India's 18-year-old Grandmaster R Praggnanandhaa, who finished runner-up at Chess World Cup 2023, won a prize money of $80,000 (over ₹66 lakh). He also qualified for FIDE Candidates Tournament 2024. Magnus Carlsen won a prize money of $110,000 (more than ₹90 lakh) for winning the tournament. Carlsen won Chess World Cup for the first time ever.