Thursday, March 8th 2012

Valve Corporation Worth $3 Billion

Video games developer, publisher, and distributor, Valve Corporation is valued at US $3 billion. A privately-held company, Valve doesn't disclose its finances to the public. Forbes estimated its worth by consulting video game industry insiders, equity analysts, investment bankers, and technology analysts. Valve's co-founder and managing director, Gabe Newell, who owns over 50% of the company, has a net worth of $1.5 billion, making him the newest billionaire from the video games industry. He ranks 854th out of 1,226 global billionaires in Forbes' list. Apart from having largely successful game franchises such as Half Life, Counter Strike, Left4Dead, and Portal, Valve has arguably the most popular video games digital distribution platform, Steam. Steam distributes more than 1,800 titles, from 50 different publishers.

Source: Forbes
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27 Comments on Valve Corporation Worth $3 Billion

Obvious troll is obvious. Well LP enjoy playing with (snicker) Origin and (cackle) Ubisoft services for the rest of your gaming lifetime. Meanwhile I will be enjoying $5 triple-a titles and countless indie games.
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I play games
whitelotus said:
when is the steam box coming out?
valve time
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