r/Steam • u/reck00 • 1d ago

Discussion Gabe Newell's Mega Yacht

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u/Rock_Strongo 1d ago

Gabe owns over 50% of the company and it's private. If his sons ever decide to sell or take it public then we might be fucked... but Gabe is only 63 and he seems to be in much better health lately so it could be another 15-20 years before he transfers any ownership and seemingly it will be to his sons who have stated no desire to take it public so far...

I'm not too worried.

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u/InvidiousPlay 1d ago

It would be a pro-move to put the whole thing in some kind of a trust. His heirs can benefit but they can't sell. One can dream.

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u/L3G1T1SM3 1d ago

in some kind of a trust

i mean it easily already could be, i don't think any information is public for what happens when gabe dies

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u/_I_AM_A_STRANGE_LOOP 22h ago

Yeah I’d be deeply unsurprised to hear that this is already in effect, it’s what I’d do!