Submarines

Valve's Gabe Newell continues spending his billions on an undersea armada, adding an $800 million deep sea vessel to the one he already had in the works

Valve co-founder Gabe Newell is significantly expanding his investment in ocean exploration by commissioning a second, larger deep-sea vessel, the RV11000, for nearly $800 million. This follows his initial investment in the 100-meter RV6000, which is currently under construction. Both vessels are being built by Vard and Oceanco, with the RV6000 expected in 2028 and the RV11000 in 2030.