leonid radvinskyThe billionaire owner of adult creator network OnlyFans has died at the age of 43 after a battle with cancer.
OnlyFans confirmed Radwinski’s death on Monday. According to a spokesperson, the company said it was “deeply saddened” by his passing, adding that his family had requested privacy. reuters Gave the news first.
Originally from Odessa, Ukraine, Radvinsky moved to Chicago as a child and began running adult streaming websites in his teens, and launched MyFreeCams in 2004.
Radwinski purchased a 75% stake in OnlyFans’ parent company Fenix International Ltd. in 2018 and serves as its director and majority shareholder. In addition to OnlyFans, he invests in tech companies through LEO, a venture capital fund founded in 2009.
OnlyFans was founded in 2016 by Tim Stokely and gained massive popularity during the COVID-19 pandemic. The platform enabled creators to directly monetize their work, attracting many workers in the adult industry looking for a reliable source of income. To date, OnlyFans has paid more $25 billion For creators.
Radvinsky died a few months after the company’s closure. Allegedly Talks are underway to sell a 60% stake in OnlyFans, which would value the company at approximately $5.5 billion.
