Source of Wealth:Valve Corporation
Birth Place:Seattle, Washington, United States
Marital Status:Married (Lisa Mennet)
Full Name:Gabe Logan Newell
Date of Birth:November 3, 1962
Occupation:Managing Director of Valve Corporation
About Gabe Logan Newell
Gabe Logan Newell, popularly referred to as Gabe Newell, was born on 3rd of November, 1962. He co-founded the video game company “Valve Corporation”. His net worth stands at an impressive $5.5 billion.
Gabe has earned his huge wealth by working for many years in Microsoft Corporation and later as the co-founder of Valve Corporation. His business venture has come up with video games that have gone on to become hugely successful. Both “Half-Life” and “Counter-Strike” have been developed by Valve Corporation. This company was established by Gabe Newell and his colleague from Microsoft, Mike Harrington.
Newell worked for thirteen years at Microsoft. He was one of the producers of all the three versions of Windows. An employee of Microsoft, Michael Abrash, left the company to work for the “Quake” video game that was developed by “ID Software”. Newell was inspired. He and Mike decided to leave their plush jobs in 1996 to set up their own business. It was formed with the money they had made.
The business was very successful, as Valve kept coming out with successful video games like Day of Defeat, Portal, Half-Life, and Counter-Strike among others. He focused on the “Stream Project” during the production of “Half-Life 2”. He was not pleased for developing software for Play Station 3 and all the gaming consoles. But in 2010, he announced Portal 2 for Play Station 3. For his work on Stream, Forbes has named Gabe Newell. He was included in the list “A Name You Should Know” in 2010.
Gabe Newell married Lisa. The couple has two sons.
The below financial data is gathered and compiled by TheRichest analysts team to give you a better understanding of Gabe Newell Net Worth by breaking down the most relevant financial events such as yearly salaries, contracts, earn outs, endorsements, stock ownership and much more.
Earnings 2016 $4.1 Billion
Earnings 2015 $2.2 Billion
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