Leonid Radvinsky received over $700 million in dividends before his death as the owner of OnlyFans.
Leonid Radvinsky, the late owner of the streaming platform OnlyFans, received more than $700 million in dividends before his death from cancer earlier this year. The British company Fenix International Ltd, which owns the platform, reported a714 million in profit before tax last year, marking a 5% increase from 2024. OnlyFans is primarily known for its subscription-based adult content and has transformed the industry by fostering personal connections between creators and subscribers. Despite employing only 47 people, the company achieved high profits, significantly outperforming larger firms in terms of staff-to-profit ratios. The platform currently hosts 132 million paying subscribers and 2.5 million active creators. Keily Blair, the chief executive of OnlyFans, stated that the company has paid over $30 billion to creators since its launch a decade ago. While the platform has faced scrutiny from regulators regarding age verification and content exploitation, it remains a major contributor to the UK economy, having paid over £600 million in corporate taxes since 2016.