#256
Michael Sabel
Overview
- Source of Wealth
- oil & gas
- Industry
- Energy
- Residence
- Washington, District of Columbia
- Marital Status
- Married
Assets
- Venture Global, Inc. Class A984,302,229 shares @ --VG-US
Biography
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.