Billionaire Profile
Ed Craven
Global Rank
#1415

Image: Public domain | via Wikimedia Commons

Ed Craven

CEO, Stake
AU
Real-Time Net Worth
$2.8B
As of December 2025
Age
29
Source
Online casino
Industry
gambling-casinos
Citizenship
AU

Biography

Ed Craven is an Australian entrepreneur, best known as the co-founder of the online casino Stake and the live-streaming platform Kick. Born in 1995, Craven's fascination with technology and online gaming led him to co-found Stake in 2017. Through strategic marketing and partnerships, Stake saw rapid growth. In 2025, Craven's net worth is estimated at $2.8 billion, solidifying his position as one of the world's youngest self-made billionaires. His career reflects a keen ability to capitalize on emerging trends in the digital entertainment and cryptocurrency sectors.

Wealth Over Time

In-Depth Profile

Early Life

Ed Craven was born in 1995 in Melbourne, Australia. His early exposure to the internet and online gaming sparked an interest in technology and online communities. This early interest in online gaming, particularly RuneScape, and virtual economies laid the groundwork for his future ventures.

Rise to Success

Craven, along with Bijan Tehrani, co-founded Primedice, a cryptocurrency-based dice game, in 2013. In 2016, they established Easygo, a company focused on online casino games. The brand Stake launched in 2017, operating under a license in Curaçao. Stake quickly grew to become a leading crypto casino, expanding its operations and partnerships globally. This rapid expansion and strategic marketing propelled the company's revenue and Craven's net worth.

Key Business Strategies

Stake's success can be attributed to a number of key strategies. Firstly, the company focused on cryptocurrency, enabling rapid and anonymous transactions. Secondly, the company invested heavily in marketing, including partnerships with major sports teams and celebrities, such as Drake. Thirdly, Stake established a strong online presence with a focus on user engagement.

Philanthropy

There is no information available regarding the exact amount of philanthropy. However, it is known that he spends generously on philanthropic ventures.

Career Milestones

2013

Co-founded Primedice

Launched Primedice, a cryptocurrency-based online dice game.

2016

Founded Easygo

Established a company specializing in online casino games.

2017

Co-founded Stake

Launched Stake, an online cryptocurrency casino.

2022

Co-founded Kick

Launched Kick, a live-streaming platform.

Philanthropy & Social Impact

Philanthropy

Philanthropic Ventures

Undisclosed

Ed Craven spends generously on philanthropic ventures.

Business Philosophy & Leadership

Notable Quotes

"“The rise of Stake has been heavily based around our ability to really push boundaries.”"

Leadership Principles

Pushing Boundaries

Craven has demonstrated a commitment to innovation and challenging the status quo.

Controversies & Challenges

2023

Stake Hack

In September 2023, over $41 million was stolen from Stake's Ethereum wallets in a hacking incident.

2025

UK Gambling Licence

Stake gave up its UK gambling license after complaints about an advertisement using sexual content.