| Name | Rameshbabu Praggnanandhaa |
| Age | 18 years |
| Profession | Chess Player |
| Income and Salary | ₹ 41,77,500 |
| Total Net worth | ₹ 8.23 Crore |
| Last Updated | June 2024 |
Rameshbabu Praggnanandhaa net worth is approximately ₹8.23 crore. Born on 10th August 2005, Rameshbabu is a chess prodigy who has captivated the chess community with his outstanding skill and remarkable achievements. He is renowned for his dynamic and aggressive gameplay.
He possesses a skill for quickly understanding intricate chess scenarios. His journey is the story of a determined commitment, strategic excellence, and extraordinary accomplishments.
In this article, we will discuss the financial success of this chess prodigy focusing on his net worth, income, endorsements, and more.
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Net Worth of Ramesh Praggnanandhaa
Rameshbabu Praggnanandha net worth is approximately ₹8.23 crore. His primary source of income is tournament prize money, sponsorships, and endorsements. As his career went on his net worth also flourished throughout the years.
His net worth also has gained financial support from various companies. Play Magnus, an online chess platform, is one of his sponsors, and Ramco has recently sponsored him and his sister.
Ramesh Praggnanandha Source of Income
This 18-year-old prodigy has multiple income sources, including tournament prize money, sponsorships, and endorsements. He also has several investments and businesses according to reports.
He earns money through prize money from tournaments, fees for showing off, deals with brands, and company support. His wins in the 2022 Julius Baer Challenger Championship and the FIDE World Cup 2023 resulted in a lot of cash rewards.
Praggnanandhaa gets financial support from firms like Play Magnus and Ramco. Even though he doesn’t have property now, he resides in his family’s old home in Chennai. It’s anticipated that his riches will grow as his professional journey advances.
Rameshbabu Praggnanandhaa Endorsements
Rameshbabu Praggnanandhaa net worth has been also influence by the endorsements. This young Indian chess Grandmaster, has joined forces with Baseline Ventures, a firm located in California that specializes in investing in companies.
Rameshbabu even commented on joining the venture: “I am thrilled to have signed with Baseline Ventures and am looking forward to how it will benefit my career. It is imperative that every athlete today has the right representation, and having the right people around me to handle the commercial aspects would be positive for my career.“
The MD and Co-founder of the venture, Tuhin Mishra also commented on the joining of the prodigy: “Praggnanandhaa’s accomplishments as a 17-year-old are just the beginning. He is undoubtedly an exceptional talent with the potential to become a sporting sensation who can take the country by storm.“
Rameshbabu Praggnanadhaa Social Media Popularity
The 18-year-old prodigy is supported by the Adani group, and he mostly shares about his tournaments and wins on his social media. He is more active on Instagram rather than X (Twitter) and Facebook.
| 666K Followers | |
| 72.6K Followers |
Rameshbabu Praggnanandhaa House
Praggnanandhaa does not possess any personal residence or assets. He lives at his family’s ancestral home in Chennai with them. This residence has served as a sanctuary and a pillar of support, enabling him to concentrate on his chess career, free from the distractions and duties that come with owning property.
Rameshbabu Praggnanandhaa Family
Rameshbabu is the youngest chess master of his family. His father, Rameshbaby Bhuvanesh is a bank employee and his mother, Nagalakhshmi is a homemaker.
His elder sister, Vaishali Rameshbabu is also a chess player who has also made her name in the world of chess. She is also a Grand Master and is a two-time Youth Chess Champion.
Rameshbabu Praggnanandhaa Achievement
- Rating & Global Ranking: Before the 2023 FIDE World Cup, Kopromancherian ranked at No. 29 worldwide with a chess rating of 2707. Following his recent achievements, he ascended to the 20th position in the FIDE standings, achieving an ELO score of 2727.2.
- Prestigious Achievement: Praggnanandhaa continues the tradition set by Viswanathan Anand, becoming the second Indian to achieve an ELO rating of 2700. He is presently the top-ranked chess player in India.
- Arjuna Award: In December 2022, the Indian government bestowed upon him the Arjuna Award, acknowledging his remarkable accomplishments in chess. This positions him as the third-youngest individual to receive the award in the nation’s history.
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FAQs about Rameshbabu Praggnanandhaa
Ans- Rameshbabu Praggnanandhaa’s salary is ₹8.26 crore.
Ans- Rameshbabu Praggnanandhaa age is 18.
Ans- His IQ level may 160+ based on rating over 2600.
Ans- He won the Under-8 World Youth Championship in 2013 and secured the Under-10 title two years later. His journey continued, and by the age of 12 years and 10 months in 2018, he became the world’s second-youngest Grandmaster.
Ans- He became a grandmaster in the year 2018.
Ans- Rameshbabu Praggnanandhaa’s sister is Vaishali Rameshbabu.
