Nakamura. Although in terms of the highest rated player, Nakamura is just behind world champion Magnus Carlsen.


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At just 15 years old, Nakamura became the youngest American to win the title of Grandmaster. In October 2015, it achieved its maximum FIDE rating of 2,816, which places it second in the world.


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According to reports, Hakamura’s net worth stands at $ 50 million. He is actually much more than Magnus Carlsen, the world champion himself. but how did it happen?

How did Hikaru Nakamura become the richest player in the world?

Nicknamed the “H” bomb, Nakamura started playing chess at age 7. He was trained by his father, who was also a chess player and FIDE master.

Despite his age, Nakamura has won several chess championships. For the same, he has been awarded insane amounts of cash prizes, which he has accumulated over the years.

Nakamura is a 5-time winner of the United States Championship; 2005, 2009, 2012, 2015 and 2019. In addition to the title, he won a hefty sum of $ 25,000 in prizes. Notably, he also wins the winner’s bonus.

Besides winning frequent competitions, Hikaru Nakamura also has his own YouTube channel. The channel called GMHikaru has a total of 1 million subscribers. In addition, it operated two other channels called GM Hikaru Clips, with 16.2,000 subscribers, and More GMHikaru, with 83.4,000 subscribers.

From its main channel alone, Nakamura’s earnings range between $ 3,000 and $ 48.7,000. An annual estimate of this would be between $ 36.6K and $ 585K.

Additionally, Nakamura is an active user of Twitch and earns millions by coaching chess online. However, $ 50million is a bit too much, as Nakamura himself revealed, it’s less than $ 45million.

Either way, it is indeed interesting to see how much Nakamura’s net worth is above that of some of the best players in the world, like Magnus Carlsen and Gary Kasparov.

Nakamura’s net worth compared to Magnus Carlsen and Gary Kasparov

Chess requires strategic movement and 100% concentration. Notably, with increasing popularity, the money involved in chess is incredible.

Legendary chess enthusiast, Magnus Carlsen’s net worth is around $ 8 million. He earns around $ 750,000 a year through tournaments and several sponsorship deals with companies like Microsoft and G-Star Raw. In addition, he developed Play Magnus AS, a mobile chess application, which generated sales of $ 13.5 million.


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Considered the GOAT, one would expect Carlsen to be the richest player in the world. However, Hikaru Nakamura tops the list, followed by Fabiano Caruana, who has a net worth of $ 13 million. Carlsen is 3rd on the list, with a net worth of $ 8 million.

Former Russian chess champion Garry Kasparov also stands out as one of the richest chess players with a net worth of $ 6 million. Even though he is retired, his successful career is the reason for his net worth. Notably, Kasparov also owns several businesses after his retirement, which further adds to this figure.


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