Leonid Radvinsky, the owner of OnlyFans, has died of cancer at the age of 43. Radvinsky was a Ukrainian-American billionaire, known for his significant contributions to the adult content industry through the subscription-based platform he acquired in 2018.
Radvinsky’s passing comes at a time when he was engaged in discussions to sell a 60% stake in OnlyFans, a move that would have valued the company at approximately $8 billion. His family has requested privacy during this difficult time.
OnlyFans, founded in 2016, allows adult film actors and sex workers to monetize their content, typically taking a 20% cut of payments, which leaves 80% for creators. The platform saw a surge in user numbers during the COVID pandemic, solidifying its position in the market.
As of May 2025, Radvinsky’s net worth was estimated at $3.8 billion. He had moved his ownership of OnlyFans to a trust in 2024 and was paid £522 million in dividends in the previous year.
Radvinsky began his career in the adult industry as a teenager, running pornography sites before founding a venture capital fund called Leo in 2009. His influence on the industry is undeniable, and his death is a significant loss.
In a statement, a spokesperson for OnlyFans expressed, “We are deeply saddened to announce the death of Leo Radvinsky. Leo passed away peacefully after a long battle with cancer.” The spokesperson also noted the family’s request for privacy.
Observers are now left to consider the future of OnlyFans and the impact of Radvinsky’s absence on the platform’s operations and direction.
Details remain unconfirmed regarding the immediate plans for OnlyFans following Radvinsky’s death, but the adult content industry is expected to feel the effects of this significant loss.