Steam Billionaire Gabe Newellโ€™s $500 Million Superyacht Proves Gaming Money Hits Different
โ€” 18 November 2025

Steam Billionaire Gabe Newellโ€™s $500 Million Superyacht Proves Gaming Money Hits Different

โ€” 18 November 2025
Garry Lu
WORDS BY
Garry Lu
  • President & Co-Founder of Valve Corporation, Gabe Newell, is finally enjoying the fruits of his intellectual labour after taking delivery of the Oceanco superyacht Leviathan.
  • Priced at a staggering US$500 million, in addition to the 364-footer, Newell has also recently acquired Oceanco itself from fellow billionaire Mohammed Al Barwani.
  • Gabe Newellโ€™s current net worth is approximately US$11 billion.

Gabe Newell has essentially been treating his life like a video game.

Particularly that end stage of post-campaign completion, where you knock out whatever side quests tickle your fancy and throw random cash at ridiculous vehicle upgrades (and the shop that it came from).

RELATED: Tom Cruiseโ€™s Next Mission? Taking Delivery Of His $30 Million-Plus Nautor Swan Sailing Yacht

At least thatโ€™s how weโ€™re characterising the Harvard dropout, early Microsoft employee, and video game developer of Valve/Steam renownโ€™s recent shopping spree โ€“ not only has he taken delivery of his US$500 million superyacht Leviathan, built by Oceancoโ€ฆ heโ€™s also bought the entire Dutch shipyard itself for โ€œan undisclosed sumโ€ from Omani businessman Mohammed Al Barwani.

โ€œWorking with the team at Oceanco is incredibly enjoyable and a lot of fun; everybody is professional, creative and dynamic,โ€ said Newell (via Boat International).

โ€œWe knew we were asking for unusual things, and Oceanco embraced it with open arms. Not only have we designed a very unusual yacht that leans into Oceancoโ€™s strengths of innovation and design, but the team has also been willing to collaborate with us on evolving the process.โ€

Oceanco CEO Marcel Onkenhout explained: โ€œWhat makes Leviathan so unique is the way she came to life. From the very start, we knew nothing about her would be done in a traditional way.โ€

โ€œWe were welcomed into the team alongside Gabe and everyone who would ultimately be involved in operating her. It is this level of collaboration that sets Leviathan apart from anything weโ€™ve built before.โ€

Onkenhout added that, following its sea trials, Leviathan โ€“ which spans 364ft (111 metres) in length with a beam of 58ft (17.7 metres) โ€“ is officially the โ€œmost comfortable yacht ever designed, built and delivered by Oceancoโ€; while the shipโ€™s captain Alan Pike revealed the vessel is โ€œremarkably quietโ€ with extraordinarily low noise and vibration levels (even at full speed).

In lieu of more traditional (and more high-maintenance) materials such as teak decks and wooden handrails, GabeN and Oceanco have opted for composite alternatives and full-height glass superstructure bulkheads to reduce upkeep while still looking like half a billion dollars. Durable yet easy-to-care options such as honed stone and natural wool carpets were also chosen to minimise tedious maintenance.

The most notable features?

Thereโ€™s the almost obligatory gaming lounge (15 high-performance stations, two racing sims) on the bridge deck, a 250-square-metre beach club with spa and bar, diving platforms, a basketball court, as well as a pair of gyms.

If you were to find yourself on the main staircase, youโ€™d come across a glass panel engraved with the names of the 2,000+ involved with bringing Leviathan to life.

Beyond that, however, are the far less common submarine garage, dive centre, full laboratory, hospital with a full suite of medical equipment and live-in nurse, plus a 3D printing workshop โ€“ necessary additions considering Gabe Newellโ€™s other great passion of marine research and conservation.

RELATED: Amangati, Amanโ€™s First Superyacht, Sets Sail In 2027

โ€‹Side note: as the proprietor of marine research organisation Inkfish, prior to the arrival of Leviathan, GabeN already owned several superyachts and a โ€œsmall fleet of sea-faring vehicles,โ€ including the research ship Limiting Factor, which holds the record for the deepest crewed dives in all five oceans.

Leviathan is powered by diesel-electric propulsion mated to battery storage that enables extended periods of silent, emission-free operation. On the environmentally-friendliness front, the yacht also houses an advanced wastewater treatment system and a waste-heat recovery system.โ€‹

According to Fortune, Newell is now awaiting another 100-metre research vessel estimated to cost US$300 million (and ostensibly from Oceanco).

Garry Lu
WORDS by
After stretching his legs with companies such as The Motley Fool and the odd marketing agency, Garry joined Boss Hunting in 2019 as a fully-fledged Content Specialist. In 2021, he was promoted to News Editor before departing the team in 2025. Garry proudly retains a blue belt in Brazilian Jiu-Jitsu, black bruises from Muay Thai, as well as a black belt in all things pop culture.

TAGS

Share the article