Tuesday, March 1, 2011

Gabe Newell - world's richest game entrepreneur ?

There has been lot of articles about how succesful Valve is, but now people are interest about how much money two owners (Gabe Newell and Mike Harrington) makes.

                                          
There is no published info about Valves finance, but revenue for one year is estimated to be hundreds of millions:  

"Steam made around $300 million to $400 million for Valve in 2010. Valve tells that the revenues for Steam and its own videogame publishing arm (Half-Life, Team Fortress, Portal) are comparable. So, doubling Steam’s revenue gives Valve around $600 million to $800 million in 2010 total revenues.writes Forbes.

So yeah, Gabe is probably by far the richest person in gaming industry.
Also worth of noting, that if Gabe and Mike decides to sell Valve,
they would receive around 2-4 billion dollars total.

- Noock

19 comments:

  1. Damn that guy's living my dream!

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  2. That's not a bad place to be coming from! Would you mind mentioning what "Valve" consists of - even though you stated its one of the greatest gaming revenue fronts, I've never heard of it. Please excuse my incompetence, thanks.

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  3. 2-4 billion dollars holy shit! :o
    Followed dude :)

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  4. Well, valve has earned its spot. Still, the TF2 item guying stuff is ridiculous

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  5. thats friggin awesome! wish i was him lol

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  6. Damn, I wonder what he does with all that money.

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  7. I will also make money with gameing :D

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  8. Quite a bit of money. What games does he work with? I haven't heard of him.
    If you get a chance stop by my blog sometime.
    Rawbhal's Interwebular Emporium

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  9. he is rich but he is not good looking :D

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  10. wow...2-4 billion for some decent games...unbelievable

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  11. Thanks all for interest!

    And for question Giulzz asked: Valve is fast growing game company (privately hold) and it is market leader in digital games distribution with its Steam software, it also has lots of very succesful games (series) like Half-Life, Team Fortess etc.
    I have blog post earlier explaining bit about digital distribution markets and Valves place in it.

    - Noock

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  12. He may be rich and not good looking... but women will still sleep with him...

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  13. DAMN! Thats a lot of money! Your blog is interesting!

    http://thelpblog.blogspot.com/

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