Bill Gates, a big winner in the game of business, finds out that means nothing in a game of chess.

Magnus the magnificent.

Being the richest guy in the world and a computer magnate doesn't necessarily make you a stellar chess player.

Bill Gates learned this the hard way when newly crowned world chess champion, 23 year old Magnus Carlsen, of Norway, beat him handily, in a mere nine moves — in front of an audience, no less. The speed game took place Wednesday during a popular Norwegian-Swedish talk show hosted by Norwegian TV presenter Fredrik Skavlan.

Gates, whose net worth was estimated this month at $78.5 billion, according to the Bloomberg Billionaires Index, was even given a slight advantage. He had 2 minutes to make his moves. Carlsen had 30 seconds. Carlsen won the game in 1 minute, 20 seconds.

I'd say Magnus might have a job, if he wants one, in Redmond, Washington.