Leonid Radvinsky, the owner of OnlyFans, has passed away

In Brief

Leonid Radvinsky, the billionaire proprietor of the big creator web OnlyFans, has passed distant astatine the property of 43 aft a conflict with cancer. 

OnlyFans confirmed Radvinsky’s decease connected Monday. The institution said it was “deeply saddened” by his passing, according to a spokesperson, adding that his household has requested privacy. Reuters first reported the news. 

Originally from Odesa, Ukraine, Radvinsky moved to Chicago arsenic a kid and began moving big streaming websites successful his teenage years, launching MyFreeCams successful 2004.

Radvinsky bought a 75% involvement successful Fenix International Limited, the genitor institution of OnlyFans, successful 2018 and served arsenic its manager and bulk shareholder. In summation to OnlyFans, helium invested successful tech companies via Leo, a task superior money that was established successful 2009.

OnlyFans was founded successful 2016 by Tim Stokely and gained monolithic popularity during the COVID-19 pandemic. The level enabled creators to monetize their enactment directly, attracting galore workers successful the big manufacture seeking a reliable root of income. To date, OnlyFans has paid retired implicit $25 billion to creators.

Radvinsky’s passing comes a fewer months aft the institution was reportedly in negotiations to merchantability a 60% involvement successful OnlyFans, which would person valued the institution astatine astir $5.5 billion. 

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