Chuck Norris
Banned
Wow I had no idea
Is he then the wealthiest man in the industry?
Is he then the wealthiest man in the industry?
-
Hey, guest user. Hope you're enjoying NeoGAF! Have you considered registering for an account? Come join us and add your take to the daily discourse.
Gabe Newell is #134 on Forbes' richest people of USA 2016 list
- Thread starter ashecitism
- Start date
Yeah but he still owns half of Valve as well.
WaterAstro
Member
all the dude makes is CS:Go skins and doesn't put in any effort into anything else
Chaos2Frozen
Member
Look at all that not-Half Life money
Seems he rose big time from 2015 to 16.
Venus Van Dam
Neo Member
So that's how Steam works?
Goose_Se7en
Banned
Lol.
His early millions were from that, the rest is from Steam.
BinaryBear07
Member
This means we are finally getting HL3.
RIGHT???
RIGHT???
BoosterDuck
Banned
Robot Pants
Member
Maybe he should finally step down and retire and let someone else take over.
Maybe we'd get an actual game out of them finally. Dare I say even a Half- Life sequel?
Maybe we'd get an actual game out of them finally. Dare I say even a Half- Life sequel?
pretty done
Member
Millions, Steam earned him billions
And the development team for Dota plays Heroes of the Storm.
Or they would go public and then investor would shit on everything Valve's been building these last few years.
I hope Gabe Newell doesn't retire anytime soon.
The biggest PC games aren't even on steam, wut?
They absolutely all were for years though (aside from Blizzard games); and Valve is a private company with very low expenses.
Grosso modo, yes, exactly!
Too busy enjoying the updates Valve puts in to their games for free.
It'd be a turd, but borderlands 3 would be incredible.
Fancy Clown
Member
A life of not making Half Life 3 is a life of poverty
Steam barely accounts for much for the PC industry. Battle.net and Blizzards offerings alone probably eclipses Steam worldwide, never mind the other behemoths in China
Audioboxer
Member
LOL
When people ring the "monopoly!" alarm bell, it's usually with the assumption that monopolies will subvert the quality of their supply or raise prices without the counterbalance of competition.
In Steam's case, their """monopoly""" comes from actually lowering prices beyond all reason. What would be the consumer-side benefit if Steam's dominance is broken up? In a hypothetical world where GOG, GMG, Amazon, Uplay, Origin, UWP, Steam, etc. each have a similar amount of marketshare, alongside various independent digital game distributions like Minecraft and League of Legends, what would they actually be competing for?
Lower prices? We already have that! And it would result in massive client bloat as well.
In Steam's case, their """monopoly""" comes from actually lowering prices beyond all reason. What would be the consumer-side benefit if Steam's dominance is broken up? In a hypothetical world where GOG, GMG, Amazon, Uplay, Origin, UWP, Steam, etc. each have a similar amount of marketshare, alongside various independent digital game distributions like Minecraft and League of Legends, what would they actually be competing for?
Lower prices? We already have that! And it would result in massive client bloat as well.
callmeCata
Banned
People talking about valve's "monopoly" make an interesting argument.
It is kind of like how google "monopolize" the internet and no one cares because the services they provide are mostly superior to the competition.
Dude put together a killer service and its making him bank. Good for him.
It is kind of like how google "monopolize" the internet and no one cares because the services they provide are mostly superior to the competition.
Dude put together a killer service and its making him bank. Good for him.
itwasTuesday
He wasn't alone.
Solid diamond knife.
Wyndstryker
Member
AHA-Lambda
Member
???
Source on that cos I just don't believe you.
There is no way Battle.net is bigger than Steam
Vulcano's assistant
Banned
Wow I expected Lucas to be loaded, but Spielberg is rich as hell too. Gabe is understandable, he's the owner of a massive business that sells things every second.
From where do you guys think most of Spielberg money comes from? Can't be box office percentages alone, can it?
From where do you guys think most of Spielberg money comes from? Can't be box office percentages alone, can it?
World of Warcraft is still a beast in revenue. And Overwatch is above any Steam game too. I don't think if it's bigger but their games makes a lot of money.
Felix Lighter
Member
Free pass? People are constantly complaining about Valves move away from developing single player titles. Though comparing Valve to the first party console manufacturers doesn't make much sense.
That's an exaggeration; at least in the Western market Steam is likely the largest single source of sales.
Yes, huge players exist outside of Steam, but Steam does several billion a year in revenue most likely.
Here's an estimate from 2015:
http://gearnuke.com/steam-sales-2015-valve-generated-total-3-5-billion-paid-games/
And the company I believe is outright owned by 2 people, and doesn't have many employees or big costs. It's why Gabe is so filthy rich.
He could probably sell Steam for far more than he is worth now too.
Probably because PC gamers already have a massive backwards-compatible library of games they can play and also get more new games than the consoles.
callmeCata
Banned
I would buy in as well, but man the possibility of valve being destroyed by a hostile takeover is so not worth it.
MadJackChurchill
Banned
Gabe Newell 2020.
"Make America Wait Again"
"Make America Wait Again"
Jaguar Victory
Member
World of Warcraft is still a beast in revenue. And Overwatch is above any Steam game too. I don't think if it's bigger but their games makes a lot of money.
Is that just for that month?
Abilidebob
Member
1 through 7 aren't on Steam.
BoosterDuck
Banned
and the HTC Vive is going to bring him more wheelbarrows of money too
nothing stops the GabeN train