Leonid Radvinsky, the owner of OnlyFans, has died of cancer at the age of 43. Radvinsky was a Ukrainian-American billionaire who transformed the platform from a relatively obscure service into a global digital business.
Radvinsky acquired Fenix International Limited, the parent company of OnlyFans, in 2018. Under his leadership, OnlyFans became known for allowing adult film actors and sex workers to monetize their content through a subscription-based model, typically taking a 20% cut of payments and leaving 80% for creators.
As of May 2025, Radvinsky’s net worth was estimated at approximately $3.8 billion. In 2024, OnlyFans reported revenues of about $1.4 billion, with users spending around $7.2 billion on the platform.
Radvinsky was engaged in discussions to sell a 60% stake in OnlyFans, valuing the company at about $8 billion. He had moved his ownership of the platform to a trust in 2024, indicating a strategic approach to his business interests.
First recognized as a billionaire in 2021, Radvinsky maintained a notably low public profile and rarely gave interviews. He began running pornography sites as a teenager, which laid the groundwork for his later success with OnlyFans.
In a statement, 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 Radvinsky’s family has requested privacy during this difficult time.
Observers are now considering the future of OnlyFans in light of Radvinsky’s passing and the ongoing discussions regarding the potential sale of a significant stake in the company. Details remain unconfirmed.
