Ed Craven

Ed Craven (#1853)

Global Rank #1853

Country Rank #30

Country Australia

We've taken two of the most controversial technologies and industries and combined them. So it's always been an uphill battle for us to beat public perception of what the company may stand for.

$ 2 B
Online casino
Australia
M
30 Years

Snapshot

Quick Facts

Global Rank #1,853

Country Rank #30

Net Worth $2.2B

Previous Worth $2.2B

Worth Change +$0.0B

Country Australia

Industry Online casino

Age 30 Years

Gender M

Worth As Of May 4, 2026

Residence Melbourne, Australia

Citizenship Australia

World Billionaires List Australia Billionaires Online casino

Profile Data

Personal Stats

Age 30

Source Of Wealth Online casino, Self Made

Residence Melbourne, Australia

Citizenship Australia

Net Worth Change +$0.0B +0.0% from previous worth

Previous Net Worth $2.2B

Current Net Worth $2.2B

Worth as of May 4, 2026

About Me

Ed Craven and Bijan Tehrani founded and run Stake.com, believed to be the largest crypto-backed online casino in the world. Stake.com generated $4.7 billion of gross revenue in 2024, despite crypto gambling being unavailable in the United States, United Kingdom and much of Europe. The founders have reinvested its profits into aggressive marketing, putting Stake's name on Formula 1 cars, English Premier League jerseys, UFC octagons and a new livestreaming service. During the pandemic, Stake started paying content creators on Twitch millions to livestream themselves gambling, transforming the business from $100 million in revenue to over $2 billion in two years. After Twitch banned Stake from advertising on its platform due to a lack of consumer protections, Craven and Tehrani launched their own competing livestream service, Kick.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Ed Craven.

#1913

Billionaires (2026)

#46

Australia's 50 Richest (2026)

Insights

Did You Know?

Craven and Tehrani first met online as teenagers, playing the videogame "Runescape." The name Stake comes from the controversial "Runescape" game mechanic called "staking."

Wealth Growth

Net Worth Growth Over Time

Tracking Ed Craven's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth

Period Change Worth Movement

Current Net Worth: $2.2B (May 4, 2026)