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Gabe Newell

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American businessman (born 1962)

Gabe Newell
Newell in 2018
Born
Gabe Logan Newell

(1962-11-03)November 3, 1962 (age 63)[1][2]
Colorado, U.S.
Other namesGaben
EducationHarvard University (dropped out)
Years active1983–present
Known forCo-foundingValve
Title
Spouse
Lisa Mennet Newell
(m. 1996, divorced)
Children2
Awards

Gabe Logan Newell (born November 3, 1962), also known by his nicknameGabeN, is an Americanvideo game developer and businessman. He is the co-founder, president and majority owner of the video game companyValve Corporation.

Newell was born inColorado and grew up inDavis, California. He attendedHarvard University in the early 1980s but dropped out to joinMicrosoft, where he helped create the first versions of theWindows operating system. In 1996, he andMike Harrington left Microsoft to found Valve and fund the development of their first game,Half-Life (1998). Harrington sold his stake in Valve to Newell and left in 2000. Newell led the development of Valve's digital distribution service,Steam, which launched in 2003 and controlled most of the market for downloaded PC games by 2011.

As of 2021, Newell owned at least one quarter of Valve;Forbes estimated that he owned at least half as of 2025. He is also the owner of themarine research organization Inkfish, the neuroscience company Starfish Neuroscience, and the custom yacht manufacturerOceanco. Newell has been estimated as one of thewealthiest people in the United States and the wealthiest person in thevideo games industry, with an estimated net worth of$11 billion as of 2025.

Early life and education

Newell was born on November 3, 1962, inColorado, and attendedDavis Senior High School inDavis, California.[4][5] He begancomputer programming in high school, at a time when programming was not an established career path, and imagined he would become a doctor.[6] He worked as apaperboy, and later atelegram messenger forWestern Union.[7] In 1980, Newell enrolled atHarvard University to study programming.[6][4]

Career

Microsoft

While at Harvard, Newell visited his brother atMicrosoft, which was not yet a major software developer.[6] At the suggestion of the Microsoft executiveSteve Ballmer, he dropped out of Harvard and began working at Microsoft.[6] Newell said later that Microsoft was the best place in the world to learn to program at the time.[6]

Newell spent 13 years at Microsoft as a programmer and technical executive, and produced the first three releases of theWindows operating system.[8][9] In late 1995,Doom, a 1993first-person shooter game developed byid Software, was estimated to be installed on more computers worldwide than Microsoft's new operating system,Windows 95. Newell said: "[id] ... didn't even distribute through retail, it distributed through bulletin boards and other pre-internet mechanisms. To me, that was a lightning bolt. Microsoft was hiring 500-people sales teams and this entire company was 12 people, yet it had created the most widely distributed software in the world. There was a sea change coming."[10] At Microsoft, Newell led development on aport ofDoom for Windows 95, which is credited with helping make Windows a viable game platform.[11]

Valve

Main article:Valve Corporation

Inspired byMichael Abrash, who left Microsoft to work on the gameQuake at id, Newell and another employee,Mike Harrington, left Microsoft to found the video game company Valve on August 24, 1996.[9][4] Newell opted to found Valve instead of retiring as he felt working with "other really smart, motivated, socially orientated people to create product that would affect millions of other people" would be more fun.[12]

Newell and Harrington funded development of the first Valve game, the first-person shooterHalf-Life (1998),[13] which was a critical and commercial success.[14] Harrington sold his stake in Valve to Newell in 2000.[8] Newell gave Valve no deadline and a "virtually unlimited" budget to developHalf-Life 2 (2004), promising to fund it himself if necessary.[15] He and Valve came close to bankruptcy during a legal battle withVivendi Games, which ended when an intern discovered an email revealing that Vivendi was destroying evidence.[16]

During the development ofHalf-Life 2, Newell spent months developingSteam, adigital distribution service for games.[15] By 2011, Steam controlled between 50% and 70% of the market for downloaded PC games and generated most of Valve's revenue.[17] At a technology conference in Seattle that year, Newell argued thatsoftware piracy was best addressed by offering a superior option rather than pursuing anti-piracy technology. He cited Steam's success in Russia, where piracy is rife, as an example.[18]

Newell accepting the Pioneer Award at the 2010Game Developers Conference

In 2007, Newell expressed his displeasure over developing forgame consoles, saying that developing processes forSony'sPlayStation 3 was a "waste of everybody's time".[19][20] On stage at Sony's keynote atE3 2010, he acknowledged his criticism but discussed the open nature of the PlayStation 3 and announced a port ofPortal 2, remarking that withSteamworks support it would be the best version for any console.[21] Newell also criticized theXbox Live service, referring to it as a "train wreck",[22] andWindows 8, calling it a threat to the open nature ofPC gaming.[23] At the 2013LinuxCon, Newell said theLinux operating system andopen source development were "the future of gaming". He accused the proprietary systems of companies such as Microsoft andApple of stifling innovation through slow certification processes.[24]

In 2009,IGN named Newell one of the top 100 game creators, writing that it was "almost impossible to gauge" Valve's influence on game design, technology and thevideo games industry.[25] In December 2010,Forbes listed Newell as "A Name You Need to Know", primarily for his work on Steam and partnerships with multiple major developers.[26] In 2013, Newell was added to theAcademy of Interactive Arts & Sciences Hall of Fame[27] and received theBAFTA Fellowship for his contributions to the video game industry.[28] As of 2024, Newell had become less involved in Valve and was spending more time on personal projects.[29]

Other ventures

In 2022, with Philip Sabes, Newell co-founded the neuroscience company Starfish Neuroscience to developneural interfaces.[29] In May 2025, Starfish announced that their first chip will be released in late 2025.[30] Newell is the owner of themarine research organization Inkfish, which owns several ships and submarines.[31][29] In November 2022, Inkfish purchased the Hadal Exploration System, a private deep-sea exploration platform, from the undersea explorerVictor Vescovo.[32] In August 2025, Newell acquired the privately owned yacht manufacturerOceanco.[33]

Charity work

In 2020, Newell and the Valve employee Yahn Bernier created acar racing team,the Heart of Racing, to raise funds for children's charities in Seattle and New Zealand.[34] In the same year, Newell worked withWeta Workshop andRocket Lab to send a gnome figure fromHalf-Life 2: Episode Two into space. Newell donated $1 for every person who watched the launch video in 24 hours. The money went to the pediatric intensive care unit at theStarship Children's Hospital in Auckland, New Zealand.[35]

Net worth

In October 2017,Forbes listed Newell among the 100 wealthiest people in the United States, with an estimated net worth of$5.5 billion.[36][37] In December 2021,Forbes estimated that Newell had a net worth of$3.9 billion[37] and owned at least one quarter of Valve.[37] According to Charlie Fish, the author ofTheHistory of Video Games, as of 2021 Newell was the richest person in the video game industry.[4] In 2025,Forbes estimated that Newell owned at least half of Valve and had a net worth of $11 billion.[38]

Personal life

Newell in 2002

Newell formerly suffered fromFuchs' dystrophy, a congenital disease which affects thecornea. He was cured via two cornea transplants in 2006 and 2007.[17] On the same day he founded Valve with Harrington, Newell married Lisa Mennet.[4] They have two sons.[39] The birth of their first son in the late 1990s inspired thefinal boss ofHalf-Life, as the couple considered childbirth the most frightening thing they could think of at the time.[40] As of 2019, Newell and Mennet had divorced.[41]

In 2011, Newell said his favorite video games includedSuper Mario 64,Doom, and aBurroughs mainframe version of the 1971Star Trek game, which was the first game he ever played.[42]Doom convinced him that games were the future of entertainment, andSuper Mario 64 convinced him thatgames were art.[42] Newell was a fan of the animated seriesMy Little Pony: Friendship Is Magic.[43][4] He also recorded a voice pack for the Valve gameDota 2, which referenced many previous statements and phrases from himself in a humorous manner.[44]

Within the gaming community, Newell has the nickname Gaben, derived from his work email address.[45] Newell said that he tried to grow into his public image: "[Fans] hug me when they run into me. I'm not a hugging person, but that's what they want. I was with my kids the first time that happened in public, and my kids were pretty cool with it. But I wasn't. 'Dad, roll with it.' Even now, I'm learning from our customers."[46]

Newell was visiting New Zealand with friends when theCOVID-19 pandemic emerged, and elected to stay inAuckland once travel restrictions were eased.[47] As an expression of gratitude for New Zealand's hospitality, he and others arranged a free event, We Love Aotearoa, with live performances from musical artists across New Zealand. It was accompanied by VR stands for Valve games such asHalf-Life: Alyx andThe Lab.[48] The event was postponed from August to December due to alockdown induced by a second wave of COVID-19.[47][49] Newell applied for permanent residency in New Zealand in October 2020, but had returned to Seattle by 2021.[50][51] Newell owns several ships and has lived mostly at sea since the pandemic.[8]

References

  1. ^Nichols, Georgia (November 2, 2019)."Horoscope for Sunday, Nov. 3, 2019".Chicago Sun-Times.Archived from the original on September 25, 2021. RetrievedFebruary 5, 2021.If Your Birthday Is Today [November 3]: Video game entrepreneur Gabe Newell (1962) shares your birthday.
  2. ^Sarkar, Samit (November 7, 2012)."Valve's Gabe Newell gets a 50th birthday present from 4chan".Polygon.Archived from the original on April 9, 2023. RetrievedFebruary 5, 2021.
  3. ^"D.I.C.E Special Awards".Archived from the original on April 26, 2013. RetrievedJanuary 22, 2017.
  4. ^abcdefFish, Charlie (May 30, 2021).The History of Video Games. White Owl.ISBN 978-1-5267-7900-7.Archived from the original on May 11, 2024. RetrievedApril 7, 2024.
  5. ^Good, Owen (July 21, 2012)."This is Gabe Newell in his first year of high school".Kotaku.Archived from the original on December 23, 2019. RetrievedDecember 23, 2019.
  6. ^abcdeStanton, Rich (July 25, 2025)."The young Gabe Newell thought he'd be a doctor until he ended up visiting his brother at Microsoft, where Steve Ballmer got mad and said 'If you're going to be hanging out here, why don't you do something useful?'".PC Gamer. RetrievedJuly 26, 2025.
  7. ^Nightingale, Ed (March 1, 2022)."Valve boss Gabe Newell hand delivers Steam Decks".Eurogamer.Gamer Network.Archived from the original on March 18, 2023. RetrievedMarch 18, 2023.
  8. ^abcPastis, Stephe (December 6, 2024)."How Valve founder Gabe Newell turnedHalf-Life into a nearly $10 billion fortune".Forbes Australia. RetrievedDecember 11, 2024.
  9. ^abCVG Staff (September 28, 2007)."Creative Minds: Gabe Newell".Computer and Video Games.Future plc. Archived fromthe original on December 11, 2014. RetrievedFebruary 9, 2016.
  10. ^Narcisse, Evan (May 1, 2012)."Seems likeDoom might have inspired Valve to build Steam".Kotaku Australia. Archived fromthe original on May 10, 2022. RetrievedMay 10, 2022.
  11. ^"Gabe Newell made Windows a viable gaming platform, and Linux is next".Extreme Tech. September 24, 2013.Archived from the original on December 17, 2020. RetrievedMarch 8, 2021.
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  16. ^McKenzie, Theodore (November 17, 2024)."Valve, Steam and the entire PC gaming industry were saved by a single intern".80LV. RetrievedNovember 17, 2024.
  17. ^abChiang, Oliver (February 9, 2011)."The Master of Online Mayhem".Forbes.Archived from the original on March 7, 2017. RetrievedFebruary 9, 2016.
  18. ^Bradford, Matt (October 25, 2011)."Gabe Newell: Piracy is an issue of service, not price".GamesRadar.Archived from the original on October 24, 2023. RetrievedNovember 29, 2023.
  19. ^Androvich, Mark (October 11, 2007)."PS3 a "waste of time," says Valve's Newell".GamesIndustry.biz.Gamer Network.Archived from the original on January 26, 2016. RetrievedFebruary 9, 2016.
  20. ^Bishop, Stuart (January 15, 2007)."Gabe Newell: PS3 "a waste of everybody's time"".Computer and Video Games.Future plc. Archived fromthe original on December 23, 2014. RetrievedFebruary 9, 2016.
  21. ^Bramwell, Tom (June 15, 2010)."Portal 2 coming to PlayStation 3".Eurogamer.Gamer Network.Archived from the original on November 5, 2015. RetrievedFebruary 9, 2016.
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  25. ^"IGN - 16. Gabe Newell".IGN. Archived fromthe original on April 20, 2014. RetrievedNovember 27, 2023.
  26. ^Chiang, Oliver (November 13, 2010)."Names You Need to Know in 2011: Gabe Newell".Forbes.Archived from the original on March 6, 2016. RetrievedFebruary 2, 2016.
  27. ^Purchese, Robert (November 15, 2012)."Gabe Newell named as next AIAS Hall of Famer".Eurogamer.Gamer Network.Archived from the original on March 3, 2016. RetrievedFebruary 9, 2016.
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  30. ^Hollister, Sean (May 23, 2025)."Valve CEO Gabe Newell's Neuralink competitor is expecting its first brain chip this year".The Verge. RetrievedMay 24, 2025.
  31. ^James, David (June 20, 2023)."The only manned submersible that could reach the missing Titan is owned by Steam's Gabe Newell".We Got This Covered.Archived from the original on June 21, 2023. RetrievedJune 21, 2023.
  32. ^"DSSV Pressure Drop sold to Inkfish".Superyacht News. November 3, 2022.Archived from the original on June 21, 2023. RetrievedJune 21, 2023.
  33. ^Wolens, Joshua (August 2, 2025)."Gabe Newell acquires yacht company building the $400 million ocean-fortress he'll pick up later this year, because he 'respects the sea'".PC Gamer. RetrievedAugust 2, 2025.
  34. ^Talbot, Carrie (September 14, 2020)."Valve boss Gabe Newell is raising money for NZ children's charity through car racing".PCGamesN.Archived from the original on August 22, 2023. RetrievedAugust 22, 2023.
  35. ^Beckhelling, Imogen (November 20, 2020)."Gabe Newell has blasted Gnome Chompski into space".Rock Paper Shotgun. RetrievedJuly 7, 2025.
  36. ^Chalk, Andy (October 19, 2017)."Gabe Newell is worth $5.5 billion, according to Forbes".PC Gamer.Archived from the original on November 23, 2017. RetrievedOctober 19, 2017.
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  39. ^MacDonald, Sally (May 16, 2003)."Tuned To The Dunes: A beach house honors the magic of surprise, the gift of time".The Seattle Times.Archived from the original on October 22, 2023. RetrievedJuly 17, 2020.
  40. ^Walker, Alex (February 21, 2018)."Half-Life's Final Boss Was Based On Gabe Newell's Son (Being Born)".Kotaku. Archived fromthe original on August 11, 2018. RetrievedAugust 11, 2018.
  41. ^Keall, Chris (November 2, 2020)."US billionaire Gabe Newell, locked down in NZ, launching a gnome into space via Rocket Lab".The New Zealand Herald.Archived from the original on December 8, 2021. RetrievedDecember 8, 2021.
  42. ^abIngham, Tim (April 4, 2011)."Gabe Newell: My 3 favourite games".Computer and Video Games.Future plc. Archived fromthe original on February 11, 2015. RetrievedFebruary 9, 2016.
  43. ^Fahey, Mike (April 12, 2012)."Gabe Newell Just Made My Little Pony Fans Extremely Happy".Kotaku.Gawker Media.Archived from the original on June 11, 2012. RetrievedFebruary 9, 2016.
  44. ^Horti, Samuel (August 22, 2018)."Gabe Newell comes to Dota 2 in wonderfully deadpan voice pack".PC Gamer.Archived from the original on April 9, 2023. RetrievedAugust 26, 2018.
  45. ^Goldman, Tom (March 5, 2011)."Gabe Newell Gives Away Personal Steam Password".The Escapist.Defy Media. Archived fromthe original on March 12, 2016. RetrievedFebruary 9, 2016.
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Further reading

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