Gabe Newell. Billionaire.

prowler

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Gabe Newell, co-founder and managing director of Valve, has been added to the billionaire’s club.

According to a Forbes report, Newell’s net worth is around $1.5 billion dollars, and he ranks 854th out of 1,226 global billionaires.


Newell, who owns over 50% of his privately-held firm, doesn’t disclose his finances not that of Valve’s, so in order to estimate his financial worth Forbes consulted with: “video game industry insiders, equity analysts, investment bankers, and technology analysts” to come up with the figure.

“Even the most conservative estimates put Valve’s enterprise value at more than $3 billion, and since Newell owns more than 50% of the company, that means he’s worth at least $1.5 billion,” stated the report.
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Qtis

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Well looking at Valve and Steam, I'd be surprised if he wasn't a billionaire. Hell, even Rovio is estimated to be worth around 2-7 billion euros (3-9 billion dollars?) with basically Angry Birds. It's kinda odd that Valve would be below that :3
 

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