Praggnanandhaa Net Worth 2025, Career, Awards & Chess Achievements

Rameshbabu Praggnanandhaa has become a household name in India after consistently shining on the global chess stage. From defeating Magnus Carlsen to reaching the finals of the FIDE World Cup 2023, his journey has been nothing short of inspiring. Fans not only admire his brilliance on the chessboard but also wonder about his financial success. So, how much is praggnanandhaa net worth and what are his income sources? This article gives you a complete, simple-to-read breakdown.

Early Life and Chess Journey

Praggnanandhaa was born on 10 August 2005 in Chennai, Tamil Nadu. His parents noticed his sharp memory and concentration levels early, and chess soon became his passion. Guided by his family, he entered competitive chess as a child prodigy.

At the age of 10 years and 10 months, he became the youngest International Master in history at that time. Just two years later, in 2018, he created history again by becoming the second youngest Grandmaster in the world at the age of 12 years and 10 months.

Unlike many sports, chess demands immense discipline and countless hours of practice. Praggnanandhaa spent up to 6–8 hours daily sharpening his game, often practicing with his sister Vaishali, who is also a strong International Master. His dedication laid the foundation for his success.

Praggnanandhaa Net Worth in Rupees

As of 2025, the estimated praggnanandhaa net worth is around ₹8 crore (approximately $1 million). This figure reflects his prize money earnings, sponsorship deals, appearance fees, and other professional income. While this may seem modest compared to athletes in cricket or football, it is an impressive achievement for a young chess player in India, where the sport traditionally receives less commercial attention.

Yearly Growth of Net Worth

Praggnanandhaa’s net worth has been steadily increasing in the past few years:

This steady rise shows how his consistent performance in major tournaments has gradually increased his financial standing.

Comparison with Other Indian Chess Players

When compared with his peers, Praggnanandhaa’s net worth places him among the top-earning young chess players in India. His close contemporary D Gukesh reportedly has a slightly higher net worth due to more sponsorship deals, but Praggnanandhaa is quickly catching up.

Praggnanandhaa Career Highlights

Over the years, Praggnanandhaa has achieved several milestones:

• Defeated Magnus Carlsen multiple times in rapid and online events, proving his ability to challenge the very best.

• Runner-up in the FIDE World Cup 2023, securing his place in the Candidates Tournament 2024.

• Gold medal wins in age-group championships, including Under-8 and Under-10 World Youth Chess titles.

• Represented India at international events such as the Chess Olympiad, where his contributions helped India earn recognition on the global stage.
  

These achievements not only brought him fame but also added to his income through prize money and sponsorships.

Awards and Recognition

Rameshbabu Praggnanandhaa has earned widespread recognition for his achievements in chess:

• Arjuna Award (2022) – One of India’s top sports honors for outstanding performance.

• Cash Awards from Tamil Nadu Government – ₹30 lakh for finishing runner-up at the FIDE World Cup 2023, plus ₹20 lakh alongside his sister Vaishali for their contributions to chess.

• Recognition by All India Chess Federation (AICF) – Celebrated for his consistent performances and major victories.

• FIDE Ranking – Maintains a top position globally, currently rated 2779, India’s highest-ranked player.
  

These awards highlight his talent and contribution to Indian chess, inspiring young players nationwide.

Praggnanandhaa Personal Life

Despite his success, Praggnanandhaa remains humble and grounded. His father, Rameshbabu, works at a bank, while his mother, Nagalakshmi, is a homemaker who often travels with him to tournaments.

His sister, R Vaishali, is also a decorated chess player and the two often practice together, making them a rare brother-sister duo in world chess.

He is still a student and manages his education alongside his demanding chess schedule. Praggnanandhaa is also known for his polite and soft-spoken nature, which has earned him respect both on and off the board.

Wrapping Up

Rameshbabu Praggnanandhaa is not just a chess prodigy but a source of inspiration for millions of young Indians. With an estimated praggnanandhaa net worth of about ₹8 crore, he has achieved financial stability while staying focused on his dream of becoming a world champion. His journey proves that dedication and hard work can take you to global heights, no matter where you start.

Frequently Asked Questions (FAQs)

Q1. What is Praggnanandhaa net worth?

His estimated net worth is around ₹8 crore in 2025.

2. Who is Praggnanandhaa’s sister?

His sister is R Vaishali, also a strong chess player and International Master.

Q3. How does Praggnanandhaa earn money?

He earns through prize money, sponsorships, and appearance fees.

Q4. What was his biggest career achievement so far?

Finishing as the runner-up in the FIDE World Cup 2023 and qualifying for the Candidates Tournament 2024.

Q5. Does Praggnanandhaa live in Chennai?

Yes, he lives in Chennai, Tamil Nadu, with his family.