Rameshbabu Praggnanandhaa, the young Indian chess sensation, has gained widespread fame not only for his chess skills but also for his growing wealth. In 2024, his net worth is Rs 8.26 crore and is expected to rise significantly, thanks to his consistent performance in international tournaments, brand endorsements, and smart investments. Let’s dive into the details of Praggnanandhaa’s net worth, including his earnings from chess, brand deals, and more.
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Praggnanandhaa Net Worth in 2024
Praggnanandhaa’s estimated net worth in 2024 is approximately ₹8.26 crore. His success in chess and association with top brands has significantly boosted his earnings. Let’s look at how he makes his wealth.
Chess Winnings
Praggnanandhaa’s major income comes from his winnings in various national and international chess tournaments. In 2024, it is estimated that his earnings from chess tournaments are close to ₹2.5 crore. Some of his major achievements include his outstanding performances in the Chess World Cup and international grandmaster events, where prize money can range from ₹50 lakh to ₹1 crore per tournament.
- Chess World Cup Winnings (2023): ₹66 Lakhs approximately
Chess Career
Praggnanandhaa began his career at an exceptionally young age. Born in 2005, he first gained international recognition by becoming the world’s youngest International Master at just 10 years old. His rise was swift, and by the age of 12, he earned the title of Grandmaster, making him one of the youngest ever to achieve this. Praggnanandhaa’s keen strategic ability and calmness on the board have enabled him to compete with some of the world’s top players, setting him apart as one of the brightest young stars in chess.
One of his biggest achievements came in 2023 when he reached the final of the FIDE World Cup, becoming the youngest player to ever do so. Along the way, he defeated top-ranked players, including the legendary Magnus Carlsen, showcasing his extraordinary talent and potential. As he continues to progress, Praggnanandhaa is expected to rise even higher in the world of chess, with many experts believing he will soon be counted among the sport’s elite.
Brand Earnings
Praggnanandhaa’s increasing popularity has attracted the attention of big brands. In 2024, he has signed several endorsement deals with top companies, contributing greatly to his net worth. His brand earnings are expected to be around ₹1 crore.
Some of the brands associated with Praggnanandhaa include:
- Sports Brands: ₹1 crore
- Educational Institutes: ₹50 lakh
Cars Collection
Information about his car collection is not available.
House and Properties
Besides his main residence, Praggnanandhaa is also believed to have invested in a couple of properties in his hometown. These investments in real estate are expected to grow in value over the years, further boosting his wealth.
FAQs about Praggnanandhaa Net Worth
What is Praggnanandhaa’s net worth in 2024?
- Praggnanandhaa’s net worth in 2024 is estimated to be around ₹8.26 crore.
How much has Praggnanandhaa earned from chess?
- In 2024, Praggnanandhaa is expected to earn around ₹2.5 crore from chess tournaments.
