Gaben is the co-founder of the video game development company, Valve Corporation. He worked with the multinational technology company, Microsoft, where he was producing operating systems. Gaben is currently the co-founder and the president of Valve Corporation. Keep reading to know more about Gaben’s net worth in 2018.
Gabe Logan Newell was born on November 3, 1962, in Seattle, Washington, United States. His mother remarried after his father died. Information says that Gaben’s stepfather was an abusive one.
Gaben went to Harvard University but dropped out after 3 years, 1983, to work for Microsoft.
Since 1996, Gaben has been married to Lisa Newell. Gaben and Lisa are the parents of 2 children.
Gaben had a Fuchs’ dystrophy problem, but it was cured in 2007.
Gaben grew his interest in video games since he was a child, playing Atari games, and that’s when he wanted to be a video game designer. 1983, he started working for the multinational technology company, Microsoft, where he was the producer of several operating systems. Gaben did a lot of developments in Microsoft including the first 3 versions of the Windows, and several applications.
In 1996, Gaben and his co-worker Mike Harrington left Microsoft and started the video game development and distribution company, Valve Corporation. They developed their first video game ever, a first-person shooter game called Half-Life, and it was published in 1998, they also released another series of the game in 2004 called Half-Life 2.
Valve Corporation developed a 3D video game engine called Source, and its updated version Source 2.
Gaben with Valve Corporation developed and released many worldwide played games including a puzzle platform video game called Portal, 2003 released multiplayer first-person shooter video game Day of Defeat, 2008 released first-person shooter video game Left 4 Dead, and the most popular multiplayer online battle arena video game Dota 2. Valve Corporation is also the developer and publisher of the multiplayer first-person shooter video games series Counter-Strike, Counter-Strike: Source, Counter-Strike: Global Offensive, and Counter-Strike: Condition Zero.
Gaben acquired the video game developer company Turtle Rock Studios for Valve Corporation in 2008, but the arrangement ended in 2010-2011. Later, in 2012, Valve Corporation acquired another company called Star Filled Studios Inc., but after 1 year that arrangement was closed due to the lack of benefits.
Gaben keeps checking what people say online on forums and communities, he seriously takes in people’s suggestions and ideas on his company’s games to keep on enhancing and developing what people really want.
Awards & Achievements
Gaben has a great list of award nominations and winnings. So far, his award winnings include Game Developers Choice Award for Best Game (Half-Life 2), the British Academy Games Award for Best Multiplayer (Left 4 Dead, Left 4 Dead 2), Pioneer Award for breakthrough technology, game concept or gameplay design (2009), and British Academy of Film and Television Arts Fellowship Award (2013).
Net Worth of Gaben
Gaben has an estimated net worth of more than $5.5 billion. He made his fortune from the 12-13 years he spent at Microsoft, and then from the company he co-founded along with Mike Harrington, Valve Corporation. Gaben made around $2.2 billion in 2015 and more than $4 billion in 2016. Gaben made millions for producing the first 3 versions of Windows.
Gaben is one of the top 100 worldwide richest people in the technology industry, and one of the top 500 billionaires across the world. He worked for many years at Microsoft, then co-founded the gaming company Valve Corporation. Gaben is married to Lisa Newell, they have 2 children, and the family is happily living in Washington.