OnlyFans owner paid over $700m before his death

The proprietor of OnlyFans received more than $700 million in dividends before his death from cancer earlier this year, according to Fenix International Ltd. The British company that owns the platform reported $714 million in net profit for the past year, a 5 % increase from 2024. OnlyFans hosts a range of subscription‑based material, from cooking to fitness videos, but is best known for pornography and is credited with reshaping online adult content by facilitating direct interaction between performers and subscribers. Leonid Radvinsky, who died on 23 March aged 43, acquired the site from its British founders in 2018. Born in Ukraine and raised in the United States, he was succeeded by his widow, Yekaterina 'Katie' Chudnovsky. The platform employs just 47 people. By contrast, major retailers such as Marks and Spencer, with roughly 65 000 staff, posted £671 million in net profit last year. Fenix International’s financial statements show dividend payments of $535 million for the year ending 30 November 2025, with additional distributions of $174 million made between then and 26 March 2026. OnlyFans experienced a surge in usage during the Covid‑19 pandemic, which placed Radvinsky on Forbes’ annual billionaires list just three years later. The service is recognised for enabling creators and fans to connect through livestreams, personalised messages and unsolicited requests for custom‑made photos and videos. In exchange for hosting this content, OnlyFans retains a 20 % share of all payments. As of 2025, the platform counted 132 million paying subscribers and 2.5 million active creators. Its rapid growth under Radvinsky’s leadership attracted scrutiny from legislators and regulators. A BBC Three documentary highlighted accusations of exploitation, coercion and abuse involving creators. In 2024, British regulators opened an investigation into whether minors were accessing pornographic material on the site. Ofcom later discontinued the probe but levied a fine of approximately £1.05 million against the company for failing to respond accurately to requests for information about its age‑verification measures, which theoretically require users to be 18 or older. Creators have also challenged the perception that producing explicit videos on OnlyFans amounts to a get‑rich‑quick scheme. Keily Blair, the company’s chief enforcement officer, stated on Tuesday that OnlyFans has paid out more than $30 billion to creators since its launch a decade ago. She said, "OnlyFans provides existent opportunities to existent radical by creating a safe, regulated abstraction wherever radical tin monetise their contented with a planetary instrumentality base," and added, "As a UK-based concern we person besides made a important publication to the UK economy, paying implicit £600 cardinal successful firm taxes from 2016 to date."