The leader of "naughty" services has died. Poles paid him 90 million

The leader of “naughty” services has died. Poles paid him 90 million

Leonid Radvinskyowner OnlyFans and one of the most enigmatic billionaires in the Internet industry, dead. It was reported that he died in aged 43 after a long battle with cancer. This is a figure who in recent years has had a significant impact not only on the development of the platform itself, but also on the entire monetization model in the adult content segment.

He was born in Ukraine but raised in the United States

Radvinsky, a Ukrainian-American businessman, took over Fenix ​​International (parent company of OnlyFans) in 2018 from the British founder of the website Tim Stokely. As the main shareholder and member of the management board, he oversaw the period of the most dynamic growth of the platform. It was during his term that OnlyFans went from a website that initially tried to avoid clearly erotic content to a global phenomenon associated almost exclusively with this industry.

The subscription-based model turned out to be a hit. The platform grew to over 300 million users and began generating over $1 billion in revenue annually. Interestingly, Poland was in 12th place on the list of “sponsors” on OnlyFans. In 2025, Poles spent as much as $87.3 million on adult content.

The key to success was the COVID-19 pandemicwhen millions of people around the world spent more time at home, and online services based on direct contact between creators and recipients experienced a real boom. OnlyFans charges a 20% commission on most subscriptions and content sold.

Radvinsky’s death also gives birth questions about the company’s ownership future. His shares in Fenix ​​had been in the LR Fenix ​​Trust structure since 2024, and according to the Forbes billionaires list, the businessman’s fortune was about $4.7 billion. In addition to his activities related to OnlyFans, he also ran the Leo venture capital fund, founded in 2009, focusing mainly on investments in technology companies.

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