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Gabe Newell caps off Steam Machine week by taking delivery of a new $500 million superyacht with a submarine garage, on-board hospital and 15 gaming PCs
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> But it seems like almost every other storefront operates under those margins for digital sales (not just in gaming) Notable that Epic Games takes only a 12% cut, and 0% of the first $1 million in sales (effectively 0% for the vast majority of indie games). A cynical take is that they're just doing this to attract developers to their store, which is almost certainly true, but it doesn't necessarily mean they'll take a higher cut if they become dominant. Unfortunately the Epic Games platform is missing the majority of extra features that Steam has (built in streaming, family share, input binding, big picture mode, etc) Tim Sweeney, CEO of Epic Games, is about 80% as wealthy as Gabe Newell, and has done much more philanthropy, although it only represents probably less than one percent of his net worth.
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I would probably donate most of it to a worthy cause. I don't need anywhere near that amount of money, anything over $5M gets donated.Talk is cheap.
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Most comments ITT boil down to two things: * "cat shit is shit, so it's the same as elephant shit" * "cat shit is not the same as elephant shit, so it's not shit"
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Gabe is a pretty good billionaire. He has made a lot of people happy. He doesn't spend his money trying to manipulate society. I think Gabe deserves a new yacht.
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Perks of not taking your company public? I hate two comma mfers as much as the next red blooded American, but Gabe ain't the one.
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Developing a good game is not only a money problem.
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Whether the concept of billionaires is bad is irrelevant when deciding whether one specific billionaire is bad.> Whether the concept of billionaires is bad is irrelevant when deciding whether one specific billionaire is bad. Threre is no such thing as an ethical billionaire. An ethical billionaire doesn't remain a billionaire. If a suddenly recieved a billion dollars I'd be looking into the best way to donate most of it. I'm sure I could survive for the rest of my life just fine on $500 million dollars, and whatever causes I'm donating my money to know what they need and how to spend it better than I would by offering them a couple of rooms on my third yacht.
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How? All you're really doing here is stereotyping rich people. For example, Americans are generally fat (higher obesity rate than much of the world), but that doesn't mean *all* Americans are fat. To determine whether a random American is fat, we need to actually look at them, not just know their nationality.
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that moment when the One Good Billionaire
casually orders a boat that costs several times more money than most of us will ever see in our lifetimes 
i get that there's worse out there but i'm tired of people acting like newell is a saint... he's just another billionaire. -
What is it with millionaires and yachts? I hate boats, even on a calm day in a lake which is only about 2 m deep I'm constantly convinced the damn thing is going to sink. Do people actually like being on boats, it's basically like being in a cramped apartment that is really inconvenient to get to and from, that constantly experiences a never-ending earthquake, why is that anyone's idea of a good time? Also I *really* hope somebody has tested that submarine extensively.
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Perks of not taking your company public? I hate two comma mfers as much as the next red blooded American, but Gabe ain't the one.What you're after is a bit of socialism. We don't have to kill all the millionaires and billionaires, they are just required to contribute to the world more than they take, as long as they do that they can have their luxury yachts. The problem is almost none of them actually do contribute anything to the world and most of the ones that do contribute things that the world doesn't want. Elon Musk contributes a lot of electric cars to the world, which would be a good thing, it's just a shame they're all dangerous killing machines.
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Gabe is a pretty good billionaire. He has made a lot of people happy. He doesn't spend his money trying to manipulate society. I think Gabe deserves a new yacht.
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What is it with millionaires and yachts? I hate boats, even on a calm day in a lake which is only about 2 m deep I'm constantly convinced the damn thing is going to sink. Do people actually like being on boats, it's basically like being in a cramped apartment that is really inconvenient to get to and from, that constantly experiences a never-ending earthquake, why is that anyone's idea of a good time? Also I *really* hope somebody has tested that submarine extensively.Privacy and Security. You're out there where no paparazzi can take bikini pictures of you. It's easy to secure so that nobody can kidnap you. And take a look at the interior of those Yachts, they are not cramped. Look at this thing:  It's bigger than your home. It has its own helipad. It is 111m long.
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Elephant shit for you then :)\ (just kidding.)
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I've thought he was a piece of shit ever since he tried to monetize modding. He was so out of line, even [redditors downvoted him to hell](https://www.reddit.com/r/gaming/comments/33uplp/mods_and_steam/cqol9re/). I buy from gog or directly from the dev nowadays.
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What is it with millionaires and yachts? I hate boats, even on a calm day in a lake which is only about 2 m deep I'm constantly convinced the damn thing is going to sink. Do people actually like being on boats, it's basically like being in a cramped apartment that is really inconvenient to get to and from, that constantly experiences a never-ending earthquake, why is that anyone's idea of a good time? Also I *really* hope somebody has tested that submarine extensively.~~Millionaires~~ billionaires. It’s a dick-measuring contest from more civilised times.
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Valve’s profits are in the billions per year for a company of 350. Every employee down to the janitor and building electrician could be made a multi millionaire without shaving a zero off of Gabens net worthIn fairness, the employees are the highest paid in the industry, making well over 1/2 million a year + bonuses, and even the janitor I believe is well paid, from a leak that came out once in the news. They also have very few employees surprisingly. And they're private, so there's no "line must always go up" mentality either. Should they be paid even more? Yes, but compared to basically all other corporations, he's like last on the list. Not to mention gaming on Linux and open source software (and now, VR on Linux) has basically become possible and easily achievable thanks to Valve, so at least some of that huge money is going back directly to the relevant community. That's way more than can be said about any other tech company. He's still on the list, but he might be the furthest down.
![Lvxferre [he/him]](https://mander.xyz/pictrs/image/333d03a0-bcae-434b-a8d1-7dfd18962d20.jpeg "Lvxferre [he/him]"){kind=avatar}
