Onlyfans owner Leonid Radvinsky death: Who will lead adult content platform now?

OnlyFans owner Leonid Radvinsky has died. The secretive billionaire was suffering from cancer. He was 43-year-old. He was born in Ukraine and grew up in Chicago. Under his ownership, OnlyFans turned from a platform that once avoided explicit content into an adults-only phenomenon with more than 300 million users and over $1 billion in annual revenue, powered by erotic performers and celebrity influencers.

Who will own OnlyFans?

Leonid Radvinsky's death leaves questions about who ​will own the platform. His Fenix shares have ​been held in the LR Fenix Trust since 2024 and he had a net worth of about $4.7 billion, according to the Forbes real-time billionaires list.


The Ukrainian-American entrepreneur bought Fenix International, the parent company of OnlyFans, from the platform's British founder ‌Tim Stokely ⁠in ⁠2018. He served as a director on Fenix's board and was its ​majority shareholder.

Reuters reported in January OnlyFans was exploring the sale of a majority stake to investment firm ‌Architect Capital in a deal valuing the company at about $5.5 billion, including debt.

The platform exploded in popularity ​during the ​pandemic as millions of ⁠people stuck at home globally turned to the web, fuelling a surge in content and users. OnlyFans takes a 20 per cent fee on ​most subscriptions and content sold on the platform.

Besides Fenix, Radvinsky also ran Leo, a venture capital fund he founded in 2009 that focuses primarily on investments in technology companies.