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Steam founder Gabe Newell is investing his $9.5 billion fortune in his new passion, big ass boats, because he's "a hands-on visionary who respects the sea": "Welcome to Oceanco's next journey"


"Welcome to Oceanco's next journey"

In a new public announcement, privately owned custom yacht builder Oceanco, which is based in the Netherlands, is revealed as having entered "a new chapter with Gabe Newell – founder of Valve, tech pioneer, and longtime supporter." The company continues, explaining how it's "time for Oceanco's next ownership" as Omani billionaire Mohammed Al Barwani and family move on but "remain active in the yachting world." "Gabe Newell is not entering this world as a financier or a strategist, but as a hands-on visionary who respects the sea, the craft, and above all, the people who make it possible," read the company's words.

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