The World’s Youngest Self-Made Billionaires: Ed Craven and Alexandr Wang

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The World’s Youngest Self-Made Billionaires: Ed Craven and Alexandr Wang

Forbes has just released its 2025 World’s Youngest Billionaires list, featuring 21 incredibly wealthy people under 30. While many on the list inherited their wealth—like the Del Vecchio brothers of EssilorLuxottica—two names stand out for making their fortunes from scratch: Ed Craven and Alexandr Wang.


 

Ed Craven: The High-Stakes Innovator

At 29, Ed Craven has a unique story. Born in 1996 to businessman Jamie Craven, who had his own struggles in the financial world, Ed didn’t follow the usual path. He met Bijan Tehrani online through RuneScape, a game where the two began betting in-game coins on fights. This early gamble led to a big idea.

In 2014, they created Primedice, a Bitcoin dice game that kicked off their journey into the world of online gambling. The success of Primedice helped them launch Easygo, a game development company, and eventually, Stake—which has now become the world’s largest offshore crypto casino, according to Forbes.

Even though Stake is banned in countries like the US and UK, Craven’s smart marketing kept it booming. He signed deals with influencers like rapper Drake and got Stake’s logo on everything from Premier League jerseys to Formula 1 cars.

When Twitch banned gambling streams, Craven and Tehrani created Kick, a new streaming platform that is now challenging Twitch.

Today, Craven is worth $2.8 billion (₱160 billion), with Stake generating $4.7 billion (₱268 billion) in just one year.

 

Alexandr Wang: The AI Prodigy

Alexandr Wang, 27, is another self-made tech star. Raised by Chinese immigrant parents who were physicists in New Mexico, Wang’s love for coding started early. At 17, he landed a job at Addepar, a big company in Silicon Valley—without them knowing he was still in high school.

By 2014, he was already a tech lead at Quora. In a 2019 Forbes interview, he explained, “The best companies are built by people who see problems and find ways to fix them.”

He enrolled at MIT but dropped out a year later to start Scale AI with Lucy Guo after getting backing from Y Combinator. Their platform helps companies organize data for AI training, working with major brands like Meta, Microsoft, Samsung, Uber, General Motors, and even the US government.

Wang’s current net worth is $2 billion (₱114 billion).

While Forbes highlighted their achievements, Human online points out what made them truly stand out. Craven didn’t just ride the crypto wave, he understood digital entertainment in a way no one else did. "He figured out how to grab attention before others even realized it,"

For Wang, his success wasn’t just about being a genius in tech, it was all about timing. As per Human Online, "He launched Scale AI right when Big Tech needed it most. He didn’t just spot an opportunity; he created the perfect solution."

Both of these billionaires show that success in today’s world isn’t just luck, it's struggle and good ideation.

 

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