Ed Craven

$1.29B
$26K
as of 07/02/24

About Ed Craven

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 $2.6 billion in revenue last year, 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 in 2020 to over $2 billion in 2022.

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.

Personal stats

Citizenship

Australia

Source of wealth

Birth date

01/01/96 (age 28)

Self-made

self-made

Ed Craven’s fortune is worth

21K

troy ounces of gold

20K

median U.S. household

13K

median U.S. income

0.026%

U.S. credit card volume

0.005%

GDP of the United States

0.004%

United States debt

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."

Net worth over time

Real-time ranking

Financial assets

US OTC | PBTHF-US

PointsBet

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