Billionaire Profile
M
Global Rank
#244

Image: Michel Beheim | Public domain | via Wikimedia Commons

Michael Sabel

CEO, Oil & gas
UNITED STATES
Real-Time Net Worth
$12.087B
Estimated based on Oil & gas stock value as of March 6, 2026
+10.04% (24h)
Age
59
Source
Oil & Gas
Industry
Energy
Citizenship
UNITED STATES

Biography

Michael Sabel is a prominent American billionaire and the co-founder of Venture Global, a leading liquefied natural gas (LNG) exporter. Born in 1966, Sabel's career began in investment banking before he co-founded Venture Global in 2013 with Robert Pender. This venture has propelled him to significant wealth, with a net worth estimated at $12.8 billion as of November 2025. Venture Global's success is attributed to their innovative approach to LNG production. As of January 10, 2025, Sabel's annual base salary as CEO was $7.5 million. Sabel is the CEO and Executive Co-Chairman of Venture Global and is also currently the Managing Partner of Venture Global Partners II, LLC. Venture Global's revenue in 2023 was $7.9 billion.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life and Career

Michael Sabel, born in 1966, began his career in investment banking. His early experiences provided a foundation for his future entrepreneurial endeavors. His background in the energy, technology and financial service sectors proved critical later on.

Rise to Success

In 2013, Sabel co-founded Venture Global with Robert Pender. The company quickly emerged as a significant player in the LNG market. They focused on a new strategy of building smaller, modular liquefaction trains, a contrast to the industry norm. As of January 2025, Venture Global was valued at $110 billion. Sabel's innovative approach to gas production and leadership was a key factor in Venture Global's rise.

Key Business Strategies

A pivotal decision was contracting with Baker Hughes to build multiple smaller "modular" trains, enabling more efficient construction. Sabel's leadership as CEO and Executive Co-Chairman of Venture Global, and the Managing Partner of Venture Global Partners II, LLC has helped steer the company towards expansion. By January 2025, Sabel's base salary was set at $7.5 million. Venture Global's revenue in 2023 was $7.9 billion. Sabel's focus on strategic partnerships and innovative project management has been instrumental in the company's success.

Philanthropy

Specific philanthropy information is not available in the provided search results.

Career Milestones

2013

Cofounded Venture Global

Co-founded Venture Global, an LNG exporter.

2020

Became Sole CEO of Venture Global

Took on the role of sole Chief Executive Officer.

2023

Executive Co-Chairman

Became Executive Co-Chairman of the Board

2025

Newcomer on Forbes 400 List

Entered the Forbes 400 list as a newcomer

Philanthropy & Social Impact

Unknown

Unknown

$XB

Specific information not available.

Controversies & Challenges

2024

Trump Fundraising Event

Attended a fundraising event with former President Donald Trump, which raised questions about a quid pro quo.

2024

Contractual Disputes

Venture Global is in arbitration with clients over gas sales.