Freedom Holding Corp. is not only constantly at the epicenter of significant events, but also organizes them independently. On December 27, 2024, the World Rapid and Blitz Chess Championship was held in New York City.
This is the first time that an event of this nature is being held in the United States, so it is symbolic, since the venue is the world-famous Wall Street.
The sponsor of the event was the famous businessman Timur Turlov, head of Freedom Holding Corp. This event was a fusion of strategy and finance, which Mr. Turlov called “far-sighted sponsorship of sports and business.” The businessman is of the opinion that chess is not just a game, but a significant part of history and human culture.
At one time, Turlov built his own empire, not shocking the public with financial scope, but relying only on investment activities. Things went well thanks to his unconventional approach and broader vision of investments. He bought companies not for the mercenary purpose of selling them, but to create what is now called the big name Freedom Holding Corp, which, without exaggeration, the whole world knows.
The main similarities between chess and financial business
This sport and financial activity are very similar in such qualities as:
- competitive spirit;
- ability to make quick and correct decisions;
- presence of strategic planning skills;
- quick adaptation to an unpredictable situation.
Strategic thinking skills and the ability to make the right decisions quickly, despite a stressful situation, are key both in financial activities and in a chess game, this is the conclusion made by Timur Turlov.
The symbolism of the event did not go unnoticed by FIDE Vice President Viswanathan Anand, a former world chess champion, who accurately noted that the financial center of New York will turn into the chess center of the world in a week. This event left an indelible impression not only on financiers from all over the world, but also on chess fans who were equally excited to watch the championship.
Experts described the past event as more than just a chess tournament. They called it a fusion of culture and disciplines. According to Timur Turlov, the holiday was a great success, becoming a place where intellect, friendship and inspiration merged.