Gabe Newell Net Worth: Gabe Newell is an American businessman in the video game development field who has a net worth of $4.1 billion. He is best known as the co-founder and managing director of video game development and online distribution company Valve Corporation, headquartered in Bellevue, Washington.
Gabe Newell
| Net Worth: | $4.1 Billion |
| Date of Birth: | Nov 3, 1962 (59 years old) |
| Gender: | Male |
| Profession: | Entrepreneur, Businessperson, Video Game Producer |
| Nationality: | United States of America |
Early Life and Career: Gabe Newell (nicknamed Gaben) was born November 3, 1962, in Colorado. He attended Davis Senior High School in Davis, California. He attended Harvard University but dropped out and spent 13 years working for Microsoft, during which time Newell claims to have been the producer on the first three releases of Microsoft Windows. Newell claims he learned more in three months at Microsoft than he ever did at Harvard.
Career: Newell and another Microsoft employee, Mike Harrington, left Microsoft to found Valve in 1996, using their own money to fund Valve through the development of the video game Half-Life and the GoldSrc game engine. During production on Half-Life 2, Newell focused on the Steam Project. Newell has expressed displeasure over developing his software for gaming consoles such as the PlayStation 3. Nevertheless, he appeared onstage at Sony’s keynote address at the Electronic Entertainment Expo. Newell has also been critical of the Xbox Live as well as the Windows 8 operating system.
Valve Corporation has gone on to produce such other popular video games as Counter-Strike, Day of Defeat, Portal, and others. In December 2010, Forbes named Newell “A Name You Should Know”, mostly for his work with Steamworks. In March 2013, Newell was the recipient of the BAFTA Fellowship Award for his outstanding and exceptional creative contribution to the video games industry. That same year, Newell was added to the Academy of Interactive Arts & Sciences Hall of Fame. Forbes listed him among the 100 richest people in the United States in October 2017.
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