this post was submitted on 18 Jul 2025
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Casual reminder that Gabe Newell owns 6 yachts worth an estimated US$1 billion and that he is not your friend.
Class consciousness leaving my body when the money hoarder owns the store I buy treats from
Gabe Newell is better than many others, but this is true, the best man on Earth will become an absolute pissbag given power for continuous enough period of time to realize that.
And the best man on Earth is probably some volunteer medic in some African warzone, not a computer programmer and a tech businessman.
Maybe it's you!
We believe in you, rottingleaf!
Wow.
Not sure exactly what you're trying to say here but I guarantee 0% of that wealth came from his investments in Linux support. Their investment in Linux is mostly a way of keeping MS in check, as in "if you try to fuck us the way Apple does with iOS, your customers will leave Windows because they'd rather have something where they can play their giant library of existing games".
Hey if Gabe wants to make Linux phones something to be taken seriously I’m all for that. Until then, Gemini creeps me the fuck out so no android. I can tolerate Siri being fucking dumb.
A huge chunk of that Linux development was paid for by exploiting child gambling.
Just because one does a few good things with their money, doesn't justify how they got it.
There is no ethical consumption under capitalism.
Injustice anywhere is a threat to justice everywhere.
We can nitpick specific examples for everything you want, and we will be correct, but that detracts from the point that Gabe has helped to build things that took decades of slowly getting anywhere.
I wish we didn't need it, but we do.
They hated him because he spoke the truth.
Man who didn't want his business to be completely reliant on Microsoft, made a decision to ensure his money in the future
I don't take issue with rich people. Owning boats worth US$1 billion is past the point of rich.
Why are you taking the worth for granted though?
I just dont understand miney obsessed people. Why the hell do you need multiple yachts? Why even work at this point when you could just .. not? You would still afford everything you ever want without ever checking your bank account. I just dont get it.
He said he's having fun 🤪
I would 100% still work if I were rich. The only thing that would change is when and what I work on.
He probably enjoys working. Lots of people like to feel like they're making things happen
That includes some bad people too ... Well, I dunno how bad, just a certain Larry Ellison still loves working, or so I've heard. Or Bill Gates.
So what?
That's for every individual reading this to decide. It will either mean something or nothing to you.
Personally, I don't think billionaires should exist. Even the ones that I think have done cool things. And I definitely don't think anyone needs 6 yachts in a world that is burning.
Gabe shouldnt be able to have the money he has, but his yacht ownership isn't the issue many are making when pointing it out. One is his home, full time, any home he was going own was realistically going to suck for the environment. Last I read the others are all like research vessels, emergency medical facilities for disaster relief, and humanitarian aid, and shit. Not like a zuck's smaller yacht to act as a helipad for his larger yacht thing.
maybe some day we will have a system that prevents people from having that much money, until then any place with an active enough economy has some assholes owning yachts.
Yeah, it's in the intersection of two "doubt" points making one "almost sure" points.
First, people getting power get spoiled fast, it's not possible to resist, it's as if I could have any girl I like and she'd like me and I knew that, just no chance to avoid a sensory burnout after a few months of, eh, feeling that. The possibility that a person can resist that is very small, people like Aristotle Onassis, maybe.
Second, if one person is worth, say, 12000 times more than another person, it's important to ask whether they really are, or they can be replaced with like 50 of equals of that another person with proper organization and discipline. The possibility that they really are is almost negligibly small, there are a few people alive for whom one can suggest that and maybe more, but most are like those people we know and love.
I can imagine Gabe Newel being worth 100, maybe 1000 times me for the humanity, purely financially, but something of bigger orders of magnitude seems preposterous. Not even touching upon money affecting our relative legal power balance, where even factor 2 difference is just morally not acceptable.
Not that I'm of any bad opinion of Gabe, Steam is one today's company that both doesn't abuse its customers too much and does a lot of work on the positive side.
I'd argue that's precisely when you need 6 yachts, possibly more.
If the coasts are gonna flood you should porbably own things that float.
He earned his money. Who cares how many yatchs he decided to buy with it?
No one earns a billion dollars.
Yeah... earned...
How do you do fellow temporarily embarrassed billionaire?
He exploited gambling addictions and taking 30% from devs by doing nothing. Earned is a pretty strong word.
LMAO tell me you are not a dev without telling me.
Steam does a shitton for devs, the 30% is literally only for sales through their storefront, I can get any amount of keys and resell them wherever I want and give valve nothing, and they'll still host all my shit, check ownership, handle copy sharing in family libraries, handle patching and beta tests, all for a one time fee that is even refunded if you ever get past a certain amount of copies sold.
You have no idea what the fuck you're talking about.
I am literally a dev
If you're a game dev, then you should also know how valuable every service steam gives is, if you're just "a dev" then it's not really relevant beyond understanding how much setting up all of that infrastructure would cost in terms of time, effort, marketing to actually get discoverability, and actual server costs once you need to scale.
Either way you should know enough to get that 30% is absolutely worth it.
Gaben is a billionaire many times over, he owns half a dozen yachts, and valve has like 100 employees. They could take 5% without changing a single thing and still be fabulously wealthy. Greed corrupts
They could, but why would they when 30% is fair still? You are not entitled to setting other people's asking price, and they are entitled to setting the cost of their own labour.
If anyone is greedy here it's you, demanding to have a say in how much is a fair rate for someone else's time and skill.
If this was true steam would have failed from the start. Instead, the service actually does offer a ton of benefits to both users and developers/publishers including distribution of sales, updates, additional features like forums, friends, and other things that have varying levels of positive or negative benefits to different people. That isn't even mentioning Proton or the steam deck, just what it between the makers of the games and the people who play them.
Lootboxes are bullshit, sure. He should have spread out the benefits more to the employees as well. But the 30% cut for 'nothing' is incorrect.
Valve only cares about Linux so far as their cut is concerned it’s not a humanitarian mission. The entire steam platform is incredibly dated, I mean it’s still 32 bit only for fucks sale, they developed a reasonable feature set two decades ago and have been coasting on their laurels ever since. Devs can’t complain because there’s no better alternative, it’s a captive market.
Steam has been coasting on the fact that everyone shoots themselves in the foot, sure, but you should look into the unparalleled level of "free" (30% cut) marketing support Steam gives to developers. On no other platform could developers end up with the visibility they achieve on Steam with nothing more than very strategic timing and good social media presence. It's still insanely hard, but the fact that it's even possible to compete with zero marketing budget against AAA companies speaks volumes.
I do, that's why I said something.
And nobody has "earned" that much wealth. Absolutely no one.
You've got bigger issues if all you care about someone is their monetary wealth.
I don't think anything I said implies that it's all I care about friend, and I'd say you don't care enough.
Greedily taking up an obscene excess of resources and producing crazy amount of emissions and pollution makes the planet less livable for the rest of us. Yachts do those things.
Indeed so what. I just need to come up with steam 2.0. And I will call it.. ELECTRICITY
G*mers: "that's not going to stop me. I can't read"
He's last on the list to be eaten though.
Some billionaires are ok.
Name 2.
Unfathomably based, let the man scuba dive in peace.