Ed Craven

Ed Craven (#1862)

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

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

Career Highlights

A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Ed Craven’s rise and global influence.

#1913 Billionaires (2026)
#46 Australia's 50 Richest (2026)

Wealth Growth

Net Worth Growth Over Time

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

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