Leonid Radvinsky, the billionaire owner of the adult creator network OnlyFans, has passed away at the age of 43 after a battle with cancer. OnlyFans confirmed Radvinsky’s death on Monday. The company said it was deeply saddened by his passing, adding that his family has requested privacy.
Originally from Odesa, Ukraine, Radvinsky moved to Chicago as a child. He began running adult streaming websites in his teenage years and launched MyFreeCams in 2004. Radvinsky bought a 75% stake in Fenix International Limited, the parent company of OnlyFans, in 2018 and served as its director and majority shareholder. Beyond OnlyFans, he invested in tech companies through Leo, a venture capital fund he established in 2009.
OnlyFans was founded in 2016 by Tim Stokely and gained massive popularity during the COVID-19 pandemic. The platform enabled creators to monetize their work directly, attracting many workers in the adult industry seeking a reliable source of income. To date, OnlyFans has paid out over 25 billion dollars to creators.
Radvinsky’s passing comes a few months after the company was reportedly in negotiations to sell a 60% stake, a deal that would have valued OnlyFans at around 5.5 billion dollars.