Danny Rensch’s Net Worth In 2024: Insights On Income Source And Earnings

Sijan

Danny Rensch, An American Chess IM, Organizes Events And Creates Chess Contents For Chess.com

From playing chess to organizing premier tournaments, the International Master (IM) Danny Rensch’s progressive career journey earned him a significant net worth. Currently, he serves as the Chief Chess Officer at Chess.com.

With nearly two decades of chess expertise and a role as an executive, it’s no wonder that Rensch secured his spot among the wealthiest chess players and has a millionaire tag.

The Arizona native is currently occupied with administrative work, from organizing events to overseeing aspects of chess content creation for Chess.com. So, he is comparatively less active in playing games but is involved as a chess commentator.

Read the full article to learn about Danny’s net worth, earnings, family, wife, children, and career achievements.

Quick Facts

Name Daniel Michael Rensch
NicknameDanny Rensch
ProfessionChess player, event organizer, commentator
GenderMale
Sexual OrientationStraight
Career Active1998- now
Social MediaInstagram, Facebook, Twitter

How Much Is Danny Rensch’s Net Worth?

As of 2024, the American chess IM and event organizer Rensch has an estimated net worth of $2 million.

It is no secret that aside from game prize money, Rensch makes a considerable income from hosting tournaments and as a commentator.

American chess IM Danny Rensch has $2 million net worth
American chess IM Danny Rensch has $2 million net worth (Source: Instagram)

Given Danny’s career as a chess player since the late 1990s and added responsibility as a chess officer in 2010, the amount of his fortune seems justifiable.

Net Worth$2 Million
Primary Income SourceChess tournaments
Supplementary Income SourceSalary as Cheif Chess Officer at Chess.com
AssetsHouse, Car

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Danny’s Net Worth In Different Currencies

Here is the conversion of Rensch’s net worth in other currencies. (Exchange rate as of February 28, 2024)

CountryNet Worth
United States of AmericaUSD 2,000,000
AustraliaAustralian Dollar 3,072,268
CanadaCanadian Dollar 2,710,910
European NationsEuro 1,848,010
JapanJapanese Yen 301,350,000
United KingdomPound Sterling 1,580,380
United Arab EmiratesUAE Dirham 7,345,750
BitcoinBTC 34.95

How Much Is Daniel Rensch’s Salary? Earnings From Chess

Rensch collected prize money from wins or podium finishes in chess tournaments like other chess players. However, the exact figure for Danny’s overall earnings is not available. A nearly two-decade dedication to chess games probably pocketed him a sum in the 6-digit figure.

According to eSportsEarnings, he made $3K from six online chess tournaments.

Rensch's major income come from his chess career- as a player and tournament organizer
Rensch’s major income come from his chess career- as a player and tournament organizer (Source: Chess.com)

In 2009, Daniel Rensch won his third IM norm at Susan Polgar’s SPICE CUP and earned the title of International Master. The same year, he launched his YouTube channel offering chess analysis, and by March 2010, he began working for Chess.com.

Currently, Danny, 38 Years, is the Chief Chess Officer (January 2018- present) at Chess.com.

According to his LinkedIn profile, when he joined the aforementioned company in 2009, he was co-director of content and professional relations. Shortly after, he got a promotion and became the Vice President.

Online sources report that an executive in Chess.com earns an average salary of $245,937 per year, so Rensch’s payroll could be in a similar range.

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Business Endeavors: Owner Of American Chess Events LLC

The 2019 Denver Open champion spread his wings into a business venture and launched his company, American Chess Events LLC, in 2009. According to ZoomInfo.com, it is an Arizona-based chess apparel & accessories retailer that also promotes/organizes events.

Under the auspices of his company, Danny, the president of ACE, organized Copper State International and Master Treks, with Abstrax, Inc. as its sponsor; the tournament had a prize money of $6.5K.

Currently, Rensch’s business ACE is seemingly inactive; its business profiles on Facebook and Twitter have no updates since 2013.

Does Danny Earn As Chess Organizer And Commentator?

Aside from organizing Chess.com’s premier event, Speed Chess Championships, Danny also helped organize the 2022 Rapid Chess Championship, with attendance of players like Magnus Carlsen (eventual winner), Vincent Keymer, Fabiano Caruana, Parham Maghsoodloo, and Alexander Grischuk.

Also, Rensch is a commentator on Chess.com’s flagship events like the PRO Chess League, POGChamps, and Bullet Chess Championship. His horizon of commentary ranges from Isle of Man International to the World Chess Championship.

Notably, he covered the live broadcast of Magnus Carlsen vs Ian Nepomniachtchi at the 2021 World Chess Championship, which amassed a record-breaking 25 million views.

While Danny never revealed his income from commentary, online sources cite that a commentator’s paycheck ranges from hundreds to thousands of dollars per appearance.

Other Possible Income Sources: Endorsements & YouTube

Being a recognized face in the chess world, Rensch’s stardom has the potential for invitational approaches for endorsements, specifically on social media. So far, he has not officiated any promotional deal.

Danny could charge hundreds of dollars per sponsored post from Twitter (@DanielRensch– 46.5K followers) and Instagram (@dannyrensch– 8.4K followers).

His eponymous YouTube channel has over 21.5K subscribers and 1.89 million views. However, his earnings from his channel are not out, which could be possibly around thousands of dollars per year.

Also, he is active on Twitch under the handle @danielrensch (over 13.9K followers) that potentially brings him a great sum through live streams and donations.

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What Is Danny Rensch’s Age? Birthday, Height, And Nationality

Daniel Michael Rensch was born on October 10, 1985, in Phoenix, Arizona, United States. As for his nationality, he is an American from a white ethnic background.

As of this writing, the chess international master is 38 Years years old. His zodiac sign is Libra.

Standing 5 feet 10 inches (1.77 m) tall and slim, Danny has brown hair and brown eyes.

Date Of BirthOctober 10, 1985
Age38 Years years old
NationalityAmerican
EthnicityWhite
ReligionChristian

Is Danny Rensch Married? Wife And Children

Danny lives in his Moskva, Arizona, house with his girlfriend-turned-wife, Shauna Rensch. The couple married in 2004, though no further details about their courtship are out.

From their blissful married life of 20 Years years, they are parents to four children: two sons, Nash (eldest) and Warner (second-born), and two daughters.

Danny Rensch with his wife, and two sons
Danny Rensch with his wife and two sons (Source: Blogspot)

During a 2010 interview, the chess international master stated that both his sons showed interest in chess. Surfing through Danny’s Instagram, it seems his daughters are into chess, too.

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What Does Rensch’s Wife Do?

Unlike many chess players who have a chess player spouse, Rensch’s wife, Shauna, is a teacher. As reported, she was a student at Arizona State University but dropped out to take time for marriage and welcome her first child.

She later resumed schooling and obtained a Bachelor’s in Education from Northern Arizona University. In 2015, Mrs. Rensch completed her master’s in elementary education from NAU.

Danny's wife, Shauna, is a teacher
Danny’s wife, Shauna, is a teacher (Source: Instagram)

In December 2022, Shauna was a guest on Amy McPhie Allebest’s podcast, Breaking Down Patriarchy, where she spoke about her mother’s struggle and navigating through present-day patriarchy.

As reported, her mother (a first-generation American of Greek parents), who died of cancer at 62, worked as a graphic designer. After Shaun’s parents divorced, her mom raised her and three younger siblings as a single mom.

In the podcast, she also talked highly of her chess player and event organizer husband, Daniel.

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Danny Rensch’s Parents Were Divorced: Any Siblings?

Rensch, who once held Arizona’s record of youngest national master at 14, was born to American parents. As reported, his dad and mom divorced when he was very young.

According to Danny’s story published in USChess.org in 2009, his parents supported his chess career. However, he didn’t open up about whether his referring phrase “parents” were his biological father and mother, who co-raised him despite their split, or if one had a new relationship.

In later years, the chess player didn’t talk much about his family. On May 14, 2023, Danny made an Instagram post on Mother’s Day wishing his late mother. According to the post, his mom died in September 2017 at 64 after complications from a “massive” stroke.

Rensch stated that he had a complex relationship with his mother and added that her absence had taught him more. Moreover, he advised his followers to cherish every moment with their families.

In his 2015 interview with Chess.com, Daniel mentioned that he has siblings on both sides of his parents but didn’t specify details.

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