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$50 Million in Annual Revenue

Erik Allebest
  • Erik Allebest

  • Owner of Chess.com
  • $50 million annual revenue

That’s Chess.com ♜

Actually, it might be closer to $100 million, as Erik Allebest didn’t give an exact number in his recent Mixergy interview.

Erik started out running chess clubs in schools and later sold chess products online. Then he bought the chess.com domain for $55,000 back in 2005.

The site was initially a popular forum and eventually people could play chess on there.

Updated: July 20, 2024

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