You gotta have some smarts to become the richest man in the world – and of course, nobody is doubting the intellect of Microsoft co-founder Bill Gates.

But being smart, successful, and wealthy doesn’t necessarily make you a good chess player. Being a great chess player comes from natural ability and a lot of practice.

Enter Norwegian chess grandmaster Magnus Carlsen. In just under one minute and 20 seconds, Carlsen disposes of Gates. I mean, you can tell that Carlsen would have beaten him even faster if Gates were a quicker player. You can’t win ’em all, Billy.

Gates shouldn’t feel too bad about his beatdown. Carlsen is currently the #1 ranked player in the world, and owns the highest peak rating in history at 2872. He became a chess grandmaster as the ripe old age of 13.

Image, Video via NRK, YouTube