Leonid Radvinsky, the billionaire owner of OnlyFans, has died at the age of 43 following a prolonged battle with cancer, the company confirmed on Monday. The Ukrainian-born entrepreneur, widely credited with transforming the digital content economy, passed away peacefully, with his family requesting privacy during their time of mourning.
“We are deeply saddened to announce the death of Leo Radvinsky. Leo passed away peacefully after a long battle with cancer,” the company said in a statement. “His family have requested privacy at this difficult time.”
Radvinsky, who held a majority stake in the platform through Fenix International Ltd., acquired control in 2018 and helped reshape the creator economy by enabling individuals to monetize content directly through subscriptions. Under his leadership, OnlyFans became one of the most influential and profitable digital platforms globally.
Founded in 2016 by British entrepreneurs Tim Stokely and Guy Stokely, OnlyFans initially gained traction as a platform for exclusive content that could not be hosted on mainstream social media. Its growth accelerated dramatically during the COVID-19 pandemic, as millions of creators turned to digital platforms for income.
Despite attempts to broaden its appeal by attracting chefs, athletes, and other mainstream creators, OnlyFans has remained closely associated with adult content.
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The platform charges a 20% commission on creator earnings and continues to report strong financial performance. In 2024, the company generated approximately $1.4 billion in revenue, with more than 4.6 million creators and 377 million users worldwide.
Radvinsky himself reportedly earned around $1.8 billion in dividends between 2021 and early 2025. Before his death, he had been in early-stage discussions to sell a 60% stake in the company, a deal that could have valued OnlyFans at around $5.5 billion, raising questions about the platform’s future ownership and direction.
Born in Odesa, Radvinsky later moved to the United States as a child and eventually settled in Florida. Known for maintaining a low public profile, he was nonetheless active in philanthropy, supporting organizations such as Memorial Sloan Kettering Cancer Center, open-source initiatives, and the West Suburban Humane Society.
He also transferred his ownership stake into a trust in 2024, signaling long-term planning for the company’s governance.
Radvinsky’s death marks the end of a pivotal chapter for OnlyFans, a platform that fundamentally altered how digital content is created, distributed, and monetized.
His legacy will likely continue to shape conversations around the creator economy, digital ownership, and the evolving boundaries of online media.