From a small board consisting of sixty-four squares, the sport of chess has remodeled from a logo of genius and contemplation into a world system pushed by awards, sponsorships and digital platforms, in a singular mixture that mixes strategic intelligence and the spirit of contemporary economics.
Carlsen’s return
– After an absence of two years, Norwegian Magnus Carlsen, ranked first on the planet, introduced his return to the scene by means of a brand new world championship that mixes the three kinds: basic, quick, and lightning (blitz).With the help of the Worldwide Federation of the Recreation, in preparation for the official implementation of the brand new system in 2027.
Progressive system
The brand new system, which mixes numerous taking part in kinds, goals to crown a single, extra complete champion, in a imaginative and prescient that Carlsen considers the way forward for the sport, whereas the Worldwide Federation described it as a step that restores the stability between mental depth and aggressive pace.
New heroes
In 2024, Indian “Jokesh Domaraju” entered historical past because the youngest world chess champion on the age of 18, surpassing the document held by “Gary Kasparov,” who gained the title in 1985 on the age of twenty-two.
Large prizes
The 12 months 2024 witnessed an unprecedented monetary soar within the recreation, as its prizes exceeded a million {dollars} for plenty of gamers, and “Jokis” topped the listing with a complete revenue of $1.5 million, forward of “Lerin” and “Carlsen,” which displays the growth of the monetary marketplace for chess globally.
Highest paid gamers in 2024:
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Participant
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Earnings
($1 million)
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Variety of main tournaments he participated in
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Gokish Dumaraju
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1.58
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8
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Ding Liren
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1.18
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5
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Ali Reza Feroza
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0.639
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18
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Magnus Carlsen
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0.633
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11
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Fabiano Caruana
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0.456
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14
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Jan Niebomanyashchi
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0.449
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14
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Maxime Vachier-Lagrave
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0.254
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14
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Hikaru Nakamura
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0.241
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7
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Pragnananda Rameshbabu
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0.202
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11
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Wesley Sue
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0.192
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11
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Feminist rise
The Chinese language “Gu Wenjun” achieved a historic achievement after her revenue exceeded the $100,000 barrier in 2024, changing into the primary participant on the planet to achieve this stage, in gentle of the Worldwide Federation’s intention to lift the prizes for girls’s tournaments and improve the variety of individuals in main tournaments.
Fixed financial system
Chess has remodeled into an built-in digital financial system that features business sponsorship and interactive broadcasting, with stars equivalent to Hikaru Nakamura and Carlsen making enormous earnings from broadcasting their matches over the Web, making the sport a part of the trendy sports activities content material business.
The best-grossing chess gamers in historical past
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Participant
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Earnings
($1 million)
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Magnus Carlsen
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10.77
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Vishvanathan Anand
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9.48
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Jari Kasbarov
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7.97
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Anatoly Karpov
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5.98
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Vladimir Kramnik
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4.77
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Jan Niebomanyashchi
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4.12
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Fabiano Caruana
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3.63
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Ding Liren
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3.52
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New period
Chess is coming into a brand new digital part that depends on synthetic intelligence and statistical evaluation to coach gamers and formulate plans, which has made expertise and e-sports corporations race to put money into instructional purposes and specialised digital platforms.
Corporations compete
Corporations are competing with one another to show the intelligence of their fashions by means of chess, because the “O3” mannequin from “OpenAI” outperformed its counterpart “Grok 4” from “Elon Musk” in successful the Synthetic Intelligence Chess Championship, which was held between August 5 and seven this 12 months with the participation of fashions from “Anthropic,” “Google,” and “Deep Sec.”
Assume and cash
In the long run, chess continues to develop its boundaries between thought and funding, in a scene that proves that genius can generate earnings, and that the sport that began from the palaces of kings has right this moment turn out to be a world area par excellence.
Sources: Yahoo Finance – Chase.com – AFP – The Chase World – The Guardian