OnlyFans owner Leonid Radvinsky dies at 43 after cancer battle
Leonid Radvinsky, the man who put a modern spin on pornography and reshaped the industry as the owner of OnlyFans, has died. He was 43.
“We are deeply saddened to announce the death of Leo Radvinsky,” a spokesperson for the London-based company announced on Monday, per Bloomberg News.
“Leo passed away peacefully after a long battle with cancer,” they continued. “His family have requested privacy at this difficult time.”
Radvinsky, who founded cam site MyFreeCams, acquired OnlyFans in 2018, and became the director and main shareholder of its parent company, Fenix International Limited.
How OnlyFans evolved under Radvinsky
The platform — which was founded by father-and-son duo Guy Stokely and Tim Stokely in 2016 — grew in popularity during the pandemic, when many adult film actors and sex workers turned to online work for other sources of income.
Celebrities and athletes also joined the site to become top creators, but the site
is predominantly known known for its adult content.
Last May, billionaire entrepreneur Radvinsky was exploring the sale of the subscription-based adult entertainment platform with an initial valuation of about $8 billion,
Bloomberg News
reported at the time.
Radvinsky had been in talks to sell a 60% stake in OnlyFans in a deal giving the site an enterprise value of around $5.5 billion, Bloomberg reported.
San Francisco-based investment firm Architect Capital had entered talks to lead an offer with equity and around $2 billion in debt, a person familiar with the matter told the outlet.
Those talks were still in the early stages as of February.
Radvinsky’s entrepreneurial boom
Radvinsky was born in Odesa, but relocated from Ukraine and grew up in Chicago.
He earned graduated with a bachelor’s degree in economics from Northwestern University in 2002.
In addition to owning OnlyFans, Radvinsky called himself “president at Leo.com,” and self-described “venture capital investor, philanthropist, and technology entrepreneur,” according to his LinkedIn page, which also noted he was an angel visitor in many other companies.
OnlyFans said the owner moved his Fenix International shares to a trust in 2024.
OnlyFans takes a 20% fee on most subscriptions and content sold on the platform.
The company reported more than 4.6 million creator accounts and some 377 million fans, posting revenue of $1.4 billion in 2024.
Since 2021, Radvinsky had paid himself about $1.8 billion in dividends from the platform.
The reclusive billionaire is survived by wife Katie Radvinsky and their four children.