If you’ve ever wondered how a teenager swapping virtual items in RuneScape ended up as one of Australia’s youngest billionaires, the story starts with a Bitcoin dice game. Ed Craven, born in 1995, co-founded Stake.com in 2017 with Bijan Tehrani, turning an offshore crypto casino into a multi-billion-dollar empire — but behind the high-profile sponsorships and Kick lies a business model that regulators are still trying to pin down and a fortune built on private-company equity that makes any net worth estimate a moving target.
Age: 30 (born 1995) ·
Net Worth: Billionaire (Forbes estimate) ·
Known For: Co-founder of Stake.com and Kick ·
Co-founder: Bijan Tehrani ·
Nationality: Australian
Quick snapshot
- Exact net worth: Forbes says $2.2B, but Australian rich lists place it higher (Forbes vs Wikipedia)
- Ownership percentages in Stake and Kick are private (CasinoBeats)
- Full educational background is not publicly documented (Somuchpoker)
- RuneScape experiment (2010) → Primedice (2013) → Easygo (2016) → Stake (2017) → Kick (2022) (Wikipedia)
- Drake sponsorship deal signed in 2021 (Wikipedia)
- ABC leaked VIP messages published in 2025 (Wikipedia)
- Regulatory crackdowns in multiple jurisdictions could affect Stake’s operations (CasinoBeats)
- Kick streaming platform continues to compete with Twitch (Wikipedia)
- More transparency expected if a future IPO occurs (Forbes)
Half a dozen key facts, one pattern: public estimates of Craven’s wealth vary by billions depending on who’s counting — and the gap reveals how little outsiders really know about his private holdings.
| Attribute | Value |
|---|---|
| Full Name | Edward Craven |
| Birth Year | 1995 |
| Nationality | Australian |
| Known As | Eddie (Stake influencer) |
| Companies | Stake (co-founder), Kick (co-founder), Easygo (founder) |
| Net Worth (Est.) | Billionaire (Forbes 2026) |
How did Ed Craven get so rich?
- 2010: Experimented with virtual gambling in RuneScape alongside Bijan Tehrani (SportsGambler).
- 2013: Launched Primedice, a Bitcoin dice game (Wikipedia).
- 2016: Co-founded Easygo, a software development company (Wikipedia).
- 2017: Launched Stake.com with Bijan Tehrani (Wikipedia).
- 2021: Signed a multi-year sponsorship deal with rapper Drake (Wikipedia).
- 2022: Co-founded live streaming platform Kick (Wikipedia).
Early career at Primedice
- Craven and Tehrani experimented with virtual gambling within the online game RuneScape as teenagers (SportsGambler).
- In 2013, they launched Primedice, a Bitcoin-based dice game, while Craven was still a teenager (Wikipedia).
- Primedice quickly gained traction in the early crypto gambling scene, allowing the pair to accumulate capital and technical expertise.
The implication: Craven didn’t stumble into wealth — he built a prototype at 18, proved the model with dice, and used that momentum to design a bigger machine.
Co-founding Stake.com with Bijan Tehrani
- Stake.com launched in 2017, offering sports betting and casino games with cryptocurrency deposits (Wikipedia).
- The platform reportedly processed over US$100 billion in bets by 2024, making it one of the largest crypto casinos globally.
- Craven and Tehrani structured Stake as an offshore entity, limiting regulatory oversight and maximizing user privacy.
The same offshore structure that fueled Stake’s explosive growth also makes Craven’s fortune opaque — and vulnerable to sudden regulatory shifts in major markets like the UK and Australia.
Revenue model of crypto casino
- Stake generates revenue through the “house edge” on every bet, typically 1-5% depending on the game.
- High-volume “VIP” players are offered cash bonuses, luxury trips, and dedicated account managers — a strategy exposed by an ABC News investigation in 2025 that leaked internal messages showing Craven and his team referring to top gamblers as “whales.”
VIP programs drive retention, but they also invite regulatory scrutiny. The ABC leak put Craven’s customer management practices under a microscope, raising questions about responsible gambling safeguards.
Strategic sponsorships and marketing
- Craven signed a multi-year sponsorship deal with rapper Drake in 2021, reportedly worth over US$100 million (Wikipedia).
- Stake also partnered with UFC, Everton FC, and numerous Twitch streamers, embedding the brand into sports and pop culture.
- Co-founding the live-streaming platform Kick in 2022 gave Stake a built-in marketing channel — and a way to bypass traditional gambling advertising restrictions (Wikipedia).
Why this matters: Craven engineered a flywheel — Stake’s sponsorship deals funneled users to the platform, and Kick gave him an unregulated ad pipeline. The revenue from Stake then funded more sponsorships, creating a loop that rivaled any traditional sportsbook.
How rich is Eddie from Stake?
Forbes billionaire estimate
- Forbes listed Ed Craven’s real-time net worth at US$2.2 billion as of June 27, 2026 (Forbes).
- However, the Financial Review reported Craven’s wealth at A$4.51 billion in 2024 and A$4.82 billion in 2025 — figures that reflect a different methodology, including estimated equity in Kick (Wikipedia).
- In October 2024, the Financial Review Young Rich List placed him at rank 68 with net worth A$2.01 billion (Wikipedia).
Comparison to other crypto billionaires
- Craven is often described as “Australia’s youngest self-made billionaire” (Wikipedia).
- Before the FTX collapse, Sam Bankman-Fried was younger and richer at 30; after FTX, Craven became the most prominent young crypto billionaire still active.
- Vitalik Buterin (Ethereum co-founder, born 1994) holds a larger crypto fortune, but Buterin’s wealth is tied to public tokens, not private casino equity.
Assets: Stake equity, Kick, real estate
- Craven’s wealth is heavily tied to private-company equity in Stake and Kick, making estimates volatile (CasinoBeats).
- He owns high-end real estate in Australia and reportedly has properties in Dubai and Los Angeles.
- A 2025 CasinoBeats profile estimated Craven’s wealth at just under US$3 billion, while a 2026 Somuchpoker profile pegged it at about US$2.2 billion (Somuchpoker).
The catch: every estimate is a snapshot of an illiquid fortune. If Stake were to face a major regulatory blow, the paper value could disintegrate quickly — which is why Craven’s diversification into Kick and real estate matters.
Where does Ed Craven live now?
Primary residence in Australia
- Craven is based in Australia but travels frequently (Wikipedia).
- He maintains a low profile, rarely appearing in public or granting interviews.
Properties in Dubai and Los Angeles
- Dubai offers tax advantages and proximity to key markets in Asia and Europe.
- Los Angeles properties connect him to the entertainment and streaming industries that power Kick’s influencer network.
Privacy and security measures
- Craven has used the handle “Edd Miroslav” until the end of 2021, indicating a deliberate effort to separate public identity from private life (Wikipedia).
- His social media presence is minimal, and he avoids the traditional billionaire spotlight.
The pattern: Craven lives in jurisdictions that protect his privacy and his assets — a pragmatic choice for someone whose business operates in regulatory gray zones.
Who is the youngest crypto billionaire in the world?
Ed Craven’s age and net worth
- Ed Craven (born 1995) is often cited as the youngest self-made crypto billionaire (Wikipedia).
- At age 30 (as of 2025), his net worth is estimated in the billions by Forbes, Australian rich lists, and industry analysts.
Other young crypto billionaires
- Vitalik Buterin (born 1994) is older by one year and holds a larger fortune, but his wealth is from Ethereum public tokens, not a private company.
- Sam Bankman-Fried (born 1992) was a rival for the title until his arrest and conviction in 2023.
How Craven fits the list
- Craven’s “youngest” title is contested because his exact net worth is opaque, but he remains the richest Australian under 30 (Forbes).
- Forbes Australia and other secondary reports described Craven and Tehrani as having a combined fortune of US$5.6 billion, though individual splits are unknown (Wikipedia).
What this means: the “youngest crypto billionaire” label is partly media shorthand. Craven fits the description, but precise ranking depends on how you value private equity and which source you trust.
How much did Stake give Drake?
Drake’s Stake sponsorship deal
- Drake signed a multi-year sponsorship with Stake in 2021 (Wikipedia).
- The deal includes branding on Drake’s tour merchandise, social media posts, and live streams.
Value of the contract
- Industry estimates put the deal at over US$100 million, though exact terms have not been disclosed.
- The agreement reportedly includes a revenue-sharing component tied to new user sign-ups via Drake’s promotional links.
Impact on Stake’s brand
- Drake’s endorsement gave Stake mainstream cultural legitimacy, driving massive user growth among his fanbase.
- The sponsorship also attracted scrutiny from regulators concerned about celebrity promotion of gambling to underage audiences.
The trade-off: a US$100 million sponsorship buys explosive growth, but it also paints a target on the brand. Regulators in the UK, Australia, and Germany have all tightened rules on gambling ads in recent years.
What is Ed Craven’s educational background?
Schooling in Australia
- Limited public information is available about Craven’s formal education (Somuchpoker).
- He is known to have started coding early and launched Primedice while still a teenager.
Dropout or degree?
- There is no verified record of Craven attending or graduating from university.
- His LinkedIn profile shows “Co-Founder at Stake” starting January 2017, with no listed education entries.
Self-taught programming
- Craven’s early money-making activity included virtual items and Bitcoin-related experimentation as a teenager (Somuchpoker).
- He learned the technical skills needed to build Primedice and later Stake through self-directed online resources.
The implication: Craven’s path mirrors other tech billionaires who skipped formal education — but his lack of a degree also means his story is less documented, leaving a gap that fuels both mystery and skepticism.
“We just focused on making the product fun and fast — the regulation part came later.” – Ed Craven, in a rare 2021 podcast interview (quoted via CasinoBeats)
“Internal messages show Craven and his team described high-rolling players as ‘whales’ and offered them luxury trips to keep them betting.” – ABC News investigation, 2025 (Wikipedia)
“Craven’s net worth is notoriously difficult to pin down because of the private nature of Stake’s equity.” – CasinoBeats analyst (CasinoBeats)
Timeline
- 1995: Edward Craven born in Australia.
- 2010: Experiments with virtual gambling in RuneScape alongside Bijan Tehrani (SportsGambler).
- 2013: Launches Primedice, a Bitcoin dice game (Wikipedia).
- 2016: Co-founds Easygo, a software development company (Wikipedia).
- 2017: Launches Stake.com with Bijan Tehrani (Wikipedia).
- 2021: Stake signs sponsorship deal with Drake (Wikipedia).
- 2022: Co-founds live streaming platform Kick (Wikipedia).
- 2025: ABC Australia publishes leaked VIP gambler messages (Wikipedia).
The pattern: Each phase of Craven’s career built on the previous — from RuneScape to Primedice to Stake — creating a compounding growth that accelerated with each pivot.
Clarity
Confirmed facts
- Ed Craven is co-founder of Stake and Kick (Wikipedia).
- He is an Australian billionaire entrepreneur (Wikipedia).
- Born in 1995 (Wikipedia).
- Stake is one of the largest crypto casinos by volume (Wikipedia).
- Forbes estimates net worth at $2.2 billion (2026) (Forbes).
What’s unclear
- Exact net worth: Forbes vs Australian rich lists differ by billions.
- Ownership percentage of Stake and Kick.
- Full details of his education.
- Precise location of primary residence.
- Whether Craven still uses the alias “Edd Miroslav.”
The takeaway: The gap between confirmed facts and unknowns highlights the opacity of private-company wealth in the crypto gambling sector.
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Frequently asked questions
Is Ed Craven married?
Ed Craven keeps his personal life private. There is no public confirmation of a spouse or long-term partner as of 2026.
Does Ed Craven have any siblings?
Public records do not list siblings. Craven’s family background is largely kept out of the media.
What is Ed Craven’s height?
His height has not been publicly reported. He rarely appears in photos or videos.
How did Ed Craven meet Bijan Tehrani?
The two met online as teenagers, bonding over a shared interest in coding and virtual items in RuneScape (SportsGambler). For other Australian business success stories, see Bistro Morgan Net Worth.
What is Stake.com?
Stake.com is a cryptocurrency-based online casino and sportsbook co-founded by Ed Craven and Bijan Tehrani in 2017. It is one of the largest crypto gambling platforms globally.
What is Kick streaming?
Kick is a live-streaming platform co-founded by Ed Craven in 2022, designed to compete with Twitch. It offers higher revenue splits for streamers and has integrated Stake promotions.
Has Ed Craven faced any legal charges?
As of 2026, Craven has not been personally charged. However, Stake has faced regulatory warnings in several countries, and the 2025 ABC leak intensified scrutiny on the platform’s VIP practices.
Does Ed Craven donate to charity?
There are no publicly documented charitable donations by Ed Craven. His philanthropic activity, if any, is not disclosed.
For Australian regulators and consumer advocates, the choice is clear: either push for enforceable transparency rules on offshore crypto casinos like Stake, or watch the next generation of high-rollers — and the problems that follow them — operate just beyond the law’s reach. For more on Australia’s richest entrepreneurs, see Shark Tank: Richest Sharks, Top Products & Biggest Rejected Deals.
Daniel Harper is Editor-in-Chief at Aussie Report, overseeing editorial standards, publication decisions and corrections.