Friday 22 December 2023

World Rapid Chess Championship 2023 Prize Money (Revealed)

World Rapid Chess Championship 2023 Prize Money

The upcoming World Rapid Chess Championship is announced. As per reports it will take place in Uzbekistan. The event will began from 26 December and finals played on 28 December 2023. The funds for World Rapid Chess Championship 2023 is confirmed.

How Much Is World Rapid Chess Championship 2023 Prize Money?

The official details of the World Rapid Chess Championship 2023 announced there will be distribution of $350k among the players in men's competition. As per reports $150k adjusted for the women's competition. 

How Much Prize Money World Rapid Chess Championship Adjusted for 2023 Winners?

Since the details of the prize fund is out, according to which men's competition winner will earn guaranteed money of $60k and women's competition will earn guaranteed share $40k.

StandingsMen’s Prize Money
Third Place$40k
Fourth Place$30k
Fifth Place$25k
Sixth Place$22k
Seventh Place$18k
Eighth Place$14k
Ninth Place$11k
Tenth Place$8k
11 – 16th Place$5k
17th – 25th Place$3k
26th – 35th Place$1.5k

  • The official details of men's competition is out, according to which $60k paid to the winner, $50k awarded to runner-up, third place player will earn share of $40k and fourth place player will earn guaranteed prize money $30k.
  • Players from 1st position to 35th position will be awarded with prize money.
  • Lowest prize money is for players ranked between 26th place to 35th place each of them awarded with prize fund of $1.5k.
StandingsWomen’s Prize Money
3rd Place$20k
4th Place$15k
5th Place$10k
6th Place$7k
7th Place$6k
8th Place$5k
9th Place$4k
10th Place$3k
11th – 15th Place$2k

Women's competition prize fund is also confirmed, based on reported data there will be guaranteed purse of $40k awarded to winner, runner-up in the competition will received $30k. Third place player in women's competition received her share of $20k. The prize money distributed from 1st place to 15th place. Lowest prize money in women's competition is $2k. Further details regarding to World Rapid Chess Championship prize money 2023 updated if any changes made to it. The event will began with World Blitz Chess Championship on same date 2023.