"Gabe Newell has purchased Oceanco, the Dutch builder of renowned superyachts, though the purchase price remains undisclosed. Newell is a billionaire co-founder of Valve."
"Oceanco is known for delivering only a couple of highly customized superyachts each year, each costing well into the nine figures."
"The shipyard's largest build is Koru, a 127-meter yacht delivered to Jeff Bezos in 2023, praised for its aesthetics despite some controversial moments during its construction."
"Newell also owns Draak, a 91.5-meter Oceanco yacht featuring a helipad, indicating his interest in high-end maritime assets."
Gabe Newell has acquired Oceanco, the prestigious Dutch shipyard recognized for crafting high-end superyachts. The financial details of the transaction remain undisclosed. Newell, co-founder of Valve Corporation with an estimated net worth of $9.5 billion, is also the owner of at least one Oceanco yacht. Oceanco specializes in custom-built superyachts, producing only a few per year that each exceed nine figures in cost. Notable projects include Jeff Bezos's 127-meter sailing yacht Koru, completed in 2023, and Draak, owned by Newell.
Read at Business Insider
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