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GamesRadar
GamesRadar
Technology
Anna Koselke

Valve billionaire Gabe Newell spends $70 million on a new mansion to go with his $500 million yacht as the house of Steam fights monopoly lawsuits

Gabe Newell Valve Steam Lawsuit
Gabe Newell in a pink shirt talking on the phone.

Valve co-founder and president Gabe Newell has just purchased a waterfront estate in Florida – a waterfront estate worth a whopping $70.8 million.

Big purchases aren't exactly new to the father of Steam – after all, we are talking about the same man who invested his $9.5 billion fortune into yachts last year. He's got a lot of money, anyway, and he's certainly not afraid to use it.

His latest buy, the stunning waterfront estate in Manalapan, Florida, is reportedly a 20,000-square-foot residence set on a 2.06-acre plot (thanks, Wall Street Journal). It boasts everything from an outdoor pool to a dock.

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