The World Blitz Chess Championship is a chess tournament held to determine the world champion in chess played under blitz time controls. Since 2012, FIDE has held an annual joint rapid and blitz chess tournament and billed it as the World Rapid & Blitz Chess Championships. The current world blitz champion is the Norwegian Grandmaster Magnus Carlsen. Valentina Gunina from Russia is the current women's blitz world champion. Magnus Carlsen has won the event a record seven times.

Sven Magnus Øen Carlsen is a Norwegian chess grandmaster. He is a five-time World Chess Champion, the reigning five-time World Rapid Chess Champion, the reigning seven-time World Blitz Chess Champion, and the reigning Chess World Cup Champion. He has held the No. 1 position in the FIDE world chess rankings since 1 July 2011 and trails only Garry Kasparov in time spent as the highest-rated player in the world, while holding the record for longest consecutive reign. His peak rating of 2882 is the highest in history. He also holds the record for the longest unbeaten streak at an elite level in classical chess at 125 games.