The Ukrainian-American billionaire owner of the OnlyFans platform, Leonid Radvinsky, is dead at 43 following a battle with cancer.
“We are deeply saddened to announce the death of Leo Radvinsky. Leo passed away peacefully after a long battle with cancer,” a spokesperson for OnlyFans said in a statement. “His family have requested privacy at this difficult time.”
Radvinsky acquired the OnlyFans parent company Fenix International in 2018 and served as a director and the majority shareholder. The platform, founded by a British father-son duo in 2016, blew up over the pandemic and changed the world of online porn through a gig-worker model as scores of quarantined users hopped on to pay for subscriptions to content posted directly by porn stars and sex workers.
While some have applauded the business model that seemingly empowers the adult content creators, the platform has been embroiled in some controversy since its launch, including a 2024 investigation that found child sexual abuse material on the platform and a Reuters investigation claiming traffickers were using the platform to make money off of sexually enslaved women. Similar charges of sexual trafficking via OnlyFans were also brought against controversial influencer Andrew Tate in 2023 by Romanian authorities.
The meteoric success of the platform catapulted Radvinsky’s wealth, with Bloomberg estimating his net worth at $3.8 billion as of May 2025.
Radvinsky had reportedly been in talks to sell a 60% stake in the company for roughly the past year. A San Francisco-based investment firm called Architect Capital was in talks with a $2 billion offer to buy his stake, per Bloomberg, but as of last month, the talks were still in early stages. The company had been struggling to find a buyer due to “the porn stigma,” an insider told the New York Post in February, and at least one bank had shied away from representing the platform until the investment bank Moelis & Co reportedly hopped on the deal.
In addition to his work at OnlyFans, Radvinsky was an angel investor and supported several global philanthropic projects, the company shared.
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