Gabe Logan Newell, also known as Gaben, is a prominent American figure in the video game industry. As the president and co-founder of Valve Corporation, he has been instrumental in the development of iconic games and the creation of the Steam platform. Steam revolutionized digital distribution and became a dominant force in the PC gaming market. Newell's leadership has shaped the landscape of modern gaming, influencing game development, distribution, and community engagement.
On November 3, 1962, Gabe Logan Newell, later known as Gaben, was born. He would become a prominent American video game developer and businessman, as well as the president and co-founder of Valve Corporation.
In 1971, Gabe Newell played the Burroughs mainframe version of Star Trek, which was the first game he ever played.
In 1983, Gabe Newell dropped out of Harvard University to work at Microsoft.
In 1993, id Software developed and released the first-person shooter game Doom.
In late 1995, it was estimated that Doom, created by id Software, had more installations than Microsoft's Windows 95 operating system. Newell stated that id's distribution methods using bulletin boards was a "lightning bolt".
On August 24, 1996, Gabe Newell and Mike Harrington founded the video game company Valve, inspired by Michael Abrash's move from Microsoft to id Software.
In 1996, Gabe Newell and Mike Harrington left Microsoft to establish Valve Corporation, initiating the development of their first game, Half-Life.
In 1998, Gabe Newell and Mike Harrington funded the development and release of Half-Life, Valve's first game, which became 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 a "virtually unlimited" budget for the development of Half-Life 2, promising to fund it himself if necessary.
In 2006, Gabe Newell underwent a cornea transplant to treat Fuchs' dystrophy.
In 2007, Gabe Newell expressed his frustration with developing for game consoles, particularly Sony's PlayStation 3.
In 2007, Gabe Newell had a second cornea transplant to fully cure his Fuchs' dystrophy.
In 2009, IGN recognized Gabe Newell as one of the top 100 game creators, noting Valve's immense influence on game design, technology, and the video game industry.
In December 2010, Forbes listed Gabe Newell as "A Name You Need to Know," primarily for his work on Steam and partnerships with multiple major developers.
At Sony's keynote at E3 2010, Gabe Newell acknowledged his previous criticism of the PlayStation 3 but announced a port of Portal 2, emphasizing that with Steamworks support, it would be the best version for any console.
By 2011, Steam controlled a significant portion of the PC game download market. At a technology conference in Seattle that year, Gabe Newell advocated for offering a superior user experience as a means to combat software piracy, highlighting Steam's success in Russia.
By 2011, Steam controlled the majority of the market for downloaded PC games.
In 2011, Gabe Newell mentioned his favorite video games, including Super Mario 64 and Doom.
At the 2013 LinuxCon, Gabe Newell stated that the Linux operating system and open-source development were "the future of gaming", criticizing proprietary systems for stifling innovation.
In 2013, Gabe Newell was inducted into 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, estimating his net worth at $5.5 billion.
In 2019, Gabe Newell and Lisa Mennet divorced.
In October 2020, Gabe Newell applied for permanent residency in New Zealand.
In 2020, Gabe Newell and Yahn Bernier created the Heart of Racing car racing team to raise funds for children's charities. Also in 2020, Newell collaborated with Weta Workshop and Rocket Lab to launch a gnome figure from Half-Life 2: Episode Two into space for charity, donating $1 for every view of the launch video.
In December 2021, Forbes estimated that Gabe Newell had a net worth of $3.9 billion and owned at least one quarter of Valve. According to Charlie Fish, he was the richest person in the video game industry.
As of 2021, Gabe Newell owned at least one quarter of Valve and was considered the wealthiest person in the video game industry.
By 2021, Gabe Newell had returned to Seattle after staying in New Zealand during the COVID-19 pandemic.
In November 2022, Inkfish, Gabe Newell's marine research organization, acquired the Hadal Exploration System from Victor Vescovo.
As of 2024, Gabe Newell had become less involved in Valve, spending more time on personal projects.
By 2024, Gabe Newell's net worth was estimated to be $9.5 billion.
In 2024, Forbes estimated that Gabe Newell owned 50.1% of Valve and had a net worth of $9.5 billion.
In May 2025, Starfish Neuroscience announced that their first chip would be released in late 2025.
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