
Gabe Newell
Cofounder and CEO, Valve Corporation
$9.5B
as of 04/23/25
About Gabe Newell
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 Steam, a digital platform for buying, selling and playing video games.
Steam reached 1 billion accounts in 2019 and continues to set active user records.
Forbes estimates that Newell owns at least one half of the company, which operates out of Bellevue, Washington.
Personal stats
Citizenship
United States of AmericaSource of wealth
VideogamesResidence
Seattle, WashingtonMarital status
DivorcedBirth date
11/03/62 (age 62)Number of children
2Education
Drop Out, Harvard UniversitySelf-made
self-madeGabe Newell’s fortune is worth

158K
troy ounces of gold

146K
median U.S. household

95K
median U.S. income

0.19%
U.S. credit card volume

0.038%
GDP of the United States

0.028%
United States debt
Net worth history
Annual ranking
Did you know?
Newell was hired by Steve Ballmer as Microsoft's 271st employee after dropping out of Harvard.
Net worth over time
Real-time ranking
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