Richard Craib

Richard Craib is the South African-born founder and CEO of Numerai, the world's first AI-powered crowdsourced hedge fund. By encrypting financial data and opening it to thousands of anonymous data scientists globally - who stake NMR cryptocurrency on their models - Craib built a machine learning meta-model that now manages hundreds of millions in assets. In 2017 he pioneered the concept of a hedge fund issuing its own cryptocurrency. Backed by Paul Tudor Jones, Naval Ravikant, and JPMorgan, Numerai raised a $30M Series C at a $500M valuation in late 2025 and achieved a 25.45% net return in 2024.