Microorganisms in nature have been suggested as effective synthetic platform for functional materials construction. In this study, we cultured a typical white rot fungus of Phanerochaete chrysosporium in iron-containing medium to obtain iron-rich biomass, serving as sole precursor for magnetic biocarbon synthesis. The accumulated iron in biomass reached to 4.6 wt%. After carbonization and activation, microporous magnetic biocarbon (Fe/BC) with high specific surface area of 1986 m(2) g(-1) was obtained. When applied as adsorbent for a model pharmaceutical (diclofenac sodium, DCF) removal from aqueous solution, a high adsorption capacity of 361.25 mg g(-1) was found for the developed Fe/BC. Systematic isotherm, kinetic, thermodynamic and recycle studies were conducted to investigate adsorption behaviors of DCF onto Fe/BC. This work not only provides a novel strategy for magnetic biocarbon construction, but also envisions new perspective on the utilization of a variety of microorganisms in nature for functional materials preparation.