OnlyFans, a NSFW social network for creators has become a cash cow for its owner Leonid Radvinsky who earned $701 million in dividends last year alone.
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Leonid Radvinsky, the billionaire owner of Onlyfans, earned more than $1.9 million a day from the site in 2024.
That’s after OnlyFans’ parent company, Fenix International, paid Radvinsky a record $701 million in dividends, according to corporate filings shared by the company on Friday. Radvinsky has now earned some $1.8 billion in pretax dividends since buying the British startup from its founders Tim Stokely and his father Guy Stokely in 2018.
And he may be on the verge of his biggest payday yet. Earlier this year, the Financial Times reported that Radvinsky was in talks with a consortium of investors to sell OnlyFans in a deal that would value the company at about $8 billion.
Between the deal talks and the dividends, Forbes now estimates Radvsinsky’s net worth to be $7.8 billion—double our estimate from a year ago. Radvinsky did not immediately reply to a request for comment.
Under Radvinsky’s ownership, OnlyFans has exploded from a niche website into a massive platform where influencers, celebrities and many sex workers earn cash from content sales and fan subscriptions. The number of creators posting on the site leapt 13% last year to 4.6 million and the number of fan accounts jumped 24% to 377 million.
That drove an 8.8% increase in spending on the platform to more than $7.2 billion last year, with OnlyFans taking a 20% cut on creators’ earnings. “In 2024 OnlyFans continued to grow its revenue and global user base. We expanded in new verticals, demonstrating the strength and potential of the platform across a wide
range of genres,” Keily Blair, CEO of OnlyFans, said in a statement shared with Forbes.
The annual accounts show that the company paid a $497 million dividend to Radvinsky in 2024, then paid a series of dividends to the Florida-based billionaire totaling $204 million through April 2025. That brings Radvinsky’s total dividend earnings from the site to more than $701 million in the past year, according to accounts filed with the U.K.’s Companies House corporate register.
Radvinsky was born in Ukraine and earlier in his career ran porn referral websites. He is now a U.S. citizen.
A sale of OnlyFans might be complicated by the site’s past struggles with credit card processors like Visa and Mastercard. In 2021, OnlyFans banned adult content after it was reported that it had hosted child sexual abuse content, only to quickly reverse its decision. Reuters reported last year that there were more than 140 police complaints in the United States from men and women who had sexually explicit content posted to OnlyFans without their consent. “As we look to the future we will continue to invest in trust and safety tools which benefit our community,” said Blair.
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