Gabe Newell’s profile picture

Gabe Newell

Cofounder and CEO, Valve Corporation
Gabe Newell’s profile picture
Net worth 2018: $5.5 Billion
Residence: Seattle, Washington
Country: United States
BirthDay: 3 November 1962
Children: 2
Education: Drop Out, Harvard University
BIOGRAPHY

Gabe Newell was bornon 3 November 1962 in Seattle, Washington, United States, is Cofounder and CEO, Valve Corporation. Gabe Newell is #351 in List Billionaires People In The World. 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 its Steam digital store; some liken it to the iTunes of video games. Steam sells game licenses to 125 million users of its own and other developers' titles and collects a percentage of the sales. Forbes estimates that Newell owns just over half the company, which operates out of Bellevue, Washington.

NET WORTH STATISTIC
2012

$1.5 Billion

2013

$1.1 Billion

2014

$1.2 Billion

2015

$2.2 Billion

2016

$4.1 Billion

2017

$4.1 Billion

2018

$5.5 Billion

TIMELINE
2017

In October 2017, Forbes listed him among the 100 richest people in the United States, with an estimated net worth of US$5

2013

In March 2013, Newell received the BAFTA Fellowship award for his contributions to the video game industry

2010

In December 2010, Forbes named Newell as "A Name You Should Know", primarily for his work on Steam having partnerships with multiple major developers

2007

In 2007, Newell openly expressed his displeasure over developing his software for gaming consoles, particularly the PlayStation 3

2006

Newell formerly suffered from Fuchs' dystrophy, a congenital disease which affects the cornea, but was cured by two cornea transplants in 2006 and 2007

1990

During his time at the company, Newell, along with co-worker Mike Harrington, were impressed by computer games that were being released in the mid 1990s, such as id Software's Doom and Quake

1980

He attended Harvard University from 1980 to 1983, eventually dropping out

1962

Newell was born on November 3, 1962, in Seattle, Washington

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