Leonid Radvinsky, the majority owner of OnlyFans, died after a long battle with cancer, Bloomberg reported and the company confirmed.
He was 43, and Reuters said he bought Fenix International, the parent company of OnlyFans, from its British founder Tim Stokely in 2018.
An OnlyFans spokesperson said, "We are deeply saddened to announce the death of Leo Radvinsky. Leo passed away peacefully after a long battle with cancer," in a company statement.
Radvinsky served as a director on Fenix’s board and was its majority shareholder, Reuters reported, and his Fenix shares have been held in the LR Fenix Trust since 2024.
Business Stakes And Future Of OnlyFans
Under his ownership, OnlyFans grew into a major creator economy platform, attracting more than 300 million users and generating over $1 billion in annual revenue during its expansion, Reuters reported.
The platform surged during the pandemic as global usage rose, and OnlyFans takes a 20 percent fee on most subscriptions and content sold on the service, Reuters added.
Reports cited by other outlets said OnlyFans generated $1.4 billion in revenue in 2024 and that Radvinsky received a $701 million dividend that year, with total payouts exceeding $1.8 billion since 2021, as reported by monrose.de.
Forbes placed his net worth at about $4.7 billion, and Reuters reported in January that OnlyFans had been exploring a sale of a majority stake to Architect Capital in a deal valuing the company at about $5.5 billion including debt.
Beyond OnlyFans, reporting notes he founded adult sites including MyFreeCams and ran a venture fund called Leo, established in 2009, which backed technology companies, as reported in the sourced articles.
Sources also said he supported Ukraine relief, cancer research, and animal welfare, and had expressed interest in the Giving Pledge, according to referenced background material.
