Friday, October 20, 2017

Gaming: "Steam Boss Gabe Newell Is One of America’s 100 Richest People According to Forbes"

We've been reluctant to link to this site, they are banned from a couple sub reddits for failure to disclose/link to original sources and/or fake news but some months ago that seemed to change for the better. This is a test on our part with this heads-up:
WCCFTech has sort of been considered "nerd clickbait", posting all sorts of rumors and unconfirmed information about unreleased hardware. My question is, how frequently have they been accurate? How frequently have they been wrong?
I see all these leaks but I have no clue whether I should believe them.
Here's the PC Gaming subreddit and their website blacklist of banned domains.
And here is the Hardware subreddit thread.

From WCCFTech:
How much does being the Pope of PC Gaming pay, exactly? Valve co-founder Gabe Newell maintains a fairly humble public image, but the guy gets a cut of every game sold on Steam, so he has to be doing pretty well for himself. Turns out that’s a massive understatement.

According to Forbes, Newell is now one of the 100 richest people in America, with approximately $5.5 billion in his coffers. That’s enough to put him in a 10-way tie for 97th place. It also makes ol’ Gaben the 43rd richest tech billionaire in America, and the 427th richest person in the world. Newell’s ranking should continue to rise over the coming years – according to Forbes’ estimates, he was only worth 4.1 billion in 2016. Steam isn’t going anywhere, and neither is Newell’s Uncle Scrooge-like flow of cash.

For the sake of comparison, Gabe Newell is currently worth more than Uber founder Travis Kalanick (115th), George Lucas (118th), Marvel Entertainment CEO Isaac Perlmutter (179th), and Steven Spielberg (206th). He still lags well behind tech giants like Elon Musk (21st), Mark Zuckerberg (4th), and the big dog, Bill Gates. Come on everybody, buy more loot boxes! Re-buy Portal! Maybe if Newell makes a few more billion he’ll finally be able to buy some new polo shirts....MORE
The creator of Minecraft, Markus Persson is probably more famous but trails in the billionaire stakes at $1.4 bil.
There are a half-dozen folks from Asia ahead of both Persson and Newell.