Leonid Radvinsky, owner of OnlyFans, dies aged 43
Key Points:
- Leonid Radvinsky, owner and majority shareholder of OnlyFans, has died at age 43 after a long battle with cancer, the company announced.
- Radvinsky, a Ukrainian-American billionaire with a net worth of approximately $3.8 billion, acquired OnlyFans' parent company in 2018 and served as its director.
- He was in talks to sell a 60% stake in OnlyFans, which would have valued the company at about $8 billion, and had moved his ownership to a trust in 2024.
- OnlyFans, founded in 2016, is a subscription-based platform primarily known for adult content, allowing creators to earn income with the company taking a 20% commission.
- The platform gained popularity during the pandemic and hosts a diverse range of creators, including adult performers, Olympians, and teachers, with a focus on providing a safe environment for sexually explicit content.