Reclusive OnlyFans owner Leonid Radvinsky dead at 43

Leonid Radvinsky, the reclusive billionaire who acquired adult content platform OnlyFans and transformed it into a multibillion-dollar empire, has died of cancer aged 43, the company announced on Monday.

“We are deeply saddened to announce the death of Leo Radvinsky. Leo passed away peacefully after a long battle with cancer,” an OnlyFans spokesperson said. “His family have requested privacy at this difficult time.”

Florida-based Radvinsky, a Ukrainian-American entrepreneur born in Odesa and raised in Chicago, bought a 75 per cent stake in Fenix International Limited – the London-based parent company of OnlyFans – in 2018, serving as its director and majority shareholder.

Under his ownership the platform surged in popularity during the Covid-19 pandemic, growing to some 377 million users and 4.6 million content creators worldwide.

The company recorded US$1.4 billion in net revenue in 2024, taking a 20 per cent commission on most creator earnings, and had been valued at around US$5.5 billion in early-stage sale talks earlier this year.

Radvinsky, who held a bachelor’s degree in economics from Northwestern University, had a net worth valued at US$3.8 billion as of last May, according to the Bloomberg Billionaires Index.