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Fenix International

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OnlyFans owner pockets $700m in dividends before death as stake sale values platform at $3.2bn
business6 hours ago

OnlyFans owner pockets $700m in dividends before death as stake sale values platform at $3.2bn

FT reports that OnlyFans’ owner Leonid Radvinsky received more than $700 million in dividends before his death this spring, including $535 million in 2025 and a further $174 million post-year; a stake sale to Architect Capital valued the company at about $3.2 billion. For 2025 the platform posted $1.6 billion in revenue, about 5 million creator accounts with $6.2 billion paid to creators that year (roughly $30 billion since 2016), and is now controlled by a family trust led by Radvinsky’s widow; the business employs 47 people in the UK-based operation.

OnlyFans owner dies at 43, ending a controversial tech saga
business5 months ago

OnlyFans owner dies at 43, ending a controversial tech saga

Leonid Radvinsky, the Ukrainian-American billionaire who built OnlyFans by acquiring a majority stake via Fenix International in 2018, has died at 43 after a cancer battle, the company announced. OnlyFans, UK-based but profitable in the US, has paid creators more than $25 billion and generated about $7.2 billion from fans in the past year, with a record $701 million in dividends paid to him last year. Radvinsky had explored a multibillion-dollar sale and a 2022 IPO that never materialized, and his shares have been held in a trust since 2024. The company asked for privacy for his family during this difficult time.

OnlyFans Owner Rakes in Millions in Dividends and Daily Payouts
business3 years ago

OnlyFans Owner Rakes in Millions in Dividends and Daily Payouts

The owner of OnlyFans, the popular online platform used by sex workers, musicians, and celebrities, has received a $338 million payout in dividends as its parent company, Fenix International, reported annual profits of over half a billion dollars. OnlyFans now hosts more than three million creators and serves almost 240 million users. The platform saw a 47% increase in creators and a 27% increase in users. Non-subscription services, such as tips and on-demand content, accounted for more than half of the company's revenues. OnlyFans experienced significant growth and profitability during the pandemic but may face challenges as restrictions are lifted.