OnlyFans owner was paid over $700m before his death

The late owner of OnlyFans, Leonid Radvinsky, received over $700 million in dividends before his cancer-related death earlier this year. The streaming platform, which primarily hosts subscription-based adult content, recorded a profit of $714 million before tax last year, marking a 5% increase from 2024. OnlyFans, owned by Fenix International Ltd, employs just 47 people, a stark contrast to large companies like Marks and Spencer, which has over 65,000 employees but also achieved significant profits.

Radvinsky, who was born in Ukraine and raised in the US, purchased OnlyFans from its British founders in 2018. After his death on March 23, the company is now owned by his widow, Yekaterina (Katie) Chudnovsky. OnlyFans gained popularity during the Covid-19 pandemic, with 132 million paying subscribers and 2.5 million active creators in 2025.

Despite the boom in size and popularity under Radvinsky's leadership, the platform has faced scrutiny from lawmakers and regulators due to allegations of exploitation, coercion, and violence against creators. In 2024, British regulators investigated the possibility of children accessing pornographic content on the site, a claim the company attributed to a technical issue.

OnlyFans CEO Keily Blair emphasized that the platform provides real opportunities for people to monetize their content with a global fan base, contributing significantly to the UK economy through corporate taxes.