Leonid Radvinsky, the Ukrainian-American billionaire who owned OnlyFans, has died at age 43 after a long battle with cancer. The company announced his death Monday.
Key Takeaways
Leonid Radvinsky, Ukrainian-American billionaire owner of OnlyFans, has died at age 43 after a long battle with cancer. The company announced his passing on Monday.
- OnlyFans had over 4.6 million creators and generated $1.4 billion in revenue in 2024
- Radvinsky's net worth was estimated between $3.8 billion to $4.7 billion at the time of death
- He acquired OnlyFans in 2018, transforming it into a major platform during his ownership
- Radvinsky had been exploring a sale of a majority stake earlier this year
- The company has requested privacy for his family
Radvinsky transformed what began as an adult-content site into a major platform with 4.6 million content creators and billions in revenue during his ownership. According to Forbes, he was worth $4.7 billion at the time of death, though The Guardian reported his net worth as about $billion as of May 2025.
The entrepreneur acquired OnlyFans in 2018 from its founders, Guy and Tim Stokely. Under Radvinsky's leadership, the company grew rapidly, with revenue increasing from about $59 million in 2019 to $1.4 billion in 2024. The platform gained particular popularity during COVID-19 lockdowns as creators and consumers turned to online content.
Radvinsky received significant financial benefits from the company's success, taking home about $1.8 billion in dividends since 2021. In addition to OnlyFans, he ran a venture capital fund called Leo that focused on technology investments. The company was reportedly exploring a sale of a majority stake earlier this year.
Born in Odesa and raised in Chicago, Radvinsky studied economics at Northwestern University. According to the Wall Street Journal, he began running pornography sites as a teenager. In recent months, he had engaged in talks to sell a 60% stake in OnlyFans that would have valued the company at about $8 billion.
Radvinsky requested privacy for his family during this difficult time. He had been living in Florida with his wife and children before his passing. The company stated,
'We are deeply saddened to announce the death of Leo Radvinsky. Leo passed away peacefully after a long battle with cancer.'His family has requested privacy at this difficult time.
The platform's user base grew significantly during the COVID-19 pandemic, reaching over 377 million subscribers in 2024. OnlyFans takes a 20% stake in creators' income from the site, which features content ranging from adult material to posts by Olympians, teachers, and artists.
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