Image: Public domain | via Wikimedia Commons
Bijan Tehrani, a 31-year-old entrepreneur born in the United States to Iranian parents, has rapidly risen to prominence in the online gambling industry. He is best known as the co-founder of Stake.com, a leading crypto-backed online casino, which generated $4.7 billion in revenue in 2024. With a current net worth of $2.77 billion, Tehrani holds the 1434th position among global billionaires and the 490th in the United States. His wealth source is primarily online casinos.
Bijan Tehrani was born in the United States to Iranian parents. He later moved to Australia, where he resides in Melbourne. In 2016, he founded Easygo, a company that developed games for online casinos.
Tehrani's career took a significant turn in 2017 when he co-founded Stake.com with Ed Craven. Stake.com quickly became a prominent crypto-based online casino, utilizing cryptocurrency for its operations. Despite facing restrictions in several regions, including the United States, the United Kingdom, and parts of Europe, Stake.com generated $4.7 billion in revenue in 2024.
Tehrani and Craven focused on aggressive marketing to boost Stake's brand, putting the company's name on Formula 1 cars, English Premier League jerseys, and UFC octagons. During the COVID-19 pandemic, Stake partnered with content creators on Twitch to livestream gambling activities, which helped the company grow from $100 million to $2 billion in revenue in two years. When Twitch banned Stake from advertising, they launched Kick, a competing livestream service. In May 2024, Tehrani and Craven acquired a more than 5% stake in the ASX-listed online bookmaker PointsBet.
Philanthropic information for Bijan Tehrani could not be found.
Founded Easygo, a company that developed games for online casinos.
Co-founded Stake.com, a cryptocurrency-based online casino.
Co-founded Kick, a livestreaming platform.
Acquired more than 5% of the ASX-listed online bookmaker PointsBet.
