Leonid Radvinsky, the owner of OnlyFans, has died of cancer at the age of 43. Radvinsky was a Ukrainian-American billionaire with a net worth of approximately $3.8 billion as of May 2025. He was known for his significant role in the adult content industry, having acquired Fenix International Limited in 2018 and serving as the director and majority shareholder of OnlyFans.
OnlyFans, founded in 2016, is a subscription-based platform that allows adult film actors and sex workers to monetize their content. The company typically takes a 20% cut of payments, leaving 80% for creators. Radvinsky had moved his ownership of OnlyFans to a trust in 2024, indicating a strategic approach to his business interests.
Prior to his passing, Radvinsky engaged in discussions to sell a 60% stake in OnlyFans, which would have valued the company at about $8 billion. The platform saw a significant increase in user numbers during the COVID pandemic, with 4.6 million creator accounts producing content, reflecting a 13% increase in creator participation.
In 2024, Radvinsky was paid £522 million in dividends, underscoring the financial success of OnlyFans under his leadership. His journey in the adult content industry began as a teenager when he started running pornography sites, eventually leading to the establishment of a venture capital fund called Leo in 2009.
Following the announcement of his death, a spokesperson for OnlyFans expressed, “We are deeply saddened to announce the death of Leo Radvinsky. Leo passed away peacefully after a long battle with cancer.” The spokesperson also noted that “His family have requested privacy at this difficult time.”
Observers in the industry are now contemplating the future of OnlyFans and the potential impact of Radvinsky’s passing on the platform’s operations and direction. Details remain unconfirmed regarding the immediate succession plans or how the trust will manage the company moving forward.
