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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
So true
Wow.
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.
Valve was making bank before lootcrates, and lootcrates have been available to kids since trading card games.
Sure, we know loot boxes are bad because they exploit the psychology of gambling. But what about Steam sales? They’re exploiting FOMO, hoarding/collecting psychology. We know that Steam users are buying billions of dollars worth of games they never play.
Now you're being actually ridiculous. "Sales are bad"? Really?
This dude is 100% correct and I have no idea why people are downvoting him. Sales make people more likely to buy a product due to being limited. Limited time sales work better than lowering prices in the long term.
It's why indie games do stuff like release their new games with time-limited 10% off discounts.
Regular sales are FOMO? Come on.
They hated him because he spoke the truth.
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.
I think you missed the point. No one was talking about Android or iOS. We were talking about Windows and Linux.
Valve's investment in Linux began back in the Windows Vista days when MS tried to control Windows the same way that Apple does with iOS.
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.
I would 100% still work if I were rich. The only thing that would change is when and what I work on.
Helps to keep a healthy routine.
Nothing worse than an unstructured day where you mentally waste away.
I still manage to do that with a job 😎👉
He said he's having fun 🤪
not my friend, but not as clearly my enemy as many other wealthy people
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... earned...
How do you do fellow temporarily embarrassed billionaire?
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.
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.
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.
I do, that's why I said something.
And nobody has "earned" that much wealth. Absolutely no one.
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.
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.
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
He's last on the list to be eaten though.
Unfathomably based, let the man scuba dive in peace.
G*mers: "that's not going to stop me. I can't read"
Name 2.
Me, the last time I visited Iran and had a look at their exchange rate.