World Rapid Chess Championship 2024 Prize Money
World Rapid Chess Championship 2024 schedule and prize money is announced. The event began on 25th December 2024 and final of the competition held on 31st December, 2024 in United States. Magnus Carlsen the current champion of open category and Anastasia Bodnaruk is champion of women’s competition. Both of them were looking forward to retain the title.
| Stage | Open Prize Money |
|---|---|
| Champion | $90k |
| Runner-up | $70k |
| 3rd Place | $56k |
| 4th Place | $45k |
| 5th Place | $36k |
| 6th Place | $29k |
| 7th Place | $24k |
| 8th Place | $20k |
| 9th Place | $17k |
| 10th Place | $15k |
| 11-15 Place | $10k each |
| 16-20 Place | $7k each |
| 21-30 Place | $4.3k each |
| 31-40 Place | $2k each |
- The open’s competition winner of World Rapid Chess Championship will earn guaranteed purse $90k from the total prize money. Last year in 2023, winner receive share $60k and this year 3% increase in the prize fund of winner.
- Runner-up in the World Rapid Chess Championship 2024 will earn share of $70k the previous competition offer prize money of $50k for the runner-up there is a slight increase of 2% in prize money.
- There will be guaranteed share of $56k among the third place and $45k paid to the fourth place player in the competition.
- The prize money distributed from 1st place to 40th place, the lowest player can receive in Chess Championship is $2k.
| Standings | Women’s Prize Fund |
|---|---|
| Champion | $60k |
| Runner-up | $40k |
| 3rd Place | $28k |
| 4th Place | $22k |
| 5th Place | $18k |
| 6th Place | $15k |
| 7th Place | $12k |
| 8th Place | $9k |
| 9th Place | $6.5k |
| 10th Place | $4k |
| 11th – 15th Place | $1.8k |
| 16th – 20th Place | $1k |
- The winner of Rapid Women’s chess championship in 2024, will earn her share of $60k which is 2% increase from previous competition. In previous competition winner received share of $40k as a winner.
- The runner-up in World Rapid Chess Championship, women’s category will get her share of $40k in year 2024.
- World Rapid Chess Championship prize fund distributed from 1st place to 20th Place in the women’s competition.
Further if there are any changes made to the current World Rapid Chess Championship 2024 prize money details provided here later. World Rapid Chess Championship take place on same date with World Blitz Chess Championship 2024.