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The FIDE Candidates Tournament is one of the most important events in the chess world, serving as the final step in determining the challenger for the World Chess Championship. Though the primary reward for winning the Candidates Tournament is the chance to face the reigning World Champion, it also features a substantial prize pool, often around $500,000.
The Altibox Norway Chess Tournament is one of the strongest chess tournaments in the world, consistently attracting the top 10 players globally. Held annually in Stavanger, Norway, this event offers a sizable prize pool, typically around $250,000, with a significant portion going to the winner.
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Prize pools in chess tournaments are often funded through a mix of sponsorships, entry fees, ticket sales, and contributions from chess federations or private donors. The biggest tournaments attract sponsorships from large companies, which can add millions of dollars to the prize fund.
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