What comes to your mind when it comes to online gaming? If you yelled ‘Half-Life,’ then you certainly know the man behind the legendary game. Yes! We are talking about the GOD of online gaming Gabe Newell, the co-founder of the video game development and digital distribution company ‘Valve Corporation.’ He is an American businessman and computer programmer who was also one of the leading visionaries behind the first three versions of Windows. Today, he is one of the hundred wealthiest people in America.
There is more to the gaming legend than his achievements, however. Do you know his favorite pastime is watching ‘My Little Pony’? Yes, we kid you not! We are actually talking about the animated show with rainbow-colored horses! That’s not all. Guess what his hobby is, apart from programming? Can’t think of anything? Well, Gabe Newell is obsessed with knives and has a 600 strong collection of knives of all eras, shapes, and sizes! Keep reading to know more about the life and net worth of Gabe Newell in 2019.
Early Life & Biography
Born on 3rd November 1962 and raised in Colorado, America, Gabe Newell has received his schooling from the Davis Senior High School in California. After schooling, he went to Harvard University for further studies in 1980. Gabe dropped out himself before graduating to serve the American company ‘Microsoft’ and work with them to develop an operating system that changed the world, ‘Windows.’
Gabe Newell had a congenital disease called Fuchs’ dystrophy which had affected both his corneas and due to which he had to get them both transplanted. He has been married to Lisa Mennet Newell since 1996, and the couple has two children now.
Career, Awards, & Nominations
Gabe Newell spent a decade working for the American technology company ‘Microsoft.’ He was one of the thinktanks behinds the Windows 1.01, 1.02 and 1.03 operating systems. Later, Gabe Newell, Mike Harrington, and another ‘Microsoft’ employee quit ‘Microsoft’ to start their own company, ‘Valve L. L. C.’ in 1996. They funded the company to develop the ‘Half-Life’ and ‘GoldSrc’ game engines which turned out to be great successes for the company. The company has also developed a digital distribution platform and named it ‘Steam.’ ‘Valve’ announced this digital distribution software platform at the game developer’s conference in 2002. ‘Steam’ offers social networking services, gaming services, video streaming, and DRM. The platform has 150 million registered accounts, making it the largest digital distribution platform for personal computer gaming. The ‘Steam’ digital store plays a significant role in selling PC games.
‘Valve’ has produced many video games including the ‘Day of Defeat’ series, ‘Counter-Strike’ series, ‘Half-Life’ series, ‘Dota 2’ and many others. The company makes $100 million per year approximately, and now it is valued at around $4 billion. Gabe Newell developed and announced ‘Portal 2’ for the Sony’s PlayStation 3 in 2007. Discussing its open nature, he was quoted as saying that it would be the best version of any console.
In 2010, the company was awarded for being the best developer by the Escapist magazine’s March Mayhem Tournament. Gabe Newell has been awarded the GDC Pioneer award, an Academy Fellowship award and 2 BAFTA games award. He had also won the game development Choice Award in 2005.
Net Worth & Earnings
Gabe Newell’s estimated net worth is $4 billion. He was at the 97th position in the list of the hundred wealthiest Americans in 2018. The primary sources of Gabe’s fortune are his games, which he releases through his company, ‘Valve Corporation.’ The digital distribution platform ‘Steam’ developed by Gabe Newell’s company has become the largest digital distribution platform in the world and has been making around $4.3 billion out of its 150 million users. He makes a considerable amount of money as he owns half the stakes of the company.
The defect in Gabe Newell’s eyes did not prove detrimental to his dreams. He succeeded in achieving laurels in computer programming. His life encourages people with various anomalies or serious diseases to pave their paths to reach goals and touch heights.