Chess World Cup: Here's total prize money Praggnanandhaa will earn after 2nd place finish

After playing stalemates in the classical round, the FIDE Chess World Cup 2023 final between R Praggnandhaa and Magnus Carlsen has moved to the tiebreaks. In a few hours, a new FIDE World Cup winner will emerge, and the entire nation's hopes are riding on Pragg. While Pragg has the support of millions, but other than the love and endearing from countrymen and countrywomen, he is destined to get a whopping prize money, irrespective of whether he beats Magnus Carlsen in the final or not.

3 things you need to know

• India's R Praggnanandhaa will play against Magnus Carlsen in the FIDE World Cup final
• Pragg defeated Hikaru Nakamura and Fabiano Caruana in the tournament
• The winner will receive huge prize money

Also Read | Praggnanandhaa Vs Magnus Carlsen LIVE Streaming: How To Watch Chess WC Final Tiebreakers?

How much money the winner of FIDE Chess World Cup will receive?

As the FIDE Chess World Cup is an eminent tournament, the winner and runner-up, who make it into the final after leapfrogging several hurdles, do not go empty-handed. Aside from the trophy that the winner receives, he also gets a huge monetary sum. How much?

Reportedly, Magnus Carlsen will win Rs 90,93,551 ($110k). There is a certain deviation between the prize money that the finalist will get and the money that the runner-up will receive, but not much. R. Praggnanandhaa will receive Rs 66,13,444 ($80). The tournament has a total prize pool of approximately Rs 1,51,392,240.

Also Read | Praggnanandhaa Vs Magnus Carlsen, Chess World Cup Final LIVE Updates

Comparing FIDE prize money with that of Cricket World Cup and FIFA WC

If we compare this prize money to that of the ICC ODI World Cup winner ($4 million) or a team that has won the FIFA World Cup ($38 million), then a huge difference will be found. However, compared to several members who are involved in a team game, there is only one individual here, and he takes the entire money home. So, is it less or more?

Aside from the money factor it is the battle for pride. Winning the FIDE Chess World Cup is a huge feat and while money is a huge motivator here and in life overall, it is a proven assertion that winning the title for the country supersedes every other thing. Thus, when the clock strikes 4:30 PM, today, all the Chess enthusiasts and the sports fanatics in the country will turn to their devices to find out who will prevail in the colossal Praggnanandhaa Vs Magnus Carlsen encounter.