The only owner of OnlyFans, Leonid Radvinsky, has died

The fate of the platform remains uncertain

OnlyFans owner and billionaire Leonid Radvinsky died at the age of 43 after a long battle with cancer. Company representatives reported this. “We are deeply saddened by the news of the death of Leo Radvinsky. Leo passed away peacefully after a long battle with cancer,” the statement said.

Radvinsky, whose fortune was estimated at approximately $4.7 billion, was the majority and in fact the only shareholder of the platform.

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Business and growth of OnlyFans

The OnlyFans service was founded in 2016, and in 2018 Radvinsky acquired it and developed it through the company Fenix ​​International.

The service is an online platform and mobile application where users pay to subscribe to authors in order to receive content from them and interact directly with them. The platform has become especially popular during the pandemic, allowing authors to earn money from subscriptions.

By 2024, OnlyFans had more than 4.6 million registered authors and 377 million users, and revenue reached $1.4 billion. Since its founding, the platform has paid authors more than $20 billion. Radvinsky himself has received more than $1.8 billion in dividends since 2021, and in 2025 alone, payments exceeded $700 million.

Closed businessman and sales plans

Radvinsky was born in 1982 in Odessa, later moved to the USA and graduated from Northwestern University. Before purchasing OnlyFans, he ran an adult webcam business.

He remained a private figure, rarely giving interviews and said he spent "enormous amounts of time, effort and money on non-profit causes." He also described himself as an “avid reader, chess player and aspiring helicopter pilot.”

In 2024, Radvinsky transferred ownership of the company to a trust and negotiated the sale of up to 60% of the business, valued at approximately $5.5 billion. The deal was at an early stage.

In 2023, OnlyFans donated more than $5 million to Ukraine, including cryptocurrency transfers.

The future of the platform and controversial decisions

Following the death of the businessman, uncertainty remains surrounding the future of OnlyFans. The service previously considered banning pornographic content, but abandoned the idea after six days.

In 2022, the platform limited its work with users from Russia, freezing accounts and transactions. However, as Vorstka previously reported, Russian models continued to cooperate with the service - to do this, it is enough to obtain a residence permit from another country or even a Thai license.

Photo: Leonid Radvinsky. Facebook