M ichael Sabel is an American billionaire who is a co-founder and a senior executive of the liquefied natural gas (LNG) company, Venture Global LNG. He has built the company into one of the largest and most successful LNG export companies in the United States. The company's growth has been fueled by the American shale gas revolution, which has created a massive surplus of natural gas, and by the growing global demand for LNG as a cleaner-burning fuel.
He has been a key figure in the development of the company's massive LNG export terminals in Louisiana. His wealth is derived from his large founding stake in the privately held company. He is a major and influential figure in the global energy industry and has been a key player in the transformation of the United States into a major global LNG exporter.
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Michael S. Sabel is an American businessman, the self-made billionaire Co-founder and CEO of NextDecade Corporation (NASDAQ: NEXT), a major Liquefied Natural Gas (LNG) infrastructure and export company. His career is rooted in energy, finance, and strategic resource management.
Sabel holds a B.S. in Engineering and an MBA from a major U.S. university (from a related source). His philosophical approach centers on scale, vertical integration, and long-term asset hold in the essential natural gas and energy infrastructure sector (midstream and liquefaction). His structural contribution is tied to pioneering new LNG export capacity in the U.S.
Michael Sabel's strategic leadership involves managing the massive NextDecade infrastructure projects. He co-founded NextDecade (approx. 2010) and successfully built it into a major force by securing major international contracts and navigating the complex regulatory environment for LNG export facilities. His structural contribution is immense: pioneering new natural gas liquefaction capacity in the U S. Gulf Coast, accelerating the country's role as a major global energy exporter.
The company successfully executed its IPO on the NASDAQ. His wealth is secured by the colossal, long-term, stable profitability of the global energy infrastructure and LNG supply sector.
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Co-founds NextDecade Corporation (Founding).
NextDecade executes its successful IPO on the NASDAQ (Financial Milestone).
Secures major financing and contracts for the Rio Grande LNG terminal (Industrial Apex).
Continues as Co-founder and CEO, guiding the massive energy giant (Executive Oversight).
Michael Sabel's wealth is concentrated in his founding equity and continued executive leadership of the publicly traded energy giant, NextDecade Corporation (NASDAQ: NEXT).
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Michael Sabel's social impact is structural, stemming from NextDecade's role in providing essential energy infrastructure (LNG terminals) for global energy security and supply. The company contributes significantly to U.S. industrial output and job creation in the energy sector. His personal philanthropy supports various community and educational initiatives.
His structural contribution is tied to the successful industrialization and scale of the U.S. LNG export supply chain.
Michael Sabel maintains the professional, composed style of an industrial executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and stability, typical of a leader in the high-capital energy sector.
Residing in Houston, Texas, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to energy infrastructure, investment strategy, and the long-term, stable growth of the LNG supply chain.
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+20% | +$300.00M
-0.36% | -$114.65M
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