World
OnlyFans owner Leonid Radvinsky passes away at 43
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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