Magnus Carlsen's net worth over time
Net wealth on the official Norwegian tax lists for each income year, as printed by Finansavisen. Figures are in Norwegian kroner, at tax values.
Where the money comes from
| Net wealth, 2025 tax list | NOK 77.0 million, down from NOK 109.3 million in 2024 (Finansavisen) Finansavisen |
| Taxable income, 2025 | About NOK 26.8 million, down from NOK 35.6 million in 2024 Finansavisen |
| Method note | We use the official tax-list figure, not Kapital magazine's higher estimate Finansavisen |
Magnus Carlsen is a Norwegian chess grandmaster and five-time world champion, widely regarded as the strongest player of his generation. He became a grandmaster at 13, took the world title from Viswanathan Anand in 2013, defended it four times, and later focused on rapid, blitz and freestyle events while remaining the world number one on the classical rating list for years.
Norway's official tax list for the 2025 income year records his net wealth at NOK 77.0 million, about $8.3 million at the November 5, 2026 exchange rate. Finansavisen printed the figure on November 3, 2026, down from NOK 109.3 million on the 2024 list. We use the official tax figure rather than higher magazine estimates.
What the tax list shows
Finansavisen's table shows Carlsen's net wealth at NOK 102.4 million for 2022, NOK 101.4 million for 2023 and NOK 109.3 million for 2024. The paper noted that his income swings a lot: most years it has been just under NOK 1 million, but he reported NOK 31 million in 2020, NOK 18 million in 2021 and NOK 35.6 million in 2024.
His wealth, by contrast, has climbed steadily. Business interests such as his chess app companies are often held through companies, so the personal tax figure only partly reflects them.
Career at a glance
Carlsen grew up in Bærum, outside Oslo, and was a famous prodigy, earning grandmaster status in 2004. He won the world title from Viswanathan Anand in 2013 and defended it against Anand, Sergey Karjakin, Fabiano Caruana and Ian Nepomniachtchi before choosing not to defend it again in 2023.
He set the record for the longest unbeaten run at elite level, 125 classical games, and his peak rating of 2882 is the highest ever recorded. He has since focused on rapid, blitz and freestyle chess, and he married Ella Victoria Malone in January 2025.
About this figure
Norway publishes every taxpayer's income, net wealth and tax paid each year, and newspapers comb the lists for famous names. Finansavisen printed Carlsen's figures for the 2022, 2023 and 2024 income years on September 30, 2025. Net wealth on the list is the figure the Tax Administration assessed from his tax return, assets minus debts.
Tax values are lower than market values, especially for homes and shares, so the figure understates what Carlsen would be worth if everything were sold. We show it in Norwegian kroner, as published, with a rough US dollar conversion at the October 30, 2026 exchange rate. Income figures mentioned on this page are earnings for one year, not wealth.
Career and money timeline
- 2004
Becomes a grandmaster at 13.
- 2010
Reaches No. 1 in the FIDE world rankings at 19, the youngest ever.
- 2013
Wins the world championship from Viswanathan Anand in Chennai.
- 2014
Reaches a peak rating of 2882, the highest in history.
- 2023
Gives up the classical world title after five reigns.
- 2025
Finansavisen prints his 2024 tax list figures: NOK 109.3 million in net wealth.
Magnus Carlsen net worth FAQ
What is Magnus Carlsen's net worth?
Norway's official tax list for the 2025 income year records net wealth of NOK 77.0 million for Magnus Carlsen, as printed by Finansavisen on November 3, 2026. That is about $8.3 million at the November 5, 2026 exchange rate. The figure is down from NOK 109.3 million on the 2024 list. We use the tax figure, not the higher Kapital magazine estimate.
Where do these numbers come from?
From Norway's public tax lists. Finansavisen printed Carlsen's 2024 and 2025 figures on November 3, 2026 (net wealth NOK 109.3 million then NOK 77.0 million; income NOK 35.6 million then NOK 26.8 million). Every figure on this page links to its source below.
How much does Magnus Carlsen earn?
He reported taxable income of NOK 35.6 million for 2024 and paid NOK 14.6 million in tax, according to Finansavisen. That is income for one year, not wealth, and it was his highest ever.
Why do other outlets give a bigger number?
Rich lists that value his businesses at market prices can arrive at larger totals, and they do not always agree with each other. We use the official tax figure because it is published, dated and the same for everyone, even though it understates market value.
Sources
- Finansavisen, Pengekrakk for idrettstopper (Norwegian tax lists, income years 2024-2025: net wealth, income and tax) (November 3, 2026)
- Finansavisen, Knallår for idrettstoppene (Norwegian tax lists, income years 2022-2024: net wealth, income and tax) (September 30, 2025)
- Background facts: Wikipedia, Magnus Carlsen (accessed November 6, 2026). Used for career facts only, never for money figures.
Photo: Frans Peeters Photography, CC BY-SA 2.0, via Wikimedia Commons.
Every number on this page comes from the named source next to it. Totals and percentages are simple sums of those published figures. We never fill in missing years with our own guesses. How we handle estimates.
