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Gabe Newell Buys $70.8M Mansion, Plans $230M Ocean Ship

6/18/2026

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Summary

Story summary

Valve co-founder Gabe Newell bought a 20,000-sq-ft mansion in Manalapan, Florida for $70.8 million.
The estate, sold for $39 million in 2020, includes a tunnel to the ocean, a pool, a dock and an eight-car garage.
Newell, worth about $11 billion, lives on the yacht Leviathan, which has a hospital, lab and gaming stations.
He is building a $230 million deep-sea research ship for robots, labs and 70 scientists to map ocean trenches by 2028.

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Story summary

Valve co-founder Gabe Newell bought a 20,000-sq-ft mansion in Manalapan, Florida for $70.8 million.
The estate, sold for $39 million in 2020, includes a tunnel to the ocean, a pool, a dock and an eight-car garage.
Newell, worth about $11 billion, lives on the yacht Leviathan, which has a hospital, lab and gaming stations.
He is building a $230 million deep-sea research ship for robots, labs and 70 scientists to map ocean trenches by 2028.