Portrait of Bijan Tehrani

Rank #1917

Bijan Tehrani

Net worth $2.2B

Online casino · United States

Born
Jan 01, 1994
Age
32
Source
Online casino
Residence
Citizenship
United States
Marital status
Children
0
Education

Net worth over time

Biography

  • Ed Craven and Bijan Tehrani founded and run Stake.com, believed to be the largest crypto-backed online casino in the world.
  • Stake.com generated $4.7 billion of gross revenue in 2024, despite crypto gambling being unavailable in the United States, United Kingdom and much of Europe.
  • The founders have reinvested its profits into aggressive marketing, putting Stake's name on Formula 1 cars, English Premier League jerseys, UFC octagons and a new livestreaming service.
  • During the pandemic, Stake started paying content creators on Twitch to livestream themselves gambling, transforming the business from $100 million in revenue to $2 billion in just two years.
  • After Twitch banned Stake from advertising on its platform due to a lack of consumer protections, Craven and Tehrani launched their own competing livestream service, Kick.
  • Craven and Tehrani first met online as teenagers, playing the videogame "Runescape." The name Stake comes from its controversial game mechanic called "staking."

Financial assets

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