Gabe Newell: The richest man in the video game business
Image Source: forbes.com
American entrepreneur Gabe Newell is the head of the Valve video gaming company.
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Gabe Newell's net worth was assessed by Forbes to be US$ 3.9 billion in December 2021.
Gabe Newell enrolled at Harvard University but left to work for Microsoft.
Gabe Newell oversaw the creation of a Doom port for Windows 95, which is credited with establishing Windows as a competitive gaming platform.
Newell and Mike Harrington, left Microsoft to create the video game firm Valve.
Half-Life, a first-person shooter with a science fiction theme, was Valve’s first game.
Newell created Steam, a digital game distribution service.
The majority of Valve’s revenue was derived from Steam, which in 2011 held between 50%-70%.
Newell owned at least 25% of Valve and had a net worth of around 3.9$ billion.
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