#171 Billionaire
Michael Sabel
$15.5B
$-1.11B
(-6.7%)
US
· Age 59
Source of wealth: oil & gas
Industry: energy
Residence: Washington, US
{
"bio": [
"Mike Sabel cofounded liquified natural gas exporter Venture Global with former lawyer Bob Pender in 2013.",
"Together they own more than 80% of the company, which went public at a nearly $60 billion valuation in January 2025.",
"Sabel and Pender serve as Venture Global's executive co-chairmen. They worked together as co-CEOs until 2020 when Pender retired from the role and Sabel became sole chief executive.",
"Before cofounding Venture Global, Sabel worked as an investment banker."
],
"about": []
}
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