OnlyFans majority owner Radvinsky dies at 43 after cancer battle
Leonid Radvinsky, the billionaire entrepreneur behind the global success of adult content platform OnlyFans, has died at the age of 43 following a prolonged battle with cancer.
The company confirmed his death in a statement on Monday, noting that he passed away peacefully. It also said his family had requested privacy during the period of mourning.
Radvinsky, a Ukrainian-American businessman born in Odesa and raised in Chicago, acquired a 75 per cent stake in Fenix International Limited, the London-based parent company of OnlyFans, in 2018. He served as the firm’s director and majority shareholder.
During his tenure, OnlyFans experienced rapid expansion, particularly during the COVID-19 pandemic, when the platform gained widespread popularity. It grew to approximately 377 million users and about 4.6 million content creators globally.
The company generated about $1.4 billion in net revenue in 2024, earning largely from a 20 per cent commission on creators’ income. It was reportedly valued at around $5.5 billion during early-stage sale discussions earlier this year.
Radvinsky, who held a degree in economics from Northwestern University, had an estimated net worth of $3.8 billion as of May last year, according to the Bloomberg Billionaires Index.
In 2024, he transferred his ownership stake to the LR Fenix Trust.
Aside from OnlyFans, he founded Leo, a venture capital firm focused on technology investments, and was recognised for supporting cancer research and open-source initiatives.
Radvinsky started making porn sites when he was a teenager. That had to be in the mid to late nineties, roughly. He was trying to master this art before the industry could take off and make itself available to everyone, at the touch of a button.
My heart goes out to his grieving loved ones, and it grieves me that he started this when he was so young. He died a billionaire.
Radvinsky has donated to causes also funded by Les Wexner (an Epstein associate). I did a cross-reference on epsteinexposed.com and Radvinsky’s name does not appear in any of the publicly released Jeffrey Epstein materials—neither the flight-log databases, nor the “black book,” nor the troves of court documents unsealed since 2024. Considering the trafficking and non-consensual content surrounding the porn industry, I’m surprised that Ravinsky’s social connections and wealth from online pornography doesn’t put him in Jeffrey Epstein’s orbit.
Radvinsky made a legal arrangement that placed assets under the control of another party. Title to the asset—in this case the shares of Fenix International Ltd., the U.K. parent of OnlyFans. This is normal for high-net-worth owners. That keeps the asset out of probate court, speeds distribution, and maintains privacy. Reports say he was in talks to sell 60 % of OnlyFans at an $8 billion valuation. Housing the shares in a trust streamlines due-diligence and lets the trustee execute the deal even after the founder’s death.
Since we’re not privy to the names of the trustees and beneficiaries, we can only hope and pray they’ll put the money to decent use instead of furthering pornographic abuse.