If you click on a link and make a purchase we may receive a small commission. Read our editorial policy.

Gabe Newell is worth $1.5 billion

And Valve is worth over $3 billion.

Valve boss Gabe Newell is worth an eye-watering $1.5 billion.

He is the 854th richest billionaire, out of a global total of 1226 billionaires, according to Forbes.

Newell owns over 50 per cent of Valve, the company he co-founded in 1996 after leaving Microsoft.

The success of Valve's digital platform Steam (over 40 million users) and hit game Portal 2 helped propel the influential game industry veteran into Forbes' list of the world's billionaires.

How did it calculate Newell's gargantuan earnings? It consulted with industry insiders, equity analysts, investment bankers and technology analysts to work out how much Valve is worth. The most conservative estimate is over $3 billion. And since Newell owns more than half the company, he's worth at least $1.5 billion.

Will you support Eurogamer?

We want to make Eurogamer better, and that means better for our readers - not for algorithms. You can help! Become a supporter of Eurogamer and you can view the site completely ad-free, as well as gaining exclusive access to articles, podcasts and conversations that will bring you closer to the team, the stories, and the games we all love. Subscriptions start at £3.99 / $4.99 per month.

Tagged With

About the Author

Wesley Yin-Poole avatar

Wesley Yin-Poole

Deputy Editorial Director

Wesley is deputy editorial director of ReedPop. He likes news, interviews, and more news. He also likes Street Fighter more than anyone can get him to shut up about it.

Comments

More News

Latest Articles

Supporters Only

Eurogamer.net logo

Buy things with globes on them

And other lovely Eurogamer merch in our official store!

Eurogamer.net Merch