Valve, started back in 1996 by Mike Harrington and everyone’s favorite meme figure, Gabe Newell, has come a long way since their debut hit, Half-Life. They’ve gifted gamers with titles like Dota 2, Team Fortress 2, and Left for Dead 2 (notice a pattern?). But beyond making games, they struck gold with Steam, which rakes in a hefty chunk of the gaming industry revenue. With their influence in gaming, it’s no surprise people are curious about the Valve net worth. Now, let’s dive into some more specific Valve statistics to understand their impact better!
Valve key stats
In this section, we’re focusing on Valve, a giant in the gaming world. They’ve really made their mark, adapting and growing with the gaming scene. So, everyone’s big question is, how much is Valve worth? It’s no small number, considering their knack for hitting the gaming community’s sweet spot. Plus, it’s not just about awesome games; Valve’s earnings tell a story, too. The Valve revenue figures show how they’ve managed to stay so relevant in this fast-changing industry. Let’s dive into the details!
Valve net worth is $10 billion.
Valve earned $4.3 billion in video game revenue in 2017.
The company takes a 30% cut from all game revenue up to the first $10 million earned.
After $10 million is earned, Valve takes a 25% cut from all game revenue until $50 million is earned.
Past the $50 million point, the company just takes a 20% cut.
The stats regarding Valve’s revenue are a bit scarce because it is a private company and doesn’t tend to disclose its financial data for each year, so the information we have here to present is based on speculation and some interviews with financial analysts that were able to give some insight into the Valve situation. Nevertheless, from the available data, we can see that Valve is still a very successful company and we can only expect its revenue to continue growing over time.
Valve’s founder/owner, Gabe Newell is worth $3.9 billion.
His lowest net worth was $1.1 billion in 2013.
His highest net worth was $5.5 billion in 2018.
He is ranked #285 on Forbes’ 400 list.
He is ranked #764 on the Billionaires list.
He is ranked #43 on the Richest in Tech list.
Now we come to the man himself — Gaben. Gabe Newell is the co-founder of Valve and he was one of the main players in making sure that Valve would grow into the successful company it is today. He is most well-known in the Steam community for being a meme, largely because he (Valve) never seems to release third editions of any game, instead favoring keeping it to two in a series. He is also known for the “gaben take my money” meme as the sales that Steam frequently offers are excellent and users are happy to use the platform.
Valve’s Steam Deck has shipped one million units since its launch.
The Steam Deck was released on February 25th, 2022.
Estimates show Steam Deck sales could reach over 3 million units in 2023.
The Steam Deck supports 5,000 games.
The Steam Deck is probably Valve’s most ambitious project so far, where they planned to release a mini gaming PC that you can carry around with you
Valve’s most popular game is Counter-Strike: Global Offensive with 1.3 million peak concurrent players.
Dota 2 comes second at 1,295,114 peak concurrent players.
Next up is Team Fortress 2 at 151,253 peak concurrent players.
While Counter-Strike: Global Offensive is not the game with the highest-ever peak concurrent player count, it is still ranked very high in that regard, and Dota 2 is right beneath Counter-Strike, so they both paint a very good picture of Valve for everyone to see. These two games have an amazing amount of replayability and their sheer quality warrants their place so high on the leaderboard. The other Valve games have fallen off these records, but that is largely due to their nature and their gameplay style.
To sum up
Through the information we have presented here, we can see that Valve is a notoriously successful company that is hard to beat, both in regard to the quality of the games they make and the success of Steam as a platform in general. The company had humble beginnings, having been started as a means of making some interesting games, but it quickly and efficiently grew into a cornerstone of the gaming industry, and you can be sure that they are just going to improve their selection of games and services depending on what the market needs. We sincerely hope that you enjoyed the information we had for you and that your questions have been answered!
“Valve’s new Steam revenue agreement gives more money to game developers”. The Verge, 2018, https://www.theverge.com/2018/11/30/18120577/valve-steam-game-marketplace-revenue-split-new-rules-competition
“How much is valve company worth?”. Fazer Pergunta, 2021, https://fazerpergunta.com/biblioteca/artigo/read/137544-how-much-is-valve-company-worth