How Much Is Jorden van Foreest’s Net Worth? Earnings, Income Source & Prize Money

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Dutch chess grandmaster, Jorden van Foreest

The 2021 Tata Steel Masters winner Jorden van Foreest gets frequent queries on his net worth, given his impressive chess journey and noble family background. So, fans wonder how rich this young Dutch grandmaster is.

Undoubtedly, his wins in chess tournaments pocket him an impressive prize money. For instance, with his victory in the 83rd edition of Tata Steel Masters, he cashed $10,000.

Even if Jorden has only a handful of victories, he made finishes in notable ranks in numerous tournaments, which earned him a considerable sum. So, throughout his more than a decade-long chess career, one can assume how much he earned.

Foreest’s enthusiasm for chess has been a bloodline trait- his great-great-grandfather and great-great-great-uncle were Dutch Chess Champions. While his academically acclaimed parents didn’t step into the professional chess route, they remained his most incredible supporters.

Quick Facts

Name Jorden van Foreest
NicknameJorden
Birth DateApril 30, 1999
Age25 Years Years Old
ZodiacTaurus
Birth PlaceUtrecht, Netherlands
NationalityDutch
Height5 feet 11 inches (1.80 m)
ProfessionChess player (grandmaster)
GenderMale
Sexual OrientationStraight
Career Active2008- present
Social MediaInstagram, Facebook, Twitter

Jorden van Foreest’s Net Worth In 2024: Is He A Millionaire?

There are no official reports on whether the Dutch grandmaster is a millionaire. It’s evident that as a member of the Dutch noble family “Van Foreest,” Jorden comes from a wealthy family. However, nothing much about his inheritance is known.

As of 2024, Foreest has an estimated net worth of $200,000. His chess prowess alone (along with the perks of a pro career) echoed his name globally while earning him a lump of money.

Foreest, a one-time Dutch national chess champion, has $200K net worth
Foreest, a one-time Dutch national chess champion, comes from a noble family (Source: Instagram)

Compared to five-time World Chess Champion Magnus Carlsen, with a net worth of $25 million, including $2 million in revenue annually from sponsorships, Jorden may seem inferior in earnings.

However, the Dutch Chess Champion is currently 25 Years, so with success and more immense opportunities in the pipeline, many argue that it won’t be long before he, too, enters the millionaire’s club.

Net Worth$200,000
Primary Income SourceChess career
Supplementary Income SourceSponsorship, Business
AssetsApartment (in Burges, Belgium)

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Foreest’s Net Worth In Different Currencies

Here is the insight into how much Jorden’s fortune converts to other currencies.

(Note: Conversion rate as of February 2024)

CountryNet Worth
United States of AmericaUSD 200,000
AustraliaAustralian Dollar 303,660
CanadaCanadian Dollar 269,032
European NationsEuro 184,211
JapanJapanese Yen 30,031,100
United KingdomPound Sterling 157,636
United Arab EmiratesUAE Dirham 734,590
BitcoinBTC 3.882

Jorden van Foreest’s Income Sources And Earnings

Contrary to beliefs that chess players get a salary, they earn through prize money instead. So, like many other players, Foreest accumulated a hefty sum through his wins or notable position finishes in chess tournaments (classic or online).

He won the 2023 Bydgoszcz Chess Festival in the round-robin tournament and got a prize money of €15,000 ($16,238).

The Dutch chess star competed in the 2023 FIDE Grand Swiss (prize pool of $460,000), where he came 68th. Vidit Gujrathi, the winner, took home $80,000, leaping ahead of Hikaru Nakamura, Vincent Keymer, Arjun Erigaisi, and Parham Maghsoodloo.

Moreover, in 2023, he made $29,150 from five other tournaments (four online and one offline). Let us break down his earnings for that year:

  • Titled Tuesday Blitz: $750 (2nd position)
  • Aimchess Rapid 2023 (Division 1): $7,50
  • Armageddon Championship Series – Europe and Africa: $5,400
  • ChessKid Cup 2023 (Division 1): $15,000
  • PRO Chess League 2023: $500
Jorden van Foreest won the 2021 Tata Steel Chess Masters
Jorden van Foreest won the 2021 Tata Steel Chess Masters (Source: Chess.com)

According to Esportsearnings.com, Jorden made $39,500 in 2022 from four online tournaments- the highest prize money was $15,000 from the Oslo Esports Cup 2022, where he finished sixth.

In 2021, when Foreest won the Tata Steel Masters, he took home $10,000 from the prize pool of $41,500. The following year, Magnus Carlsen took the Tata Steel Masters victory, with Shakhriyar Mamedyarov as runner-up, while he finished sixth.

As reported, with his victory in the 2016 Dutch Chess Championship, Jorden van won a prize of €5,500 ($6,246) from a pool of €17,400 ($19,762).

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Jorden’s Earnings From Chess Tournaments

Indeed, Jorden van Foreest makes a decent income from his mainstream chess tournaments, but aside from that, he has reportedly earned $84K from online chess games.

(Note: Exchange rates may differ now as they apply from the date of the tournament)

EventFinishEarnings
2013 European U14 Chess Championship1st
2015 World Junior Chess Championship.6th
2015 Groningen Chess Festival1st€1,800 ($1,954)
2016 Dutch Chess Championship1st€5,500 ($5,592)
2016 Hasselbacken Chess Open3rdSEK 15,000 ($1,808)
2017 Reykjavik Open2nd€2,000 ($2,142)
2019 St. Louis Fall Classic5th$1,500
2021 Tata Steel Masters1st$10,000
2021 FIDE World CupThird-round$10,000
2021 TePe Sigeman & Co1st
Chessable Masters 20218th$5,000
Magnus Carlsen Invitational 202112th$5,000
2021 FIDE Grand Swiss31st$2,000
Chessable Masters 202210th$4,250
Charity Cup 20226th$8,750
Bullet Chess Championship 2022 – Main Event15th$1,500
2023 Qatar Masters Open9th$2,000

Here is the list of his other tournaments and finishes:

  • 2016 Tata Steel Challengers- 6th
  • 2017 Dutch Championship- 6th
  • 2017 Tata Steel Challengers- 12th
  • 2017 World Junior Championship- 4th
  • 2018 Tata Steel Challengers- 3rd
  • 2018 Dutch Championship- 2nd
  • 2018 World Junior Championship- 7th
  • 2019 Tata Steel Masters- 13th
  • 2019 European Individual Championship- 59th
  • 2020 Tata Steel Masters- 4th
  • 2021 Prague Masters- 6th
  • 2022 2022 Tata Steel Masters- 5th
  • 2022 TePe Sigeman & Co- 6th
  • 2023 Tepe Sigeman & Co- 5th
  • 2023 Tata Steel Masters- 9th

Who Are Foreest’s Sponsors?

Along with chess tournaments, Jorden’s sponsorships are another source of his income. According to his website, he has a sponsorship deal with Hotels.nl, a Dutch-based hotel booking website.

In January 2017, during an interview with Chess24.com, he stated that Adviesbureau Schrijvers sponsored him in the past for three years until he was able to cover his expenses.

Jorden endorsing indoor airpurifier and monitor, AirThings
Jorden endorsing indoor air-purifier and monitor, AirThings (Source: Twitter)

With his title as a chess grandmaster, Foreest could use his fame for endorsements that could earn him significant money.

In his Twitter, he occasionally endorses Airthings, an indoor air quality monitor and air purifier, and posts pictures with the device.

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Jorden Is A Business Owner

According to Foreest’s LinkedIn profile, he owns and is CEO of the chess training facility JordenSchaak (2014- present). There are no details on the valuation of his company or its revenue.

However, it could be a goose that lays a golden egg for him, which is evident from the history of Magnus Carlsen, whose company, Play Magnus, had a multi-million valuation.

In August 2022, Chess.com acquired Carlsen’s company for 800 million kr ($80 million), where the chess champ had a stake worth $10-$20 million.

Where Does Jorden van Foreest Live?

According to an interview with The Plege Times in January 2022, Foreest has been living in his apartment in Burges, Belgium, with his girlfriend, Sonja Maria Bluhm.

There is little known about his residence; according to online sources, the average cost of an apartment in Belgium is €264,792 ($286,747).

Jorden van Foreest and his girlfriend, Sonja Maria Bluhm
Jorden van Foreest lives in Belgium with his girlfriend, Sonja Maria Bluhm (Source: Flickr)

Jorden and Sonja, a German-born chess player, met at the 2014 World Youth Championship. They had a brief connection during the tournament, but not until three months later when they met in another tournament and began dating.

Foreest’s girlfriend Sonja (b. January 10, 1998) is a FIDE Women’s International Master with an Elo rating of 2202.

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Potential Earnings From Streaming And Social Media

Jorden has a Twitch account (@GMJordenvForeest) with over 2.1K followers, where he streams his games. Even if a fixed figure of his earnings from streaming is not out, he presumably receives a handsome donation or contributions.

Foreest’s Instagram (@jordenvforeest) has over 10.3K followers. No reports of his endorsements or paid partnership are out; it could earn him a couple of hundreds (if not thousands) dollars per sponsored post.

His Twitter (@jordenvforeest) joined in June 2015 and has over 16.2K followers with a significant engagement rate that could be eligible for monetization, too.

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