Gabe Newell
United States

Valve Corporation


Cofounder / President

Launched by Newell’s company in 2003 as a standalone client for auto updates to Valve games, Steam is now the preeminent online storefront for PC gaming. Though it has a competitor in Epic Games Store, Steam sports the highest engagement, with 120 million monthly players and over 60 million daily players in 2020. Valve still makes games like 2020’s “Half-Life: Alyx,” but all eyes are on its Steam Deck handheld console. With shipments set for the first half of 2022, the Steam Deck can run users’ entire Steam libraries with more high-end tech than the Nintendo Switch, which has been the only major handheld system since Sony discontinued PlayStation Vita in 2019. If successful, the Steam Deck will expand games on handheld beyond the Switch’s third-party ports and assert Valve as a major hardware player.


  • Valve Corporation
  • Steam

Variety Honors

  • 2018 Variety500 Honoree


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News from Variety

Gabe Newell Struggles With Number Three in New 'DOTA2' Voice Pack (Watch)

Gabe Newell Struggles With Number Three in New 'DOTA2' Voice Pack (Watch)

Like a gamer Groundhog's Day, once a year during the "Dota2" International tournament Gabe Newell emerges from the shadows of Valve Software to see if he can say the number three or drop news about a new game the legendary software company is working on.Earlier this week, the founder of Valve announced that the company's digital collectible card game "Artifact" would soon be going into beta. But Wednesday he showed he still struggles with the number three, only being able...


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