Valve estimated to be worth over $3 billion

Forbes reports privately-held game developer Valve is estimated to be worth more than $3 billion. Valve co-founder Gabe Newell owns more than 50 percent of the company, giving him an estimated net worth of $1.5 billion. The magazine puts him 854th on the list of 1,226 global dollar billionaires.
Privately-held Valve Corporation is tight-lipped about revenues, and Newell doesn’t comment on his personal finances. So in order to estimate his net worth, Forbes consulted with video game industry insiders, equity analysts, investment bankers, and technology analysts to figure out what the company is worth. Even the most conservative estimates put Valve’s enterprise value at more than $3 billion, a... »read more

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