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OnlyFans owner Leonid Radvinsky passes away at 43

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Leonid Radvinsky, the reclusive billionaire who acquired and expanded OnlyFans into a multibillion-dollar business, has died at the age of 43.

The company confirmed his death on Monday, saying he passed away peacefully after a prolonged battle with cancer.

“We are deeply saddened to announce the death of Leo Radvinsky. Leo passed away peacefully after a long battle with cancer,” a spokesperson said, adding that his family has requested privacy during this period.

Radvinsky, a Ukrainian-American entrepreneur born in Odesa and raised in Chicago, had purchased a 75 percent stake in Fenix International Limited in 2018. The London-based firm owns OnlyFans, where he served as director and majority shareholder.

Under his ownership the platform surged in popularity during the Covid-19 pandemic, growing to some 377 million users and 4.6 million content creators worldwide.

The company recorded $1.4 billion in net revenue in 2024, taking a 20 percent commission on most creator earnings, and had been valued at around $5.5 billion in early-stage sale talks earlier this year.

Radvinsky, who held a bachelor’s degree in economics from Northwestern University, had a net worth valued at $3.8 billion as of last May, according to the Bloomberg Billionaires Index.

He had transferred his ownership stake into the LR Fenix Trust in 2024.

Beyond OnlyFans, Radvinsky ran Leo, a venture capital fund he founded in 2009 focused on technology investments. He was also known for philanthropic activities, including support for cancer research and open source projects.

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Pearl Essien is a digital content creator and a graduate of the prestigious University of Calabar. With over four years of experience in writing, she specializes in crafting engaging stories that inform and inspire readers. Outside of her work, Pearl enjoys storytelling, reading, and playing table tennis, bringing the same curiosity and passion to her hobbies as she does to her writing.

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