Leonid “Leo” Radvinsky, the owner of the adult-content digital platform OnlyFans, has died after a battle with cancer, the company confirmed Monday to Variety. He was 43.
“We are deeply saddened to announce the death of Leo Radvinsky,” an OnlyFans spokesperson said in a statement to Variety. “Leo passed away peacefully after a long battle with cancer. His family have requested privacy at this difficult time.”
In 2018, Radvinsky acquired Fenix International Limited, the company that owns and operates OnlyFans. He was a director and the majority shareholder of the company.
Last year, Radvinsky had been in talks to sell OnlyFans for around $8 billion. The porn-friendly platform was reported to have 305 million users at the time. In 2023, OnlyFans paid out $6.6 billion to creators — up 19% or $1.2 billion from the year before. The platform takes a 20% cut of payments from users, while creators keep 80%. The company’s 2023 net revenue jumped to $1.3 billion, with two-thirds of that from the U.S., while its pre-tax profit jumped 25% to $658 million.
Some of the top creators on OnlyFans include Cardi B, Bella Thorne, Iggy Azalea, Bhad Bhabie and Mia Khalifa. The company also launched an effort to recruit non-porn creators and in 2021 with OFTV, a safe-for-work free streaming service with original content.
Radvinsky was born in Ukraine and grew up in Chicago, earning a Bachelor’s Degree in Economics from Northwestern University. He was also an angel investor in multiple other companies and supported several philanthropic projects globally.
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