President of Valve. It’s got nearly million active users around the world, and every time those folks buy a game, Valve takes a cut. There’s a natural temptation to say that this is why Valve doesn’t make games anymore I mean, why would it bother? Retrieved August 11, According to Forbes ‘ most recent list of the richest people in the country, the answer is yessir. This is Steam’s digital storefront on my MacBook. That combination of massive numbers and loyalty adds up to a very profitable business — one that turned Newell into a billionaire many times over.