Gabe Logan Newell, often called GabeN, is a prominent American figure in the video game industry. He co-founded and serves as the president of Valve Corporation, a highly influential game development and digital distribution company. Valve is responsible for critically acclaimed games like Half-Life, Portal, and Counter-Strike, and operates Steam, the leading PC game distribution platform. Newell's leadership has significantly shaped the landscape of PC gaming, fostering innovation and providing a platform for independent developers. He is known for his direct engagement with the gaming community and his influence on digital distribution models.
On November 3, 1962, Gabe Logan Newell, also known as GabeN, was born. He would later become an American video game developer, businessman, president, and co-founder of Valve Corporation.
In 1971, Gabe Newell played a Burroughs mainframe version of the Star Trek game, which was the first game he ever played.
In 1980, Gabe Newell enrolled at Harvard University to study programming.
In 1993, the first-person shooter game Doom, developed by id Software, was released and had a significant impact on Gabe Newell.
In late 1995, it was estimated that Doom was installed on more computers worldwide than Microsoft's new operating system, Windows 95.
On August 24, 1996, Gabe Newell and Mike Harrington founded the video game company Valve after being inspired by Michael Abrash's move to id to work on Quake.
In 1996, Gabe Newell and Mike Harrington left Microsoft to found Valve Corporation, with the purpose of funding the development of their first game.
In 1998, Gabe Newell and Mike Harrington funded the development and release of Valve's first game, the first-person shooter Half-Life, which achieved critical and commercial success.
In 1998, Valve released their first game, Half-Life, which was a critical and commercial success.
In 2000, Mike Harrington sold his stake in Valve to Gabe Newell and subsequently left the company.
In 2003, Gabe Newell led the development and launch of Steam, Valve's digital distribution service.
In 2004, Gabe Newell gave Valve no deadline and a "virtually unlimited" budget to develop Half-Life 2.
In 2006, Gabe Newell underwent one of two cornea transplants to cure Fuchs' dystrophy.
In 2007, Gabe Newell expressed his displeasure with developing for game consoles, particularly criticizing the development processes for Sony's PlayStation 3, calling it a "waste of everybody's time".
In 2007, Gabe Newell underwent a second cornea transplant to cure Fuchs' dystrophy.
In 2009, IGN named Gabe Newell one of the top 100 game creators, acknowledging Valve's influence on game design, technology, and the video games industry.
In December 2010, Forbes listed Gabe Newell as "A Name You Need to Know", primarily for his work on Steam and partnerships with major developers.
At Sony's keynote at E3 2010, Gabe Newell acknowledged his past criticism of the PlayStation 3 but announced a port of Portal 2, stating that with Steamworks support, it would be the best version for any console.
By 2011, Steam controlled the majority of the market for downloaded PC games.
In 2011, Gabe Newell stated his favorite video games included Super Mario 64, Doom, and a Burroughs mainframe version of the 1971 Star Trek game.
At the 2013 LinuxCon, Gabe Newell stated that the Linux operating system and open-source development were "the future of gaming." He also criticized proprietary systems of companies like Microsoft and Apple for stifling innovation.
In 2013, Gabe Newell was added to the Academy of Interactive Arts & Sciences Hall of Fame and received the BAFTA Fellowship for his contributions to the video game industry.
In October 2017, Forbes listed Gabe Newell among the 100 wealthiest people in the United States, with an estimated net worth of $5.5 billion.
As of 2019, Gabe Newell and Lisa Mennet had divorced.
In October 2020, Gabe Newell applied for permanent residency in New Zealand after staying there due to the COVID-19 pandemic.
In 2020, Gabe Newell and Yahn Bernier created a car racing team, the Heart of Racing, to raise funds for children's charities. Also in 2020, Newell collaborated with Weta Workshop and Rocket Lab to send a gnome figure from Half-Life 2: Episode Two into space, donating $1 for every person who watched the launch video in 24 hours to a children's hospital in Auckland, New Zealand.
In December 2021, Forbes estimated that Gabe Newell had a net worth of $3.9 billion and owned at least one quarter of Valve.
As of 2021, Gabe Newell owned at least one quarter of Valve and was estimated to be one of the wealthiest people in the United States.
By 2021, Gabe Newell had returned to Seattle after initially staying in New Zealand due to the COVID-19 pandemic.
In November 2022, Inkfish, Gabe Newell's marine research organization, purchased the Hadal Exploration System, a private deep-sea exploration platform, from Victor Vescovo.
As of 2024, Gabe Newell had become less involved in Valve and was spending more time on personal projects.
In May 2025, Starfish Neuroscience, which was co-founded by Gabe Newell, announced that their first chip will be released in late 2025.
In August 2025, Gabe Newell acquired the privately owned yacht manufacturer Oceanco.
As of 2025, Forbes estimated Gabe Newell owned at least half of Valve, making him the wealthiest person in the video games industry, with an estimated net worth of $11 billion.
In 2025, Forbes estimated that Gabe Newell owned at least half of Valve and had a net worth of $11 billion, making him the richest person in the video game industry.
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