The platform exploded in reputation underneath his management.
OnlyFans majority proprietor Leonid Radvinsky has died (Picture: @Leo_Radvinsky1/Twitter)
OnlyFans proprietor and reclusive billionaire Leonid Radvinsky has died aged 43, the corporate introduced on Monday. A spokesperson mentioned in a press release: “We’re deeply saddened to announce the dying of Leo Radvinsky. Leo handed away peacefully after a protracted battle with most cancers.
“His household have requested privateness at this troublesome time.” The Ukrainian-American acquired OnlyFans’ dad or mum firm Fenix Worldwide in 2018, turning into the bulk shareholder and director. Two years prior, British father-son duo Man and Tim Stokely got here up with the thought for and constructed the streaming platform.
OnlyFans surged in reputation throughout the pandemic. (Picture: Getty)
Following its success, the platform was reportedly exploring a sale of a majority stake to funding agency Architect Capital, valuing the corporate at round $5.5 billion, together with debt.
As of February, the talks had been nonetheless of their early levels, an nameless supply instructed Bloomberg.
OnlyFans takes a 20% charge on most subscriptions and content material bought. In 2024, it reported greater than 4.6 million creator accounts and 377 million followers, producing a income of $1.4 billion.
That very same yr, Mr Radvinsky moved his possession of OnlyFans right into a belief.
In 2025, it paid out a report $701 million, the Monetary Instances stories. Since 2021, Mr Radvinsky paid himself round $1.8 billion in dividends from the platform.
Previous to his dying, he additionally ran enterprise capital fund Leo, based in 2009 and focusing totally on investments in know-how corporations.
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OnlyFans mentioned its boss supported “a number of philanthropic tasks globally”.
His web site says he donated to charities together with Memorial Sloan Kettering Most cancers Middle, open supply initiatives, and the West Suburban Humane Society.
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