BillionaireNet
Sabel
M
Rank #643
UNITED STATESEnergyoil & gas

Michael Sabel

Net Worth
$5.965B
+2.02% (24h)
Michael Sabel, a prominent figure in the energy sector, is the co-founder and Executive Co-Chairman of Venture Global LNG. With an estimated net worth of $7.3 billion, Sabel's wealth stems primarily from his involvement in the oil and gas industry. His career highlights include decades in the energy, technology, and financial services sectors, culminating in the founding of Venture Global LNG. This company has become a major player in the global LNG market. Sabel's leadership has been pivotal in the expansion of U.S. LNG exports, establishing him as a key innovator in the industry.

The Full Dossier

Early Life

Information about Michael Sabel's early life is limited in the search results. However, it is known that he was born in January 1966.

Rise to Success

Michael Sabel's career began in the energy, technology, and financial service sectors. Prior to co-founding Venture Global LNG in 2013, Sabel worked as an investment banker. Venture Global LNG, co-founded with Robert Pender, is a major liquefied natural gas (LNG) exporter. The company went public in January 2025 with a valuation of $58 billion. Sabel and Pender own over 80% of the company.

Key Business Strategies

Venture Global LNG's strategy involved a novel design, constructing LNG plants using a larger number of smaller units, allowing for quicker construction. The company's first project, Calcasieu Pass, was completed in 29 months, making it one of the fastest LNG plants built. Venture Global has focused on securing long-term contracts and expanding its infrastructure to meet growing global LNG demand.

Philanthropy

There is no specific information about Michael Sabel's direct philanthropic activities available in the search results.

Career Timeline

2025

Venture Global IPO

Venture Global went public with an impressive $50 billion market cap.

2023

Executive Co-Chairman of Venture Global LNG & CEO of Venture Global

Became Executive Co-Chairman of Venture Global LNG and CEO of Venture Global.

2020

CEO of Venture Global LNG

Became CEO of Venture Global LNG

2013

Cofounded Venture Global LNG

Co-founded Venture Global LNG with Robert Pender.

2010

Managing Partner of Venture Global Partners, LLC

Began serving as Managing Partner of Venture Global Partners, LLC.

Philanthropic Impact

Not available$XB

Not available

Not available

Wealth Trajectory