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Billionaire gaming CEO buys superyacht company that built his and Jeff Bezos' boats

Summary by Business Insider
Newell is worth $9.5 billion.Olly Curtis/Future Publishing via Getty ImagesBillionaire Gabe Newell bought Oceanco, the Dutch superyacht builder behind Jeff Bezos' Koru.Newell, the cofounder of video game developer Valve, owns at least one Oceanco superyacht.The shipyard is known for building fully customized yachts that cost well into the nine figures.Some gamers spend weekends on the couch. Others spend them luxuriating in the most expensive as…

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Business Insider broke the news in United States on Tuesday, August 5, 2025.
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