NZ Herald
  • Home
  • Latest news
  • Herald NOW
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
  • Herald NOW
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Politics
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Herald NOW
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / Business

US billionaire stranded in NZ makes good on Rocket Lab promise, donates $286k to Starship

Chris Keall
By Chris Keall
Technology Editor/Senior Business Writer·NZ Herald·
24 Nov, 2020 12:30 AM3 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

Stranded in paradise: Valve founder and multi-billionaire Gabe Newell has been in New Zealand since March, when the American's holiday was interrupted by the first lockdown. Photo / Getty

Stranded in paradise: Valve founder and multi-billionaire Gabe Newell has been in New Zealand since March, when the American's holiday was interrupted by the first lockdown. Photo / Getty

US billionaire Gabe Newell has made good on his promise to donate $1 to Auckland's Starship Children's Hospital for every person who watched the livestream of Rocket Lab's latest launch, "Return to Sender" (embedded below).

Stranded in paradise: Valve founder and multi-billionaire Gabe Newell has been in New Zealand since March, when the American's holiday was interrupted by the first lockdown. Photo / Getty
Stranded in paradise: Valve founder and multi-billionaire Gabe Newell has been in New Zealand since March, when the American's holiday was interrupted by the first lockdown. Photo / Getty

Rocket Lab said this afternoon that $286,000 had been raised for Starship's Paediatric Intensive Care Unit, thanks to Newell.

The billionaire became stranded in New Zealand during a 10-day holiday that ran into the March lockdown.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

He then decided to stay on for a spell.

The divorced, 57-year-old father of two says he can get just as much done working remotely from NZ than remotely from his home in Seattle - where he became a multi-millionaire at Microsoft, working on the first three releases of Windows. He became a multibillionaire after he left to found Valve.

Valve develops its own video games and sells titles from all-comers through its Steam online store, which has become the dominant online platform for distributing gaming content in the post-disc age.

Today, Forbes estimates Newell's wealth at US$4 billion ($5.7b).

Newell recently said his company was only 50 per cent to 75 per cent as productive with staff working remotely.

Advertisement
Advertise with NZME.

Without explicitly mentioning Valve, he said it would make sense for game development companies to relocate - at least temporarily - to New Zealand, where they could work together in an office.

He's angling to get a meeting with Prime Minister Jacinda Ardern to develop his idea.

"Return to Sender"'s cargo included "Gnome Chompski" - a 15cm high figurine created by Weta Workshop, who helped to publicise Newell's fundraising drive (and officially designated a "mass simulator ... with an important R&D function by allowing Rocket Lab to test and qualify a novel 3D printing technique). Chompski, who first appeared in the shoot-em-up Half-Life as a "garden ornament and improvised weapon" has been a recurring in-joke in various Valve games.

"Return to Sender" retrieval. Photo / Rocket Lab
"Return to Sender" retrieval. Photo / Rocket Lab

The launch was also notable for carrying the first NZ student-built satellite into space - Waka Āmiorangi Aotearoa APSS-1, which will study electrical disturbances in the upper atmosphere and whether they have any correlation to earthquakes - and hence in predicting future rumbles. Rocket Lab sponsored the project by providing the launch at no cost to the University of Auckland.

Discover more

Companies

Nasa's small step to the Moon a giant leap for Rocket Lab

26 Jun 05:00 PM
Business

Rocket Lab backer tech titans spending most to beat Trump

27 Oct 11:38 PM
Business

Fake Zoom invite warning: The click that cost a hedge fund $8.7 million

23 Nov 09:14 PM
Business

Total eclipse of the Hart: Thiel becomes the richest Kiwi

23 Nov 04:34 AM
"Return to Sender" retrieval. Photo / Rocket Lab
"Return to Sender" retrieval. Photo / Rocket Lab

And its headline trick was Rocket Lab's first attempt at booster retrieval. The first stage of "Return to Sender" parachuted back to Earth after separating two and a half minutes after the 3.20pm launch, making a soft landing in the ocean downrange from Launch Complex 1 at Mahia some 13 minutes later.

Founder Peter Beck posted a photo of the booster being hauled aboard a retrieval vessel soon after 11pm.

Achievement unlocked. Gnome Chompski finally got his ride to space. #ReturnToSender pic.twitter.com/yvnXmbwmTE

— Rocket Lab (@RocketLab) November 22, 2020

Rocket Lab plans to refine the retrieval process so that a helicopter can snare the booster in the middle of its descent. See more on the "Return to Sender" launch here.

Save

    Share this article

Latest from Business

Premium
Property

All rentals must meet five Healthy Homes standards by July 1

17 Jun 11:00 PM
Business

Major bank cuts rates for second time in three weeks

17 Jun 09:01 PM
Business

South Island regions dominate ASB economic rankings

Audi offers a sporty spin on city driving with the A3 Sportback and S3 Sportback

sponsored
Advertisement
Advertise with NZME.

Latest from Business

Premium
All rentals must meet five Healthy Homes standards by July 1

All rentals must meet five Healthy Homes standards by July 1

17 Jun 11:00 PM

Heating, insulation, ventilation, moisture and draught-stopping standards all coming in.

Major bank cuts rates for second time in three weeks

Major bank cuts rates for second time in three weeks

17 Jun 09:01 PM
South Island regions dominate ASB economic rankings

South Island regions dominate ASB economic rankings

Premium
'Defining moment': Ad agencies cleared for huge merger, amid warnings of media job losses

'Defining moment': Ad agencies cleared for huge merger, amid warnings of media job losses

17 Jun 08:19 PM
Gold demand soars amid global turmoil
sponsored

Gold demand soars amid global turmoil

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP