Who Owns Steam?
Updated onExplore the ownership hierarchy of Steam. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Steam
Steam is a digital distribution platform and community for PC gaming developed by Valve that offers game purchases, social features, and related services and hardware.
Starts at $0
Valve Corporation
Valve Corporation is a private American video game developer, digital distribution platform operator (Steam), and gaming hardware maker headquartered in Bellevue, Washington.
Steam
Steam is a digital distribution platform and community for PC gaming developed by Valve that offers game purchases, social features, and related services and hardware.
Starts at $0
Valve Corporation
Valve Corporation is a private American video game developer, digital distribution platform operator (Steam), and gaming hardware maker headquartered in Bellevue, Washington.
Major Shareholders
Valve Corporation
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
Gabe Newell Co‑founder, president and widely reported majority owner of Valve Corporation. Public profiles (e.g., Wikipedia) list him as owning more than 50% of Valve, and Forbes in 2024–2025 estimates that he owns at least half of the company; exact stake is not publicly disclosed. | Founder | — | Dec 2025 |
Valve executives and employees (collective minority shareholders) Analyses of Valve’s capital structure describe the remaining ownership as held by Valve executives and employees, with little evidence of outside venture-capital or corporate investors; individual stakes and exact percentages are private and not disclosed. | Other | — | Oct 2025 |
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