<?xml version="1.0" encoding="UTF-8" standalone="yes"?><oembed><version><![CDATA[1.0]]></version><provider_name><![CDATA[GameUP24]]></provider_name><provider_url><![CDATA[https://gameup24.wordpress.com]]></provider_url><author_name><![CDATA[William A.]]></author_name><author_url><![CDATA[https://gameup24.wordpress.com/author/louzwate/]]></author_url><title><![CDATA[Here&#8217;s How Much Valve Boss Gabe Newell Is Reportedly&nbsp;Worth]]></title><type><![CDATA[link]]></type><html><![CDATA[<div><img src='https://i0.wp.com/static.gamespot.com/uploads/screen_medium/mig/6/0/9/6/806096-437678_20070706_003.jpg' style='max-width:600px;' /></p>
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<p>Business magazine <em>Forbes </em>has put out its annual list of the world&#8217;s 400 richest people&#8211;and Valve boss Gabe Newell made the cut. <a href="http://ift.tt/1KKcOl9">According to the magazine</a> (<a href="http://ift.tt/2j58ILM">via Kotaku</a>), Newell is worth $4.1 billion.</p>
<p>A <em>Forbes </em>report from 2012 said <a href="http://ift.tt/1T9NlZ6">Valve the company was worth $3 billion at the time</a>. Given that Newell reportedly owns half the shares in the video game firm, his net worth was estimated to be $1.5 billion then. If the new numbers are accurate, it&#8217;s been a good four years for Valve and Newell.</p>
<p>The magazine&#8217;s new estimate of $4.1 billion for Newell&#8217;s net worth puts him ahead of film director Steven Spielberg ($3.7 billion), entrepreneur Mark Cuban ($3.2 billion), and Oprah ($2.8 billion). Microsoft founder Bill Gates tops the list this year with a net worth of $81 billion, well ahead of the world&#8217;s second richest person, Amazon founder Jeff Bezos ($67 billion).</p>
<p>Unlike Activision, EA, Take-Two, Ubisoft, Nintendo, Sony, and Microsoft, Valve is not a publicly traded company. That&#8217;s part of the reason why we don&#8217;t officially know Valve&#8217;s net worth. Some publicly traded companies also disclose their executives&#8217; salaries, but Valve doesn&#8217;t do this since it&#8217;s private.</p>
<p>You can see <em>Forbes</em>&#8216; full list of the world&#8217;s richest people <a href="http://ift.tt/1KKcOl9">here</a>.</p>
<p>During a Reddit AMA in 2014, Newell revealed that he<a href="http://ift.tt/1cstIrc"> donated $1 million to charity</a>. He will <a href="http://ift.tt/2j2A7Oq">hold his next AMA today, January 17, starting at 3 PM PT / 6 PM ET</a>.</p>
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<p><em>Source: <a style="text-decoration:none;" href="http://ift.tt/2k18glN">GameSpot</a></em></div>
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