Gabe Newell
$11.0B
Born
Nov 03, 1962
Age
63
Source of Wealth
Video games
Residence
Seattle, Washington
Citizenship
United States
Marital Status
Divorced
Children
2
Education
Drop Out, Harvard University
- Gabe Newell has led Valve Corp., which develops video games, since he cofounded it in 1998 with former Microsoft colleague Mike Harrington.
- The company found initial success with games like Half-Life and Portal.
- Valve Corp. plays a big role in PC game sales through Steam, a digital platform for buying, selling and playing video games.
- Steam reached 1 billion accounts in 2019 and continues to set active user records.
- Forbes estimates that Newell owns at least one half of the company, which operates out of Bellevue, Washington.
- Newell was hired by Steve Ballmer as Microsoft's 271st employee after dropping out of Harvard.
- Valve released a hand-held gaming console in 2022 called the Steamdeck, which lets gamers play a variety of Steam's offerings on the portable device.
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