After Kasparov and Short created PCA and played the title match under this new organization, FIDE organized its title match between Anatoly Karpov (who lost to Short in the semis) and the finalist of the Candidates matches, Jan Timman (1993). Karpov defeated his old rival 12½-8½ and then defended the title in the match against Kamsky +6-3=9 (Elista 1996) and the FIDE World Championship final against Anand in 1998 (+2−2=2, rapid tiebreak 2–0).
The first-ever kanockout FIDE World Championship took place in Las Vegas (1999). Rated only 44th in the world at that time, GM Alexander Khalifman (born in 1966) from St-Petersburg won seven consecutive matches, including the final with Vladimir Akopian (3½-2½) and took the title.
The first Grandmaster from India (born in 1969), one of the most talented players of his generation, Viswanathan Anand, started his quest for the chess crown in the championship cycle 1990-1993 but lost the semifinal against Karpov. Ten years later, he entered FIDE World Championship 2000 as the main favourite. He delivered on his promise by winning seven straight matches, including the final with Alexei Shirov (3½-½) and taking the title.
A native of Ukraine, Ruslan Ponomariov (born in 1983) became the youngest FIDE World Championship winner in chess history. Although not listed among the favourites of the FIDE World Championship 2002, the 18-year-old prodigy made it to the final in which he beat his compatriot Vasyl Ivanchuk by a score of 4½-2½.
The FIDE World Chess Championship 2004 was held in Tripoli, Libya. Somewhat unexpectedly, Rustam Kasimdzhanov from Uzbekistan (born in 1979) won six matches, including the victory over the favourites Vasyl Ivanchuk and Veselin Topalov and advanced to the final in which he faced Michael Adams. After six games were drawn, Rustam prevailed on a tiebreak to clinch the title.
A native of Ruse, Bulgaria, Veselin Topalov (born in 1975) earned the right to play in the FIDE World Chess Championship 2005 in San Luis, Argentina, as one of the top-rated grandmasters. After scoring 6½ out of 7 in the first part of the event (one of the greatest streaks in such competitions), Topalov smoothly sailed to the victory securing the title with a round to spare.
In 1993 Kasparov and Short (the winner of the Candidates cycle) played the title match outside of FIDE jurisdiction, which Kasparov won 12½–7½. Two years later, he defended his title in the match against the winner of the PCA candidate cycle Viswanathan Anand by a score of 10½–7½ (New York, 1995). Despite losing the chess crown in 2000, he continued to dominate tournaments and was #1 in the FIDE rating list when he retired from professional chess.