Indian chess sensation D. Gukesh, eighteen years young, is standing on the verge of winning this year’s edition of the esteemed Tata Steel Chess Tournament 2025 in Wijk aan Zee, Netherlands. Gukesh took the world championship by playing more than what the Chinese powerhouse, Ding Liren, was showing in December 2024. Gukesh has shown immense consistency during this Tata Steel tournament, nicknamed fondly the “Wimbledon of Chess.” In the first round, he outplayed Anish Giri; in the fifth round, Gukesh had outwitted Vincent Keymer. When into the tenth round, Indian Grandmaster R. Praggnanandhaa could get a peep at him but was really within his grasp. It would be a personal victory for Gukesh but a gigantic moment for Indian chess if he were to emerge victorious at Tata Steel, as any champion of today would be remembered in the style of former champion Viswanathan Anand.
Tag: Gukesh World Chess Champion
Companies Lined Up to Pay Gukesh Sponsorship Earnings Apart From Prize Money
Winning the World Chess Championship is a huge milestone in Gukesh’s career, unlocking not only prestige but a world of financial opportunities. Beyond the substantial prize money, his title positions him as a prime candidate for lucrative sponsorship deals across industries such as technology, luxury, and e-learning. This article explores how sponsorships work in chess, the types of brands likely to partner with Gukesh, and his potential earnings. Also, it goes into more significant long-term commercial possibilities through academies, content generation, and global ambassador roles. Gukesh’s win means not just an individual triumph but opens a gate that will inspire millions to become the future of chess.
Finance Ministry Agrees to Waive Tax on Gukesh Prize Money After The Philox’s Appeal
India’s youngest World Chess Champion, D. Gukesh, has received a monumental gesture from the Finance Ministry, which has agreed to waive the heavy tax on his prize money following an appeal made by The Philox. Gukesh’s historic victory against China’s Ding Liren in the World Chess Championship earned him ₹11.34 crore, but was initially overshadowed by the prospect of a ₹4.67 crore tax burden. It was a tribute by the Finance Ministry to exempt Gukesh from this tax to honor his brilliance and not let his victory get blemished. This was an encouragement for young talent in India and set precedent for supporting national heroes.