World chess champ beats Bill Gates in 80 seconds

He is the second-richest man in the word and Bill Gates was certainly second best when it came to playing chess against the world's No. 1.

The Microsoft founder was challenged to a game of chess by world champion Magnus Carlsen, a 23-year-old Norwegian.

And Gates, who has an estimated fortune of $78.5 billion, was defeated in just nine moves, in a little more than a minute, according to USA Today.

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The match was recorded for a Norwegian TV program.

Good sport Gates had agreed to the challenge, even though he admitted there was a 'predetermined outcome'.

To try and even the odds a little, Gates had a total of two minutes to make his moves, Carlsen had just 30 seconds.

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Alas for Gates, it didn't help, as his adversary was soon on the attack.

In a flurry of action, the billionaire was quickly beaten, as Carlsen took less than a second to make several moves.

'Wow, that was fast,' Gates said after his defeat.

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Asked if he had ever felt intellectually inadequate, Gates replied, 'When I play chess with him.'

The Norwegian is the pinup boy of chess.

A prodigy, he was made a chess grandmaster at the age of 13.

Carlsen was crowned world champ last November.

Away from chess, he has modeled for a fashion line and, maybe unfairly, been called the 'Justin Bieber of chess.'