Ed Craven: Net Worth, Biography, and How He Built His Fortune

Few Australian entrepreneurs have gone from obscure online gamer to billionaire as quickly as Ed Craven. At just 29, he co-founded Stake, the world’s largest crypto-backed online casino, and later Kick, a streaming platform that rivals Twitch. Here’s what the public records show — and what remains frustratingly unclear — about his fortune, his family, and his life in Melbourne.

Net worth: $2.8 billion (Forbes 2026) ·
Age: 29-30 (born 1995) ·
Known for: Co-founder of Stake and Kick ·
Residence: Melbourne, Australia

Six key facts about Craven show how much is confirmed and how much remains in the shadows.

How Did Ed Craven Get His Money?

Craven’s fortune traces directly to the crypto gambling boom. In 2013, he and Bijan Tehrani launched Primedice, a crypto dice game, after experimenting with virtual gambling in RuneScape, according to Wikipedia. That led to Easygo in 2016, and then Stake.com in 2017.

Stake.com and crypto gambling

Stake is widely described as the largest crypto-backed online casino in the world. Forbes (profile of Bijan Tehrani) notes that Craven and Tehrani “founded and run” the platform. Stake accepts bets in cryptocurrencies and offers traditional casino games plus sports betting.

The company’s explosive growth during the crypto bull market of 2020-2021 pushed Craven onto the Forbes Billionaires list by 2026, with a net worth of $2.8 billion (Forbes).

Early career and Easygo

Before Stake, Craven began buying and selling virtual game items as a teenager, reports CasinoBeats (industry news site). He attended Bishop Druitt College and skipped university. The Easygo company in Melbourne became the operational backbone for both Stake and the later streaming venture Kick. Forbes Australia described the pair as “two obscure Melbourne 20-somethings” when Stake’s ownership became public in 2021. For a look at another entrepreneur who turned a niche online business into a massive fortune, see our profile on Alex Hormozi.

The implication: Craven’s entire wealth stack is built on the intersection of gaming, crypto, and regulatory grey zones — a combination that made him a billionaire before his 30th birthday.

Who Is Ed Craven’s Father?

Family background

Craven has kept his family life intensely private. According to Wikipedia, his father has not been publicly identified, and no siblings are mentioned in any credible source. The only biographical detail available is his attendance at Bishop Druitt College in New South Wales (CasinoBeats).

Father’s identity and occupation

No media outlet has named or interviewed Craven’s father. This is consistent with Craven’s early preference for anonymity — he operated under the online alias “Edd Miroslav” until the end of 2021, as Forbes Australia reported.

The implication: the lack of information is itself a data point — Craven’s deliberate silence about his origins suggests a strategy of brand-first, person-second positioning.

Where Does Ed Craven Live Now?

Melbourne property

Craven is based in Melbourne, Australia. After his identity became public, he purchased a $38.5 million mansion in the affluent suburb of Toorak, according to Forbes Australia. He later reportedly paid A$80 million for a second Toorak property described as derelict.

Lifestyle and assets

These real estate purchases signal both wealth and permanence. Melbourne’s property market has seen few transactions of this scale from tech entrepreneurs. Forbes lists his residence as Melbourne, aligning with the Australian Financial Review’s inclusion of him on its Young Rich List at A$2.01 billion in 2024 (Wikipedia).

The pattern: Craven is anchoring himself in his home country despite operating global, crypto-native businesses. Why it matters: Australian tax and regulatory implications follow.

Who Is Edward Craven’s Partner?

Current partner

Craven’s relationship status is not publicly confirmed. No official statement or credible media report names a partner. Wikipedia simply omits the field, and searches across lifestyle and business media return no confirmed details. There is speculation on social media and gossip sites, but no verified information from tier 1 or tier 2 sources. The research notes classify this as an area of “unclear” status.

The catch: for a billionaire of his profile, the absence of public relationship data is unusual. It may reflect a conscious choice to shield personal life from the scrutiny that comes with crypto wealth.

Who Is the Crypto Billionaire in Melbourne?

Ed Craven as the crypto billionaire

Craven is the most prominent crypto billionaire based in Melbourne. Forbes Australia described his combined fortune with Bijan Tehrani at US$5.6 billion in 2025. Craven’s individual net worth was listed at $2.8 billion by Forbes in 2026, making him Australia’s youngest billionaire.

Comparison with other Melbourne billionaires

Compared with traditional wealth from property, mining, or retail, Craven’s fortune is entirely digital. Wikipedia notes he is described as the youngest Australian billionaire, though that claim comes with medium confidence. Unlike established dynasties, his wealth is tied directly to the volatile crypto market and the regulatory status of online gambling, a different path from entrepreneurs like Alex Hormozi.

The pattern: Melbourne’s newest billionaire is also its most opaque, forcing the city to reconcile its old-money values with the new realities of crypto wealth.

Timeline

• 1995: Born in Australia (Wikipedia)
• 2013: Launched Primedice with Bijan Tehrani (Wikipedia)
• 2016: Co-founded Easygo (Forbes Australia)
• 2017: Launched Stake.com (Forbes)
• 2022: Co-founded Kick streaming platform (Wikipedia)
• 2026: Listed on Forbes Billionaires list with $2.8 billion net worth (Forbes)

What We Know vs. What We Don’t

Clarity: some facts are rock solid; others rely on a single tier 3 source.

Confirmed facts

• Co-founder of Stake and Kick (Wikipedia)
• Net worth $2.8 billion (Forbes)
• Lives in Melbourne (Forbes Australia)
• Born 1995 (Wikipedia)
• Owns Toorak properties (Forbes Australia)

What’s unclear

• Father’s identity
• Partner or marital status
• Exact birth date
• Educational background (attended Bishop Druitt College, no university)
• Whether he has siblings
• Co-founded Primedice in 2013 (medium confidence)

Perspectives from the Record

“Two obscure Melbourne 20-somethings — unknown to the gambling world and unknown to the wider public — were the real owners of the world’s largest crypto casino.”

— Forbes Australia

“Craven and Tehrani built Stake and Kick through Melbourne-based Easygo.”

— Forbes Australia

“Stake is believed to be the largest crypto-backed online casino in the world.”

— Forbes (profile of Bijan Tehrani)

What This Means for Australia

Ed Craven’s rise from a teenager selling virtual game items to a $2.8 billion fortune illustrates the scale of wealth generation in unregulated crypto gambling. Yet that wealth comes with increasing scrutiny. Australia’s financial intelligence agency AUSTRAC has flagged money-laundering risks in the sector, and Stake’s operations have drawn attention from regulators in multiple jurisdictions. For young Australian entrepreneurs, the lesson is not simply about opportunity — it’s about the inevitability of oversight when digital fortunes cross into physical real estate and traditional banking. The trajectory from online anonymity to regulatory scrutiny is a familiar one in the tech world, much like the story of John McAfee.

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