National chess federations and rich patrons. Pretty sure they don't have a shoe deal with Nike.
Where does chess money come from?

Same place Monopoly money comes from, it should be there when you open the package.
If your chess set didn't come with money I'd contact the seller / make a complaint.

You can clearly understand where money in soccer or tennis or Formula 1 but for chess it looks almost like if the organisers and sponsors are giving money by charity to encourage strong players!
Two sources come to mind.
- Rex Sinquefield, just some millionaire (maybe billionaire, he wont say) chess loving philanthropist.
- Tata Steel company, who I assume sponsors their big chess event for advertisement / publicity value.
As for the world chess championship, I believe the last one or the 2nd to last one drew over a million viewers per day. So yeah, the usual advertisement stuff.

Being basically rich and being rich are different...
Just like when Trump said he's, like, a smart guy. Being a smart guy and being like a smart guy are different

But financially do they make benefit from organizing the events? Are you saying that they put their money in the tournements just for their enterteinement?

It's not necessaraly related to the tournements! we all spend money on chess but tournements have no role in that! And 300$ is not that much of money to pay the 1.5M$ won by Carlsen

..wait wait!
whydadisaman you are wrong. you are from the same flag as I am, I see. hmmm then dont forget about the jungle rules. they give leaves(see leaf) money and a banana trophy to the top players and they can give more, believe me, but the engines are theirs, the world wealth is theirs so lets not confuse the matter for show sake!
My question was, where this money come from??? does the organizer and sponsor make any benefit to pay strong players that amount of money???? for show sports like football or tennis or basketball the answer is clearly yes (ticketing, broadcasting, ads clearly visible...) but for chess the answer is not very clear.
btw shame on you for confusing your country's flag and mines!


I think most are financially comfortable, but most are not rich.

Chess.com may be free. but to play OTB is not.
Membership fees of Clubs must surely provide a large part of the revenue from which prizes are paid.
I will get round to looking at the puzzle later.

For the big money tournaments, wealthy patrons and national federations are involved. For most tournaments including club-level sections, the entry fees pay the way. When I ran USCF-rated high-school tournaments in the late '90's, four of us who coached teams in my county ran five tournaments each year for 30-60 players where I was a volunteer, unpaid, USCF Tournament Director, we gave out 3 team trophies, 3 top individual trophies and 8 class trophies each tournament and only charged $5 to play: that still left us with enough money to buy additional sets, clocks, books, etc. for our school clubs.
Today, the four of us are retired and for-profit people are running much poorer tournaments for $50 entry fees! Of course, the area has much less OTB chess competition and the State Organization is worthless in promoting it.
Where does chess money come from??? How can Carlsen make 1.5M$ for winning a world chess championship? Or many other tournements with 200k$ or more distributed to players! while the live streaming of the events is 1. free 2. followed by not a lot of people 3. it doesn't contain almost no ads or irrelevant ads (tourisme, chess clubs...) or overly repeated ads 4. The few people following the tournements would see the games in a chess database or analysed on youtube or a chess website for free (if it's an important game)
You can clearly understand where money in soccer or tennis or Formula 1 but for chess it looks almost like if the organisers and sponsors are giving money by charity to encourage strong players!
I myself follow chess tournements on live streamings or by checking chess.com or chess24.com but I have never paid a penny and without interacting with a huge amount of ads if not any!
That being said, how do organizers provide the money for the winners let alone the organisation's cost?