According to Forbes, Newell’s estimated net worth in 2025 was US$11 billion, making him the richest person in the gaming industry.
Newell is a serial yacht owner and avid scuba diver with a passion for the sea and deep respect for the craft of yacht designing and construction.
Announcing his buyout in August 2025, Oceanco stated: “Newell is drawn to yachting as a way to reconnect with the ocean, oneself and what really matters”.
They assured the yachting industry and afficionados, the Newell would eschew corporate buzz words and control, favouring instead to foster the interaction between “yacht builders and worldbuilders”.
Painting a poetic picture of collaboration among “dreamers and mad scientists”, Oceanco foresaw a future of innovation and invention, “plugging into a tribe of builders, dreamers, sailors, creatives and engineers and seeing what kind of future they can shape when no one’s holding them back. This isn’t a transaction, it’s ignition.”
111-metre Leviathan – named for a mythical sea creature – is Newell’s diesel electric superyacht, delivered in November 2025 and boasting a 15-station gaming lounge, a submarine garage, and spa, among many unique features.
The project involved Newell, YTMC and Y.CO, alongside the Oceanco Design team, Mark Berryman Design, the Leviathan crew and a network of Co-makers and suppliers.