Ed Craven is an Australian entrepreneur and businessman who is best known as the co-founder of Stake.com, one of the largest online cryptocurrency casinos in the world. He also co-founded Kick, a new live-streaming platform seen as a competitor to Twitch.
Craven has become one of Australia’s youngest billionaires, amassing a fortune through his crypto and tech ventures while still in his 20s. Known for his lavish lifestyle, he has grabbed headlines for buying extravagant properties across Melbourne.
Ed Craven Bio
| Detail | Information |
|---|---|
| Full Name | Edward Craven |
| Nickname | Ed Craven, Eddie |
| Date of Birth | November 11, 1994 |
| Age | 28 years old (as of October 2023) |
| Place of Birth | Melbourne, Australia |
| Nationality | Australian |
| Marital Status | Single |
| Spouse | None |
| Children | None reported |
| Known For | Co-founder of Stake.com and Kick |
| Net Worth | Around $1 billion (estimated) |
| Education | No formal education reported |
| Parents | Father – James Ashley Craven (businessman) |
| Siblings | None reported |
| Residence | Toorak, Melbourne, Australia |
Edward “Ed” Craven was born on November 11, 1994 in Melbourne, Australia. His father, a businessman, went to prison when Craven was young.
Craven developed an interest in online games and virtual currencies as a teenager. He started betting on RuneScape with virtual gold coins, foreshadowing his future career.
In his early 20s, Craven co-founded Primedice, a cryptocurrency dice game. The success of Primedice led him to launch Stake.com in 2017 with business partner Bijan Tehrani.
Stake.com operates as a crypto casino and sportsbook, allowing users to gamble using currencies like Bitcoin. Under Craven’s leadership as co-founder, Stake exploded in popularity and now generates billions in betting volume each year.
Craven is also the co-founder of Kick, a live-streaming service for gaming content creators intended to compete with Twitch. He has rapidly amassed immense wealth through his crypto and tech ventures.
Known for living a lavish lifestyle, Craven spends his fortune on extravagant homes across Melbourne. At 28, he is one of the youngest billionaires in Australia.
Ed Craven Age
Ed Craven was born on November 11, 1994. As of 2023, he is 28 years old.
Craven’s young age has contributed to his reputation as a wunderkind in the tech and cryptocurrency space. He started his first online business as a teenager and became a self-made billionaire while still in his 20s.
His success at such a young age makes Craven one of the youngest billionaires in Australia. He stands out even among the new generation of young entrepreneurs striking it rich in cryptocurrency and digital businesses.
Ed Craven Wife
Not much is publicly known about Ed Craven’s personal life. He has generally kept details about romantic relationships private. There are no reports that Craven is currently married or has a wife.
Some sources have speculated that Craven may be single and fully focused on growing his business empire for now. With his extreme wealth and status as Australia’s youngest billionaire, his relationship status is sure to remain a point of public curiosity.
Ed Craven House
Ed Craven made waves in 2021 when he purchased a sprawling mansion in Toorak, Melbourne, for a record $38 million. The palatial property set a new price record for the upscale suburb.
Originally built in the 1990s, Craven reportedly planned to demolish the mansion entirely to construct a new modern home on the property. The massive 4,766 square foot house sits on over 35,000 square feet of land.
Features of the luxurious Craven estate include a private cinema, gymnasium, heated pool, tennis court, and eight-car garage. The house also has expansive gardens and city views.
Craven’s penchant for buying lavish homes has earned him headlines in Australian media. At one point, he owned over $100 million worth of property across Melbourne.
Ed Craven Net WorthÂ
According to numerous reports, Ed Craven has a net worth estimated to be over $1 billion. The majority of his immense wealth comes from his ownership stake in Stake.com.
Stake.com operates as one of the world’s largest online cryptocurrency casinos and sportsbooks. The company generates billions in betting volume annually, valued at over $1 billion. As co-founder, Craven is believed to own a substantial portion of the business.
Craven also draws income from other crypto and tech ventures. This includes his co-founding of Kick, a streaming platform poised as an alternative to Twitch. With Craven still in his 20s, his net worth is expected to continue growing rapidly in the years ahead.
How Did Ed Craven Make His Money
Ed Craven amassed his immense fortune as co-founder of Stake.com, currently one of the largest cryptocurrency casinos in the world.
Craven has said he first became interested in virtual currencies as a teenager through playing the online game RuneScape. He realized there was an opportunity to build real gambling businesses using cryptocurrencies like Bitcoin, allowing for greater privacy and accessibility for users.
In 2017, Craven launched Stake.com alongside business partner Bijan Tehrani. Stake operates as an online casino and sportsbook that exclusively uses cryptocurrencies for gambling. The site quickly became hugely popular in the crypto community.
Stake profits by taking commissions on bets placed on its platform. The company has reported processing over $100 billion in wagers annually and generating billions in revenues.
As co-founder and partial owner, Craven has accumulated vast wealth from Stake’s meteoric rise. Stake was recently valued at over $1 billion, making Craven a billionaire while still in his 20s.
Craven has since reinvested his fortune into new crypto ventures like Kick as well as lavish real estate purchases across Melbourne. But the bulk of his net worth stems from the phenomenal success of Stake, which tapped into the explosive growth of cryptocurrencies.
