OnlyFans owner paid over $700m before his death
OnlyFans owner Leonid Radvinsky received over $700 million in dividends before his death earlier this year. The platform, which remains highly profitable with a small staff, is now owned by his widow.
Why it matters
The massive profitability of OnlyFans highlights the economic scale of the creator economy and the unique business model of adult content platforms.
Image source, NurPhoto / Getty Images Image caption, OnlyFans made $700m in profit last year
The late owner of streaming platform OnlyFans was paid more than $700m (£513m) in dividends before his death from cancer earlier this year.
Fenix International Ltd, the British company that owns OnlyFans, made $714m in profit before tax last year, it said in its annual report. This is an increase of 5% from 2024.
The site hosts a range of subscription-based content from cooking to fitness videos, but it is best known for pornography and is credited with transforming online adult content by encouraging personal connection between sex workers and subscribers.
Its owner Leonid Radvinsky, who died earlier this year aged 43 , bought the site from its British founders in 2018.
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